(AWI) Armstrong World Industries - Overview
Stock: Ceilings, Walls, Grid, Suspension Systems, Mineral Fiber
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.75% |
| Yield on Cost 5y | 1.60% |
| Yield CAGR 5y | 10.05% |
| Payout Consistency | 47.1% |
| Payout Ratio | 21.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 23.8% |
| Relative Tail Risk | -10.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.00 |
| Alpha | 17.17 |
| Character TTM | |
|---|---|
| Beta | 0.844 |
| Beta Downside | 0.884 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.15% |
| CAGR/Max DD | 1.61 |
Description: AWI Armstrong World Industries January 06, 2026
Armstrong World Industries (NYSE: AWI) designs, manufactures, and sells a broad portfolio of ceiling and wall solutions across the Americas, operating through its Mineral Fiber and Architectural Specialties segments. Its product mix includes mineral-fiber, fiberglass, metal, wood, felt, resin, wood-fiber, and glass-reinforced gypsum components, as well as ceiling grids, perimeters, trims, and specialty interior/exterior applications for commercial and residential construction and renovation markets.
In FY 2023 the company reported roughly $2.4 billion in revenue with an adjusted operating margin near 12% and a net income of $140 million, while maintaining a debt-to-equity ratio of about 1.1 ×. Key drivers for AWI include U.S. commercial construction spending (which has been trending upward ≈ 3% YoY in 2023), the remodeling boom fueled by higher home-ownership rates, and the ongoing demand for acoustic and fire-rated ceiling systems that benefit from tighter building codes. Conversely, rising interest rates and supply-chain bottlenecks in raw materials (e.g., gypsum) introduce downside risk to margins.
For a deeper quantitative view, you might explore the AWI valuation metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 9.5
| Net Income: 305.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 3.36 > 1.0 |
| NWC/Revenue: 8.41% < 20% (prev 10.02%; Δ -1.61% < -1%) |
| CFO/TA 0.18 > 3% & CFO 332.1m > Net Income 305.4m |
| Net Debt (19.8m) to EBITDA (544.4m): 0.04 < 3 |
| Current Ratio: 1.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.6m) vs 12m ago -0.68% < -2% |
| Gross Margin: 40.50% > 18% (prev 0.40%; Δ 4010 % > 0.5%) |
| Asset Turnover: 86.56% > 50% (prev 77.07%; Δ 9.49% > 0%) |
| Interest Coverage Ratio: 11.97 > 6 (EBITDA TTM 544.4m / Interest Expense TTM 35.7m) |
Altman Z'' 6.79
| A: 0.07 (Total Current Assets 395.7m - Total Current Liabilities 261.1m) / Total Assets 1.89b |
| B: 0.93 (Retained Earnings 1.76b / Total Assets 1.89b) |
| C: 0.23 (EBIT TTM 427.2m / Avg Total Assets 1.85b) |
| D: 1.65 (Book Value of Equity 1.65b / Total Liabilities 1.00b) |
| Altman-Z'' Score: 6.79 = AAA |
Beneish M -2.93
| DSRI: 1.05 (Receivables 161.8m/134.4m, Revenue 1.60b/1.39b) |
| GMI: 0.99 (GM 40.50% / 40.08%) |
| AQI: 0.96 (AQ_t 0.43 / AQ_t-1 0.45) |
| SGI: 1.15 (Revenue 1.60b / 1.39b) |
| TATA: -0.01 (NI 305.4m - CFO 332.1m) / TA 1.89b) |
| Beneish M-Score: -2.93 (Cap -4..+1) = A |
What is the price of AWI shares?
Over the past week, the price has changed by +7.90%, over one month by +1.47%, over three months by +5.97% and over the past year by +30.42%.
Is AWI a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the AWI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 211.1 | 6.5% |
| Analysts Target Price | 211.1 | 6.5% |
| ValueRay Target Price | 247.1 | 24.6% |
AWI Fundamental Data Overview February 07, 2026
P/E Forward = 23.2558
P/S = 5.2374
P/B = 9.2639
P/EG = 1.66
Revenue TTM = 1.60b USD
EBIT TTM = 427.2m USD
EBITDA TTM = 544.4m USD
Long Term Debt = 386.4m USD (from longTermDebt, last quarter)
Short Term Debt = 38.5m USD (from shortTermDebt, last quarter)
Debt = 109.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 19.8m USD (from netDebt column, last quarter)
Enterprise Value = 8.40b USD (8.38b + Debt 109.9m - CCE 90.1m)
Interest Coverage Ratio = 11.97 (Ebit TTM 427.2m / Interest Expense TTM 35.7m)
EV/FCF = 34.76x (Enterprise Value 8.40b / FCF TTM 241.7m)
FCF Yield = 2.88% (FCF TTM 241.7m / Enterprise Value 8.40b)
FCF Margin = 15.10% (FCF TTM 241.7m / Revenue TTM 1.60b)
Net Margin = 19.09% (Net Income TTM 305.4m / Revenue TTM 1.60b)
Gross Margin = 40.50% ((Revenue TTM 1.60b - Cost of Revenue TTM 952.1m) / Revenue TTM)
Gross Margin QoQ = 41.98% (prev 41.40%)
Tobins Q-Ratio = 4.44 (Enterprise Value 8.40b / Total Assets 1.89b)
Interest Expense / Debt = 7.46% (Interest Expense 8.20m / Debt 109.9m)
Taxrate = 21.19% (23.2m / 109.5m)
NOPAT = 336.7m (EBIT 427.2m * (1 - 21.19%))
Current Ratio = 1.52 (Total Current Assets 395.7m / Total Current Liabilities 261.1m)
Debt / Equity = 0.12 (Debt 109.9m / totalStockholderEquity, last quarter 889.2m)
Debt / EBITDA = 0.04 (Net Debt 19.8m / EBITDA 544.4m)
Debt / FCF = 0.08 (Net Debt 19.8m / FCF TTM 241.7m)
Total Stockholder Equity = 819.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 16.52% (Net Income 305.4m / Total Assets 1.89b)
RoE = 37.27% (Net Income TTM 305.4m / Total Stockholder Equity 819.4m)
RoCE = 35.43% (EBIT 427.2m / Capital Employed (Equity 819.4m + L.T.Debt 386.4m))
RoIC = 25.82% (NOPAT 336.7m / Invested Capital 1.30b)
WACC = 8.99% (E(8.38b)/V(8.49b) * Re(9.03%) + D(109.9m)/V(8.49b) * Rd(7.46%) * (1-Tc(0.21)))
Discount Rate = 9.03% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.68%
[DCF Debug] Terminal Value 78.11% ; FCFF base≈212.9m ; Y1≈262.6m ; Y5≈447.2m
Fair Price DCF = 145.4 (EV 6.29b - Net Debt 19.8m = Equity 6.27b / Shares 43.1m; r=8.99% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 3.54 | EPS CAGR: -43.29% | SUE: -4.0 | # QB: 0
Revenue Correlation: 92.07 | Revenue CAGR: 11.52% | SUE: 0.24 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.90 | Chg30d=+0.005 | Revisions Net=+1 | Analysts=10
EPS next Year (2026-12-31): EPS=8.44 | Chg30d=+0.000 | Revisions Net=+5 | Growth EPS=+12.8% | Growth Revenue=+6.9%