Armstrong World Industries Inc (AWI)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 347,100 | 298,300 | 260,600 | 240,600 | -141,700 |
| Revenue | US$ in thousands | 1,442,900 | 1,247,800 | 1,230,300 | 1,097,100 | 912,800 |
| Pretax margin | 24.06% | 23.91% | 21.18% | 21.93% | -15.52% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $347,100K ÷ $1,442,900K
= 24.06%
Armstrong World Industries Inc has demonstrated significant improvement in its pretax margin over the past five years, with a notable transition from negative margins in 2020 to positive margins in the subsequent years. The company's pretax margin increased from -15.52% in December 2020 to 24.06% in December 2024. This upward trend indicates enhanced operational efficiency and effective cost management strategies implemented by the company's management. The consistent growth in pretax margin suggests that Armstrong World Industries Inc has been able to effectively control its operating expenses and optimize its revenue generation, resulting in improved profitability levels over the years. Overall, the company's pretax margin performance reflects a positive trajectory and signals a stronger financial position for the organization.
Peer comparison
Dec 31, 2024