AWIArmstrong World Industries, Inc.

$7B

Q4 2023 Earnings

Industrials Construction

Income Statement

Revenue

$312M+2.6% YoY

Gross Profit

$120M38.3% margin

Operating Income

$46M14.8% margin

Net Income

$47M15.0% margin

EPS (Diluted)

$1.06

QoQ Revenue Growth

-10.1%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$43M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$592M

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$312M	$305M	+2.6%
Gross Profit	$120M	$112M	+7.2%
Operating Income	$46M	$52M	-11.8%
Net Income	$47M	$49M	-3.9%

Revenue Segments

Mineral Fiber

$220M71%

Architectural Specialties

$92M29%

AWI Q4 2023 Earnings — Armstrong World Industries, Inc. Revenue & Financial Results | Market Cap Arena