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Reported Earlier, Owens Corning Sets 2028 Financial Targets With Mid-20% EBITDA Margin, $12.5B Revenue, $5.5B Free Cash Flow; And $2B In Shareholder Returns By 2026

Benzinga·05/15/2025 08:22:35
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  •  Raising margin guide and growing revenue: Increasing long-term enterprise adjusted EBITDA margin guide to mid-20% on average, with $12.5 billion in sales by 2028
  • Delivering strong cash generation: Targeting more than $5 billion in free cash flow generation from 2025 to 2028, with mid-teens return on capital by 2028
  • Committing significant capital to shareholder returns: Returning $2 billion of cash to shareholders by end of 2026, through quarterly dividends and share repurchases
  • Driving long-term value creation through The OC Advantage™: Leveraging unique capabilities across three market-leading businesses, and secular trends, generating growth