vs
Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and POTLATCHDELTIC CORP (PCH). 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 $314.2M, roughly 1.2× POTLATCHDELTIC CORP). ARMSTRONG WORLD INDUSTRIES INC runs the higher net margin — 16.9% vs 8.2%, a 8.6% gap on every dollar of revenue. On growth, POTLATCHDELTIC CORP posted the faster year-over-year revenue change (23.1% vs 5.6%). ARMSTRONG WORLD INDUSTRIES INC produced more free cash flow last quarter ($62.2M vs $50.1M). Over the past eight quarters, POTLATCHDELTIC CORP's revenue compounded faster (11.1% CAGR vs 9.1%).
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.
POTLATCHDELTIC CORPPCHEarnings & Financial Report
PotlatchDeltic Corporation is an American diversified forest products company based in Spokane, Washington.
AWI vs PCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $388.3M | $314.2M |
| Net Profit | $65.5M | $25.9M |
| Gross Margin | 39.8% | 18.2% |
| Operating Margin | 23.7% | 11.2% |
| Net Margin | 16.9% | 8.2% |
| Revenue YoY | 5.6% | 23.1% |
| Net Profit YoY | 5.3% | 682.5% |
| EPS (diluted) | $1.51 | $0.33 |
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 | — | ||
| Q3 25 | $425.2M | $314.2M | ||
| Q2 25 | $424.6M | $275.0M | ||
| Q1 25 | $382.7M | $268.3M | ||
| Q4 24 | $367.7M | $258.1M | ||
| Q3 24 | $386.6M | $255.1M | ||
| Q2 24 | $365.1M | $320.7M | ||
| Q1 24 | $326.3M | $228.1M |
| Q4 25 | $65.5M | — | ||
| Q3 25 | $86.3M | $25.9M | ||
| Q2 25 | $87.8M | $7.4M | ||
| Q1 25 | $69.1M | $25.8M | ||
| Q4 24 | $62.2M | $5.2M | ||
| Q3 24 | $76.9M | $3.3M | ||
| Q2 24 | $65.9M | $13.7M | ||
| Q1 24 | $59.9M | $-305.0K |
| Q4 25 | 39.8% | — | ||
| Q3 25 | 42.0% | 18.2% | ||
| Q2 25 | 41.4% | 13.0% | ||
| Q1 25 | 39.2% | 17.8% | ||
| Q4 24 | 39.1% | 13.4% | ||
| Q3 24 | 42.4% | 10.8% | ||
| Q2 24 | 40.9% | 11.9% | ||
| Q1 24 | 38.1% | 7.0% |
| Q4 25 | 23.7% | — | ||
| Q3 25 | 27.6% | 11.2% | ||
| Q2 25 | 29.0% | 5.0% | ||
| Q1 25 | 25.7% | 10.3% | ||
| Q4 24 | 22.3% | 5.2% | ||
| Q3 24 | 28.8% | 2.8% | ||
| Q2 24 | 26.0% | 5.4% | ||
| Q1 24 | 26.4% | -2.1% |
| Q4 25 | 16.9% | — | ||
| Q3 25 | 20.3% | 8.2% | ||
| Q2 25 | 20.7% | 2.7% | ||
| Q1 25 | 18.1% | 9.6% | ||
| Q4 24 | 16.9% | 2.0% | ||
| Q3 24 | 19.9% | 1.3% | ||
| Q2 24 | 18.0% | 4.3% | ||
| Q1 24 | 18.4% | -0.1% |
| Q4 25 | $1.51 | — | ||
| Q3 25 | $1.98 | $0.33 | ||
| Q2 25 | $2.01 | $0.09 | ||
| Q1 25 | $1.58 | $0.33 | ||
| Q4 24 | $1.41 | $0.07 | ||
| Q3 24 | $1.75 | $0.04 | ||
| Q2 24 | $1.50 | $0.17 | ||
| Q1 24 | $1.36 | $0.00 |
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 | $88.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $900.7M | $1.9B |
