FBIN vs. AWI
FBIN (Fortune Brands Innovations Inc.) and AWI (Armstrong World Industries, Inc.) are both stocks. Both operate in the Building Products & Equipment industry within the Industrials sector. Over the past 10 years, FBIN returned -0.64%/yr vs 15.14%/yr for AWI. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
FBIN vs. AWI - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FBIN having a -20.14% return and AWI slightly higher at -20.09%. Over the past 10 years, FBIN has underperformed AWI with an annualized return of -0.64%, while AWI has yielded a comparatively higher 15.14% annualized return.
FBIN
- 1D
- 1.05%
- 1M
- 4.67%
- YTD
- -20.14%
- 6M
- -19.43%
- 1Y
- -21.18%
- 3Y*
- -14.22%
- 5Y*
- -13.00%
- 10Y*
- -0.64%
AWI
- 1D
- -1.98%
- 1M
- -5.79%
- YTD
- -20.09%
- 6M
- -17.11%
- 1Y
- -1.02%
- 3Y*
- 32.94%
- 5Y*
- 8.21%
- 10Y*
- 15.14%
FBIN vs. AWI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBIN Fortune Brands Innovations Inc. | -20.14% | -25.41% | -9.12% | 35.25% | -36.48% | 26.02% | 32.92% | 74.91% | -43.66% | 29.52% |
AWI Armstrong World Industries, Inc. | -20.09% | 36.23% | 45.05% | 45.37% | -40.26% | 57.44% | -19.97% | 62.79% | -3.61% | 44.86% |
Correlation
The correlation between FBIN and AWI is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | 0.59 |
The correlation between FBIN and AWI shifts across timeframes, from 0.53 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FBIN:
$2.15
AWI:
$7.04
FBIN:
18.36
AWI:
21.60
FBIN:
1.07
AWI:
4.02
FBIN:
$3.36B
AWI:
$1.65B
FBIN:
$1.53B
AWI:
$664.10M
FBIN:
$484.60M
AWI:
$578.40M
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Return for Risk
FBIN vs. AWI — Risk / Return Rank
FBIN
AWI
FBIN vs. AWI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortune Brands Innovations Inc. (FBIN) and Armstrong World Industries, Inc. (AWI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FBIN | AWI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.02 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.04 | -0.40 |
| Martin ratioReturn relative to average drawdown | -0.95 | -0.10 | -0.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBIN | AWI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | -0.04 | -0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.32 | -0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.51 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.30 | +0.01 |
Drawdowns
FBIN vs. AWI - Drawdown Comparison
The maximum FBIN drawdown since its inception was -62.42%, smaller than the maximum AWI drawdown of -80.98%. Use the drawdown chart below to compare losses from any high point for FBIN and AWI.
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Drawdown Indicators
| FBIN | AWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.42% | -80.98% | +18.56% |
Max Drawdown (1Y)Largest decline over 1 year | -47.93% | -24.91% | -23.02% |
Max Drawdown (3Y)Largest decline over 3 years | -61.90% | -24.91% | -36.99% |
Max Drawdown (5Y)Largest decline over 5 years | -61.90% | -46.06% | -15.84% |
Max Drawdown (10Y)Largest decline over 10 years | -62.42% | -46.44% | -15.98% |
Current DrawdownCurrent decline from peak | -55.26% | -24.91% | -30.35% |
Average DrawdownAverage peak-to-trough decline | -16.69% | -18.25% | +1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.40% | 10.70% | +11.70% |
Volatility
FBIN vs. AWI - Volatility Comparison
Fortune Brands Innovations Inc. (FBIN) has a higher volatility of 11.51% compared to Armstrong World Industries, Inc. (AWI) at 7.57%. This indicates that FBIN's price experiences larger fluctuations and is considered to be riskier than AWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBIN | AWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 7.57% | +3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 35.66% | 20.21% | +15.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.72% | 25.43% | +17.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.50% | 26.16% | +10.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.05% | 29.96% | +5.09% |
Dividends
FBIN vs. AWI - Dividend Comparison
FBIN's dividend yield for the trailing twelve months is around 2.58%, more than AWI's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWI Armstrong World Industries, Inc. | 0.87% | 0.66% | 0.81% | 1.06% | 1.38% | 0.74% | 1.09% | 0.77% | 0.30% | 0.00% | 0.00% | 0.00% |
FBIN Fortune Brands Innovations Inc. | 2.58% | 2.00% | 1.40% | 1.21% | 1.68% | 0.97% | 1.12% | 1.35% | 2.11% | 1.05% | 1.20% | 1.01% |
Financials
FBIN vs. AWI - Financials Comparison
This section allows you to compare key financial metrics between Fortune Brands Innovations Inc. and Armstrong World Industries, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FBIN vs. AWI - Profitability Comparison
FBIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported a gross profit of 0.00 and revenue of -66.20M. Therefore, the gross margin over that period was 0.0%.
AWI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Armstrong World Industries, Inc. reported a gross profit of 155.30M and revenue of 409.90M. Therefore, the gross margin over that period was 37.9%.
FBIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported an operating income of -61.40M and revenue of -66.20M, resulting in an operating margin of 92.8%.
AWI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Armstrong World Industries, Inc. reported an operating income of 94.20M and revenue of 409.90M, resulting in an operating margin of 23.0%.
FBIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported a net income of -52.20M and revenue of -66.20M, resulting in a net margin of 78.9%.
AWI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Armstrong World Industries, Inc. reported a net income of 66.80M and revenue of 409.90M, resulting in a net margin of 16.3%.
Frequently Asked Questions
FBIN and AWI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBIN has higher volatility (11.51%) compared to AWI (7.57%). In terms of maximum drawdown, FBIN dropped -62.42% vs AWI's -80.98%.
AWI currently has the higher Sharpe Ratio (-0.04 vs -0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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