Armstrong World Industries Inc

Armstrong World Industries Inc

AWI · NYSE · Industrials / Building Products & Equipment

175.74USD+1.09 (+0.62%)

Price History

Full chart

Market Stats

Previous Close174.65
Open176.05
Day Range174.05 – 176.20
52-Week Range150.00 – 204.83
Volume236.40K
Market Cap6.88B
P/E (TTM)22.30
Forward P/E17.09
EPS7.30
Dividend Yield0.84%
Beta1.16
50-Day Avg170.92
200-Day Avg172.91

About

Armstrong World Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass, metal, wood, felt, architectural resin and glass, wood fiber, and glass-reinforced-gypsum; and ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems. It also designs, produces, and sources specialty ceilings, walls, and other interior and exterior architectural applications primarily for use in commercial settings; and manufactures ceiling suspension system (grid) products. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.

Company Details

  • SectorIndustrials
  • IndustryBuilding Products & Equipment
  • CEOMr. Mark A. Hershey J.D.
  • Employees4.00K
  • Headquarters2500 Columbia Avenue, Lancaster, PA, United States, 17603, USA
  • Websitehttps://www.armstrong.com

Leadership

  • Mr. Victor D. GrizzleExecutive Chair · b. 1962
  • Mr. Mark A. Hershey J.D.President, CEO & Director · b. 1970
  • Mr. Christopher P. CalzarettaSenior VP & CFO · b. 1977
  • Ms. Jill A. CragerSenior Vice President of Sales & Digital Marketing · b. 1964
  • Ms. Theresa L. WombleVice President of Investor Relations & Corporate Communications
  • Ms. Jessica M. CicaliSenior VP, General Counsel & Secretary · b. 1981
  • Mr. Michael Carl WintersSenior Vice President of Architectural Specialties & Corporate Development · b. 1973
  • Mr. James T. BurgeVP & Corporate Controller · b. 1976

