Armstrong World Industries, Inc. (AWI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 402.4M | 391.5M | 395.7M | 375.6M | 371.5M | 348.9M | 357.7M | 351.2M | 330.7M | 313M | 350.1M | 362M | 362M | 356.5M | 351.8M | 344.4M | 318.1M | 321.9M | 310.3M | 317.5M |
| Cash & Short-Term Investments | 79.8M | 112.7M | 90.1M | 81.1M | 82.8M | 79.3M | 73.7M | 73.6M | 69.6M | 70.8M | 96.6M | 101.6M | 96M | 106M | 86.8M | 79.3M | 76.1M | 98.1M | 94.3M | 119M |
| Cash Only | 79.8M | 112.7M | 90.1M | 81.1M | 82.8M | 79.3M | 73.7M | 73.6M | 69.6M | 70.8M | 96.6M | 101.6M | 96M | 106M | 86.8M | 79.3M | 76.1M | 98.1M | 94.3M | 119M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 165.6M | 130.3M | 161.8M | 159M | 151.9M | 138.3M | 134.4M | 140M | 125.8M | 111.8M | 118.7M | 120.6M | 122.2M | 114.2M | 126.3M | 133.8M | 114.5M | 110.5M | 105.6M | 95M |
| Days Sales Outstanding | 32.48 | 34.6 | 34.71 | 33.32 | 34.12 | 34.12 | 32.65 | 33.12 | 33.13 | 33.95 | 31.7 | 33.95 | 34.29 | 36.33 | 36.81 | 35.2 | 35.83 | 35.19 | 31.58 | 30.57 |
| Inventory | 129.5M | 124.6M | 123.5M | 116.4M | 117.1M | 109.8M | 116M | 113.8M | 106.4M | 104M | 107.2M | 109.1M | 113.4M | 110M | 115.1M | 108.8M | 103.9M | 90.2M | 89.6M | 83.1M |
| Days Inventory Outstanding | 44.91 | 48.81 | 44.73 | 42.7 | 43.86 | 46.41 | 47.51 | 46.43 | 47.39 | 50.39 | 48.32 | 50.27 | 50.75 | 53.65 | 49.64 | 47.65 | 48.42 | 45.95 | 43.77 | 42.88 |
| Other Current Assets | 4.1M | 1.4M | 20.3M | 1.4M | 1.4M | 1.7M | 15.7M | 8.6M | 11.6M | 10.5M | 12.5M | 13.8M | 12.2M | 9.7M | 6.7M | 6.5M | 5.5M | 5.9M | 5.9M | 6.8M |
| Total Non-Current Assets | 1.58B | 1.53B | 1.5B | 1.49B | 1.48B | 1.49B | 1.45B | 1.47B | 1.36B | 1.36B | 1.36B | 1.35B | 1.33B | 1.33B | 1.39B | 1.39B | 1.39B | 1.39B | 1.39B | 1.4B |
| Property, Plant & Equipment | 710.9M | 630.7M | 682.2M | 669.7M | 667.1M | 670M | 639.7M | 662.7M | 614.4M | 618.2M | 559.1M | 605.5M | 592.4M | 589.2M | 576.8M | 577.1M | 578.6M | 582.2M | 565.4M | 567.4M |
| Fixed Asset Turnover | 0.61x | 0.59x | 0.63x | 0.64x | 0.57x | 0.56x | 0.59x | 0.57x | 0.53x | 0.53x | 0.60x | 0.54x | 0.53x | 0.52x | 0.56x | 0.56x | 0.49x | 0.49x | 0.52x | 0.50x |
| Goodwill | 256.7M | 217.8M | 214.4M | 208.5M | 210M | 203.2M | 194.7M | 193.8M | 175.3M | 175.5M | 174.8M | 167.4M | 167.3M | 167.3M | 166.6M | 166.9M | 167.1M | 167M | 166.6M | 166.8M |
| Intangible Assets | 437.7M | 425.2M | 429.6M | 435.3M | 440.3M | 455M | 438.9M | 443.4M | 408.6M | 412.4M | 413.8M | 412.3M | 404.6M | 407.7M | 409M | 412.7M | 416.9M | 421.4M | 427M | 434.2M |
| Long-Term Investments | 40M | 41.1M | 31.3M | 45.3M | 28.9M | 38.2M | 43.5M | 42M | 37M | 27.5M | 32M | 33.8M | 26.5M | 31.6M | 58.1M | 63.7M | 57.5M | 50.4M | 54M | 50M |
| Other Non-Current Assets | 138.2M | 218.4M | 140.2M | 127.6M | 136.6M | 127.4M | 129.5M | 127.1M | 125.5M | -41.1M | 14M | 131.3M | 135.1M | 134.9M | 2.1M | -2.3M | -1.9M | 167.1M | 181.6M | 180.8M |
