Armstrong World Industries Inc (AWI)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 497,000 | 489,000 | 465,100 | 459,000 | 449,100 | 440,100 | 433,300 | 420,300 | 405,600 | 385,900 | 366,400 | 329,300 | 333,100 | 338,900 | 359,400 | 395,000 | 395,100 | 388,600 | 374,800 | 354,100 |
| Revenue (ttm) | US$ in thousands | 1,247,800 | 1,275,800 | 1,255,300 | 1,254,300 | 1,230,300 | 1,201,100 | 1,169,200 | 1,128,400 | 1,097,100 | 1,040,000 | 994,100 | 917,000 | 912,800 | 958,000 | 983,200 | 1,048,400 | 1,038,100 | 987,800 | 973,000 | 949,300 |
| Gross profit margin | 39.83% | 38.33% | 37.05% | 36.59% | 36.50% | 36.64% | 37.06% | 37.25% | 36.97% | 37.11% | 36.86% | 35.91% | 36.49% | 35.38% | 36.55% | 37.68% | 38.06% | 39.34% | 38.52% | 37.30% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $497,000K ÷ $1,247,800K
= 39.83%
Armstrong World Industries Inc.'s gross profit margin has shown a generally stable trend over the past eight quarters, hovering between 36.41% and 38.37%. The highest gross profit margin was recorded in Q4 2023 at 38.37%, indicating efficient cost management and solid pricing strategies. Conversely, the lowest gross profit margin was observed in Q1 2023 at 36.41%.
Overall, Armstrong World Industries Inc. has maintained a relatively healthy gross profit margin, reflecting strong control over production costs and pricing structures. This consistency suggests a stable operational performance and financial health over the analyzed period. The company's ability to sustain a consistently solid gross profit margin could indicate effective management of production and sales activities in the competitive market environment.
Peer comparison
Dec 31, 2023