Armstrong World Industries AWI

$ 171.31 0.17%

Quarterly report 2026-Q3
added 10-27-2026

Armstrong World Industries Income Statement 2025-2008 | AWI

Brief overview of financial performance at Armstrong World Industries

The overview follows changes across a five-year period. Armstrong World Industries reported revenue of $937 million in 2020 and $1.6 billion by 2025. The cumulative result was +73%, corresponding to roughly 11.6% per year. The trajectory reflects meaningful expansion of the business.

At the gross-profit level, the result moved from 333 million dollars to 659 million dollars, a change of +97.7%. Direct costs grew more slowly than revenue and improved the economics of sales. Comparing the endpoints gives gross margins of 35.6% and 40.6%. The margin shift points to a more favorable sales-and-cost structure.

EBITDA changed from $339 million to $551 million (+62.7%). Changes in revenue did not translate into comparable EBITDA performance. Comparing the endpoints gives EBITDA margins of 36.2% and 34%. Cost pressure reduced operating profitability.

The final result was −$99.1 million initially and $309 million in the final year. A negative result turned positive over the five years.

Market capitalization changed from $3.5 billion to $7.6 billion (+115.9%). Market value lagged the financial performance.

Conclusion

The figures do not all move in the same direction. The constructive conclusion rests on a stronger gross margin, a stronger final result and revenue expansion. The overall view is constrained by weaker operating efficiency. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement Armstrong World Industries

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Market Cap	7.58 B	6.7 B	5.23 B	3.63 B	5.5 B	3.51 B	4.88 B	3.41 B	3.37 B	2.18 B	2.15 B	2.79 B	3.23 B	3.23 B	2.74 B	2.03 B	1.12 B	-
Shares	43.3 M	43.7 M	44.7 M	46.3 M	47.6 M	47.9 M	48 M	51.3 M	53.3 M	55.4 M	55.5 M	55 M	57.8 M	58.9 M	58.3 M	57.7 M	56.8 M	-
Historical Prices	175	153	117	78.5	116	73.3	91.7	56.3	58.6	40.4	44.2	49.5	55.7	49.1	36.1	35.2	19.8	32.4
Net Income	309 M	265 M	224 M	203 M	183 M	-99.1 M	214 M	186 M	155 M	105 M	94.2 M	63.8 M	94.1 M	131 M	112 M	11 M	77.7 M	-
Revenue	1.62 B	1.45 B	1.3 B	1.23 B	1.11 B	937 M	1.04 B	975 M	894 M	1.23 B	2.42 B	2.52 B	2.72 B	2.62 B	2.86 B	-	-	-
Cost of Revenue	962 M	864 M	798 M	784 M	701 M	604 M	643 M	642 M	578 M	530 M	499 M	911 M	1.93 B	1.83 B	2.08 B	2.04 B	2.16 B	-
Gross Profit	659 M	582 M	497 M	449 M	406 M	333 M	395 M	334 M	324 M	371 M	603 M	583 M	623 M	633 M	672 M	586 M	621 M	-
Operating Income	431 M	374 M	324 M	279 M	260 M	255 M	317 M	249 M	244 M	196 M	157 M	198 M	266 M	285 M	240 M	87.5 M	90.6 M	-
Interest Expense	33 M	39.8 M	35.3 M	27.1 M	22.9 M	24.1 M	38.4 M	39.2 M	35.4 M	49.5 M	44.6 M	46 M	68.7 M	53.6 M	48.5 M	21.2 M	17.7 M	-
EBITDA	551 M	478 M	413 M	362 M	356 M	339 M	293 M	254 M	277 M	235 M	274 M	314 M	288 M	328 M	362 M	231 M	237 M	-
Operating Expenses	228 M	207 M	173 M	170 M	146 M	78.3 M	174 M	159 M	136 M	225 M	447 M	398 M	444 M	418 M	423 M	499 M	530 M	-
General and Administrative Expenses	340 M	308 M	262 M	237 M	237 M	163 M	-	-	-	-	-	-	-	-	-	499 M	552 M	-

