AWI
Armstrong World Industries, Inc. Industrials - Building Products & Equipment Investor Relations →
Armstrong World Industries, Inc. (AWI) closed at $198.25 as of 2026-02-02, trading 71.9% above its 200-week moving average of $115.31. The stock moved further from the line this week, up from 60.1% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Over the past 959 weeks of data, AWI has crossed below its 200-week moving average 7 times. On average, these episodes lasted 42 weeks. Historically, investors who bought AWI at the start of these episodes saw an average one-year return of +17.8%.
With a market cap of $8.6 billion, AWI is a mid-cap stock. The company generates a free cash flow yield of 2.8%. Return on equity stands at 38.0%, indicating strong profitability. The stock trades at 9.6x book value.
The company has been aggressively buying back shares, reducing its share count by 7.9% over the past three years.
Over the past 18.5 years, a hypothetical investment of $100 in AWI would have grown to $952, compared to $638 for the S&P 500. That represents an annualized return of 13.0% vs 10.5% for the index — confirming AWI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 19.7% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: AWI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AWI Crosses Below the Line?
Across 7 historical episodes, buying AWI when it crossed below its 200-week moving average produced an average return of +24.4% after 12 months (median -6.0%), compared to +16.4% for the S&P 500 over the same periods. 43% of those episodes were profitable after one year. After 24 months, the average return was +43.0% vs +21.7% for the index.
Each line shows $100 invested at the moment AWI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
AWI has crossed below its 200-week MA 7 times with an average 1-year return of +17.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2007 | Sep 2009 | 102 | 69.6% | -10.4% | +852.5% |
| Jun 2010 | Jul 2010 | 4 | 9.9% | +84.9% | +941.6% |
| Sep 2015 | Sep 2017 | 104 | 28.3% | -18.2% | +320.2% |
| Sep 2020 | Sep 2020 | 1 | 2.6% | +53.6% | +217.1% |
| Oct 2020 | Nov 2020 | 4 | 12.5% | +46.0% | +207.3% |
| Apr 2022 | Jul 2022 | 13 | 12.8% | -17.9% | +143.5% |
| Aug 2022 | Nov 2023 | 64 | 25.5% | -13.6% | +137.3% |
| Average | 42 | — | +17.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02