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Side-by-side financial comparison of ARMSTRONG WORLD INDUSTRIES INC (AWI) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). 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 $220.8M, roughly 1.8× UNIVERSAL TECHNICAL INSTITUTE INC). ARMSTRONG WORLD INDUSTRIES INC runs the higher net margin — 16.9% vs 5.8%, a 11.1% gap on every dollar of revenue. On growth, UNIVERSAL TECHNICAL INSTITUTE INC posted the faster year-over-year revenue change (9.6% vs 5.6%). ARMSTRONG WORLD INDUSTRIES INC produced more free cash flow last quarter ($62.2M vs $-19.2M). Over the past eight quarters, UNIVERSAL TECHNICAL INSTITUTE INC's revenue compounded faster (9.5% 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.

Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.

AWI vs UTI — Head-to-Head

Bigger by revenue
AWI
AWI
1.8× larger
AWI
$388.3M
$220.8M
UTI
Growing faster (revenue YoY)
UTI
UTI
+4.0% gap
UTI
9.6%
5.6%
AWI
Higher net margin
AWI
AWI
11.1% more per $
AWI
16.9%
5.8%
UTI
More free cash flow
AWI
AWI
$81.4M more FCF
AWI
$62.2M
$-19.2M
UTI
Faster 2-yr revenue CAGR
UTI
UTI
Annualised
UTI
9.5%
9.1%
AWI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AWI
AWI
UTI
UTI
Revenue
$388.3M
$220.8M
Net Profit
$65.5M
$12.8M
Gross Margin
39.8%
Operating Margin
23.7%
7.1%
Net Margin
16.9%
5.8%
Revenue YoY
5.6%
9.6%
Net Profit YoY
5.3%
-42.1%
EPS (diluted)
$1.51
$0.23

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
UTI
UTI
Q4 25
$388.3M
$220.8M
Q3 25
$425.2M
$222.4M
Q2 25
$424.6M
$204.3M
Q1 25
$382.7M
$207.4M
Q4 24
$367.7M
$201.4M
Q3 24
$386.6M
$196.4M
Q2 24
$365.1M
$177.5M
Q1 24
$326.3M
$184.2M
Net Profit
AWI
AWI
UTI
UTI
Q4 25
$65.5M
$12.8M
Q3 25
$86.3M
$18.8M
Q2 25
$87.8M
$10.7M
Q1 25
$69.1M
$11.4M
Q4 24
$62.2M
$22.2M
Q3 24
$76.9M
$18.8M
Q2 24
$65.9M
$5.0M
Q1 24
$59.9M
$7.8M
Gross Margin
AWI
AWI
UTI
UTI
Q4 25
39.8%
Q3 25
42.0%
Q2 25
41.4%
Q1 25
39.2%
Q4 24
39.1%
Q3 24
42.4%
Q2 24
40.9%
Q1 24
38.1%
Operating Margin
AWI
AWI
UTI
UTI
Q4 25
23.7%
7.1%
Q3 25
27.6%
11.2%
Q2 25
29.0%
6.9%
Q1 25
25.7%
8.1%
Q4 24
22.3%
13.6%
Q3 24
28.8%
13.3%
Q2 24
26.0%
4.2%
Q1 24
26.4%
6.1%
Net Margin
AWI
AWI
UTI
UTI
Q4 25
16.9%
5.8%
Q3 25
20.3%
8.4%
Q2 25
20.7%
5.2%
Q1 25
18.1%
5.5%
Q4 24
16.9%
11.0%
Q3 24
19.9%
9.6%
Q2 24
18.0%
2.8%
Q1 24
18.4%
4.2%
EPS (diluted)
AWI
AWI
UTI
UTI
Q4 25
$1.51
$0.23
Q3 25
$1.98
$0.33
Q2 25
$2.01
$0.19
Q1 25
$1.58
$0.21
Q4 24
$1.41
$0.40
Q3 24
$1.75
$0.35
Q2 24
$1.50
$0.09
Q1 24
$1.36
$0.14

