Armstrong World Industries, Inc. (AWI) vs Masco Corporation (MAS)

Armstrong World Industries, Inc. and Masco Corporation are both Building Products & Equipment companies. Masco Corporation is the larger, with a market value of $14.3B against $7.0B — 2.0× the size. Masco Corporation trades at the lower P/E: 16.8× against 23.0×. Armstrong World Industries, Inc. grew revenue faster over the last twelve months: 8.57% against −0.56%. Armstrong World Industries, Inc. has the higher net margin (18.6% vs 11.6%) and the lower return on invested capital (20.6% vs 32.4%). Both pay a dividend; Masco Corporation yields more (1.74% vs 0.81%). Across the 22 metrics below, Masco Corporation leads on 14 and Armstrong World Industries, Inc. on 8.

Valuation

Metric AWI MAS Building Products & Equipment median
P/E 23.04 16.75 23.15
P/S 4.22 1.90 2.02
P/B 8.08 n/m 2.81
Price to free cash flow 28.85 12.72 16.84
EV/EBITDA 13.61 12.85 12.85
EV/Sales 4.48 2.26 2.04
Earnings yield 4.34% 5.97% 2.76%
Free cash flow yield 3.47% 7.86% 4.23%

Profitability

Metric AWI MAS Building Products & Equipment median
Gross margin 40.30% 36.96% 29.19%
Operating margin 25.79% 17.56% 6.99%
Net margin 18.60% 11.60% 4.05%
Free cash flow margin 14.61% 14.96% 7.60%
Return on equity 36.62% 5,893.33% 9.28%
Return on assets 16.30% 16.54% 2.88%
Return on invested capital 20.58% 32.43% 5.16%

Growth

Metric AWI MAS Building Products & Equipment median
Revenue growth (TTM) 8.57% (0.56%) 3.11%
EPS growth (last fiscal year) 17.61% 2.66% (34.13%)
Revenue growth, 5-year CAGR 11.59% 1.02% 5.37%
Net income growth, 5-year CAGR 0.00% (7.79%) 0.00%

Health

Metric AWI MAS Building Products & Equipment median
Debt to equity 0.59 (27.50) 0.43
Current ratio 1.52 1.86 1.82
Net debt to EBITDA 0.59 1.65 0.98

Dividend

Metric AWI MAS Building Products & Equipment median
Dividend yield 0.81% 1.74% 1.43%
Payout ratio 0.19 0.29 0.29

Size

Metric AWI MAS Building Products & Equipment median
Market cap 7.04b 14.31b 1.17b

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