(AWI) Armstrong World Industries - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US04247X1028

Stock: Ceilings, Walls, Grid, Suspension Systems, Mineral Fiber

Total Rating 63
Risk 88
Buy Signal 0.04

EPS (Earnings per Share)

EPS (Earnings per Share) of AWI over the last years for every Quarter: "2020-12": 0.77, "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": 0,

Revenue

Revenue of AWI over the last years for every Quarter: 2020-12: 238.7, 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: null,

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?

As of February 07, 2026, the stock is trading at USD 198.25 with a total of 517,633 shares traded.
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?

Armstrong World Industries has received a consensus analysts rating of 3.71. Therefor, it is recommend to hold AWI.
  • 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 Trailing = 27.4031
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%

Additional Sources for AWI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle