Armstrong World Industries (AWI) Stock Overview
Engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
AWI Community Fair Values
Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Armstrong World Industries, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$156.84 |
| 52 Week High | US$206.08 |
| 52 Week Low | US$150.28 |
| Beta | 1.17 |
| 1 Month Change | -0.37% |
| 3 Month Change | -5.29% |
| 1 Year Change | 0.33% |
| 3 Year Change | 120.00% |
| 5 Year Change | 47.53% |
| Change since IPO | 292.10% |
Recent News & Updates
Analysis Article • Jun 20
Armstrong World Industries (AWI) Stock Could Be 22.6% Undervalued Despite Recent Share Price Gains
Armstrong World Industries (AWI) has drawn investor attention after recent share price moves, with the stock up about 2.6% over the past day and roughly 2.4% over the past week. See our latest analysis for Armstrong World Industries. That short burst of momentum for Armstrong World Industries sits against a weaker backdrop, with the share price down about 19.8% year to date, while the 1 year total shareholder return of 4.5% and 3 year total shareholder return of about 13x reflect a very...
Narrative Update • Jun 17
AWI: 2026 Execution On Guidance And M&A Pipeline Will Unlock Upside
The analyst price target for Armstrong World Industries has adjusted slightly from $207.56 to $204.10, with analysts citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E to reflect recent research views. Analyst Commentary Recent Street research on Armstrong World Industries has highlighted a mix of optimism and caution, with rating and price target changes feeding directly into how analysts frame the stock's valuation, execution risks, and growth potential.Seeking Alpha • Jun 12
Armstrong World Industries: Shares Need To Be Cheaper Before An Upgrade
Summary Armstrong World Industries remains a 'hold' as operational growth is offset by mixed profitability and fair valuation. AWI's recent Q1 results showed 7% revenue growth to $410M, but net profits dipped and cash flow softened. The Mineral Fiber segment delivered revenue and profit growth via higher prices and volumes, though margins compressed. Management guides for FY revenue of $1.745–$1.785B and EBITDA of $600–$620M, supporting a fair value thesis. Read the full article on Seeking AlphaNarrative Update • Jun 01
AWI: 2026 Execution And Guidance Are Expected To Unlock Upside
Analysts have adjusted their blended fair value estimate for Armstrong World Industries slightly higher to about $208 per share. They cite updated assumptions for revenue growth, profit margins, and a modestly lower future P/E multiple, as reflected in recent price target changes of around $6 to $12 from major research firms.Recent updates
Analysis Article • Jun 20
Armstrong World Industries (AWI) Stock Could Be 22.6% Undervalued Despite Recent Share Price Gains
Armstrong World Industries (AWI) has drawn investor attention after recent share price moves, with the stock up about 2.6% over the past day and roughly 2.4% over the past week. See our latest analysis for Armstrong World Industries. That short burst of momentum for Armstrong World Industries sits against a weaker backdrop, with the share price down about 19.8% year to date, while the 1 year total shareholder return of 4.5% and 3 year total shareholder return of about 13x reflect a very...Narrative Update • Jun 17
AWI: 2026 Execution On Guidance And M&A Pipeline Will Unlock Upside
The analyst price target for Armstrong World Industries has adjusted slightly from $207.56 to $204.10, with analysts citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E to reflect recent research views. Analyst Commentary Recent Street research on Armstrong World Industries has highlighted a mix of optimism and caution, with rating and price target changes feeding directly into how analysts frame the stock's valuation, execution risks, and growth potential.Seeking Alpha • Jun 12
Armstrong World Industries: Shares Need To Be Cheaper Before An Upgrade
Summary Armstrong World Industries remains a 'hold' as operational growth is offset by mixed profitability and fair valuation. AWI's recent Q1 results showed 7% revenue growth to $410M, but net profits dipped and cash flow softened. The Mineral Fiber segment delivered revenue and profit growth via higher prices and volumes, though margins compressed. Management guides for FY revenue of $1.745–$1.785B and EBITDA of $600–$620M, supporting a fair value thesis. Read the full article on Seeking AlphaNarrative Update • Jun 01
AWI: 2026 Execution And Guidance Are Expected To Unlock Upside
Analysts have adjusted their blended fair value estimate for Armstrong World Industries slightly higher to about $208 per share. They cite updated assumptions for revenue growth, profit margins, and a modestly lower future P/E multiple, as reflected in recent price target changes of around $6 to $12 from major research firms.Analysis Article • Apr 30
Armstrong World Industries, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Last week, you might have seen that Armstrong World Industries, Inc. ( NYSE:AWI ) released its first-quarter result to...Narrative Update • Apr 25
AWI: Q4 Execution And 2026 Guidance Will Support Further Upside
The analyst price target for Armstrong World Industries has shifted slightly lower by $2.00 to $206.80, as analysts balanced a recent $6 cut from one firm with earlier $12 and $2 increases tied to updated estimates following the Q4 report. Analyst Commentary Recent Street research around Armstrong World Industries reflects a mix of optimism on execution and some caution on how much upside is already reflected in the stock after the Q4 update.Narrative Update • Apr 10
AWI: Refreshed Q4 Assumptions And 2026 Guidance Will Support Upside Potential
Analysts have nudged their price target for Armstrong World Industries to $191, a $2 adjustment. This reflects refreshed estimates following the Q4 report and updated assumptions around discount rate and projected P/E levels.Narrative Update • Mar 26
AWI: Refreshed Q4 Assumptions And 2026 Guidance Will Support Future Pricing Power
