Armstrong World Industries, Inc. (AWI)

NYSE Industrials Building Products S&P SmallCap 600

$171.23

+0.69 (+0.40%)

Close of Nov 06, 2026 · end-of-day data

Source: Armstrong World Industries, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$837.30M	$893.60M	$975.30M	$1.04B	$936.90M	$1.11B	$1.23B	$1.30B	$1.45B	$1.62B
Cost of revenue	$530.30M	$578.20M	$641.80M	$643.00M	$603.80M	$701.00M	$784.00M	$798.20M	$864.10M	$962.10M
Gross profit	$307.00M	$315.40M	$333.50M	$395.10M	$333.10M	$405.60M	$449.10M	$497.00M	$581.60M	$658.70M
Research & development	$17.80M	$17.40M	$16.30M	$14.80M	$14.70M	$14.60M	$14.90M	$14.50M	$15.70M	$16.40M
Selling, general & admin	$184.20M	$138.60M	$159.00M	$174.30M	$163.20M	$237.40M	$237.00M	$262.50M	$308.50M	$339.50M
Operating income	$195.90M	$243.80M	$249.40M	$317.40M	$254.80M	$260.00M	$278.70M	$323.70M	$374.30M	$430.90M
Interest expense	$49.50M	$35.40M	$39.20M	$38.40M	$24.10M	$22.90M	$27.10M	$35.30M	$39.80M	$33.00M
Pre-tax income	$150.60M	$222.10M	$242.70M	$299.40M	-$126.70M	$242.70M	$257.60M	$298.30M	$347.10M	$400.30M
Income tax	$51.30M	$1.50M	$53.10M	$57.10M	-$42.60M	$57.40M	$57.70M	$74.50M	$82.20M	$91.60M
Net income	$104.70M	$119.60M	$185.90M	$214.50M	-$99.10M	$183.20M	$202.90M	$223.80M	$264.90M	$308.70M
EBITDA	$285.10M	$333.00M	$328.80M	$389.50M	$338.80M	$356.50M	$362.40M	$412.90M	$477.50M	$551.30M
EPS (basic)	$1.88	$2.23	$3.61	$4.40	$-2.07	$3.84	$4.38	$5.00	$6.06	$7.13
EPS (diluted)	$1.87	$2.21	$3.56	$4.32	$-2.07	$3.82	$4.37	$4.99	$6.02	$7.08
Diluted shares	55.70M	53.90M	52.10M	49.50M	47.90M	47.90M	46.40M	44.80M	44.00M	43.60M
Gross margin	36.7%	35.3%	34.2%	38.1%	35.6%	36.7%	36.4%	38.4%	40.2%	40.6%
Operating margin	23.4%	27.3%	25.6%	30.6%	27.2%	23.5%	22.6%	25.0%	25.9%	26.6%
Net margin	12.5%	13.4%	19.1%	20.7%	-10.6%	16.6%	16.5%	17.3%	18.3%	19.0%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$141.90M	$159.60M	$325.70M	$45.30M	$136.90M	$98.10M	$106.00M	$70.80M	$79.30M	$112.70M
Receivables	$58.80M	$90.80M	$79.90M	$85.10M	$78.30M	$109.10M	$112.40M	$111.00M	$134.40M	$130.30M
Inventory	$46.90M	$53.80M	$61.20M	$68.50M	$81.50M	$90.20M	$110.00M	$104.00M	$109.80M	$124.60M
Total current assets	$406.20M	$648.90M	$717.60M	$244.40M	$311.80M	$321.90M	$356.50M	$313.00M	$348.90M	$391.50M
Goodwill	$500.00K	$11.30M	$19.20M	$53.00M	$160.70M	$167.00M	$167.30M	$175.50M	$203.20M	$217.80M
Total assets	$1.76B	$1.87B	$1.84B	$1.49B	$1.72B	$1.71B	$1.69B	$1.67B	$1.84B	$1.92B
Total current liabilities	$224.10M	$269.90M	$549.50M	$155.20M	$172.30M	$209.60M	$182.70M	$194.50M	$249.70M	$267.40M
Short-term debt	$25.00M	$32.50M	$55.00M	$6.30M	$25.00M	$25.00M	$0	$22.50M	$22.50M	$10.30M
Long-term debt	$848.60M	$817.70M	$764.80M	$604.50M	$690.50M	$606.40M	$651.10M	$564.30M	$502.60M	$396.40M
