Armstrong World Industries Gross Margin 2010-2024 | AWI
- Armstrong World Industries average gross margin for 2023 was 37.41%, a 2.02% increase from 2022.
- Armstrong World Industries average gross margin for 2022 was 36.67%, a 1.58% increase from 2021.
- Armstrong World Industries average gross margin for 2021 was 36.1%, a 1.18% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.