Owens Corning Reports 10% Revenue Growth and 27% Increase in Net Earnings in Q2 2025

Owens Corning reported significant financial performance in its second quarter of 2025, with net sales reaching $2.747 billion, a 10% increase from $2.497 billion in the same period of 2024. The company's net earnings attributable to Owens Corning were $363 million, compared to $285 million in the prior year, reflecting a 27% increase. The earnings from continuing operations before interest and taxes also rose to $505 million, up from $419 million in the previous year. The gross margin for the quarter was $858 million, representing 31% of net sales, slightly down from 33% in the same quarter last year.

The company experienced notable changes in its operational structure, particularly with the acquisition of Masonite International Corporation, completed on May 15, 2024. This acquisition has been integrated into Owens Corning's newly established Doors segment, which contributed $1.094 billion in revenue for the first half of 2025. The addition of Masonite's operations has provided a new growth platform, although it also contributed to increased marketing and administrative expenses, which rose to $263 million in the second quarter from $229 million a year earlier.

In terms of operational metrics, Owens Corning's Roofing segment reported net sales of $1.303 billion, a 4% increase year-over-year, while the Insulation segment saw a decline in sales to $934 million, down 4% from the previous year. The Doors segment, newly formed from the Masonite acquisition, generated $554 million in sales for the quarter. The company’s total assets increased to $14.483 billion as of June 30, 2025, compared to $14.075 billion at the end of 2024, driven by the acquisition and growth in other segments.

The company has also made strategic decisions regarding its discontinued operations, specifically the sale of its glass reinforcements business, which is expected to close in 2025. This divestiture is part of a broader strategy to focus on building products in North America and Europe. The financial results of the glass reinforcements business are now classified as discontinued operations, with a reported loss of $381 million for the first half of 2025.

Looking ahead, Owens Corning anticipates challenges in the residential construction market due to macroeconomic factors, including rising interest rates and inflation. The company plans to manage costs and capital expenditures carefully while focusing on productivity improvements across its segments. The outlook remains cautious, particularly for the Roofing and Insulation segments, as demand may fluctuate based on external economic conditions.