Total debt	$873.60M	$850.20M	$819.80M	$610.80M	$715.50M	$631.40M	$651.10M	$586.80M	$525.10M	$406.70M
Total liabilities	$1.49B	$1.49B	$1.61B	$1.13B	$1.27B	$1.19B	$1.15B	$1.08B	$1.09B	$1.02B
Shareholders' equity	$266.40M	$384.10M	$226.00M	$364.90M	$450.90M	$519.70M	$535.00M	$591.80M	$757.10M	$900.70M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$49.30M	$170.40M	$203.20M	$182.70M	$218.80M	$187.20M	$182.40M	$233.50M	$266.80M	$355.50M
Capital expenditures	$104.20M	$89.70M	$71.90M	$71.30M	$55.40M	$79.80M	$74.80M	$83.80M	$82.80M	$109.40M
Free cash flow	-$54.90M	$80.70M	$131.30M	$111.40M	$163.40M	$107.40M	$107.60M	$149.70M	$184.00M	$246.10M
Investing cash flow	-$17.00M	-$54.20M	$309.60M	-$89.10M	-$141.10M	-$13.90M	$28.20M	-$10.40M	-$79.30M	-$3.60M
Financing cash flow	-$128.90M	-$102.70M	-$329.30M	-$384.90M	$13.50M	-$212.10M	-$201.90M	-$258.60M	-$177.60M	-$319.30M
Dividends paid	—	—	$8.60M	$35.60M	$39.20M	$41.40M	$44.20M	$46.90M	$50.60M	$55.20M
Share buybacks	$43.80M	$80.40M	$306.60M	$131.30M	$44.40M	$80.00M	$165.00M	$132.00M	$56.30M	$128.90M
Stock-based compensation	$12.40M	$10.20M	$14.00M	$9.50M	$6.80M	$11.30M	$14.30M	$18.80M	$18.30M	$21.90M
Depreciation & amortization	$89.20M	$89.20M	$79.40M	$72.10M	$84.00M	$96.50M	$83.70M	$89.20M	$103.20M	$120.40M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$312.30M	$326.30M	$365.10M	$386.60M	$367.70M	$382.70M	$424.60M	$425.20M	$388.30M	$409.90M	$472.00M	$475.80M
Cost of revenue	$192.80M	$202.00M	$215.80M	$222.50M	$223.80M	$232.80M	$248.80M	$246.70M	$233.80M	$254.60M	$277.00M	$285.10M
Gross profit	$119.50M	$124.30M	$149.30M	$164.10M	$143.90M	$149.90M	$175.80M	$178.50M	$154.50M	$155.30M	$195.00M	$190.70M
Selling, general & admin	$73.30M	$65.40M	$80.60M	$77.60M	$85.40M	$78.00M	$84.40M	$90.10M	$87.40M	$88.40M	$93.70M	$91.30M
Operating income	$66.30M	$86.10M	$95.00M	$111.30M	$81.90M	$98.50M	$123.20M	$117.20M	$92.00M	$94.20M	$133.80M	$131.20M
Interest expense	$8.60M	$9.00M	$11.10M	$10.50M	$9.20M	$8.50M	$8.60M	$8.20M	$7.70M	$7.30M	$7.80M	$7.50M
Pre-tax income	$60.70M	$80.20M	$87.10M	$103.80M	$76.00M	$90.70M	$115.30M	$109.50M	$84.80M	$88.40M	$126.90M	$124.40M
Income tax	$13.90M	$20.30M	$21.20M	$26.90M	$13.80M	$21.60M	$27.50M	$23.20M	$19.30M	$21.60M	$30.20M	$32.50M
Net income	$46.80M	$59.90M	$65.90M	$76.90M	$62.20M	$69.10M	$87.80M	$86.30M	$65.50M	$66.80M	$96.70M	$91.90M
EBITDA	$89.70M	$110.40M	$120.50M	$137.40M	$109.20M	$127.80M	$153.70M	$147.30M	$122.50M	$123.90M	$164.00M	$163.40M
EPS (basic)	$1.07	$1.37	$1.50	$1.76	$1.43	$1.59	$2.02	$2.00	$1.53	$1.56	$2.28	$2.18
EPS (diluted)	$1.06	$1.36	$1.50	$1.75	$1.41	$1.58	$2.01	$1.98	$1.52	$1.55	$2.26	$2.17
Diluted shares	-200.00K	44.10M	44.00M	43.90M	0	43.80M	43.70M	43.60M	-100.00K	43.20M	42.70M	42.30M
Gross margin	38.3%	38.1%	40.9%	42.4%	39.1%	39.2%	41.4%	42.0%	39.8%	37.9%	41.3%	40.1%
