AWI Armstrong World Industries Inc Common Stock
NYSE · Building · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 28, 2026AWI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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About Armstrong World Industries Inc Common Stock Company overview from Wikipedia
Armstrong World Industries, Inc. is an international designer and manufacturer of wall and ceiling building materials based in Lancaster, Pennsylvania. As of 2014, AWI
had 3,100 employees and a global manufacturing network of 17 facilities, down from 26, including nine plants dedicated to its WAVE joint venture, in 2012.
A Pennsylvania corporation incorporated in 1891, Armstrong filed for reorganization December 6, 2000 and it emerged from Chapter 11 reorganization on October 2, 2006. Its stock began trading on the New York Stock Exchange October 18, 2006. The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust in 2006 held approximately 66% of AWI's outstanding common shares.
Armstrong World Industries, Inc. and NPM Capital N.V. sold Tapijtfabriek H. Desseaux N.V. and its subsidiaries, the principal operating companies in Armstrong's European Textile and Sports Flooring business segment, to NPM Capital N.V. in April 2007. In 2022, AWI had $1.2 billion in revenue.
History
1860–1919
In 1860, Thomas M. Armstrong, the son of Scottish-Irish immigrants from Derry, joined with John D. Glass to open a one-room shop in Pittsburgh, Pennsylvania, carving bottle stoppers from cork by hand. Their first deliveries were made in a wheelbarrow. Armstrong was a business pioneer in some respects; he branded each cork he shipped as early as 1864, and soon was putting a written guarantee in each burlap bag of corks he shipped from his big, new factory. The company grew to be the largest cork supplier in the world by the 1890s. The company incorporated in 1891.
Cork began being displaced by other closures, but the company introduced insulating corkboard and brick. In 1906, two years before he died, Thomas Armstrong concluded that the solid foundation of the future was covered with linoleum, and construction began on a new factory in a cornfield at the edge of Lancaster, Pennsylvania. In 1909, Armstrong linoleum was first offered to the trade.
After corkboard, the logical move was to fiberboard, and then to ceiling board. Cork tile and linoleum led to vinyl flooring, then ceramic tile, laminate flooring, and carpeting.
In 1917, Armstrong Cork signed with the Batton Company advertising agency, a relationship that continues to this day through their corporate descendants.
1920s-1990s
In the 1920s, the Armstrong Cork Products Company and Sherwin-Williams company were the largest industrial customers for hemp fiber.
In 1938, Armstrong bought Whitall Tatum, which had been one of the larger manufacturers of glass insulators for communications and power lines since entering that field in 1922. The Whitall Tatum name was phased out, first by removing "Co." from the molds, then replacing the "WT" logo with the Armstrong logo, and finally replacing the molds with ones bearing the Armstrong name. In April 1969, the business was sold to Kerr Glass Manufacturing Corporation. Kerr eventually moved insulator production from Millville to their Dunkirk, Indiana, factory in the mid-1970s, and production ceased by the end of the decade.
During World War II, Armstrong made 50-caliber round ammunition, wing tips for airplanes, cork sound insulation for submarines, and camouflage.
In 1952, Henning W. Prentis of Armstrong Cork Company and industrialists such as Alfred P. Sloan of General Motors, Frank W. Abrams of Standard Oil Company of New Jersey, and Henry Ford II of Ford Motor Company formed the Council for Financial Aid to Education, which increased corporate gifts to colleges from $24 million annually to $136 million annually over 10 years.
In 1958, Armstrong Cork Company created Armstrong Contracting and Supply Corporation. Armstrong Cork had done insulation contracting since the early 20th century, originally focusing on cork products. Gradually, greater emphasis was placed on high-temperature insulation. In 1969, this business was sold in a leveraged buyout to 31 existing and retired employees of the contracting company, which became Irex Corporation.
C.U.E., Inc. (from Custom Urethane Elastomers) started as the Polyurethane Division of Armstrong Cork in the 1960s. The Fluorocarbon Company of Anaheim, California, bought the division in 1972. On April 7, 1986, a group of seven employees acquired the division in a leveraged buyout.
In 1964, Armstrong bought Phoenix Chair Company, following up with Founders Furniture Company in 1965, Western Carolina Furniture Company in 1966, and both Thomasville Furniture and Caldwell Furniture in 1968. In the 1970s, they expanded with a low-end bedroom-furniture line. They bought Gilliam Furniture in 1986, bought and repurposed the former Stehle polyester factory in Carysbrook, Virginia, later that year, bought Westchester Group in 1987, and Gordon's in 1988, and made a major expansion to Thomasville that year. In 1995, Thomasville Furniture was sold to Interco (which became Furniture Brands International), a leading furniture manufacturer, with such brands as Broyhill and Lane.
In 1998, Armstrong acquired Triangle Pacific Corp., a leading manufacturer of hardwood flooring and kitchen/bathroom cabinets.
Asbestos trust and bankruptcy—2000-2006
The company filed for reorganization December 6, 2000, with the federal bankruptcy court in Delaware for reorganization under Chapter 11 because pending asbestos injury claims appeared to exceed the value of the company, and were growing.
In 2002, Armstrong created a billion-dollar trust to resolve thousands of asbestos-related lawsuits filed against the firm. The trust was funded with a combination of stock and cash.
Armstrong World Industries, Inc. emerged from Chapter 11 reorganization on October 2, 2006. The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust in 2006 held approximately 66% of AWI's outstanding common shares. Armstrong's "Fourth Amended Plan of Reorganization, as Modified", dated February 21, 2006, and confirmed by U.S. District Court Judge Eduardo Robreno in August 2006, become effective October 2, 2006. The Plan included a comprehensive settlement resolving AWI's asbestos liability by establishing and funding a trust to compensate all current and future asbestos personal injury claimants. Its stock began trading on the New York Stock Exchange on October 18, 2006, under the ticker symbol AWI.
"In addition to resolving AWI’s asbestos liability, we used the time in Chapter 11 to restructure our flooring business to make it more competitive", AWI CEO Michael D. Lockhart said. "We made substantial improvements in our cost structure by closing several plants and streamlining our workforce in the U.S. We have also expanded capacity to manufacture wood flooring, broadened our product lines and improved product quality and customer service".
2007-2024
On February 15, 2007, Armstrong World Industries, Inc. announced that it was initiating a review of its strategic alternatives. On March 27, 2007, Armstrong World Industries, Inc. and NPM Capital N.V. agreed to sell Tapijtfabriek H. Desseaux N.V. and its subsidiaries, the principal operating companies in Armstrong's European Textile and Sports Flooring business segment, to NPM Capital N.V. The sale was finalized in April 2007. In 2009, Armstrong's annual net sales total was US$2.8 billion. Matthew Espe became AWI president and CEO in July 2010. In 2011, Armstrong's net sales were $2.86 billion, with operating income of $239.2 million. Armstrong Cabinets was sold by Armstrong World Industries to American Industrial Partners on October 31, 2012.
Armstrong spun off its flooring business into a new company, Armstrong Flooring (NYSE: AFI) on April 1, 2016. It began trading on the New York Stock Exchange with 3,700 employees and 17 manufacturing facilities in three countries. That day, Matthew Espe was succeeded as CEO of Armstrong World Industries by Vic Grizzle.
In 2020, Armstrong World Industries Inc. remained based in Lancaster, Pennsylvania. That February, it purchased group annuity contracts from Athene Annuity & Life Co. to transfer the majority of its U.S. pension plan liabilities. It transferred $1 billion in liabilities from the retirement income plan, affecting about 10,000 beneficiaries. In 2022, AWI had $1.2 billion in revenue. In 2024, it had 3,100 employees and 17 facilities, with its research lab in Manor Township. In January 2024, AWI acquired a stake in Overcast Innovations, a ceiling system designer in Seattle.
Armstrong Manor
The Armstrong Manor was originally purchased by Armstrong World Industries for use as a central location to house the company's young sales trainees. The home was later used in other capacities, such as meeting space and temporary housing for visiting employees. Armstrong owned the property from May 1920 to December 2011. The property is located in Lancaster, Pennsylvania.
The oldest part of Armstrong Manor, originally known as Bloomington Farm, was built in 1866 by David P. Locher, a prosperous local tanner, banker, and farmer. The 4-acre property remained a part of Locher's estate until April 9, 1906, when Grove Locher purchased the property for $21,000.
On May 29, 1920, the then Pittsburgh, Pennsylvania-based Armstrong Cork Company purchased the mansion from Grove Locher and his wife for $26,930. The company's second president, Charles D. Armstrong, was disturbed by the conditions in which his son, Dwight, and other new sales employees were living within various rented housing across Lancaster. C.D. Armstrong and his wife, Gertrude Virginia Ludden Armstrong, were also aware of the difficulties with the transition from campus life to industrial living, and desired a more comfortable living space for their sales trainees. Mr. and Mrs. Armstrong also wanted to have a suitable location for business meetings with visiting employees from other areas. The house was used as a living space for the sales trainees (all single men) during their 6-month training program at the Lancaster flooring plant. The company spent an additional $27,742.87 on renovations and renamed the property Armstrong Manor.
