Armstrong World Industries Inc
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, resin, wood fiber, and glass-reinforced-gypsum; and ceiling component products, such as ceiling perime… Read more
Armstrong World Industries Inc (AWI) - Net Assets
Latest net assets as of September 2025: $889.20 Million USD
Based on the latest financial reports, Armstrong World Industries Inc (AWI) has net assets worth $889.20 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.89 Billion) and total liabilities ($1.00 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $889.20 Million |
| % of Total Assets | 46.96% |
| Annual Growth Rate | -0.19% |
| 5-Year Change | 67.91% |
| 10-Year Change | -1.52% |
| Growth Volatility | 52.26 |
Armstrong World Industries Inc - Net Assets Trend (1986–2024)
This chart illustrates how Armstrong World Industries Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Armstrong World Industries Inc (1986–2024)
The table below shows the annual net assets of Armstrong World Industries Inc from 1986 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $757.10 Million | +27.93% |
| 2023-12-31 | $591.80 Million | +10.62% |
| 2022-12-31 | $535.00 Million | +2.94% |
| 2021-12-31 | $519.70 Million | +15.26% |
| 2020-12-31 | $450.90 Million | +23.57% |
| 2019-12-31 | $364.90 Million | +39.70% |
| 2018-12-31 | $261.20 Million | -37.71% |
| 2017-12-31 | $419.30 Million | +57.39% |
| 2016-12-31 | $266.40 Million | -65.35% |
| 2015-12-31 | $768.80 Million | +18.44% |
| 2014-12-31 | $649.10 Million | -3.58% |
| 2013-12-31 | $673.20 Million | -6.38% |
| 2012-12-31 | $719.10 Million | -36.37% |
| 2011-12-31 | $1.13 Billion | +3.61% |
| 2010-12-31 | $1.09 Billion | -42.83% |
| 2009-12-31 | $1.91 Billion | +9.38% |
| 2008-12-31 | $1.74 Billion | -28.63% |
| 2007-12-31 | $2.44 Billion | +12.52% |
| 2006-12-31 | $2.17 Billion | +265.56% |
| 2005-12-31 | $-1.31 Billion | +7.34% |
| 2004-12-31 | $-1.42 Billion | -6.04% |
| 2003-12-31 | $-1.34 Billion | +0.14% |
| 2002-12-31 | $-1.34 Billion | -273.84% |
| 2001-12-31 | $769.20 Million | +14.46% |
| 2000-12-31 | $672.00 Million | -2.75% |
| 1999-12-31 | $691.00 Million | -4.79% |
| 1998-12-31 | $725.80 Million | -12.09% |
| 1997-12-31 | $825.60 Million | +2.90% |
| 1996-12-31 | $802.30 Million | +2.20% |
| 1995-12-31 | $785.00 Million | +5.55% |
| 1994-12-31 | $743.70 Million | +30.59% |
| 1993-12-31 | $569.50 Million | +0.05% |
| 1992-12-31 | $569.20 Million | -35.72% |
| 1991-12-31 | $885.50 Million | -1.52% |
| 1990-12-31 | $899.20 Million | -7.92% |
| 1989-12-31 | $976.50 Million | -4.43% |
| 1988-12-31 | $1.02 Billion | +11.82% |
| 1987-12-31 | $913.80 Million | +12.40% |
| 1986-12-31 | $813.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Armstrong World Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 156070000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.56 Billion | 206.14% |
| Common Stock | $600.00K | 0.08% |
| Other Comprehensive Income | $-110.20 Million | -14.56% |
| Total Equity | $757.10 Million | 100.00% |
Armstrong World Industries Inc Competitors by Market Cap
The table below lists competitors of Armstrong World Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alchip Technologies Ltd
TW:3661
|
$7.24 Billion |
|
Orkla ASA
PINK:ORKLF
|
$7.25 Billion |
|
AtkinsRéalis Group Inc
PINK:SNCAF
|
$7.27 Billion |
|
Akeso, Inc.
PINK:AKESF
|
$7.27 Billion |
|
Intermediate Capital Group PLC
PINK:ICGUF
|
$7.24 Billion |
|
ICON PLC
NASDAQ:ICLR
|
$7.23 Billion |
|
SPIE SA
PA:SPIE
|
$7.23 Billion |
|
CCL Industries Inc
PINK:CCDBF
|
$7.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Armstrong World Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 591,800,000 to 757,100,000, a change of 165,300,000 (27.9%).
