Exhibit 99.1

USG Corporation Reports Fourth Quarter and Full Year 2016 Results and Announces $250 Million Share Repurchase Program

Business Highlights

Full Year 2016 vs. Full Year 2015

  • Net sales increase to $3.0 billion from $2.9 billion
  • Operating profit increases to $394 million from $355 million; adjusted operating profit increases to $470 million from $388 million
  • Net income decreases to $510 million from $991 million; adjusted net income increases to $251 million from $244 million
  • US Gypsum operating margins increase to 17.6% from 16.1%; US Ceilings operating margins increase to 21.6% from 17.2%

Fourth Quarter 2016 vs. Fourth Quarter 2015

  • Net sales increase to $734 million from $718 million
  • Operating profit decreases to $59 million from $94 million; adjusted operating profit increases to $96 million from $93 million
  • Net income decreases to $307 million from $812 million; adjusted net income decreases to $65 million from $69 million

CHICAGO--(BUSINESS WIRE)--February 1, 2017--USG Corporation (NYSE:USG), an industry leading manufacturer of building products and innovative solutions, today reported results for the fourth quarter and full year of 2016. The company also announced a $250 million share repurchase program.

“We are in a stronger financial position than we have been in for many years,” said Jennifer F. Scanlon, President and CEO. “In 2016 we expanded adjusted operating margins in our Gypsum, Ceilings, and USG Boral businesses. We finished the year on a high note by paying off $900 million of debt and today we announced a $250 million share repurchase program to return capital to our shareholders.”


The following information was filed by Usg Corp (USG) on Wednesday, February 1, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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