More recently, The Manor provided housing for visiting Armstrong employees and customers, and continued to fulfill its role as a meeting space. The property also had a facilities maintenance department (plumbers, electricians, and a mailroom) to support the property.
In November 2010, Armstrong World Industries announced its plan to close Armstrong Manor by the end of the year, citing that The Manor and the facilities department were no longer part of the “…core to being a building products manufacturer". Armstrong Manor was sold to Rodgers & Associates, a wealth management firm based in Lancaster, Pennsylvania, on December 15, 2011.
Environmental record
Armstrong Holdings Inc. used to produce asbestos, either of two incombustible, chemical-resistant, fibrous mineral forms of impure magnesium silicate, used for fireproofing, electrical insulation, building materials, brake linings, and chemical filters. On November 16, 2000, it was reported that Armstrong Holdings Inc. was facing about 173,000 asbestos personal injury claims that would cost between $758.8 million and $1.36 billion through 2006. They filed bankruptcy due to these liabilities. Armstrong by 2008 had ceased producing asbestos, instead making vinyl and wood flooring and other interior furnishings.
Manufacturing locations
ACProducts, Inc. was the seventh-largest manufacturer and distributor of cabinets in the United States as of 2013. The company offers six wood species for its stock and semicustom cabinets, including cherry, maple, oak, birch, plantation hardwood, and laminate/thermofoil, and serves over 3,000 customers through a network of 26 facilities consisting of ACP-branded showroom/selection centers, regional distribution centers, and warehouses, all in the United States. ACP is headquartered in The Colony, Texas with manufacturing operations in Thompsontown, Pennsylvania. Cabinet production facilities were owned by Armstrong World Industries but were under American Industrial Partners in 2015, with products being sold under the ACPI branding.
They produce ceiling products in the US in Hilliard, Ohio; Macon, Georgia; Marietta, Pennsylvania; Mobile, Alabama; Pensacola, Florida; St. Helens, Oregon and internationally in Rankweil, Austria; Shanghai, China; Stafford, England; Thornaby, England; Team Valley, England; Pontarlier, France; Münster, Germany; St. Gallen and Zurich, Switzerland, and Yelabuga, Russia.
All ceiling-grid components (tees, wall angle, etc.) are produced by WAVE, a joint venture with partner Worthington Industries of Columbus, Ohio. WAVE (Worthington Armstrong VEntures) has plants in Benton Harbor, Michigan; Henderson, Nevada; Aberdeen, Maryland; Shanghai, China; Prouvy, France; Team Valley, England, and Madrid, Spain.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | AWI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 22.35Y avg ≈23.3 | ≈23.3 | 30.4 | Undervalued | |
| P/S (TTM) | 4.15Y avg ≈4.0 | ≈4.0 | 2.9 | Overvalued | |
| P/B (MRQ) | 7.85Y avg ≈8.2 | ≈8.2 | 3.3 | Overvalued | |
| EV / EBITDA | 13.15Y avg ≈13.6 | ≈13.6 | 15.6 | Fair value | |
| Price / FCF (TTM) | 28.05Y avg ≈35.2 | ≈35.2 | · | · | |
| Price / Cash Flow (TTM) | 19.25Y avg ≈22.2 | ≈22.2 | 14.5 | Overvalued | |
| EV / Revenue | 4.55Y avg ≈4.4 | ≈4.4 | · | · | |
| EV / FCF | 29.45Y avg ≈38.6 | ≈38.6 | · | · | |
| Price / Tangible Book (MRQ) | 15.35Y avg ≈400.3 | ≈400.3 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | AWI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 40.3%5Y avg ≈38.5% | ≈38.5% | 38.2% | Top tier | |
| Operating Margin (TTM) | 25.8%5Y avg ≈24.7% | ≈24.7% | 14.8% | Top tier | |
| EBITDA Margin (TTM) | 32.9%5Y avg ≈32.1% | ≈32.1% | 16.0% | Top tier | |
| Pretax Margin (TTM) | 24.2%5Y avg ≈22.9% | ≈22.9% | 13.5% | Top tier | |
| Net Profit Margin (TTM) | 18.6%5Y avg ≈17.5% | ≈17.5% | 10.7% | Top tier | |
| ROA (TTM) | 16.3%5Y avg ≈13.5% | ≈13.5% | 7.5% | Top tier | |
| ROE (TTM) | 36.6%5Y avg ≈36.6% | ≈36.6% | 12.6% | Top tier | |
| ROIC | 25.4%5Y avg ≈20.8% | ≈20.8% | 14.5% | Top tier |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | AWI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.65Y avg ≈0.9 | ≈0.9 | 0.3 | High debt | |
| Current Ratio (MRQ) | 1.55Y avg ≈1.6 | ≈1.6 | 1.9 | Low liquidity | |
| Quick Ratio | 0.95Y avg ≈1.0 | ≈1.0 | 1.0 | In line | |
| Long-Term Debt / Equity (MRQ) | 0.55Y avg ≈0.9 | ≈0.9 | 0.4 | Above avg | |
| Interest Coverage | 13.15Y avg ≈10.7 | ≈10.7 | 9.0 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | AWI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 12.1%5Y avg ≈11.7% | ≈11.7% | · | · | |
| Revenue CAGR 3Y | 9.5%5Y avg ≈10.1% | ≈10.1% | · | · | |
| Revenue CAGR 5Y | 11.6% | · | · | · | |
| EPS YoY | 17.6%5Y avg ≈16.7% | ≈16.7% | · | · | |
| Net Income YoY | 16.5%5Y avg ≈14.0% | ≈14.0% | · | · | |
| EPS CAGR 3Y | 17.4% | · | · | · | |
| Net Income CAGR 3Y | 15.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | AWI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.95Y avg ≈0.8 | ≈0.8 | 0.8 | In line | |
| Inventory Turnover | 8.25Y avg ≈7.9 | ≈7.9 | 4.7 | Top tier | |
| Receivables Turnover | 12.25Y avg ≈11.7 | ≈11.7 | 8.7 | Top tier | |
| Revenue / Employee | ≈$405.2K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 5, 2026 | $0.34 | USD | ≈0.73% |
| May 11, 2026 | $0.34 | USD | ≈0.83% |
| Mar 5, 2026 | $0.34 | USD | ≈0.75% |
| Nov 6, 2025 | $0.34 | USD | ≈0.68% |
| Aug 7, 2025 | $0.31 | USD | ≈0.66% |
| May 8, 2025 | $0.31 | USD | ≈0.79% |
| Mar 6, 2025 | $0.31 | USD | ≈0.79% |
| Nov 7, 2024 | $0.31 | USD | ≈0.75% |
| Aug 8, 2024 | $0.28 | USD | ≈0.93% |
| May 8, 2024 | $0.28 | USD | ≈0.94% |
| Feb 28, 2024 | $0.28 | USD | ≈0.88% |
| Nov 1, 2023 | $0.28 | USD | ≈1.3% |
| Aug 2, 2023 | $0.25 | USD | ≈1.3% |
| May 3, 2023 | $0.25 | USD | ≈1.5% |
| Mar 1, 2023 | $0.25 | USD | ≈1.2% |
| Nov 2, 2022 | $0.25 | USD | ≈1.3% |
| Aug 3, 2022 | $0.23 | USD | ≈1.0% |
| May 4, 2022 | $0.23 | USD | ≈1.0% |
| Mar 2, 2022 | $0.23 | USD | ≈0.98% |
| Nov 3, 2021 | $0.23 | USD | ≈0.79% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 27, 2026 | $2.36 | $2.27 | 3.9% |
| March 31, 2026 | $1.69 | $1.83 | -7.4% | |
| Dec. 31, 2025 | $1.61 | $1.69 | -4.9% | |
| Sept. 30, 2025 | $2.05 | $2.05 | -0.04% | |
| June 30, 2025 | $2.09 | $1.80 | 16.1% | |
| March 31, 2025 | $1.66 | $1.54 | 7.7% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.62B | $1.45B | $1.30B | $1.23B | $1.11B | $937M | $1.04B | $975M | $894M | $837M | $805M | $1.29B | |
| Cost of Revenue | $962M | $864M | $798M | $784M | $701M | $604M | $643M | $642M | $578M | $530M | $499M | $911M | |
| Gross Profit | $659M | $582M | $497M | $449M | $406M | $333M | $395M | $334M | $315M | $307M | $306M | $383M | |