All numbers in USD currency

Quarterly Income Statement Armstrong World Industries

	2026-Q3	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
Shares	42.1 M	42.5 M	42.8 M	-100 K	43.2 M	43.4 M	43.5 M	-100 K	43.7 M	43.8 M	43.8 M	-300 K	44.5 M	44.9 M	45.4 M	-300 K	46.1 M	46.6 M	47.1 M	-100 K	47.5 M	47.7 M	47.8 M	47.9 M	47.9 M	47.8 M	48 M	-100 K	48.7 M	49 M	48.7 M	-600 K	50.7 M	51.9 M	53 M	-200 K	53 M	53.3 M	54.1 M	-200 K	55.5 M	55.6 M	55.6 M	100 K	55.5 M	55.5 M	55.3 M	100 K	55 M	54.8 M	54.8 M	-1.1 M	58.4 M	59.3 M	59.2 M	100 K	58.9 M	58.8 M	58.6 M	-	58.4 M	58.3 M	58.1 M
Net Income	91.9 M	96.7 M	66.8 M	65.5 M	86.3 M	87.8 M	69.1 M	62.2 M	76.9 M	65.9 M	59.9 M	46.7 M	69.5 M	60.2 M	47.3 M	48.8 M	57.5 M	52.2 M	44.4 M	41.9 M	50.8 M	55.1 M	35.4 M	22.8 M	54 M	50.3 M	-226 M	47.7 M	73.2 M	54.5 M	39.1 M	34.6 M	76.2 M	47.3 M	27.8 M	-1.5 M	49.4 M	41.3 M	30.4 M	27.1 M	70.6 M	16.9 M	-9.9 M	-13.8 M	31.8 M	29.6 M	46.6 M	-3.6 M	31.6 M	18.9 M	16.9 M	10.8 M	50.4 M	29.9 M	3 M	8.4 M	62.9 M	41.8 M	18.2 M	8.5 M	52.5 M	37.9 M	13.5 M
Revenue	476 M	472 M	410 M	388 M	425 M	425 M	383 M	368 M	387 M	365 M	326 M	312 M	347 M	325 M	310 M	304 M	325 M	321 M	283 M	282 M	292 M	280 M	252 M	239 M	246 M	203 M	249 M	247 M	277 M	272 M	242 M	239 M	260 M	249 M	227 M	214 M	234 M	226 M	220 M	-	335 M	314 M	287 M	-	336 M	306 M	551 M	-	679 M	659 M	590 M	-	730 M	707 M	622 M	-	695 M	675 M	636 M	-	734 M	749 M	685 M
Cost of Revenue	285 M	277 M	255 M	-243 M	247 M	249 M	233 M	-228 M	222 M	216 M	202 M	-241 M	206 M	201 M	198 M	-260 M	208 M	203 M	180 M	-198 M	182 M	175 M	164 M	-192 M	155 M	135 M	157 M	-235 M	165 M	169 M	151 M	-255 M	163 M	166 M	156 M	-182 M	143 M	140 M	142 M	-403 M	225 M	223 M	203 M	-607 M	225 M	215 M	422 M	-1.11 B	511 M	512 M	448 M	-961 M	550 M	542 M	478 M	-943 M	508 M	505 M	496 M	-	545 M	564 M	524 M
Gross Profit	191 M	195 M	155 M	154 M	178 M	176 M	150 M	144 M	164 M	149 M	124 M	120 M	141 M	124 M	112 M	112 M	118 M	118 M	102 M	102 M	111 M	105 M	87.5 M	82.8 M	91.2 M	67.8 M	91.3 M	88.6 M	112 M	103 M	91.4 M	82.1 M	97.9 M	82.7 M	70.8 M	61.1 M	90.8 M	85.2 M	78.3 M	21.5 M	110 M	91.5 M	84.3 M	14.3 M	111 M	91.5 M	130 M	-74 M	168 M	147 M	142 M	104 M	180 M	164 M	144 M	96.4 M	187 M	171 M	140 M	126 M	189 M	185 M	161 M
