AWI Stock Analysis: Armstrong World Industries | NYSE

Building Products & Equipment | NYSE, USA | Market Cap: 7.546m USD | 12M Return: -10.7% | US04247X1028 | Charts, Fundamentals & Technical Analysis

Ceilings, Walls, Suspension Grids, Architectural Panels
Total Rating 58
Safety 85
Buy Signal -0.43
Building Products & Equipment
Industry Rotation: -7.2
Market Cap: 7.55B
Avg Turnover: 64.3M
Risk 3d forecast
Volatility25.3%
VaR 5th Pctl4.11%
VaR vs Median-1.38%
Reward TTM
Sharpe Ratio-0.45
Rel. Str. IBD28.3
Rel. Str. Peer Group53
Character TTM
Beta0.794
Beta Downside0.617
Hurst Exponent0.629
Drawdowns 3y
Max DD25.23%
CAGR/Max DD1.31
CAGR/Mean DD4.72
EPS (Earnings per Share) EPS (Earnings per Share) of AWI over the last years for every Quarter: "2021-06": 1.16, "2021-09": 1.17, "2021-12": 1.09, "2022-03": 1.02, "2022-06": 1.29, "2022-09": 1.36, "2022-12": 1.08, "2023-03": 1.12, "2023-06": 1.38, "2023-09": 1.6, "2023-12": 1.22, "2024-03": 1.38, "2024-06": 1.62, "2024-09": 1.81, "2024-12": 1.5, "2025-03": 1.66, "2025-06": 2.09, "2025-09": 2.05, "2025-12": 1.61, "2026-03": 1.69, "2026-06": 2.36,
EPS CAGR: 16.68%
EPS Trend: 99.0%
Last SUE: 0.23
Qual. Beats: 0
Revenue Revenue of AWI over the last years for every Quarter: 2021-06: 280, 2021-09: 292.2, 2021-12: 282.5, 2022-03: 282.6, 2022-06: 321, 2022-09: 325, 2022-12: 304.5, 2023-03: 310.2, 2023-06: 325.4, 2023-09: 347.3, 2023-12: 312.3, 2024-03: 326.3, 2024-06: 365.1, 2024-09: 386.6, 2024-12: 367.7, 2025-03: 382.7, 2025-06: 424.6, 2025-09: 425.2, 2025-12: 388.3, 2026-03: 409.9, 2026-06: 472,
Rev. CAGR: 11.70%
Rev. Trend: 99.1%
Last SUE: 0.98
Qual. Beats: 1

Warnings

Fakeout
Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +1.0% 5
Feb +3.9% 5
Mar -1.1% 20
Apr +0.5% 8
May -0.9% 29
Jun +1.6% 18
Jul +8.9% 43
Aug -1.4% 28
Sep -3.7% 48
Oct -3.7% 9
Nov +9.0% 43
Dec -1.3% 34

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: AWI Armstrong World Industries

Armstrong World Industries (AWI) designs, manufactures, and sells ceiling and wall solutions, operating primarily in the Americas through two segments: Mineral Fiber and Architectural Specialties. Its product range includes mineral fiber, fiberglass, metal, wood, felt, architectural resin and glass, wood fiber, and glass-reinforced-gypsum panels, along with ceiling trims, perimeter products, and suspension grid systems used in both commercial and residential construction, as well as building renovation.

The company distributes through resale distributors, ceiling system contractors, wholesalers, and retailers including large home centers. AWI was founded in 1860 and is headquartered in Lancaster, Pennsylvania, and trades as a mid-cap stock in the Building Products sub-industry within the Industrials sector. Building products manufacturers in this category typically see demand driven by non-residential construction cycles, residential housing activity, and repair-and-remodel spending, making the business sensitive to broader construction trends and interest rates.

Headlines to Watch Out For
  • Non-residential construction recovery drives ceiling volume growth
  • Architectural Specialties acquisitions expand higher-margin product mix
  • Raw material inflation pressures mineral fiber margins
Piotroski VR-10 (Strict) 8.0
Net Income: 315.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.13 > 0.02 and ΔFCF/TA 1.00 > 1.0
NWC/Revenue: 8.57% < 20% (prev 9.14%; Δ -0.57% < -1%)
CFO/TA 0.18 > 3% & CFO 358.8m > Net Income 315.3m
Net Debt (588.2m) to EBITDA (586.8m): 1.00 < 3
Current Ratio: 1.52 > 1.5 & < 3
Outstanding Shares: last quarter (42.7m) vs 12m ago -2.29% < -2%
Gross Margin: 40.30% > 18% (prev 40.58%; Δ -0.28% > 0.5%)
Asset Turnover: 87.64% > 50% (prev 83.87%; Δ 3.78% > 0%)
Interest Coverage Ratio: 12.98 > 6 (EBIT TTM 407.6m / Interest Expense TTM 31.4m)
Altman Z'' 5.88
A: 0.07 (Total Current Assets 425.3m - Total Current Liabilities 280.0m) / Total Assets 2.01b
B: 0.97 (Retained Earnings 1.95b / Total Assets 2.01b)
C: 0.21 (EBIT TTM 407.6m / Avg Total Assets 1.93b)
D: 0.79 (Book Value of Equity 884.3m / Total Liabilities 1.12b)
Altman-Z'' = 5.88 = AAA
Beneish M -2.87
DSRI: 1.12 (Receivables 193.3m/159.0m, Revenue 1.70b/1.56b)
GMI: 1.01 (GM 40.58% / 40.30%)
AQI: 0.99 (AQ_t 0.43 / AQ_t-1 0.44)
SGI: 1.09 (Revenue 1.70b / 1.56b)
TATA: -0.02 (NI 315.3m - CFO 358.8m) / TA 2.01b)
Beneish M = -2.87 (Cap -4..+1) = A
What is the price of AWI shares?

