| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 75 | — | 17.3x | Top tier | |
Growth | 12 | -7.2% | 7.1% | Bottom tier | |
Quality | 24 | -1.6% | 4.5% | Bottom tier | |
Safety | 40 | 7.2x | 2.6x | Around median | |
Capital Return | 97 | 2.68% | 0.06% | Top tier | |
Momentum | 46 | -4.4% | -1.6% | Around median | |
Sentiment | 42 | 10 | 3 | Around median |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Owens Corning is a building materials company that has reshaped its portfolio around three integrated businesses: Roofing, Insulation, and Doors, with a strong focus on residential building markets in North America and Europe. Roofing generates revenue from asphalt shingles and roofing system components, with more than 80% of its demand coming from repair and replacement, while premium Duration products account for the majority of shingles sold by the company. Insulation covers residential and non-residential insulation in North America and European markets, while Doors provides door components, slabs, and finished systems through a vertically integrated model.
In the second quarter of fiscal year 2026, Owens Corning reported revenue of $2.8 billion, gross profit of $793 million, net income of $226 million, and EDGAR earnings per share of $2.80. Adjusted earnings per share were $3.93, while adjusted EBITDA reached $660 million at a 24% margin, despite recognizing $30 million of net inflation related to the conflict in Iran, partially offset by a $25 million tariff refund. Free cash flow improved to $199 million from $129 million in the comparable period, and the company returned $264 million to shareholders during the quarter through share repurchases and dividends.
Roofing was the largest contributor to the second-quarter fiscal year 2026 mix, with sales of approximately $1.3 billion, EBITDA of $441 million, and a 34% margin. Insulation generated sales of $971 million, up 4%, with EBITDA of $213 million and a 22% margin, supported by Europe and non-residential applications. Doors recorded sales of $513 million, down 7% due to strategic exits, with EBITDA of $57 million and an 11% margin. These segment sales totaled approximately $2.8 billion before accounting rounding, illustrating the significant weight of Roofing alongside a growing contribution from Insulation.
The average analyst target is $178.14, with a relatively wide range of $159 to $198 and a Hold consensus, while the average target exceeds the upper end of the 52-week range of $159.91 by approximately 11%. No positive price-to-earnings multiple is available because of the trailing-twelve-month net loss of $534 million and negative earnings per share of $6.58, so the valuation estimate depends more heavily on earnings recovery, the sustainability of Roofing and Insulation margins, and the ability of price increases to offset inflation related to Iran and transportation.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Roofing was the largest driver, with sales of approximately $1.3 billion, EBITDA of $441 million, and a 34% margin in the second quarter of fiscal year 2026. Insulation recorded sales of $971 million and EBITDA of $213 million, benefiting from higher volumes in Europe and non-residential markets. Doors added sales of $513 million and EBITDA of $57 million, while a $25 million tariff refund partially helped offset $30 million in net inflation related to the conflict in Iran. At the company level, adjusted earnings per share were $3.93 and the adjusted EBITDA margin was 24%.
Management expects Roofing revenue to decline by a mid-to-high-single-digit percentage in the third quarter of fiscal year 2026, with ARMA shipments down by a high-single-digit percentage. Distributors purchased additional inventory in the second quarter of fiscal year 2026 ahead of announced price increases, pulling some demand forward and leaving inventory above normal levels in certain regions. The company expects the segment's EBITDA margin to fall to approximately 30% from 34%, with most of the sequential decline of approximately 400 basis points attributable to volume and operating leverage. Net price-cost will also remain negative due to inflation in asphalt, inputs, and transportation.
Automated analysis for informational purposes only — not investment advice.
Insulation generated sales of $971 million in the second quarter of fiscal year 2026, up 4%, with an EBITDA margin of 22%. Management expects low-double-digit growth in North American non-residential revenue during the third quarter of fiscal year 2026, alongside growth in Europe and mid-single-digit growth for the segment as a whole. FOAMGLAS, mineral wool, and fiberglass pipe insulation products serve data centers, but this market represents 5% or less of the company's total revenue. The new Kansas City line is scheduled to start in fiscal year 2027 with a focus on commercial and industrial insulation applications, while the company is restarting the Nephi plant in the fourth quarter of fiscal year 2026.
Owens Corning acquired Doors in May 2024 and committed to achieving $125 million in annualized cost synergies by the end of the second year. By the August 5, 2026 call, it had achieved $135 million, exceeding the target by $10 million, and identified an additional $75 million in structural improvements. Nevertheless, Doors sales declined 7% to $513 million in the second quarter of fiscal year 2026 due to strategic exits, and the EBITDA margin was approximately 11%. For the third quarter of fiscal year 2026, management expects a mid-single-digit revenue decline and a margin of approximately 10% amid material and transportation inflation.
Owens Corning recorded $30 million in net inflation related to the conflict in Iran in the second quarter of fiscal year 2026 and, in contrast, received a $25 million tariff refund, approximately half of which was in Doors. Management expects an additional net impact of approximately $40 million in the third quarter of fiscal year 2026 as inflation flows through inventory. Increases affected asphalt, diesel, transportation, and polystyrene, with Roofing the most affected business, while Doors remains the most exposed to tariffs. More than $20 million in potential tariff refunds is available during the remainder of fiscal year 2026, but it is not included in third-quarter guidance and there is no confirmation of when it will be realized.
The company returned $264 million to shareholders in the second quarter of fiscal year 2026, including $200 million in share repurchases and $64 million in cash dividends. Total returns during the first half of fiscal year 2026 were approximately $327 million, with a stated commitment to return $1 billion during the full year after $1 billion in fiscal year 2025. Free cash flow was $199 million in the quarter, compared with $129 million in the comparable period, and liquidity totaled $1.8 billion. At the same time, the company plans capital expenditures of approximately $800 million during fiscal year 2026, with more than half allocated to productivity and growth initiatives.