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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Armstrong World Industries's
Operating Income
for the
three
months ended in Jun. 2026 was €88 Mil. Armstrong World Industries's Interest Expense for the
three
months ended in Jun. 2026 was €-7 Mil.
Armstrong World Industries's interest coverage for the quarter that ended in Jun. 2026 was 12.99.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Armstrong World Industries's Interest Coverage or its related term are showing as below:
FRA:91A'
s Interest Coverage Range Over the Past 10 Years
Min: 2.48 Med: 6.75 Max: 10.44
Current: 10.44
FRA:91A's Interest Coverage is ranked better than 56.37% of 1366
companies
in the Construction industry
Industry Median: 7.94
vs FRA:91A: 10.44
Armstrong World Industries (FRA:91A) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Armstrong World Industries Interest Coverage Related Terms
Armstrong World Industries Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Armstrong World Industries Interest Coverage Chart
FRA:91A vs FBIN, BLDR, AAON: Interest Coverage Comparison
For the Building Products & Equipment subindustry, Armstrong World Industries's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Armstrong World Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Armstrong World Industries's Interest Coverage falls into.
Armstrong World Industries Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (FRA:91A) has a Interest Coverage of 12.99 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Armstrong World Industries and its competitors. This is 92% above median its historical median of 6.75. Over the past decade, Armstrong World Industries' Interest Coverage has ranged from 2.48 to 10.44. According to the industry distribution chart, Armstrong World Industries ranks #596 out of 1366 companies in the Construction industry, placing it in the top 43.6%.
Is Armstrong World Industries' Interest Coverage too high?
Armstrong World Industries' current Interest Coverage of 12.99 is 92% above median its 10-year median of 6.75. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 10.44. The Construction industry median Interest Coverage is 7.94. Armstrong World Industries' value of 12.99 is 63.6% above this industry median. Based on the distribution chart, Armstrong World Industries ranks #596 out of 1366 companies in the Construction industry, which is above the industry midpoint. Overall, Armstrong World Industries has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong World Industries' Interest Coverage compare to FBIN and BLDR?
According to the Construction industry distribution chart, Armstrong World Industries ranks #596 out of 1366 companies for Interest Coverage. This puts Armstrong World Industries in the upper half of its industry. The industry median Interest Coverage is 7.94. Armstrong World Industries' value of 12.99 is 63.6% above this benchmark. Historically, Armstrong World Industries' own Interest Coverage has ranged from 2.48 to 10.44 over the past decade. While the company's 10-year median is 6.75 vs. the industry median of 7.94, Armstrong World Industries has consistently been above 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 Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,366 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armstrong World Industries's current Interest Coverage of 12.99 is 63.6% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Armstrong World Industries and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong World Industries's current Interest Coverage is 12.99, which is 92% above median its own 10-year median of 6.75. 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?
Armstrong World Industries (FRA:91A) has a current Interest Coverage of 12.99. The stock's GF Value™ is €148.83, compared to a current price of €159.00 — trading 6.8% above its estimated fair value. The current Interest Coverage is 12.99, which is 92% above median its 10-year median of 6.75 and 63.6% above the Construction industry median of 7.94. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Armstrong World Industries (FRA:91A), the current Interest Coverage is 12.99 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 (FRA:91A) Overvalued in 2026?
Based on GuruFocus' analysis, Armstrong World Industries stock appears to be overvalued.
The current stock price of €159.00 is trading 6.8% above its estimated GF Value™ of €148.83.
Key valuation signals for FRA:91A:
Interest Coverage: 12.99 (92% above median its 10-year median of 6.75)
GF Value™: €148.83 vs. price of €159.00 (6.8% above fair value)
Industry Position: 63.6% above the Construction median (#596 of 1366)
No single metric tells the full story. See the FRA:91A 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
Get the complete analysis for FRA:91A
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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