Armstrong Income Quality vs Net Income Per Share Analysis

AWI Stock

USD 156.39 0.69 0.44%

Armstrong World financial indicator trend analysis is way more than just evaluating Armstrong World Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Armstrong World Indu is a good investment. Please check the relationship between Armstrong World Income Quality and its Net Income Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Income Quality vs Net Income Per Share

Income Quality vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Armstrong World Indu Income Quality account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Armstrong World's Income Quality and Net Income Per Share is 0.4. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Armstrong World Industries, assuming nothing else is changed. The correlation between historical values of Armstrong World's Income Quality and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Armstrong World Industries are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Income Quality i.e., Armstrong World's Income Quality and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Net Income Per Share

Most indicators from Armstrong World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Armstrong World Indu current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

As of now, Armstrong World's Enterprise Value Multiple is decreasing as compared to previous years. The Armstrong World's current Enterprise Value is estimated to increase to about 1.4 B, while Tax Provision is projected to decrease to under 42.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	405.6M	449.1M	497M	481.3M
Total Revenue	1.1B	1.2B	1.3B	1.8B

Gross Profit Total Revenue

Armstrong World fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.74	0.58	0.45	-0.34	0.86	0.84	0.7	0.88	0.12	0.56	0.66	-0.26	-0.78	0.5	0.69	0.83	-0.35	0.69	0.46	-0.39	0.78	-0.1	0.48	0.78	0.11
Short Long Term Debt Total	0.74		0.0	0.87	-0.61	0.86	0.97	0.34	0.94	0.26	0.26	0.19	0.06	-0.73	0.02	0.57	0.4	-0.33	0.57	-0.16	-0.77	0.33	-0.52	0.09	0.44	0.1
Total Stockholder Equity	0.58	0.0		-0.24	0.26	0.21	0.17	0.72	0.24	-0.27	0.34	0.7	-0.33	-0.43	0.75	0.43	0.71	-0.06	0.43	0.77	0.29	0.82	0.63	0.65	0.68	-0.05
Net Debt	0.45	0.87	-0.24		-0.49	0.6	0.82	0.11	0.74	0.16	-0.03	0.1	0.02	-0.52	-0.05	0.12	0.27	-0.2	0.12	-0.29	-0.69	0.15	-0.63	0.07	0.11	-0.01
Other Assets	-0.34	-0.61	0.26	-0.49		-0.47	-0.55	0.19	-0.45	-0.36	0.08	0.29	-0.05	0.14	0.48	-0.32	0.05	0.52	-0.32	0.43	0.79	0.17	0.39	0.16	0.0	0.22
Common Stock Shares Outstanding	0.86	0.86	0.21	0.6	-0.47		0.9	0.6	0.91	0.22	0.44	0.39	-0.14	-0.85	0.23	0.7	0.55	-0.41	0.7	0.21	-0.55	0.51	-0.44	0.15	0.66	0.05
Non Current Liabilities Total	0.84	0.97	0.17	0.82	-0.55	0.9		0.48	0.97	0.24	0.28	0.33	-0.04	-0.81	0.17	0.6	0.55	-0.3	0.6	0.02	-0.7	0.49	-0.43	0.2	0.54	0.0
Other Stockholder Equity	0.7	0.34	0.72	0.11	0.19	0.6	0.48		0.6	-0.11	0.62	0.81	-0.25	-0.87	0.84	0.61	0.7	-0.2	0.61	0.76	0.23	0.91	0.03	0.53	0.92	0.14