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.29B1.61B1.79B1.83B1.87B1.83B1.91B1.86B2.01B2.33B2.01B2.20B2.75B3.05B3.25B3.14B3.00B3.26B3.50B3.56B3.43B3.55B3.39B2.78B2.63B2.72B2.62B2.53B2.51B1.23B835.90M893.50M975.30M1.04B936.90M1.11B1.23B1.30B1.45B1.62B
Growth (%)-+24.22%+11.31%+2.35%+1.78%-1.96%+4.56%-2.46%+7.54%+15.92%-13.45%+9.26%+24.90%+11.00%+6.60%-3.41%-4.48%+8.70%+7.31%+1.75%-3.72%+3.61%-4.41%-18.07%-5.47%+3.63%-3.83%-3.49%-0.68%-51.10%-31.90%+6.89%+9.16%+6.44%-9.75%+18.11%+11.43%+5.04%+11.62%+12.11%
Cost of Revenue889.20M1.11B1.25B1.27B1.32B1.32B1.38B1.29B1.33B1.58B1.40B1.46B1.84B2.08B2.38B2.36B2.28B2.60B2.81B2.79B2.68B2.68B2.63B2.13B2.01B2.06B1.96B1.94B1.92B850.30M530.30M574.50M641.90M642.40M603.70M700.70M783.80M798.20M864.10M962.10M
Gross Profit405.80M496.70M537.00M559.40M549.80M512.10M533.60M578.50M680.20M743.90M614.80M737.00M907.60M967.40M864.60M774.00M715.40M661.60M686.30M766.70M746.90M868.00M767.10M649.00M616.40M665.20M660.90M588.90M593.80M377.20M305.60M319.00M333.40M395.70M333.20M405.90M449.30M497.00M581.60M658.70M
Gross Margin31.34%30.88%29.99%30.52%29.48%28.00%27.91%31.02%33.91%32.00%30.55%33.52%33.05%31.74%26.61%24.66%23.86%20.30%19.62%21.55%21.80%24.45%22.61%23.35%23.46%24.43%25.24%23.30%23.65%30.73%36.56%35.70%34.18%38.12%35.56%36.68%36.44%38.37%40.23%40.64%
Operating Expense240.30M288.80M310.60M309.30M287.60M392.00M565.50M480.00M385.60M699.80M401.40M415.00M867.70M898.90M857.90M633.90M3.06B672.00M633.40M654.30M561.00M613.50M567.20M541.90M488.00M453.50M418.30M386.90M398.50M266.80M155.50M138.60M159.00M155.20M163.40M237.70M237.20M262.50M308.50M227.80M
Operating Income165.50M207.90M226.40M250.10M262.20M120.10M-31.90M98.50M294.60M44.10M213.40M322.00M39.90M68.50M6.70M140.10M-2.34B-10.40M52.90M112.40M185.90M254.50M199.90M107.10M128.40M211.70M242.60M202.00M195.30M110.40M150.10M180.40M174.40M240.50M169.80M168.20M212.10M234.50M273.10M430.90M
Operating Margin12.78%12.92%12.64%13.65%14.06%6.57%-1.67%5.28%14.69%1.90%10.60%14.65%1.45%2.25%0.21%4.46%-78.10%-0.32%1.51%3.16%5.43%7.17%5.89%3.85%4.89%7.77%9.26%7.99%7.78%8.99%17.96%20.19%17.88%23.17%18.12%15.20%17.20%18.11%18.89%26.59%
EBITDA165.50M207.90M228.00M255.60M209.20M171.00M236.70M230.70M292.10M286.90M614.80M484.40M443.00M409.80M248.60M168.40M-2.34B181.20M105.20M251.70M2.31B452.00M370.00M239.70M237.60M356.10M386.90M376.40M360.60M203.80M246.60M323.60M345.60M408.50M-13.00M370.60M368.40M434.30M495.60M553.70M
EBITDA Margin12.78%12.92%12.73%13.95%11.22%9.35%12.38%12.37%14.56%12.34%30.55%22.03%16.13%13.44%7.65%5.37%-78.03%5.56%3.01%7.07%67.42%12.73%10.90%8.62%9.04%13.08%14.77%14.89%14.36%16.60%29.50%36.22%35.44%39.35%-1.39%33.49%29.88%33.53%34.28%34.16%