Operating margin	21.2%	26.4%	26.0%	28.8%	22.3%	25.7%	29.0%	27.6%	23.7%	23.0%	28.3%	27.6%
Net margin	15.0%	18.4%	18.0%	19.9%	16.9%	18.1%	20.7%	20.3%	16.9%	16.3%	20.5%	19.3%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$70.80M	$69.60M	$73.60M	$73.70M	$79.30M	$82.80M	$81.10M	$90.10M	$112.70M	$79.80M	$78.60M	$71.40M
Receivables	$111.00M	$125.40M	$136.00M	$130.90M	$134.40M	$151.40M	$155.10M	$157.80M	$130.30M	$165.60M	$188.60M	$187.50M
Inventory	$104.00M	$106.40M	$113.80M	$116.00M	$109.80M	$117.10M	$116.40M	$123.50M	$124.60M	$129.50M	$127.40M	$135.40M
Total current assets	$313.00M	$330.70M	$351.20M	$357.70M	$348.90M	$371.50M	$375.60M	$395.70M	$391.50M	$402.40M	$425.30M	$427.00M
Goodwill	$175.50M	$175.30M	$193.80M	$194.70M	$203.20M	$210.00M	$208.50M	$214.40M	$217.80M	$256.70M	$259.20M	$256.60M
Total assets	$1.67B	$1.69B	$1.82B	$1.80B	$1.84B	$1.85B	$1.86B	$1.89B	$1.92B	$1.99B	$2.01B	$2.00B
Total current liabilities	$194.50M	$184.40M	$200.00M	$218.40M	$249.70M	$231.60M	$232.90M	$261.10M	$267.40M	$262.10M	$280.00M	$294.00M
Short-term debt	$22.50M	$22.50M	$22.50M	$22.50M	$22.50M	$22.50M	$22.50M	$22.50M	$10.30M	$10.30M	$10.30M	$10.30M
Long-term debt	$564.30M	$558.90M	$621.50M	$533.10M	$502.60M	$497.20M	$461.80M	$386.40M	$396.40M	$469.00M	$481.70M	$459.30M
Total debt	$586.80M	$581.40M	$644.00M	$555.60M	$525.10M	$519.70M	$484.30M	$408.90M	$406.70M	$479.30M	$492.00M	$469.60M
Total liabilities	$1.08B	$1.06B	$1.15B	$1.09B	$1.09B	$1.06B	$1.02B	$1.00B	$1.02B	$1.09B	$1.12B	$1.11B
Shareholders' equity	$591.80M	$626.80M	$669.00M	$717.00M	$757.10M	$793.40M	$837.80M	$889.20M	$900.70M	$892.90M	$884.30M	$893.80M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$57.10M	$26.40M	$57.30M	$96.50M	$86.60M	$41.00M	$81.60M	$122.90M	$110.00M	$32.10M	$93.80M	$96.20M
Capital expenditures	$23.70M	$14.70M	$19.90M	$19.40M	$28.80M	$19.10M	$19.90M	$22.60M	$47.80M	$17.70M	$24.00M	$24.70M
Free cash flow	$33.40M	$11.70M	$37.40M	$77.10M	$57.80M	$21.90M	$61.70M	$100.30M	$62.20M	$14.40M	$69.80M	$71.50M
Investing cash flow	$200.00K	$5.90M	-$87.30M	$20.20M	-$18.10M	$6.00M	$7.20M	$3.60M	-$20.40M	-$51.40M	$6.50M	$10.10M
Financing cash flow	-$83.50M	-$33.10M	$34.20M	-$116.80M	-$61.90M	-$43.60M	-$91.10M	-$117.30M	-$67.30M	-$13.20M	-$101.00M	-$113.80M
Dividends paid	$12.50M	$12.30M	$12.60M	$12.20M	$13.50M	$13.40M	$13.80M	$13.40M	$14.60M	$14.70M	$15.50M	$14.30M
Share buybacks	$35.00M	$15.00M	$10.00M	$15.00M	$16.30M	$22.00M	$30.40M	$27.00M	$49.50M	$60.60M	$76.80M	$75.70M
Stock-based compensation	$6.80M	$4.10M	$4.60M	$5.20M	$4.40M	$4.50M	$5.30M	$6.50M	$5.60M	$3.80M	$6.00M	$4.60M
Depreciation & amortization	$23.40M	$24.30M	$25.50M	$26.10M	$27.30M	$29.30M	$30.50M	$30.10M	$30.50M	$29.70M	$30.20M	$32.20M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.