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Owens Corning Delivers Full-Year Net Sales of $9.7 Billion; Generates Earnings of $1.2 Billion and Adjusted EBIT of $1.8 Billion
OCOwens ning(OC) Businesswire·2024-02-14 11:00

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported fourth-quarter and full-year 2023 results. Reported Net Sales of 9.7Billion,DownSlightlyfromPriorYearExpanded2023AdjustedEBITMarginsto199.7 Billion, Down Slightly from Prior Year Expanded 2023 Adjusted EBIT Margins to 19% and Adjusted EBITDA Margins to 24% Delivered Diluted EPS of 13.14 and Adjusted Diluted EPS of 14.42GeneratedOperatingCashFlowof14.42 Generated Operating Cash Flow of 1.7 Billion and Free Cash Flow of 1.2BillionReturned1.2 Billion Returned 812 Million, or 68%, of Free Cas ...