Armstrong World Industries, Inc. (AWI) is a Materials stock trading at $178.55 (as of 2026-08-21), with a market capitalization of $7.55B and a trailing P/E of 23.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments. The company produces suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall systems; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and acoustical controls, facades, and partitions. It sells its commercial ceiling and architectural specialties products to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, such as large home centers. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.
Armstrong World Industries makes and sells ceiling systems and related ceiling components for residential and commercial construction and renovation, and it generates revenue by selling these products through its Mineral Fiber and Architectural Specialties segments.
Armstrong's profit model is the combined performance of its two segment businesses, Mineral Fiber and Architectural Specialties, with segment net sales flowing into the company’s reported operating margin (23.0%).
| Mineral Fiber | $0.3B |
| Architectural Specialties | $0.1B |
Business quality (Solid): Segment structure is clear (Mineral Fiber and Architectural Specialties), and quarter-level margins are provided, but the supplied operating KPI values are 0.0, which limits what can be inferred about operational momentum from those specific figures.
Valuation: At 22× earnings, AWI trades in line with the Rubber & Plastic Products average (24×). Note: one-time items can distort reported P/E.
| Price | $178.55 |
| Market Cap | $7.55B |
| P/E Ratio | 23.9 |
| EV / EBITDA | 14.3 |
| Price / Book | 8.53 |
| Price / Sales | 4.45 |
| FCF Yield | 3.3% |
| DCF Value (model) | $116.72 |
| DCF Upside vs Price | -34.6% |
| Revenue (TTM) | $1.62B |
| Net Margin | 19.0% |
| Revenue Growth (YoY) | 11.2% |
| EPS Growth (YoY) | 12.9% |
| FCF Growth (YoY) | 13.1% |
| Altman Z-Score | 7.46 (safe) |
| Piotroski F-Score | 9/9 (strong) |
| Stock P/E | 23.9 |
| Sector P/E (Materials) | 25.9 |
| Industry P/E (Rubber & Plastic Products) | 24.5 |
| vs Sector | -7.6% |
| vs Industry | -2.2% |
| Top Institutional Holder | BlackRock, Inc. ($857.99M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 2 |
| Sector | Materials |
| Industry | Rubber & Plastic Products |
| CEO | Victor D. Grizzle |
| Employees | 3,600 |
| Country | US |
| IPO Date | 2006-10-18 |
Data as of 2026-08-21.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.