
Armstrong World Industries Financial Ratios 2025-2008 | AWI
Brief overview of Armstrong World Industries's multiples and efficiency
Ratios are assessed across five available annual reports in the 2021–2025 interval.
The current valuation set is P/E 24.56x (median 24.56x), EV/EBITDA 15.08x (median 15.39x), P/S 4.68x (median 4.64x). On average, multiples differ from their five-year medians by only 0%. Valuation is near its familiar historical range.
Earnings yield calculated as 1/P/E is about 4.1%, showing current profit per unit of share price.
The latest available business-quality ratios are ROE 34.3%, ROA 16%, ROCE 26%. Business quality is high on return ratios, supporting the ability to create value.
Price, earnings and growth produce a PEG of 1.94x. A high value reduces the cushion if growth slows.
The cash conversion cycle is 30.8 days versus 26.9 days initially. Turnover changed little.
Overall assessment
Armstrong World Industries's multiples form a balanced picture without a clear discount or premium. Future appeal depends on earnings and return trends.
Annual Financial Ratios Armstrong World Industries
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
24.6 | 25.3 | 23.4 | 17.9 | 30.0 | -35.4 | 22.8 | 18.4 | 21.8 | 20.8 | 22.8 | 43.7 | 34.3 | 24.6 | 24.4 | 184.7 | 14.4 | - |
P/S |
4.7 | 4.6 | 4.0 | 2.9 | 5.0 | 3.7 | 4.7 | 3.5 | 3.8 | 1.8 | 0.9 | 1.1 | 1.2 | 1.2 | 1.0 | - | - | - |
EPS |
7.1 | 6.1 | 5 | 4.4 | 3.8 | -2.1 | 4.4 | 3.6 | 2.2 | 1.9 | 1.7 | 1.1 | 1.6 | 2.2 | 1.9 | 0.2 | 1.4 | - |
EV (Enterprise Value) |
7.47 B | 6.63 B | 5.16 B | 3.53 B | 5.4 B | 3.37 B | 5.97 B | 4.7 B | 4.67 B | 3.53 B | 3.86 B | 4.56 B | 5.36 B | 5.03 B | 4.13 B | 1.72 B | 553 M | -355 M |
EBITDA per Share |
12.7 | 10.9 | 9.24 | 7.83 | 7.49 | 7.07 | 6.1 | 4.95 | 5.2 | 4.25 | 4.94 | 5.71 | 4.98 | 5.56 | 6.21 | 4 | 4.18 | - |
EV/EBITDA |
13.5 | 13.9 | 12.5 | 9.7 | 15.1 | 16.8 | 18.6 | 15.4 | 14.6 | 12.4 | 10.6 | 11.6 | 14.5 | 12.1 | 8.6 | 7.4 | 2.3 | - |
PEG |
1.94 | 2.02 | 1.73 | 2.0 | 2.39 | -4.13 | 0.96 | 0.74 | 0.41 | 1.85 | 0.49 | -1.51 | -1.29 | 1.57 | 0.03 | - | - | - |
P/B |
3.9 | 3.6 | 3.1 | 2.2 | 3.2 | 2.0 | 13.4 | 13.1 | 8.0 | 8.2 | 2.8 | 4.3 | 4.8 | 4.5 | 2.4 | 0.7 | - | - |
P/CF |
21.3 | 25.1 | 22.4 | 19.9 | 29.4 | 16.0 | 43.8 | 26.0 | 41.8 | -39.8 | 65.1 | -197.8 | - | 152.5 | 44.5 | 10.6 | 4.3 | - |
ROE % |
34.27 | 34.99 | 37.82 | 37.93 | 35.25 | -21.98 | 58.78 | 71.17 | 36.92 | 39.30 | 12.25 | 9.83 | 13.98 | 18.26 | 9.95 | 1.01 | 4.07 | - |
ROA % |
16.04 | 14.38 | 13.38 | 12.03 | 10.71 | -5.77 | 14.36 | 9.92 | 8.26 | 5.96 | 3.50 | 2.45 | 3.23 | 4.60 | 3.75 | 0.38 | - | - |
ROCE % |
