vs
Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and KILROY REALTY CORP (KRC). 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 $272.2M, roughly 1.4× KILROY REALTY CORP). ARMSTRONG WORLD INDUSTRIES INC runs the higher net margin — 16.9% vs 6.3%, a 10.6% gap on every dollar of revenue. On growth, ARMSTRONG WORLD INDUSTRIES INC posted the faster year-over-year revenue change (5.6% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $62.2M). Over the past eight quarters, ARMSTRONG WORLD INDUSTRIES INC's revenue compounded faster (9.1% CAGR vs -1.2%).
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.
Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.
AWI vs KRC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $388.3M | $272.2M |
| Net Profit | $65.5M | $17.1M |
| Gross Margin | 39.8% | — |
| Operating Margin | 23.7% | — |
| Net Margin | 16.9% | 6.3% |
| Revenue YoY | 5.6% | -5.0% |
| Net Profit YoY | 5.3% | -73.7% |
| EPS (diluted) | $1.51 | $0.11 |
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 | $272.2M | ||
| Q3 25 | $425.2M | $279.7M | ||
| Q2 25 | $424.6M | $289.9M | ||
| Q1 25 | $382.7M | $270.8M | ||
| Q4 24 | $367.7M | $286.4M | ||
| Q3 24 | $386.6M | $289.9M | ||
| Q2 24 | $365.1M | $280.7M | ||
| Q1 24 | $326.3M | $278.6M |
| Q4 25 | $65.5M | $17.1M | ||
| Q3 25 | $86.3M | $162.3M | ||
| Q2 25 | $87.8M | $79.6M | ||
| Q1 25 | $69.1M | $43.7M | ||
| Q4 24 | $62.2M | $65.0M | ||
| Q3 24 | $76.9M | $57.7M | ||
| Q2 24 | $65.9M | $54.5M | ||
| Q1 24 | $59.9M | $55.7M |
| 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% | — |
| 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% | — |
| Q4 25 | 16.9% | 6.3% | ||
| Q3 25 | 20.3% | 58.0% | ||
| Q2 25 | 20.7% | 27.4% | ||
| Q1 25 | 18.1% | 16.1% | ||
| Q4 24 | 16.9% | 22.7% | ||
| Q3 24 | 19.9% | 19.9% | ||
| Q2 24 | 18.0% | 19.4% | ||
| Q1 24 | 18.4% | 20.0% |
| Q4 25 | $1.51 | $0.11 | ||
| Q3 25 | $1.98 | $1.31 | ||
| Q2 25 | $2.01 | $0.57 | ||
| Q1 25 | $1.58 | $0.33 | ||
| Q4 24 | $1.41 | $0.50 | ||
| Q3 24 | $1.75 | $0.44 | ||
| Q2 24 | $1.50 | $0.41 | ||
| Q1 24 | $1.36 | $0.42 |
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 | $179.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $900.7M | $5.4B |
| Total Assets | $1.9B | $10.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $112.7M | $179.3M | ||
| Q3 25 | $90.1M | $372.4M | ||
| Q2 25 | $81.1M | $193.1M | ||
| Q1 25 | $82.8M | $146.7M | ||
| Q4 24 | $79.3M | $165.7M | ||
| Q3 24 | $73.7M | $625.4M | ||
| Q2 24 | $73.6M | $835.9M | ||
| Q1 24 | $69.6M | $855.0M |
| Q4 25 | $900.7M | $5.4B | ||
| Q3 25 | $889.2M | $5.5B | ||
| Q2 25 | $837.8M | $5.4B | ||
| Q1 25 | $793.4M | $5.4B | ||
| Q4 24 | $757.1M | $5.4B | ||
| Q3 24 | $717.0M | $5.4B | ||
| Q2 24 | $669.0M | $5.4B | ||
| Q1 24 | $626.8M | $5.4B |
| Q4 25 | $1.9B | $10.9B | ||
| Q3 25 | $1.9B | $11.0B | ||
| Q2 25 | $1.9B | $10.9B | ||
| Q1 25 | $1.9B | $10.9B | ||
| Q4 24 | $1.8B | $10.9B | ||
| Q3 24 | $1.8B | $11.4B | ||
| Q2 24 | $1.8B | $11.5B | ||
| Q1 24 | $1.7B | $11.6B |
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 | $566.3M |
| Free Cash FlowOCF − Capex | $62.2M | $450.3M |
| FCF MarginFCF / Revenue | 16.0% | 165.4% |
| Capex IntensityCapex / Revenue | 12.3% | 42.6% |
| Cash ConversionOCF / Net Profit | 1.68× | 33.10× |
| TTM Free Cash FlowTrailing 4 quarters | $246.1M | $833.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.0M | $566.3M | ||
| Q3 25 | $122.9M | $176.6M | ||
| Q2 25 | $81.6M | $143.7M | ||
| Q1 25 | $41.0M | $136.9M | ||
| Q4 24 | $86.6M | $541.1M | ||
| Q3 24 | $96.5M | $176.3M | ||
| Q2 24 | $57.3M | $88.7M | ||
| Q1 24 | $26.4M | $167.9M |
| Q4 25 | $62.2M | $450.3M | ||
| Q3 25 | $100.3M | $148.7M | ||
| Q2 25 | $61.7M | $118.4M | ||
| Q1 25 | $21.9M | $115.6M | ||
| Q4 24 | $57.8M | $440.8M | ||
| Q3 24 | $77.1M | $147.2M | ||
| Q2 24 | $37.4M | $69.5M | ||
| Q1 24 | $11.7M | $151.9M |
| Q4 25 | 16.0% | 165.4% | ||
| Q3 25 | 23.6% | 53.1% | ||
| Q2 25 | 14.5% | 40.9% | ||
| Q1 25 | 5.7% | 42.7% | ||
| Q4 24 | 15.7% | 153.9% | ||
| Q3 24 | 19.9% | 50.8% | ||
| Q2 24 | 10.2% | 24.7% | ||
| Q1 24 | 3.6% | 54.5% |
| Q4 25 | 12.3% | 42.6% | ||
| Q3 25 | 5.3% | 10.0% | ||
| Q2 25 | 4.7% | 8.7% | ||
| Q1 25 | 5.0% | 7.9% | ||
| Q4 24 | 7.8% | 35.0% | ||
| Q3 24 | 5.0% | 10.1% | ||
| Q2 24 | 5.5% | 6.8% | ||
| Q1 24 | 4.5% | 5.7% |
| Q4 25 | 1.68× | 33.10× | ||
| Q3 25 | 1.42× | 1.09× | ||
| Q2 25 | 0.93× | 1.81× | ||
| Q1 25 | 0.59× | 3.13× | ||
| Q4 24 | 1.39× | 8.32× | ||
| Q3 24 | 1.25× | 3.06× | ||
| Q2 24 | 0.87× | 1.63× | ||
| Q1 24 | 0.44× | 3.01× |
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% |
KRC
Segment breakdown not available.
