Analyst Ratings

Date	Action	Analyst	Rating	Target
Apr-29-26	Reiterated	UBS	Neutral	$200 → $195
Apr-29-26	Upgrade	Evercore ISI Group	In Line → Outperform
Apr-28-26	Reiterated	Evercore ISI		$140 → $200
Oct-29-25	Reiterated	UBS	Neutral	$82 → $200
Oct-20-25	Initiated	Vertical Research	Buy	$238
Jul-30-25	Reiterated	Truist Financial		$175 → $195
Jul-30-25	Reiterated	Loop Capital Markets		$158 → $190
Oct-30-24	Reiterated	Evercore ISI		$80 → $140
Oct-30-24	Reiterated	Bank of America Securities		$159 → $161
Oct-30-24	Reiterated	Truist Financial		$148 → $162

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	1,648	1,621	1,446	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	985	962	864
Gross Profit	665	659	582
Selling, General and Administrative Excl. Other	349	340	302
Research and Development	0	0	0
Other Operating Expense	-139	-112	7
Operating Income	452	431	273
Interest Expense	32	33	45
Unusual Expense	—	—	—
Non-Operating Income (Expense)	25	-2	-119
Net Income Before Taxes	398	400	347
Income Taxes	92	92	82
Consolidated Net Income	307	309	265
Net Income From Continuing Operations	307	309	265
Net Income	307	309	265
EPS (Recurring)	7.05	7.08	6.06
EPS (Basic, Before Extraordinaries)	7.05	7.08	6.06
EPS (Diluted)	7.05	7.08	6.02
EBITDA	609	554	496
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	22.39	26.99	—
Price To Sales Ratio	4.12	5.19	—
Gross Margin	40.35	40.65	40.25
Operating Margin	27.43	26.59	18.88
Net Margin	18.63	19.06	18.33
Shares Outstanding	43	44	44
Market Capitalization	6,789	8,408	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Grizzle Victor	Executive Chair	Apr 28 '26	Option Exercise	84.92	145,646	12,368,258	537,493	Apr 29 12:00 AM
Winters Michael Carl	SVP, Arch Spec & Bus Dev	Apr 08 '26	Option Exercise	0.00	7,484	0	4,377	Apr 10 12:00 AM
Hershey Mark A	President & CEO	Apr 08 '26	Option Exercise	0.00	26,846	0	70,616	Apr 10 12:00 AM
Grizzle Victor	Executive Chair	Apr 08 '26	Option Exercise	0.00	195,670	0	507,220	Apr 10 12:00 AM
Crager Jill A.	SVP Sales & Digital Mktg	Apr 08 '26	Option Exercise	0.00	8,222	0	8,439	Apr 10 12:00 AM
Calzaretta Christopher P.	SVP & CFO	Apr 08 '26	Option Exercise	0.00	18,298	0	15,171	Apr 10 12:00 AM
Burge James T.	Vice President & Controller	Apr 08 '26	Option Exercise	0.00	4,030	0	4,073	Apr 10 12:00 AM
Grizzle Victor	CEO	Feb 27 '26	Option Exercise	86.75	51,488	4,466,584	419,722	Mar 02 12:00 AM
Hershey Mark A	SVP & Chief Operating Officer	Feb 27 '26	Option Exercise	86.75	7,064	612,802	58,509	Mar 02 12:00 AM
Calzaretta Christopher P.	SVP & CFO	Feb 27 '26	Option Exercise	86.75	4,816	417,788	7,099	Mar 02 12:00 AM
Crager Jill A.	SVP Sales & Digital Mktg	Feb 27 '26	Option Exercise	86.75	2,164	187,727	4,833	Mar 02 12:00 AM
So Austin	SVP, GC, Gov't. Rel., & CSO	Feb 27 '26	Option Exercise	86.75	5,190	450,233	10,129	Mar 02 12:00 AM
Burge James T.	Vice President & Controller	Feb 27 '26	Option Exercise	86.75	1,278	110,867	2,274	Mar 02 12:00 AM
TEMPLIN ROY W	Director	Feb 27 '26	Buy	173.91	575	99,998	19,451	Mar 02 12:00 AM
Osborne William H	Director	Aug 08 '25	Sale	188.78	100	18,878	4,241	Aug 11 12:00 AM


Market Cap	6.57B	Forward P/E	16.83	EPS next Y	9.38	Insider Trans	1.12%	Shs Float	-	Perf Month	3.30%


Enterprise Value	7.06B	PEG	1.75	EPS next Q	2.26	Inst Own	-	Short Float	-	Perf Quarter	-4.54%


Income	305.40M	P/S	3.99	EPS this Y	17.84%	Inst Trans	-	Short Ratio	-	Perf Half Y	-14.50%


Sales	1.65B	P/B	7.38	EPS next Y	12.89%	ROA	15.43%	Short Interest	-	Perf YTD	-17.38%


Book/sh	20.92	P/C	19.00	EPS next 5Y	10.45%	ROE	34.81%	52W High	206.08 -23.39%	Perf Year	4.94%


Cash/sh	1.87	P/FCF	26.55	EPS past 3/5Y	-	ROIC	19.91%	52W Low	150.06 5.21%	Perf 3Y	-


Dividend Est.	1.32 (0.84%)	EV/EBITDA	11.58	Sales past 3/5Y	9.55% 11.59%	Gross Margin	40.30%	Volatility	2.21% 1.91%	Perf 5Y	-


Dividend TTM	1.32 (0.84%)	EV/Sales	4.28	EPS Y/Y TTM	23.59%	Oper. Margin	27.50%	ATR (14)	4.66	Perf 10Y	-


Dividend Ex-Date	May 11, 2026	Quick Ratio	1.04	Sales Y/Y TTM	13.97%	Profit Margin	18.59%	RSI (14)	50.35	Recom	2.33


Dividend Gr. 3/5Y	10.07% 9.29%	Current Ratio	1.54	EPS Q/Q	1.81%	SMA20	1.28%	Beta	0.79	Target Price	197.50


Payout	18.44%	Debt/Eq	0.64	Sales Q/Q	7.05%	SMA50	-3.54%	Rel Volume	1.27	Prev Close	153.89


Employees	3,600	LT Debt/Eq	0.56	Earnings	Jul 28	SMA200	-13.01%	Avg Volume	413.87K	Price	157.88


IPO Date	Oct 18, 2006	Option/Short	Yes / Yes	EPS/Sales Surpr.	-7.14% 0.24%	Net Debt/EBITDA	0.80	Volume	524,704	Change	2.59%

AWI