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AMWD

American Woodmark Corporation

AMWD

American Woodmark Corporation NASDAQ
$55.13 -0.42% (-0.23)

Market Cap $803.20 M
52w High $92.44
52w Low $47.15
Dividend Yield 0%
P/E 13
Volume 149.28K
Outstanding Shares 14.57M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $394.637M $46.096M $6.097M 1.545% $0.42 $29.816M
Q1-2026 $403.046M $47.298M $14.595M 3.621% $1.01 $39.622M
Q4-2025 $400.395M $38.675M $25.566M 6.385% $1.67 $48.973M
Q3-2025 $397.58M $38.689M $16.571M 4.168% $1.1 $37.115M
Q2-2025 $452.482M $43.108M $27.686M 6.119% $1.81 $51.367M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $52.066M $1.566B $637.611M $928.24M
Q1-2026 $54.914M $1.571B $650.504M $920.299M
Q4-2025 $48.195M $1.571B $654.571M $915.998M
Q3-2025 $43.484M $1.59B $670.672M $919.564M
Q2-2025 $56.717M $1.61B $694.813M $915.062M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $-14.595M $11.173M $-12.097M $-1.924M $-2.848M $18.982M
Q1-2026 $14.595M $33.078M $-8.124M $-18.235M $6.719M $25.269M
Q4-2025 $25.566M $44.76M $-10.466M $-29.583M $4.711M $32.751M
Q3-2025 $16.571M $10.954M $-9.605M $-14.582M $-13.233M $2.315M
Q2-2025 $27.686M $11.922M $-11.193M $-33.277M $-32.548M $1.107M

Five-Year Company Overview

Income Statement

Income Statement Revenue has eased back over the last two years after a strong post‑pandemic peak, reflecting a softer housing and remodeling cycle. The more important story, though, is margins: profitability swung from a loss a few years ago to solid profits today, with operating and EBITDA margins now clearly stronger than during the downturn. This suggests pricing discipline, better cost control, and efficiency gains are offsetting weaker volumes. Earnings per share have held up well even as sales slipped, which is a sign the business is running leaner and more productive than before, but it also means results remain quite sensitive to housing demand and broader consumer cycles.


Balance Sheet

Balance Sheet The balance sheet looks generally sound and gradually stronger. Total assets have been steady, while debt has edged down from earlier years, pointing to quiet but consistent de‑leveraging. Equity has been building, which implies profits are being retained and the capital base is thickening over time. Cash on hand is modest rather than abundant, so the company does rely on ongoing cash generation and credit lines, but overall leverage appears reasonable for a cyclical manufacturer rather than stretched.


Cash Flow

Cash Flow Cash generation has been lumpy but directionally positive. A few years ago, operating cash flow was very weak, but it rebounded strongly and, while it has softened again more recently, it remains clearly positive. Free cash flow has followed a similar pattern and has been positive in most years, even after steady investment in plants and equipment. Capital spending has been relatively disciplined and stable, suggesting the company is investing in its operations without overextending itself. The main watch‑point is that cash flow still swings with the cycle, so a deeper housing slowdown could pressure these improvements.


Competitive Edge

Competitive Edge American Woodmark holds a solid niche in the North American cabinet market, supported by a scale footprint, close ties with major home‑improvement retailers, and deep integration with large homebuilders. Its turnkey service model for new construction—handling design, measurement, and installation—creates switching costs for builders and is hard for smaller rivals to match. A national manufacturing and distribution network shortens lead times and improves reliability, reinforcing its reputation with trade customers. The combination of vertically integrated operations and a multi‑brand portfolio aimed at different price points and channels gives the company a durable, though still cyclical, competitive position.


Innovation and R&D

Innovation and R&D The company leans heavily on process and digital innovation rather than traditional lab‑style R&D. It has embedded technologies like RFID, barcoding, and advanced wood‑scanning into its plants to raise accuracy, cut waste, and improve throughput. A broader digital transformation—upgrading ERP, CRM, and e‑commerce—aims to tighten planning and enhance the customer experience. On the product side, American Woodmark continues to launch new brands and features tailored to specific channels and trends, such as easily swappable vanities, the 1951 Cabinetry line for distributors, and design updates aligned with current styles. Ongoing investments in automation and sustainability initiatives indicate a long‑term focus on efficiency and brand appeal rather than short‑term cost cutting alone.


Summary

Overall, American Woodmark has moved from a period of margin pressure and even losses to one of healthier, more resilient profitability, even as revenue has cooled with the housing cycle. The balance sheet is reasonably conservative, with slowly declining leverage and growing equity, and the business generally funds itself through internally generated cash. Its edge comes from scale, service intensity, and manufacturing and logistics know‑how, all reinforced by technology and long‑standing channel relationships. The main risks are the inherent cyclicality of housing and remodeling demand and the need to keep executing on automation and digital initiatives to maintain margin gains. If those investments pay off, the company could emerge from this cycle structurally stronger than it went in, but results will likely remain tied to broader construction and consumer trends.