OverviewSuggest Edit

Armstrong World Industries is an international corporation which engages in design and manufacture of innovative commercial and residential ceiling, wall and suspension system solutions. The Company produces suspended fiber and metal ceiling systems, and complementary ceiling products, as well as acoustical ceiling, wall, and structural solutions, and sells suspension system products. It sells its commercial ceiling materials and accessories to resale distributors and ceiling system contractors, and residential ceiling products to wholesalers and retailers, including large home centers. The Company also  offers a range of floor coverings primarily for homes and commercial buildings, as well as installs and maintains materials and accessories.

TypePublic
Founded1860
HQLancaster, US
Websitearmstrong.com

Latest Updates

Employees (est.) (Dec 2018)4,000(+3%)
Job Openings41
Revenue (FY, 2016)$1.2 B(-48%)
Share Price (Mar 2019)$73.3 (+2%)

Armstrong World Industries Office Locations

Armstrong World Industries has offices in Lancaster, Mumbai, Shanghai, Silverwater and in 3 other locations
Lancaster, US (HQ)
1400 Harrisburg Pike
Pemulwuy, AU
Unit 4, 1 Basalt Road
Silverwater, AU
99 Derby St
Shanghai, CN
10F, Block B, GreenLand Center No. 600 Middle Longhua Rd
Ivry-sur-Seine, FR
3 Allée de la Seine
Mumbai, IN
A-Wing, 304, Boomerang, Chandivali Farm Road
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Armstrong World Industries Financials and Metrics

Armstrong World Industries Revenue

Armstrong World Industries's revenue was reported to be $1.23 b in FY, 2016 which is a 49% decrease from the previous period.
USD

Market capitalization (18-Mar-2019)

3.6b

Closing stock price (18-Mar-2019)

73.3
Armstrong World Industries's current market capitalization is $3.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.7b2.5b2.4b1.2b

Revenue growth, %

(8%)(4%)(49%)

Cost of goods sold

2.1b1.9b863.3m

Gross profit

622.7m583.3m371.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q2, 2017

Revenue

729.7m634.4m710.0m551.4m632.7m658.5m571.8m314.3m330.8m

Cost of goods sold

549.8m479.4m421.9m474.8m480.6m440.3m222.8m219.7m

Gross profit

179.9m155.0m129.5m157.9m177.9m131.5m91.5m111.1m

Gross profit Margin, %

25%24%23%25%27%23%29%34%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Cash

185.3m244.8m141.9m

Accounts Receivable

Inventories

109.0m

Current Assets

884.0m811.5m880.8m406.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

137.7m131.0m132.0m201.6m250.0m142.5m81.0m116.5m129.0m327.0m

Inventories

384.4m428.5m351.4m349.4m340.1m109.5m117.8m60.0m

Current Assets

906.4m953.5m791.8m860.0m887.7m816.0m390.0m428.6m362.0m407.8m583.0m

Goodwill

450.3m446.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

63.8m94.2m

Depreciation and Amortization

109.0m129.4m118.3m

Inventories

(27.0m)(16.0m)(7.0m)

Accounts Payable

(6.1m)49.3m(20.0m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

50.4m16.9m31.6m46.6m76.2m108.0m7.0m77.6m30.4m71.7m49.4m

Depreciation and Amortization

57.4m86.9m30.2m70.1m18.9m38.6m62.9m

Inventories

(16.0m)(10.4m)300.0k(4.4m)(2.3m)(1.8m)(1.5m)

Accounts Payable

13.8m23.9m(68.2m)(90.0m)(88.2m)(28.3m)(39.6m)169.8m
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Armstrong World Industries Online and Social Media Presence

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Armstrong World Industries News and Updates

Armstrong World Industries, Inc. Acquires Architectural Components Group, Inc.

LANCASTER, Pa., March 05, 2019 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE: AWI) today announced that it has completed its acquisition of Architectural Components Group, Inc. (ACGI), an industry leader in custom wood ceilings and walls.  The acquisition further advances AWI’s strate…

Armstrong World Industries Declares Cash Dividend for First Quarter 2019

LANCASTER, Pa., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions, today announced that its Board of Directors has declared a cash dividend of…

Armstrong World Industries to Acquire Architectural Components Group, Inc.

LANCASTER, Pa., Jan. 22, 2019 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE: AWI) today announced that it has entered into an agreement to acquire the business and assets of Architectural Components Group, Inc. (ACGI), an industry leader in custom wood ceilings and walls with annual r…

Flooring & Carpets 2018 Global Market Key Players - Armstrong World Industries, Autoneum Holding, Balta Industries, Beaulieu Group, Ceramica Cleopatra Group, China Flooring Holding, Dare Technology.....

Flooring & Carpets – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday
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Armstrong World Industries Frequently Asked Questions

  • When was Armstrong World Industries founded?

    Armstrong World Industries was founded in 1860.

  • How many employees does Armstrong World Industries have?

    Armstrong World Industries has 4,000 employees.

  • Who are Armstrong World Industries competitors?

    Competitors of Armstrong World Industries include Minton Door, Automatic Access and H+H International.

  • Where is Armstrong World Industries headquarters?

    Armstrong World Industries headquarters is located at 1400 Harrisburg Pike, Lancaster.

  • Where are Armstrong World Industries offices?

    Armstrong World Industries has offices in Lancaster, Mumbai, Shanghai, Silverwater and in 3 other locations.

  • How many offices does Armstrong World Industries have?

    Armstrong World Industries has 7 offices.