26.00 | 23.50 | 21.90 | 18.52 | 17.33 | 16.48 | 16.50 | 13.18 | 11.73 | 9.52 | 6.90 | 8.33 | 7.14 | 8.70 | 9.51 | 3.45 | 4.75 | - |
Current Ratio |
- | - | - | - | - | - | 1.6 | 1.4 | 2.4 | 1.8 | 2.0 | 2.1 | 2.2 | 2.7 | 3.1 | - | - | - |
DSO |
29.8 | 31.0 | 31.5 | 32.8 | 30.9 | 31.8 | 40.5 | 30.5 | 49.6 | 39.8 | 29.5 | 29.1 | 32.2 | 30.9 | 32.7 | - | - | - |
DIO |
44.5 | 45.2 | 48.9 | 46.6 | 44.7 | 45.3 | 38.9 | 34.8 | 34.5 | 46.1 | 69.1 | 63.4 | 66.4 | 68.0 | 64.9 | 35.6 | - | - |
DPO |
43.5 | 41.6 | 44.8 | 49.1 | 48.7 | 48.6 | 45.1 | 46.7 | 43.3 | 45.9 | 47.0 | 42.5 | 43.6 | 39.8 | 35.6 | - | - | - |
Operating Cycle |
74.3 | 76.1 | 80.4 | 79.4 | 75.6 | 77.2 | 79.4 | 65.3 | 84.1 | 85.9 | 98.6 | 92.5 | 98.6 | 98.8 | 97.5 | 35.6 | - | - |
Cash Conversion Cycle |
30.8 | 34.6 | 35.6 | 30.3 | 26.9 | 28.6 | 34.3 | 18.6 | 40.8 | 39.9 | 51.6 | 50.0 | 55.0 | 59.0 | 61.9 | 35.6 | - | - |
All numbers in USD currency
Quarterly Financial Ratios Armstrong World Industries
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
2.28 | 1.56 | - | 2 | 2.02 | 1.59 | - | 1.76 | 1.5 | 1.37 | - | 1.56 | 1.34 | 1.04 | - | 1.25 | 1.12 | 0.94 | - | 1.07 | 1.15 | 0.74 | - | 1.13 | 1.05 | -4.71 | - | 1.5 | 1.11 | 0.8 | - | 1.5 | 0.9 | 0.53 | - | 0.93 | 0.77 | 0.56 | - | 1.27 | 0.3 | -0.18 | - | 0.57 | 0.53 | 0.84 | - | 0.57 | 0.34 | 0.31 | - | 0.86 | 0.5 | 0.05 | - | 1.06 | 0.71 | 0.31 | - | 0.89 | 0.64 | 0.23 |
EBITDA per Share |
4.56 | 2.89 | - | 4.79 | 2.99 | 2.94 | - | - | 2.29 | 2.52 | - | - | - | 2.01 | - | 2.97 | 1.54 | 1.79 | - | 3.08 | 1.64 | 1.67 | - | 2.8 | 2.09 | 1.96 | - | 3.4 | 2.47 | 1.43 | - | 2.82 | 2.13 | 1.37 | - | 2.58 | 2.02 | 1.41 | - | 2.54 | 1.83 | 0.93 | - | 2.63 | 1.78 | 1.16 | - | 3.34 | 2.3 | 1.53 | - | 2.96 | 2.01 | 1.22 | - | 3.3 | 2.35 | 1.31 | - | 3.08 | 2.31 M | 1.45 |
ROE % |
38.60 | 36.38 | 28.89 | 39.62 | 39.76 | 38.84 | 30.13 | 42.00 | 41.90 | 40.73 | 31.18 | 42.21 | 40.23 | 37.86 | 29.18 | 38.91 | 38.93 | 36.52 | 28.26 | 40.24 | 41.66 | -19.56 | -27.03 | -6.97 | -4.01 | -4.46 | 45.71 | 79.43 | 80.30 | 76.00 | 65.29 | 77.07 | 53.20 | 39.52 | 28.88 | 55.38 | 49.95 | 36.38 | 29.13 | 33.27 | 10.61 | 10.33 | 14.05 | 18.92 | 17.69 | 16.45 | 10.38 | 17.87 | 17.44 | 14.98 | 12.37 | 21.12 | 19.45 | 17.54 | 17.09 | 21.74 | 16.34 | 11.72 | 9.19 | 4.65 | 3.35 | 1.19 |
ROA % |
17.46 | 16.36 | 13.00 | 17.26 | 16.32 | 15.15 | 11.42 | 15.48 | 14.73 | 13.91 | 10.37 | 13.68 | 12.22 | 11.69 | 8.88 | 12.09 | 8.79 | 10.85 | 8.25 | 11.40 | 11.34 | -5.03 | -7.09 | -2.19 | -1.68 | -1.99 | 11.17 | 15.32 | 12.99 | 10.82 | 8.20 | 10.84 | 8.90 | 7.95 | 6.46 | 10.48 | 8.80 | 6.04 | 4.41 | 5.59 | 2.68 | 3.45 | 4.01 | 5.23 | 4.77 | 4.32 | 2.59 | 4.31 | 4.13 | 3.50 | 2.86 | 5.06 | 4.80 | 4.41 | 4.31 | 6.06 | 5.12 | 4.11 | 3.47 | 1.75 | 1.27 | 0.45 |
