Armstrong World Industries (AWI) Cost of Revenue (2009 - 2026)
Armstrong World Industries (AWI) posted Cost of Revenue of $285.1 million for Q3 2026, up 15.6% from $246.7 million a year earlier and up 2.9% from the prior quarter.
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Analysis
Armstrong World Industries (AWI) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cost of Revenue at Armstrong World Industries was $1.05 billion, up 10.3% year-over-year; for FY2025, it came in at $962.1 million, up 11.3% from FY2024.
- Annual Cost of Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- In prior years, Armstrong World Industries' Cost of Revenue was $864.1 million in FY2024 (+8.3%), $798.2 million in FY2023 (+1.8%), $784 million in FY2022 (+11.8%) and $701 million in FY2021 (+16.1%).
- The Q3 2026 figure stands as the highest quarterly Cost of Revenue since Q1 2015.
- On a year-over-year basis, Cost of Revenue has increased in each of the last 11 quarters, with growth averaging 12.3% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2024, with growth of 16.1%; the weakest was Q2 2023, with a decline of 0.8%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $277 million (Q2 2026), $254.6 million (Q1 2026) and $233.8 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 4.37 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 4.36 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 2.83 Bn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 2.76 Bn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 865.80 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 1.25 Bn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 624.40 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 968.50 Mn |
| 10 | Armstrong World Industries | 7.41 Bn | 7.07 Bn | 190.70 Mn | 285.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 285.10 Mn |
| Jun 30, 2026 | 277.00 Mn |
| Mar 31, 2026 | 254.60 Mn |
| Dec 31, 2025 | 233.80 Mn |
| Sep 30, 2025 | 246.70 Mn |
| Jun 30, 2025 | 248.80 Mn |
| Mar 31, 2025 | 232.80 Mn |
| Dec 31, 2024 | 223.80 Mn |
| Sep 30, 2024 | 222.50 Mn |
| Jun 30, 2024 | 215.80 Mn |
| Mar 31, 2024 | 202.00 Mn |
| Dec 31, 2023 | 192.80 Mn |
| Sep 30, 2023 | 205.90 Mn |
| Jun 30, 2023 | 201.40 Mn |
| Mar 31, 2023 | 198.10 Mn |
| Dec 31, 2022 | 193.00 Mn |
| Sep 30, 2022 | 207.50 Mn |
| Jun 30, 2022 | 203.10 Mn |
| Mar 31, 2022 | 180.40 Mn |
| Dec 31, 2021 | 180.00 Mn |
API Access
Armstrong World Industries Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AWI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "AWI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AWI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();