Net Income122.40M150.40M162.70M187.60M141.00M48.20M-227.70M63.50M210.40M123.30M155.90M185.00M-9.30M14.30M12.20M92.80M-2.14B-41.80M-79.70M100.70M1.36B145.30M81.00M77.30M11.00M112.40M131.20M99.80M77.80M52.50M89.10M224.10M198.60M240.00M-84.20M185.00M199.60M223.70M264.90M308.70M
Net Income Margin9.45%9.35%9.09%10.24%7.56%2.64%-11.91%3.40%10.49%5.30%7.75%8.41%-0.34%0.47%0.38%2.96%-71.47%-1.28%-2.28%2.83%39.64%4.09%2.39%2.78%0.42%4.13%5.01%3.95%3.10%4.28%10.66%25.08%20.36%23.12%-8.99%16.72%16.19%17.27%18.32%19.05%
R&D------------------46.60M48.50M48.80M43.80M38.80M38.00M32.90M29.20M30.30M29.30M30.60M19.70M17.80M17.40M16.30M14.80M14.70M14.60M4.20M3.92M--
R&D as % of Total Revenue------------------1.33%1.36%1.42%1.23%1.14%1.37%1.25%1.07%1.16%1.16%1.22%1.60%2.13%1.95%1.67%1.43%1.57%1.32%0.34%0.30%--
Interest Expense0000000000000000010.30M8.40M8.40M18.60M55.00M30.80M17.70M21.20M48.50M53.70M68.70M46.00M44.50M41.20M34.50M37.60M37.00M29.70M31.40M27.10M46.80M45.30M33.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.32%0.24%0.24%0.54%1.55%0.91%0.64%0.81%1.78%2.05%2.72%1.83%3.63%4.93%3.86%3.86%3.56%3.17%2.84%2.20%3.61%3.13%2.04%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.28B1.57B2.06B1.99B2.11B2.11B1.92B1.84B2.23B2.15B2.14B2.38B4.27B4.16B3.87B4.03B4.50B4.65B4.61B4.61B4.17B4.65B3.35B3.30B2.92B2.99B2.85B2.92B2.61B2.69B1.76B1.87B1.87B1.49B1.72B1.71B1.69B1.67B1.84B1.92B
Total Liabilities464.50M661.10M1.04B1.02B1.21B1.22B1.35B1.28B1.49B1.36B1.33B1.55B3.55B3.47B3.20B3.27B5.84B5.98B6.03B5.92B2.00B2.21B1.61B1.39B1.83B1.86B2.14B2.24B1.96B1.92B1.49B1.45B1.61B1.13B1.27B1.19B1.15B1.08B1.09B1.02B
Total Equity813.00M913.80M1.02B976.50M899.20M885.50M569.20M569.50M735.10M775.00M790.00M810.60M709.70M679.20M665.10M760.40M-1.35B-1.34B-1.43B-1.32B2.16B2.44B1.74B1.90B1.09B1.13B719.10M673.20M649.10M768.80M266.40M419.30M261.20M364.90M450.90M519.70M535.00M591.80M757.10M900.70M
Cash--------12.00M256.90M65.40M57.90M38.20M35.60M156.50M277.40M380.00M484.30M515.90M602.20M252.50M514.30M355.00M569.50M315.80M480.60M336.40M135.20M185.30M244.80M141.90M159.60M325.70M45.30M136.90M98.10M106.00M70.80M79.30M112.70M
Total Debt58.80M67.70M185.90M181.30M233.20M301.40M266.60M256.80M274.60M250.40M247.60M321.70M1.75B1.52B81.50M75.30M58.90M61.50M48.50M41.50M816.20M514.40M497.00M472.60M874.90M843.00M1.07B1.07B1.04B1.00B873.60M850.20M819.80M646.10M755.70M671.60M687.00M640.40M599.90M531.80M
Net Debt58.80M67.70M185.90M181.30M233.20M301.40M266.60M256.80M262.60M-6.50M182.20M263.80M1.71B1.48B-75.00M-202.10M-321.10M-422.80M-467.40M-560.70M563.70M100.00K142.00M-96.90M559.10M362.40M734.60M931.30M857.30M758.20M731.70M690.60M494.10M600.80M618.80M573.50M581.00M569.60M520.60M419.10M

