AWI (Armstrong World Industries) Cash Ratio: 0.28 (As of Jun. 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AWI Armstrong World Industries Inc AWI
71 GF Score
Price $183.19
GF Value $173.75
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Armstrong World Industries Cash Ratio?

Armstrong World Industries AWI -1.26% 71 Cash Ratio is 0.28 as of Jun. 2026, which is 42% below its 10-year median of 0.48. GuruFocus rates AWI with a GF Score™ of 71/100 and a GF Value™ of $173.75 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,759 Construction companies, Armstrong World Industries ranks worse than 57.13% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Armstrong World Industries's Cash Ratio for the quarter that ended in Jun. 2026 was 0.28.

Armstrong World Industries has a Cash Ratio of 0.28. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Armstrong World Industries's Cash Ratio or its related term are showing as below:

AWI' s Cash Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.48   Max: 1.05
Current: 0.28

During the past 13 years, Armstrong World Industries's highest Cash Ratio was 1.05. The lowest was 0.28. And the median was 0.48.

AWI's Cash Ratio is ranked worse than
57.13% of 1759 companies
in the Construction industry
Industry Median: 0.35 vs AWI: 0.28

Armstrong World Industries  (NYSE:AWI) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Armstrong World Industries Cash Ratio Related Terms


Armstrong World Industries Cash Ratio Historical Data

* Premium members only.

The historical data trend for Armstrong World Industries's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Armstrong World Industries Cash Ratio Chart

Armstrong World Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.58 0.36 0.32 0.42

Armstrong World Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.35 0.42 0.30 0.28

AWI vs FBIN, BLDR, AAON: Cash Ratio Comparison

For the Building Products & Equipment subindustry, Armstrong World Industries's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Armstrong World Industries Cash Ratio vs Construction Industry

For the Construction industry and Industrials sector, Armstrong World Industries's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Armstrong World Industries's Cash Ratio falls into.


AWI
71GF Score
Armstrong World Industries Inc AWI
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Armstrong World Industries Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Armstrong World Industries's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=112.7/267.4
=0.42

Armstrong World Industries's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.28 mean?
Armstrong World Industries (AWI) has a Cash Ratio of 0.28 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Armstrong World Industries and its competitors. This is 42% below median its historical median of 0.48. Over the past decade, Armstrong World Industries' Cash Ratio has ranged from 0.28 to 1.05. According to the industry distribution chart, Armstrong World Industries ranks #1005 out of 1759 companies in the Construction industry, placing it in the top 57.1%.
Is Armstrong World Industries' Cash Ratio too high?
Armstrong World Industries' current Cash Ratio of 0.28 is 42% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.05. The Construction industry median Cash Ratio is 0.35. Armstrong World Industries' value of 0.28 is 20% below this industry median. Based on the distribution chart, Armstrong World Industries ranks #1005 out of 1759 companies in the Construction industry, which is below the industry midpoint. Overall, Armstrong World Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Armstrong World Industries' Cash Ratio compare to FBIN and BLDR?
According to the Construction industry distribution chart, Armstrong World Industries ranks #1005 out of 1759 companies for Cash Ratio. This places Armstrong World Industries in the lower half of its industry. The industry median Cash Ratio is 0.35. Armstrong World Industries' value of 0.28 is 20% below this benchmark. Historically, Armstrong World Industries' own Cash Ratio has ranged from 0.28 to 1.05 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.35, Armstrong World Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Construction company?
The median Cash Ratio among Construction companies is 0.35, based on 1,759 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armstrong World Industries's current Cash Ratio of 0.28 is 20% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Armstrong World Industries and its competitors. For the Construction industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong World Industries's current Cash Ratio is 0.28, which is 42% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong World Industries stock overvalued right now?
Based on GuruFocus' analysis, Armstrong World Industries (AWI) is currently considered Fairly Valued. The stock's GF Value™ is $173.75, compared to a current price of $183.19 — trading 5.4% above its estimated fair value. The current Cash Ratio is 0.28, which is 42% below median its 10-year median of 0.48 and 20% below the Construction industry median of 0.35. Armstrong World Industries' overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Armstrong World Industries (AWI), the current Cash Ratio is 0.28 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Armstrong World Industries (AWI) Overvalued in 2026?

Based on GuruFocus' analysis, Armstrong World Industries stock appears to be overvalued. The current stock price of $183.19 is trading 5.4% above its estimated GF Value™ of $173.75. GuruFocus considers Armstrong World Industries to be Fairly Valued.

Key valuation signals for AWI:

  • Cash Ratio: 0.28 (42% below median its 10-year median of 0.48)
  • GF Value™: $173.75 vs. price of $183.19 (5.4% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 20% below the Construction median (#1005 of 1759)

No single metric tells the full story. See the AWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Armstrong World Industries Business Description

Other Exchanges AWII34:Brazil
Address 2500 Columbia Avenue, Lancaster, PA, USA, 17603
Armstrong World Industries Inc designs and manufactures exterior architectural applications, including ceilings, specialty walls, and exterior metal solutions, using materials such as mineral fiber, fiberglass, metal, felt, architectural resin and glass, wood, wood fiber, and glass-reinforced-gypsum. Its segments include Mineral Fiber, which produces suspended mineral fiber and fiberglass ceiling systems and includes results from the Worthington Armstrong Venture (WAVE) for ceiling suspension system (grid) products; Architectural Specialties, which designs, produces, and sources specialty ceilings, walls, and other architectural applications for commercial settings, with revenues mainly project driven; and Unallocated Corporate. The company operates in the United States and Canada.
71GF Score

Get the complete analysis for AWI

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$183.19
Price
$173.75
GF Value