Operating Income	131 M	134 M	94.2 M	92 M	117 M	123 M	98.5 M	81.9 M	111 M	95 M	86.1 M	66.3 M	100 M	87 M	70.2 M	70.6 M	73.3 M	71.6 M	63.2 M	55.5 M	72.1 M	78.3 M	54.1 M	44.1 M	72.3 M	62.4 M	76 M	62.2 M	113 M	87.2 M	54.7 M	52.5 M	81.3 M	66 M	49.6 M	43.4 M	73.9 M	69.2 M	57.3 M	51.6 M	71 M	51.7 M	21.6 M	22.4 M	59.3 M	41.2 M	35.8 M	-5.1 M	85.8 M	63.6 M	53.8 M	57.4 M	93.6 M	67.6 M	47 M	56 M	109 M	77.6 M	42.7 M	23.9 M	91.1 M	72.7 M	52.1 M
Interest Expense	7.5 M	7.8 M	7.3 M	-25.5 M	8.2 M	8.6 M	8.5 M	-30.5 M	10.5 M	11.1 M	9 M	-26.2 M	8.8 M	9.2 M	8.7 M	-17.7 M	7 M	5.8 M	5.1 M	-17.2 M	6.1 M	5.6 M	5.7 M	-17.7 M	6.1 M	5.9 M	6.7 M	-31.3 M	11.7 M	9.5 M	10.4 M	-33.7 M	9.9 M	9.8 M	9.2 M	-26 M	8.8 M	8.9 M	8.9 M	-42.6 M	9 M	12.5 M	21.9 M	-38.5 M	11.3 M	11.4 M	11.2 M	11.7 M	10.9 M	11.8 M	11.6 M	12.3 M	11.4 M	11.8 M	33.2 M	13.9 M	14.1 M	14.4 M	11.2 M	10.9 M	11.3 M	11.5 M	14.8 M
EBITDA	139 M	140 M	100 M	98.1 M	123 M	130 M	105 M	87.2 M	116 M	100 M	90.2 M	70.6 M	104 M	90.6 M	73.7 M	74.1 M	77 M	75.9 M	68 M	61.3 M	79.4 M	88.8 M	64.3 M	50.8 M	78.4 M	67.1 M	80.6 M	67.4 M	118 M	92.8 M	58.6 M	56.6 M	85 M	69.7 M	53.2 M	47.1 M	77.5 M	72.9 M	60.9 M	55 M	74.5 M	55.2 M	25.1 M	25.8 M	62.8 M	44.7 M	39.4 M	-2 M	89.5 M	67.2 M	57.4 M	61 M	97.2 M	71.2 M	50.6 M	59.6 M	112 M	81.3 M	46.2 M	27.4 M	94.5 M	134 M	84 M
Operating Expenses	59.5 M	61.2 M	61.1 M	62.5 M	61.3 M	52.6 M	51.4 M	62 M	52.8 M	54.3 M	38.2 M	53.2 M	41.2 M	37 M	41.9 M	40.9 M	44.2 M	46.3 M	39 M	47 M	38.6 M	26.6 M	33.4 M	38.7 M	18.9 M	5.4 M	15.3 M	26.4 M	-1.6 M	16.2 M	36.7 M	29.6 M	16.6 M	16.7 M	21.2 M	17.7 M	16.9 M	16 M	21 M	-30.1 M	38.7 M	39.8 M	62.7 M	-8.1 M	51.8 M	50.3 M	93.7 M	-68.9 M	82.2 M	83.4 M	88.3 M	46.9 M	86.3 M	96.7 M	97.5 M	40.4 M	78.3 M	93 M	97.3 M	102 M	98 M	112 M	-
General and Administrative Expenses	91.3 M	93.7 M	88.4 M	87.4 M	90.1 M	84.4 M	78 M	85.4 M	77.6 M	80.6 M	65.4 M	73.3 M	64.6 M	61.9 M	62.7 M	59.1 M	59.3 M	61.5 M	57.1 M	60.9 M	62.3 M	60 M	54.2 M	54.4 M	41 M	33 M	34.8 M	40 M	41.3 M	37.4 M	55.6 M	45.3 M	35.3 M	40.9 M	37.5 M	32.8 M	30.8 M	35.7 M	39.3 M	19 M	55.7 M	55.8 M	53.7 M	-9.1 M	64 M	61.6 M	103 M	-54.2 M	101 M	100 M	103 M	60 M	103 M	111 M	113 M	52.3 M	94 M	108 M	111 M	111 M	113 M	122 M	120 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Armstrong World Industries (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

