Owens Corning
For the period ended Mar 31, 2026. Filed May 6, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
15. Income Taxes
| 15. | INCOME TAXES |
The following table provides the Income tax expense and effective tax rate for the periods indicated:
| Three Months Ended March 31, | ||
|---|---|---|
| (In millions, except effective tax rate) | 2026 | 2025 |
| Income tax expense | $15 | $88 |
| Effective tax rate | 28% | 26% |
The difference between the effective tax rate and the U.S. federal statutory tax rate of 21% for the three months ended March 31, 2026 is primarily due to U.S. state and local income tax expense, foreign tax effects, and changes in unrecognized tax benefits.
The difference between the effective tax rate and the U.S. federal statutory tax rate of 21% for the three months ended March 31, 2025 is primarily due to U.S. state and local income tax expense and foreign rate differential.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.