AWI Stock Analysis: Armstrong World Industries | NYSE

Building Products & Equipment | NYSE, USA | Market Cap: 6.959m USD | 12M Return: -14.9% | US04247X1028 | Charts, Fundamentals & Technical Analysis

Ceilings, Walls, Suspension Grids, Architectural Panels
Total Rating 55
Safety 87
Buy Signal -0.91
Building Products & Equipment
Industry Rotation: +7.5
Market Cap: 6.96B
Avg Turnover: 53.8M
Risk 3d forecast
Volatility23.9%
VaR 5th Pctl3.96%
VaR vs Median0.79%
Reward TTM
Sharpe Ratio-0.59
Rel. Str. IBD31.7
Rel. Str. Peer Group50 pctl
Character TTM
Beta0.794
Beta Downside0.632
Hurst Exponent0.632
Choppyness54.4%
Drawdowns 3y
Max DD25.23%
CAGR/Max DD1.43
CAGR/Mean DD4.80
EPS (Earnings per Share) EPS (Earnings per Share) of AWI over the last years for every Quarter: "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: 2021-09: 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
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 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 -0.4% 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 (NYSE: AWI) designs, manufactures, and sells ceiling and wall solutions primarily across the Americas, operating through two segments: Mineral Fiber and Architectural Specialties. Its product portfolio spans mineral fiber, fiberglass, metal, wood, felt, architectural resin and glass, wood fiber, and glass-reinforced-gypsum panels, along with ceiling perimeter/trim components and suspension grid systems that support drywall ceiling installations.

The Architectural Specialties segment focuses on higher-end, design-driven interior and exterior architectural applications mainly for commercial settings, while the broader business serves both new commercial and residential construction and the renovation of existing buildings. Products are sold through resale distributors, ceiling system contractors, wholesalers, retailers, and large home centers, reflecting a mix of specification-driven commercial sales and more channel-based residential demand typical of the building products industry.

Founded in 1860 and headquartered in Lancaster, Pennsylvania, AWI is classified within the Industrials sector (Building Products sub-industry) and trades as a mid-cap stock following its 2006 IPO. As a long-established ceiling systems specialist, the companys earnings tend to track North American non-residential construction activity, renovation cycles, and input cost trends for materials such as mineral fiber and steel used in grid products.

Headlines to Watch Out For
  • Non-residential construction recovery boosts ceiling system demand
  • Architectural Specialties margins expand on premium product mix shift
  • Raw material cost inflation pressures Mineral Fiber segment profitability
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 (561.5m): 1.05 < 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: 14.04 > 6 (EBIT TTM 441.0m / Interest Expense TTM 31.4m)
Altman Z'' 6.00
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: 0.23 (EBIT TTM 441.0m / Avg Total Assets 1.93b)
D: 0.79 (Book Value of Equity 884.3m / Total Liabilities 1.12b)
Altman-Z'' = 6.00 = 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 October 19, 2026, the stock is trading at USD 168.16 with a total of 282,026 shares traded. Over the past week, the price has changed by +3.89%, over one month by +5.17%, over three months by +8.02% and over the past year by -14.94%.

Current recommended Stop Loss: 158.60 (which is 5.7% or 2.7 ATR below the current price).

Is AWI a buy, sell or hold?

Armstrong World Industries has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy AWI.

  • StrongBuy: 6
  • Buy: 1
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the AWI price?
Analysts Target Price 210.2 25%
Armstrong World Industries (AWI) - Fundamental Data Overview as of 15 October 2026
Market Cap USD = 6.96b (6.96b USD * 1.0 USD.USD)
P/E Trailing = 22.5253
P/E Forward = 17.094
P/S = 4.1046
P/B = 7.8365
P/EG = 2.0241
Revenue TTM = 1.70b USD
EBIT TTM = 441.0m USD
EBITDA TTM = 561.5m 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 = 7.55b USD (6.96b + Debt 666.8m - CCE 78.6m)
Interest Coverage Ratio = 14.04 (Ebit TTM 441.0m / Interest Expense TTM 31.4m)
EV/FCF = 29.54x (Enterprise Value 7.55b / FCF TTM 255.5m)
FCF Yield = 3.39% (FCF TTM 255.5m / Enterprise Value 7.55b)
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 = 3.76 (Enterprise Value 7.55b / Total Assets 2.01b)
Interest Expense / Debt = 4.71% (Interest Expense 31.4m / Debt 666.8m)
Taxrate = 23.02% (94.3m / 409.6m)
NOPAT = 339.5m (EBIT 441.0m * (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 = 1.05 (Net Debt 588.2m / EBITDA 561.5m)
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 = 32.11% (EBIT 441.0m / Capital Employed (Equity 891.8m + L.T.Debt 481.7m))
RoIC = 20.25% (NOPAT 339.5m / Invested Capital 1.68b)
WACC = 7.90% (E(6.96b)/V(7.63b) * Re(8.31%) + D(666.8m)/V(7.63b) * Rd(4.71%) * (1-Tc(0.23)))
Discount Rate = 8.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.16 | Cagr: -1.42%
[DCF] Terminal Value 77.97% ; FCFF base≈240.7m ; Y1≈275.9m ; Y5≈406.1m
[DCF] Fair Price = 130.7 (EV 6.11b - Net Debt 588.2m = Equity 5.52b / Shares 42.3m; r=8.35% [WACC [floored]]; 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=+0.00% | Revisions=-8% | Analysts=11
EPS current Year (2026-12-31): EPS=8.44 | Chg30d=-0.01% | Revisions=-25% | GrowthEPS=+13.8% | GrowthRev=+10.2%
EPS next Year (2027-12-31): EPS=9.58 | Chg30d=-0.05% | Revisions=-25% | GrowthEPS=+13.6% | GrowthRev=+7.2%
[Analyst] Revisions Ratio: -21% (up=4, down=7)