OverviewSuggest Edit

Armstrong Flooring is a producer of flooring products for use primarily in the construction and renovation of residential, commercial, and institutional buildings. The company designs, manufactures, sources, and sells vinyl sheet, luxury vinyl tile (LVT), laminate, vinyl composition tile, bio-flooring, as well as installation and maintenance materials and accessories. Its products are used in new construction and as well as renovation of existing buildings, including homes, schools, offices, stores, and hospitals.

TypePublic
Founded2016
HQLancaster, PA, US
Websitearmstrongflooring.com
Employee Ratings3.2
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2019)1,700
Job Openings70
Revenue (FY, 2020)$584.8 M(-6%)
Share Price (Jun 2021)$5.8(-2%)
Cybersecurity ratingCMore

Key People/Management at Armstrong Flooring

Larry S. McWilliams

Larry S. McWilliams

Chairman
Michel Vermette

Michel Vermette

President and CEO, Director
John Bassett

John Bassett

Senior Vice President, Chief Human Resources Officer
Amy Peacock Trojanowski

Amy Peacock Trojanowski

Senior Vice President, Chief Financial Officer
Patrick Bargiel

Patrick Bargiel

Vice President, Supply Chain
Brent Flaharty

Brent Flaharty

Senior Vice President, Chief Customer Experience Officer
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Armstrong Flooring Office Locations

Armstrong Flooring has offices in Lancaster, Beech Creek, Jackson, Kankakee and in 6 other locations
Lancaster, PA, US (HQ)
2500 Columbia Ave Bldg 701
Beech Creek, PA, US
325 Eagle Valley Rd
Jackson, MS, US
Hwy 80 W
Kankakee, IL, US
1401 N Hobbie Ave
Lancaster, PA, US
1067 Dillerville Rd
South Gate, CA, US
5037 Patata St
Show all (11)

Armstrong Flooring Financials and Metrics

Armstrong Flooring Revenue

Armstrong Flooring's revenue was reported to be $584.8 m in FY, 2020
USD

Revenue (Q1, 2021)

148.9m

Net income (Q1, 2021)

27.2m

EBIT (Q1, 2021)

27.8m

Market capitalization (4-Jun-2021)

126.2m

Closing stock price (4-Jun-2021)

5.8

Cash (31-Mar-2021)

16.7m

EV

174.1m
Armstrong Flooring's current market capitalization is $126.2 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.2b1.1b728.2m626.3m584.8m

Revenue growth, %

(5%)(36%)

Cost of goods sold

963.1m963.6m585.0m501.3m

Gross profit

230.1m170.1m143.2m83.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

265.2m297.3m308.5m257.9m306.0m309.7m141.7m177.7m165.6m138.7m145.6m156.6m148.9m

Cost of goods sold

218.1m240.2m276.8m218.6m243.2m249.1m119.6m141.5m153.8m115.4m120.9m

Gross profit

47.1m57.1m31.7m39.3m62.8m60.6m22.1m36.2m11.8m23.3m24.7m

Gross profit Margin, %

18%19%10%15%21%20%16%20%7%17%17%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

30.6m39.0m173.8m27.1m13.7m

Accounts Receivable

76.0m79.7m39.0m36.1m

Prepaid Expenses

12.9m

Inventories

2.7b236.0m139.5m111.6m122.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

33.3m39.3m43.6m28.9m28.5m39.4m74.9m44.7m66.6m31.9m34.1m22.2m16.7m

Accounts Receivable

91.4m94.2m85.1m87.0m98.9m115.9m61.0m65.9m43.2m40.1m43.8m57.7m

Prepaid Expenses

12.1m11.6m13.8m12.9m

Inventories

287.4m280.5m264.5m235.6m246.1m266.6m144.7m136.0m111.5m118.6m122.3m129.9m125.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

9.2m(41.8m)(163.0m)(58.5m)(63.6m)

Depreciation and Amortization

46.6m78.7m55.1m50.7m47.8m

Inventories

(19.8m)30.4m(39.4m)14.1m(9.7m)

