Owens Corning Q4 EPS Falls 19%, Revenue Plunges 17%
Owens Corning reported Q4 adjusted EPS of $1.10, missing the $1.36 target, while revenue fell 17% year-over-year to $2.14 billion. Roofing sales dropped 27%, insulation fell 7% and doors declined 14%, with a $1.2 billion non-cash impairment in doors and Q1 revenue guidance of $2.1–2.2 billion.
1. Fourth-Quarter Financial Results
Owens Corning posted adjusted EPS of $1.10 in Q4, missing the $1.36 target, as revenue declined 17% to $2.14 billion compared with consensus expectations of $2.17 billion.
2. Segment Performance and Impairment Charges
Roofing sales fell 27%, insulation dropped 7% and doors were down 14% year-over-year. The company recorded $1.2 billion in non-cash, pre-tax impairment charges related to its doors business in the second half of the year.
3. 2026 Outlook
Management expects first-quarter revenue of $2.1–2.2 billion with adjusted EBITDA margins in the mid-teens as higher-cost inventory impacts results. Full-year 2026 performance is forecasted to align with current consensus estimates.