AWI Armstrong World Industries margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 81

Gross margin

39.8%

Operating margin

25.8%

EBITDA margin

33.1%

Net margin

18.4%

Using the latest TTM figures, Armstrong World Industries shows a gross margin of 39.8%, an operating margin of 25.8%, an EBITDA margin of 33.1%, and a net margin of 18.4%. The company's available margins all declined, with EBITDA margin recording the strongest contraction of 0.8 percentage points.

AWI margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Armstrong World Industries recorded average margins of 39.97% gross, 25.92% operating, 33.62% EBITDA, and 18.36% net. The current figures show net margin is above its three-year average, while gross, operating, and EBITDA margins are below their three-year averages.

AWI margin expansion

Year-over-year margin changes in percentage points

All available margins contracted year over year, led by EBITDA margin with a decline of 0.8 percentage points.

Gross margin expansion

-0.7pp

Operating margin expansion

-0.5pp

EBITDA margin expansion

-0.8pp

Net margin expansion

-0.7pp

AWI Gross margin

The average gross margin for Armstrong World Industries was 39.97% during the last 3 years. At present, the current gross margin for Armstrong World Industries is 39.8%, 0.2 percentage points below its three-year average. The gross margin for Armstrong World Industries moved between 38.4% in Dec 2023 and 40.6% in Dec 2025.

AWI Operating margin

Across the last 3 years, Armstrong World Industries's operating margin averaged 25.92%. The current operating margin stands at 25.8%, 0.1 percentage points below its three-year average. Operating margin was highest at 26.6% in Dec 2025 and lowest at 25% in Dec 2023.

AWI EBITDA margin

Armstrong World Industries's EBITDA margin averaged 33.62% in the last 3 years. The current EBITDA margin stands at 33.1%, 0.5 percentage points below its three-year average. Over the last 3 years, Armstrong World Industries's EBITDA margin peaked at 34.3% in Jun 2025 and reached a low of 32.6% in Dec 2023.

AWI Net margin

Across the last 3 years, Armstrong World Industries's net margin averaged 18.36%. The current net margin stands at 18.4%, 0 percentage points above its three-year average. Net margin was highest at 19.1% in Sep 2025 and lowest at 17.3% in Dec 2023.

AWI margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 39.8%, AWI is above the Industrials sector and the industry average. Compared to its Industrials sector average of 32.5%, Armstrong World Industries's gross margin is 22% higher.

AWI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Armstrong World Industries's gross margin?

For the period ending Sep 30, 2026, AWI recorded a gross margin of 39.8%.

What is Armstrong World Industries's operating margin?

As of Sep 30, 2026, AWI has an operating margin of 25.8%.

What is Armstrong World Industries's EBITDA margin?

As of Sep 30, 2026, AWI has an EBITDA margin of 33.1%.

What is Armstrong World Industries's net margin?

For the period ending Sep 30, 2026, AWI recorded a net margin of 18.4%.

What are the average margins of AWI?

Armstrong World Industries's gross, operating, EBITDA, and net margins averaged 40.0% gross, 25.9% operating, 33.6% EBITDA, and 18.4% net over the last 3 years.

What are the highest historical margins of AWI?

Looking back across 5 years, AWI reached 40.6% gross in Dec 2025, 30.3% operating in Sep 2023, 34.3% EBITDA in Jun 2025, and 19.1% net in Sep 2025.

What are the lowest historical margins of AWI?

In the last 5 years, the lowest margins reported by AWI were 36.3% gross in Sep 2022, 15.1% operating in Sep 2022, 29.5% EBITDA in Sep 2022, and 16.1% net in Jun 2022.