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Armstrong World IndustriesAWI -1.31%71 Dividend Payout Ratio is 0.14 as of Jun. 2026, which is 26% below its 10-year median of 0.19. 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 865 Construction companies, Armstrong World Industries ranks better than 82.66% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Armstrong World Industries's Dividend Payout Ratio for the
months ended in Jun. 2026 was 0.14.
The historical rank and industry rank for Armstrong World Industries's Dividend Payout Ratio or its related term are showing as below:
AWI'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.19 Max: 0.22
Current: 0.18
During the past 13 years, the highest Dividend Payout Ratio of Armstrong World Industries was 0.22. The lowest was 0.05. And the median was 0.19.
AWI's Dividend Payout Ratio is ranked better than 82.66% of 865
companies
in the Construction industry
Industry Median: 0.38
vs AWI: 0.18
During the past 13 years, the highest Trailing Annual Dividend Yield of Armstrong World Industries was 1.53%. The lowest was 0.22%. And the median was 0.85%.
During the past 12 months, Armstrong World Industries's average Dividends Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Armstrong World Industries was 70.10% per year. The lowest was 8.80% per year. And the median was 10.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Armstrong World Industries (NYSE:AWI) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Armstrong World Industries Dividend Payout Ratio Related Terms
Armstrong World Industries Dividend Payout Ratio 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.
Armstrong World Industries Dividend Payout Ratio Chart
AWI vs FBIN, BLDR, AAON: Dividend Payout Ratio Comparison
For the Building Products & Equipment subindustry, Armstrong World Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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 Dividend Payout Ratio vs Construction Industry
For the Construction industry and Industrials sector, Armstrong World Industries's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Armstrong World Industries's Dividend Payout Ratio falls into.
Armstrong World Industries Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Armstrong World Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 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.
Armstrong World Industries (AWI) has a Dividend Payout Ratio of 0.14 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Armstrong World Industries and its competitors. This is 26% below median its historical median of 0.19. Over the past decade, Armstrong World Industries' Dividend Payout Ratio has ranged from 0.05 to 0.22. According to the industry distribution chart, Armstrong World Industries ranks #150 out of 865 companies in the Construction industry, placing it in the top 17.3%.
Is Armstrong World Industries' Dividend Payout Ratio too high?
Armstrong World Industries' current Dividend Payout Ratio of 0.14 is 26% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.22. The Construction industry median Dividend Payout Ratio is 0.38. Armstrong World Industries' value of 0.14 is 63.2% below this industry median. Based on the distribution chart, Armstrong World Industries ranks #150 out of 865 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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' Dividend Payout Ratio compare to FBIN and BLDR?
According to the Construction industry distribution chart, Armstrong World Industries ranks #150 out of 865 companies for Dividend Payout Ratio. This places Armstrong World Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.38. Armstrong World Industries' value of 0.14 is 63.2% below this benchmark. Historically, Armstrong World Industries' own Dividend Payout Ratio has ranged from 0.05 to 0.22 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.38, 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 Dividend Payout Ratio for a Construction company?
The median Dividend Payout Ratio among Construction companies is 0.38, based on 865 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armstrong World Industries's current Dividend Payout Ratio of 0.14 is 63.2% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Armstrong World Industries and its competitors. For the Construction industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong World Industries's current Dividend Payout Ratio is 0.14, which is 26% below median its own 10-year median of 0.19. 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 $183.09 — trading 5.4% above its estimated fair value. The current Dividend Payout Ratio is 0.14, which is 26% below median its 10-year median of 0.19 and 63.2% below the Construction industry median of 0.38. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Armstrong World Industries (AWI), the current Dividend Payout Ratio is 0.14 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 $183.09 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:
Dividend Payout Ratio: 0.14 (26% below median its 10-year median of 0.19)
GF Value™: $173.75 vs. price of $183.09 (5.4% above fair value)
Industry Position: 63.2% below the Construction median (#150 of 865)
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
Get the complete analysis for AWI
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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