Armstrong World Industries Financial Statements
NYSE: AWIIndustrialsPlastic ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Armstrong World Industries revenue and earnings
In fiscal 2025, Armstrong World Industries generated $1.62 billion in revenue, up 12.1% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $308.7 million (+16.5% year over year), for a net margin of 19.0% versus a median of 16.6% in the prior 5 years. Gross margin was 40.6% (up from 40.2%) and operating margin 26.6%.
Diluted earnings per share came in at $7.08, up from $6.02. Over the last 5 fiscal years, AWI's revenue has grown at a 11.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Armstrong World Industries income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.62B | 1.45B | 1.30B | 1.23B | 1.11B | 936.90M | 1.04B | 975.30M | 893.60M | 837.30M |
| Revenue growth (YoY) | +12.11% | +11.62% | +5.04% | +11.43% | +18.11% | -9.75% | +6.44% | +9.14% | +6.72% | +4.00% |
| Cost of Revenue | 962.10M | 864.10M | 798.20M | 784.00M | 701.00M | 603.80M | 643.00M | 641.80M | 578.20M | 530.30M |
| Gross Profit | 658.70M | 581.60M | 497.00M | 449.10M | 405.60M | 333.10M | 395.10M | 333.50M | 315.40M | 307.00M |
| Operating Expenses | 227.80M | 207.30M | 173.30M | 170.40M | 145.60M | 78.30M | 77.70M | 84.10M | 71.60M | 111.10M |
| Research & Development | 16.40M | 15.70M | 14.50M | 14.90M | 14.60M | 14.70M | 14.80M | 16.30M | 17.40M | 17.80M |
| Selling, General & Admin | 339.50M | 308.50M | 262.50M | 237.00M | 237.40M | 163.20M | 174.30M | 159.00M | 138.60M | 184.20M |
| Operating Income | 430.90M | 374.30M | 323.70M | 278.70M | 260.00M | 254.80M | 317.40M | 249.40M | 243.80M | 195.90M |
| Interest Expense | 33.00M | 39.80M | 35.30M | 27.10M | 22.90M | 24.10M | 38.40M | 39.20M | 35.40M | 49.50M |
| Other Income (Expense) | 2.40M | 12.60M | 9.90M | 6.00M | 5.60M | -357.40M | -20.40M | -32.50M | 13.70M | 4.20M |
| Pretax Income | 400.30M | 347.10M | 298.30M | 257.60M | 242.70M | -126.70M | 299.40M | 242.70M | 222.10M | 150.60M |
| Income Tax | 91.60M | 82.20M | 74.50M | 57.70M | 57.40M | -42.60M | 57.10M | 53.10M | 1.50M | 51.30M |
| Net Income | 308.70M | 264.90M | 223.80M | 202.90M | 183.20M | -99.10M | 214.50M | 185.90M | 119.60M | 104.70M |
| Net Income growth (YoY) | +16.53% | +18.36% | +10.30% | +10.75% | — | -146.20% | +15.38% | +55.43% | +14.23% | +11.15% |
| EPS (Basic) | 7.13 | 6.06 | 5.00 | 4.38 | 3.84 | -2.07 | 4.40 | 3.61 | 2.23 | 1.88 |
| EPS (Diluted) | 7.08 | 6.02 | 4.99 | 4.37 | 3.82 | -2.07 | 4.32 | 3.56 | 2.21 | 1.87 |
| Shares Outstanding (Basic) | 43.30M | 43.70M | 44.70M | 46.30M | 47.60M | 47.90M | 48.70M | 51.30M | 53.30M | 55.40M |
| Shares Outstanding (Diluted) | 43.60M | 44.00M | 44.80M | 46.40M | 47.90M | 47.90M | 49.50M | 52.10M | 53.90M | 55.70M |
| EBITDA | 551.30M | 477.50M | 412.90M | 362.40M | 356.50M | 338.80M | 389.50M | 328.80M | 333.00M | 285.10M |
| Gross Margin | 40.64% | 40.23% | 38.37% | 36.42% | 36.65% | 35.55% | 38.06% | 34.19% | 35.30% | 36.67% |
| Operating Margin | 26.59% | 25.89% | 24.99% | 22.60% | 23.50% | 27.20% | 30.58% | 25.57% | 27.28% | 23.40% |
| Net Margin | 19.05% | 18.32% | 17.28% | 16.45% | 16.56% | -10.58% | 20.66% | 19.06% | 13.38% | 12.50% |
This table shows 10 annual periods of Armstrong World Industries's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AWI's reporting calendar. What is a income statement?