As of August 30, 2026, the stock is trading at USD 175.09 with a total of 226,007 shares traded. Over the past week, the price has changed by -1.93%, over one month by -1.81%, over three months by +9.40% and over the past year by -10.69%.

Current recommended Stop Loss: 167.00 (which is 4.6% or 1.9 ATR below the current price).

Is AWI a buy, sell or hold?

Armstrong World Industries has received a consensus analysts rating of 3.71. Therefore, it is recommended to hold AWI.

  • StrongBuy: 2
  • Buy: 1
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the AWI price?
Analysts Target Price 209.7 19.8%
Armstrong World Industries (AWI) - Fundamental Data Overview as of 23 August 2026
Market Cap USD = 7.55b (7.55b USD * 1.0 USD.USD)
P/E Trailing = 24.3907
P/E Forward = 20.9644
P/S = 4.4506
P/B = 8.5123
P/EG = 2.0241
Revenue TTM = 1.70b USD
EBIT TTM = 407.6m USD
EBITDA TTM = 586.8m USD
Long Term Debt = 481.7m USD (from longTermDebt, last quarter)
Short Term Debt = 28.5m USD (from shortTermDebt, last quarter)
Debt = 666.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 87.4m
Net Debt = 588.2m USD (calculated: Debt 666.8m - CCE 78.6m)
Enterprise Value = 8.13b USD (7.55b + Debt 666.8m - CCE 78.6m)
Interest Coverage Ratio = 12.98 (Ebit TTM 407.6m / Interest Expense TTM 31.4m)
EV/FCF = 31.83x (Enterprise Value 8.13b / FCF TTM 255.5m)
FCF Yield = 3.14% (FCF TTM 255.5m / Enterprise Value 8.13b)
FCF Margin = 15.07% (FCF TTM 255.5m / Revenue TTM 1.70b)
Net Margin = 18.60% (Net Income TTM 315.3m / Revenue TTM 1.70b)
Gross Margin = 40.30% ((Revenue TTM 1.70b - Cost of Revenue TTM 1.01b) / Revenue TTM)
Gross Margin QoQ = 41.31% (prev 37.89%)
Tobins Q-Ratio = 4.05 (Enterprise Value 8.13b / Total Assets 2.01b)
Interest Expense / Debt = 4.71% (Interest Expense 31.4m / Debt 666.8m)
Taxrate = 23.02% (94.3m / 409.6m)
NOPAT = 313.8m (EBIT 407.6m * (1 - 23.02%))
Current Ratio = 1.52 (Total Current Assets 425.3m / Total Current Liabilities 280.0m)
Debt / Equity = 0.75 (Debt 666.8m / totalStockholderEquity, last quarter 884.3m)
Debt / EBITDA = 1.00 (Net Debt 588.2m / EBITDA 586.8m)
Debt / FCF = 2.30 (Net Debt 588.2m / FCF TTM 255.5m)
Total Stockholder Equity = 891.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 16.30% (Net Income 315.3m / Total Assets 2.01b)
RoE = 35.36% (Net Income TTM 315.3m / Total Stockholder Equity 891.8m)
RoCE = 29.68% (EBIT 407.6m / Capital Employed (Equity 891.8m + L.T.Debt 481.7m))
RoIC = 18.71% (NOPAT 313.8m / Invested Capital 1.68b)
WACC = 8.36% (E(7.55b)/V(8.21b) * Re(8.78%) + D(666.8m)/V(8.21b) * Rd(4.71%) * (1-Tc(0.23)))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.16 | Cagr: -1.42%
[DCF] Terminal Value 77.93% ; FCFF base≈240.7m ; Y1≈275.9m ; Y5≈406.1m
[DCF] Fair Price = 130.4 (EV 6.10b - Net Debt 588.2m = Equity 5.51b / Shares 42.3m; r=8.36% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.00 | EPS CAGR: 16.68% | SUE: 0.23 | # QB: 0
Revenue Correlation: 99.10 | Revenue CAGR: 11.70% | SUE: 0.98 | # QB: 1
EPS current Quarter (2026-09-30): EPS=2.39 | Chg30d=-0.06% | Revisions=-8% | Analysts=10
EPS current Year (2026-12-31): EPS=8.44 | Chg30d=+1.48% | Revisions=+75% | GrowthEPS=+13.9% | GrowthRev=+10.2%
EPS next Year (2027-12-31): EPS=9.54 | Chg30d=+1.70% | Revisions=+46% | GrowthEPS=+13.1% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +45% (up=21, down=7)