Armstrong World Industries (AWI) Invested Capital (2009 - 2026)
Armstrong World Industries (AWI) reported Invested Capital of $1.38 billion for Q2 2026, up 4.1% from $1.32 billion a year earlier and up 0.3% from the prior quarter.
Armstrong World Industries (AWI) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Armstrong World Industries posted Invested Capital of $1.31 billion, up 2.0% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- By year, Invested Capital came in at $1.28 billion in FY2024 (+8.8%), $1.18 billion in FY2023 (-0.6%), $1.19 billion in FY2022 (+3.0%) and $1.15 billion in FY2021 (-1.3%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital since Q1 2016.
- Year over year, Invested Capital has now increased in each of the last nine quarters, with growth averaging 4.5% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q4 2024 (growth of 8.8%); the low point was Q4 2021 (a decline of 1.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.37 billion (Q1 2026), $1.31 billion (Q4 2025) and $1.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 13.35 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 21.90 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 3.38 Bn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 2.85 Bn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 10.74 Bn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 2.80 Bn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 4.20 Bn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 4.33 Bn |
| 10 | Armstrong World Industries | 7.41 Bn | 7.07 Bn | 190.70 Mn | 1.36 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.36 Bn |
| Jun 30, 2026 | 1.38 Bn |
| Mar 31, 2026 | 1.37 Bn |
| Dec 31, 2025 | 1.31 Bn |
| Sep 30, 2025 | 1.30 Bn |
| Jun 30, 2025 | 1.32 Bn |
| Mar 31, 2025 | 1.31 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.31 Bn |
| Mar 31, 2024 | 1.21 Bn |
| Dec 31, 2023 | 1.18 Bn |
| Sep 30, 2023 | 1.21 Bn |
| Jun 30, 2023 | 1.22 Bn |
| Mar 31, 2023 | 1.21 Bn |
| Dec 31, 2022 | 1.19 Bn |
| Sep 30, 2022 | 1.20 Bn |
| Jun 30, 2022 | 1.20 Bn |
| Mar 31, 2022 | 1.18 Bn |
| Dec 31, 2021 | 1.15 Bn |
Armstrong World Industries Invested Capital 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=invested-capital&ticker=AWI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=AWI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();