AWI
$168.16+0.94%
Armstrong World Industries IncStock · IndustrialsRussell 3000 0.01%Russell 1000 0.010%US Stock Market 0.009%
AWI financial statements
The full income statement, balance sheet, and cash-flow statement for Armstrong World Industries Inc (AWI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 43.7M2024-09 43.6M2024-12 43.5M2025-03 43.4M2025-06 43.3M2025-09 43.1M2025-12 42.8M2026-03 42.7M2026-06 42.3M-3.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.62B+12.1% | 1.45B+11.6% | 1.30B+5.0% | 1.23B+11.4% | 1.11B+18.1% | |
| 659M+13.3% | 582M+17.0% | 497M+10.7% | 449M+10.7% | 406M+21.8% | ||
| Cost of revenue | 962M+11.3% | 864M+8.3% | 798M+1.8% | 784M+11.8% | 701M+16.1% | |
| Research & development | 16.4M+4.5% | 15.7M+8.3% | 14.5M-2.7% | 14.9M+2.1% | 14.6M-0.7% | |
| Selling, general & administrative | 340M+10.0% | 309M+17.5% | 263M+10.8% | 237M-0.2% | 237M+45.5% | |
| Amortization of intangibles | 25.4M+27.6% | 19.9M+30.1% | 15.3M-6.1% | 16.3M-51.8% | 33.8M+52.9% | |
| Operating income | 431M+15.1% | 374M+15.6% | 324M+16.1% | 279M+7.2% | 260M+2.0% | |
| Interest expense | 33.0M-17.1% | 39.8M+12.7% | 35.3M+30.3% | 27.1M+18.3% | 22.9M-5.0% | |
| Other non-operating income | -200K-300.0% | 100K-80.0% | 500K+150.0% | 200K+0.0% | 200K-80.0% | |
| Equity-method income | 112M+8.6% | 103M+15.8% | 89.3M+15.1% | 77.6M-11.5% | 87.7M+37.0% | |
| Pre-tax income | 400M+15.3% | 347M+16.4% | 298M+15.8% | 258M+6.1% | 243M+291.6% | |
| Income tax | 91.6M+11.4% | 82.2M+10.3% | 74.5M+29.1% | 57.7M+0.5% | 57.4M+234.7% | |
| 309M+16.5% | 265M+18.4% | 224M+10.3% | 203M+10.8% | 183M+284.9% | ||
| Income from continuing operations | — | 265M+18.4% | 224M+12.0% | 200M+7.9% | 185M+320.3% | |
| Discontinued operations | — | 0.00 | 0.00-100.0% | 3.00M+242.9% | -2.10M+86.0% | |
| Net income to common | 309M+16.5% | 265M+18.4% | 224M | — | — | |
| $7.08+17.6% | $6.02+20.6% | $4.99+14.2% | $4.37+14.4% | $3.82+284.5% | ||
| EPS (basic) | $7.13+17.7% | $6.06+21.2% | $5.00+14.2% | $4.38+14.1% | $3.84+285.5% | |
| Weighted-avg shares (basic) | 43.3M-0.9% | 43.7M-2.2% | 44.7M-3.5% | 46.3M-2.7% | 47.6M-0.6% | |
| Weighted-avg shares (diluted) | 43.6M-0.9% | 44.0M-1.8% | 44.8M-3.4% | 46.4M-3.1% | 47.9M+0.0% | |
| Dividends per share | $1.26+10.0% | $1.15+10.2% | $1.04+10.0% | $0.95+10.0% | $0.86+6.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 392M+12.2% | 349M+11.5% | 313M-12.2% | 357M+10.7% | 322M+3.2% | ||
| Cash & equivalents | 113M+42.1% | 79.3M+12.0% | 70.8M-33.2% | 106M+8.1% | 98.1M-28.3% | |
| Accounts receivable | 130M-3.1% | 134M+21.1% | 111M-1.2% | 112M+3.0% | 109M+39.3% | |
| Inventory | 125M+13.5% | 110M+5.6% | 104M-5.5% | 110M+22.0% | 90.2M+10.7% | |
| Prepaid expenses | 22.5M+13.6% | 19.8M+24.5% | 15.9M-4.2% | 16.6M-3.5% | 17.2M+43.3% | |
