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Armstrong World Industries (AWI)

Industrials · Building materials and architectural products · NYSE

A leading designer and manufacturer of innovative commercial and residential ceiling and wall solutions focused on interior architectural finishes.

What Armstrong World Industries does

Armstrong World Industries is a designer and manufacturer of commercial and residential ceiling, wall, and suspension system solutions. The company operates primarily in North America, offering a range of architectural building products and integrated grid systems for interiors. It also operates the Worthington Armstrong Venture (WAVE), a joint venture focused on metal ceiling suspension systems.

Themes: architectural interiors, acoustic performance solutions, commercial construction, building materials, sustainable building products

Fundamentals

  • Price$163.10 as of 2026-10-08 close
  • Market cap$6.9B as of 2026-07-23 (share count; price 2026-10-08)
  • 1-year return-17.8% 2025-10-08 close $198.30 → 2026-10-08 close $163.10
  • P/E22.33 as of 2026-10-08
  • Net margin+19.0% FY2025, SEC XBRL
  • Gross margin+40.6% FY2025, SEC XBRL
  • ROE+34.3% FY2025, SEC XBRL
  • Debt / equity0.60 as of 2026-09-03
  • Revenue growth (YoY)+8.6% as of 2026-09-03
  • Revenue CAGR (3y)+9.5% SEC XBRL
  • Beta0.85 as of 2026-09-03
  • Last reported earnings2026-07-28 SEC EDGAR Form 8-K (Item 2.02)

Dividend: yield +0.9%; at least 8 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.

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How AWI compares in its sector

  • price-to-earnings ratiomiddle range 349 covered Industrials peers, as of 2026-10-08
  • net profit margintop 10% 417 covered Industrials peers, as of 2026-09-03
  • operating margintop 10% 392 covered Industrials peers, as of 2026-09-03
  • gross margintop 25% 253 covered Industrials peers, as of 2026-09-03
  • return on equitytop 10% 432 covered Industrials peers, as of 2026-09-03
  • 3-year revenue CAGRmiddle range 428 covered Industrials peers
  • indicated dividend yieldmiddle range 271 covered Industrials peers, as of 2026-09-03
  • free cash flow (absolute dollars, latest fiscal year)middle range 417 covered Industrials peers, as of FY2025

Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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Top 10 scores & list membership

AWI is not currently in any published Top 10 list. Its scores are below.

Top 10 score

56.6 #377 of 1,379 scored · #50 of 238 in Industrials

  • Profitability87.4
  • Growth53.8
  • Financial health57.8
  • Valuation44.7
  • Capital return65.6
  • Trend31.9

Profitability 87th (return on equity 34.3%, operating margin 26.6%) and capital return 66th (consecutive years of dividend increases 8 years, net share count bought back over the year 0.9); weakest is trend (32nd, a "death cross" — its 50-day average is below its 200-day).

Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.

Dividend coverage (FY2025)

Covered by reported results. In FY2025, AWI's dividend was covered by reported results (earnings payout 18%, free-cash-flow payout 22%). This describes past coverage, not a forecast.

  • Earnings payout18% dividends / net income
  • Free-cash-flow payout22% dividends / (operating cash flow − capex)

Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.

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How Armstrong World Industries looks technically

Armstrong World Industries (AWI) is trading 5.3% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 137 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 45, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 10 trading days ago (its momentum flipped positive). It made a new 20-day low about 17 trading days ago. It is 20.9% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move.

Trend

8
Distance from the 200-dayit is trading 5.3% below its 200-day average, the long-term trend line — a long-term downtrend-5.3%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $171.27$171.27
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $172.27$172.27
Swing structureits recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swingsmixed — one of the two is not confirming
Last swing turnits last significant turn was a swing high 15 calendar days ago — the swings before that are what the structure reading is measured on15 sessions
Wave structureits recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 166.75. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next.possible three-wave upward correction, complete (atypical proportions)
Since the 50/200 crossits 50-day average crossed below its 200-day average about 137 trading days ago — a "death cross", a bearish long-term signal137 sessions
Trend strength (14-day ADX)there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend)18.3

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 45, neither overbought (above 70) nor oversold (below 30)45.4
Position in its 14-day rangeit is trading around the middle of its 14-day range ($159.70 to $166.75) — its "stochastic" reading is 48 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions.48.2
Since the MACD crossed zeroMACD, a trend-momentum gauge, turned bullish about 10 trading days ago (its momentum flipped positive)10 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $206.08$206.08
From the 52-week highit is 20.9% below its 52-week high (its highest price of the past year)-20.9%
Above the 52-week lowit is 8.5% above its 52-week low (its lowest price of the past year)+8.5%
Below the 52-week highit is 20.9% below its highest point of the past year20.9%
Since a 20-day breakoutit made a new 20-day low about 17 trading days ago17 sessions
Since a 55-day breakoutit made a new 55-day high about 42 trading days ago42 sessions
All-time highits highest closing price on record is $206.08 (set on 2025-10-27)$206.08
Given back of the 52-week moveover the past year its closes ranged ($151.43 to $203.71), and it has recovered roughly a quarter of its fall from last year’s high — 22% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $183.74 to $185.41. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.22.3%
From the all-time highit is 20.9% below its all-time high-20.9%
Nearest price levelit is sitting right on a support level at $162.47 — a price it turned at 9 times since 2024-11-25, most recently on 2026-07-17. Since 2024-10-08 it has 4 such levels below the current price and 7 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.-0.4%
All-time lowits lowest closing price on record is $9.42 (set on 2009-03-09)$9.42
Above the all-time lowit is 1631.4% above its all-time low+1,631%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move1st percentile
Typical daily rangein a typical session it travels about $3.75 between its high and its low — about 2.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was$3.75
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $158.66 and $165.90 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles$158.66 – $162.28 – $165.90
Typical daily range (% of price)its price moves about 2.3% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price2.3%
Stretch from the 200-day averageit is trading 2.4 daily ranges below its 200-day average price (5.3% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale2.4 daily ranges below its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is about normal versus its 30-day average0.91×

