vs

Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and STONERIDGE INC (SRI). 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 $205.2M, roughly 1.9× STONERIDGE INC). On growth, ARMSTRONG WORLD INDUSTRIES INC posted the faster year-over-year revenue change (5.6% vs -6.0%). ARMSTRONG WORLD INDUSTRIES INC produced more free cash flow last quarter ($62.2M vs $2.6M). Over the past eight quarters, ARMSTRONG WORLD INDUSTRIES INC's revenue compounded faster (9.1% CAGR vs -7.4%).

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.

Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.

AWI vs SRI — Head-to-Head

Bigger by revenue
AWI
AWI
1.9× larger
AWI
$388.3M
$205.2M
SRI
Growing faster (revenue YoY)
AWI
AWI
+11.6% gap
AWI
5.6%
-6.0%
SRI
More free cash flow
AWI
AWI
$59.6M more FCF
AWI
$62.2M
$2.6M
SRI
Faster 2-yr revenue CAGR
AWI
AWI
Annualised
AWI
9.1%
-7.4%
SRI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AWI
AWI
SRI
SRI
Revenue
$388.3M
$205.2M
Net Profit
$65.5M
Gross Margin
39.8%
16.2%
Operating Margin
23.7%
-14.4%
Net Margin
16.9%
Revenue YoY
5.6%
-6.0%
Net Profit YoY
5.3%
EPS (diluted)
$1.51
$-2.76

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.

