Armstrong Cost Of Revenue vs Total Revenue Analysis

AWI Stock

USD 117.55 1.55 1.34%

Armstrong World financial indicator trend analysis is way more than just evaluating Armstrong World Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Armstrong World Indu is a good investment. Please check the relationship between Armstrong World Cost Of Revenue and its Total Revenue accounts. 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.

Cost Of Revenue vs Total Revenue

Cost Of Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Armstrong World Indu Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between Armstrong World's Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Armstrong World Industries, assuming nothing else is changed. The correlation between historical values of Armstrong World's Cost Of Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Armstrong World Industries are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., Armstrong World's Cost Of Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Armstrong World Indu income statement and represents the costs associated with goods and services Armstrong World provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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.

Most indicators from Armstrong World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Multiple is decreasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Gross Profit	405.6M	449.1M	497M	481.3M
Total Revenue	1.1B	1.2B	1.3B	1.8B

Gross Profit Total Revenue

Armstrong World fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.74	0.58	0.45	-0.34	0.86	0.84	0.7	0.88	0.21	0.56	0.66	-0.26	-0.78	0.5	0.69	0.83	-0.31	0.69	0.46	-0.39	0.78	0.14	0.48	0.78	0.13
Short Long Term Debt Total	0.74		0.0	0.87	-0.61	0.86	0.97	0.34	0.94	0.26	0.26	0.19	0.06	-0.73	0.02	0.57	0.4	-0.26	0.57	-0.16	-0.77	0.33	-0.45	0.09	0.44	0.11
Total Stockholder Equity	0.58	0.0		-0.24	0.26	0.21	0.17	0.72	0.24	-0.17	0.34	0.7	-0.33	-0.43	0.75	0.43	0.71	-0.05	0.43	0.77	0.29	0.82	0.67	0.65	0.68	-0.03
Net Debt	0.45	0.87	-0.24		-0.49	0.6	0.82	0.11	0.74	0.14	-0.03	0.1	0.02	-0.52	-0.05	0.12	0.27	-0.15	0.12	-0.29	-0.69	0.15	-0.65	0.07	0.11	-0.01
Other Assets	-0.34	-0.61	0.26	-0.49		-0.47	-0.55	0.19	-0.45	-0.17	0.08	0.29	-0.05	0.14	0.48	-0.32	0.05	0.54	-0.32	0.43	0.79	0.17	0.23	0.16	0.0	0.23
Common Stock Shares Outstanding	0.86	0.86	0.21	0.6	-0.47		0.9	0.6	0.91	0.33	0.44	0.39	-0.14	-0.85	0.23	0.7	0.55	-0.33	0.7	0.21	-0.55	0.51	-0.16	0.15	0.66	0.07
Non Current Liabilities Total	0.84	0.97	0.17	0.82	-0.55	0.9		0.48	0.97	0.26	0.28	0.33	-0.04	-0.81	0.17	0.6	0.55	-0.23	0.6	0.02	-0.7	0.49	-0.34	0.2	0.54	0.0
Other Stockholder Equity	0.7	0.34	0.72	0.11	0.19	0.6	0.48		0.6	0.11	0.62	0.81	-0.25	-0.87	0.84	0.61	0.7	-0.09	0.61	0.76	0.23	0.91	0.24	0.53	0.92	0.17
