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Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and OXFORD INDUSTRIES INC (OXM). 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 $307.3M, roughly 1.3× OXFORD INDUSTRIES INC). ARMSTRONG WORLD INDUSTRIES INC runs the higher net margin — 16.9% vs -20.7%, a 37.6% gap on every dollar of revenue. On growth, ARMSTRONG WORLD INDUSTRIES INC posted the faster year-over-year revenue change (5.6% vs -0.2%). ARMSTRONG WORLD INDUSTRIES INC produced more free cash flow last quarter ($62.2M vs $-47.9M). Over the past eight quarters, ARMSTRONG WORLD INDUSTRIES INC's revenue compounded faster (9.1% CAGR vs -3.0%).
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.
Oxford Industries, Inc. is a publicly traded clothing company in the United States that specializes in high-end clothing and apparel. The company carries many major labels, including Tommy Bahama, Lilly Pulitzer, Johnny Was and Southern Tide.
AWI vs OXM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $388.3M | $307.3M |
| Net Profit | $65.5M | $-63.7M |
| Gross Margin | 39.8% | 60.3% |
| Operating Margin | 23.7% | -27.7% |
| Net Margin | 16.9% | -20.7% |
| Revenue YoY | 5.6% | -0.2% |
| Net Profit YoY | 5.3% | -1517.6% |
| EPS (diluted) | $1.51 | $-4.28 |
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 | $307.3M | ||
| Q3 25 | $425.2M | $403.1M | ||
| Q2 25 | $424.6M | $392.9M | ||
| Q1 25 | $382.7M | — | ||
| Q4 24 | $367.7M | $308.0M | ||
| Q3 24 | $386.6M | $419.9M | ||
| Q2 24 | $365.1M | $398.2M | ||
| Q1 24 | $326.3M | $404.4M |
| Q4 25 | $65.5M | $-63.7M | ||
| Q3 25 | $86.3M | $16.7M | ||
| Q2 25 | $87.8M | $26.2M | ||
| Q1 25 | $69.1M | — | ||
| Q4 24 | $62.2M | $-3.9M | ||
| Q3 24 | $76.9M | $40.6M | ||
| Q2 24 | $65.9M | $38.4M | ||
| Q1 24 | $59.9M | $-60.1M |
| Q4 25 | 39.8% | 60.3% | ||
| Q3 25 | 42.0% | 61.4% | ||
| Q2 25 | 41.4% | 64.2% | ||
| Q1 25 | 39.2% | — | ||
| Q4 24 | 39.1% | 63.1% | ||
| Q3 24 | 42.4% | 63.1% | ||
| Q2 24 | 40.9% | 64.9% | ||
| Q1 24 | 38.1% | 60.9% |
| Q4 25 | 23.7% | -27.7% | ||
| Q3 25 | 27.6% | 6.3% | ||
| Q2 25 | 29.0% | 9.2% | ||
| Q1 25 | 25.7% | — | ||
| Q4 24 | 22.3% | -2.0% | ||
| Q3 24 | 28.8% | 12.5% | ||
| Q2 24 | 26.0% | 13.2% | ||
| Q1 24 | 26.4% | -20.1% |
| Q4 25 | 16.9% | -20.7% | ||
| Q3 25 | 20.3% | 4.1% | ||
| Q2 25 | 20.7% | 6.7% | ||
| Q1 25 | 18.1% | — | ||
| Q4 24 | 16.9% | -1.3% | ||
| Q3 24 | 19.9% | 9.7% | ||
| Q2 24 | 18.0% | 9.6% | ||
| Q1 24 | 18.4% | -14.9% |
| Q4 25 | $1.51 | $-4.28 | ||
| Q3 25 | $1.98 | $1.12 | ||
| Q2 25 | $2.01 | $1.70 | ||
| Q1 25 | $1.58 | — | ||
| Q4 24 | $1.41 | $-0.25 | ||
| Q3 24 | $1.75 | $2.57 | ||
| Q2 24 | $1.50 | $2.42 | ||
| Q1 24 | $1.36 | $-3.72 |