| R&D Expense | $16M | $16M | $14M | $15M | $15M | $15M | $15M | $16M | $17M | $18M | $19M | $20M | |
| SG&A Expense | $340M | $308M | $262M | $237M | $237M | $163M | $174M | $159M | $139M | $184M | $181M | $250M | |
| Operating Income | $431M | $374M | $324M | $279M | $260M | $255M | $317M | $249M | $244M | $196M | $157M | $198M | |
| Interest Expense | $33M | $40M | $35M | $27M | $23M | $24M | $38M | $39M | $35M | $50M | $45M | $46M | |
| Other Non-op | $-200.0K | $100.0K | $500.0K | $200.0K | $200.0K | $1M | $300.0K | $-5M | $600.0K | $800.0K | $-5M | · | |
| Pretax Income | $400M | $347M | $298M | $258M | $243M | $-127M | $299M | $243M | $222M | $151M | $95M | $148M | |
| Income Tax | $92M | $82M | $74M | $58M | $57M | $-43M | $57M | $53M | $2M | $51M | $37M | $69M | |
| Net Income | $309M | $265M | $224M | $203M | $183M | $-99M | $214M | $186M | $120M | $105M | $94M | $64M | |
| EPS (Basic) | $7.13 | $6.06 | $5.00 | $4.38 | $3.84 | $-2.07 | $4.40 | $3.61 | $2.23 | $1.88 | $1.69 | $1.15 | |
| EPS (Diluted) | $7.08 | $6.02 | $4.99 | $4.37 | $3.82 | $-2.07 | $4.32 | $3.56 | $2.21 | $1.87 | $1.68 | $1.14 | |
| Shares (Basic) | 43,300,000 | 43,700,000 | 44,700,000 | 46,300,000 | 47,600,000 | 47,900,000 | 48,700,000 | 51,300,000 | 53,300,000 | 55,400,000 | 55,500,000 | 55,000,000 | |
| Shares (Diluted) | 43,600,000 | 44,000,000 | 44,800,000 | 46,400,000 | 47,900,000 | 47,900,000 | 49,500,000 | 52,100,000 | 53,900,000 | 55,700,000 | 55,900,000 | 55,400,000 | |
| EBITDA | $551M | $478M | $413M | $362M | $356M | $339M | $390M | · | $344M | $274M | $306M | $368M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $113M | $79M | $71M | $106M | $98M | $137M | $45M | $326M | $160M | $142M | $209M | $140M | |
| Receivables | $130M | $134M | $111M | $112M | $109M | $78M | $85M | $80M | $91M | $59M | $114M | $195M | |
| Inventory | $125M | $110M | $104M | $110M | $90M | $82M | $68M | $61M | $54M | $47M | $101M | $336M | |
| Prepaid Expense | $22M | $20M | $16M | $17M | $17M | $12M | $8M | $4M | $7M | $6M | $20M | $48M | |
| Other Current Assets | $24M | $22M | $26M | $26M | $23M | $13M | $16M | $5M | $8M | $11M | $34M | $59M | |
| Current Assets | $392M | $349M | $313M | $356M | $322M | $312M | $244M | $718M | $649M | $406M | $881M | $812M | |
| PP&E (Net) | $631M | $599M | $566M | $554M | $543M | $530M | $525M | $501M | $500M | $465M | $648M | $1.06B | |
| Accum. Depreciation | $736M | $659M | $598M | $550M | $494M | $487M | $448M | $413M | $361M | $324M | $404M | $644M | |
| Goodwill | $218M | $203M | $176M | $167M | $167M | $161M | $53M | $19M | $11M | $500.0K | · | · | |
| Intangibles | $425M | $455M | $412M | $408M | $421M | $458M | $412M | $423M | · | $433M | $447M | $501M | |
| Other Non-current Assets | $51M | $50M | $51M | $59M | $58M | $58M | $58M | $68M | $64M | $63M | $57M | $68M | |
| Total Assets | $1.92B | $1.84B | $1.67B | $1.69B | $1.71B | $1.72B | $1.49B | $1.84B | $1.87B | $1.76B | $2.69B | $2.61B | |
| Accounts Payable | $237M | $215M | $160M | $172M | $175M | $136M | $144M | $383M | $108M | $117M | $231M | $346M | |
| Current Liabilities | $267M | $250M | $194M | $183M | $210M | $172M | $155M | $550M | $270M | $224M | $436M | $388M | |
| Capital Leases | $38M | $30M | $20M | $13M | $16M | $15M | $30M | · | · | · | · | · | |
| Deferred Tax | $193M | $167M | $167M | $169M | $167M | $158M | $164M | $124M | $142M | $154M | $107M | $145M | |
| Other Non-current Liabilities | $34M | $28M | $27M | $26M | $47M | $76M | $38M | $38M | $36M | $27M | $43M | $53M | |
| Long-term Debt | $407M | $525M | $587M | $651M | $631M | $716M | $611M | $820M | $850M | $874M | $988M | $1.04B | |
| Total Debt | $407M | $525M | $587M | $651M | $631M | $716M | · | · | $850M | $874M | $1.00B | $1.04B | |
| Common Stock | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | |
| Retained Earnings | $1.81B | $1.56B | $1.35B | $1.17B | $1.01B | $870M | $1.01B | $830M | $598M | $470M | $365M | $271M | |
| Treasury Stock | $1.43B | $1.30B | $1.24B | $1.11B | $944M | $864M | $824M | $692M | $386M | $305M | $261M | $261M | |
| AOCI | $-103M | $-110M | $-105M | $-100M | $-110M | $-109M | $-376M | $-460M | $-346M | $-404M | $-487M | $-496M | |
| Stockholders' Equity | $901M | $757M | $592M | $535M | $520M | $451M | $365M | $226M | $384M | $266M | $769M | $649M | |
| Liabilities + Equity | $1.92B | $1.84B | $1.67B | $1.69B | $1.71B | $1.72B | $1.49B | $1.84B | $1.87B | $1.76B | $2.69B | $2.61B | |
| Shares Outstanding | 42,916,593 | 43,561,649 | 43,902,061 | 45,572,185 | 47,302,299 | 47,913,821 | 47,992,348 | 48,808,239 | 52,772,139 | 54,428,233 | 55,359,064 | 55,126,153 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $120M | $103M | $89M | $84M | $96M | $84M | $72M | $79M | $89M | $89M | $118M | $129M | |
| Stock-based Comp | $22M | $18M | $19M | $14M | $11M | $7M | $10M | $14M | $10M | $12M | $13M | $13M | |
| Deferred Tax | $24M | $700.0K | $-900.0K | $-1M | $9M | $-90M | $19M | $-3M | $-31M | $38M | $22M | $33M | |
| Amort. of Intangibles | $25M | $20M | $15M | $16M | $34M | $22M | $20M | $15M | $15M | $14M | $14M | $14M | |
| Restructuring | · | · | · | · | · | · | · | · | · | $34M | $34M | · | |
| Other Non-cash | $-120M | $-120M | $-97M | $-117M | $-112M | $317M | $-132M | · | $-53M | $-194M | $-40M | $-27M | |
| Operating Cash Flow | $356M | $267M | $234M | $182M | $187M | $219M | $183M | $203M | $170M | $49M | $204M | $209M | |
| CapEx | $109M | $83M | $84M | $75M | $80M | $55M | $71M | $72M | $90M | $104M | $171M | $223M | |
| Investing Cash Flow | $-4M | $-79M | $-10M | $28M | $-14M | $-141M | $-89M | $310M | $-54M | $-17M | $-102M | $-149M | |
| Debt Issued | $411M | $0 | $0 | $450M | $0 | $0 | $500M | · | · | $364M | · | · | |
| Net Debt Issued | $-17M | $-22M | $0 | $-19M | $-25M | $-6M | $-325M | · | $-25M | $-71M | $-40M | $-24M | |
| Stock Repurchased | $129M | $56M | $132M | $165M | $80M | $44M | $131M | $307M | $80M | $44M | · | · | |
| Net Stock Activity | $-129M | $-55M | $-132M | $-165M | $-80M | $-44M | $-131M | · | $-80M | $-44M | · | · | |
| Dividends Paid | $55M | $51M | $47M | $44M | $41M | $39M | $36M | $9M | · | · | $1M | $1M | |
| Financing Cash Flow | $-319M | $-178M | $-259M | $-202M | $-212M | $14M | $-385M | $-329M | $-103M | $-129M | $-32M | $3M | |
| Net Change in Cash | $33M | $8M | $-35M | $8M | $-39M | $92M | $-290M | $176M | $18M | $-103M | $60M | $50M | |
| Taxes Paid | $69M | $88M | $72M | $63M | $52M | $11M | $58M | $52M | $32M | $34M | $44M | $15M | |
| Free Cash Flow | $246M | $184M | $150M | $108M | $107M | $163M | $111M | · | $81M | $-55M | $33M | $-14M | |
