ARMSTRONG WORLD INDUSTRIES INC
Close on Oct 19, 2026
- Market cap
- $7.15B
- P/E (TTM)
- 22.9
- Dividend yield
- 0.75%
About Armstrong World Industries
Plastics Products, NEC, SIC 3089
Armstrong World Industries, Inc. designs and manufactures architectural interior and exterior building solutions, focusing primarily on suspended ceilings, specialty walls, and exterior metal systems. Operating through its Mineral Fiber and Architectural Specialties segments, the enterprise creates standard, premium, and customized products utilizing materials such as mineral fiber, fiberglass, wood, resin, glass, and metal. It also produces ceiling suspension grids and perimeter components via its Worthington Armstrong Venture partnership. The business provides solutions with performance features including sound control, fire protection, and thermal efficiency. Customers primarily consist of commercial building materials distributors, ceiling contractors, retailers, home centers, and architectural specifiers across commercial and residential sectors.
The enterprise operates primarily across the Americas, serving markets located in the United States, Canada, and Latin America. As of late 2025, the company employs approximately 3,800 workers across its operations and corporate functions. Corporate headquarters are situated in Lancaster, Pennsylvania.
Summary of the business section of Armstrong World Industries's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ARMSTRONG WORLD INDUSTRIES INC
- Founded
- 1891
- Headquarters
- Lancaster, PA
- Address
- 2500 Columbia Ave 17603
- Phone
- (717) 397-0611
- Website
- armstrong.com
- Employees
- 2,500, Dec 31, 2019
- Industry
- Plastics Products, NEC
- Incorporated in
- Pennsylvania
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Philadelphia, PA
Stock & identifiers
- Ticker
- AWI
- Exchange
- NYSE
- Shares outstanding
- 42M, Jul 23, 2026
- Public float
- $7.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 7431
- CUSIP
- 04247X102
- ISIN
- US04247X1028
- LEI
- KXMRXXOJ88Q45Y45MG74
- EIN
- 23-0366390
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Victor Grizzle | Executive Chair, Director | 505,822 |
| Jennifer Ott Kozak | SVP, CHRO | – |
| James T. Burge | Vice President & Controller | 4,073 |
| Mark A. Hershey | President & CEO | 64,777 |
| Jill A. Crager | SVP Sales & Digital Mktg | 8,439 |
| Christopher P. Calzaretta | SVP & CFO | 15,171 |
| Michael Carl Winters | SVP, Arch Spec & Bus Dev | 2,748 |
| Jessica Marie Cicali | SVP, GC & CCO, Secretary | – |
| Austin So | SVP, GC, Gov't. Rel., & CSO | 10,129 |
| Richard D. Holder | Director | 6,223 |
| Wayne Shurts | Director | 9,755 |
| Roy W. Templin | Director | 20,716 |
| Kathleen Pitre | Director | 1,703 |
| Kevin Holleran | Director | 1,311 |
| Barbara Loughran | Director | 9,744 |
| William H. Osborne | Director | 4,817 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Grizzle | $8.54M | $30.34M | $1.72M | $269 | $135 |
| FY2024 Mr. Grizzle | $9.15M | $30.77M | $1.57M | $198 | $146 |
| FY2023 Mr. Grizzle | $13.54M | $19.47M | $1.45M | $137 | $135 |
| FY2022 Mr. Grizzle | $6.27M | -$9.19M | $1.52M | $94 | $95 |
| FY2021 Mr. Grizzle | $6.83M | $19.75M | $1.50M | $157 | $139 |
| FY2020 Mr. Grizzle | $5.07M | -$7.73M | $1.21M | $80 | $122 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2019, we had approximately 2,500 full time and part time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 4, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 30, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 7, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 4, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 3, 2009 | Tender offer | Third-party tender offer for the company's shares |
| Oct 10, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 18, 2006 | Bankruptcy | Bankruptcy or receivership (8-K Item 1.03) |
| Nov 10, 1998 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 2, 1996 | Listing | Registration of securities on an exchange (Form 8-A) |