Analysts have modestly raised their price target on Armstrong World Industries to $191 from $189, reflecting refreshed estimates following the recent Q4 update. Analyst Commentary Bullish Takeaways Bullish analysts view the lift in the price target to $191 as a sign that refreshed Q4 assumptions still support the current valuation framework.Narrative Update • Mar 11
AWI: Refined Q4 Assumptions And 2026 Guidance Will Support Future Pricing Power
Analysts have nudged their price target on Armstrong World Industries up by $2 to $191, citing refreshed post Q4 estimates and updated assumptions around growth, margins and future P/E. Together, these revisions trim fair value slightly to $208.80 and modestly adjust the discount rate and revenue growth outlook.Narrative Update • Feb 25
AWI: Leadership Shift And 2026 Earnings Outlook Will Support Future Pricing Power
Analysts have nudged their price target for Armstrong World Industries higher to $211.10, citing modest adjustments to discount rate assumptions, slightly firmer revenue growth and profit margin expectations, and a lower future P/E multiple in their updated models. What's in the News Armstrong World Industries issued earnings guidance for 2026, with expected net sales between $1.745 billion and $1.785 billion.Narrative Update • Feb 10
AWI: Leadership Transition To Executive Chair Will Support Future Pricing Power
Analysts have kept their price target for Armstrong World Industries broadly in line with prior estimates, with only marginal tweaks to inputs such as the discount rate and future P/E to reflect updated assumptions rather than a material shift in their outlook. What's in the News CEO Vic Grizzle plans to transition to Executive Chair, shifting out of the CEO role while remaining closely involved with Armstrong World Industries’ leadership.Narrative Update • Jan 26
AWI: Share Repurchases And Upcoming Leadership Transition Will Support Future Pricing Power
Analysts have nudged their price target for Armstrong World Industries higher to US$211.10, a change they link to slightly revised assumptions for discount rate, revenue growth, profit margin and future P/E, which together support a modestly stronger long term valuation case. What's in the News A CEO transition is planned.Narrative Update • Jan 12
AWI: Buybacks And Dividend Growth Will Support Pricing Power And Margins
Analysts have made slight adjustments to their price targets for Armstrong World Industries, reflecting small changes to assumptions such as discount rate, revenue growth, profit margin, and future P/E, while keeping the estimated fair value essentially unchanged at about $211.10. What's in the News From July 1, 2025 to September 30, 2025, Armstrong World Industries repurchased 149,230 shares, about 0.34% of its stock, for US$27.04 million under its ongoing buyback program (Key Developments).Narrative Update • Dec 25
AWI: End Market Recovery Will Support Pricing Power And Margin Durability
Analysts have raised their price target on Armstrong World Industries to $220 from $205, citing modestly higher forward earnings estimates and a more constructive outlook for end markets and sector valuation multiples. Analyst Commentary Analysts are highlighting a mix of supportive fundamentals and residual risks as they reassess Armstrong World Industries' outlook.Narrative Update • Dec 11
AWI: Multi Family Pricing Power Will Drive Sustained Margin Expansion
Analysts have nudged their fair value estimate for Armstrong World Industries higher, lifting the target by approximately $4 to about $211 per share as they factor in modestly stronger earnings growth, sustained margin expansion, and still supportive sector valuation multiples. Analyst Commentary Bullish analysts are broadly reaffirming a constructive view on Armstrong World Industries, citing a combination of earnings momentum, high-quality growth drivers, and supportive sector valuation dynamics.Narrative Update • Nov 27
AWI: Ongoing Margin Expansion And End Market Strength Will Guide Performance
The analyst price target for Armstrong World Industries has been raised from $205 to $220, as analysts cite a stronger end market outlook along with anticipated growth in earnings and margin performance. Analyst Commentary Recent updates from bullish analysts highlight both drivers of optimism and points of caution regarding Armstrong World Industries’ outlook and valuation.Narrative Update • Nov 10
AWI: Earnings Guidance Increase And Sector Trends Will Shape Performance
Armstrong World Industries’ updated analyst fair value estimate has risen to $207.10 from $200.89. Analysts highlight higher price targets reflecting improved market outlook, increased sector multiples, and sustained earnings growth supported by recent management discussions.Narrative Update • Oct 27
Market Optimism And Earnings Momentum Will Shape The Future Of Construction
Analysts have raised Armstrong World Industries' price target by approximately $1.33 to $200.89. This revision is based on expectations of higher earnings, improving market conditions, and increased sector valuations.Narrative Update • Oct 13
Decarbonization And Digital Integration Will Shape Commercial Construction
Analysts have increased their price target for Armstrong World Industries by approximately $4 and now value the company at about $200. This adjustment is attributed to continued earnings growth, constructive market outlooks, and improved profit margins.Analysis Article • Sep 26
If EPS Growth Is Important To You, Armstrong World Industries (NYSE:AWI) Presents An Opportunity
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Sep 13
Decarbonization And Digital Integration Will Shape Commercial Construction
Armstrong World Industries’ price target has been raised to $195.67, reflecting analyst confidence in strong earnings growth, higher average unit values in the multi-family segment, ongoing margin improvements, and reaffirmed management guidance. Analyst Commentary Continued strong earnings growth driven by established company strategy.Analysis Article • Jul 29
Estimating The Intrinsic Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Armstrong World Industries fair value estimate is US$173...Analysis Article • Jul 16
Armstrong World Industries (NYSE:AWI) Has Some Way To Go To Become A Multi-Bagger
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Jun 29
Should You Think About Buying Armstrong World Industries, Inc. (NYSE:AWI) Now?
