Armstrong World Industries (AWI) Debt Ratio (2010 - 2026)
Armstrong World Industries' (AWI) Debt Ratio came in at 0.25 for Q2 2026, down 5.7% from 0.26 a year earlier but up 1.6% from the prior quarter.
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Analysis
Armstrong World Industries (AWI) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Armstrong World Industries' Debt Ratio stood at 0.21, down 25.8% from FY2024.
- Annual Debt Ratio has declined for three consecutive years.
- In prior years, Armstrong World Industries' Debt Ratio was 0.28 in FY2024 (-18.8%), 0.35 in FY2023 (-9.1%), 0.39 in FY2022 (+4.5%) and 0.37 in FY2021 (-11.3%).
- Quarterly Debt Ratio has run from a low of 0.21 in Q4 2025 to a high of 0.39 in Q1 2023 over five years.
- On a year-over-year basis, Debt Ratio has declined in each of the last 13 quarters, with an average decline of 19.3% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2022, with growth of 6.7%; the weakest was Q3 2025, with a decline of 29.9%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.24 (Q1 2026), 0.21 (Q4 2025) and 0.22 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 0.24 |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 0.01 |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 0.32 |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 0.76 |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 0.32 |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 0.60 |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 0.38 |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 0.46 |
| 10 | Armstrong World Industries | 6.86 Bn | 6.50 Bn | 195.00 Mn | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.35 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.37 |
API Access
Armstrong World Industries Debt Ratio 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=debt-ratio&ticker=AWI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=AWI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();