Cash Flow

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow122.40M150.40M162.70M187.60M141.00M48.20M-227.70M63.50M300.90M270.00M220.90M246.60M252.20M344.20M41.80M272.10M223.50M165.80M142.80M146.70M70.10M575.20M214.20M260.20M190.40M212.20M220.00M213.70M208.80M203.70M49.30M170.40M203.20M182.70M218.80M187.20M182.40M233.50M266.80M355.50M
Investing Cash Flow-119.10M-156.70M-163.20M-200.90M-160.20M-116.90M-98.60M-87.80M-135.50M97.30M-239.80M-152.80M-1.21B-62.00M179.30M-113.90M-104.10M-57.20M-111.70M-48.50M-15.30M-36.70M-75.70M-41.00M-41.00M-18.40M-91.90M-145.80M-149.30M-101.50M-17.00M-54.20M309.60M-89.10M-141.10M-13.90M28.20M-10.40M-79.30M-3.60M
Financing Cash Flow---------164.50M-122.60M-171.80M-98.60M937.30M-281.90M-78.10M-37.90M-23.80M-14.10M-7.00M-3.90M-8.10M-305.40M-277.00M-26.70M-409.00M-32.40M-273.70M-263.70M3.30M-32.30M-128.90M-102.70M-329.30M-384.90M13.50M-212.10M-201.90M-258.60M-177.60M-319.30M
Capital Expenditure119.10M156.70M163.20M200.90M160.20M116.90M98.60M87.80M148.30M197.00M228.00M18.80M184.30M195.20M162.10M127.80M125.10M78.10M134.00M135.50M40.30M102.60M95.00M105.10M92.70M150.60M198.80M213.70M222.90M170.70M104.20M89.70M71.90M71.30M55.40M79.80M74.80M83.80M82.80M109.40M
Free Cash Flow3.30M-6.30M-500.00K-13.30M-19.20M-68.70M-326.30M-24.30M152.60M73.00M-7.10M227.80M67.90M149.00M-120.30M144.30M98.40M87.70M8.80M11.20M29.80M472.60M119.20M155.10M97.70M61.60M21.20M--14.10M33.00M-54.90M80.70M131.30M111.40M163.40M107.40M107.60M149.70M184.00M246.10M
Dividends Paid--------66.20M70.80M70.10M70.00M75.30M76.90M58.10M-------256.40M1.30M798.60M300.00K507.10M1.40M1.30M1.20M08.60M8.60M35.60M39.20M41.40M44.20M46.90M50.60M55.20M
FCF to OCF2.70%-4.19%-0.31%-7.09%-13.62%-142.53%143.30%-38.27%50.71%27.04%-3.21%92.38%26.92%43.29%-287.80%53.03%44.03%52.90%6.16%7.63%42.51%82.16%55.65%59.61%51.31%29.03%9.64%--6.75%16.20%-111.36%47.36%64.62%60.97%74.68%57.37%58.99%64.11%68.97%69.23%
Dividend Paid to FCF--------43.38%96.99%-987.32%30.73%110.90%51.61%-48.30%-------215.10%0.84%817.40%0.49%2391.98%--9.22%3.64%0.00%10.66%6.55%31.96%23.99%38.55%41.08%31.33%27.50%22.43%

Earnings

Report DateMar 30, 2007May 3, 2007Jul 30, 2007Nov 6, 2007Feb 29, 2008May 2, 2008Jul 30, 2008Oct 30, 2008Feb 26, 2009Apr 30, 2009Jul 30, 2009Oct 27, 2009Mar 1, 2010May 3, 2010Aug 6, 2010Nov 5, 2010Feb 28, 2011May 2, 2011Aug 1, 2011Oct 31, 2011Feb 27, 2012Apr 30, 2012Jul 30, 2012Oct 29, 2012Feb 19, 2013Apr 29, 2013Jul 29, 2013Oct 28, 2013Feb 24, 2014Apr 28, 2014Jul 28, 2014Oct 27, 2014Feb 23, 2015Apr 30, 2015Jul 30, 2015Oct 29, 2015Feb 22, 2016May 9, 2016Jul 29, 2016Oct 31, 2016Feb 27, 2017May 1, 2017Jul 31, 2017Oct 30, 2017Feb 26, 2018Apr 30, 2018Jul 31, 2018Oct 30, 2018Feb 25, 2019Apr 29, 2019Jul 29, 2019Oct 28, 2019Feb 24, 2020Apr 27, 2020Jul 28, 2020Oct 27, 2020Feb 23, 2021Apr 27, 2021Jul 27, 2021Oct 26, 2021Feb 22, 2022Apr 26, 2022Jul 26, 2022Oct 25, 2022Feb 21, 2023Apr 25, 2023Jul 25, 2023Oct 24, 2023Feb 20, 2024Apr 30, 2024Jul 30, 2024Oct 29, 2024Feb 18, 2025Apr 29, 2025Jul 29, 2025Oct 28, 2025Feb 24, 2026Apr 28, 2026Jul 28, 2026Oct 27, 2026
EPS Estimate0.020.410.570.680.390.300.800.740.15-0.030.290.450.270.110.440.630.160.370.700.830.290.550.780.900.320.390.630.870.410.440.660.780.260.390.570.740.330.420.500.740.440.560.670.900.680.811.011.210.830.941.191.300.861.110.910.940.670.901.051.281.051.131.371.471.121.101.311.311.041.231.551.761.381.531.782.031.681.812.332.35
EPS Actual0.060.500.930.830.370.350.930.690.20-0.200.460.750.220.240.560.830.110.510.700.860.160.470.710.970.340.220.620.870.320.420.600.830.380.370.810.800.270.470.560.760.450.550.730.860.500.791.011.110.801.101.271.381.111.100.751.070.770.841.161.171.091.021.291.361.081.121.381.601.221.381.621.811.501.662.092.051.611.692.36-
Surprise200.00%21.95%63.16%22.06%-5.13%16.67%16.25%-6.76%33.33%-562.00%58.62%66.67%-18.52%118.18%27.27%31.75%-31.25%37.84%0.00%3.61%-44.83%-14.55%-8.97%7.78%6.25%-43.59%-1.59%0.00%-21.95%-4.55%-9.09%6.41%46.15%-5.13%42.11%8.11%-18.18%11.90%12.00%2.70%2.27%-1.79%8.96%-4.44%-26.47%-2.47%0.00%-8.26%-3.61%17.02%6.72%6.15%29.07%-0.90%-17.58%13.83%14.93%-6.67%10.48%-8.59%3.81%-9.73%-5.84%-7.48%-3.57%1.82%5.34%22.14%17.31%12.20%4.52%2.84%8.31%8.50%17.42%0.99%-4.17%-6.63%1.29%-
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Key Statistics & Ratios

