OverviewSuggest Edit

Owens Corning is a company that develops, manufactures, and markets insulation, roofing, and fiberglass composites. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber, and manufactures and sells glass fiber products in the form of fabrics, non-wovens, and other specialized products. The Insulation segment manufactures and sells fiberglass insulation into residential, commercial, industrial, and other markets for thermal and acoustical applications. The Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials.

TypePublic
Founded1938
HQToledo, OH, US
Websiteowenscorning.com
Employee Ratings3.9
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)19,000(-5%)
Job Openings317
Revenue (FY, 2020)$7.1 B(-1%)
Share Price (Jul 2021)$96.2
Cybersecurity ratingCMore

Key People/Management at Owens Corning

Todd Fister

Todd Fister

President, Insulation
Ava Harter

Ava Harter

Senior Vice President, Secretary and General Counsel
Marcio Sandri

Marcio Sandri

President, Composites Business
Daniel Smith

Daniel Smith

Senior Vice President, Growth and Administration
Gunner Smith

Gunner Smith

President, Roofing
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Owens Corning Office Locations

Owens Corning has offices in Toledo, Aiken, Amarillo, Atlanta and in 112 other locations
Toledo, OH, US (HQ)
1 Owens Corning Pkwy
Aiken, SC, US
2648 Wagener Rd
Amarillo, TX, US
1701 Hollywood Rd
Atlanta, GA, US
4795 Frederick Dr SW
Blythewood, SC, US
1051 Jenkins Brothers Rd
Brentwood, NH, US
61 Pine Rd
Show all (118)

Owens Corning Financials and Metrics

Owens Corning Revenue

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Owens Corning's revenue was reported to be $7.06 b in FY, 2020
USD

Revenue (Q1, 2021)

1.9b

Gross profit (Q1, 2021)

444.0m

Gross profit margin (Q1, 2021), %

23.2%

Net income (Q1, 2021)

210.0m

EBIT (Q1, 2021)

298.0m

Market capitalization (30-Jul-2021)

9.9b

Closing stock price (30-Jul-2021)

96.2

Cash (31-Mar-2021)

605.0m

EV

12.6b
Owens Corning's current market capitalization is $9.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.4b7.1b7.2b7.1b

Revenue growth, %

11%1%

Cost of goods sold

4.8b5.4b5.6b5.4b

Gross profit

1.6b1.6b1.6b1.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.7b1.8b1.8b1.7b1.9b1.9b1.6b1.6b1.9b1.9b

Cost of goods sold

1.3b1.4b1.4b1.3b1.5b1.4b1.3b1.3b1.4b1.5b

Gross profit

355.0m418.0m448.0m325.0m440.0m461.0m306.0m343.0m477.0m444.0m

Gross profit Margin, %

21%23%25%19%23%24%19%21%25%23%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

246.0m78.0m172.0m717.0m

Accounts Receivable

806.0m794.0m770.0m919.0m

Inventories

841.0m1.1b1.0b855.0m

Current Assets

2.0b2.0b2.1b2.6b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

290.0m547.0m405.0m(385.0m)

Depreciation and Amortization

371.0m433.0m457.0m493.0m

Inventories

(57.0m)(216.0m)35.0m189.0m

Accounts Payable

187.0m(89.0m)(11.0m)25.0m
Quarterly
USDFY, 2017

Revenue/Employee

375.5k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x
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Owens Corning Operating Metrics

FY, 2017FY, 2018FY, 2019

Manufacturing Facilities (Composites)

292827

Office Space, sq. ft.

400 k400 k400 k

R&D Centers

202020

R&D Facility Space, sq. ft.

650 k650 k650 k
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Owens Corning Acquisitions / Subsidiaries

Company NameDateDeal Size
Paroc GroupFebruary 05, 2018$1.12 b
Pittsburgh CorningJune 27, 2017$570 m
InterWrapFebruary 24, 2016$450 m
ThermafiberJune 03, 2013
FiberTEK InsulationAugust 05, 2011
The Modulo /ParMur GroupSeptember 17, 2006$32 m
Asahi Glass - Composites BusinessDecember 08, 2005
Vitro FibrasFebruary 04, 2004
Northern ElastomericNovember 02, 1999
Fibreboard Corp.May 27, 1997
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Owens Corning Revenue Breakdown

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Owens Corning revenue breakdown by business segment: 35.8% from Roofing, 36.2% from Insulation and 28.0% from Composites

Owens Corning revenue breakdown by geographic segment: 7.1% from Asia Pacific, 9.3% from Europe, 16.9% from Canada and Other and 66.7% from United States

Human Capital Metrics

Source: craft.co
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Owens Corning Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Owens Corning Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Owens Corning Online and Social Media Presence

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Owens Corning Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    A+

    82/100

  • Compensation

    B+

    74/100

  • Diversity

    A

    77/100

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Owens Corning Blogs

Owens Corning Marks 40 Years With MGM’s Pink Panther

Dateline City: TOLEDO, Ohio TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE:OC) is celebrating the 40th anniversary of its relationship with The Pink Panther™. Through the years, the iconic MGM character and company “spokescat” has g…

Owens Corning Introduces FOAMULAR® NGX Insulation

Dateline City: TOLEDO, Ohio Innovative blowing agent blend delivers 90% reduction in Global Warming Potential TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today anno…

Owens Corning Names Kenneth Parks Chief Financial Officer

Dateline City: TOLEDO, Ohio TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced today the appointment of Kenneth Parks as Senior Vice President and Chief Financial Officer, effective September 8, 2020. Mr. Parks will join …

Owens Corning Awarded with “National Preferred Partner” Distinction from David Weekley Homes

Dateline City: TOLEDO, Ohio TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning’s (NYSE: OC) Insulation business earned the National Preferred Partner designation from David Weekley Homes’ 16th annual National Preferred Partner Survey. This is…

Owens Corning Reports Second-Quarter 2020 Results

Dateline City: TOLEDO, Ohio Company Delivered Net Sales of $1.6 Billion Company delivered solid quarterly results in a challenging environment Roofing produced $148 million of EBIT on strong …

Owens Corning to Announce Second-Quarter 2020 Financial Results on July 29

Dateline City: TOLEDO, Ohio TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce second-quarter 2020 financial results on Wednesday, July 29, 2020, before the New York Stock Exchange opens. The company will h…
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Owens Corning Frequently Asked Questions

  • When was Owens Corning founded?

    Owens Corning was founded in 1938.

  • Who are Owens Corning key executives?

    Owens Corning's key executives are Todd Fister, Ava Harter and Marcio Sandri.

  • How many employees does Owens Corning have?

    Owens Corning has 19,000 employees.

  • What is Owens Corning revenue?

    Latest Owens Corning annual revenue is $7.1 b.

  • What is Owens Corning revenue per employee?

    Latest Owens Corning revenue per employee is $371.3 k.

  • Who are Owens Corning competitors?

    Competitors of Owens Corning include CertainTeed, Dow and PPG Industries.

  • Where is Owens Corning headquarters?

    Owens Corning headquarters is located at 1 Owens Corning Pkwy, Toledo.

  • Where are Owens Corning offices?

    Owens Corning has offices in Toledo, Aiken, Amarillo, Atlanta and in 112 other locations.

  • How many offices does Owens Corning have?

    Owens Corning has 118 offices.