Total Liab	0.88	0.94	0.24	0.74	-0.45	0.91	0.97	0.6		0.29	0.49	0.44	-0.03	-0.87	0.31	0.69	0.59	-0.34	0.69	0.14	-0.57	0.59	-0.42	0.27	0.7	0.15
Other Current Liab	0.12	0.26	-0.27	0.16	-0.36	0.22	0.24	-0.11	0.29		0.31	-0.27	0.0	-0.05	-0.25	0.27	-0.17	-0.1	0.27	-0.25	-0.26	-0.16	-0.41	-0.26	0.19	0.09
Total Current Liabilities	0.56	0.26	0.34	-0.03	0.08	0.44	0.28	0.62	0.49	0.31		0.59	-0.03	-0.48	0.57	0.57	0.44	-0.32	0.57	0.49	0.18	0.58	-0.15	0.37	0.78	0.62
Property Plant And Equipment Net	0.66	0.19	0.7	0.1	0.29	0.39	0.33	0.81	0.44	-0.27	0.59		-0.48	-0.57	0.94	0.22	0.9	-0.23	0.22	0.88	0.34	0.94	0.08	0.82	0.69	0.2
Current Deferred Revenue	-0.26	0.06	-0.33	0.02	-0.05	-0.14	-0.04	-0.25	-0.03	0.0	-0.03	-0.48		0.09	-0.36	0.18	-0.49	0.22	0.18	-0.57	-0.25	-0.36	-0.04	-0.62	-0.18	0.12
Retained Earnings	-0.78	-0.73	-0.43	-0.52	0.14	-0.85	-0.81	-0.87	-0.87	-0.05	-0.48	-0.57	0.09		-0.55	-0.7	-0.6	0.21	-0.7	-0.4	0.21	-0.73	0.27	-0.3	-0.82	-0.09
Accounts Payable	0.5	0.02	0.75	-0.05	0.48	0.23	0.17	0.84	0.31	-0.25	0.57	0.94	-0.36	-0.55		0.22	0.77	-0.09	0.22	0.9	0.54	0.92	0.22	0.74	0.71	0.16
Cash	0.69	0.57	0.43	0.12	-0.32	0.7	0.6	0.61	0.69	0.27	0.57	0.22	0.18	-0.7	0.22		0.29	-0.27	1.0	0.16	-0.34	0.47	0.02	0.07	0.79	0.22
Non Current Assets Total	0.83	0.4	0.71	0.27	0.05	0.55	0.55	0.7	0.59	-0.17	0.44	0.9	-0.49	-0.6	0.77	0.29		-0.14	0.29	0.75	0.01	0.9	0.09	0.73	0.63	0.04
Non Currrent Assets Other	-0.35	-0.33	-0.06	-0.2	0.52	-0.41	-0.3	-0.2	-0.34	-0.1	-0.32	-0.23	0.22	0.21	-0.09	-0.27	-0.14		-0.27	-0.16	0.23	-0.21	0.2	-0.26	-0.32	0.15
Cash And Short Term Investments	0.69	0.57	0.43	0.12	-0.32	0.7	0.6	0.61	0.69	0.27	0.57	0.22	0.18	-0.7	0.22	1.0	0.29	-0.27		0.16	-0.34	0.47	0.02	0.07	0.79	0.22
Net Receivables	0.46	-0.16	0.77	-0.29	0.43	0.21	0.02	0.76	0.14	-0.25	0.49	0.88	-0.57	-0.4	0.9	0.16	0.75	-0.16	0.16		0.59	0.83	0.3	0.68	0.63	0.0
Common Stock Total Equity	-0.39	-0.77	0.29	-0.69	0.79	-0.55	-0.7	0.23	-0.57	-0.26	0.18	0.34	-0.25	0.21	0.54	-0.34	0.01	0.23	-0.34	0.59		0.2	0.36	0.27	0.07	0.12
Inventory	0.78	0.33	0.82	0.15	0.17	0.51	0.49	0.91	0.59	-0.16	0.58	0.94	-0.36	-0.73	0.92	0.47	0.9	-0.21	0.47	0.83	0.2		0.16	0.75	0.84	0.09
Other Current Assets	-0.1	-0.52	0.63	-0.63	0.39	-0.44	-0.43	0.03	-0.42	-0.41	-0.15	0.08	-0.04	0.27	0.22	0.02	0.09	0.2	0.02	0.3	0.36	0.16		0.24	0.02	-0.22
Property Plant And Equipment Gross	0.48	0.09	0.65	0.07	0.16	0.15	0.2	0.53	0.27	-0.26	0.37	0.82	-0.62	-0.3	0.74	0.07	0.73	-0.26	0.07	0.68	0.27	0.75	0.24		0.46	0.19
Total Current Assets	0.78	0.44	0.68	0.11	0.0	0.66	0.54	0.92	0.7	0.19	0.78	0.69	-0.18	-0.82	0.71	0.79	0.63	-0.32	0.79	0.63	0.07	0.84	0.02	0.46		0.26
Short Term Debt	0.11	0.1	-0.05	-0.01	0.22	0.05	0.0	0.14	0.15	0.09	0.62	0.2	0.12	-0.09	0.16	0.22	0.04	0.15	0.22	0.0	0.12	0.09	-0.22	0.19	0.26

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Armstrong World Account Relationship Matchups

