Who We Are

Armstrong World Industries is a leader in the design, innovation and manufacture of innovative ceiling and wall system solutions in the Americas. For over 160 years, we have built our business on consistently high-quality products, innovation and superior customer service. Our 3,000 employees are committed to providing sustainable and innovative products that make a positive difference in the spaces where people live, work, learn, heal and play.

How We Create Value

We have a focused strategy to drive profitable growth by strengthening our core mineral fiber segment and expanding our architectural specialties segment. In addition to broadening our product portfolio and capabilities through acquisitions and partnerships, we are investing in market-leading innovation, particularly around indoor environmental quality, and developing digitally enabled systems and tools to create efficiencies throughout our operations and for our customers, as well as to create new demand.  

Why Invest

~20%

Average Adjusted Free Cash Flow (FCF) Margin*

Five-year (2019-2023) average demonstrates robust cash generation capability

~34%

Average (2019-2023) adjusted EBITDA Margin*

Leading position in an attractive market drives strong profitability potential through economic cycles

+$1B

+$1 billion in returns to shareholders since 2016

Disciplined, balanced capital allocation approach featuring cash dividend and share repurchases

*Non-GAAP measure. Reconciliations to the most directly comparable GAAP measures can be found in our investor presentation.

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