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MARKETS / NYSE / AWI
NYSE · PLASTICS PRODUCTS, NEC · LARGE CAP

Armstrong World Industries Inc. AWI

17 fiscal years on record · USD · FY2025 reported · SEC filings only
7 YEARS OF DIVIDEND GROWTH
$1.6B
▲ 12.1% YoY
$308.7M
▲ 16.5% YoY
$246.1M
▲ 33.7% YoY
In brief

What this company does

Armstrong World Industries designs and manufactures interior and exterior architectural applications, including ceilings, specialty walls and exterior metal solutions. As of December 31, 2025 and 2024, the company had approximately 3,800 and 3,600 full-time and part-time employees, respectively. In 2025, approximately 63% of its consolidated net sales were to building materials distributors. It primarily serves markets in the United States, Canada and Latin America. The company organizes its operations into three segments: Mineral Fiber, Architectural Specialties and Unallocated Corporate. Its Mineral Fiber segment produces suspended mineral fiber and fiberglass ceiling systems, sold primarily to resale distributors, ceiling systems contractors and wholesalers, and retailers. Its Architectural Specialties segment designs, produces and sources specialty ceilings, walls, and other interior and exterior architectural applications primarily for use in commercial settings, sold primarily to direct customers, ceiling systems contractors, and resale distributors. AWI is a Pennsylvania corporation incorporated in 1891.

Written from the business description in ARMSTRONG WORLD INDUSTRIES, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.6B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.6 · Net income 0.3
1B2B200920112013201520172019202120232025
Compound annual growth
+9.5%
+11.6%
+7.2%
−3.2%
+15.0%
+12.6%
+24.9%
+17.4%
+15.5%
+27.3%
+10.1%
+9.3%
−14.7%
−3.9%
+18.5%
+65.4%
−9.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +11.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
19 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 26.6% · Net 19.0%
10%20%30%-5%-10%200920112013201520172019202120232025
ROE
FY2025 · ROE 37.2%
20%40%60%-10%-20%200920112013201520172019202120232025

Each USD of equity produced 37 cents of profit this year.

Cash & shareholders
USD 184.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 246.1
100M200M-20M-40M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 55.2 · Net buybacks 128.9
400MDividendsNet buybacks200920112013201520172019202120232025

USD 55.2M in dividends and USD 128.9M in buybacks — 60% of the year's profit went back to shareholders.

Total assetsUSD 1.9B
EquityUSD 900.7M
CashUSD 112.7M
Gross debtUSD 406.7M
Net debtUSD 294.0M
Current ratio1.46×

Net debt stands at 33% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.61.41.31.21.10.91.01.00.90.80.81.32.52.42.72.62.8
Operating income $B0.40.40.30.30.30.30.30.20.20.20.20.20.30.30.20.10.1
EBITDA $B0.60.50.40.40.40.30.40.30.30.30.30.30.40.40.40.20.2
Income tax $B0.10.10.10.10.1−0.00.10.10.00.10.00.10.10.10.10.1−0.0
Net income $B0.30.30.20.20.2−0.10.20.20.10.10.10.10.10.10.10.00.1
Free cash flow $B0.20.20.10.10.10.20.10.10.1−0.10.0−0.00.00.00.00.10.2
EPS, diluted $7.086.024.994.373.82−2.074.323.562.211.871.681.141.602.191.900.191.36
Dividend / sh $1.261.151.040.950.860.810.720.17·····8.55·13.74·
Payout %1819212223−40175··121386072602
ROE %37.239.339.738.537.7−24.372.660.936.820.213.39.613.514.210.10.74.1
Shares out B0.040.040.040.050.050.050.050.050.050.050.060.060.050.06···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPlastics Products, NEC
Listed onNYSE
Incorporated inPennsylvania
Fiscal year endsDecember 31
Data on record since2009

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