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Armstrong World Industries AWI Mineral Fiber — Operating Income

Other segment segments

Architectural Specialties
$29.4M+14.8%
Unallocated Corporate
-$900K-12.5%

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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 mineral fiber — operating income?
Armstrong World Industries (AWI) reported mineral fiber — operating income of $105.3M in Q2 2026.
How has Armstrong World Industries's mineral fiber — operating income changed year-over-year?
Armstrong World Industries's mineral fiber — operating income increased by 7.0% year-over-year, from $98.4M to $105.3M.
What is the long-term trend for Armstrong World Industries's mineral fiber — operating income?
Over 4 years (2021 to 2025), Armstrong World Industries's mineral fiber — operating income has grown at a 8.5% compound annual growth rate (CAGR), from $261.2M to $362M.
What does mineral fiber — operating income mean?
Operating income measures the profit generated from the mineral fiber segment's core business operations after deducting both cost of goods sold and operating expenses. It is a key indicator of the segment's operational health and its ability to generate sustainable earnings.

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