Armstrong World Industries (AWI) Shares Outstanding (Diluted) (2010 - 2026)
Armstrong World Industries (AWI) reported Shares Outstanding (Diluted) of 42.7 million for Q2 2026, down 2.3% from 43.7 million a year earlier and down 1.2% from the prior quarter.
Armstrong World Industries (AWI) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Armstrong World Industries posted Shares Outstanding (Diluted) of 43.6 million, down 0.9% from FY2024.
- Shares Outstanding (Diluted) has declined for four consecutive years, with a five-year compound annual growth rate of -1.9% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 44 million in FY2024 (-1.8%), 44.8 million in FY2023 (-3.4%), 46.4 million in FY2022 (-3.1%) and 47.9 million in FY2021 (unchanged).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding (Diluted) in data going back to Q2 2010.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 18 quarters, with an average decline of 1.2% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding (Diluted) ran from 0.0% in Q4 2021 to 3.6% in Q2 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at 43.2 million (Q1 2026), 43.6 million (Q4 2025) and 43.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 222.50 Mn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 610.00 Mn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 35.25 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 836.50 Mn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 383.50 Mn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 584.30 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 199.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 86.00 Mn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 40.50 Mn |
| 10 | Armstrong World Industries | 6.86 Bn | 6.50 Bn | 195.00 Mn | 42.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.70 Mn |
| Mar 31, 2026 | 43.20 Mn |
| Dec 31, 2025 | 43.60 Mn |
| Sep 30, 2025 | 43.60 Mn |
| Jun 30, 2025 | 43.70 Mn |
| Mar 31, 2025 | 43.80 Mn |
| Dec 31, 2024 | 44.00 Mn |
| Sep 30, 2024 | 43.90 Mn |
| Jun 30, 2024 | 44.00 Mn |
| Mar 31, 2024 | 44.10 Mn |
| Dec 31, 2023 | 44.80 Mn |
| Sep 30, 2023 | 44.60 Mn |
| Jun 30, 2023 | 45.00 Mn |
| Mar 31, 2023 | 45.50 Mn |
| Dec 31, 2022 | 46.40 Mn |
| Sep 30, 2022 | 46.10 Mn |
| Jun 30, 2022 | 46.70 Mn |
| Mar 31, 2022 | 47.20 Mn |
| Dec 31, 2021 | 47.90 Mn |
| Sep 30, 2021 | 47.80 Mn |
Armstrong World Industries Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=AWI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=AWI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();