Armstrong World Industries (AWI) Interest Coverage Ratio (2010 - 2026)
Armstrong World Industries' (AWI) Interest Coverage Ratio was 17.15 for Q2 2026, up 19.7% from 14.33 a year earlier and up 32.9% from the prior quarter.
Armstrong World Industries (AWI) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Armstrong World Industries' Interest Coverage Ratio came in at 14.10, up 25.1% year-over-year; for FY2025, it came in at 13.06, up 38.8% from FY2024.
- By year, Interest Coverage Ratio came in at 9.40 in FY2024 (+2.6%), 9.17 in FY2023 (-10.8%), 10.28 in FY2022 (-9.4%) and 11.35 in FY2021 (+7.4%).
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio in data going back to Q2 2010.
- Year over year, Interest Coverage Ratio has now increased in each of the last seven quarters, with growth averaging 24.7% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q2 2025 (growth of 67.4%); the low point was Q1 2023 (a decline of 34.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.90 (Q1 2026), 11.95 (Q4 2025) and 14.29 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 388.29 |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 3.54 |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 16.79 |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 10.27 |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 12.86 |
| 10 | Armstrong World Industries | 6.86 Bn | 6.50 Bn | 195.00 Mn | 17.15 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.15 |
| Mar 31, 2026 | 12.90 |
| Dec 31, 2025 | 11.95 |
| Sep 30, 2025 | 14.29 |
| Jun 30, 2025 | 14.33 |
| Mar 31, 2025 | 11.59 |
| Dec 31, 2024 | 8.90 |
| Sep 30, 2024 | 10.60 |
| Jun 30, 2024 | 8.56 |
| Mar 31, 2024 | 9.57 |
| Dec 31, 2023 | 7.71 |
| Sep 30, 2023 | 11.39 |
| Jun 30, 2023 | 9.46 |
| Mar 31, 2023 | 8.07 |
| Dec 31, 2022 | 7.67 |
| Sep 30, 2022 | 10.47 |
| Jun 30, 2022 | 12.34 |
| Mar 31, 2022 | 12.39 |
| Dec 31, 2021 | 10.09 |
| Sep 30, 2021 | 11.82 |
Armstrong World Industries Interest Coverage 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=interest-coverage-ratio&ticker=AWI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=AWI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();