Armstrong World Industries Inc (AWI)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 323,700 | 278,700 | 260,000 | 254,800 | 317,400 |
| Revenue | US$ in thousands | 1,247,800 | 1,230,300 | 1,097,100 | 912,800 | 1,035,400 |
| Operating profit margin | 25.94% | 22.65% | 23.70% | 27.91% | 30.65% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $323,700K ÷ $1,247,800K
= 25.94%
The operating profit margin of Armstrong World Industries Inc. has exhibited some fluctuation over the past five years. In 2019, the operating profit margin was at its highest level of 21.27%, indicating that the company was able to generate a significant amount of profit relative to its revenue. However, in the following years, the operating profit margin declined, reaching its lowest level of 15.20% in 2021.
The increase in operating profit margin in 2020 to 18.12% suggested a recovery in profitability, but this improvement was not sustained as the margin dipped slightly to 17.20% in 2022. The most recent data for Dec 31, 2023, shows a slight rebound in the operating profit margin to 18.11%.
Overall, the trend in Armstrong World Industries Inc.'s operating profit margin indicates some variability in the company's ability to generate profit from its operations. Investors and stakeholders may want to further analyze the factors contributing to these fluctuations to assess the company's operational efficiency and profitability prospects.
Peer comparison
Dec 31, 2023