Revenue
AWI
AWI
SRI
SRI
Q4 25
$388.3M
$205.2M
Q3 25
$425.2M
$210.3M
Q2 25
$424.6M
$228.0M
Q1 25
$382.7M
$217.9M
Q4 24
$367.7M
$218.2M
Q3 24
$386.6M
$213.8M
Q2 24
$365.1M
$237.1M
Q1 24
$326.3M
$239.2M
Net Profit
AWI
AWI
SRI
SRI
Q4 25
$65.5M
Q3 25
$86.3M
$-9.4M
Q2 25
$87.8M
$-9.4M
Q1 25
$69.1M
$-7.2M
Q4 24
$62.2M
Q3 24
$76.9M
$-7.1M
Q2 24
$65.9M
$2.8M
Q1 24
$59.9M
$-6.1M
Gross Margin
AWI
AWI
SRI
SRI
Q4 25
39.8%
16.2%
Q3 25
42.0%
20.3%
Q2 25
41.4%
21.5%
Q1 25
39.2%
21.2%
Q4 24
39.1%
19.5%
Q3 24
42.4%
20.8%
Q2 24
40.9%
22.7%
Q1 24
38.1%
20.2%
Operating Margin
AWI
AWI
SRI
SRI
Q4 25
23.7%
-14.4%
Q3 25
27.6%
-1.6%
Q2 25
29.0%
-1.1%
Q1 25
25.7%
-1.5%
Q4 24
22.3%
-2.0%
Q3 24
28.8%
0.1%
Q2 24
26.0%
1.4%
Q1 24
26.4%
0.1%
Net Margin
AWI
AWI
SRI
SRI
Q4 25
16.9%
Q3 25
20.3%
-4.5%
Q2 25
20.7%
-4.1%
Q1 25
18.1%
-3.3%
Q4 24
16.9%
Q3 24
19.9%
-3.3%
Q2 24
18.0%
1.2%
Q1 24
18.4%
-2.6%
EPS (diluted)
AWI
AWI
SRI
SRI
Q4 25
$1.51
$-2.76
Q3 25
$1.98
$-0.34
Q2 25
$2.01
$-0.34
Q1 25
$1.58
$-0.26
Q4 24
$1.41
$-0.22
Q3 24
$1.75
$-0.26
Q2 24
$1.50
$0.10
Q1 24
$1.36
$-0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AWI
AWI
SRI
SRI
Cash + ST InvestmentsLiquidity on hand
$112.7M
$66.3M
Total DebtLower is stronger
$180.9M
Stockholders' EquityBook value
$900.7M
$179.8M
Total Assets
$1.9B
$551.2M
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWI
AWI
SRI
SRI
Q4 25
$112.7M
$66.3M
Q3 25
$90.1M
$54.0M
Q2 25
$81.1M
$49.8M
Q1 25
$82.8M
$79.1M
Q4 24
$79.3M
$71.8M
Q3 24
$73.7M
$54.1M
Q2 24
$73.6M
$42.1M
Q1 24
$69.6M
$48.4M
Total Debt
AWI
AWI
SRI
SRI
Q4 25
$180.9M
Q3 25
Q2 25
Q1 25
Q4 24
$201.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AWI
AWI
SRI
SRI
Q4 25
$900.7M
$179.8M
Q3 25
$889.2M
$251.2M
Q2 25
$837.8M
$260.5M
Q1 25
$793.4M
$253.1M
Q4 24
$757.1M
$245.3M
Q3 24
$717.0M
$271.4M
Q2 24
$669.0M
$270.5M
Q1 24
$626.8M
$277.3M
Total Assets
AWI
AWI
SRI
SRI
Q4 25
$1.9B
$551.2M
Q3 25
$1.9B
$632.1M
Q2 25
$1.9B
$639.4M
Q1 25
$1.9B
$657.4M
Q4 24
$1.8B
$621.6M
Q3 24
$1.8B
$662.5M
Q2 24
$1.8B
$666.7M
Q1 24
$1.7B
$675.4M
Debt / Equity
AWI
AWI
SRI
SRI
Q4 25
1.01×
Q3 25
Q2 25
Q1 25
Q4 24
0.82×
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
AWI
AWI
SRI
SRI
Operating Cash FlowLast quarter
$110.0M
$8.8M
Free Cash FlowOCF − Capex
$62.2M
$2.6M
FCF MarginFCF / Revenue
16.0%
1.3%
Capex IntensityCapex / Revenue
12.3%
3.0%
Cash ConversionOCF / Net Profit
1.68×
TTM Free Cash FlowTrailing 4 quarters
$246.1M
$12.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWI
AWI
SRI
SRI
Q4 25
$110.0M
$8.8M
Q3 25
$122.9M
$3.6M
Q2 25
$81.6M
$10.7M
Q1 25
$41.0M
$10.9M
Q4 24
$86.6M
$19.2M
Q3 24
$96.5M
$10.8M
Q2 24
$57.3M
$8.7M
Q1 24
$26.4M
$9.1M
Free Cash Flow
AWI
AWI
SRI
SRI
Q4 25
$62.2M
$2.6M
Q3 25
$100.3M
$-2.7M
Q2 25
$61.7M
$7.4M
Q1 25
$21.9M
$4.8M
Q4 24
$57.8M
$14.0M
Q3 24
$77.1M
$4.6M
Q2 24
$37.4M
$1.5M
Q1 24
$11.7M
$3.3M
FCF Margin
AWI
AWI
SRI
SRI
Q4 25
16.0%
1.3%
Q3 25
23.6%
-1.3%
Q2 25
14.5%
3.3%
Q1 25
5.7%
2.2%
Q4 24
15.7%
6.4%
Q3 24
19.9%
2.2%
Q2 24
10.2%
0.6%
Q1 24
3.6%
1.4%
Capex Intensity
AWI
AWI
SRI
SRI
Q4 25
12.3%
3.0%
Q3 25
5.3%
3.0%
Q2 25
4.7%
1.4%
Q1 25
5.0%
2.8%
Q4 24
7.8%
2.4%
Q3 24
5.0%
2.9%
Q2 24
5.5%
3.0%
Q1 24
4.5%
2.4%
Cash Conversion
AWI
AWI
SRI
SRI
Q4 25
1.68×
Q3 25
1.42×
Q2 25
0.93×
Q1 25
0.59×
Q4 24
1.39×
Q3 24
1.25×
Q2 24
0.87×
3.11×
Q1 24
0.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AWI
AWI

Distributors$183.0M47%
Architectural Specialties$143.7M37%
Home Centers$27.2M7%
Retailers And Other$21.7M6%
Direct Customers$12.7M3%

SRI
SRI

Control Devices$51.7M25%
Electronics$38.0M19%
EE$34.2M17%
SE$28.6M14%
NL$24.5M12%
Stoneridge Brazil$14.1M7%
Asia Pacific$13.1M6%

Related Comparisons