Armstrong World Industries (AWI) Shares Outstanding (Diluted) (2009 - 2026)
Armstrong World Industries (AWI) reported Weighted Average Shares Outstanding (Diluted) of 42.7 million for Q3 2026, down 2.1% from 43.6 million a year earlier and unchanged from the prior quarter.
Armstrong World Industries (AWI) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Armstrong World Industries posted Weighted Average Shares Outstanding (Diluted) of 43.6 million, down 0.9% from FY2024.
- Weighted Average 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, Weighted Average 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).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 42.7 million in Q2 2026 and a high of 47.9 million in Q4 2021.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last 19 quarters, with an average decline of 1.3% over the last eight quarters.
- Across the past five years, year-over-year decline in Weighted Average Shares Outstanding (Diluted) ran from 0.0% in Q4 2021 to 3.6% in Q2 2023.
- Per Business Quant data, the three quarters before Q3 2026 came in at 42.7 million (Q2 2026), 43.2 million (Q1 2026) and 43.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 221.40 Mn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | 610.00 Mn |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 821.80 Mn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 35.15 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 381.90 Mn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 585.80 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 196.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 85.20 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 39.60 Mn |
| 10 | Armstrong World Industries | 7.41 Bn | 7.07 Bn | 190.70 Mn | 42.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 42.30 Mn |
| 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 |
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();