While Armstrong World Industries, Inc. ( NYSE:AWI ) might not have the largest market cap around , it received a lot of...Seeking Alpha • Dec 15
Armstrong World Industries: Reaching A Ceiling Here
Summary Armstrong World Industries has shown strong performance driven by organic growth and strategic acquisitions, leading to increased valuation multiples and heightened expectations. The company reported solid 2023 results, as momentum is continuing into 2024. Recent acquisitions, including 3form LLC and A. Zahner Company, have bolstered sales and earnings, while maintaining a strong balance sheet and manageable leverage. Despite impressive momentum and a solid business model, current high valuations make me cautious, awaiting a dip to reconsider investment. Read the full article on Seeking AlphaSeeking Alpha • Sep 06
Armstrong World Industries: Ceiling Performance Hits A Pricey Roof (Downgrade)
Summary Armstrong World Industries, Inc. showed mixed but mostly positive Q2 results, with increased margins and cash flow despite cost pressures and lower-than-expected revenue. Armstrong's growth in healthcare, data centers, and transportation is strong, but cost pressures and a slow commercial construction market lead to a “Hold” rating. The company’s acquisitions and margin expansion are positive, yet Armstrong stock appears pricey, making it suitable for current investors but not new buyers. Despite risks like inflation and sluggish commercial construction, Armstrong’s strategic moves and solid sector positioning support a cautious but optimistic outlook. Read the full article on Seeking Alpha
New Narrative • Aug 29
Innovations And Acquisitions Set To Boost Architectural Specialties' Growth And Margins
Integrating acquisitions like 3form and BOK Modern alongside digital initiatives like ProjectWorks will enhance market presence and client engagement, boosting revenue and margins.Shareholder Returns
| AWI | US Building | US Market | |
|---|---|---|---|
| 7D | 0.1% | 1.8% | -1.8% |
| 1Y | 0.3% | 13.6% | 23.3% |
Return vs Industry: AWI underperformed the US Building industry which returned 15.6% over the past year.
Return vs Market: AWI underperformed the US Market which returned 25.7% over the past year.
Price Volatility
| AWI volatility | |
|---|---|
| AWI Average Weekly Movement | 3.9% |
| Building Industry Average Movement | 6.2% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: AWI has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: AWI's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1860 | 4,000 | Mark Hershey | www.armstrong.com |
Armstrong World Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass, metal, wood, felt, architectural resin and glass, wood fiber, and glass-reinforced-gypsum; and ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems.
Armstrong World Industries, Inc. Fundamentals Summary
| AWI fundamental statistics | |
|---|---|
| Market cap | US$6.74b |
| Earnings (TTM) | US$306.40m |
| Revenue (TTM) | US$1.65b |
21.8x
P/E Ratio4.1x
P/S RatioIs AWI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AWI income statement (TTM) | |
|---|---|
| Revenue | US$1.65b |
| Cost of Revenue | US$983.80m |
| Gross Profit | US$664.20m |
| Other Expenses | US$357.80m |
| Earnings | US$306.40m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.18 |
| Gross Margin | 40.30% |
| Net Profit Margin | 18.59% |
| Debt/Equity Ratio | 53.9% |
How did AWI perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/22 12:11 |
| End of Day Share Price | 2026/06/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Armstrong World Industries, Inc. is covered by 23 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Kim | Barclays |
| Rafe Jadrosich | BofA Global Research |
| James Barrett | CL King & Associates, Inc. |