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Armstrong World Industries

AWI

Armstrong World Industries is a leading designer and manufacturer of interior and exterior architectural solutions for the Americas, specializing in ceiling and wall systems.

Market cap
$7.05B-14.2%
Revenue$1.7B+8.6%
Net income$315.3M+6.5%
Free cash flow$246.7M+12.9%
EPS (diluted)$7.31+8.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$471.1M
EPS estimate$2.34

Financials

Q2 2026

Income statement

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Revenue$472.0M+11.2%
Gross profit$195.0M+10.9%
Operating income$133.8M+8.6%
Net income$96.7M+10.1%
EPS (diluted)$2.26+12.4%

Balance sheet

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Cash & equivalents$78.6M-3.1%
Total debt$579.4M+3.2%
Total equity$884.3M+5.6%
Total assets$2.0B+7.8%

Cash flow

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Operating cash flow$93.8M+15.0%
CapEx$24.0M+20.6%
Free cash flow$69.8M+13.1%

Valuation & ratios

Valuation

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Market cap$7.05B-14.2%
Enterprise value$7.55B-3.3%
P/E22.4×-2.4×
P/S4.2×-0.5×

Profitability

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Gross margin40.3%-0.3pp
Operating margin25.8%-0.8pp
Net margin18.6%-0.4pp
FCF margin14.6%+0.6pp

Returns & leverage

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Return on equity36.6%-2.7pp
Debt / equity0.7×0.0×
Current ratio1.5×-0.1×

Segments

By segment

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Mineral Fiber$288.2M+7.9%
Architectural Specialties$183.8M+16.6%
Unallocated Corporate-

Competitors

Profile

Armstrong World Industries is a leading designer and manufacturer of interior and exterior architectural solutions for the Americas, specializing in ceiling and wall systems. The company provides a diverse portfolio of high-performance products made from mineral fiber, metal, wood, and resin to enhance acoustical control, energy efficiency, and aesthetic appeal. Its value proposition centers on market-driven innovation and a robust distribution network serving commercial and residential construction markets.

Competitive position

A leading manufacturer in the Americas with a dominant position in mineral fiber ceilings and a rapidly expanding portfolio in architectural specialties through strategic acquisitions.

GeographiesUnited States, Canada, Latin America
Customer segmentsCommercial Construction, Residential Renovation, Architectural and Design Firms
Business modelManufacturing, B2B Distribution
SuppliersFiberglass suppliers, Perlite and starch providers, Steel and aluminum producers, Energy and natural gas utilities
CustomersBuilding materials distributors, Home improvement retailers, General contractors, Facility owners
Listed2006
Employees3.1K
CEOMark A. Hershey
IndustryConstruction
FilingsSEC EDGAR

Questions, answered.

What is Armstrong World Industries's market cap?
Armstrong World Industries (AWI) has a market capitalization of $7.1B and trades on NYSE.
What is Armstrong World Industries's revenue and profitability?
Armstrong World Industries generated $1.7B in trailing twelve-month revenue with net income of $315.3M, representing a net margin of 18.6%. Gross margin stands at 40.3%, with free cash flow of $246.7M. These figures are based on the Q2 2026 filing.
Who are Armstrong World Industries's competitors?
Armstrong World Industries's key competitors include James Hardie Industries plc, Owens Corning, Amrize Ltd, and others. These companies compete in similar markets and product categories.
Who does Armstrong World Industries partner with?
Armstrong World Industries's notable partners include Worthington Enterprises, Inc., Overcast Innovations LLC, McKinstry Essention, LLC, and others.
What subsidiaries does Armstrong World Industries have?
Armstrong World Industries's subsidiaries include 3form, LLC, A. Zahner Company, BOK Modern, LLC, and others.
Where is Armstrong World Industries headquartered?
Armstrong World Industries is headquartered in United States of America and employs approximately 3,100 people. It has been publicly traded since 2006.