| Total Assets | 1.99B | 1.92B | 1.89B | 1.86B | 1.85B | 1.84B | 1.8B | 1.82B | 1.69B | 1.67B | 1.71B | 1.71B | 1.69B | 1.69B | 1.74B | 1.73B | 1.71B | 1.71B | 1.7B | 1.72B |
| Asset Turnover | 0.21x | 0.20x | 0.23x | 0.23x | 0.21x | 0.20x | 0.21x | 0.21x | 0.19x | 0.18x | 0.20x | 0.19x | 0.18x | 0.18x | 0.19x | 0.19x | 0.17x | 0.17x | 0.17x | 0.16x |
| Asset Growth % | 7.09% | 4.45% | 4.96% | 2.3% | 9.63% | 10.18% | 5.26% | 6.3% | 0.21% | -0.88% | -1.47% | -1.25% | -1.18% | -1.33% | 2.02% | 1.01% | -0.42% | -0.49% | 4.36% | 11.16% |
| Total Current Liabilities | 262.1M | 267.4M | 261.1M | 232.9M | 231.6M | 249.7M | 218.4M | 200M | 184.4M | 194.5M | 185.8M | 176.8M | 166.3M | 182.7M | 212.4M | 207.2M | 192.8M | 209.6M | 194.3M | 177.6M |
| Accounts Payable | 118.8M | 123.6M | 107M | 97.2M | 93.9M | 132.4M | 113.2M | 106.4M | 87.2M | 91M | 95.3M | 96.7M | 96.9M | 105M | 106.6M | 107.7M | 96.1M | 105.8M | 94.3M | 87.9M |
| Days Payables Outstanding | 42.84 | 45.37 | 38.08 | 34.95 | 43.74 | 50.48 | 45.4 | 40.82 | 40.14 | 44.45 | 42.89 | 43.74 | 45.86 | 50.43 | 47.51 | 45.66 | 50.36 | 51.14 | 46.18 | 43.81 |
| Short-Term Debt | 10.3M | 27.1M | 38.5M | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M | 16.9M | 11.3M | 13.5M | 8.1M | 25M | 33.5M | 33.4M | 32.8M | 32.2M | 32.4M |
| Deferred Revenue (Current) | 40.4M | 0 | 0 | 28.7M | 0 | 0 | 7M | 0 | 0 | 2.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 25.6M | 113.5M | 111.7M | 31.7M | 62.1M | 49.6M | 22.8M | 29.2M | 17M | 25M | 24.3M | 27.3M | 18.6M | 37.6M | 41.1M | 26.6M | 16.6M | 28.9M | 26.5M | 23M |
| Current Ratio | 1.54x | 1.46x | 1.52x | 1.61x | 1.60x | 1.40x | 1.64x | 1.76x | 1.79x | 1.61x | 1.88x | 2.05x | 2.18x | 1.95x | 1.66x | 1.66x | 1.65x | 1.54x | 1.60x | 1.79x |
| Quick Ratio | 1.04x | 1.00x | 1.04x | 1.11x | 1.10x | 0.96x | 1.11x | 1.19x | 1.22x | 1.07x | 1.31x | 1.43x | 1.49x | 1.35x | 1.11x | 1.14x | 1.11x | 1.11x | 1.14x | 1.32x |
| Cash Conversion Cycle | 34.55 | 38.05 | 41.36 | 41.07 | 34.24 | 30.05 | 34.76 | 38.73 | 40.38 | 39.89 | 37.12 | 40.48 | 39.18 | 39.55 | 38.94 | 37.19 | 33.88 | 30 | 29.17 | 29.63 |
| Total Non-Current Liabilities | 830.9M | 756.6M | 743.1M | 791.3M | 829.4M | 835.9M | 868.6M | 951.2M | 880.3M | 886.1M | 942.5M | 968.8M | 976.8M | 969.5M | 1.01B | 999M | 977.7M | 980.7M | 988.4M | 1.04B |
| Long-Term Debt | 469M | 70.4M | 71.4M | 461.8M | 497.2M | 502.6M | 533.1M | 621.5M | 558.9M | 564.3M | 604.8M | 640.2M | 660.6M | 651.1M | 658.3M | 644.3M | 615.3M | 606.4M | 602.4M | 653.4M |
| Capital Lease Obligations | 71.7M | 0 | 0 | 62.6M | 62.6M | 62.9M | 54.3M | 55.6M | 46.9M | 43.8M | 45.5M | 38.2M | 25.1M | 27.8M | 28.3M | 30.2M | 31.9M | 32.4M | 31.7M | 33.1M |
| Deferred Tax Liabilities | 195.1M | 192.8M | 187.2M | 163.5M | 165.1M | 167.1M | 165.7M | 164.9M | 165.9M | 166.9M | 170M | 167.6M | 168.4M | 169.3M | 175M | 171.5M | 171.8M | 166.9M | 167.4M | 165.6M |
