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Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and GLOBAL INDUSTRIAL Co (GIC). 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 $345.6M, roughly 1.1× GLOBAL INDUSTRIAL Co). ARMSTRONG WORLD INDUSTRIES INC runs the higher net margin — 16.9% vs 4.2%, a 12.6% gap on every dollar of revenue. On growth, GLOBAL INDUSTRIAL Co posted the faster year-over-year revenue change (14.3% vs 5.6%). ARMSTRONG WORLD INDUSTRIES INC produced more free cash flow last quarter ($62.2M vs $19.2M). Over the past eight quarters, ARMSTRONG WORLD INDUSTRIES INC's revenue compounded faster (9.1% CAGR vs 3.4%).
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.
Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.
AWI vs GIC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $388.3M | $345.6M |
| Net Profit | $65.5M | $14.6M |
| Gross Margin | 39.8% | 34.5% |
| Operating Margin | 23.7% | 5.7% |
| Net Margin | 16.9% | 4.2% |
| Revenue YoY | 5.6% | 14.3% |
| Net Profit YoY | 5.3% | 36.4% |
| EPS (diluted) | $1.51 | $0.37 |
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.
| Q4 25 | $388.3M | $345.6M | ||
| Q3 25 | $425.2M | $353.6M | ||
| Q2 25 | $424.6M | $358.9M | ||
| Q1 25 | $382.7M | $321.0M | ||
| Q4 24 | $367.7M | $302.3M | ||
| Q3 24 | $386.6M | $342.4M | ||
| Q2 24 | $365.1M | $347.8M | ||
| Q1 24 | $326.3M | $323.4M |
| Q4 25 | $65.5M | $14.6M | ||
| Q3 25 | $86.3M | $18.8M | ||
| Q2 25 | $87.8M | $25.1M | ||
| Q1 25 | $69.1M | $13.6M | ||
| Q4 24 | $62.2M | $10.7M | ||
| Q3 24 | $76.9M | $16.8M | ||
| Q2 24 | $65.9M | $20.3M | ||
| Q1 24 | $59.9M | $13.2M |
| Q4 25 | 39.8% | 34.5% | ||
| Q3 25 | 42.0% | 35.6% | ||
| Q2 25 | 41.4% | 37.1% | ||
| Q1 25 | 39.2% | 34.9% | ||
| Q4 24 | 39.1% | 33.8% | ||
| Q3 24 | 42.4% | 34.0% | ||
| Q2 24 | 40.9% | 35.2% | ||
| Q1 24 | 38.1% | 34.3% |
| Q4 25 | 23.7% | 5.7% | ||
| Q3 25 | 27.6% | 7.4% | ||
| Q2 25 | 29.0% | 9.3% | ||
| Q1 25 | 25.7% | 5.7% | ||
| Q4 24 | 22.3% | 4.8% | ||
| Q3 24 | 28.8% | 6.5% | ||
| Q2 24 | 26.0% | 7.6% | ||
| Q1 24 | 26.4% | 5.4% |
| Q4 25 | 16.9% | 4.2% | ||
| Q3 25 | 20.3% | 5.3% | ||
| Q2 25 | 20.7% | 7.0% | ||
| Q1 25 | 18.1% | 4.2% | ||
| Q4 24 | 16.9% | 3.5% | ||
| Q3 24 | 19.9% | 4.9% | ||
| Q2 24 | 18.0% | 5.8% | ||
| Q1 24 | 18.4% | 4.1% |
| Q4 25 | $1.51 | $0.37 | ||
| Q3 25 | $1.98 | $0.48 | ||
| Q2 25 | $2.01 | $0.65 | ||
| Q1 25 | $1.58 | $0.35 | ||
| Q4 24 | $1.41 | $0.28 | ||
| Q3 24 | $1.75 | $0.44 | ||
| Q2 24 | $1.50 | $0.52 | ||
| Q1 24 | $1.36 | $0.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $112.7M | $67.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $900.7M | $313.2M |
