• Armstrong World Industries average return on equity for 2023 was 39.45, a 6.39% decline from 2022.
• Armstrong World Industries average return on equity for 2022 was 37.08, a 4.1% increase from 2021.
• Armstrong World Industries average return on equity for 2021 was 35.62, a 298% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.