| Levered FCF | $221M | $154M | $123M | $87M | $90M | $147M | $80M | · | $46M | $-87M | $14M | $-39M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.6% | 40.2% | 38.4% | 36.4% | 36.6% | 35.5% | 38.1% | · | 36.2% | 30.1% | 24.9% | 23.2% | |
| Operating Margin | 26.6% | 25.9% | 25.0% | 22.6% | 23.5% | 27.2% | 30.6% | · | 28.5% | 14.9% | 7.7% | 9.5% | |
| Net Margin | 19.1% | 18.3% | 17.3% | 16.4% | 16.6% | -10.6% | 20.7% | · | 17.3% | 8.5% | 3.9% | 2.5% | |
| Pretax Margin | 24.7% | 24.0% | 23.0% | 20.9% | 21.9% | -13.5% | 28.8% | · | 24.9% | 11.7% | 5.1% | 7.4% | |
| EBITDA Margin | 34.0% | 33.0% | 31.9% | 29.4% | 32.2% | 36.2% | 37.5% | · | 38.5% | 22.2% | 12.6% | 14.6% | |
| ROA | 16.4% | 15.1% | 13.3% | 11.9% | 10.7% | -6.2% | · | · | 8.5% | 4.7% | 3.6% | 2.4% | |
| ROE | 35.5% | 35.9% | 38.0% | 38.4% | 35.2% | -22.2% | · | · | 39.4% | 39.9% | 12.1% | 9.7% | |
| ROIC | 25.4% | 22.3% | 20.6% | 18.2% | 17.2% | 14.5% | · | · | 20.0% | 10.5% | 4.5% | 7.8% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.5 | 1.4 | 1.6 | 2.0 | 1.5 | 1.8 | · | · | 2.4 | 1.8 | 2.0 | 2.1 | |
| Quick Ratio | 0.9 | 0.9 | 0.9 | 1.2 | 1.0 | 1.2 | · | · | 0.9 | 1.1 | 1.0 | 1.0 | |
| Debt / Equity | 0.5 | 0.7 | 1.0 | 1.2 | 1.2 | 1.6 | · | · | 2.0 | 3.3 | 1.3 | 1.6 | |
| LT Debt / Equity | 0.4 | 0.7 | 1.0 | 1.2 | 1.2 | 1.5 | · | · | 2.0 | 3.2 | 1.2 | 1.5 | |
| Interest Coverage | 13.1 | 9.4 | 9.2 | 10.3 | 11.4 | 10.6 | 8.3 | · | 7.2 | 3.7 | 4.1 | 5.2 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.9 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 | · | · | 0.5 | 0.6 | 0.9 | 0.9 | |
| Inventory Turnover | 8.2 | 8.1 | 7.5 | 7.8 | 8.2 | 8.1 | · | · | 11.3 | 8.2 | 5.3 | 5.9 | |
| Receivables Turnover | 12.2 | 11.8 | 11.6 | 11.1 | 11.8 | 11.5 | · | · | 11.9 | 11.1 | 12.8 | 12.6 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $20.99 | $17.38 | $13.48 | $11.74 | $10.99 | $9.41 | · | · | $7.95 | $4.89 | $13.89 | $11.77 | |
| Revenue / Share | $37.17 | $32.86 | $28.91 | $26.58 | $23.10 | $19.56 | $20.97 | · | $16.58 | $22.16 | $43.29 | $45.40 | |
| Cash Flow / Share | $8.15 | $6.06 | $5.21 | $3.93 | $3.91 | $4.57 | $3.69 | · | $3.16 | $0.89 | $3.64 | $3.77 | |
| Cash / Share | $2.63 | $1.82 | $1.61 | $2.33 | $2.07 | $2.86 | · | · | $3.02 | $2.61 | $4.42 | $3.36 | |
| Dividend Paid / Share | $1.26 | $1.15 | $1.04 | $0.95 | $0.86 | $0.81 | $0.72 | $0.17 | · | · | · | · | |
| EPS (TTM) | $7.08 | $6.02 | $4.99 | $4.37 | $3.82 | $-2.07 | $4.32 | $3.56 | $2.21 | $1.87 | $1.68 | $1.14 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 12.1% | 11.6% | 5.0% | 11.4% | 18.1% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 9.5% | 9.3% | 11.4% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 11.6% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 17.6% | 20.6% | 14.2% | 14.4% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 17.4% | 16.4% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 16.5% | 18.4% | 10.3% | 10.8% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 15.0% | 13.1% | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 7.1% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.62B | $1.45B | $1.30B | $1.23B | $1.11B | $937M | $1.04B | $975M | $894M | $837M | $805M | $1.29B | |
| Net Income TTM | $309M | $265M | $224M | $203M | $183M | $-99M | $214M | $186M | $120M | $105M | $94M | $64M | |
| Market Cap | $8.20B | $6.16B | $4.32B | $3.13B | $5.49B | $3.56B | · | · | $3.20B | $2.28B | $2.53B | $2.82B | |
| Enterprise Value | $8.50B | $6.60B | $4.83B | $3.67B | $6.03B | $4.14B | · | · | $3.89B | $3.01B | $3.29B | $3.68B | |
| P/E | 27.0 | 23.5 | 19.7 | 15.7 | 30.4 | -35.9 | 21.8 | 16.4 | 27.4 | 22.4 | 27.2 | 44.8 | |
| P/S | 5.1 | 4.3 | 3.3 | 2.5 | 5.0 | 3.8 | · | · | 3.6 | 2.7 | 3.1 | 2.2 | |
| P/B | 9.1 | 8.1 | 7.3 | 5.8 | 10.6 | 7.9 | · | · | 7.6 | 8.5 | 3.3 | 4.3 | |
| P / Tangible Book | 31.8 | 62.3 | 1106.8 | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 23.1 | 23.1 | 18.5 | 17.1 | 29.3 | 16.3 | · | · | 18.8 | 46.1 | 12.4 | 13.5 | |
| P / FCF | 33.3 | 33.5 | 28.8 | 29.1 | 51.1 | 21.8 | · | · | 39.6 | -41.4 | 76.7 | -199.9 | |
| EV / EBITDA | 15.4 | 13.8 | 11.7 | 10.1 | 16.9 | 12.2 | · | · | 11.3 | 11.0 | 10.8 | 10.0 | |
| EV / FCF | 34.5 | 35.9 | 32.3 | 34.1 | 56.1 | 25.4 | · | · | 48.2 | -54.8 | 99.7 | -260.7 | |
| EV / Revenue | 5.2 | 4.6 | 3.7 | 3.0 | 5.4 | 4.4 | · | · | 4.3 | 3.6 | 4.1 | 2.8 | |
| Dividend Yield | 0.67% | 0.82% | 1.1% | 1.4% | 0.75% | 1.1% | · | · | · | · | 0.05% | 0.05% | |
| Earnings Yield | 3.7% | 4.3% | 5.1% | 6.4% | 3.3% | -2.8% | 4.6% | 6.1% | 3.6% | 4.5% | 3.7% | 2.2% | |
| Payout Ratio | 17.9% | 19.1% | 21.0% | 21.8% | 22.6% | -39.6% | 16.6% | · | · | · | 1.3% | 2.0% | |
| Annual Payout | $55M | $51M | $47M | $44M | $41M | $39M | $36M | $9M | · | · | $1M | $1M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $472M | $410M | $388M | $425M | $425M | $383M | $368M | $387M | $365M | $326M | $312M | $347M | $325M | $310M | $304M | $325M | |
| Cost of Revenue | $277M | $255M | $234M | $247M | $249M | $233M | $224M | $222M | $216M | $202M | $193M | $206M | $201M | $198M | $193M | $208M | |
| Gross Profit | $195M | $155M | $154M | $178M | $176M | $150M | $144M | $164M | $149M | $124M | $120M | $141M | $124M | $112M | $112M | $118M | |
| SG&A Expense | $94M | $88M | $87M | $90M | $84M | $78M | $85M | $78M | $81M | $65M | $73M | $65M | $62M | $63M | $59M | $59M | |
| Operating Income | $134M | $94M | $92M | $117M | $123M | $98M | $82M | $111M | $95M | $86M | $66M | $100M | $87M | $70M | $71M | $73M | |
| Interest Expense | $8M | $7M | $8M | $8M | $9M | $8M | $9M | $10M | $11M | $9M | $9M | $9M | $9M | $9M | $9M | $7M | |
| Other Non-op | $900.0K | $2M | $-2M | $500.0K | $700.0K | $700.0K | $-9M | $3M | $3M | $3M | $-6M | $2M | $2M | $2M | $-4M | $1M | |
| Pretax Income | $127M | $88M | $85M | $110M | $115M | $91M | $76M | $104M | $87M | $80M | $61M | $94M | $80M | $64M | $63M | $68M | |
| Income Tax | $30M | $22M | $19M | $23M | $28M | $22M | $14M | $27M | $21M | $20M | $14M | $24M | $20M | $17M | $14M | $13M | |
| Net Income | $97M | $67M | $66M | $86M | $88M | $69M | $62M | $77M | $66M | $60M | $47M | $70M | $60M | $47M | $49M | $58M | |
| EPS (Basic) | $2.28 | $1.56 | $1.52 | $2.00 | $2.02 | $1.59 | $1.43 | $1.76 | $1.50 | $1.37 | $1.06 | $1.56 | $1.34 | $1.04 | $1.07 | $1.25 | |
| EPS (Diluted) | $2.26 | $1.55 | $1.51 | $1.98 | $2.01 | $1.58 | $1.41 | $1.75 | $1.50 | $1.36 | $1.05 | $1.56 | $1.34 | $1.04 | $1.07 | $1.25 | |
| Shares (Basic) | 42,500,000 | 42,800,000 | · | 43,200,000 | 43,400,000 | 43,500,000 | · | 43,700,000 | 43,800,000 | 43,800,000 | · | 44,500,000 | 44,900,000 | 45,400,000 | · | 46,100,000 | |
