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Armstrong World Industries, Inc.(AWI)Earnings, Financials & Key Ratios
AWI•NYSE
$155.36
21.9× P/E·Price updated Jul 7, 2026
AboutArmstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments. The company produces suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall systems; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and acoustical controls, facades, and partitions. It sells its commercial ceiling and architectural specialties products to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, such as large home centers. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.Show more
- Revenue$1.62B+12.1%
- EBITDA$433M+15.1%
- Net Income$309M+16.5%
- EPS (Diluted)7.08+17.6%
- Gross Margin40.64%+1.0%
- EBITDA Margin26.73%+2.7%
- Operating Margin26.59%+40.7%
- Net Margin19.05%+3.9%
- ROE37.24%-5.2%
AWI Price & Volume
Armstrong World Industries, Inc. (AWI) stock price & volume — 10-year historical chart
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Resilient Margins Offset Commercial Real Estate Headwinds
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Commercial real estate exposure
Key Thesis Takeaways
- Armstrong World Industries demonstrates robust pricing power through its Architectural Specialties segment, maintaining gross margins near 40% despite moderating revenue growth that slowed to 7.1% in 2026Q1.
- While the company has successfully expanded its equity base to $892.9 million, investors should monitor the sustainability of its aggressive capital allocation, as share buybacks of $60.6 million in 2026Q1 significantly outpaced free cash flow of $14.4 million.
- The firm's reliance on inorganic growth, evidenced by goodwill rising to $256.7 million, warrants caution regarding potential valuation risks in a volatile commercial construction cycle.
Verdict Logic
while the company maintains strong profitability with a 23.0% operating margin, the current P/E of 22.90 and aggressive buybacks exceeding free cash flow by $46.2 million in 2026Q1 suggest limited near-term upside.
AWI Growth Metrics
Armstrong World Industries, Inc. (AWI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.82%
5 Years11.59%
3 Years9.54%
TTM9.71%
Profit CAGR
10 Years19.38%
5 Years-
3 Years15.64%
TTM11.78%
EPS CAGR
10 Years15.47%
5 Years-
3 Years18.08%
TTM12.8%
Return on Capital
10 Years14.64%
5 Years17.04%
3 Years20.01%
Last Year26.51%
AWI Recent Earnings
Armstrong World Industries, Inc. (AWI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$1.69-7.1%
$1.82
Rev
$410M+0.1%
$409M
Q1 2026
Feb 24, 2026Metric
Actual
Est
EPS
$1.61-3.6%
$1.67
Rev
$388M-3.1%
$401M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$2.05+3.0%
$1.99
Rev
$425M+6.1%
$401M
Q3 2025
Jul 29, 2025Metric
Actual
Est
EPS
$2.09+19.4%
$1.75
Rev
$425M+0.7%
$422M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $1.69vs $1.82-7.1% | $410Mvs $409M+0.1% |
| Q1 2026 | Feb 24, 2026 | $1.61vs $1.67-3.6% | $388Mvs $401M-3.1% |
| Q4 2025 | Oct 28, 2025 | $2.05vs $1.99+3.0% | $425Mvs $401M+6.1% |
| Q3 2025 | Jul 29, 2025 | $2.09vs $1.75+19.4% | $425Mvs $422M+0.7% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Armstrong World Industries, Inc. (AWI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $155.36 | $6.63B | 21.94 | 12.11% | 19.05% | 37.24% | 0.81% | |
| $47.11 | $4.89B | 26.47 | 1.98% | 16.25% | 18.85% | — | |
| $142.22 | $11.45B | -22.72 | -7.95% | -5.42% | -12.38% | — | |
| $112.88 | $6.91B | 19.04 | -0.48% | 3.77% | 4.96% | — | |
| $33.64 | $1.95B | 17.16 | 5.41% | 8.92% | 16.69% | — | |
| $48.09 | $700.65M | 7.40 | -7.47% | 1.15% | 1.91% | — |
Compare AWI vs Peers
Armstrong World Industries, Inc. (AWI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AWI SEC Filings & Documents
Armstrong World Industries, Inc. (AWI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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AWI Frequently Asked Questions
Armstrong World Industries, Inc. (AWI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Armstrong World Industries, Inc.'s revenue?
Armstrong World Industries, Inc. (AWI) reported $1.65B in revenue for fiscal year 2025. This represents a 18% decrease from $2.01B in 1996.
How fast is Armstrong World Industries, Inc. growing?
Armstrong World Industries, Inc. (AWI) grew revenue by 12.1% over the past year. This is steady growth.
Is AWI profitable?
Yes, Armstrong World Industries, Inc. (AWI) is profitable, generating $306.4M in net income for fiscal year 2025 (19.0% net margin).
Dividend & Returns
Does AWI pay dividends?
Yes, Armstrong World Industries, Inc. (AWI) pays a dividend with a yield of 0.81%. This makes it attractive for income-focused investors.
What is AWI's return on equity?
Armstrong World Industries, Inc. (AWI) has a return on equity (ROE) of 37.2%. This is excellent, indicating efficient use of shareholder capital.
What is Armstrong World Industries, Inc.'s free cash flow?
Armstrong World Industries, Inc. (AWI) generated $247.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.