Armstrong World Industries (AWI) Debt to Equity (2010 - 2026)
Armstrong World Industries recorded quarterly Debt to Equity of $0.54 in Q1 2026, up 18.88% quarter-over-quarter from $0.45 in Q4 2025, and down 18.05% year-over-year from $0.66 in Q1 2025.
Armstrong World Industries' Debt to Equity history runs 17 years deep, the most recent figure standing at $0.54 for Q1 2026.
- In Q1 2026, Debt to Equity fell 18.05% year-over-year to $0.54; the TTM figure through Mar 2026 stood at $0.54 (down 18.05% YoY), while the FY2025 annual figure was $0.45, down 34.9% from the prior year.
- Debt to Equity came in at $0.54 for Q1 2026 at Armstrong World Industries, up from $0.45 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.31 in Q3 2022 to a low of $0.45 in Q4 2025.
- A 5-year average of $0.91 and a median of $0.96 in 2024 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity advanced 9.12% in 2022 and sank 40.66% in 2025, its largest moves.
- Armstrong World Industries' Debt to Equity stood at $1.22 in 2022, then declined by 18.53% to $0.99 in 2023, then slumped by 30.05% to $0.69 in 2024, then slumped by 34.9% to $0.45 in 2025, then gained by 18.88% to $0.54 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.54, $0.45, and $0.46 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 0.54 |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 0.70 |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 0.88 |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 0.96 |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | -12.17 |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 1.74 |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 0.45 |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 0.28 |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 0.87 |
| 10 | Armstrong World Industries | 6.74 Bn | 6.66 Bn | 155.30 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.58 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 0.96 |
| Mar 31, 2024 | 0.93 |
| Dec 31, 2023 | 0.99 |
| Sep 30, 2023 | 1.06 |
| Jun 30, 2023 | 1.15 |
| Mar 31, 2023 | 1.22 |
| Dec 31, 2022 | 1.22 |
| Sep 30, 2022 | 1.31 |
| Jun 30, 2022 | 1.27 |
| Mar 31, 2022 | 1.19 |
| Dec 31, 2021 | 1.21 |
| Sep 30, 2021 | 1.20 |
| Jun 30, 2021 | 1.36 |
| Mar 31, 2021 | 1.50 |
| Dec 31, 2020 | 1.59 |
| Sep 30, 2020 | 1.54 |
| Jun 30, 2020 | 1.55 |
| Mar 31, 2020 | 1.87 |
| Dec 31, 2019 | 1.67 |
| Sep 30, 2019 | 1.77 |
| Jun 30, 2019 | 3.28 |
| Mar 31, 2019 | 3.31 |
| Dec 31, 2018 | 3.63 |
| Sep 30, 2018 | 2.80 |
| Jun 30, 2018 | 2.26 |
| Mar 31, 2018 | 2.29 |
| Dec 31, 2017 | 2.21 |
| Sep 30, 2017 | 2.34 |
| Jun 30, 2017 | 2.85 |
| Mar 31, 2017 | 3.22 |
| Dec 31, 2016 | 1.86 |
| Sep 30, 2016 | 3.37 |
| Jun 30, 2016 | 4.32 |
| Mar 31, 2016 | 1.27 |
| Dec 31, 2015 | 1.29 |
| Sep 30, 2015 | 1.29 |
| Jun 30, 2015 | 1.37 |
| Mar 31, 2015 | 1.48 |
| Dec 31, 2014 | 1.61 |
| Sep 30, 2014 | 1.35 |
| Jun 30, 2014 | 1.47 |
| Mar 31, 2014 | 1.50 |
| Dec 31, 2013 | 1.58 |
| Sep 30, 2013 | 1.84 |
| Jun 30, 2013 | 1.37 |
| Mar 31, 2013 | 1.46 |
| Dec 31, 2012 | 1.49 |
| Sep 30, 2012 | 1.36 |
| Jun 30, 2012 | 1.53 |
| Mar 31, 2012 | 1.62 |
| Dec 31, 2011 | 0.73 |
| Sep 30, 2011 | 0.70 |
| Jun 30, 2011 | 0.72 |
| Dec 31, 2010 | 0.78 |