Armstrong Historical Income Statement
| AWI Stock | USD 116.98 1.22 1.05% |
Historical analysis of Armstrong World income statement accounts such as Interest Expense of 49.1 M, Selling General Administrative of 320.6 M or Total Revenue of 1.8 B can show how well Armstrong World Industries performed in making a profits. Evaluating Armstrong World income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Armstrong World's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Armstrong World Indu latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Armstrong World Indu is a good buy for the upcoming year.
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About Armstrong Income Statement Analysis
Armstrong World Indu Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Armstrong World shareholders. The income statement also shows Armstrong investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Armstrong World Income Statement Chart
Armstrong World Industries Income Statement is one of the three primary financial statements used for reporting Armstrong's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Armstrong World Indu revenue and expense. Armstrong World Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Armstrong World's Total Revenue is decreasing as compared to previous years. The Armstrong World's current Other Operating Expenses is estimated to increase to about 1.6 B, while Gross Profit is projected to decrease to under 481.3 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Armstrong World Indu generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Armstrong World Industries minus its cost of goods sold. It is profit before Armstrong World operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Armstrong World Indu. It is also known as Armstrong World overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Armstrong World's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Armstrong World Indu current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. As of now, Armstrong World's Total Revenue is decreasing as compared to previous years. The Armstrong World's current Other Operating Expenses is estimated to increase to about 1.6 B, while Gross Profit is projected to decrease to under 481.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 405.6M | 449.1M | 497M | 481.3M | Total Revenue | 1.1B | 1.2B | 1.3B | 1.8B |
Armstrong World income statement Correlations
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Armstrong World Account Relationship Matchups
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Armstrong World income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 79.4M | 20.4M | (293.4M) | 96.5M | 83.7M | 126.5M | |
| Interest Expense | 38.4M | 24.1M | 22.9M | 27.1M | 46.8M | 49.1M | |
| Selling General Administrative | 174.3M | 163M | 232.1M | 231.7M | 256.6M | 320.6M | |
| Total Revenue | 1.0B | 936.9M | 1.1B | 1.2B | 1.3B | 1.8B | |
| Gross Profit | 395.1M | 333.1M | 405.6M | 449.1M | 497M | 481.3M | |
| Other Operating Expenses | 817.3M | 767.1M | 938.4M | 1.0B | 1.1B | 1.6B | |
| Operating Income | 317.4M | 169.8M | 165M | 212M | 234.5M | 246.2M | |
| Ebit | 317.4M | 169.8M | 165M | 212M | 234.5M | 136.0M | |
| Ebitda | 337.8M | (123.6M) | 261.5M | 295.7M | 323.7M | 225.3M | |
| Cost Of Revenue | 643M | 603.8M | 701M | 784M | 798.2M | 1.3B | |
| Total Operating Expenses | 174.3M | 163.3M | 237.4M | 237M | 262.5M | 321.3M | |
| Income Before Tax | 242.7M | 299.4M | (126.7M) | 257.6M | 298.3M | 313.2M | |
| Total Other Income Expense Net | (18M) | (296.5M) | 77.7M | 45.6M | 63.8M | 67.0M | |
| Net Income | 214.5M | (84.1M) | 183.2M | 202.9M | 223.8M | 235.0M | |
| Income Tax Expense | 57.1M | (42.6M) | 57.4M | 57.7M | 74.5M | 78.2M | |
| Research Development | 14.8M | 14.7M | 14.6M | 4.2M | 3.9M | 3.7M | |
| Net Income Applicable To Common Shares | 214M | (99.1M) | 183.2M | 202.9M | 182.6M | 144.7M | |
| Discontinued Operations | (27.8M) | (15M) | (2.1M) | 3M | 3.5M | 3.6M | |
| Net Income From Continuing Ops | 242.3M | 200.3M | 175.1M | 199.9M | 223.8M | 182.8M | |
| Tax Provision | 57.1M | (42.6M) | 57.4M | 57.7M | 74.5M | 42.3M | |
| Interest Income | 38.4M | 300K | 100K | 500K | 3.5M | 3.3M | |
| Extraordinary Items | (27.8M) | (15M) | (2.1M) | 3M | 2.7M | 2.8M | |
| Net Interest Income | (35.2M) | (23.8M) | (22.8M) | (26.6M) | (31.8M) | (33.4M) | |
| Reconciled Depreciation | 79.4M | 72.1M | 84M | 96.5M | 83.7M | 93.4M |
Armstrong World Investors Sentiment
The influence of Armstrong World's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Armstrong. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Armstrong World's public news can be used to forecast risks associated with an investment in Armstrong. The trend in average sentiment can be used to explain how an investor holding Armstrong can time the market purely based on public headlines and social activities around Armstrong World Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Armstrong World's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Armstrong World's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Armstrong World's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Armstrong World.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Armstrong World in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Armstrong World's short interest history, or implied volatility extrapolated from Armstrong World options trading.
Pair Trading with Armstrong World
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Armstrong World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Armstrong World will appreciate offsetting losses from the drop in the long position's value.Moving together with Armstrong Stock
| 0.82 | NX | Quanex Building Products Financial Report 6th of June 2024 | PairCorr |
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| 0.83 | DOOR | Masonite International Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Armstrong World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armstrong World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Armstrong World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Armstrong World Industries to buy it.
The correlation of Armstrong World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Armstrong World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armstrong World Indu moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Armstrong World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Armstrong World's price analysis, check to measure Armstrong World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Armstrong World is operating at the current time. Most of Armstrong World's value examination focuses on studying past and present price action to predict the probability of Armstrong World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Armstrong World's price. Additionally, you may evaluate how the addition of Armstrong World to your portfolios can decrease your overall portfolio volatility.
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Is Armstrong World's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Armstrong World. If investors know Armstrong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Armstrong World listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 1.068 | Earnings Share 4.99 | Revenue Per Share 28.975 | Quarterly Revenue Growth 0.026 |
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.