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Armstrong World Industries AWI Architectural Specialties — Operating Income

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Other financials

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

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Market cap$7.86B-4.8%
Enterprise value$8.37B-4.3%
P/E24.9×-3.0×
P/S4.6×-0.6×

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×

Where this comes from

Reported directly by Armstrong World Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Armstrong World Industries’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 7:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-318838
For the three months ended June 30, 2026Mineral FiberArchitectural SpecialtiesUnallocated CorporateTotal
Cost of goods sold166.8109.80.4277.0
Gross profit (loss)121.474.0(0.4)195.0
SG&A expenses48.744.70.393.7
Loss related to change in fair value of contingent consideration, net1.0(0.1)-0.9
Equity (earnings) loss from unconsolidated affiliates, net(33.6)-0.2(33.4)
Segment operating income (loss)$105.3$29.4$(0.9)$133.8
Depreciation and amortization$22.0$8.2-$30.2
Purchases of property, plant and equipment17.86.2-24.0

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Armstrong World Industries's architectural specialties — operating income?
Armstrong World Industries (AWI) reported architectural specialties — operating income of $29.4M in Q2 2026.
How has Armstrong World Industries's architectural specialties — operating income changed year-over-year?
Armstrong World Industries's architectural specialties — operating income increased by 14.8% year-over-year, from $25.6M to $29.4M.
What is the long-term trend for Armstrong World Industries's architectural specialties — operating income?
Over 3 years (2022 to 2025), Armstrong World Industries's architectural specialties — operating income has grown at a 49.3% compound annual growth rate (CAGR), from $21.7M to $72.2M.
What does architectural specialties — operating income mean?
Operating income is the profit derived from the segment's core business operations after deducting both cost of goods sold and operating expenses. It serves as a critical measure of the segment's ability to generate sustainable earnings from its primary activities.

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