Companies: 10,795·Total market cap: $144.5T
Armstrong World Industries, Inc.

Armstrong World Industries, Inc.

AWINYSEIndustrials● Active
$152.88
$-2.27(-1.46%)
Market Cap$6.5B
P/E Ratio
52W High$206.08
52W Low$149.06

Armstrong World Industries, Inc. (AWI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AWI · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $246.1M for FY2025 (fiscal year ending 2025-12-31), up 33.8% year-over-year The FCF margin was 15.2%. Five-year CAGR stands at +8.5%.

FY2025 Free Cash Flow$246.1M▲ +33.8% YoY
Trailing 12M (TTM)$247.4Mtrailing 4 quarters sum
FCF Margin15.2%$246.1M ÷ revenue
3-Year CAGR+31.8%FY2022 → FY2025
5-Year CAGR+8.5%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
awi free cash flow history · awi free cash flow chart · awi free cash flow growth rate · awi free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$246.1M▲ +33.8%15.2%
FY2024$184.0M▲ +22.9%12.7%
FY2023$149.7M▲ +39.1%11.6%
FY2022$107.6M▲ +0.2%8.7%
FY2021$107.4M▼ 34.3%9.7%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
awi free cash flow 2025 · awi free cash flow 2024 · awi free cash flow 2023 · awi operating cash flow

FCF valuation metrics

Armstrong World Industries, Inc. (AWI) trades at a FCF yield of 3.75% and a price-to-free-cash-flow ratio of 27.0x. FCF per share stands at $5.67, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
3.75%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$5.67
TTM FCF ÷ Shares Outstanding
Price / FCF
x27.0
Share Price ÷ FCF per Share
EV / FCF (TTM)
x28.6
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
awi price to free cash flow · awi free cash flow yield · awi free cash flow per share · awi price to cash flow ratio

Cash flow statement summary

For FY2025, Armstrong World Industries, Inc. generated $355.5M in operating cash flow and spent 109M in capital expenditures, yielding $246.1M in free cash flow.

Operating Activities
+$355.5M
Cash from core business operations
2025-12-31
Investing Activities
−$3.6M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$319.3M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($355.5M) − |CapEx| (109M) = FCF ($246.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
awi cash flow statement · awi cash flow statement 2025 · awi operating cash flow · awi cash flow from operations

Free cash flow vs peers (Industrials)

#CompanyFree Cash FlowYoY
#1
Armstrong World Industries, Inc.
Armstrong World Industries, Inc.YOU
AWI
$246.1M+33.8%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$10.27B+16.5%
#3
RTX Corporation
RTX Corporation
RTX
$7.94B+75.1%
#4
GE Aerospace
GE Aerospace
GE
$7.26B+97.5%
#5
The Boeing Company
The Boeing Company
BA
−$1.88B+87.0%
#6
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$13.95B-159.0%
Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Armstrong World Industries, Inc. (AWI) reported free cash flow of $246.1M for FY2025 (fiscal year ending 2025-12-31), up 33.8% year-over-year. The FCF margin was 15.2%.

Based on available data, Armstrong World Industries, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $246.1M in FY2025. The 5-year CAGR stands at +8.5%.

Armstrong World Industries, Inc.'s FCF yield is 3.75% and price-to-FCF ratio is 27.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

AWI free cash flow · 8 questions

Armstrong World Industries, Inc. free cash flow was $246.1M for FY2025, up 33.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $247.4M.

AWI free cash flowAWI FCFAWI FCF 2025AWI free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Armstrong World Industries, Inc. · Armstrong World Industries, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026