ROCE % |
27.96 | 26.28 | 20.81 | 27.83 | 26.52 | 24.67 | 18.60 | 25.15 | 23.80 | 22.55 | 16.84 | 21.64 | 28.65 | 27.15 | 22.54 | 27.31 | 27.60 | 17.50 | 13.33 | 18.01 | 17.27 | 17.10 | 13.63 | 22.09 | 23.93 | 23.99 | 19.07 | 25.38 | 22.03 | 19.26 | 15.18 | 19.78 | 17.79 | 16.24 | 12.50 | 17.13 | 15.89 | 12.98 | 9.41 | 12.03 | 9.23 | 7.45 | 6.04 | 9.91 | 10.15 | 10.75 | 9.16 | 12.90 | 11.73 | 10.73 | 8.31 | 12.71 | 12.11 | 11.14 | 9.27 | 12.76 | 11.15 | 10.01 | 8.28 | 3.49 | 2.79 | 2.00 |
DSO |
34.2 | 32.9 | - | 33.6 | 32.9 | 34.1 | - | 31.5 | 32.7 | 33.0 | - | 30.7 | 33.5 | 34.5 | - | 16.8 | 16.2 | 36.0 | - | 30.6 | 30.0 | 30.7 | - | 29.0 | 35.2 | 30.0 | - | 28.0 | 28.6 | 31.1 | - | 28.0 | 29.3 | 34.3 | - | 23.6 | 25.1 | 31.1 | - | 29.5 | 31.4 | 35.3 | - | 31.1 | 44.5 | 31.4 | - | 26.2 | 27.0 | 30.9 | - | 27.8 | 28.7 | 31.3 | - | 26.9 | 27.6 | 30.6 | - | 28.2 | 28.3 | - |
DIO |
42.3 | 45.5 | - | 44.4 | 42.8 | 44.5 | - | 47.1 | 46.6 | 47.5 | - | 47.9 | 50.4 | 51.5 | - | 25.3 | 23.3 | 49.1 | - | 43.4 | 43.0 | 45.4 | - | 48.0 | 54.9 | 43.5 | - | 37.8 | 37.1 | 39.3 | - | 34.4 | 33.7 | 33.5 | - | 34.3 | 35.0 | 32.5 | - | 44.2 | 44.6 | 47.3 | - | 41.2 | 94.7 | 73.5 | - | 59.9 | 59.8 | 67.0 | - | 63.4 | 64.2 | 71.8 | - | 66.5 | 66.8 | 68.6 | - | 64.0 | 62.9 | - |
DPO |
41.0 | 43.4 | - | 37.8 | 35.0 | 39.1 | - | 45.0 | 40.9 | 40.2 | - | 42.5 | 43.9 | 46.5 | - | 23.4 | 21.6 | 51.1 | - | 45.8 | 43.9 | 45.0 | - | 47.8 | 54.8 | 46.6 | - | 43.8 | 43.0 | 48.9 | - | 46.1 | 45.2 | 43.7 | - | 43.1 | 43.9 | 44.0 | - | 44.0 | 44.5 | 53.0 | - | 51.8 | 27.1 | 24.3 | - | - | - | 23.5 | - | 21.7 | - | 20.7 | - | 19.5 | - | 19.2 | - | - | - | - |
Operating Cycle |
- | 78.5 | - | - | 75.8 | 78.5 | - | 78.6 | 79.2 | 80.6 | - | 78.6 | 83.9 | 85.9 | - | 42.1 | 39.6 | 85.1 | - | 74.0 | 73.0 | 76.1 | - | 77.0 | 90.1 | 73.5 | - | 65.8 | 65.6 | 70.4 | - | 62.3 | 63.0 | 67.8 | - | 57.9 | 60.0 | 63.5 | - | 73.7 | 76.1 | 82.6 | - | 72.2 | 139.2 | 104.9 | - | 86.2 | 86.8 | 97.9 | - | 91.1 | 92.9 | 103.0 | - | 93.3 | 94.5 | 99.2 | - | 92.2 | 91.3 | - |
Cash Conversion Cycle |
- | 35.0 | - | - | 40.7 | 39.4 | - | 33.6 | 38.3 | 40.3 | - | 36.1 | 40.0 | 39.4 | - | 18.6 | 18.0 | 34.1 | - | 28.2 | 29.1 | 31.1 | - | 29.1 | 35.3 | 26.9 | - | 22.0 | 22.6 | 21.4 | - | 16.2 | 17.8 | 24.1 | - | 14.8 | 16.1 | 19.6 | - | 29.7 | 31.6 | 29.6 | - | 20.5 | 112.1 | 80.6 | - | 86.2 | 86.8 | 74.4 | - | 69.5 | 92.9 | 82.4 | - | 73.8 | 94.5 | 79.9 | - | 92.2 | 91.3 | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Armstrong World Industries, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.