| Other Non-Current Liabilities | 95.1M | 493.4M | 484.5M | 103.4M | 104.5M | 103.3M | 115.5M | 109.2M | 108.6M | 111.1M | 122.2M | 122.8M | 122.7M | 121.3M | 144.2M | 153M | 158.7M | 175M | 186.9M | 188.7M |
| Total Liabilities | 1.09B | 1.02B | 1B | 1.02B | 1.06B | 1.09B | 1.09B | 1.15B | 1.06B | 1.08B | 1.13B | 1.15B | 1.14B | 1.15B | 1.22B | 1.21B | 1.17B | 1.19B | 1.18B | 1.22B |
| Total Debt | 569M | 97.5M | 109.9M | 561.7M | 595M | 599.9M | 621.2M | 710.6M | 638.2M | 640.4M | 677.4M | 699.4M | 699.2M | 687M | 719.9M | 716.5M | 689M | 671.6M | 666.3M | 718.9M |
| Net Debt | 489.2M | -15.2M | 19.8M | 480.6M | 512.2M | 520.6M | 547.5M | 637M | 568.6M | 569.6M | 580.8M | 597.8M | 603.2M | 581M | 633.1M | 637.2M | 612.9M | 573.5M | 572M | 599.9M |
| Debt / Equity | 0.64x | 0.11x | 0.12x | 0.67x | 0.75x | 0.79x | 0.87x | 1.06x | 1.02x | 1.08x | 1.16x | 1.23x | 1.28x | 1.28x | 1.38x | 1.36x | 1.28x | 1.29x | 1.28x | 1.44x |
| Debt / EBITDA | 6.04x | 0.41x | 0.75x | 4.61x | 5.88x | 6.99x | 5.52x | 7.49x | 7.70x | 9.20x | 6.81x | 8.30x | 9.95x | 9.46x | 9.04x | 9.27x | 10.39x | 10.53x | 9.33x | 10.18x |
| Net Debt / EBITDA | 5.19x | -0.06x | 0.13x | 3.94x | 5.06x | 6.07x | 4.86x | 6.71x | 6.86x | 8.18x | 5.84x | 7.09x | 8.58x | 8.00x | 7.95x | 8.24x | 9.24x | 8.99x | 8.01x | 8.50x |
| Interest Coverage | 12.90x | 11.47x | 14.35x | 14.41x | 11.19x | 8.60x | 9.72x | 8.08x | 8.23x | 6.28x | 8.74x | 7.61x | 6.76x | 7.88x | 10.67x | 10.33x | 9.25x | 10.33x | 12.05x | 10.53x |
| Total Equity | 892.9M | 900.7M | 889.2M | 837.8M | 793.4M | 757.1M | 717M | 669M | 626.8M | 591.8M | 585.5M | 566.7M | 544.8M | 535M | 521.2M | 527.8M | 537.6M | 519.7M | 522.2M | 498.3M |
| Equity Growth % | 12.54% | 18.97% | 24.02% | 25.23% | 26.58% | 27.93% | 22.46% | 18.05% | 15.05% | 10.62% | 12.34% | 7.37% | 1.34% | 2.94% | -0.19% | 5.92% | 13.51% | 15.26% | 17.98% | 23.68% |
| Book Value per Share | 20.67 | 20.66 | 20.39 | 19.17 | 18.11 | 17.21 | 16.33 | 15.20 | 14.21 | 13.39 | 13.13 | 12.59 | 11.97 | 11.73 | 11.31 | 11.30 | 11.39 | 10.90 | 10.92 | 10.36 |
| Total Shareholders' Equity | 892.9M | 900.7M | 889.2M | 837.8M | 793.4M | 757.1M | 717M | 669M | 626.8M | 591.8M | 585.5M | 566.7M | 544.8M | 535M | 521.2M | 527.8M | 537.6M | 519.7M | 522.2M | 498.3M |
| Common Stock | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K |
| Retained Earnings | 1.87B | 1.81B | 1.76B | 1.69B | 1.62B | 1.56B | 1.51B | 1.45B | 1.39B | 1.35B | 1.31B | 1.25B | 1.21B | 1.17B | 1.13B | 1.09B | 1.04B | 1.01B | 980.6M | 939.8M |
| Treasury Stock | -1.49B | -1.43B | -1.38B | -1.35B | -1.32B | -1.3B | -1.28B | -1.27B | -1.26B | -1.24B | -1.21B | -1.17B | -1.14B | -1.11B | -1.09B | -1.03B | -974M | -944M | -913.9M | -893.9M |
| Accumulated OCI | -102.1M | -103.1M | -109.2M | -108.9M | -110.8M | -110.2M | -112.9M | -106.5M | -105.6M | -104.7M | -104.4M | -101.8M | -102.2M | -100.1M | -92.5M | -95.5M | -97.7M | -109.6M | -102.8M | -102.9M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |