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) Return on invested capital

Alert me on Return on invested capital

Armstrong World Industries, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 21.4%, down 0.6 percentage points from fiscal 2025 (22.0%). Over the past ten years it has ranged from 6.34% (fiscal 2015) to 22.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Building Products & Equipment industry median of 5.54% and above the Industrials sector median of 1.86%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 22.0% 3.02
FY2024 18.9% 1.05
FY2023 17.9% 2.08
FY2022 15.8% 0.61
FY2021 15.2% 0.00
FY2020 15.2% (6.13)
FY2019 21.3% (0.33)
FY2018 21.7% 7.92
FY2017 13.7% 1.46
FY2016 12.3% 5.93

Against its own ten years

Low 6.34% High 22.0%
Ten-year median 15.8%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
GFF Griffon Corporation compare 22.1%
AWI Armstrong World Industries, Inc. 21.4%
TREX Trex Company, Inc. compare 13.1%
WMS Advanced Drainage Systems, Inc. compare 11.9%
SPXC SPX Technologies, Inc. compare 7.14%
FBIN Fortune Brands Innovations, Inc. compare 3.35%
LPX Louisiana-Pacific Corporation compare 2.88%
BLDR Builders FirstSource, Inc. compare 2.21%
OC Owens Corning Inc compare 1.80%
Building Products & Equipment industry median 5.54%
Industrials sector median 1.86%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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