Armstrong World Industries (AWI)

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Armstrong World Industries, Inc. designs and manufactures ceiling, wall, and architectural systems used primarily in commercial buildings. Its products are found in offices, schools, hospitals, retail spaces, transportation facilities, and other environments where acoustics, aesthetics, fire performance, accessibility, and durability are important parts of building design.

The company’s largest business is Mineral Fiber, which produces suspended ceiling systems made from mineral fiber and fiberglass. These products are often used with grid systems to create accessible ceilings that conceal mechanical, electrical, and plumbing infrastructure while supporting sound control and lighting integration. Armstrong also reports results related to WAVE, its joint venture with Worthington, which manufactures suspension systems and grid products used with ceiling panels.

Armstrong’s Architectural Specialties segment provides more customized and design-oriented solutions, including specialty ceilings, walls, metal systems, wood products, felt, resin, glass, and glass-reinforced gypsum applications. This part of the business is more project driven, serving architects, designers, contractors, and building owners seeking distinctive finishes or performance characteristics beyond standard ceiling tiles.

The company’s portfolio spans both functional building products and architectural design elements. It competes by offering a wide range of materials, acoustic options, installation systems, and specification support for construction and renovation projects. Its products are often selected during the design phase and installed by commercial contractors through building materials distribution channels.

Armstrong World Industries operates mainly in the United States and Canada. Its demand is linked to commercial construction, remodeling activity, institutional spending, and the ongoing need to modernize interior spaces for comfort, flexibility, and building performance.

155.15 USD
61.66 USD
+2.40 (+1.57%)
After-hours

Last updated

Market Cap
6.52B
P/E
21.28
P/FCF
27.32
P/S
3.96
Enterprise Value
6.96B
Sector
Materials
Industry
Plastics Products, Not Elsewhere Classified
Address
2500 COLUMBIA AVE, LANCASTER, PA, 17603
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Market Cap
6.52B
Enterprise Value
6.96B
P/E
21.28
P/B
7.3
P/S
3.96
EV / EBITDA
14.95
EV / Sales
4.22
EPS
7.18
Dividend Yield
0.87%
P/FCF
27.32
P/CF
18.81
Free Cash Flow
238.6M
ROE
34.32%
ROA
15.43%
Debt / Equity
0.58
Current Ratio
1.54
Quick Ratio
1.04
Cash
0.3
Avg Volume
460.89K
Fundamentals Snapshot Price
152.75

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 409.9M 388.3M 425.2M 424.6M 382.7M
Gross profit 155.3M 154.5M 178.5M 175.8M 149.9M
Operating income 66.9M 66.2M 88.3M 123.2M 71.9M
EBITDA 96.6M 96.7M 118.4M 153.7M 101.2M
Net income 66.8M 65.5M 86.3M 87.8M 69.1M
Basic EPS 1.56 1.53 2 2.02 1.59
Diluted EPS 1.55 1.52 1.98 2.01 1.58

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 1.99B 1.92B 1.89B 1.86B 1.85B
Total liabilities 1.09B 1.02B 1B 1.02B 1.06B
Total equity 892.9M 900.7M 889.2M 837.8M 793.4M
Cash & equivalents 79.8M 112.7M 90.1M 81.1M 82.8M
Current assets 402.4M 391.5M 395.7M 375.6M 371.5M
Current liabilities 262.1M 267.4M 261.1M 232.9M 231.6M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 32.1M 110M 122.9M 81.6M 41M
Investing cash flow -51.4M -20.4M 3.6M 7.2M 6M
Financing cash flow -13.2M -67.3M -117.3M -91.1M -43.6M
Change in cash -32.9M 22.6M 9M -1.7M 3.5M
Kind Filing Date Link
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edgar index SCHEDULE 13G/A — ARMSTRONG WORLD INDUSTRIES INC View Filing
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edgar index 4 — ARMSTRONG WORLD INDUSTRIES INC View Filing
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edgar index 4 — ARMSTRONG WORLD INDUSTRIES INC View Filing
edgar index 8-K — ARMSTRONG WORLD INDUSTRIES INC View Filing
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form 4 Form 4 — Calzaretta Christopher P. View Filing
form 4 Form 4 — Calzaretta Christopher P. View Filing
form 4 Form 4 — Calzaretta Christopher P. View Filing
form 4 Form 4 — Hershey Mark A View Filing
form 4 Form 4 — Hershey Mark A View Filing
form 4 Form 4 — Hershey Mark A View Filing