(AWI) Armstrong World Industries - Overview

Sector: Industrials | Industry: Building Products & Equipment | Exchange: NYSE (USA) | Market Cap: 6.739m USD | Total Return: 2.2% in 12m

Ceiling Tiles, Wall Panels, Suspension Grids, Architectural Specialties
Total Rating 55
Safety 86
Buy Signal -0.58
Building Products & Equipment
Industry Rotation: -9.2
Market Cap: 6.74B
Avg Turnover: 63.2M
Risk 3d forecast
Volatility24.5%
VaR 5th Pctl3.97%
VaR vs Median-1.45%
Reward TTM
Sharpe Ratio0.04
Rel. Str. IBD13
Rel. Str. Peer Group39.7
Character TTM
Beta0.865
Beta Downside0.939
Hurst Exponent0.608
Drawdowns 3y
Max DD24.54%
CAGR/Max DD1.51
CAGR/Mean DD6.60
EPS (Earnings per Share) EPS (Earnings per Share) of AWI over the last years for every Quarter: "2021-03": 0.84, "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,
EPS CAGR: 17.51%
EPS Trend: 99.3%
Last SUE: -0.72
Qual. Beats: 0
Revenue Revenue of AWI over the last years for every Quarter: 2021-03: 251.9, 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,
Rev. CAGR: 11.36%
Rev. Trend: 98.8%
Last SUE: 0.04
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: AWI Armstrong World Industries

Armstrong World Industries (NYSE: AWI) designs and manufactures ceiling and wall solutions for commercial and residential markets across the Americas. Operating through its Mineral Fiber and Architectural Specialties segments, the company produces a diverse portfolio including mineral fiber, wood, metal, and felt systems, alongside essential suspension grid components.

The business model relies on a multi-channel distribution network consisting of resale distributors, specialty contractors, and major home improvement retailers. As a key player in the Building Products sub-industry, AWIs revenue is heavily influenced by the non-residential repair and remodel (R&R) cycle, which typically offers more stability than new construction starts.

Investors may find additional valuation metrics and historical performance data on ValueRay to further their analysis. Founded in 1860 and headquartered in Lancaster, Pennsylvania, the company maintains a dominant position in the architectural interiors sector through its specialized material science and integrated installation systems.

Headlines to Watch Out For
  • Commercial renovation demand drives Mineral Fiber segment revenue and pricing power
  • WAVE joint venture performance significantly impacts consolidated equity earnings and margins
  • Architectural Specialties segment growth depends on high-end custom building project volumes
  • Raw material cost fluctuations in steel and fiber impact manufacturing profitability
  • Interest rate sensitivity influences new construction starts and residential remodeling activity
Piotroski VR-10 (Strict) 9.0
Net Income: 306.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA 1.99 > 1.0
NWC/Revenue: 8.51% < 20% (prev 9.31%; Δ -0.80% < -1%)
CFO/TA 0.17 > 3% & CFO 346.6m > Net Income 306.4m
Net Debt (578.9m) to EBITDA (574.0m): 1.01 < 3
Current Ratio: 1.54 > 1.5 & < 3
Outstanding Shares: last quarter (43.2m) vs 12m ago -1.37% < -2%
Gross Margin: 40.30% > 18% (prev 0.40%; Δ 3.99k% > 0.5%)
Asset Turnover: 85.83% > 50% (prev 81.00%; Δ 4.82% > 0%)
Interest Coverage Ratio: 14.07 > 6 (EBITDA TTM 574.0m / Interest Expense TTM 32.2m)
Altman Z'' 6.81
A: 0.07 (Total Current Assets 402.4m - Total Current Liabilities 262.1m) / Total Assets 1.99b
B: 0.94 (Retained Earnings 1.87b / Total Assets 1.99b)
C: 0.24 (EBIT TTM 453.2m / Avg Total Assets 1.92b)
D: 1.61 (Book Value of Equity 1.76b / Total Liabilities 1.09b)
Altman-Z'' = 6.81 = AAA
Beneish M -2.98
DSRI: 0.99 (Receivables 165.6m/151.9m, Revenue 1.65b/1.50b)
GMI: 1.00 (GM 40.30% / 40.42%)
AQI: 1.00 (AQ_t 0.44 / AQ_t-1 0.44)
SGI: 1.10 (Revenue 1.65b / 1.50b)
TATA: -0.02 (NI 306.4m - CFO 346.6m) / TA 1.99b)
Beneish M = -2.98 (Cap -4..+1) = A
What is the price of AWI shares?

