Armstrong World Industries Inc (AWI)

Net 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
Net income (ttm)	US$ in thousands	223,800	225,800	213,800	205,800	202,900	196,000	189,300	192,200	183,200	164,100	167,300	162,500	-99,100	-74,200	-55,000	-50,800	214,500	201,400	204,400	197,200
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
Net profit margin		17.94%	17.70%	17.03%	16.41%	16.49%	16.32%	16.19%	17.03%	16.70%	15.78%	16.83%	17.72%	-10.86%	-7.75%	-5.59%	-4.85%	20.66%	20.39%	21.01%	20.77%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $223,800K ÷ $1,247,800K
= 17.94%

The net profit margin of Armstrong World Industries Inc. has shown slight fluctuations over the past eight quarters. The highest net profit margin was recorded in Q3 2023 at 17.54%, while the lowest was in Q1 2023 at 16.31%. Overall, the company has maintained a relatively stable net profit margin range between 16% and 17.5% during this period. This suggests that Armstrong World Industries Inc. has been able to effectively manage its expenses and generate profits from its operations. However, further analysis of the company's revenue growth and cost structure would be beneficial to provide a more comprehensive assessment of its financial performance.