Armstrong World Industries (AWI) Operating Margin (2010 - 2026)
Armstrong World Industries' (AWI) quarterly Operating Margin came in at 22.98% in Q1 2026, down 276.0% year-on-year from 13.06% in Q1 2025, and down 3.0% quarter-over-quarter from 23.69% in Q4 2025.
Armstrong World Industries (AWI) Operating Margin (2010 - 2026) Analysis & Trends
Armstrong World Industries has disclosed Operating Margin across 17 years of filings, most recently posting 22.98% for Q1 2026.
- Operating Margin for Q1 2026 came in at 22.98%, down 276.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.89% (up 14.0% YoY), and the FY2025 annual result was 26.59%, up 70.0% from the prior year.
- Operating Margin came in at 22.98% for Q1 2026 at Armstrong World Industries, down from 23.69% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 29.02% in Q2 2025 to a low of 21.23% in Q4 2023.
- The 5-year median for Operating Margin is 23.69% (2025), against an average of 24.84%.
- Across the five-year window, Operating Margin tumbled 566 bps in 2022 and soared 630 bps in 2023, its largest moves.
- Armstrong World Industries' Operating Margin stood at 23.19% in 2022, then fell by 8 bps to 21.23% in 2023, then climbed by 5 bps to 22.27% in 2024, then advanced by 6 bps to 23.69% in 2025, then retreated by 3 bps to 22.98% in 2026.
- The last three Operating Margin figures came in at 22.98% (Q1 2026), 23.69% (Q4 2025), and 27.56% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 15.62% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 14.71% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 4.85% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 14.40% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 16.48% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 17.14% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 15.47% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 7.88% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 10.36% |
| 10 | Armstrong World Industries | 6.74 Bn | 6.66 Bn | 155.30 Mn | 22.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.98% |
| Dec 31, 2025 | 23.69% |
| Sep 30, 2025 | 27.56% |
| Jun 30, 2025 | 29.02% |
| Mar 31, 2025 | 25.74% |
| Dec 31, 2024 | 22.27% |
| Sep 30, 2024 | 28.79% |
| Jun 30, 2024 | 26.02% |
| Mar 31, 2024 | 26.39% |
| Dec 31, 2023 | 21.23% |
| Sep 30, 2023 | 28.85% |
| Jun 30, 2023 | 26.74% |
| Mar 31, 2023 | 22.63% |
| Dec 31, 2022 | 23.19% |
| Sep 30, 2022 | 22.55% |
| Jun 30, 2022 | 22.31% |
| Mar 31, 2022 | 22.36% |
| Dec 31, 2021 | 19.65% |
| Sep 30, 2021 | 24.67% |
| Jun 30, 2021 | 27.96% |