| Total Assets | $1.9B | $3.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $112.7M | — | ||
| Q3 25 | $90.1M | $88.8M | ||
| Q2 25 | $81.1M | $95.3M | ||
| Q1 25 | $82.8M | $147.5M | ||
| Q4 24 | $79.3M | $151.6M | ||
| Q3 24 | $73.7M | $161.1M | ||
| Q2 24 | $73.6M | $199.7M | ||
| Q1 24 | $69.6M | $180.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $900.7M | — | ||
| Q3 25 | $889.2M | $1.9B | ||
| Q2 25 | $837.8M | $1.9B | ||
| Q1 25 | $793.4M | $2.0B | ||
| Q4 24 | $757.1M | $2.0B | ||
| Q3 24 | $717.0M | $2.1B | ||
| Q2 24 | $669.0M | $2.1B | ||
| Q1 24 | $626.8M | $2.2B |
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | $3.2B | ||
| Q2 25 | $1.9B | $3.2B | ||
| Q1 25 | $1.9B | $3.3B | ||
| Q4 24 | $1.8B | $3.3B | ||
| Q3 24 | $1.8B | $3.3B | ||
| Q2 24 | $1.8B | $3.4B | ||
| Q1 24 | $1.7B | $3.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $65.7M |
| Free Cash FlowOCF − Capex | $62.2M | $50.1M |
| FCF MarginFCF / Revenue | 16.0% | 15.9% |
| Capex IntensityCapex / Revenue | 12.3% | 4.9% |
| Cash ConversionOCF / Net Profit | 1.68× | 2.54× |
| TTM Free Cash FlowTrailing 4 quarters | $246.1M | $132.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.0M | — | ||
| Q3 25 | $122.9M | $65.7M | ||
| Q2 25 | $81.6M | $41.0M | ||
| Q1 25 | $41.0M | $49.1M | ||
| Q4 24 | $86.6M | $45.4M | ||
| Q3 24 | $96.5M | $26.5M | ||
| Q2 24 | $57.3M | $100.6M | ||
| Q1 24 | $26.4M | $16.0M |
| Q4 25 | $62.2M | — | ||
| Q3 25 | $100.3M | $50.1M | ||
| Q2 25 | $61.7M | $30.6M | ||
| Q1 25 | $21.9M | $26.3M | ||
| Q4 24 | $57.8M | $25.4M | ||
| Q3 24 | $77.1M | $-8.2M | ||
| Q2 24 | $37.4M | $72.4M | ||
| Q1 24 | $11.7M | $2.0M |
| Q4 25 | 16.0% | — | ||
| Q3 25 | 23.6% | 15.9% | ||
| Q2 25 | 14.5% | 11.1% | ||
| Q1 25 | 5.7% | 9.8% | ||
| Q4 24 | 15.7% | 9.9% | ||
| Q3 24 | 19.9% | -3.2% | ||
| Q2 24 | 10.2% | 22.6% | ||
| Q1 24 | 3.6% | 0.9% |
| Q4 25 | 12.3% | — | ||
| Q3 25 | 5.3% | 4.9% | ||
| Q2 25 | 4.7% | 3.8% | ||
| Q1 25 | 5.0% | 8.5% | ||
| Q4 24 | 7.8% | 7.7% | ||
| Q3 24 | 5.0% | 13.6% | ||
| Q2 24 | 5.5% | 8.8% | ||
| Q1 24 | 4.5% | 6.1% |
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.42× | 2.54× | ||
| Q2 25 | 0.93× | 5.58× | ||
| Q1 25 | 0.59× | 1.90× | ||
| Q4 24 | 1.39× | 8.74× | ||
| Q3 24 | 1.25× | 7.99× | ||
| Q2 24 | 0.87× | 7.35× | ||
| 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% |
PCH
| Lumber | $131.8M | 42% |
| Timberlands | $52.5M | 17% |
| Rural Real Estate | $51.3M | 16% |
| Residuals And Panels | $34.0M | 11% |
| Pulpwood | $16.7M | 5% |
| Development Real Estate | $14.6M | 5% |
| Other | $8.1M | 3% |
| Other Products | $5.2M | 2% |
