The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

AWI

Concerning the House

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. It also designs, produces, and sources specialty ceilings, walls, and other interior and exterior architectural applications primarily for use in commercial settings; and manufactures ceiling suspension system (grid) products. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.

United States · www.armstrong.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$1.62B-3.7%
Gross profit$497.00M-2.1%
Operating income$323.70M+9.5%
Net income$223.80M+28.5%
Cash from ops$233.50M+0.7%
Quotation

$181.68

-1.78 (-1.0%)

52w hi$202.14
52w lo$151.15
Vol210.96K
As ofAug 13
The Verdict

Hold

Our score +0.06

Short-0.04
Medium+0.07
Long+0.23

computed 2026-08-13

By the Numbers

Armstrong World Industries, Inc.

Industrials · Building Products & Equipment

Market cap$7.68B
Enterprise value$8.25B
Trailing P/E24.89x
Forward P/E19.05x
EV / EBITDA18.37x
P / S (ttm)4.53x
Profit margin18.6%
Return on equity36.6%
Revenue growth+11.2%
Earnings growth+12.4%
Debt / equity65.59
Risk Metrics
Beta vs SPX0.88
Corr SPX0.55
Annual vol26.3%
Annual ret+24.2%
Sharpe0.92
Max DD-25.7%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.29
Sector+0.07
Technical+0.03
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$184.95$184.61$181.59$181.68210.96K
Aug 12$186.30$186.64$181.15$183.46407.70K
Aug 11$184.19$187.18$184.19$186.70371.20K
Aug 10$185.08$185.08$181.89$183.35289.70K
Aug 7$183.92$188.32$183.92$185.52506.30K