OCOwens Corning

$145.74

Is it safe?

Can OC take a bad year?

Owens Corning carries $4.83B of net debt at 9.59× EBITDA: a heavy load to carry through a bad year.

$4.83B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
9.59×

Net debt / EBITDA · 2.66× a year ago · the load is going up

Altman Z-score
2.14

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
0.19×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ1 2026
$5.11B
Cash and short-term investments
$272M
Net debt
$4.83B
EBITDA, trailing twelve months
$504M
Operating profit, trailing twelve months
$73M
Debt / equity
1.40×
Total debt / EBITDA
10.1×
Annualised volatilitytwo years of daily moves
37%
Worst drawdown on file
−67%
Below its 52-week high
−8.3%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.