How much revenue the company earned
How much it spent on production, personnel, marketing, taxes, etc.
What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features

The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Building materials industry

Issuer	Price	% 24h	Market Cap	Country
JELD-WEN Holding JELD	$ 1.04	2.97 %	$ 88.7 M	USA
James Hardie Industries plc JHX	$ 28.02	-2.37 %	$ 15.2 B	Irlanda
The AZEK Company AZEK	-	-	$ 7.91 B	USA
Builders FirstSource BLDR	$ 62.49	-4.6 %	$ 6.96 B	USA
Louisiana-Pacific Corporation LPX	$ 75.71	-1.67 %	$ 5.3 B	USA
Masco Corporation MAS	$ 82.33	-1.42 %	$ 17.2 B	USA
BlueLinx Holdings BXC	$ 60.6	-8.38 %	$ 484 M	USA
Smith-Midland Corporation SMID	$ 26.04	2.72 %	$ 138 M	USA
Simpson Manufacturing Co. SSD	$ 197.01	-0.93 %	$ 8.22 B	USA
Tecnoglass TGLS	$ 44.29	-1.51 %	$ 2.07 B	Colombia
Trex Company TREX	$ 55.35	-1.11 %	$ 5.92 B	USA
United States Lime & Minerals USLM	$ 118.16	-1.05 %	$ 3.38 B	USA
Summit Materials SUM	-	-	$ 9.22 B	USA
Vulcan Materials Company VMC	$ 282.82	-0.9 %	$ 37.3 B	USA
Advanced Drainage Systems WMS	$ 124.24	1.21 %	$ 9.66 B	USA
Cementos Pacasmayo S.A.A. CPAC	$ 12.75	0.08 %	$ 5.46 M	Peru
MDU Resources Group MDU	$ 18.64	0.54 %	$ 3.81 B	USA
Masonite International Corporation DOOR	-	-	$ 2.93 B	Canada
PGT Innovations PGTI	-	-	$ 2.45 B	USA
Beacon Roofing Supply BECN	-	-	$ 7.76 B	USA
Carrier Global Corporation CARR	$ 52.63	-1.12 %	$ 44.9 B	USA
Martin Marietta Materials MLM	$ 518.14	-1.78 %	$ 31.3 B	USA
CRH plc CRH	$ 95.23	-0.12 %	$ 64.1 B	Irlanda
Aspen Aerogels ASPN	$ 4.91	-4.66 %	$ 404 M	USA
Cornerstone Building Brands CNR	$ 79.26	5.24 %	$ 79.3 K	USA
AAON AAON	$ 57.2	5.11 %	$ 4.66 B	USA
Alpha Pro Tech, Ltd. APT	$ 5.45	-0.55 %	$ 56.9 M	Canada
Carlisle Companies Incorporated CSL	$ 375.79	-0.94 %	$ 16.1 B	USA
CEMEX, S.A.B. de C.V. CX	$ 10.79	0.7 %	$ 468 B	Mexico
Loma Negra Compañía Industrial Argentina Sociedad Anónima LOMA	$ 8.76	-0.9 %	$ 5.11 B	Argentina
Eagle Materials EXP	$ 185.99	-1.78 %	$ 5.95 B	USA
Caesarstone Ltd. CSTE	$ 1.3	1.31 %	$ 44.9 M	Israel
Patrick Industries PATK	$ 79.08	-4.85 %	$ 2.57 B	USA
Perma-Pipe International Holdings PPIH	$ 28.46	4.59 %	$ 229 M	USA
Owens Corning OC	$ 121.04	-2.51 %	$ 10.2 B	USA
ReTo Eco-Solutions RETO	$ 3.87	-0.77 %	$ 1.85 M	China
U.S. Concrete, Inc. USCR	-	-	$ 1.26 B	USA
Armstrong Flooring, Inc. AFI	-	-7.26 %	$ 7.65 M	USA
Forterra, Inc. FRTA	-	-0.08 %	$ 1.6 B	USA
Installed Building Products IBP	$ 219.92	-1.28 %	$ 5.98 B	USA
Apogee Enterprises APOG	$ 45.8	-0.26 %	$ 975 M	USA
GMS GMS	-	-	$ 4.21 B	USA
Quanex Building Products Corporation NX	$ 20.81	-0.96 %	$ 961 M	USA
Gibraltar Industries ROCK	$ 32.47	2.46 %	$ 970 M	USA

Armstrong World Industries Income Statement 2025-2008 | AWI

Brief overview of financial performance at Armstrong World Industries

Conclusion

Annual Income Statement Armstrong World Industries

Market Cap

Shares

Historical Prices

Net Income

Revenue

Cost of Revenue

Gross Profit

Operating Income

Interest Expense

EBITDA

Operating Expenses

General and Administrative Expenses

Annual performance