(OC) Owens Corning - Ratings and Ratios

Owens Corning Inc, a multinational building materials manufacturer, operates across the globe, with a significant presence in the United States, Europe, the Asia Pacific, and other international markets. The company's business is organized into three primary segments: Roofing, Insulation, and Composites, each catering to distinct customer needs and applications. The Roofing segment is responsible for producing a range of products, including laminate and strip asphalt roofing shingles, oxidized asphalt materials, and various roofing components used in residential, commercial, and specialty construction projects. These products are sold through a network of distributors, home centers, lumberyards, and directly to roofing contractors, as well as manufacturers in the automotive, chemical, and construction industries.

The Insulation segment focuses on the manufacture and sale of thermal and acoustical insulation products, such as batts, loosefill insulation, spray foam insulation, and foam sheathing, under renowned brand names like Owens Corning PINK and FIBERGLAS. Additionally, this segment offers a variety of specialized insulation products, including glass fiber pipe insulation, energy-efficient flexible duct media, and bonded and granulated mineral wool insulation, which are marketed under the FOAMULAR, FOAMGLAS, and Paroc brand names. These products are primarily sold to insulation installers, home centers, lumberyards, retailers, and distributors, who in turn supply them to the construction industry. The Insulation segment plays a critical role in helping builders and homeowners reduce energy consumption and improve the overall comfort and sustainability of buildings.

The Composites segment is engaged in the production and sale of glass reinforcements, including fiber, fabrics, non-wovens, and composite lumber, which are used in a wide range of applications, such as building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment's products are sold directly to parts molders, fabricators, and shingle manufacturers, who value the high-quality and performance characteristics of Owens Corning's composite materials. With a rich history dating back to 1938, Owens Corning is headquartered in Toledo, Ohio, and has established itself as a leading player in the global building materials industry, with a strong commitment to innovation, customer satisfaction, and sustainability.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol OC, Owens Corning's common stock is widely held by investors seeking exposure to the building products sector. The company's ISIN code, US6907421019, facilitates international trading and settlement of its shares. With a classification under the GICS Sub Industry: Building Products, Owens Corning is part of a broader industry group that includes manufacturers of building materials, fixtures, and equipment. For more information about the company, its products, and services, investors and customers can visit the Owens Corning website at https://www.owenscorning.com.