| Shares (Diluted) | 42,700,000 | 43,200,000 | · | 43,600,000 | 43,700,000 | 43,800,000 | · | 43,900,000 | 44,000,000 | 44,100,000 | · | 44,600,000 | 45,000,000 | 45,500,000 | · | 46,100,000 | |
| EBITDA | $134M | $124M | · | $117M | $123M | $128M | · | $111M | $95M | $110M | · | $100M | $87M | $91M | · | $73M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $79M | $80M | $113M | $90M | $81M | $83M | $79M | $74M | $74M | $70M | · | $97M | $102M | $96M | · | $87M | |
| Receivables | $189M | $166M | $130M | $158M | $155M | $151M | $134M | $131M | $136M | $125M | · | $117M | $117M | $122M | · | $119M | |
| Inventory | $127M | $130M | $125M | $124M | $116M | $117M | $110M | $116M | $114M | $106M | · | $107M | $109M | $113M | · | $115M | |
| Prepaid Expense | $22M | $23M | $22M | $20M | $18M | $18M | $20M | $18M | $15M | $17M | · | $15M | $17M | $18M | · | $17M | |
| Other Current Assets | $26M | $28M | $24M | $20M | $19M | $20M | $22M | $34M | $24M | $29M | · | $28M | $31M | $30M | · | $24M | |
| Current Assets | $425M | $402M | $392M | $396M | $376M | $372M | $349M | $358M | $351M | $331M | · | $350M | $362M | $362M | · | $352M | |
| PP&E (Net) | $630M | $624M | $631M | $599M | $595M | $596M | $599M | $577M | $599M | $560M | · | $559M | $559M | $560M | · | $541M | |
| Accum. Depreciation | $769M | $756M | $736M | $720M | $702M | $679M | $659M | $643M | $626M | $614M | · | $588M | $572M | $566M | · | $534M | |
| Goodwill | $259M | $257M | $218M | $214M | $208M | $210M | $203M | $195M | $194M | $175M | · | $175M | $167M | $167M | · | $167M | |
| Intangibles | $432M | $438M | $425M | $430M | $435M | $440M | $455M | $439M | $443M | $409M | · | $414M | $412M | $405M | · | $409M | |
| Other Non-current Assets | $44M | $53M | $51M | $48M | $48M | $47M | $50M | $56M | $52M | $50M | · | $52M | $53M | $52M | · | $64M | |
| Total Assets | $2.01B | $1.99B | $1.92B | $1.89B | $1.86B | $1.85B | $1.84B | $1.80B | $1.82B | $1.69B | · | $1.71B | $1.71B | $1.69B | · | $1.74B | |
| Accounts Payable | $241M | $214M | $237M | $219M | $188M | $179M | $215M | $180M | $163M | $131M | · | $150M | $148M | $137M | · | $179M | |
| Current Liabilities | $280M | $262M | $267M | $261M | $233M | $232M | $250M | $218M | $200M | $184M | · | $186M | $177M | $166M | · | $212M | |
| Capital Leases | $39M | $40M | $38M | $40M | $30M | $30M | $30M | $29M | $30M | $20M | · | $21M | $22M | $11M | · | $13M | |
| Deferred Tax | $196M | $195M | $193M | $187M | $164M | $165M | $167M | $166M | $165M | $166M | · | $170M | $168M | $168M | · | $175M | |
| Other Non-current Liabilities | $32M | $30M | $34M | $33M | $32M | $30M | $28M | $34M | $26M | $24M | · | $28M | $28M | $27M | · | $27M | |
| Long-term Debt | $492M | $479M | $407M | $409M | $484M | $520M | $525M | $556M | $644M | $581M | · | $622M | $652M | $666M | · | $683M | |
| Total Debt | $492M | $479M | · | $409M | $484M | $520M | · | $556M | $644M | $581M | · | $622M | $652M | $666M | · | $683M | |
| Common Stock | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | $600.0K | · | $600.0K | $600.0K | $600.0K | · | $600.0K | |
| Retained Earnings | $1.95B | $1.87B | $1.81B | $1.76B | $1.69B | $1.62B | $1.56B | $1.51B | $1.45B | $1.39B | · | $1.31B | $1.25B | $1.21B | · | $1.13B | |
| Treasury Stock | $1.56B | $1.49B | $1.43B | $1.38B | $1.35B | $1.32B | $1.30B | $1.28B | $1.27B | $1.26B | · | $1.21B | $1.17B | $1.14B | · | $1.09B | |
| AOCI | $-103M | $-102M | $-103M | $-109M | $-109M | $-111M | $-110M | $-113M | $-106M | $-106M | · | $-104M | $-102M | $-102M | · | $-92M | |
| Stockholders' Equity | $884M | $893M | $901M | $889M | $838M | $793M | $757M | $717M | $669M | $627M | $592M | $586M | $567M | $545M | $535M | $521M | |
| Liabilities + Equity | $2.01B | $1.99B | $1.92B | $1.89B | $1.86B | $1.85B | $1.84B | $1.80B | $1.82B | $1.69B | · | $1.71B | $1.71B | $1.69B | · | $1.74B | |
| Shares Outstanding | 42,327,893 | 42,612,212 | 42,916,593 | 43,172,826 | 43,319,850 | 43,424,918 | 43,561,649 | 43,664,677 | 43,787,757 | 43,777,371 | 43,902,061 | 44,304,517 | 44,823,285 | 45,217,244 | 45,572,185 | 45,771,839 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $30M | $30M | $30M | $30M | $30M | $29M | $27M | $26M | $26M | $24M | $23M | $23M | $22M | $21M | $20M | $21M | |
| Stock-based Comp | $6M | $4M | $6M | $6M | $5M | $4M | $4M | $5M | $5M | $4M | $7M | $4M | $4M | $4M | $3M | $4M | |
| Amort. of Intangibles | $6M | $6M | $6M | $6M | $6M | $7M | $5M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Other Non-cash | · | $-68M | · | · | · | $-62M | · | · | · | $-62M | · | · | · | $-46M | · | · | |
| Operating Cash Flow | $94M | $32M | $110M | $123M | $82M | $41M | $87M | $96M | $57M | $26M | $57M | $82M | $68M | $26M | $63M | $56M | |
| CapEx | $24M | $18M | $48M | $23M | $20M | $19M | $29M | $19M | $20M | $15M | $24M | $19M | $19M | $22M | $28M | $19M | |
| Investing Cash Flow | $6M | $-51M | $-20M | $4M | $7M | $6M | $-18M | $20M | $-87M | $6M | $200.0K | $-5M | $-4M | $-2M | $20M | $10M | |
| Net Debt Issued | · | $-3M | · | · | · | $-6M | · | · | · | $-6M | · | · | · | $0 | · | · | |
| Stock Repurchased | $77M | $61M | $50M | $27M | $30M | $22M | $16M | $15M | $10M | $15M | $35M | $40M | $30M | $27M | $20M | $60M | |
| Net Stock Activity | · | $-61M | · | · | · | $-22M | · | · | · | $-15M | · | · | · | $-27M | · | · | |
| Dividends Paid | $16M | $15M | $15M | $13M | $14M | $13M | $14M | $12M | $13M | $12M | $12M | $11M | $12M | $12M | $12M | $11M | |
| Financing Cash Flow | $-101M | $-13M | $-67M | $-117M | $-91M | $-44M | $-62M | $-117M | $34M | $-33M | $-84M | $-82M | $-58M | $-35M | $-64M | $-57M | |
| Net Change in Cash | $-1M | $-33M | $23M | $9M | $-2M | $4M | $6M | $100.0K | $4M | $-1M | $-26M | $-5M | $6M | $-10M | $19M | $8M | |
| Taxes Paid | $42M | $4M | $16M | $8M | $44M | $2M | $22M | $22M | $43M | $2M | $21M | $18M | $31M | $2M | $11M | $19M | |
| Free Cash Flow | · | $14M | · | · | · | $22M | · | · | · | $12M | · | · | · | $4M | · | · | |
| Levered FCF | · | $9M | · | · | · | $15M | · | · | · | $5M | · | · | · | $-3M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.3% | 37.9% | · | 42.0% | 41.4% | 39.2% | · | 42.4% | 40.9% | 38.1% | · | 40.7% | 38.1% | 36.1% | · | 36.1% | |
| Operating Margin | 28.3% | 23.0% | · | 27.6% | 29.0% | 25.7% | · | 28.8% | 26.0% | 26.4% | · | 28.8% | 26.7% | 22.6% | · | 22.6% | |
| Net Margin | 20.5% | 16.3% | · | 20.3% | 20.7% | 18.1% | · | 19.9% | 18.1% | 18.4% | · | 20.0% | 18.5% | 15.2% | · | 17.7% | |
| Pretax Margin | 26.9% | 21.6% | · | 25.8% | 27.2% | 23.7% | · | 26.9% | 23.9% | 24.6% | · | 27.0% | 24.6% | 20.6% | · | 20.8% | |
| EBITDA Margin | 28.3% | 30.2% | · | 27.6% | 29.0% | 33.4% | · | 28.8% | 26.0% | 33.8% | · | 28.8% | 26.7% | 29.4% | · | 22.6% | |
