Armstrong World Industries, Inc.

AWI Industrials Building Products & Equipment

Armstrong World Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 12.1% from fiscal 2024.

Revenue
+11.9%
EPS
+10.3%
Free cash flow
−29.4%
Total debt
+13.2%

Quarter to September 2026, against a year earlier

170.97 4.98 −2.83%
Market cap
$7.1B
P/E
22.8×
Fwd P/E
21.0×
Dividend yield
0.81%
F-score
9/9
Altman Z
7.83
Beneish M
−2.61
Dividend safety
85/100

Armstrong World Industries, Inc. (AWI) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Armstrong World Industries, Inc. (AWI) trades at a P/B ratio of 8.1×. Over the past ten years it has ranged from 2.6× (February 2016) to 20.2× (July 2019); the current reading is higher than 41% of that period. That is above the Building Products & Equipment industry median of 2.9× and above the Industrials sector median of 2.2×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 9.2× 12.62%
FY2024 8.2× 10.68%
FY2023 7.4× 22.49%
FY2022 6.0× (43.42%)
FY2021 10.6× 34.58%
FY2020 7.9× (36.99%)
FY2019 12.5× (5.08%)
FY2018 13.2× 69.02%
FY2017 7.8× (9.88%)
FY2016 8.7× 162.78%

Quarterly newest first

Period P/B ratio Change
Sep 2026 7.6× (1.07%)
Jun 2026 7.7× (2.40%)
Mar 2026 7.9× (14.01%)
Dec 2025 9.2× (3.53%)
43 more quarters

Against its own ten years

Low 2.6× High 20.2×
Ten-year median 8.4×
Current reading's percentile 36

P/B ratio against peers

Company P/B ratio
BLDR Builders FirstSource, Inc. compare 1.7×
FBIN Fortune Brands Innovations, Inc. compare 2.4×
SPXC SPX Technologies, Inc. compare 2.9×
OC Owens Corning Inc compare 3.0×
LPX Louisiana-Pacific Corporation compare 3.1×
WMS Advanced Drainage Systems, Inc. compare 5.2×
TREX Trex Company, Inc. compare 5.7×
AWI Armstrong World Industries, Inc. 8.1×
GFF Griffon Corporation compare 35.0×
Building Products & Equipment industry median 2.9×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on AWI