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Armstrong World IndustriesAWI -1.58%71 Earnings Yield (Joel Greenblatt) % is 6.04% as of Jun. 2026, which is 4% above its 10-year median of 5.81. 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 1,804 Construction companies, Armstrong World Industries ranks worse than 55.49% on this metric.
Armstrong World Industries's Enterprise Value for the quarter that ended in Jun. 2026 was $7,291 Mil.
Armstrong World Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $441 Mil. Armstrong World Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.04%.
The historical rank and industry rank for Armstrong World Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AWI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.45 Med: 5.81 Max: 9.18
Current: 5.36
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Armstrong World Industries was 9.18%. The lowest was -2.45%. And the median was 5.81%.
AWI's Earnings Yield (Joel Greenblatt) % is ranked worse than 55.49% of 1804
companies
in the Construction industry
Industry Median: 6.39
vs AWI: 5.36
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Armstrong World Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 16.17%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Armstrong World Industries (NYSE:AWI) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Armstrong World Industries Earnings Yield (Joel Greenblatt) % Related Terms
Armstrong World Industries Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Armstrong World Industries's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart
For the Building Products & Equipment subindustry, Armstrong World Industries's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Armstrong World Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Armstrong World Industries's Earnings Yield (Joel Greenblatt) % falls into.
Armstrong World Industries Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Armstrong World Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Armstrong World Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $441 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.04% mean?
Armstrong World Industries (AWI) has a Earnings Yield (Joel Greenblatt) % of 6.04% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Armstrong World Industries and its competitors. This is near median its historical median of 5.81. According to the industry distribution chart, Armstrong World Industries ranks #1001 out of 1804 companies in the Construction industry, placing it in the top 55.5%.
Is Armstrong World Industries' Earnings Yield (Joel Greenblatt) % too high?
Armstrong World Industries' current Earnings Yield (Joel Greenblatt) % of 6.04% is near median its 10-year median of 5.81. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.39. Armstrong World Industries' value of 6.04% is 5.5% below this industry median. Based on the distribution chart, Armstrong World Industries ranks #1001 out of 1804 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' Earnings Yield (Joel Greenblatt) % compare to FBIN and BLDR?
According to the Construction industry distribution chart, Armstrong World Industries ranks #1001 out of 1804 companies for Earnings Yield (Joel Greenblatt) %. This places Armstrong World Industries in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.39. Armstrong World Industries' value of 6.04% is 5.5% below this benchmark. While the company's 10-year median is 5.81 vs. the industry median of 6.39, 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 Earnings Yield (Joel Greenblatt) % for a Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.39, based on 1,804 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armstrong World Industries's current Earnings Yield (Joel Greenblatt) % of 6.04% is 5.5% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Armstrong World Industries and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong World Industries's current Earnings Yield (Joel Greenblatt) % is 6.04%, which is near median its own 10-year median of 5.81. 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 $182.58 — trading 5.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.04%, which is near median its 10-year median of 5.81 and 5.5% below the Construction industry median of 6.39. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Armstrong World Industries (AWI), the current Earnings Yield (Joel Greenblatt) % is 6.04% 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 $182.58 is trading 5.1% above its estimated GF Value™ of $173.75.
GuruFocus considers Armstrong World Industries to be Fairly Valued.
Key valuation signals for AWI:
Earnings Yield (Joel Greenblatt) %: 6.04% (near median its 10-year median of 5.81)
GF Value™: $173.75 vs. price of $182.58 (5.1% above fair value)
Industry Position: 5.5% below the Construction median (#1001 of 1804)
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 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
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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