Market Cap6.88B
Enterprise Value7.43B
Trailing P/E22.30
Forward P/E17.09
PEG Ratio2.02
Price / Sales4.06
Price / Book7.84
EPS7.30
Book Value20.89
Revenue (TTM)1.70B
Gross Profit (TTM)683.40M
EBITDA449.30M
Profit Margin18.60%
Operating Margin21.57%
Return on Equity36.62%
Return on Assets10.62%
Shares Outstanding42.26M
Shares Float41.55M
Beta1.16
Dividend Yield0.84%
Dividend Rate1.36
Payout Ratio17.59%

Analyst Ratings

Buy
Based on 7 analystsTarget 210.18
  • Strong Buy
    2
  • Buy
    1
  • Hold
    4

Ownership Breakdown

Institutions
104.57%
Insiders
1.55%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    5.21M12.32%
  • Vanguard Portfolio Management, LLC
    2.23M5.28%
  • Vanguard Capital Management, LLC
    1.92M4.54%
  • London Company of Virginia
    1.72M4.08%
  • State Street Corp
    1.41M3.35%
  • BMO Capital Markets Corp.
    1.23M2.90%
  • AQR Capital Management LLC
    1.12M2.65%
  • Bank of Montreal
    1.10M2.61%
  • Fuller & Thaler Asset Management Inc
    1.04M2.46%
  • Citadel Advisors Llc
    1.03M2.44%
  • Geode Capital Management, LLC
    1.01M2.39%
  • Kayne Anderson Rudnick Investment Management LLC
    984.32K2.33%
  • Egerton Capital LLP
    925.39K2.19%
  • Neuberger Berman Group LLC
    916.01K2.17%
  • Dimensional Fund Advisors, Inc.
    869.85K2.06%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.60M6.15%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.36M3.21%
  • Touchstone Mid Cap Y
    1.08M2.55%
  • FullerThaler Behavioral Sm-Cp Eq R6
    1.05M2.49%
  • Vanguard Small Cap Index
    981.81K2.32%

Dividends

20264×
0.37Nov 5, 20260.34Aug 5, 20260.34May 11, 20260.34Mar 5, 2026
20254×
0.34Nov 6, 20250.31Aug 7, 20250.31May 8, 20250.31Mar 6, 2025
20244×
0.31Nov 7, 20240.28Aug 8, 20240.28May 8, 20240.28Feb 28, 2024
20234×
0.28Nov 1, 20230.25Aug 2, 20230.25May 3, 20230.25Mar 1, 2023
20224×
0.25Nov 2, 20220.23Aug 3, 20220.23May 4, 20220.23Mar 2, 2022
20214×
0.23Nov 3, 20210.21Aug 4, 20210.21May 5, 20210.21Mar 3, 2021