- Net income of 264,899,999 contributed positively to equity growth.
- Dividend payments of 50,600,000 reduced retained earnings.
- Share repurchases of 59,900,000 reduced equity.
- Other comprehensive income decreased equity by 5,500,000.
- Other factors increased equity by 16,400,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $264.90 Million | +34.99% |
| Dividends Paid | $50.60 Million | -6.68% |
| Share Repurchases | $59.90 Million | -7.91% |
| Other Comprehensive Income | $-5.50 Million | -0.73% |
| Other Changes | $16.40 Million | +2.17% |
| Total Change | $- | 27.93% |
Book Value vs Market Value Analysis
This analysis compares Armstrong World Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 8.52x to 9.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | $19.98 | $170.17 | x |
| 1987-12-31 | $22.45 | $170.17 | x |
| 1988-12-31 | $25.11 | $170.17 | x |
| 1989-12-31 | $23.99 | $170.17 | x |
| 1990-12-31 | $22.09 | $170.17 | x |
| 1991-12-31 | $21.76 | $170.17 | x |
| 1992-12-31 | $13.99 | $170.17 | x |
| 1993-12-31 | $13.99 | $170.17 | x |
| 1994-12-31 | $17.38 | $170.17 | x |
| 1995-12-31 | $18.98 | $170.17 | x |
| 1996-12-31 | $19.41 | $170.17 | x |
| 1997-12-31 | $19.72 | $170.17 | x |
| 1998-12-31 | $17.55 | $170.17 | x |
| 1999-12-31 | $16.90 | $170.17 | x |
| 2000-12-31 | $16.42 | $170.17 | x |
| 2001-12-31 | $18.64 | $170.17 | x |
| 2002-12-31 | $-33.09 | $170.17 | x |
| 2003-12-31 | $-33.22 | $170.17 | x |
| 2004-12-31 | $-35.02 | $170.17 | x |
| 2005-12-31 | $-32.43 | $170.17 | x |
| 2006-12-31 | $39.14 | $170.17 | x |
| 2007-12-31 | $42.98 | $170.17 | x |
| 2008-12-31 | $30.93 | $170.17 | x |
| 2009-12-31 | $33.32 | $170.17 | x |
| 2010-12-31 | $18.74 | $170.17 | x |
| 2011-12-31 | $19.22 | $170.17 | x |
| 2012-12-31 | $12.09 | $170.17 | x |
| 2013-12-31 | $11.53 | $170.17 | x |
| 2014-12-31 | $11.72 | $170.17 | x |
| 2015-12-31 | $13.75 | $170.17 | x |
| 2016-12-31 | $4.78 | $170.17 | x |
| 2017-12-31 | $7.78 | $170.17 | x |
| 2018-12-31 | $5.01 | $170.17 | x |
| 2019-12-31 | $7.37 | $170.17 | x |
| 2020-12-31 | $9.41 | $170.17 | x |
| 2021-12-31 | $10.85 | $170.17 | x |
| 2022-12-31 | $11.53 | $170.17 | x |
| 2023-12-31 | $13.21 | $170.17 | x |
| 2024-12-31 | $17.21 | $170.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Armstrong World Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.32%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.43x
- Recent ROE (34.99%) is above the historical average (16.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 15.06% | 9.45% | 1.01x | 1.57x | $41.10 Million |
| 1987 | 16.46% | 9.35% | 1.02x | 1.72x | $59.02 Million |
| 1988 | 15.92% | 9.09% | 0.87x | 2.01x | $60.52 Million |
| 1989 | 19.21% | 10.24% | 0.92x | 2.04x | $89.95 Million |
| 1990 | 15.68% | 7.56% | 0.89x | 2.34x | $51.08 Million |
| 1991 | 5.44% | 2.64% | 0.87x | 2.38x | $-40.35 Million |
| 1992 | -40.00% | -11.91% | 0.99x | 3.38x | $-284.62 Million |
| 1993 | 11.15% | 3.40% | 1.01x | 3.24x | $6.55 Million |