Total Liab	0.88	0.94	0.24	0.74	-0.45	0.91	0.97	0.6		0.33	0.49	0.44	-0.03	-0.87	0.31	0.69	0.59	-0.25	0.69	0.14	-0.57	0.59	-0.28	0.27	0.7	0.17
Other Current Liab	0.21	0.26	-0.17	0.14	-0.17	0.33	0.26	0.11	0.33		0.41	-0.07	-0.15	-0.22	-0.09	0.29	-0.01	0.11	0.29	-0.07	-0.15	-0.02	-0.18	-0.04	0.28	0.41
Total Current Liabilities	0.56	0.26	0.34	-0.03	0.08	0.44	0.28	0.62	0.49	0.41		0.59	-0.03	-0.48	0.57	0.57	0.44	-0.26	0.57	0.49	0.18	0.58	0.17	0.37	0.78	0.67
Property Plant And Equipment Net	0.66	0.19	0.7	0.1	0.29	0.39	0.33	0.81	0.44	-0.07	0.59		-0.48	-0.57	0.94	0.22	0.9	-0.19	0.22	0.88	0.34	0.94	0.36	0.82	0.69	0.24
Current Deferred Revenue	-0.26	0.06	-0.33	0.02	-0.05	-0.14	-0.04	-0.25	-0.03	-0.15	-0.03	-0.48		0.09	-0.36	0.18	-0.49	0.3	0.18	-0.57	-0.25	-0.36	-0.42	-0.62	-0.18	0.09
Retained Earnings	-0.78	-0.73	-0.43	-0.52	0.14	-0.85	-0.81	-0.87	-0.87	-0.22	-0.48	-0.57	0.09		-0.55	-0.7	-0.6	0.08	-0.7	-0.4	0.21	-0.73	0.14	-0.3	-0.82	-0.11
Accounts Payable	0.5	0.02	0.75	-0.05	0.48	0.23	0.17	0.84	0.31	-0.09	0.57	0.94	-0.36	-0.55		0.22	0.77	-0.02	0.22	0.9	0.54	0.92	0.35	0.74	0.71	0.19
Cash	0.69	0.57	0.43	0.12	-0.32	0.7	0.6	0.61	0.69	0.29	0.57	0.22	0.18	-0.7	0.22		0.29	-0.19	1.0	0.16	-0.34	0.47	0.11	0.07	0.79	0.23
Non Current Assets Total	0.83	0.4	0.71	0.27	0.05	0.55	0.55	0.7	0.59	-0.01	0.44	0.9	-0.49	-0.6	0.77	0.29		-0.13	0.29	0.75	0.01	0.9	0.3	0.73	0.63	0.06
Non Currrent Assets Other	-0.31	-0.26	-0.05	-0.15	0.54	-0.33	-0.23	-0.09	-0.25	0.11	-0.26	-0.19	0.3	0.08	-0.02	-0.19	-0.13		-0.19	-0.13	0.24	-0.15	-0.23	-0.31	-0.22	0.05
Cash And Short Term Investments	0.69	0.57	0.43	0.12	-0.32	0.7	0.6	0.61	0.69	0.29	0.57	0.22	0.18	-0.7	0.22	1.0	0.29	-0.19		0.16	-0.34	0.47	0.11	0.07	0.79	0.23
Net Receivables	0.46	-0.16	0.77	-0.29	0.43	0.21	0.02	0.76	0.14	-0.07	0.49	0.88	-0.57	-0.4	0.9	0.16	0.75	-0.13	0.16		0.59	0.83	0.58	0.68	0.63	0.05
Common Stock Total Equity	-0.39	-0.77	0.29	-0.69	0.79	-0.55	-0.7	0.23	-0.57	-0.15	0.18	0.34	-0.25	0.21	0.54	-0.34	0.01	0.24	-0.34	0.59		0.2	0.4	0.27	0.07	0.14
Inventory	0.78	0.33	0.82	0.15	0.17	0.51	0.49	0.91	0.59	-0.02	0.58	0.94	-0.36	-0.73	0.92	0.47	0.9	-0.15	0.47	0.83	0.2		0.33	0.75	0.84	0.12
Other Current Assets	0.14	-0.45	0.67	-0.65	0.23	-0.16	-0.34	0.24	-0.28	-0.18	0.17	0.36	-0.42	0.14	0.35	0.11	0.3	-0.23	0.11	0.58	0.4	0.33		0.52	0.23	0.02
Property Plant And Equipment Gross	0.48	0.09	0.65	0.07	0.16	0.15	0.2	0.53	0.27	-0.04	0.37	0.82	-0.62	-0.3	0.74	0.07	0.73	-0.31	0.07	0.68	0.27	0.75	0.52		0.46	0.23
Total Current Assets	0.78	0.44	0.68	0.11	0.0	0.66	0.54	0.92	0.7	0.28	0.78	0.69	-0.18	-0.82	0.71	0.79	0.63	-0.22	0.79	0.63	0.07	0.84	0.23	0.46		0.3
Short Term Debt	0.13	0.11	-0.03	-0.01	0.23	0.07	0.0	0.17	0.17	0.41	0.67	0.24	0.09	-0.11	0.19	0.23	0.06	0.05	0.23	0.05	0.14	0.12	0.02	0.23	0.3

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Armstrong World Account Relationship Matchups

