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Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and Trip.com Group Ltd (TCOM). 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 $304.6M, roughly 1.3× Trip.com Group Ltd). Trip.com Group Ltd runs the higher net margin — 27.8% vs 16.9%, a 10.9% gap on every dollar of revenue.

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.

Trip.com Group Limited is a multinational travel agency headquartered in Shanghai, China. It is the largest online travel service provider in the world.

AWI vs TCOM — Head-to-Head

Bigger by revenue
AWI
AWI
1.3× larger
AWI
$388.3M
$304.6M
TCOM
Higher net margin
TCOM
TCOM
10.9% more per $
TCOM
27.8%
16.9%
AWI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AWI
AWI
TCOM
TCOM
Revenue
$388.3M
$304.6M
Net Profit
$65.5M
$84.6M
Gross Margin
39.8%
78.8%
Operating Margin
23.7%
16.5%
Net Margin
16.9%
27.8%
Revenue YoY
5.6%
Net Profit YoY
5.3%
EPS (diluted)
$1.51
$0.12

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
TCOM
TCOM
Q4 25
$388.3M
$304.6M
Q3 25
$425.2M
Q2 25
$424.6M
Q1 25
$382.7M
Q4 24
$367.7M
Q3 24
$386.6M
Q2 24
$365.1M
$242.7M
Q1 24
$326.3M
Net Profit
AWI
AWI
TCOM
TCOM
Q4 25
$65.5M
$84.6M
Q3 25
$86.3M
Q2 25
$87.8M
Q1 25
$69.1M
Q4 24
$62.2M
Q3 24
$76.9M
Q2 24
$65.9M
$73.8M
Q1 24
$59.9M
Gross Margin
AWI
AWI
TCOM
TCOM
Q4 25
39.8%
78.8%
Q3 25
42.0%
Q2 25
41.4%
Q1 25
39.2%
Q4 24
39.1%
Q3 24
42.4%
Q2 24
40.9%
81.8%
Q1 24
38.1%
Operating Margin
AWI
AWI
TCOM
TCOM
Q4 25
23.7%
16.5%
Q3 25
27.6%
Q2 25
29.0%
Q1 25
25.7%
Q4 24
22.3%
Q3 24
28.8%
Q2 24
26.0%
27.8%
Q1 24
26.4%
Net Margin
AWI
AWI
TCOM
TCOM
Q4 25
16.9%
27.8%
Q3 25
20.3%
Q2 25
20.7%
Q1 25
18.1%
Q4 24
16.9%
Q3 24
19.9%
Q2 24
18.0%
30.4%
Q1 24
18.4%
EPS (diluted)
AWI
AWI
TCOM
TCOM
Q4 25
$1.51
$0.12
Q3 25
$1.98
Q2 25
$2.01
Q1 25
$1.58
Q4 24
$1.41
Q3 24
$1.75
Q2 24
$1.50
$0.11
Q1 24
$1.36

Balance Sheet & Financial Strength

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

Metric
AWI
AWI
TCOM
TCOM
Cash + ST InvestmentsLiquidity on hand
$112.7M
$10.8B
Total DebtLower is stronger
$4.2B
Stockholders' EquityBook value
$900.7M
$23.8B
Total Assets
$1.9B
$36.9B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWI
AWI
TCOM
TCOM
Q4 25
$112.7M
$10.8B
Q3 25
$90.1M
Q2 25
$81.1M
Q1 25
$82.8M
Q4 24
$79.3M
Q3 24
$73.7M
Q2 24
$73.6M
$12.4B
Q1 24
$69.6M
Total Debt
AWI
AWI
TCOM
TCOM
Q4 25
$4.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$8.2B
Q1 24
Stockholders' Equity
AWI
AWI
TCOM
TCOM
Q4 25
$900.7M
$23.8B
Q3 25
$889.2M
Q2 25
$837.8M
Q1 25
$793.4M
Q4 24
$757.1M
Q3 24
$717.0M
Q2 24
$669.0M
$18.1B
Q1 24
$626.8M
Total Assets
AWI
AWI
TCOM
TCOM
Q4 25
$1.9B
$36.9B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
$34.2B
Q1 24
$1.7B
Debt / Equity
AWI
AWI
TCOM
TCOM
Q4 25
0.18×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.45×
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
TCOM
TCOM
Operating Cash FlowLast quarter
$110.0M
Free Cash FlowOCF − Capex
$62.2M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
12.3%
Cash ConversionOCF / Net Profit
1.68×
TTM Free Cash FlowTrailing 4 quarters
$246.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWI
AWI
TCOM
TCOM
Q4 25
$110.0M
Q3 25
$122.9M
Q2 25
$81.6M
Q1 25
$41.0M
Q4 24
$86.6M
Q3 24
$96.5M
Q2 24
$57.3M
Q1 24
$26.4M
Free Cash Flow
AWI
AWI
TCOM
TCOM
Q4 25
$62.2M
Q3 25
$100.3M
Q2 25
$61.7M
Q1 25
$21.9M
Q4 24
$57.8M
Q3 24
$77.1M
Q2 24
$37.4M
Q1 24
$11.7M
FCF Margin
AWI
AWI
TCOM
TCOM
Q4 25
16.0%
Q3 25
23.6%
Q2 25
14.5%
Q1 25
5.7%
Q4 24
15.7%
Q3 24
19.9%
Q2 24
10.2%
Q1 24
3.6%
Capex Intensity
AWI
AWI
TCOM
TCOM
Q4 25
12.3%
Q3 25
5.3%
Q2 25
4.7%
Q1 25
5.0%
Q4 24
7.8%
Q3 24
5.0%
Q2 24
5.5%
Q1 24
4.5%
Cash Conversion
AWI
AWI
TCOM
TCOM
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×
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%

TCOM
TCOM

Others$273.0M90%
Other$31.6M10%

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