AWI Q2 2023 Earnings — Armstrong World Industries, Inc. Revenue & Financial Results | Market Cap Arena

AWIArmstrong World Industries, Inc.

$7B

Q2 2023 Earnings

Industrials Construction

Income Statement

Revenue

$325M+1.4% YoY

Gross Profit

$124M38.1% margin

Operating Income

$62M19.1% margin

Net Income

$60M18.5% margin

EPS (Diluted)

$1.34

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$68M

Free Cash Flow

$49M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$567M

Cash & Equivalents

$102M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$325M	$321M	+1.4%
Gross Profit	$124M	$118M	+5.2%
Operating Income	$62M	$56M	+10.1%
Net Income	$60M	$52M	+15.5%

Revenue Segments

Mineral Fiber

$234M72%

Architectural Specialties

$91M28%