| 1994 | 28.62% | 10.49% | 0.90x | 3.04x | $136.89 Million |
| 1995 | 15.91% | 5.30% | 1.08x | 2.77x | $45.80 Million |
| 1996 | 19.73% | 7.75% | 0.94x | 2.70x | $76.90 Million |
| 1997 | 22.82% | 8.41% | 0.93x | 2.93x | $103.94 Million |
| 1998 | -1.31% | -0.34% | 0.64x | 6.02x | $-80.27 Million |
| 1999 | 2.11% | 0.47% | 0.73x | 6.13x | $-53.62 Million |
| 2000 | 1.83% | 0.38% | 0.84x | 5.83x | $-54.31 Million |
| 2001 | 12.20% | 2.96% | 0.78x | 5.31x | $16.76 Million |
| 2002 | 0.00% | -71.47% | 0.67x | 0.00x | $-2.01 Billion |
| 2003 | 0.00% | -1.28% | 0.70x | 0.00x | $92.70 Million |
| 2004 | 0.00% | -2.28% | 0.76x | 0.00x | $62.83 Million |
| 2005 | 0.00% | 2.83% | 0.77x | 0.00x | $232.69 Million |
| 2006 | 62.73% | 39.64% | 0.82x | 1.93x | $1.14 Billion |
| 2007 | 5.96% | 4.09% | 0.76x | 1.91x | $-98.42 Million |
| 2008 | 4.64% | 2.39% | 1.01x | 1.92x | $-93.43 Million |
| 2009 | 4.07% | 2.78% | 0.84x | 1.74x | $-112.63 Million |
| 2010 | 1.01% | 0.42% | 0.90x | 2.68x | $-98.08 Million |
| 2011 | 9.95% | 4.13% | 0.91x | 2.65x | $-620.00K |
| 2012 | 18.25% | 5.01% | 0.92x | 3.97x | $59.29 Million |
| 2013 | 14.82% | 3.95% | 0.87x | 4.33x | $32.48 Million |
| 2014 | 11.99% | 3.10% | 0.96x | 4.02x | $12.89 Million |
| 2015 | 6.83% | 4.28% | 0.46x | 3.50x | $-24.38 Million |
| 2016 | 33.45% | 10.66% | 0.48x | 6.60x | $62.46 Million |
| 2017 | 53.45% | 25.08% | 0.48x | 4.47x | $182.17 Million |
| 2018 | 76.03% | 20.36% | 0.52x | 7.17x | $172.48 Million |
| 2019 | 65.77% | 23.12% | 0.70x | 4.09x | $203.51 Million |
| 2020 | -18.67% | -8.99% | 0.55x | 3.81x | $-129.29 Million |
| 2021 | 35.60% | 16.72% | 0.65x | 3.29x | $133.03 Million |
| 2022 | 37.31% | 16.19% | 0.73x | 3.15x | $146.10 Million |
| 2023 | 37.80% | 17.27% | 0.77x | 2.83x | $164.52 Million |
| 2024 | 34.99% | 18.32% | 0.78x | 2.43x | $189.19 Million |
Industry Comparison
This section compares Armstrong World Industries Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $287,437,890
- Average return on equity (ROE) among peers: 3.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Armstrong World Industries Inc (AWI) | $889.20 Million | 15.06% | 1.13x | $7.24 Billion |
| AAON Inc (AAON) | $96.52 Million | 29.62% | 0.46x | $5.36 Billion |
| AC Partners Inc (ACPS) | $705.96K | -5.90% | 0.29x | $4.89K |
| Antelope Enterprise Holdings Ltd (AEHL) | $1.44 Billion | 16.90% | 0.16x | $2.07 Million |
| Armstrong Flooring Inc (AFIIQ) | $391.00 Million | -41.69% | 0.81x | $2.18K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $91.75 Million |
| Atlas Engineered Products Ltd (APEUF) | $19.81 Million | 35.10% | 0.81x | $33.22 Million |
| Apogee Enterprises Inc (APOG) | $406.19 Million | 16.09% | 0.62x | $694.45 Million |
| Alpha Pro Tech Ltd (APT) | $7.10 Million | 15.49% | 0.41x | $38.91 Million |
| Arlo Technologies (ARLO) | $103.28 Million | -21.34% | 1.76x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $122.47 Million | -5.24% | 0.14x | $253.70 Million |