← BackARMSTRONG WORLD INDUSTRIES INC · Plastics Products, NECAWI
Low riskNext report: Around Feb 23, 2027 (est.)
The short versionA high-quality, profitable business with growing sales.
Going well
- Sales up 12% in the latest quarter vs a year ago
- Profitable, keeps 19% of sales as profit
- Sales up 12% last year
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 1% to their holdings in the quarter ending June 2026 (234 bought, 242 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$165.03-1.8% that day
- Company value
- $6.9B
- Share price times all shares
- Price vs profit (P/E)
- 22.0x
- You pay about $22 for each $1 of yearly profit
- Price vs sales
- 4.0x
- Company value is 4.0 times a year of sales
- Dividend yield
- 0.8%
- Yearly dividend as a share of today's price
- Cash vs value
- 1%
- Cash as a share of company value
- Debt vs value
- 6%
- Debt as a share of company value
From AWI's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Sep '26$475.8M+12% vs a year earlier
Dec '23Tap a barSep '26
Last 12 months: $1.7B, up 9.1% from the 12 months before. Over 5 years, sales grew about 12% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.37.2%
- PassDebt under half of equityNot relying on borrowed money.0.45x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.19.0%
- MissProfitable every yearSteady profits, not one good year.9 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$355.5M
- PassShare count not growingNot diluting owners. Falling means buybacks.-6.0% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.40.6%
- Revenue
- $1.6B
- +12.1% vs prior year
- 5-year growth
- +11.6%/yr
- revenue, per year
- Total debt
- $406.7M
- 0.45x equity
- Current ratio
- 1.46x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026Reported Oct 27Before open6:00 am ET - Revenue
- $475.8M
- +11.9% YoY
- EPS
- $2.17
- vs $1.98
- Op. margin
- 27.6%
- 0.0 pts
- Gross margin
- 40.1%
- -1.9 pts
- Free cash flow
- $71.5M
- Share count
- -3.0%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
65/ 100
- This week
- 1
- Normal week
- 0.6
- vs normal
- 1.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.0%Institutions added 1.0% to their holdings. 234 bought, 242 sold.
Shares held by institutions43.7M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-1.8%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.5x · $469.6M debtShares outstandingLatest reported
42MNext reportAround Feb 23, 2027 (est.)Estimated from the same quarter last year
- Results filedOct 27
- Results filedJul 28
- Results filedApr 28
- Results filedFeb 24
- Results filedOct 28, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.