Armstrong World Industries (AWI)
Industrials · Building products and architectural materials
Americas-leading designer and manufacturer of suspended ceiling systems, specialty interior and exterior architectural products serving commercial and residential construction markets.
What Armstrong World Industries does
Armstrong World Industries manufactures and sources innovative interior and exterior architectural products, primarily suspended mineral fiber and fiberglass ceiling systems, specialty ceilings, walls, and exterior metal solutions. The company serves commercial and residential markets through resale distributors, ceiling contractors, wholesalers, and large retailers. It also holds a 50% equity stake in WAVE, a joint venture with Worthington Enterprises that manufactures ceiling suspension systems and grid products.
Themes: ["suspended ceiling systems","commercial architecture","acoustic solutions","energy efficiency / sustainability","building interiors","exterior architectural metal solutions"]
Fundamentals
- Price$154.09 as of 2026-07-09 close
- Market cap$6.5B as of 2026-07-10
- 1-year return-8.9% as of 2026-07-09 close
- P/E21.14 as of 2026-07-10
- Net margin+18.6% as of 2026-07-10
- Gross margin+40.3% as of 2026-07-10
- ROE+34.8% as of 2026-07-10
- Debt / equity0.58 as of 2026-07-10
- Revenue growth (YoY)+9.7% as of 2026-07-10
- Revenue CAGR (3y)+9.5% SEC XBRL
- Beta1.19 as of 2026-07-10
Dividend: yield +0.9%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on North American construction activity and broader economic conditions; market competition and continued customer consolidation","Availability and costs of manufacturing inputs, sourcing disruptions, tariffs, and inflationary pressures affecting supply chain","Execution risks on strategic initiatives including product innovation, digitalization investments, and integration of recent acquisitions (Parallel and Geometrik)"]
Competitors & peers
- USG Boral (UMG)
- Knauf (private)
- Rockwool (ROCKW)
- Saint-Gobain (SGONF)
- Holcim (HLMM)
- Owens Corning (OC)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.