American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company offers kitchen cabinetry, bath cabinetry, office cabinetry, home organization, and hardware products. It also provides turnkey installation services to its direct builder customers through a network of service centers. The company sells its products under the American Woodmark, Timberlake, Shenandoah Cabinetry, waypoint Living Spaces, 1951 Cabinetry, Professional Cabinet Solutions, SageHouse, allen + roth, Hampton Bay, ESTATE, Glacier Bay, Home Decorators Collection, Project Source, Stor-It-All, and Style Selections brands to home centers, builders, and independent dealers and distributors. The company was founded in 1951 and is based in Winchester, Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.7B | $193M | $99M | $69M | 10.9% | -7.5% | -14.4% |
| 2024 | $1.8B | $239M | $116M | $140M | 12.8% | -10.6% | 24.0% |
| 2023 | $2.1B | $232M | $94M | $156M | 10.7% | 11.3% | -415.3% |
| 2022 | $1.9B | $64M | $-30M | $-20M | -3.8% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,857.19 | 2,066.20 | 1,847.50 | 1,709.58 |
| Operating Revenue | 1,857.19 | 2,066.20 | 1,847.50 | 1,709.58 |
| Cost Of Revenue | 1,630.74 | 1,708.68 | 1,469.70 | 1,403.04 |
| Gross Profit | 226.44 | 357.52 | 377.81 | 306.55 |
| Operating Expense | 190.10 | 219.65 | 216.61 | 161.70 |
| Selling General And Administration | 190.10 | 219.65 | 216.61 | 161.70 |
| Total Expenses | 1,820.84 | 1,928.32 | 1,686.31 | 1,564.74 |
| Operating Income | 36.34 | 137.88 | 161.20 | 144.85 |
| Total Operating Income As Reported | 36.16 | 136.35 | 161.39 | 140.24 |
| EBITDA | 63.82 | 232.42 | 238.96 | 192.79 |
| Normalized EBITDA | 64 | 231.86 | 238.76 | 197.39 |
| EBIT | -32.79 | 138.68 | 160.18 | 136.88 |
| Interest Expense | 10.19 | 15.99 | 8.21 | 10.34 |
| Net Interest Income | -10.19 | -15.99 | -8.21 | -10.34 |
| Other Non Operating Income Expenses | -68.95 | 0.24 | -1.22 | -3.37 |
| Other Income Expense | -69.13 | 0.80 | -1.02 | -7.97 |
| Interest Expense Non Operating | 10.19 | 15.99 | 8.21 | 10.34 |
| Net Non Operating Interest Income Expense | -10.19 | -15.99 | -8.21 | -10.34 |
| Pretax Income | -42.98 | 122.69 | 151.97 | 126.54 |
| Tax Provision | -13.26 | 28.96 | 35.75 | 27.08 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | -0.06 | 0.13 | 0.05 | -0.98 |
| Net Income Continuous Operations | -29.72 | 93.72 | 116.22 | 99.46 |
| Net Income From Continuing And Discontinued Operation | -29.72 | 93.72 | 116.22 | 99.46 |
| Net Income From Continuing Operation Net Minority Interest | -29.72 | 93.72 | 116.22 | 99.46 |
| Net Income | -29.72 | 93.72 | 116.22 | 99.46 |
| Net Income Common Stockholders | -29.72 | 93.72 | 116.22 | 99.46 |
| Net Income Including Noncontrolling Interests | -29.72 | 93.72 | 116.22 | 99.46 |
| Normalized Income | -29.60 | 93.29 | 116.06 | 103.07 |
| Diluted NI Availto Com Stockholders | -29.72 | 93.72 | 116.22 | 99.46 |
| Basic Average Shares | 16.57 | 16.64 | 15.65 | 14.61 |
| Diluted Average Shares | 16.59 | 16.69 | 16.26 | 15.30 |
| Reconciled Depreciation | 96.61 | 93.74 | 78.78 | 55.91 |
| Reconciled Cost Of Revenue | 1,630.74 | 1,708.68 | 1,469.70 | 1,403.04 |
| Total Unusual Items | -0.18 | 0.56 | 0.20 | -4.60 |
| Total Unusual Items Excluding Goodwill | -0.18 | 0.56 | 0.20 | -4.60 |
| Special Income Charges | -0.18 | 0.56 | 0.20 | -4.60 |
| Other Special Charges | 68.47 | -2.09 | - | -0.01 |
| Restructuring And Mergern Acquisition | 0.18 | 1.52 | -0.20 | 4.61 |
| General And Administrative Expense | 97.55 | 125.04 | 124.01 | 75.46 |
| Other Gand A | 97.55 | 125.04 | 124.01 | 75.46 |
| Salaries And Wages | 68.47 | -0.01 | 0 | - |
| Selling And Marketing Expense | 92.56 | 94.60 | 92.60 | 86.24 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| American Woodmark Corporationthis co. | AMWD | $701M | 7.04β discount | 0.76 | 10.9% | 6.03 |
| Golden Entertainment, Inc. | GDEN | $754M | -124.72 | 1.79 | -1.4% | 10.88 |
| Solid Power, Inc. | SLDP | $747M | -8.00 | 1.79 | -22.4% | -9.95 |
| Fox Factory Holding Corp. | FOXF | $744M | - | 1.11 | -81.3% | - |
| Cracker Barrel Old Country Store, Inc. |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| CBRL |
| $738M |
| 15.90 |
| 1.60 |
| 10.0% |
| 9.72 |
| Beazer Homes USA, Inc. | BZH | $708M | 15.53 | 0.57 | 3.7% | 27.79 |
| Oxford Industries, Inc. | OXM | $675M | - | 1.31 | -5.4% | 35.55 |
| Bally's Corporation | BALY | $663M | - | 0.67 | -57.1% | 53.99 |
| Hovnanian Enterprises, Inc. | HOV | $655M | 10.26 | 0.94 | 9.2% | 9.69 |
| Peer Median | - | 10.26 | 1.21 | -3.4% | 10.88 | |