| Other current assets | 23.9M+11.2% | 21.5M-18.6% | 26.4M+0.4% | 26.3M+13.9% | 23.1M+80.5% | |
| 1.92B+4.4% | 1.84B+10.2% | 1.67B-0.9% | 1.69B-1.3% | 1.71B-0.5% | ||
| Property, plant & equipment | 631M+5.3% | 599M+5.7% | 566M+2.2% | 554M+2.1% | 543M+2.4% | |
| Operating lease right-of-use | 46.4M+26.8% | 36.6M+37.6% | 26.6M+41.5% | 18.8M-10.5% | 21.0M+9.4% | |
| Goodwill | 218M+7.2% | 203M+15.8% | 176M+4.9% | 167M+0.2% | 167M+3.9% | |
| Intangible assets | 425M-6.5% | 455M+10.3% | 412M+1.2% | 408M-3.3% | 421M-7.9% | |
| Other non-current assets | 50.9M+1.6% | 50.1M-2.3% | 51.3M-13.6% | 59.4M+2.6% | 57.9M+0.3% | |
| 267M+7.1% | 250M+28.4% | 195M+6.5% | 183M-12.8% | 210M+21.6% | ||
| Accounts payable | 124M+16.8% | 106M+16.3% | 91.0M-13.3% | 105M-0.8% | 106M+30.1% | |
| Accrued liabilities | 237M+10.1% | 215M+34.6% | 160M-7.3% | 173M-1.4% | 175M+28.1% | |
| Short-term & current debt | 10.3M-54.2% | 22.5M+0.0% | 22.5M | 0.00-100.0% | 25.0M+0.0% | |
| Current lease liability | 10.5M+29.6% | 8.10M+19.1% | 6.80M+15.3% | 5.90M+5.4% | 5.60M+16.7% | |
| Finance lease liability (current) | 6.30M+65.8% | 3.80M+26.7% | 3.00M+36.4% | 2.20M+0.0% | 2.20M+10.0% | |
| Long-term debt | 396M-21.1% | 503M-10.9% | 564M-13.3% | 651M+7.4% | 606M-12.2% | |
| Non-current lease liability | 37.9M+27.6% | 29.7M+45.6% | 20.4M+54.5% | 13.2M-15.4% | 15.6M+6.8% | |
| Operating lease liability (total) | 48.4M+28.0% | 37.8M+39.0% | 27.2M+42.4% | 19.1M-9.9% | 21.2M+9.3% | |
| Finance lease liability (total) | 38.8M+4.9% | 37.0M+40.2% | 26.4M+57.1% | 16.8M-11.6% | 19.0M-8.7% | |
| Finance lease liability | 32.5M-2.1% | 33.2M+41.9% | 23.4M+60.3% | 14.6M-13.1% | 16.8M-10.6% | |
| Deferred tax liabilities | 193M+15.4% | 167M+0.1% | 167M-1.4% | 169M+1.4% | 167M+5.4% | |
| Other non-current liabilities | 33.9M+19.4% | 28.4M+6.0% | 26.8M+3.9% | 25.8M-44.8% | 46.7M-39.0% | |
| Total non-current liabilities | 757M-9.5% | 836M-5.7% | 886M-8.6% | 970M-1.1% | 981M-10.5% | |
| 901M+19.0% | 757M+27.9% | 592M+10.6% | 535M+2.9% | 520M+15.3% | ||
| Common stock | 600K+0.0% | 600K+0.0% | 600K+0.0% | 600K+0.0% | 600K+0.0% | |
| Additional paid-in capital | 617M+2.2% | 604M+2.1% | 592M+3.2% | 574M+2.2% | 561M+1.4% | |
| Retained earnings | 1.81B+16.2% | 1.56B+15.9% | 1.35B+15.1% | 1.17B+15.7% | 1.01B+16.3% | |
| Treasury stock | 1.43B+10.0% | 1.30B+4.5% | 1.24B+12.0% | 1.11B+17.5% | 944M+9.3% | |
| Accumulated other comprehensive income | -103M+6.4% | -110M-5.3% | -105M-4.6% | -100M+8.7% | -110M-0.3% | |
| Total liabilities & equity | 1.92B+4.4% | 1.84B+10.2% | 1.67B-0.9% | 1.69B-1.3% | 1.71B-0.5% | |
| Common shares issued | 63.3M+0.2% | 63.2M+0.2% | 63.1M+0.2% | 62.9M+0.3% | 62.8M+0.3% | |
| Common shares outstanding | 42.9M-1.5% | 43.6M-0.8% | 43.9M-3.7% | 45.6M-3.7% | 47.3M-1.3% | |
