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Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and LiveRamp Holdings, Inc. (RAMP). 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 $212.2M, roughly 1.8× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 16.9%, a 1.9% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs 5.6%). Over the past eight quarters, LiveRamp Holdings, Inc.'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.
LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.
AWI vs RAMP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $388.3M | $212.2M |
| Net Profit | $65.5M | $39.9M |
| Gross Margin | 39.8% | 71.9% |
| Operating Margin | 23.7% | 18.6% |
| Net Margin | 16.9% | 18.8% |
| Revenue YoY | 5.6% | 8.6% |
| Net Profit YoY | 5.3% | 255.7% |
| EPS (diluted) | $1.51 | $0.62 |
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 | $212.2M | ||
| Q3 25 | $425.2M | $199.8M | ||
| Q2 25 | $424.6M | $194.8M | ||
| Q1 25 | $382.7M | $188.7M | ||
| Q4 24 | $367.7M | $195.4M | ||
| Q3 24 | $386.6M | $185.5M | ||
| Q2 24 | $365.1M | $176.0M | ||
| Q1 24 | $326.3M | $171.9M |
| Q4 25 | $65.5M | $39.9M | ||
| Q3 25 | $86.3M | $27.4M | ||
| Q2 25 | $87.8M | $7.7M | ||
| Q1 25 | $69.1M | $-6.3M | ||
| Q4 24 | $62.2M | $11.2M | ||
| Q3 24 | $76.9M | $1.7M | ||
| Q2 24 | $65.9M | $-7.5M | ||
| Q1 24 | $59.9M | $-5.4M |
| Q4 25 | 39.8% | 71.9% | ||
| Q3 25 | 42.0% | 70.2% | ||
| Q2 25 | 41.4% | 70.1% | ||
| Q1 25 | 39.2% | 69.3% | ||
| Q4 24 | 39.1% | 71.9% | ||
| Q3 24 | 42.4% | 72.4% | ||
| Q2 24 | 40.9% | 70.6% | ||
| Q1 24 | 38.1% | 72.2% |
| Q4 25 | 23.7% | 18.6% | ||
| Q3 25 | 27.6% | 10.7% | ||
| Q2 25 | 29.0% | 3.7% | ||
| Q1 25 | 25.7% | -6.1% | ||
| Q4 24 | 22.3% | 7.5% | ||
| Q3 24 | 28.8% | 4.0% | ||
| Q2 24 | 26.0% | -3.0% | ||
| Q1 24 | 26.4% | -8.3% |
| Q4 25 | 16.9% | 18.8% | ||
| Q3 25 | 20.3% | 13.7% | ||
| Q2 25 | 20.7% | 4.0% | ||
| Q1 25 | 18.1% | -3.3% | ||
| Q4 24 | 16.9% | 5.7% | ||
| Q3 24 | 19.9% | 0.9% | ||
| Q2 24 | 18.0% | -4.3% | ||
| Q1 24 | 18.4% | -3.1% |
| Q4 25 | $1.51 | $0.62 | ||
| Q3 25 | $1.98 | $0.42 | ||
| Q2 25 | $2.01 | $0.12 | ||
| Q1 25 | $1.58 | $-0.10 | ||
| Q4 24 | $1.41 | $0.17 | ||
| Q3 24 | $1.75 | $0.03 | ||
| Q2 24 | $1.50 | $-0.11 | ||
| Q1 24 | $1.36 | $-0.09 |
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 | $403.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $900.7M | $962.3M |
| Total Assets | $1.9B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $112.7M | $403.4M | ||
| Q3 25 | $90.1M | $376.9M | ||
| Q2 25 | $81.1M | $371.1M | ||
| Q1 25 | $82.8M | $420.8M | ||
| Q4 24 | $79.3M | $384.3M | ||
| Q3 24 | $73.7M | $348.4M | ||
| Q2 24 | $73.6M | $342.7M | ||
| Q1 24 | $69.6M | $368.9M |
| Q4 25 | $900.7M | $962.3M | ||
| Q3 25 | $889.2M | $943.8M | ||
| Q2 25 | $837.8M | $947.8M | ||
| Q1 25 | $793.4M | $948.9M | ||
| Q4 24 | $757.1M | $957.7M | ||
| Q3 24 | $717.0M | $932.1M | ||
| Q2 24 | $669.0M | $951.9M | ||
| Q1 24 | $626.8M | $949.1M |
| Q4 25 | $1.9B | $1.3B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.8B | $1.2B | ||
| Q1 24 | $1.7B | $1.2B |
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 | — |
| Free Cash FlowOCF − Capex | $62.2M | — |
| FCF MarginFCF / Revenue | 16.0% | — |
| Capex IntensityCapex / Revenue | 12.3% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.68× | — |
| TTM Free Cash FlowTrailing 4 quarters | $246.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.0M | — | ||
| Q3 25 | $122.9M | $57.4M | ||
| Q2 25 | $81.6M | $-15.8M | ||
| Q1 25 | $41.0M | — | ||
| Q4 24 | $86.6M | $45.1M | ||
| Q3 24 | $96.5M | $55.6M | ||
| Q2 24 | $57.3M | $-9.3M | ||
| Q1 24 | $26.4M | — |
| Q4 25 | $62.2M | — | ||
| Q3 25 | $100.3M | $56.8M | ||
| Q2 25 | $61.7M | $-16.2M | ||
| Q1 25 | $21.9M | — | ||
| Q4 24 | $57.8M | $44.8M | ||
| Q3 24 | $77.1M | $55.4M | ||
| Q2 24 | $37.4M | $-9.6M | ||
| Q1 24 | $11.7M | — |
| Q4 25 | 16.0% | — | ||
| Q3 25 | 23.6% | 28.4% | ||
| Q2 25 | 14.5% | -8.3% | ||
| Q1 25 | 5.7% | — | ||
| Q4 24 | 15.7% | 22.9% | ||
| Q3 24 | 19.9% | 29.8% | ||
| Q2 24 | 10.2% | -5.4% | ||
| Q1 24 | 3.6% | — |
| Q4 25 | 12.3% | 0.1% | ||
| Q3 25 | 5.3% | 0.3% | ||
| Q2 25 | 4.7% | 0.2% | ||
| Q1 25 | 5.0% | 0.2% | ||
| Q4 24 | 7.8% | 0.1% | ||
| Q3 24 | 5.0% | 0.1% | ||
| Q2 24 | 5.5% | 0.1% | ||
| Q1 24 | 4.5% | 1.0% |
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.42× | 2.09× | ||
| Q2 25 | 0.93× | -2.04× | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 1.39× | 4.02× | ||
| Q3 24 | 1.25× | 32.10× | ||
| 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
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% |
RAMP
Segment breakdown not available.