As of May 24, 2026, the stock is trading at USD 157.42 with a total of 231,344 shares traded.
Over the past week, the price has changed by +1.45%, over one month by -10.74%, over three months by -18.03% and over the past year by +2.20%.

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 207.6 31.9%
Armstrong World Industries (AWI) - Fundamental Data Overview as of 20 May 2026
P/E Trailing = 22.364
P/E Forward = 18.622
P/S = 4.0889
P/B = 7.4168
P/EG = 2.0241
Revenue TTM = 1.65b USD
EBIT TTM = 453.2m USD
EBITDA TTM = 574.0m USD
Long Term Debt = 469.0m USD (from longTermDebt, last quarter)
Short Term Debt = 28.3m USD (from shortTermDebt, last quarter)
Debt = 658.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 89.7m
Net Debt = 578.9m USD (calculated: Debt 658.7m - CCE 79.8m)
Enterprise Value = 7.32b USD (6.74b + Debt 658.7m - CCE 79.8m)
Interest Coverage Ratio = 14.07 (Ebit TTM 453.2m / Interest Expense TTM 32.2m)
EV/FCF = 29.58x (Enterprise Value 7.32b / FCF TTM 247.4m)
FCF Yield = 3.38% (FCF TTM 247.4m / Enterprise Value 7.32b)
FCF Margin = 15.01% (FCF TTM 247.4m / Revenue TTM 1.65b)
Net Margin = 18.59% (Net Income TTM 306.4m / Revenue TTM 1.65b)
Gross Margin = 40.30% ((Revenue TTM 1.65b - Cost of Revenue TTM 983.9m) / Revenue TTM)
Gross Margin QoQ = 37.89% (prev 39.79%)
Tobins Q-Ratio = 3.68 (Enterprise Value 7.32b / Total Assets 1.99b)
Interest Expense / Debt = 4.89% (Interest Expense 32.2m / Debt 658.7m)
Taxrate = 24.43% (21.6m / 88.4m)
NOPAT = 342.5m (EBIT 453.2m * (1 - 24.43%))
Current Ratio = 1.54 (Total Current Assets 402.4m / Total Current Liabilities 262.1m)
Debt / Equity = 0.74 (Debt 658.7m / totalStockholderEquity, last quarter 892.9m)
Debt / EBITDA = 1.01 (Net Debt 578.9m / EBITDA 574.0m)
Debt / FCF = 2.34 (Net Debt 578.9m / FCF TTM 247.4m)
Total Stockholder Equity = 880.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.96% (Net Income 306.4m / Total Assets 1.99b)
RoE = 34.81% (Net Income TTM 306.4m / Total Stockholder Equity 880.1m)
RoCE = 33.59% (EBIT 453.2m / Capital Employed (Equity 880.1m + L.T.Debt 469.0m))
RoIC = 20.48% (NOPAT 342.5m / Invested Capital 1.67b)
WACC = 8.55% (E(6.74b)/V(7.40b) * Re(9.02%) + D(658.7m)/V(7.40b) * Rd(4.89%) * (1-Tc(0.24)))
Discount Rate = 9.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.21 | Cagr: -1.01%
[DCF] Terminal Value 77.34% ; FCFF base≈226.1m ; Y1≈259.2m ; Y5≈381.5m
[DCF] Fair Price = 116.5 (EV 5.55b - Net Debt 578.9m = Equity 4.97b / Shares 42.7m; r=8.55% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.33 | EPS CAGR: 17.51% | SUE: -0.72 | # QB: 0
Revenue Correlation: 98.76 | Revenue CAGR: 11.36% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.26 | Chg30d=-2.79% | Revisions=-67% | Analysts=9
EPS next Quarter (2026-09-30): EPS=2.39 | Chg30d=+3.34% | Revisions=+54% | Analysts=9
EPS current Year (2026-12-31): EPS=8.31 | Chg30d=-0.19% | Revisions=+8% | GrowthEPS=+12.2% | GrowthRev=+9.4%
EPS next Year (2027-12-31): EPS=9.39 | Chg30d=+0.99% | Revisions=+23% | GrowthEPS=+13.0% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: -67%