MarketPR

Owens Corning (OC) Posts $3.93 Adjusted EPS on $2.8 Billion Q2 Revenue as Q3 Margin Guidance Steps Down

8/9/2026

Adjusted earnings of $3.93 per diluted share and $660 million in adjusted EBITDA gave Owens Corning (NYSE: OC) a clean second-quarter 2026 print, with total revenue of $2.8 billion and a 24% adjusted EBITDA margin.

The next confirmable milestone: a Q3 consolidated EBITDA margin that management guided to approximately 20% to 22%, as a $40 million Iran-related cost headwind and a mid-to-high single-digit roofing revenue decline compress the tape.

The numbers behind the Q2 print Free cash flow rose to $199 million from $129 million a year earlier.

Owens Corning returned $264 million to shareholders in the quarter, split between $200 million of share repurchases and $64 million in dividends, bringing first-half capital returns to $327 million.