| Total Assets | $1.9B | $580.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $112.7M | $67.5M | ||
| Q3 25 | $90.1M | $67.2M | ||
| Q2 25 | $81.1M | $55.1M | ||
| Q1 25 | $82.8M | $39.0M | ||
| Q4 24 | $79.3M | $44.6M | ||
| Q3 24 | $73.7M | $38.9M | ||
| Q2 24 | $73.6M | $38.8M | ||
| Q1 24 | $69.6M | $29.9M |
| Q4 25 | $900.7M | $313.2M | ||
| Q3 25 | $889.2M | $316.0M | ||
| Q2 25 | $837.8M | $305.2M | ||
| Q1 25 | $793.4M | $287.9M | ||
| Q4 24 | $757.1M | $281.1M | ||
| Q3 24 | $717.0M | $279.2M | ||
| Q2 24 | $669.0M | $270.4M | ||
| Q1 24 | $626.8M | $260.2M |
| Q4 25 | $1.9B | $580.8M | ||
| Q3 25 | $1.9B | $602.5M | ||
| Q2 25 | $1.9B | $586.5M | ||
| Q1 25 | $1.9B | $536.7M | ||
| Q4 24 | $1.8B | $520.7M | ||
| Q3 24 | $1.8B | $531.6M | ||
| Q2 24 | $1.8B | $542.5M | ||
| Q1 24 | $1.7B | $517.4M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $110.0M | $20.0M |
| Free Cash FlowOCF − Capex | $62.2M | $19.2M |
| FCF MarginFCF / Revenue | 16.0% | 5.6% |
| Capex IntensityCapex / Revenue | 12.3% | 0.2% |
| Cash ConversionOCF / Net Profit | 1.68× | 1.37× |
| TTM Free Cash FlowTrailing 4 quarters | $246.1M | $74.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.0M | $20.0M | ||
| Q3 25 | $122.9M | $22.7M | ||
| Q2 25 | $81.6M | $31.7M | ||
| Q1 25 | $41.0M | $3.4M | ||
| Q4 24 | $86.6M | $15.9M | ||
| Q3 24 | $96.5M | $9.6M | ||
| Q2 24 | $57.3M | $18.8M | ||
| Q1 24 | $26.4M | $6.4M |
| Q4 25 | $62.2M | $19.2M | ||
| Q3 25 | $100.3M | $22.0M | ||
| Q2 25 | $61.7M | $30.3M | ||
| Q1 25 | $21.9M | $3.2M | ||
| Q4 24 | $57.8M | $15.2M | ||
| Q3 24 | $77.1M | $8.7M | ||
| Q2 24 | $37.4M | $17.9M | ||
| Q1 24 | $11.7M | $5.1M |
| Q4 25 | 16.0% | 5.6% | ||
| Q3 25 | 23.6% | 6.2% | ||
| Q2 25 | 14.5% | 8.4% | ||
| Q1 25 | 5.7% | 1.0% | ||
| Q4 24 | 15.7% | 5.0% | ||
| Q3 24 | 19.9% | 2.5% | ||
| Q2 24 | 10.2% | 5.1% | ||
| Q1 24 | 3.6% | 1.6% |
| Q4 25 | 12.3% | 0.2% | ||
| Q3 25 | 5.3% | 0.2% | ||
| Q2 25 | 4.7% | 0.4% | ||
| Q1 25 | 5.0% | 0.1% | ||
| Q4 24 | 7.8% | 0.2% | ||
| Q3 24 | 5.0% | 0.3% | ||
| Q2 24 | 5.5% | 0.3% | ||
| Q1 24 | 4.5% | 0.4% |
| Q4 25 | 1.68× | 1.37× | ||
| Q3 25 | 1.42× | 1.21× | ||
| Q2 25 | 0.93× | 1.26× | ||
| Q1 25 | 0.59× | 0.25× | ||
| Q4 24 | 1.39× | 1.49× | ||
| Q3 24 | 1.25× | 0.57× | ||
| Q2 24 | 0.87× | 0.93× | ||
| Q1 24 | 0.44× | 0.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AWI
| Distributors | $183.0M | 47% |
| Architectural Specialties | $143.7M | 37% |
| Home Centers | $27.2M | 7% |
| Retailers And Other | $21.7M | 6% |
| Direct Customers | $12.7M | 3% |
GIC
Segment breakdown not available.
