AWI
Armstrong World Industries Inc
NYSE: AWI · INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT
$168.84
-0.59% today
Updated 2026-04-29
Market cap
$7.25B
P/E ratio
24.09
P/S ratio
4.47x
EPS (TTM)
$7.05
Dividend yield
0.73%
52W range
$145 – $206
Volume
0.6M
Armstrong World Industries Inc (AWI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.43B | $3.55B | $3.39B | $2.78B | $2.63B | $2.72B | $2.62B | $2.53B | $2.51B | $1.23B | $835.90M | $893.50M | $975.30M | $1.04B | $936.90M | $1.11B | $1.23B | $1.30B | $1.45B | $1.62B |
| Revenue growth (YoY) | — | +3.6% | -4.4% | -18.1% | -5.5% | +3.6% | -3.8% | -3.5% | -0.7% | -51.1% | -31.9% | +6.9% | +9.2% | +6.4% | -9.7% | +18.1% | +11.4% | +5.0% | +11.6% | +12.1% |
| Cost of revenue | $2.68B | $2.68B | $2.63B | $2.13B | $2.01B | $2.06B | $1.96B | $1.94B | $1.92B | $850.30M | $530.30M | $574.50M | $641.90M | $642.40M | $603.70M | $700.70M | $783.80M | $798.20M | $864.10M | $962.10M |
| Gross profit | $746.90M | $868.00M | $767.10M | $649.00M | $616.40M | $665.20M | $660.90M | $588.90M | $593.80M | $377.20M | $305.60M | $319.00M | $333.40M | $395.70M | $333.20M | $405.90M | $449.30M | $497.00M | $581.60M | $658.70M |
| Gross margin | 21.8% | 24.5% | 22.6% | 23.3% | 23.5% | 24.4% | 25.2% | 23.3% | 23.7% | 30.7% | 36.6% | 35.7% | 34.2% | 38.1% | 35.6% | 36.7% | 36.4% | 38.4% | 40.2% | 40.6% |
| R&D | $48.80M | $43.80M | $38.80M | $38.00M | $32.90M | $29.20M | $30.30M | $29.30M | $30.60M | $19.70M | $17.80M | $17.40M | $16.30M | $14.80M | $14.70M | $14.60M | $4.20M | $3.92M | — | — |
| SG&A | $144.00M | $613.50M | $579.90M | $552.40M | $531.30M | $478.30M | $406.30M | $431.50M | $398.50M | $447.20M | $225.20M | $135.70M | $159.00M | $174.30M | $163.00M | $232.10M | $231.70M | $256.60M | $308.50M | $339.50M |
| Operating income | $185.90M | $254.50M | $199.90M | $107.10M | $128.40M | $211.70M | $242.60M | $202.00M | $195.30M | $110.40M | $150.10M | $180.40M | $174.40M | $240.50M | $169.80M | $168.20M | $212.10M | $234.50M | $273.10M | $430.90M |
| Operating margin | 5.4% | 7.2% | 5.9% | 3.9% | 4.9% | 7.8% | 9.3% | 8.0% | 7.8% | 9.0% | 18.0% | 20.2% | 17.9% | 23.2% | 18.1% | 15.2% | 17.2% | 18.1% | 18.9% | 26.6% |
| EBITDA | $2.31B | $452.00M | $370.00M | $239.70M | $237.60M | $356.10M | $386.90M | $376.40M | $360.60M | $203.80M | $246.60M | $323.60M | $345.60M | $408.50M | $-13.00M | $370.60M | $368.40M | $434.30M | $495.60M | $433.30M |
| EBITDA margin | 67.4% | 12.7% | 10.9% | 8.6% | 9.0% | 13.1% | 14.8% | 14.9% | 14.4% | 16.6% | 29.5% | 36.2% | 35.4% | 39.4% | -1.4% | 33.5% | 29.9% | 33.5% | 34.3% | 26.7% |
| EBIT | $2.18B | $314.20M | $220.20M | $92.90M | $94.30M | $242.30M | $274.20M | $267.40M | $231.20M | $124.60M | $191.80M | $256.60M | $266.20M | $336.40M | $-97.00M | $274.10M | $284.70M | $345.10M | $392.40M | — |
| Interest expense | $18.60M | $55.00M | $30.80M | $17.70M | $21.20M | $48.50M | $53.70M | $68.70M | $46.00M | $44.50M | $41.20M | $34.50M | $37.60M | $37.00M | $29.70M | $31.40M | $27.10M | $46.80M | $45.30M | $33.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.36B | $145.30M | $81.00M | $77.30M | $11.00M | $112.40M | $131.20M | $99.80M | $77.80M | $52.50M | $89.10M | $224.10M | $198.60M | $240.00M | $-84.20M | $185.00M | $199.60M | $223.70M | $264.90M | $308.70M |
| Net income growth (YoY) | — | -89.3% | -44.3% | -4.6% | -85.8% | +921.8% | +16.7% | -23.9% | -22.0% | -32.5% | +69.7% | +151.5% | -11.4% | +20.8% | -135.1% | +319.7% | +7.9% | +12.1% | +18.4% | +16.5% |
| Profit margin | 39.6% | 4.1% | 2.4% | 2.8% | 0.4% | 4.1% | 5.0% | 3.9% | 3.1% | 4.3% | 10.7% | 25.1% | 20.4% | 23.1% | -9.0% | 16.7% | 16.2% | 17.3% | 18.3% | 19.0% |