Analyst

2
Change in the average price targetanalysts' average price target is unchanged from the prior reading0.0%
Change in the consensus ratingthe analyst consensus rating is unchanged since the prior readingunchanged

Candlestick patterns

2
Since a doji1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level1 session ago
Since a bullish engulfingtoday it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before ittoday

Price gaps

3
Gap at the openit opened on 2026-10-08 1.5% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close-1.5%
Open gapit gapped 2.6% above the previous close 55 sessions ago and has not traded back through the level it left behind at 151.43 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed+2.6%
Gap filleda 2.3% gap up opened on 2026-09-22 has been "filled" 12 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it12 sessions ago

Price streaks

1
Closing streakit closed higher in its latest session, after a session that did not close higher — a single up day rather than a run1 session up

Relative strength

4
vs market, 1 monthover the past 1 month this stock lagged the market by 5.3 percentage points (the stock lost 4.3% while the market gained 1.0%)-5.3%
vs market, 3 monthsover the past 3 months this stock beat the market by 3.5 percentage points (the stock gained 7.4% while the market gained 3.8%)+3.5%
vs market, 6 monthsover the past 6 months this stock lagged the market by 19.3 percentage points (the stock lost 1.8% while the market gained 17.5%)-19.3%
vs market, 12 monthsover the past 12 months this stock lagged the market by 32.7 percentage points (the stock lost 17.8% while the market gained 15.0%)-32.7%

Signal agreement

2
Bullish technical signals1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast1 of 9
Bearish technical signals4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast4 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading 4.0% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 4.1% of the share price.-4.0%

Volume-weighted price

2
Vs this year’s average price paidthe price is 5% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $171.64 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP.-5.0%
Vs the average paid since it last reportedthe price is 5% below the average price paid since it last reported on 2026-07-28 (its 10-Q), so the typical buyer over that stretch is under water. That average is $172.18 — a volume-weighted average of daily closes over 52 sessions, not a true tick-by-tick VWAP.-5.3%

Head and shoulders, bearish — forming · entry $160.52 · 59 sessions in

Price levels it has turned at before

AWI last closed at $163.10 on 2026-10-08. Since 2024-10-08 it has turned at 4 prices below its last close and 7 above; the 3 nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$162.47Support0.4% below the last closeturned there 9 times · 2024-11-25 to 2026-07-17
$157.95Support3.2% below the last closeturned there five times · 2024-11-13 to 2026-10-01
$170.80Resistance4.7% above the last closeturned there three times · 2025-06-27 to 2026-03-18
$150.48Support7.7% below the last closeturned there 10 times · 2024-11-19 to 2026-07-21
$182.01Resistance11.6% above the last closeturned there four times · 2025-12-09 to 2026-08-26
$188.19Resistance15.4% above the last closeturned there four times · 2025-08-11 to 2026-08-07

A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.

Wave structure

Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.

This labelling fails — stops being a possible reading at all — if it closes above $166.75.

It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.

This reading has stood for 7 trading days, since 2026-09-30.

Read from daily closes as of 2026-10-08.

An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.

Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.

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Analyst consensus

  • Consensus ratingBuy (1.70 mean, 1=Strong Buy…5=Strong Sell) — 11 analysts
  • Mean price target$210.18 range $190.00 – $230.00; median $212.00

Analyst estimates, as of 2026-10-06. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for AWI

  • Consensus EPS estimate$2.39 next reporting period, as of 2026-10-06
  • Estimate change, 30 days$0.00 (0.0%) from $2.39, on 2026-09-01, 35-day window
  • Readings revised upward13% of 8 comparable readings

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Dependence on North American construction activity and cyclical economic conditions.","Volatility in the availability and costs of manufacturing inputs, raw materials, and energy.","Significant reliance on the financial contribution of the Worthington Armstrong Venture (WAVE) joint venture."]

