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Newell Brands vs Armstrong World Industries: NWL and AWI compared
Newell Brands is the larger company: $1.9B of revenue in its latest quarter (Q3 2026) against $476M for Armstrong World Industries (Q3 2026). Armstrong World Industries is growing faster (+12% against +4% a year earlier). Armstrong World Industries is more profitable, with an operating margin of 27.6% against 1.4%.
Where the money goes: NWL and AWI
Newell Brands (NWL) · Q3 2026
Newell Brands, Q3 2026: revenue $1.9B (+4% year over year), operating margin 1.4%, net loss $81.0M, operating cash flow $297M. The chart follows the revenue to costs, profit and cash.
Armstrong World Industries (AWI) · Q3 2026
Armstrong World Industries, Q3 2026: revenue $476M (+12% year over year), operating margin 27.6%, net earnings $91.9M, operating cash flow $96.2M. The chart follows the revenue to costs, profit and cash.
| Newell Brands (NWL) | Armstrong World Industries (AWI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.9B | $476M |
| Revenue growth, Y/Y | +4% | +12% |
| Gross margin | — | 40.1% |
| Operating margin | 1.4% | 27.6% |
| Net earnings | −$81.0M | $91.9M |
| Net margin | -4.3% | 19.3% |
| Operating cash flow | $297M | $96.2M |
| Free cash flow | $250M | $71.5M |
| Market value | $2.3B | $7.2B |
| P/E | — | 22.9× |
| Analysts’ mean target | $6.41 | $200.18 |
Where the revenue comes from
Newell Brands
- Home and Commercial Solutions: $1.0B (54%)
- Learning and Development: $692M (37%)
- Outdoor and Recreation: $169M (9%)
Armstrong World Industries
- Mineral Fiber: $292M (61%)
- Architectural Specialties: $184M (39%)
Questions
Which is bigger, Newell Brands or Armstrong World Industries?
Newell Brands is the larger company: $1.9B of revenue in its latest quarter (Q3 2026) against $476M for Armstrong World Industries (Q3 2026).
Is Newell Brands or Armstrong World Industries growing faster?
Armstrong World Industries is growing faster (+12% against +4% a year earlier).
Which is more profitable, Newell Brands or Armstrong World Industries?
Armstrong World Industries is more profitable, with an operating margin of 27.6% against 1.4%.
More: Newell Brands earnings · how Newell Brands makes money · Armstrong World Industries earnings · how Armstrong World Industries makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Oct 27, 2026). Fiscal quarters can end on different dates. Not investment advice.