Earnings Releases·Nov 4, 2026, 6:01 AM ET

Owens Corning — Third Quarter 2026 Earnings Summary

Net sales declined 7% year-over-year to $2.5 billion for the quarter, while the company reported a net loss of $248 million (10% margin) compared to a $495 million loss in the prior year period; adjusted diluted EPS was $2.44 for the quarter.
Significant one-time charges included a $476 million non-cash impairment related to the Doors business, alongside $366 million in goodwill and $77 million in intangible asset impairments, resulting in segment-specific sales declines of 16% for Roofing and 11% for Doors.
Management provided Q4 2026 guidance projecting revenue between $2.0 billion and $2.2 billion with an enterprise adjusted EBITDA margin of 10% to 12%, citing continued pressure from weak residential demand, low storm activity, and input cost inflation.
The company returned $337 million to shareholders via $275 million in share repurchases and $62 million in dividends, reduced net debt by $299 million to a net leverage ratio of 2.5x, and announced the promotion of Todd Fister to President and COO.