profit from every $100 of sales.
$0$100
Armstrong World Industries
$176.62-0.22% today
-6.4% in 1 year
1-year low $151.431-year high $203.15
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $23.93 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Armstrong World Industries sold, what it kept, and what it did with the cash.
Sales went from $1.23 billion in 2022 to $1.62 billion in 2025, with $309 million of profit last year.
SalesProfit
Armstrong World Industries handed back 26% of the cash it generated last year.
$55M
Free cash flow 2025$246M
Bought back its own shares$9M
Paid as dividends$55M
Cash vs. debt$113M vs. $494M
Armstrong World Industries vs. similar companies
Armstrong World Industries grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Armstrong World Industries | 23.9× · Fair price | ||
 Carlisle Companies | 20.7× · Fair price | ||
 Lennox International | 14.9× · Cheap | ||
 Builders FirstSource | 15.4× · Fair price | ||
 Apogee Enterprises | 18.5× · Fair price |
AI analysis
An AI analyst reads Armstrong World Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 937 | 1,107 | 1,233 | 1,295 | 1,446 | 1,621 | |
| 333 | 406 | 449 | 497 | 582 | 659 | |
| – | – | 212 | 235 | 273 | 319 | |
| -19 | 362 | 368 | 423 | 490 | 554 | |
| -99 | 183 | 203 | 224 | 265 | 309 | |
| -2.07 | 3.82 | 4.37 | 4.99 | 6.02 | 7.08 | |
| 35.6% | 36.7% | 36.4% | 38.4% | 40.2% | 40.6% | |
| – | – | 17.2% | 18.1% | 18.9% | 19.7% | |
| -10.6% | 16.6% | 16.5% | 17.3% | 18.3% | 19.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 1,719 | 1,710 | 1,687 | 1,672 | 1,843 | 1,925 |
| Cash | 137 | 98 | 106 | 71 | 79 | 113 |
| Total debt | – | – | 687 | 640 | 600 | 494 |
| Total liabilities | – | – | 1,152 | 1,081 | 1,086 | 1,024 |
| 451 | 520 | 535 | 592 | 757 | 901 | |
| 48 | 48 | 46 | 45 | 44 | 44 | |
| -18.0% | 40.4% | 18.4% | 21.4% | 22.5% | 24.5% | |
| -22.0% | 35.3% | 37.9% | 37.8% | 35.0% | 34.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 219 | 187 | 182 | 234 | 267 | 356 | |
| 55 | 80 | 75 | 84 | 83 | 109 | |
| 163 | 107 | 108 | 150 | 184 | 246 | |
| Dividends paid | 39 | 41 | 44 | 47 | 51 | 55 |
| – | – | 167 | 2 | 5 | 9 | |
| 7 | 11 | 14 | 19 | 18 | 22 |
Valuation
- 23.9×
- 21.3×
- –
- 7.4×
- 4.6×
- 30.0×
- 14.0×
- 3.3%
- 4.2%
- 0.9%
Profitability
- 40.6%
- 19.7%
- 19.0%
- 35.1%
- 19.9%
- 18.2%
- 34.8%
- 15.4%
- 26.3%
- –
Growth
- +11.6%
- –
- +33.8%
- +9.3%
- −2.2%
Financial health
- 0.8×
- 0.64
- 28.7%
- 14.1×
- 1.54
- 1.04
- 0.83
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 6%of 982
Top 11%of 989
Bottom 46%of 870
Top 29%of 986
Bottom 49%of 988
What analysts expect
- Average price target
- $197.50
- Range
- $195.00 – $200.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 1.69 | 1.82 | −7.1% |
| Feb 24, 2026 | 1.61 | 1.67 | −3.6% |
| Oct 28, 2025 | 2.05 | 1.99 | +3.0% |
| Jul 29, 2025 | 2.09 | 1.75 | +19.4% |
| Apr 29, 2025 | 1.66 | 1.55 | +7.1% |
| Feb 25, 2025 | 1.50 | 1.37 | +9.5% |
| Oct 29, 2024 | 1.81 | 1.75 | +3.4% |
| Jul 30, 2024 | 1.62 | 1.55 | +4.5% |
0.9%of the share price, paid each year
On $1,000 invested$9a year at today's yield, before tax
+9.3%2020 to 2025
Raised7 yearsin a row, in our data
Paid per share, each year
$0.18 in 2018 → $1.26 in 2025
How safe it looks
17.9% of its profit
Room to growStretchedMore than it earns: 22.4%
News
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Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
71Pass
Benjamin Graham
55No pass
Philip Fisher
70Pass
Peter Lynch
78Pass
Joel Greenblatt
46No pass
Charlie Munger
75Pass
Terry Smith
68Pass
Questions about Armstrong World Industries
Is Armstrong World Industries a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Armstrong World Industries AI analysis
What does Armstrong World Industries do?
Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. It is in Construction, based in Lancaster, PA, United States, with 4,000 employees.
Does Armstrong World Industries pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 18% of its yearly profit. In 2025 it paid out $55.2 million in dividends.
Is Armstrong World Industries stock halal?
Yes. Armstrong World Industries passes our halal screen: its business is permitted and its debt is 7% of its market value, under the 30% limit. How we check
How has Armstrong World Industries stock done over the past year?
Down 6.4% over the past twelve months, to $176.62. It traded between $151.43 and $203.15 and is 13.1% below its high.
Who are Armstrong World Industries's competitors?
The largest listed companies in the same industry are Carlisle Companies, Lennox International, Builders FirstSource and Apogee Enterprises. The peers table on this page compares their profit, growth and price with Armstrong World Industries's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.