Armstrong World fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.7B	1.7B	1.7B	1.7B	2.2B
Short Long Term Debt Total	646.1M	755.7M	671.6M	687M	640.4M	591.2M
Total Stockholder Equity	364.9M	450.9M	519.7M	535M	591.8M	501.5M
Net Debt	600.8M	618.8M	573.5M	581M	569.6M	378.3M
Other Assets	164.3M	261M	845.3M	142.6M	128.3M	121.9M
Common Stock Shares Outstanding	52.1M	49.5M	47.9M	46.4M	44.8M	51.7M
Liabilities And Stockholders Equity	1.5B	1.7B	1.7B	1.7B	1.7B	2.2B
Non Current Liabilities Total	973.2M	1.1B	980.7M	969.5M	886.1M	841.8M
Other Stockholder Equity	(267.8M)	(310.2M)	(382.7M)	(535.4M)	(650.7M)	(618.2M)
Total Liab	1.1B	1.3B	1.2B	1.2B	1.1B	1.0B
Other Current Liab	64.3M	48.4M	69.1M	67.5M	68.9M	58.5M
Total Current Liabilities	155.2M	172.3M	209.6M	182.7M	194.5M	309.7M
Property Plant And Equipment Net	524.6M	529.9M	542.8M	554.4M	618.2M	763.2M
Retained Earnings	1.0B	869.8M	1.0B	1.2B	1.3B	1.4B
Accounts Payable	79.4M	81.3M	105.8M	105M	91M	86.5M
Cash	45.3M	136.9M	98.1M	106M	70.8M	67.3M
Non Current Assets Total	1.2B	1.4B	1.4B	1.3B	1.4B	1.7B
Non Currrent Assets Other	190.5M	876.8M	845.3M	400K	127.6M	121.2M
Cash And Short Term Investments	45.3M	136.9M	98.1M	106M	70.8M	67.3M
Net Receivables	115.1M	80.6M	110.5M	114.2M	111.8M	195.8M
Inventory	68.5M	81.5M	90.2M	110M	104M	98.8M
Other Current Assets	1.4M	12.8M	23.1M	26.3M	26.4M	14.3M
Property Plant And Equipment Gross	559.9M	569.5M	542.8M	554.4M	1.2B	781.1M
Total Current Assets	244.4M	311.8M	321.9M	356.5M	313M	297.4M
Accumulated Other Comprehensive Income	(376.1M)	(109.3M)	(109.6M)	(100.1M)	(104.7M)	(109.9M)
Short Term Debt	11.5M	38.6M	32.8M	8.1M	32.3M	32.3M
Good Will	53M	160.7M	167M	167.3M	175.5M	193.0M
Intangible Assets	411.9M	457.9M	421.4M	407.7M	412.4M	411.5M
Other Liab	323M	1.1B	980.7M	290.6M	261.5M	248.5M
Long Term Debt	604.5M	690.5M	606.4M	651.1M	564.3M	740.1M
Treasury Stock	(692.2M)	(823.5M)	(863.9M)	(944M)	(849.6M)	(807.1M)
Property Plant Equipment	559.9M	529.9M	542.8M	554.4M	499.0M	659.1M
Net Tangible Assets	(100M)	(167.3M)	(68.7M)	(40M)	(36M)	(34.2M)
Long Term Debt Total	604.5M	690.5M	606.4M	651.1M	586.0M	654.8M

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When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:

How To Invest In Armstrong

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Is Armstrong Stock a good investment?

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What is Armstrong World's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Armstrong World. If investors know Armstrong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Armstrong World listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.122

Dividend Share

1.148

Earnings Share

5.67

Revenue Per Share

31.742

Quarterly Revenue Growth

0.113

The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Armstrong Income Quality vs Net Income Per Share Analysis

Income Quality vs Net Income Per Share

Income Quality vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Income Quality

Net Income Per Share

Armstrong World fundamental ratios Correlations

Armstrong World Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Armstrong World fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Non Current Liabilities Total
Total Liab	+ 0.94	Short Long Term Debt Total
Accounts Payable	+ 0.94	Property Plant And Equipment Net
Inventory	+ 0.94	Property Plant And Equipment Net

Retained Earnings	- 0.87	Total Liab
Retained Earnings	- 0.87	Other Stockholder Equity
Retained Earnings	- 0.85	Common Stock Shares Outstanding
Total Current Assets	- 0.82	Retained Earnings
Retained Earnings	- 0.81	Non Current Liabilities Total
Retained Earnings	- 0.78	Total Assets