Accounts Payable

9.9m(10.5m)16.8m
USDFY, 2016

Revenue/Employee

309.9k

Financial Leverage

1.5 x
Show all financial metrics

Armstrong Flooring Operating Metrics

FY, 2016FY, 2017FY, 2018

Manufacturing Facilities

17158

Manufacturing Facilities Owned

16148

Manufacturing Facilities Leased

11

Manufacturing Facilities (United States)

14126
Show all operating metrics

Armstrong Flooring Acquisitions / Subsidiaries

Company NameDateDeal Size
AFI Canada Ltd.
Armstrong Advanced Flooring (China) Co. Ltd
Armstrong (China) Investment Co. Ltd.
Armstrong Flooring Hong Kong Limited
Armstrong Flooring Pty Ltd
Armstrong Licensing LLC

Armstrong Flooring Revenue Breakdown

Embed Graph

Armstrong Flooring revenue breakdown by geographic segment: 6.8% from Canada, 9.4% from China, 77.4% from United States and 6.4% from Other

Armstrong Flooring Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Armstrong Flooring Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Armstrong Flooring Online and Social Media Presence

Embed Graph

Armstrong Flooring Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    F

    50/100

  • Compensation

    A+

    95/100

Learn more on Comparably

Armstrong Flooring News and Updates

Armstrong Flooring to Address Attendees at the Sidoti Virtual Microcap Conference

LANCASTER, Pa., May 17, 2021 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (NYSE: AFI) (“Armstrong Flooring” or the “Company”), a leader in the design and manufacture of innovative flooring solutions, announced today that Michel Vermette, President & CEO, and Amy Trojanowski, Senior Vice Presid…

Armstrong Flooring Reports First Quarter 2021 Results

First Quarter 2021 Highlights

Armstrong Flooring Announces Date for First Quarter 2021 Results

LANCASTER, Pa., April 13, 2021 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (NYSE: AFI) (“Armstrong Flooring” or the “Company”), a leader in the design and manufacture of innovative flooring solutions, announced today that the Company will release its first quarter 2021 financial results before th…

Bernstein Liebhard LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Armstrong Flooring, Inc. Common Stock -- AFI

LOS ANGELES, March 29, 2021 /PRNewswire/ -- Bernstein Liebhard LLP announces that the United States District Court for the Central District of California, Western Division has approved the following announcement of a proposed class action settlement that would benefit purchasers of...

Armstrong Flooring Completes Sale of South Gate, California Property for $76.7 Million

LANCASTER, Pa., March 11, 2021 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (NYSE: AFI) (“Armstrong Flooring” or the “Company”), a leader in the design and manufacture of innovative flooring solutions, announced today that it has completed the previously announced sale of its production facility, …

Floor Coverings Market Insights by Size, Status and Forecast 2025 | Armstrong Flooring, Interface, Home Depot, Gerflor Group

Floor Coverings Comprehensive Study by Type (Carpet and Area Rugs, Resilient Floor, Non-Resilient Floor), Application (Household, Commercial), Distribution Channel (Contractors, Specialty Stores, Home Centers, Others) Players and Region - Global Market Outlook to 2025 Posted via Industry Today. Foll…
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Armstrong Flooring Frequently Asked Questions

  • When was Armstrong Flooring founded?

    Armstrong Flooring was founded in 2016.

  • Who are Armstrong Flooring key executives?

    Armstrong Flooring's key executives are Larry S. McWilliams, Michel Vermette and John Bassett.

  • How many employees does Armstrong Flooring have?

    Armstrong Flooring has 1,700 employees.

  • What is Armstrong Flooring revenue?

    Latest Armstrong Flooring annual revenue is $584.8 m.

  • What is Armstrong Flooring revenue per employee?

    Latest Armstrong Flooring revenue per employee is $344 k.

  • Who are Armstrong Flooring competitors?

    Competitors of Armstrong Flooring include Altro, Lumber Liquidators and Gerflor.

  • Where is Armstrong Flooring headquarters?

    Armstrong Flooring headquarters is located at 2500 Columbia Ave Bldg 701, Lancaster.

  • Where are Armstrong Flooring offices?

    Armstrong Flooring has offices in Lancaster, Beech Creek, Jackson, Kankakee and in 6 other locations.

  • How many offices does Armstrong Flooring have?

    Armstrong Flooring has 11 offices.