Armstrong World fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.7B	1.7B	1.7B	1.7B	2.2B
Short Long Term Debt Total	646.1M	755.7M	671.6M	687M	640.4M	591.2M
Total Stockholder Equity	364.9M	450.9M	519.7M	535M	591.8M	501.5M
Net Debt	600.8M	618.8M	573.5M	581M	569.6M	378.3M
Other Assets	164.3M	261M	845.3M	142.6M	128.3M	121.9M
Common Stock Shares Outstanding	52.1M	49.5M	47.9M	46.4M	44.8M	51.7M
Liabilities And Stockholders Equity	1.5B	1.7B	1.7B	1.7B	1.7B	2.2B
Non Current Liabilities Total	973.2M	1.1B	980.7M	969.5M	886.1M	841.8M
Other Stockholder Equity	(267.8M)	(310.2M)	(382.7M)	(535.4M)	(650.7M)	(618.2M)
Total Liab	1.1B	1.3B	1.2B	1.2B	1.1B	1.0B
Other Current Liab	64.3M	59.2M	71M	(99.7M)	68.9M	52.8M
Total Current Liabilities	155.2M	172.3M	209.6M	182.7M	194.5M	309.7M
Property Plant And Equipment Net	524.6M	529.9M	542.8M	554.4M	618.2M	763.2M
Retained Earnings	1.0B	869.8M	1.0B	1.2B	1.3B	1.4B
Accounts Payable	79.4M	81.3M	105.8M	105M	91M	86.5M
Cash	45.3M	136.9M	98.1M	106M	70.8M	67.3M
Non Current Assets Total	1.2B	1.4B	1.4B	1.3B	1.4B	1.7B
Non Currrent Assets Other	190.5M	876.8M	845.3M	400K	(41.1M)	(39.0M)
Cash And Short Term Investments	45.3M	136.9M	98.1M	106M	70.8M	67.3M
Net Receivables	115.1M	80.6M	110.5M	114.2M	111.8M	195.8M
Inventory	68.5M	81.5M	90.2M	110M	104M	98.8M
Other Current Assets	700K	1.4M	800K	1.3M	26.4M	27.7M
Property Plant And Equipment Gross	559.9M	569.5M	542.8M	554.4M	1.2B	781.1M
Total Current Assets	244.4M	311.8M	321.9M	356.5M	313M	297.4M
Accumulated Other Comprehensive Income	(376.1M)	(109.3M)	(109.6M)	(100.1M)	(104.7M)	(109.9M)
Short Term Debt	11.5M	31.8M	32.8M	8.1M	32.3M	32.1M
Good Will	53M	160.7M	167M	167.3M	175.5M	193.0M
Intangible Assets	411.9M	457.9M	421.4M	407.7M	412.4M	411.5M
Other Liab	323M	1.1B	980.7M	290.6M	261.5M	248.5M
Long Term Debt	604.5M	690.5M	606.4M	651.1M	564.3M	740.1M
Treasury Stock	(692.2M)	(823.5M)	(863.9M)	(944M)	(849.6M)	(807.1M)
Property Plant Equipment	559.9M	529.9M	542.8M	554.4M	499.0M	659.1M
Net Tangible Assets	(100M)	(167.3M)	(68.7M)	(40M)	(36M)	(34.2M)
Long Term Debt Total	604.5M	690.5M	606.4M	651.1M	586.0M	654.8M

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

0.74	NX	Quanex Building Products Financial Report 6th of June 2024	Pair Corr
0.65	DOOR	Masonite International Financial Report 13th of May 2024	Pair Corr

Moving against Armstrong Stock

0.43

ROCK

Gibraltar Industries

Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:

How To Invest In Armstrong

Details

Is Armstrong Stock a good investment?

Details

What is Armstrong World's Net Worth?

Details

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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Armstrong Stock analysis

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

0.308

Dividend Share

1.094

Earnings Share

5.31

Revenue Per Share

29.6

Quarterly Revenue Growth

0.052

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.

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Armstrong Cost Of Revenue vs Total Revenue Analysis

Cost Of Revenue vs Total Revenue

Cost Of Revenue vs Total Revenue Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Total Revenue

Armstrong World fundamental ratios Correlations

Armstrong World Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Armstrong World fundamental ratios Accounts

Armstrong World Investors Sentiment

Pair Trading with Armstrong World

Moving together with Armstrong Stock

Moving against Armstrong Stock

Complementary Tools for Armstrong Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Non Current Liabilities Total
Total Liab	+ 0.94	Short Long Term Debt Total
Accounts Payable	+ 0.94	Property Plant And Equipment Net
Inventory	+ 0.94	Property Plant And Equipment Net

Retained Earnings	- 0.87	Total Liab
Retained Earnings	- 0.87	Other Stockholder Equity
Retained Earnings	- 0.85	Common Stock Shares Outstanding
Total Current Assets	- 0.82	Retained Earnings
Retained Earnings	- 0.81	Non Current Liabilities Total
Retained Earnings	- 0.78	Total Assets