| ROA | 5.0% | 3.5% | · | 4.7% | 4.8% | 3.9% | · | 4.4% | 3.7% | 3.5% | · | 4.0% | 3.5% | 2.8% | · | 3.3% | |
| ROE | 11.2% | 7.9% | · | 10.8% | 11.7% | 9.7% | · | 11.8% | 10.7% | 10.2% | · | 12.6% | 11.0% | 8.7% | · | 11.0% | |
| ROIC | 7.4% | 5.2% | · | 7.1% | 7.1% | 5.7% | · | 6.5% | 5.5% | 5.3% | · | 6.2% | 5.4% | 4.3% | · | 4.9% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.5 | 1.5 | · | 1.5 | 1.6 | 1.6 | · | 1.6 | 1.8 | 1.8 | · | 1.9 | 2.0 | 2.2 | · | 1.7 | |
| Quick Ratio | 1.0 | 0.9 | · | 0.9 | 1.0 | 1.0 | · | 0.9 | 1.0 | 1.1 | · | 1.1 | 1.2 | 1.3 | · | 1.0 | |
| Debt / Equity | 0.6 | 0.5 | · | 0.5 | 0.6 | 0.7 | · | 0.8 | 1.0 | 0.9 | · | 1.1 | 1.1 | 1.2 | · | 1.3 | |
| LT Debt / Equity | 0.5 | 0.5 | · | 0.4 | 0.6 | 0.6 | · | 0.7 | 0.9 | 0.9 | · | 1.0 | 1.1 | 1.2 | · | 1.3 | |
| Interest Coverage | 17.2 | 12.9 | · | 14.3 | 14.3 | 11.6 | · | 10.6 | 8.6 | 9.6 | · | 11.4 | 9.5 | 8.1 | · | 10.5 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | 2.3 | 2.1 | · | 2.1 | 2.2 | 2.1 | · | 2.0 | 1.9 | 1.8 | · | 1.9 | 1.8 | 1.8 | · | 2.0 | |
| Receivables Turnover | 2.7 | 2.6 | · | 2.9 | 2.9 | 2.8 | · | 3.1 | 2.9 | 2.6 | · | 2.9 | 2.6 | 2.6 | · | 2.9 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $20.89 | $20.95 | · | $20.60 | $19.34 | $18.27 | · | $16.42 | $15.28 | $14.32 | · | $13.22 | $12.64 | $12.05 | · | $11.39 | |
| Revenue / Share | $11.05 | $9.49 | · | $9.75 | $9.72 | $8.74 | · | $8.81 | $8.30 | $7.40 | · | $7.79 | $7.23 | $6.82 | · | $7.05 | |
| Cash Flow / Share | · | $0.74 | · | · | · | $0.94 | · | · | · | $0.60 | · | · | · | $0.58 | · | · | |
| Cash / Share | $1.86 | $1.87 | · | $2.09 | $1.87 | $1.91 | · | $1.69 | $1.68 | $1.59 | · | $2.18 | $2.27 | $2.12 | · | $1.90 | |
| Dividend Paid / Share | $0.34 | $0.34 | $0.34 | $0.31 | $0.31 | $0.31 | $0.31 | $0.28 | $0.28 | $0.28 | $0.28 | $0.25 | $0.25 | $0.25 | $0.25 | $0.23 | |
| EPS (TTM) | $7.30 | $7.05 | · | $6.98 | $6.75 | $6.24 | · | $5.66 | $5.47 | $5.31 | · | $5.01 | $4.70 | $4.47 | · | $4.18 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.70B | $1.65B | · | $1.60B | $1.56B | $1.50B | · | $1.39B | $1.35B | $1.31B | · | $1.29B | $1.27B | $1.26B | · | $1.21B | |
| Net Income TTM | $315M | $306M | · | $305M | $296M | $274M | · | $250M | $242M | $236M | · | $226M | $214M | $206M | · | $196M | |
| Market Cap | $6.79B | $7.02B | · | $8.46B | $7.04B | $6.12B | · | $5.74B | $4.96B | $5.44B | · | $3.19B | $3.29B | $3.22B | · | $3.63B | |
| Enterprise Value | $7.20B | $7.42B | · | $8.78B | $7.44B | $6.55B | · | $6.22B | $5.53B | $5.95B | · | $3.72B | $3.84B | $3.79B | · | $4.22B | |
| P/E | 22.0 | 23.4 | · | 28.1 | 24.1 | 22.6 | · | 23.2 | 20.7 | 23.4 | · | 14.4 | 15.6 | 15.9 | · | 19.0 | |
| P/S | 4.0 | 4.3 | · | 5.3 | 4.5 | 4.1 | · | 4.1 | 3.7 | 4.1 | · | 2.5 | 2.6 | 2.6 | · | 3.0 | |
| P/B | 7.7 | 7.9 | · | 9.5 | 8.4 | 7.7 | · | 8.0 | 7.4 | 8.7 | · | 5.4 | 5.8 | 5.9 | · | 7.0 | |
| P / Tangible Book | 35.2 | 35.4 | · | 34.5 | 36.3 | 42.8 | · | 68.8 | 155.9 | 126.8 | · | · | · | · | · | · | |
| P / Cash Flow | · | 218.8 | · | · | · | 149.2 | · | · | · | 206.0 | · | · | · | 122.9 | · | · | |
| EV / Revenue | 4.2 | 4.5 | · | 5.5 | 4.8 | 4.4 | · | 4.5 | 4.1 | 4.5 | · | 2.9 | 3.0 | 3.0 | · | 3.5 | |
| Dividend Yield | 0.86% | 0.80% | · | 0.64% | 0.75% | 0.85% | · | 0.86% | 0.98% | 0.88% | · | 1.4% | 1.4% | 1.4% | · | 1.2% | |
| Earnings Yield | 4.5% | 4.3% | · | 3.6% | 4.2% | 4.4% | · | 4.3% | 4.8% | 4.3% | · | 7.0% | 6.4% | 6.3% | · | 5.3% | |
| Payout Ratio | · | 22.0% | · | · | · | 19.4% | · | · | · | 20.5% | · | · | · | 24.5% | · | · | |
| Annual Payout | $58M | $56M | · | $54M | $53M | $52M | · | $50M | $49M | $48M | · | $46M | $45M | $45M | · | $44M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.62B | $1.45B | $1.30B | $1.23B | $1.11B |
| Gross Margin % | 40.6% | 40.2% | 38.4% | 36.4% | 36.6% |
| Operating Margin % | 26.6% | 25.9% | 25.0% | 22.6% | 23.5% |
| Net Income | $309M | $265M | $224M | $203M | $183M |
| Diluted EPS | $7.08 | $6.02 | $4.99 | $4.37 | $3.82 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | 0.7 | 1.0 | 1.2 | 1.2 |
| Current Ratio | 1.5 | 1.4 | 1.6 | 2.0 | 1.5 |
| Quick Ratio | 0.9 | 0.9 | 0.9 | 1.2 | 1.0 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $246M | $184M | $150M | $108M | $107M |
Institutional owners (13F) 499 filers · $7.8B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 59 (-17 vs prior Q) | 54 (-42 vs prior Q) | 168 (+8 vs prior Q) | 188 (+14 vs prior Q) | +440K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $848,821,292 | 4,441,765 | 10.93% | Shares |
| BlackRock, Inc. | $827,238,631 | 5,156,705 | 10.65% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $356,092,937 | 2,219,754 | 4.59% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $308,638,936 | 1,923,943 | 3.97% | Shares |
| LONDON CO OF VIRGINIA | $263,775,639 | 1,644,407 | 3.40% | Shares |
| Burgundy Asset Management Ltd. | $257,178,351 | 1,313,676 | 3.31% | Shares |
| STATE STREET CORP | $230,746,088 | 1,438,537 | 2.97% | Shares |
| BANK OF MONTREAL /CAN/ | $177,201,536 | 1,104,610 | 2.28% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $176,780,609 | 1,101,986 | 2.28% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $167,400,282 | 1,043,316 | 2.16% | Shares |
| CITADEL ADVISORS LLC | $165,300,136 | 1,030,421 | 2.13% | Shares |
| Egerton Capital (UK) LLP | $148,451,705 | 925,394 | 1.91% | Shares |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | $143,428,917 | 894,083 | 1.85% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $139,538,441 | 869,846 | 1.80% | Shares |
| Capital International Investors | $127,454,973 | 794,508 | 1.64% | Shares |
| NEUBERGER BERMAN GROUP LLC | $122,431,661 | 763,194 | 1.58% | Shares |
| YACKTMAN ASSET MANAGEMENT LP | $121,108,116 | 754,944 | 1.56% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $114,090,608 | 711,599 | 1.47% | Shares |
| River Road Asset Management, LLC | $111,365,168 | 694,210 | 1.43% | Shares |
| TWO SIGMA INVESTMENTS, LP | $93,557,104 | 583,201 | 1.20% | Shares |
| NORGES BANK | $90,221,171 | 562,406 | 1.16% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $84,734,807 | 528,206 | 1.09% | Shares |
| Gates Capital Management, Inc. | $82,340,859 | 513,283 | 1.06% | Shares |
| Alyeska Investment Group, L.P. | $79,379,024 | 494,820 | 1.02% | Shares |
| BANK OF AMERICA CORP /DE/ | $74,556,319 | 464,757 | 0.96% | Shares |
| FMR LLC | $73,920,345 | 460,793 | 0.95% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $72,700,740 | 453,190 | 0.94% | Shares |
| Qube Research & Technologies Ltd | $70,490,954 | 439,415 | 0.91% | Shares |
| Invesco Ltd. | $69,762,486 | 434,874 | 0.90% | Shares |
| MORGAN STANLEY | $67,444,290 | 420,421 | 0.87% | Shares |
