Filing Flows › Armstrong World Industries (AWI) › Q1 2025
Armstrong World Industries (AWI) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Armstrong World Industries (AWI) reported revenue of $383M for the first quarter 2025 (Q1 2025), +17% from a year earlier and +4% from the quarter before. Operating margin was 25.7%, net earnings $69.1M (18.1% of revenue).
Armstrong World Industries, Q1 2025: revenue $383M (+17% year over year), operating margin 25.7%, net earnings $69.1M, operating cash flow $41.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $383M | +4% | +17% |
| Gross profit | $150M | +4% | +21% |
| Operating profit | $98.5M | +20% | +14% |
| Net earnings | $69.1M | +11% | +15% |
| Operating cash flow | $41.0M | -53% | +55% |
| Free cash flow | $21.9M | -62% | +87% |
What changed
Revenue was $382.7M in Q1 2025, up 17% year over year and up 4% from the previous quarter. Mineral Fiber was the largest line at 64% of revenue. Architectural Specialties added $50.9M year over year (up 59%), 90% of the total change.
Gross margin was 39.2%, up 1.1 points from a year earlier. Operating profit was $98.5M, a 25.7% margin (down 0.6 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, below the 26% margin then. Operating expenses grew 35% against revenue growth of 17%. Net earnings were $69.1M, up 15% year over year. The effective tax rate was 23.8%.
Operating cash flow was $41.0M (up 55% year over year), 59% of net earnings. Non-cash charges added back $29.3M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items used $61.9M. Capital expenditures of $19.1M left free cash flow of $21.9M.
Questions
What was Armstrong World Industries' revenue in the first quarter 2025?
Armstrong World Industries (AWI) reported revenue of $383M for the first quarter 2025 (Q1 2025), +17% from a year earlier and +4% from the quarter before.
Was Armstrong World Industries profitable in the first quarter 2025?
Operating profit was $98.5M (25.7% of revenue) and net earnings $69.1M.