Armstrong World Industries Inc (AWI)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 245,800 | 253,100 | 236,400 | 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 |
| Total stockholders’ equity | US$ in thousands | 757,100 | 717,000 | 626,800 | 591,800 | 585,500 | 566,700 | 544,800 | 535,000 | 521,200 | 527,800 | 537,600 | 519,700 | 522,200 | 498,300 | 473,600 | 450,900 | 442,600 | 402,900 | 370,400 | 364,900 |
| ROE | 32.47% | 35.30% | 37.72% | 37.82% | 38.57% | 37.73% | 37.78% | 37.93% | 37.61% | 35.87% | 35.75% | 35.25% | 31.42% | 33.57% | 34.31% | -21.98% | -16.76% | -13.65% | -13.71% | 58.78% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $245,800K ÷ $757,100K
= 32.47%
Armstrong World Industries Inc's Return on Equity (ROE) has experienced fluctuations over the past few years. Starting at a high of 58.78% on December 31, 2019, the ROE declined sharply to negative figures in the following quarters, indicating a period of financial difficulty. However, the company managed to turn around its performance, with ROE gradually increasing to around 35% by the end of 2023.
The upward trend in ROE suggests that Armstrong World Industries Inc has been successful in generating more profits from shareholders' equity, reflecting improved financial performance and efficiency in utilizing shareholder investments. The company's ability to maintain a relatively stable ROE above 30% in the recent quarters indicates a solid financial position and effective management of resources.
Overall, the positive trend in Armstrong World Industries Inc's ROE indicates that the company has been successful in generating growth in shareholder value and profitability, positioning itself well for future financial success.
Peer comparison
Dec 31, 2024