Balance Sheet & Financial Strength

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

Metric
AWI
AWI
UTI
UTI
Cash + ST InvestmentsLiquidity on hand
$112.7M
$162.8M
Total DebtLower is stronger
$101.4M
Stockholders' EquityBook value
$900.7M
$335.9M
Total Assets
$1.9B
$834.0M
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWI
AWI
UTI
UTI
Q4 25
$112.7M
$162.8M
Q3 25
$90.1M
$169.1M
Q2 25
$81.1M
$70.7M
Q1 25
$82.8M
$96.0M
Q4 24
$79.3M
$172.0M
Q3 24
$73.7M
$161.9M
Q2 24
$73.6M
$115.5M
Q1 24
$69.6M
$116.1M
Total Debt
AWI
AWI
UTI
UTI
Q4 25
$101.4M
Q3 25
$87.1M
Q2 25
$73.8M
Q1 25
$94.4M
Q4 24
$120.1M
Q3 24
$125.7M
Q2 24
$137.3M
Q1 24
$141.9M
Stockholders' Equity
AWI
AWI
UTI
UTI
Q4 25
$900.7M
$335.9M
Q3 25
$889.2M
$328.1M
Q2 25
$837.8M
$306.8M
Q1 25
$793.4M
$293.9M
Q4 24
$757.1M
$280.0M
Q3 24
$717.0M
$260.2M
Q2 24
$669.0M
$239.4M
Q1 24
$626.8M
$232.6M
Total Assets
AWI
AWI
UTI
UTI
Q4 25
$1.9B
$834.0M
Q3 25
$1.9B
$826.1M
Q2 25
$1.9B
$740.8M
Q1 25
$1.9B
$720.4M
Q4 24
$1.8B
$753.8M
Q3 24
$1.8B
$744.6M
Q2 24
$1.8B
$706.0M
Q1 24
$1.7B
$702.1M
Debt / Equity
AWI
AWI
UTI
UTI
Q4 25
0.30×
Q3 25
0.27×
Q2 25
0.24×
Q1 25
0.32×
Q4 24
0.43×
Q3 24
0.48×
Q2 24
0.57×
Q1 24
0.61×

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
UTI
UTI
Operating Cash FlowLast quarter
$110.0M
$3.1M
Free Cash FlowOCF − Capex
$62.2M
$-19.2M
FCF MarginFCF / Revenue
16.0%
-8.7%
Capex IntensityCapex / Revenue
12.3%
10.1%
Cash ConversionOCF / Net Profit
1.68×
0.24×
TTM Free Cash FlowTrailing 4 quarters
$246.1M
$16.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWI
AWI
UTI
UTI
Q4 25
$110.0M
$3.1M
Q3 25
$122.9M
$57.1M
Q2 25
$81.6M
$18.1M
Q1 25
$41.0M
$-789.0K
Q4 24
$86.6M
$23.0M
Q3 24
$96.5M
$67.5M
Q2 24
$57.3M
$10.0M
Q1 24
$26.4M
$-2.5M
Free Cash Flow
AWI
AWI
UTI
UTI
Q4 25
$62.2M
$-19.2M
Q3 25
$100.3M
$40.6M
Q2 25
$61.7M
$6.8M
Q1 25
$21.9M
$-11.7M
Q4 24
$57.8M
$19.6M
Q3 24
$77.1M
$60.0M
Q2 24
$37.4M
$3.0M
Q1 24
$11.7M
$-8.4M
FCF Margin
AWI
AWI
UTI
UTI
Q4 25
16.0%
-8.7%
Q3 25
23.6%
18.3%
Q2 25
14.5%
3.4%
Q1 25
5.7%
-5.7%
Q4 24
15.7%
9.7%
Q3 24
19.9%
30.6%
Q2 24
10.2%
1.7%
Q1 24
3.6%
-4.6%
Capex Intensity
AWI
AWI
UTI
UTI
Q4 25
12.3%
10.1%
Q3 25
5.3%
7.4%
Q2 25
4.7%
5.5%
Q1 25
5.0%
5.3%
Q4 24
7.8%
1.7%
Q3 24
5.0%
3.8%
Q2 24
5.5%
4.0%
Q1 24
4.5%
3.2%
Cash Conversion
AWI
AWI
UTI
UTI
Q4 25
1.68×
0.24×
Q3 25
1.42×
3.04×
Q2 25
0.93×
1.69×
Q1 25
0.59×
-0.07×
Q4 24
1.39×
1.04×
Q3 24
1.25×
3.58×
Q2 24
0.87×
2.01×
Q1 24
0.44×
-0.32×

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%

UTI
UTI

UTI$142.8M65%
Concorde$78.0M35%

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