Armstrong World Industries Return on Equity (ROE) Growth & History (AWI)
Armstrong World Industries's return on equity was 37.24% for fiscal 2025.
View full Armstrong World Industries company overviewArmstrong World Industries annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.24% | −2.03 pp |
| 2024 | 2024-12-31 | 39.28% | −0.45 pp |
| 2023 | 2023-12-31 | 39.72% | +1.25 pp |
| 2022 | 2022-12-31 | 38.48% | +0.73 pp |
| 2021 | 2021-12-31 | 37.75% | +62.05 pp |
| 2020 | 2020-12-31 | −24.30% | −96.90 pp |
| 2019 | 2019-12-31 | 72.60% | +11.66 pp |
| 2018 | 2018-12-31 | 60.94% | +24.17 pp |
| 2017 | 2017-12-31 | 36.77% | +16.54 pp |
| 2016 | 2016-12-31 | 20.23% | +6.94 pp |
| 2015 | 2015-12-31 | 13.29% | +3.64 pp |
| 2014 | 2014-12-31 | 9.65% | −3.87 pp |
| 2013 | 2013-12-31 | 13.52% | −0.68 pp |
| 2012 | 2012-12-31 | 14.20% | +4.08 pp |
| 2011 | 2011-12-31 | 10.12% | +9.39 pp |
| 2010 | 2010-12-31 | 0.73% | — |
Armstrong World Industries quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.88% | +0.12 pp |
| Q1 2026 | 2026-03-31 | 7.45% | −1.46 pp |
| Q4 2025 | 2025-12-31 | 7.32% | −1.12 pp |
| Q3 2025 | 2025-09-30 | 9.99% | −1.10 pp |
| Q2 2025 | 2025-06-30 | 10.77% | +0.59 pp |
| Q1 2025 | 2025-03-31 | 8.91% | −0.92 pp |
| Q4 2024 | 2024-12-31 | 8.44% | +0.36 pp |
| Q3 2024 | 2024-09-30 | 11.10% | — |
| Q2 2024 | 2024-06-30 | 10.17% | −0.66 pp |
| Q1 2024 | 2024-03-31 | 9.83% | +1.07 pp |
| Q4 2023 | 2023-12-31 | 8.08% | −1.16 pp |
| Q2 2023 | 2023-06-30 | 10.83% | — |
| Q1 2023 | 2023-03-31 | 8.76% | — |
| Q4 2022 | 2022-12-31 | 9.24% | +1.20 pp |
| Q3 2022 | 2022-09-30 | 11.05% | +1.09 pp |
| Q4 2021 | 2021-12-31 | 8.04% | +2.94 pp |
| Q3 2021 | 2021-09-30 | 9.96% | −2.82 pp |
| Q2 2021 | 2021-06-30 | 11.34% | −1.67 pp |
| Q1 2021 | 2021-03-31 | 7.66% | +69.18 pp |
| Q4 2020 | 2020-12-31 | 5.10% | −7.93 pp |
| Q3 2020 | 2020-09-30 | 12.77% | −11.21 pp |
| Q2 2020 | 2020-06-30 | 13.01% | −9.32 pp |
| Q1 2020 | 2020-03-31 | −61.53% | −78.13 pp |
| Q4 2019 | 2019-12-31 | 13.03% | −0.24 pp |
| Q3 2019 | 2019-09-30 | 23.98% | +1.05 pp |
| Q2 2019 | 2019-06-30 | 22.33% | +9.50 pp |
| Q1 2019 | 2019-03-31 | 16.60% | +9.21 pp |
| Q4 2018 | 2018-12-31 | 13.26% | +13.66 pp |
| Q3 2018 | 2018-09-30 | 22.93% | +8.04 pp |
| Q2 2018 | 2018-06-30 | 12.83% | −1.70 pp |
| Q1 2018 | 2018-03-31 | 7.39% | −3.92 pp |
| Q4 2017 | 2017-12-31 | −0.40% | −10.71 pp |
| Q3 2017 | 2017-09-30 | 14.89% | −15.71 pp |
| Q2 2017 | 2017-06-30 | 14.53% | +11.05 pp |
| Q1 2017 | 2017-03-31 | 11.31% | +12.60 pp |
| Q4 2016 | 2016-12-31 | 10.31% | +12.09 pp |
| Q3 2016 | 2016-09-30 | 30.60% | +26.44 pp |
| Q2 2016 | 2016-06-30 | 3.47% | −0.62 pp |
| Q1 2016 | 2016-03-31 | −1.29% | −8.21 pp |
| Q4 2015 | 2015-12-31 | −1.78% | −1.27 pp |
| Q3 2015 | 2015-09-30 | 4.16% | −0.02 pp |
| Q2 2015 | 2015-06-30 | 4.10% | +1.49 pp |
| Q1 2015 | 2015-03-31 | 6.92% | +4.48 pp |
| Q4 2014 | 2014-12-31 | −0.50% | −2.23 pp |
| Q3 2014 | 2014-09-30 | 4.17% | −3.25 pp |
| Q2 2014 | 2014-06-30 | 2.61% | −1.34 pp |
| Q1 2014 | 2014-03-31 | 2.44% | +2.03 pp |
| Q4 2013 | 2013-12-31 | 1.72% | +0.54 pp |
| Q3 2013 | 2013-09-30 | 7.42% | — |
| Q2 2013 | 2013-06-30 | 3.95% | −2.23 pp |
| Q1 2013 | 2013-03-31 | 0.41% | −1.62 pp |
| Q4 2012 | 2012-12-31 | 1.19% | +0.46 pp |
| Q2 2012 | 2012-06-30 | 6.18% | +2.83 pp |
| Q1 2012 | 2012-03-31 | 2.04% | — |
| Q4 2011 | 2011-12-31 | 0.73% | — |
| Q3 2011 | 2011-09-30 | 4.40% | — |
| Q2 2011 | 2011-06-30 | 3.35% | — |
Armstrong World Industries return on equity trends
Over the last five fiscal years, Armstrong World Industries's return on equity increased from −24.30% to 37.24%, a change of +61.54 percentage points. The latest reported quarter, Q2 2026, shows 10.88%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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