See AWI's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of AWI's 10-Q filed 2026-07-28 against the prior one filed 2026-04-28.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Newer filing (2026-07-28) states manufacturing plant count is as of June 30, 2026; older filing (2026-04-28) states plant count as of March 31, 2026.
    • Newer filing (2026-07-28) includes discussion of sales volumes for the three months ended June 30, 2026 ($31 million increase, including $15 million organic Architectural Specialties, $11 million inorganic from Eventscape, Parallel, and Geometrik, and $5 million Mineral Fiber).
    • Newer filing (2026-07-28) includes discussion of sales volumes for the six months ended June 30, 2026 ($47 million increase, including $24 million organic Architectural Specialties and $17 million inorganic, with text truncated).
    • Newer filing (2026-07-28) references monitoring 'the ongoing conflict in Iran'; older filing (2026-04-28) references 'the conflict in Iran'.
  • Removed:
    • Older filing (2026-04-28) includes statement that no monitored governmental trade policy or geopolitical event, including the conflict in Iran, had a material direct impact on financial condition, liquidity or results of operations in the first three months of 2026 or 2025; newer filing (2026-07-28) rephrases to first six months of 2026 or 2025.
    • Older filing (2026-04-28) includes discussion of sales volumes for the three months ended March 31, 2026 ($17 million increase, including $10 million organic Architectural Specialties, $5 million inorganic from Eventscape, Parallel, and Geometrik, and $2 million Mineral Fiber); newer filing (2026-07-28) replaces this with first-quarter discussion updated to second-quarter and six-month period.
  • Reworded:
    • Newer filing (2026-07-28) describes Architectural Specialties performance attributes as including 'energy efficiency'; older filing (2026-04-28) uses 'energy conservation' instead.
    • Newer filing (2026-07-28) states Architectural Specialties products are 'sold mostly to direct customers'; older filing (2026-04-28) states they are 'sold primarily to direct customers'.
    • Newer filing (2026-07-28) defines organic results as 'consolidated and/or Architectural Specialties results excluding the impacts of the Eventscape, Parallel and Geometrik acquisitions' and defines inorganic as 'the impacts of Eventscape, Parallel and Geometrik'; older filing (2026-04-28) defines organic as 'consolidated and/or Architectural Specialties results excluding the impacts of the Eventscape, Parallel and Geometrik acquisitions' and defines the impacts as inorganic, with slightly different phrasing.
    • Newer filing (2026-07-28) states governmental trade policies and geopolitical events 'did not have a material direct impact on our financial condition, liquidity or results of operations in the first six months of 2026 or 2025'; older filing (2026-04-28) states 'none of which had a material direct impact ... in the first three months of 2026 or 2025'.
  • Notes:
    • The newer filing text is truncated at 'a $17 million' in the six-month sales volume discussion, limiting full comparison of that paragraph.
    • Only the MD&A section text was provided for comparison; other sections of the filings were not assessed.

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

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Insider activity (SEC Form 4)

No open-market insider purchases or sales are on record for AWI — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.

View full insider trading history → View SEC Form 3/4/5 filings

Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

U.S. House trading disclosures

U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 2 matched disclosures for AWI from U.S. House Clerk Periodic Transaction Report filings.

U.S. House trading disclosures →

Institutional ownership (13F)

6 institutional 13F filers reported holding AWI as of 2026-06-30 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 6
  • Reported shares held 9,273,567
  • Reported value $1,487,641,546

reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 2 increased, 4 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

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Short interest (FINRA)

AWI had 1,515,301 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).

AWI had 3.59% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.27 days to cover at the same settlement.

  • Reported short interest (shares) 1,515,301
  • Short interest (% of shares outstanding) 3.59%
  • Prior settlement (shares) 1,445,922
  • Reported change 4.8%
  • Days to cover (reported) 4.27

Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

  • USG Corporation (Knauf)
  • CertainTeed (Saint-Gobain)
  • Rockfon (ROCKWOOL)
  • Hunter Douglas
  • Chicago Metallic (Rockfon)

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Armstrong World Industries is found in…

Frequently asked questions

What does Armstrong World Industries (AWI) do?

Armstrong World Industries is a designer and manufacturer of commercial and residential ceiling, wall, and suspension system solutions. The company operates primarily in North America, offering a range of architectural building products and integrated grid systems for interiors. It also operates the Worthington Armstrong Venture (WAVE), a joint venture focused on metal ceiling suspension systems.

What sector is Armstrong World Industries (AWI) in?

Armstrong World Industries (AWI) is classified in the Industrials sector. Its industry is Building materials and architectural products. It trades on NYSE.

Does AWI pay a dividend?

Yes — Armstrong World Industries (AWI) pays a dividend, with an indicated yield of about 0.85% and at least 8 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.

Who are Armstrong World Industries's (AWI) competitors?

Notable peers of Armstrong World Industries (AWI) include USG Corporation (Knauf), CertainTeed (Saint-Gobain), Rockfon (ROCKWOOL), Hunter Douglas and Chicago Metallic (Rockfon). This peer set is informational only — not financial advice.

Has there been recent U.S. House stock trading in AWI?

Yes — we hold 2 matched STOCK Act disclosures for AWI from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.

Is Armstrong World Industries (AWI) overbought or oversold right now?

Armstrong World Industries (AWI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 45, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on AWI come from?

Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-10-08.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.