| MILLENNIUM MANAGEMENT LLC | $64,325,212 | 400,980 | 0.83% | Shares |
| Point72 Asset Management, L.P. | $59,445,556 | 370,562 | 0.77% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $56,622,321 | 349,181 | 0.73% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $53,419,860 | 333,000 | 0.69% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $53,336,367 | 323,643 | 0.69% | Shares |
| Balyasny Asset Management L.P. | $52,809,622 | 329,196 | 0.68% | Shares |
| NORTHERN TRUST CORP | $46,761,627 | 291,495 | 0.60% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $46,741,896 | 291,372 | 0.60% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $43,521,465 | 271,297 | 0.56% | Shares |
| Bank of New York Mellon Corp | $43,411,676 | 270,613 | 0.56% | Shares |
| SCOPUS ASSET MANAGEMENT, L.P. | $36,896,600 | 230,000 | 0.48% | Shares |
| COOKE & BIELER LP | $36,796,819 | 229,378 | 0.47% | Shares |
| Nuveen, LLC | $35,670,699 | 222,359 | 0.46% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $35,554,240 | 221,632 | 0.46% | Shares |
| DEUTSCHE BANK AG\ | $35,297,854 | 220,034 | 0.45% | Shares |
| Gotham Asset Management, LLC | $34,405,438 | 214,471 | 0.44% | Shares |
| AMERICAN CENTURY COMPANIES INC | $33,390,942 | 208,147 | 0.43% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $33,006,736 | 205,752 | 0.43% | Shares |
| Harvey Partners, LLC | $32,900,057 | 205,087 | 0.42% | Shares |
| AMERIPRISE FINANCIAL INC | $32,481,429 | 202,470 | 0.42% | Shares |
Activists & 5%+ owners 9 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Undisclosed reporting person, Undisclosed reporting person | Nov. 13, 2018 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Aug. 9, 2018 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person | March 14, 2018 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Dec. 17, 2014 | · | Initial filing | Board campaign | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Aug. 1, 2014 | · | Initial filing | Passive investment | SEC |
| The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust – ×5 filings | March 12, 2014 | · | Initial filing | Capital structure | SEC |
| TPG Advisors VI, Inc., David Bonderman, James G. Coulter ×5 filings | March 11, 2014 | · | Initial filing | Capital structure | SEC |
| TPG Advisors V, Inc., TPG Advisors VI, Inc., David Bonderman, James G. Coulter ×3 filings | April 1, 2010 | · | Initial filing | M&A / sale | SEC |
| Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust — | Aug. 11, 2009 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 57 insiders · 27 officers · 29 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Mark A Hershey | President & CEO | April 8, 2026 M | 64,777 | 0 | 0 | $0 |
| Donald R. Maier | EVP and CEO, AFP | Feb. 24, 2016 F | 21,125 | 0 | 0 | $0 |
| Matthew J Espe | President and CEO | Feb. 24, 2016 F | 87,534 | 0 | 0 | $0 |
| Frank J Ready | EVP & CEO Armstrong Floor Prod | Feb. 20, 2013 A | 44,448 | 0 | 0 | $0 |
| Michael D Lockhart | Chairman of Bd, President &CEO | Sept. 25, 2009 F | 244,844 | 0 | 0 | $0 |
| Stephen J Senkowski | Former Exec VP AWI & CEO ABP | April 1, 2009 D | 10,933 | 0 | 0 | $0 |
| Christopher P. Calzaretta | SVP & CFO | April 8, 2026 M | 11,191 | 0 | 0 | $0 |
| Brian L Macneal | CFO | April 19, 2022 M | 53,337 | 0 | 0 | $0 |
| David S. Schulz | SVP and CFO | Feb. 24, 2016 F | 3,996 | 0 | 0 | $0 |
| William C Rodruan | Interim CFO | Sept. 25, 2009 F | 17,186 | 0 | 0 | $0 |
| Jennifer Ott Kozak | SVP, CHRO | Sept. 9, 2026 A | · | 0 | 0 | $0 |
| Victor Grizzle | Executive Chair | April 28, 2026 M | 505,822 | 0 | 0 | $0 |
| Michael Carl Winters | SVP, Arch Spec & Bus Dev | April 8, 2026 M | 2,748 | 0 | 0 | $0 |
| Jill A. Crager | SVP Sales & Digital Mktg | April 8, 2026 M | 6,650 | 0 | 0 | $0 |
| James T. Burge | Vice President & Controller | April 8, 2026 M | 3,196 | 0 | 0 | $0 |
| Jessica Marie Cicali | SVP, GC & CCO, Secretary | April 1, 2026 A | · | 0 | 0 | $0 |
| Austin So | SVP, GC, Gov't. Rel., & CSO | Feb. 27, 2026 M | 8,968 | 0 | 0 | $0 |
| Dawn M. Kirchner-King | SVP Human Resources | Aug. 1, 2024 S | 0 | 0 | 0 | $0 |
| Ellen R. Romano | SVP, Human Resources | March 31, 2023 M | 15,142 | 0 | 0 | $0 |
| Monica M. Maheshwari | SVP, Human Resources | March 1, 2023 A | · | 0 | 0 | $0 |
| Charles M Chiappone | SVP, Ceilings & Wall Solutions | Sept. 14, 2021 S | 18,765 | 0 | 0 | $0 |
| Stephen F Mcnamara | Vice President and Controller | April 5, 2021 M | 17,830 | 0 | 0 | $0 |
| David S Cookson | SVP, Americas | June 6, 2018 M | 20,869 | 0 | 0 | $0 |
| Thomas Michael Kane | Former Sr.VP-HR & GovRel | May 17, 2013 J | 1,918 | 0 | 0 | $0 |
| Jeffrey D Nickel | Sr. VP, Secy & General Counsel | March 21, 2011 M | 36,400 | 0 | 0 | $0 |
| Donald A. Mccunniff | Sr. VP-Human Resources | Aug. 31, 2009 D | 6,377 | 0 | 0 | $0 |
| John N Rigas | Sr. VP & General Counsel | March 11, 2008 J | 27,600 | 0 | 0 | $0 |
| Kathleen Pitre | Director | June 12, 2026 A | 1,703 | 0 | 0 | $0 |
| Kevin Holleran | Director | June 12, 2026 A | 1,311 | 0 | 0 | $0 |
| Barbara Loughran | Director | June 12, 2026 A | 9,744 | 0 | 0 | $0 |
| Wayne Shurts | Director | June 12, 2026 A | 9,755 | 0 | 0 | $0 |
| William H Osborne | Director | June 12, 2026 A | 4,817 | 0 | 0 | $0 |
| Richard D Holder | Director | June 12, 2026 A | 6,223 | 0 | 0 | $0 |
| Roy W Templin | Director | June 12, 2026 A | 20,716 | 1 | 0 | $99,998 |
| Cherryl T Thomas | Director | June 14, 2024 A | 15,191 | 0 | 0 | $0 |
| James Clinton Melville | Director | June 16, 2023 A | 27,762 | 0 | 0 | $0 |
| Larry S Mcwilliams | Director | July 28, 2022 A | 35,339 | 0 | 0 | $0 |
| Tao Huang | Director | June 25, 2021 A | 31,176 | 0 | 0 | $0 |
| Stanley A Askren | Director | June 25, 2021 A | 38,807 | 0 | 0 | $0 |
| John Joseph Roberts | Director | Nov. 29, 2019 G | 23,497 | 0 | 0 | $0 |
| OCONNOR JAMES J | Director | July 14, 2017 A | 62,484 | 0 | 0 | $0 |
| Jeffrey Liaw | Director | July 13, 2015 A | 6,682 | 0 | 0 | $0 |
| Richard Wenz | Director | July 13, 2015 A | 18,551 | 0 | 0 | $0 |
| Michael F Johnston | Director | July 13, 2015 A | 18,551 | 0 | 0 | $0 |
| James J Gaffney | Director | July 13, 2015 A | 19,233 | 0 | 0 | $0 |
| Bettina M Whyte | Director | Oct. 29, 2010 A | 8,042 | 0 | 0 | $0 |
| Edward E. Steiner | Director | Oct. 27, 2009 A | 8,229 | 0 | 0 | $0 |
| Judith R Haberkorn | Director | Oct. 27, 2009 A | 7,192 | 0 | 0 | $0 |
| Jon A Boscia | Director | Oct. 27, 2009 A | 13,192 | 0 | 0 | $0 |
| Robert C Garland | Director | March 5, 2009 S | 16,556 | 0 | 0 | $0 |
| Arthur J Pergament | Director | Dec. 8, 2008 M | 15,271 | 0 | 0 | $0 |
| Russell F Peppet | Director | Nov. 12, 2008 M | 15,271 | 0 | 0 | $0 |
