Armstrong World Industries Inc

Armstrong World Industries Inc

171.39
USD
+2.65
(+1.57%)
7.29EPS
21.78P/E
6.79BMarket Cap
Oct 27Next Earn

Total Valuation

USD

As of June 30, 2026, Armstrong World Industries Inc carries a market capitalization of 6.79B, placing it among publicly traded companies globally. Its enterprise value stands at 7.29B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap6.79B
Enterprise Value7.29B

Important Dates

Armstrong World Industries Inc's next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of June 30, 2026, Armstrong World Industries Inc has 42.33M shares outstanding.

Shares Outstanding42.33M

Valuation Ratios

As of June 30, 2026, Armstrong World Industries Inc trades at a trailing price-to-earnings ratio of 21.78. The price-to-sales ratio is 4.05, and the price-to-book ratio stands at 7.68.

PE Ratio21.78
PS Ratio4.05
PB Ratio7.68
P/TBV Ratio35.18
P/FCF Ratio28.11
P/OCF Ratio19.14

Enterprise Valuation

As of June 30, 2026, Armstrong World Industries Inc trades at an EV/EBITDA multiple of 13.07 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.30 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.68 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Armstrong World Industries Inc trades at an EV/FCF ratio of 26.95, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 7.29B versus a market cap of 6.79B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.30
EV / EBITDA13.07
EV / EBIT16.68
EV / FCF26.95

Financial Position

As of June 30, 2026, Armstrong World Industries Inc maintains a current ratio of 1.52, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 65.52, indicating elevated leverage, while an interest coverage ratio of 17.99 demonstrates strong ability to service its debt obligations.

Current Ratio1.52
Quick Ratio0.97
Debt / Equity65.52
Debt / EBITDA1.04
Interest Coverage17.99

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, Armstrong World Industries Inc posted a return on equity (ROE) of 36.62, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 23.36 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 16.30, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 23.69, useful for judging operating efficiency across full business cycles. The company generates approximately 452,106.67 in revenue per employee across its workforce of 3,750.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 8.30 indicates how many times Armstrong World Industries Inc sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)36.62
Return on Assets (ROA)16.30
Return on Invested Capital (ROIC)23.36
Return on Capital Employed (ROCE)23.69
Revenue Per Employee452,106.67
Employee Count3,750.00
Inventory Turnover8.30

Taxes

USD

Over the twelve months ended June 30, 2026, Armstrong World Industries Inc recorded 94.30M in income tax expense. That works out to an effective tax rate of 23.02, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 409.60M, leaving 315.30M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax94.30M
Effective Tax Rate23.02

Stock Price Statistics

USD

As of the close on October 22, 2026, Armstrong World Industries Inc's stock has declined approximately 14.84% over the past 52 weeks. The 50-day moving average sits at 168.13, while the 200-day moving average is 170.47.

52-Week Price Change-14.84%
50-Day Moving Average168.13
200-Day Moving Average170.47

Income Statement

USD

Over the twelve months ended June 30, 2026, Armstrong World Industries Inc generated 1.70B in revenue and converted that into 315.30M in net income, yielding earnings per share of 7.29. EBITDA reached 557.70M, while operating income came in at 323.70M.

Revenue1.70B
Gross Profit683.30M
Operating Income323.70M
Pretax Income409.60M
Net Income315.30M
EBITDA557.70M
EBIT437.20M
Earnings Per Share (EPS)7.29

Balance Sheet

USD

As of June 30, 2026, Armstrong World Industries Inc holds 78.60M in cash and equivalents against 579.40M in total debt, resulting in a net debt position of 413.40M. Total book value stands at 884.30M, with working capital of 145.30M providing operational flexibility.

Cash & Cash Equivalents78.60M
Total Debt579.40M
Net Debt413.40M
Equity (Book Value)884.30M
Book Value Per Share20.89
Working Capital145.30M

Cash Flow

USD

Armstrong World Industries Inc produced 358.80M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -112.10M in capital expenditures, free cash flow totaled 246.70M - equivalent to 5.76 per share.

Operating Cash Flow358.80M
Capital Expenditures-112.10M
Free Cash Flow246.70M
FCF Per Share5.76

Margins

Over the twelve months ended June 30, 2026, Armstrong World Industries Inc posted a gross margin of 40.30, reflecting its pricing power and cost economics. The operating margin of 19.09 and net profit margin of 18.60 provide insight into operational efficiency.

Gross Margin40.30
Operating Margin19.09
Pretax Margin24.16
Profit Margin18.60
EBITDA Margin32.89

Dividends & Yields

USD

Over the twelve months ended June 30, 2026, Armstrong World Industries Inc paid dividends of 1.36 per share. The dividend payout ratio of 18.46 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 3.56, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.40, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Armstrong World Industries Inc shareholders.

Dividend Per Share1.36
Payout Ratio18.46
Shareholder Yield4.40
FCF Yield3.56

Stock Splits

Armstrong World Industries Inc's most recent stock split took place on April 4, 2016 with a 13:15 split ratio.

Last Split Date4/4/2016
Split Ratio13:15

Scores

As of June 30, 2026, Armstrong World Industries Inc has an Altman Z-Score of 7.94, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score7.94