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Owens Corning OC Doors — Goodwill impairment

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Other financials

Income statement

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Revenue$2.8B+0.3%
Gross profit$793.0M-7.6%
Operating income$482.0M-4.6%
Net income$226.0M-37.7%
EPS (diluted)$2.80-34.1%

Balance sheet

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Cash & equivalents$271.0M+17.8%
Total debt$4.8B-19.3%
Total equity$3.8B-26.9%
Total assets$12.7B-12.1%

Cash flow

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Operating cash flow$398.0M+21.7%
CapEx$199.0M+0.5%
Free cash flow-$387.0M-53.6%

Valuation

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Market cap$12.28B-0.6%
Enterprise value$16.8B-7.0%
P/S1.3×+0.1×

Profitability

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Gross margin26%-4.0pp
Operating margin7.6%-9.6pp
Net margin-6.8%
FCF margin8.4%-2.4pp

Returns & leverage

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Return on equity-15%
Debt / equity1.3×+0.1×
Current ratio1.2×-0.4×

Where this comes from

Reported directly by Owens Corning in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Owens Corning’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 6:36 AM EST
Fiscal year
FY2025
Accession
0001370946-26-000067

Based on the results of this testing, the Company recorded a $355 million pre-tax non-cash impairment charge, equal to the excess of the Doors reporting unit's carrying value over its fair value, in the fourth quarter of 2025. This charge was recorded in Goodwill impairment charge on the Consolidated Statements of (Loss) Earnings, and was included in the Corporate, Other and Eliminations reporting category. The reduction in fair value for the Doors reporting unit, and corresponding impairment charge, was primarily driven by a further decrease in near-term revenue, including 2026, as a result of the macroeconomic uncertainty.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Owens Corning's doors — goodwill impairment?
Owens Corning (OC) reported doors — goodwill impairment of -$88.75M in Q4 2025.
What does doors — goodwill impairment mean?
This metric represents the net change in the goodwill balance for the Doors segment due to impairment testing results. It reflects the adjustment required to align the segment's balance sheet with current market valuations. It is a key metric for assessing the long-term health and valuation accuracy of the segment's asset base.

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