• Armstrong World Industries average return on assets for 2023 was 12.77, a 12.31% increase from 2022.
• Armstrong World Industries average return on assets for 2022 was 11.37, a 13.93% increase from 2021.
• Armstrong World Industries average return on assets for 2021 was 9.98, a 328.38% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.