Owens Corning 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.

Toledo, US
Size (employees)
16,000 (est)
Owens Corning was founded in 1938 and is headquartered in Toledo, US
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Key People/Management at Owens Corning

Mike Thaman

Mike Thaman

Chairman of the Board and Chief Executive Officer
Michael Mcmurray

Michael Mcmurray

Senior Vice President and Chief Financial Officer

Owens Corning Office Locations

Owens Corning has an office in Toledo
Toledo, US (HQ)
1 Owens Corning Pkwy
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Owens Corning Financials and Metrics

Owens Corning Financials

Owens Corning's revenue was reported to be $5.35 b in FY, 2015 which is a 1.4% increase from the previous period.

Revenue (Q3, 2017)

1.7 b

Gross profit (Q3, 2017)

424 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

96 m

Market capitalization (23-Apr-2018)

8.8 b

Cash (30-Sep-2017)

168 m


11.2 b
Owens Corning's current market capitalization is $8.8 b.
USDFY, 2013FY, 2014FY, 2015


5.3 b5.3 b5.4 b

Revenue growth, %


Cost of goods sold

4.3 b4.3 b4.2 b

Gross profit

966 m976 m1.2 b
USDQ2, 2014Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


1.3 b1.3 b1.4 b1.4 b1.2 b1.4 b1.5 b1.2 b1.5 b1.5 b1.5 b1.6 b1.7 b

Cost of goods sold

1.1 b1 b1.1 b1.1 b998 m1.1 b1.1 b959 m1.1 b1.1 b1.1 b1.2 b1.3 b

Gross profit

253 m234 m248 m251 m209 m308 m340 m272 m416 m374 m343 m409 m424 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


57 m67 m96 m112 m

Accounts Receivable

683 m674 m709 m678 m


810 m817 m644 m710 m

Current Assets

1.8 b1.8 b1.5 b1.6 b
USDQ2, 2014Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


51 m65 m81 m51 m77 m80 m62 m54 m67 m110 m101 m199 m168 m


834 m910 m886 m823 m825 m786 m701 m708 m753 m729 m726 m792 m793 m

Current Assets

1.9 b2.2 b2.1 b2 b2 b2 b1.9 b1.6 b1.8 b1.7 b1.8 b2 b2 b


2.9 b2.9 b2.9 b2.9 b2.9 b2.9 b2.9 b3 b3.1 b3.1 b3.1 b3.3 b3.3 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

205 m228 m334 m399 m


(27 m)(29 m)150 m5 m

Accounts Payable

46 m3 m28 m25 m

Cash From Operating Activities

407 m452 m742 m943 m
USDQ2, 2014Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

123 m120 m142 m194 m19 m111 m224 m59 m198 m311 m101 m197 m293 m

Depreciation and Amortization

235 m76 m154 m229 m75 m151 m224 m76 m158 m242 m84 m168 m269 m

Long-term Borrowings

(1 m)(1 m)(1 m)(8 m)(8 m)(160 m)(351 m)

Dividends Paid

(19 m)(37 m)(39 m)(39 m)(58 m)(40 m)(40 m)(61 m)(45 m)(45 m)(67 m)
USDY, 2017


106.4 k

Financial Leverage

2.1 x
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Owens Corning Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Paroc Group October 30, 2017€900 m
Pittsburgh Corning May 15, 2017$560 m
InterWrap February 24, 2016$450 m
Thermafiber June 03, 2013
FiberTEK Insulation August 05, 2011
The Modulo /ParMur Group September 17, 2006$32 m
Asahi Glass - Composites Business December 08, 2005
Vitro Fibras February 04, 2004
Northern Elastomeric November 02, 1999
Fibreboard Corp. May 27, 1997
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