Owens Corning Misses Q4 Estimates As Demand Weakens Across Segments

Core Insights - Owens Corning reported fourth-quarter results that fell short of analyst expectations, with adjusted earnings per share of $1.10, below the consensus estimate of $1.36 [1] - Revenue declined 17% year over year to $2.14 billion, missing the $2.17 billion estimate, driven by weaker demand across all segments [2] Financial Performance - Roofing sales dropped 27%, Insulation fell 7%, and Doors decreased 14% compared to the prior-year quarter [2] - For full-year 2025, adjusted earnings per share were reported at $12.05, down from $14.85 in 2024, with revenue of $10.1 billion, reflecting a 3% year-over-year increase [2] - The company recorded $1.2 billion in non-cash, pre-tax impairment charges related to its Doors business during the second half of the year [3] Future Outlook - For the first quarter of 2026, Owens Corning expects revenue of approximately $2.1 billion to $2.2 billion, with a midpoint of $2.15 billion, slightly below the fourth-quarter level [4] - Adjusted EBITDA margin is anticipated to be in the mid-teens due to higher-cost inventory impacting results [4] - Management expects full-year 2026 performance to be largely in line with current consensus estimates [4]