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 | $8.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $900.7M | $528.0M |
| Total Assets | $1.9B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $112.7M | $8.0M | ||
| Q3 25 | $90.1M | $6.9M | ||
| Q2 25 | $81.1M | $8.2M | ||
| Q1 25 | $82.8M | — | ||
| Q4 24 | $79.3M | $7.0M | ||
| Q3 24 | $73.7M | $18.4M | ||
| Q2 24 | $73.6M | $7.7M | ||
| Q1 24 | $69.6M | $7.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $29.0M |
| Q4 25 | $900.7M | $528.0M | ||
| Q3 25 | $889.2M | $597.1M | ||
| Q2 25 | $837.8M | $592.4M | ||
| Q1 25 | $793.4M | — | ||
| Q4 24 | $757.1M | $612.2M | ||
| Q3 24 | $717.0M | $621.6M | ||
| Q2 24 | $669.0M | $592.9M | ||
| Q1 24 | $626.8M | $560.9M |
| Q4 25 | $1.9B | $1.3B | ||
| Q3 25 | $1.9B | $1.3B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.8B | $1.2B | ||
| Q1 24 | $1.7B | $1.1B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.05× |
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 | $-9.1M |
| Free Cash FlowOCF − Capex | $62.2M | $-47.9M |
| FCF MarginFCF / Revenue | 16.0% | -15.6% |
| Capex IntensityCapex / Revenue | 12.3% | 12.6% |
| Cash ConversionOCF / Net Profit | 1.68× | — |
| TTM Free Cash FlowTrailing 4 quarters | $246.1M | $-79.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.0M | $-9.1M | ||
| Q3 25 | $122.9M | $83.5M | ||
| Q2 25 | $81.6M | $-3.9M | ||
| Q1 25 | $41.0M | — | ||
| Q4 24 | $86.6M | $-18.2M | ||
| Q3 24 | $96.5M | $88.8M | ||
| Q2 24 | $57.3M | $32.9M | ||
| Q1 24 | $26.4M | $74.9M |
| Q4 25 | $62.2M | $-47.9M | ||
| Q3 25 | $100.3M | $52.3M | ||
| Q2 25 | $61.7M | $-27.4M | ||
| Q1 25 | $21.9M | — | ||
| Q4 24 | $57.8M | $-56.9M | ||
| Q3 24 | $77.1M | $47.2M | ||
| Q2 24 | $37.4M | $21.0M | ||
| Q1 24 | $11.7M | $55.3M |
| Q4 25 | 16.0% | -15.6% | ||
| Q3 25 | 23.6% | 13.0% | ||
| Q2 25 | 14.5% | -7.0% | ||
| Q1 25 | 5.7% | — | ||
| Q4 24 | 15.7% | -18.5% | ||
| Q3 24 | 19.9% | 11.2% | ||
| Q2 24 | 10.2% | 5.3% | ||
| Q1 24 | 3.6% | 13.7% |
| Q4 25 | 12.3% | 12.6% | ||
| Q3 25 | 5.3% | 7.7% | ||
| Q2 25 | 4.7% | 6.0% | ||
| Q1 25 | 5.0% | — | ||
| Q4 24 | 7.8% | 12.6% | ||
| Q3 24 | 5.0% | 9.9% | ||
| Q2 24 | 5.5% | 3.0% | ||
| Q1 24 | 4.5% | 4.8% |
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.42× | 5.00× | ||
| Q2 25 | 0.93× | -0.15× | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 1.39× | — | ||
| Q3 24 | 1.25× | 2.19× | ||
| Q2 24 | 0.87× | 0.86× | ||
| Q1 24 | 0.44× | — |
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% |
OXM
| Sales Channel Retail | $162.9M | 53% |
| Sales Channel Wholesale | $61.3M | 20% |
| Johnny Was | $45.4M | 15% |
| Sales Channel Food And Beverage | $29.3M | 10% |
| Other Foreign Countries | $9.0M | 3% |
