AWI
Armstrong World Industries, Inc. Industrials - Building Products & Equipment Investor Relations →
Armstrong World Industries, Inc. (AWI) closed at $163.86 as of 2026-03-20, trading 38.9% above its 200-week moving average of $117.95. The stock is currently moving closer to the line, down from 42.4% last week. The 14-week RSI sits at 37, indicating neutral momentum.
Over the past 14 weeks, down-weeks have had more trading volume than up-weeks (0.59 buyers-vs-sellers ratio). That means when people are active, they're more often selling than buying. Sellers are still more in control than buyers.
Over the past 965 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 $7.1 billion, AWI is a mid-cap stock. The company generates a free cash flow yield of 3.2%. Return on equity stands at 37.2%, indicating strong profitability. The stock trades at 7.8x book value.
The company has been aggressively buying back shares, reducing its share count by 5.8% over the past three years.
Over the past 18.6 years, a hypothetical investment of $100 in AWI would have grown to $789, compared to $601 for the S&P 500. That represents an annualized return of 11.8% vs 10.1% for the index — confirming AWI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 31.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | +688.8% |
| Jun 2010 | Jul 2010 | 4 | 9.9% | +84.9% | +762.6% |
| Sep 2015 | Sep 2017 | 104 | 28.3% | -18.2% | +248.0% |
| Sep 2020 | Sep 2020 | 1 | 2.6% | +53.6% | +162.6% |
| Oct 2020 | Nov 2020 | 4 | 12.5% | +46.0% | +154.5% |
| Apr 2022 | Jul 2022 | 13 | 12.8% | -17.9% | +101.7% |
| Aug 2022 | Nov 2023 | 64 | 25.5% | -13.6% | +96.6% |
| Average | 42 | — | +17.8% | — |
Frequently Asked Questions
Is AWI below its 200-week moving average?
No. Armstrong World Industries, Inc. (AWI) is currently 38.9% above its 200-week moving average of $117.95. It would need to fall to $117.95 to cross below the line.
What is AWI's 200-week moving average price?
Armstrong World Industries, Inc.'s 200-week moving average is $117.95 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when AWI drops below its 200-week moving average?
AWI has crossed below its 200-week moving average 7 times in our data. On average, buying at that moment produced a one-year return of +17.8%. These dips have historically been decent entry points. These episodes lasted 42 weeks on average.
Is AWI a good value right now?
Here's what our data says about AWI as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 37. Free cash flow yield is 3.2%. Return on equity is 37.2%. Price-to-book is 7.8x. This is not a buy or sell recommendation — always do your own research.
How does AWI compare to the S&P 500?
Over the past 18.6 years, $100 invested in AWI would have grown to $789, compared to $601 for the S&P 500. That's 11.8% annualized vs 10.1% for the index. AWI has outperformed the broader market over this period.
Does AWI pay a dividend?
Yes. Armstrong World Industries, Inc. currently pays a dividend yield of 79.00%.
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 week of 2026-03-20