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.