| Shares outstanding (cover) | 42.8M-1.4% | 43.5M-0.8% | 43.8M-3.6% | 45.4M-3.5% | 47.1M-1.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 356M+33.2% | 267M+14.3% | 234M+28.0% | 182M-2.6% | 187M-14.4% | ||
| Depreciation & amortization | 120M+16.7% | 103M+15.7% | 89.2M+6.6% | 83.7M-13.3% | 96.5M+14.9% | |
| Intangible amortization | 25.4M+27.6% | 19.9M+30.1% | 15.3M-6.1% | 16.3M-51.8% | 33.8M+52.9% | |
| Share-based compensation | 21.9M+19.7% | 18.3M-2.7% | 18.8M+31.5% | 14.3M+26.5% | 11.3M+66.2% | |
| Deferred income taxes | 24.0M+3328.6% | 700K+177.8% | -900K+25.0% | -1.20M-113.8% | 8.70M+109.7% | |
| Change in inventory | 12.8M+773.7% | -1.90M+68.9% | -6.10M-131.0% | 19.7M+85.8% | 10.6M+37.7% | |
| -3.60M+95.5% | -79.3M-662.5% | -10.4M-136.9% | 28.2M+302.9% | -13.9M+90.1% | ||
| Capital expenditure | 109M+32.1% | 82.8M-1.2% | 83.8M+12.0% | 74.8M-6.3% | 79.8M+44.0% | |
| Free cash flow | 246M+33.8% | 184M+22.9% | 150M+39.1% | 108M+0.2% | 107M-34.3% | |
| Acquisitions | 13.9M-88.7% | 124M+366.0% | 26.5M+846.4% | 2.80M+300.0% | 700K-99.6% | |
| -319M-79.8% | -178M+31.3% | -259M-28.1% | -202M+4.8% | -212M-1671.1% | ||
| Long-term debt issued | 411M | 0.00 | 0.00-100.0% | 450M | 0.00 | |
| Long-term debt repaid | 428M+1800.0% | 22.5M | 0.00-100.0% | 469M+1774.8% | 25.0M+296.8% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 129M+129.0% | 56.3M-57.3% | 132M-20.0% | 165M+106.3% | 80.0M+80.2% | |
| Dividends paid | 55.2M+9.1% | 50.6M+7.9% | 46.9M+6.1% | 44.2M+6.8% | 41.4M+5.6% | |
| Other financing activities | -400K | 0.00 | 0.00 | — | — | |
| FX effect on cash | 800K+157.1% | -1.40M-566.7% | 300K | — | — | |
| Net change in cash | 33.4M+292.9% | 8.50M+124.1% | -35.2M-545.6% | 7.90M+120.4% | -38.8M-142.4% | |
| Interest paid | 29.7M-20.6% | 37.4M+10.3% | 33.9M+26.0% | 26.9M+25.1% | 21.5M-10.8% | |
| Income taxes paid | 69.3M-20.9% | 87.6M+21.5% | 72.1M+14.1% | 63.2M+20.4% | 52.5M+381.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 8.19B+33.3% | 6.14B+41.4% | 4.34B+38.7% | 3.13B-42.7% | 5.47B+53.8% | |
| P/E | 26.5×+14.3% | 23.2×+20.5% | 19.2×+20.4% | 16.0×-46.5% | 29.8× | |
| P/S | 5.1×+18.9% | 4.2×+25.9% | 3.4×+30.5% | 2.6×-47.7% | 4.9×+30.2% | |
| P/B | 9.1×+12.0% | 8.1×+9.4% | 7.4×+23.5% | 6.0×-42.9% | 10.5×+33.4% | |
| P/FCF | 33.3×-0.4% | 33.4×-17.3% | 40.4×+17.8% | 34.3×-32.7% | 50.9×+134.0% | |
| Earnings yield | 3.8%-12.5% | 4.3%-17.0% | 5.2%-16.9% | 6.3%+86.8% | 3.4% | |
| FCF yield | 3.0%+0.4% | 3.0%+20.9% | 2.5%-15.1% | 2.9%+48.6% | 2.0%-57.3% | |
| Dividend yield | 0.66%-18.6% | 0.81%-23.4% | 1.1%-23.2% | 1.4%+86.2% | 0.74%-31.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: AWI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AWI filings on SEC EDGAR → Not investment advice.