Armstrong World Industries (AWI) Debt Ratio (2010 - 2026)

Armstrong World Industries' (AWI) quarterly Debt Ratio came in at 0.24 in Q1 2026, down 13.88% year-on-year from 0.28 in Q1 2025, and up 14.22% quarter-over-quarter from 0.21 in Q4 2025.

Armstrong World Industries (AWI) Debt Ratio (2010 - 2026) Analysis & Trends

Armstrong World Industries has disclosed Debt Ratio across 17 years of filings, most recently posting 0.24 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.24, down 13.88% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.24 (down 13.88% YoY), and the FY2025 annual result was 0.21, down 25.85% from the prior year.
  • Debt Ratio came in at 0.24 for Q1 2026 at Armstrong World Industries, up from 0.21 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.54 in Q4 2023 to a low of 0.21 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.35 (2024), against an average of 0.34.
  • Across the five-year window, Debt Ratio jumped 39.26% in 2023 and sank 46.98% in 2024, its largest moves.
  • Armstrong World Industries' Debt Ratio stood at 0.39 in 2022, then surged by 39.26% to 0.54 in 2023, then tumbled by 46.98% to 0.28 in 2024, then dropped by 25.85% to 0.21 in 2025, then gained by 14.22% to 0.24 in 2026.
  • The last three Debt Ratio figures came in at 0.24 (Q1 2026), 0.21 (Q4 2025), and 0.22 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 0.20
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 0.24
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 0.33
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 0.27
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 0.56
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 0.48
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 0.17
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 0.36
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 0.24
10 Armstrong World Industries 6.74 Bn 6.66 Bn 155.30 Mn 0.24

Historic Data

Download Data
DateValue
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 0.54
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
Jun 30, 2021 0.40