Armstrong World Industries (AWI) Gross Margin (2010 - 2026)
Armstrong World Industries' (AWI) quarterly Gross Margin came in at 37.89% in Q1 2026, down 128.0% year-on-year from 135.31% in Q1 2025, and down 4.78% quarter-over-quarter from 39.79% in Q4 2025.
Armstrong World Industries (AWI) Gross Margin (2010 - 2026) Analysis & Trends
Armstrong World Industries has disclosed Gross Margin across 17 years of filings, most recently posting 37.89% for Q1 2026.
- Gross Margin for Q1 2026 came in at 37.89%, down 128.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.3% (down 13.0% YoY), and the FY2025 annual result was 40.64%, up 41.0% from the prior year.
- Gross Margin came in at 37.89% for Q1 2026 at Armstrong World Industries, down from 39.79% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.45% in Q3 2024 to a low of 36.14% in Q1 2023.
- The 5-year median for Gross Margin is 38.26% (2023), against an average of 38.81%.
- Across the five-year window, Gross Margin tumbled 173 bps in 2022 and surged 456 bps in 2023, its largest moves.
- Armstrong World Industries' Gross Margin stood at 36.62% in 2022, then rose by 4 bps to 38.26% in 2023, then climbed by 2 bps to 39.14% in 2024, then increased by 2 bps to 39.79% in 2025, then slipped by 5 bps to 37.89% in 2026.
- The last three Gross Margin figures came in at 37.89% (Q1 2026), 39.79% (Q4 2025), and 41.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 34.52% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 40.68% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 35.12% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 25.88% |
| 10 | Armstrong World Industries | 6.74 Bn | 6.66 Bn | 155.30 Mn | 37.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.89% |
| Dec 31, 2025 | 39.79% |
| Sep 30, 2025 | 41.98% |
| Jun 30, 2025 | 41.40% |
| Mar 31, 2025 | 39.17% |
| Dec 31, 2024 | 39.14% |
| Sep 30, 2024 | 42.45% |
| Jun 30, 2024 | 40.89% |
| Mar 31, 2024 | 38.09% |
| Dec 31, 2023 | 38.26% |
| Sep 30, 2023 | 40.71% |
| Jun 30, 2023 | 38.11% |
| Mar 31, 2023 | 36.14% |
| Dec 31, 2022 | 36.62% |
| Sep 30, 2022 | 36.15% |
| Jun 30, 2022 | 36.73% |
| Mar 31, 2022 | 36.16% |
| Dec 31, 2021 | 36.28% |
| Sep 30, 2021 | 37.89% |
| Jun 30, 2021 | 37.46% |