vs

Side-by-side financial comparison of ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) and ARMSTRONG WORLD INDUSTRIES INC (AWI). Click either name above to swap in a different company.

ARMSTRONG WORLD INDUSTRIES INC is the larger business by last-quarter revenue ($388.3M vs $225.3M, roughly 1.7× ASIA PACIFIC WIRE & CABLE CORP LTD).

Disney Networks Group Asia Pacific was a Hong Kong–based commercial broadcasting company operating multiple specialty television channels. The company was founded in 1991 by Hong Kong - Canadian businessman Richard Li.

Armstrong World Industries, Inc. is an international designer and manufacturer of wall and ceiling building materials based in Lancaster, Pennsylvania. As of 2014, AWI had 3,100 employees and a global manufacturing network of 17 facilities, down from 26, including nine plants dedicated to its WAVE joint venture, in 2012.

APWC vs AWI — Head-to-Head

Bigger by revenue
AWI
AWI
1.7× larger
AWI
$388.3M
$225.3M
APWC

Income Statement — Q2 FY2022 vs Q4 FY2025

Metric
APWC
APWC
AWI
AWI
Revenue
$225.3M
$388.3M
Net Profit
$65.5M
Gross Margin
7.9%
39.8%
Operating Margin
2.2%
23.7%
Net Margin
16.9%
Revenue YoY
5.6%
Net Profit YoY
5.3%
EPS (diluted)
$1.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APWC
APWC
AWI
AWI
Q4 25
$388.3M
Q3 25
$425.2M
Q2 25
$424.6M
Q1 25
$382.7M
Q4 24
$367.7M
Q3 24
$386.6M
Q2 24
$365.1M
Q1 24
$326.3M
Net Profit
APWC
APWC
AWI
AWI
Q4 25
$65.5M
Q3 25
$86.3M
Q2 25
$87.8M
Q1 25
$69.1M
Q4 24
$62.2M
Q3 24
$76.9M
Q2 24
$65.9M
Q1 24
$59.9M
Gross Margin
APWC
APWC
AWI
AWI
Q4 25
39.8%
Q3 25
42.0%
Q2 25
41.4%
Q1 25
39.2%
Q4 24
39.1%
Q3 24
42.4%
Q2 24
40.9%
Q1 24
38.1%
Operating Margin
APWC
APWC
AWI
AWI
Q4 25
23.7%
Q3 25
27.6%
Q2 25
29.0%
Q1 25
25.7%
Q4 24
22.3%
Q3 24
28.8%
Q2 24
26.0%
Q1 24
26.4%
Net Margin
APWC
APWC
AWI
AWI
Q4 25
16.9%
Q3 25
20.3%
Q2 25
20.7%
Q1 25
18.1%
Q4 24
16.9%
Q3 24
19.9%
Q2 24
18.0%
Q1 24
18.4%
EPS (diluted)
APWC
APWC
AWI
AWI
Q4 25
$1.51
Q3 25
$1.98
Q2 25
$2.01
Q1 25
$1.58
Q4 24
$1.41
Q3 24
$1.75
Q2 24
$1.50
Q1 24
$1.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APWC
APWC
AWI
AWI
Cash + ST InvestmentsLiquidity on hand
$112.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$900.7M
Total Assets
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
AWI
AWI
Q4 25
$112.7M
Q3 25
$90.1M
Q2 25
$81.1M
Q1 25
$82.8M
Q4 24
$79.3M
Q3 24
$73.7M
Q2 24
$73.6M
Q1 24
$69.6M
Stockholders' Equity
APWC
APWC
AWI
AWI
Q4 25
$900.7M
Q3 25
$889.2M
Q2 25
$837.8M
Q1 25
$793.4M
Q4 24
$757.1M
Q3 24
$717.0M
Q2 24
$669.0M
Q1 24
$626.8M
Total Assets
APWC
APWC
AWI
AWI
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Q1 24
$1.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APWC
APWC
AWI
AWI
Operating Cash FlowLast quarter
$110.0M
Free Cash FlowOCF − Capex
$62.2M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
12.3%
Cash ConversionOCF / Net Profit
1.68×
TTM Free Cash FlowTrailing 4 quarters
$246.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
AWI
AWI
Q4 25
$110.0M
Q3 25
$122.9M
Q2 25
$81.6M
Q1 25
$41.0M
Q4 24
$86.6M
Q3 24
$96.5M
Q2 24
$57.3M
Q1 24
$26.4M
Free Cash Flow
APWC
APWC
AWI
AWI
Q4 25
$62.2M
Q3 25
$100.3M
Q2 25
$61.7M
Q1 25
$21.9M
Q4 24
$57.8M
Q3 24
$77.1M
Q2 24
$37.4M
Q1 24
$11.7M
FCF Margin
APWC
APWC
AWI
AWI
Q4 25
16.0%
Q3 25
23.6%
Q2 25
14.5%
Q1 25
5.7%
Q4 24
15.7%
Q3 24
19.9%
Q2 24
10.2%
Q1 24
3.6%
Capex Intensity
APWC
APWC
AWI
AWI
Q4 25
12.3%
Q3 25
5.3%
Q2 25
4.7%
Q1 25
5.0%
Q4 24
7.8%
Q3 24
5.0%
Q2 24
5.5%
Q1 24
4.5%
Cash Conversion
APWC
APWC
AWI
AWI
Q4 25
1.68×
Q3 25
1.42×
Q2 25
0.93×
Q1 25
0.59×
Q4 24
1.39×
Q3 24
1.25×
Q2 24
0.87×
Q1 24
0.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APWC
APWC

Segment breakdown not available.

AWI
AWI

Distributors$183.0M47%
Architectural Specialties$143.7M37%
Home Centers$27.2M7%
Retailers And Other$21.7M6%
Direct Customers$12.7M3%

Related Comparisons