Armstrong World Industries, Inc. (AWI)

AWI Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	308.7	264.9	223.8	202.9	183.2
Depreciation & Amortization	120.4	103.2	89.2	83.7	96.5
Other Amortization	0.2	-	-	0.6	-
Loss (Gain) From Sale of Assets	-0.8	0.6	-	-	-
Loss (Gain) on Equity Investments	-112.3	-103.4	-89.3	-77.6	-87.7
Stock-Based Compensation	21.9	18.3	18.8	14.3	11.3
Other Operating Activities	26.3	1.7	-6.2	7.8	5.6
Change in Accounts Receivable	-7.5	-24.6	-1.6	-12.4	-30.9
Change in Inventory	-12.8	1.9	6.1	-19.7	-10.6
Change in Accounts Payable	28.4	27.3	8	-1.8	38.6
Change in Income Taxes	-1.8	-5.4	3.2	-6.9	-2
Change in Other Net Operating Assets	-15.2	-17.7	-18.5	-8.5	-17.2
Operating Cash Flow	355.5	266.8	233.5	182.4	187.2
Operating Cash Flow Growth	33.25%	14.26%	28.02%	-2.56%	-14.44%
Capital Expenditures	-109.4	-82.8	-83.8	-74.8	-79.8
Sale of Property, Plant & Equipment	1	24.3	-	-	0.1
Cash Acquisitions	-13.9	-123.5	-26.5	-2.8	-0.7
Investment in Securities	113	92.3	96.9	104.5	78.3
Other Investing Activities	5.7	10.4	3	1.3	-11.8
Investing Cash Flow	-3.6	-79.3	-10.4	28.2	-13.9
Long-Term Debt Issued	420.6	138	55	805	95
Total Debt Issued	420.6	138	55	805	95
Long-Term Debt Repaid	-543.3	-203.8	-122.7	-785.9	-182.1
Total Debt Repaid	-543.3	-203.8	-122.7	-785.9	-182.1
Net Debt Issued (Repaid)	-122.7	-65.8	-67.7	19.1	-87.1
Repurchase of Common Stock	-137.6	-61.2	-133.8	-167	-80
Common Dividends Paid	-55.2	-50.6	-46.9	-44.2	-41.4
Other Financing Activities	-3.8	-	-10.2	-9.8	-3.6
Financing Cash Flow	-319.3	-177.6	-258.6	-201.9	-212.1
Foreign Exchange Rate Adjustments	0.8	-1.4	0.3	-0.8	-
Net Cash Flow	33.4	8.5	-35.2	7.9	-38.8
Free Cash Flow	246.1	184	149.7	107.6	107.4
Free Cash Flow Growth	33.75%	22.91%	39.13%	0.19%	-34.27%
Free Cash Flow Margin	15.18%	12.73%	11.56%	8.73%	9.71%
Free Cash Flow Per Share	5.64	4.18	3.34	2.32	2.24
Cash Interest Paid	29.7	37.4	33.9	26.9	21.5
Cash Income Tax Paid	69.3	87.6	72.1	63.2	52.5
Levered Free Cash Flow	228.29	216.26	152.28	122.58	118.11
Unlevered Free Cash Flow	248.91	241.14	174.34	139.51	132.43
Change in Working Capital	-8.9	-18.5	-2.8	-49.3	-22.1

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q