| Alexander M Sanders JR | Director | Nov. 5, 2008 M | 15,271 | 0 | 0 | $0 |
| David Bonderman | 10% owner | Nov. 14, 2012 S | 6,305,429 | 0 | 0 | $0 |
| Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust | · | May 27, 2015 S | 5,251,234 | 0 | 0 | $0 |
| Thomas B Mangas | · | March 2, 2014 F | 23,788 | 0 | 0 | $0 |
| Nicholas F Grasberger III | · | Sept. 25, 2009 F | 59,823 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 69 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PSCI · Invesco Exchange-Traded Fund Trust … | 2.24% | 36,934 SH | Oct. 2, 2026 | Daily |
| XSHQ · Invesco Exchange-Traded Fund Trust … | 2.18% | 38,727 SH | Oct. 2, 2026 | Daily |
| HSMV · First Trust Exchange-Traded Fund III | 0.82% | 1,658 NS | July 31, 2026 | N-PORT |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.75% | 50,802 SH | Aug. 19, 2026 | Daily |
| XSLV · Invesco Exchange-Traded Fund Trust … | 0.74% | 10,578 SH | Oct. 2, 2026 | Daily |
| FXR · First Trust Exchange-Traded AlphaDE… | 0.73% | 31,082 NS | July 31, 2026 | N-PORT |
| CAFG · Pacer Funds Trust | 0.58% | 1,004 NS | July 31, 2026 | N-PORT |
| RZG · Invesco Exchange-Traded Fund Trust | 0.52% | 3,827 SH | Oct. 2, 2026 | Daily |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.46% | 6,653 SH | Oct. 2, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.37% | 148,764 SH | Aug. 19, 2026 | Daily |
| CZA · Invesco Exchange-Traded Fund Trust | 0.36% | 4,433 SH | Oct. 2, 2026 | Daily |
| SMDX · Tidal Trust III | 0.33% | 2,422 NS | July 31, 2026 | N-PORT |
| VFQY · VANGUARD WELLINGTON FUND | 0.31% | 9,093 SH | Aug. 19, 2026 | Daily |
| IQSM · New York Life Investments ETF Trust | 0.28% | 5,340 NS | July 31, 2026 | N-PORT |
| ISCG · iShares Trust | 0.23% | 13,363 SH | Sept. 11, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.20% | 7,442 NS | July 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.19% | 31,687 SH | Oct. 2, 2026 | Daily |
| VBK · VANGUARD INDEX FUNDS | 0.19% | 565,780 SH | Aug. 19, 2026 | Daily |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.19% | 26,887 NS | July 31, 2026 | N-PORT |
| FNY · First Trust Exchange-Traded AlphaDE… | 0.17% | 5,722 NS | July 31, 2026 | N-PORT |
| ESML · iShares Trust | 0.17% | 28,569 SH | Sept. 11, 2026 | Daily |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.16% | 18,479 NS | July 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.15% | 132,579 NS | July 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.14% | 20,454 NS | July 31, 2026 | N-PORT |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.11% | 51,192 NS | July 31, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 0.11% | 14,073 NS | July 31, 2026 | N-PORT |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.11% | 12,861 SH | Oct. 2, 2026 | Daily |
| SMMD · iShares Trust | 0.10% | 22,655 SH | Sept. 11, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 0.09% | 51,957 SH | Aug. 19, 2026 | Daily |
| IYJ · iShares Trust | 0.09% | 10,086 SH | Sept. 11, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.08% | 490,031 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.08% | 979,032 SH | Aug. 19, 2026 | Daily |
| RILA · Spinnaker ETF Series | 0.07% | 172 NS | July 31, 2026 | N-PORT |
| WSML · iShares Trust | 0.07% | 2,691 SH | Sept. 11, 2026 | Daily |
| IWP · iShares Trust | 0.05% | 61,721 SH | Sept. 11, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.05% | 1,717 NS | July 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.05% | 173,107 SH | Sept. 11, 2026 | Daily |
| IWS · iShares Trust | 0.05% | 47,140 SH | Sept. 11, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.04% | 2,159 SH | Oct. 2, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.04% | 1,258 NS | July 31, 2026 | N-PORT |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.04% | 10,595 SH | Oct. 2, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.03% | 95,135 NS | July 31, 2026 | N-PORT |
| FBUF · Fidelity Greenwood Street Trust | 0.03% | 38 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.02% | 4,678 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.02% | 11,425 NS | July 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.02% | 2,083 NS | July 31, 2026 | N-PORT |
| IWD · iShares Trust | 0.01% | 69,477 SH | Sept. 11, 2026 | Daily |
| DGRO · iShares Trust | 0.01% | 34,654 SH | Sept. 11, 2026 | Daily |
| TILT · FlexShares Trust | 0.01% | 1,458 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.01% | 13,909 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.01% | 12,454 SH | Sept. 11, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.01% | 1,355,589 SH | Aug. 19, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.01% | 30,662 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.01% | 6,870 SH | Aug. 19, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.01% | 18,908 SH | Aug. 19, 2026 | Daily |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.01% | 17,238 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.01% | 3,549 SH | Aug. 19, 2026 | Daily |
| IWB · iShares Trust | 0.01% | 29,792 SH | Sept. 11, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.01% | 9,566 SH | Aug. 19, 2026 | Daily |
| IYY · iShares Trust | 0.01% | 1,750 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.01% | 55,324 SH | Sept. 11, 2026 | Daily |
| IWF · iShares Trust | 0.01% | 40,354 SH | Sept. 11, 2026 | Daily |
| FTLS · First Trust Exchange-Traded Fund III | -0.09% | -12,322 NS | July 31, 2026 | N-PORT |
| IJR · iShares Trust | · | 2,602,993 SH | Sept. 10, 2026 | Daily |
| IJT · iShares Trust | · | 403,768 SH | Sept. 9, 2026 | Daily |
| IFRA · iShares Trust | · | 66,843 SH | Sept. 11, 2026 | Daily |
| XJR · iShares Trust | · | 5,896 SH | Aug. 31, 2026 | Daily |
| ISCB · iShares Trust | · | 1,902 SH | Sept. 11, 2026 | Daily |
| SMMV · iShares Trust | · | 2,680 SH | Aug. 19, 2026 | Daily |
AWI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
11 analysts · 2026-10-03Mean target $210.18 +28.9%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| AWI | $8.20B | 27.0 | 12.1% | 19.1% | 35.5% | 40.6% |
| ZWS | $7.76B | 40.4 | 8.3% | 11.7% | 12.5% | 45.1% |
| AOS | · | 17.4 | 0.32% | 14.3% | 29.2% | 38.8% |
| SSD | $6.66B | 19.6 | 4.5% | 14.8% | 17.4% | 45.9% |
| AAON | $6.23B | 59.1 | 20.1% | 7.5% | 12.4% | 26.8% |
| BLDR | $11.38B | 26.4 | -7.4% | 2.9% | 10.2% | 30.4% |
| CSW | $4.66B | 38.9 | 23.2% | 10.3% | 10.3% | 41.9% |
| FBIN | $6.16B | 20.8 | -3.2% | 6.7% | 12.6% | · |
| TREX | $3.71B | 19.7 | 2.0% | 16.2% | 18.8% | 39.2% |
| UFPI | $5.25B | 18.6 | -5.0% | 4.7% | 9.4% | 16.8% |
| GFF | $3.53B | 69.9 | -4.0% | 2.0% | 35.4% | 42.0% |
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