AWI Q1 2023 Earnings — Armstrong World Industries, Inc. Revenue & Financial Results | Market Cap Arena

AWIArmstrong World Industries, Inc.

$7B

Q1 2023 Earnings

Industrials Construction

Income Statement

Revenue

$310M+9.8% YoY

Gross Profit

$112M36.1% margin

Operating Income

$49M15.9% margin

Net Income

$47M15.2% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$4M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$545M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$310M	$283M	+9.8%
Gross Profit	$112M	$102M	+9.7%
Operating Income	$49M	$45M	+9.5%
Net Income	$47M	$44M	+6.8%

Revenue Segments

Mineral Fiber

$228M74%

Architectural Specialties

$82M26%