NYSE : AIN
Albany International Corp. — Financial statements
Consumer Discretionary · Textile Manufacturing · United States
Last price 64.96 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.84B
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Financial statements
Albany International Corp. (AIN) reported revenue of 1.31B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.31B | 1.18B | 1.23B | 1.15B | 1.03B | 929.24M |
| Cost of Revenue | 863.37M | 938.64M | 825.97M | 724.19M | 645.11M | 550.85M |
| Gross Profit | 448.19M | 244.18M | 404.64M | 423.72M | 389.78M | 378.39M |
| Selling, General & Admin | 236.97M | 222.22M | 213.38M | 214.85M | 167.64M | 160.28M |
| Research & Development | 48.97M | 48.02M | 46.10M | 40.63M | 39.94M | 38.92M |
| Operating Expenses | 285.94M | 270.23M | 259.47M | 255.48M | 207.58M | 199.21M |
| Operating Income | 162.26M | -26.05M | 145.17M | 168.24M | 182.21M | 179.19M |
| Interest Expense | -26.52M | -25.76M | -16.61M | -20.17M | -17.84M | -17.39M |
| Interest & Investment Income | 3.74M | 5.16M | 4.06M | 6.57M | 3.83M | 2.50M |
| Currency Exchange Gain (Loss) | 3.66M | -8.88M | 3.90M | 2.92M | 10.00M | 1.18M |
| Other Non Operating Income (Expenses) | 7.31M | 7.69M | -3.13M | 3.19M | -407.00K | -4.04M |
| EBT Excluding Unusual Items | 150.45M | -47.85M | 133.39M | 160.74M | 177.79M | 161.43M |
| Merger & Restructuring Charges | -22.47M | -13.94M | -16.30M | -282.00K | -106.00K | -1.33M |
| Gain (Loss) on Sale of Assets | 3.42M | |||||
| Other Unusual Items | -49.13M | 5.83M | ||||
| Pretax Income | 127.98M | -61.79M | 117.09M | 160.46M | 131.98M | 165.93M |
| Income Tax Expense | 38.94M | -4.83M | 29.03M | 48.85M | 35.47M | 47.16M |
| Earnings From Continuing Operations | 89.04M | -56.96M | 88.06M | 111.61M | 96.51M | 118.77M |
| Minority Interest in Earnings | -765.00K | -383.00K | -432.00K | -490.00K | -746.00K | -290.00K |
| Net Income | 88.27M | -57.34M | 87.62M | 111.12M | 95.76M | 118.48M |
| Net Income to Common | 88.27M | -57.34M | 87.62M | 111.12M | 95.76M | 118.48M |
| Shares Outstanding (Basic) | 28.40M | 29.57M | 31.23M | 31.17M | 31.34M | 32.35M |
| Shares Outstanding (Diluted) | 28.56M | 29.57M | 31.34M | 31.28M | 31.45M | 32.46M |
| EPS (Basic) | 3.11 | -1.94 | 2.81 | 3.56 | 3.06 | 3.66 |
| EPS (Diluted) | 3.09 | -1.94 | 2.80 | 3.55 | 3.04 | 3.65 |
| Free Cash Flow | 69.78M | 82.64M | 138.19M | 64.50M | 34.54M | 164.68M |
| Free Cash Flow Per Share | 2.44 | 2.79 | 4.41 | 2.06 | 1.10 | 5.07 |
| Dividend Per Share | 1.12 | 1.09 | 1.05 | 1.01 | 0.88 | 0.81 |
| Gross Margin | 34.17% | 20.64% | 32.88% | 36.91% | 37.66% | 40.72% |
| Operating Margin | 12.37% | -2.20% | 11.80% | 14.66% | 17.61% | 19.28% |
| Profit Margin | 6.73% | -4.85% | 7.12% | 9.68% | 9.25% | 12.75% |
| Free Cash Flow Margin | 5.32% | 6.99% | 11.23% | 5.62% | 3.34% | 17.72% |
| EBITDA | 248.05M | 60.87M | 231.61M | 243.07M | 249.55M | 251.54M |
| EBITDA Margin | 18.91% | 5.15% | 18.82% | 21.18% | 24.11% | 27.07% |
| D&A For EBITDA | 85.79M | 86.93M | 86.44M | 74.83M | 67.35M | 72.36M |
| EBIT | 162.26M | -26.05M | 145.17M | 168.24M | 182.21M | 179.19M |
| EBIT Margin | 12.37% | -2.20% | 11.80% | 14.66% | 17.61% | 19.28% |
| Effective Tax Rate | 30.43% | 24.80% | 30.44% | 26.88% | 28.42% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 79.12M | 112.35M | 115.28M | 173.42M | 291.78M | 302.04M |
| Cash & Short-Term Investments | 79.12M | 112.35M | 115.28M | 173.42M | 291.78M | 302.04M |
| Accounts Receivable | 442.13M | 322.19M | 413.25M | 470.06M | 348.71M | 304.53M |
| Receivables | 442.13M | 322.19M | 413.25M | 470.06M | 348.71M | 304.53M |
| Inventory | 165.54M | 121.59M | 145.84M | 169.57M | 139.05M | 117.88M |
| Prepaid Expenses | 42.44M | 34.99M | 37.13M | 53.87M | 50.96M | 32.39M |
| Other Current Assets | 34.80M | 337.72M | 19.19M | 11.04M | 7.94M | 1.96M |
| Total Current Assets | 764.03M | 928.84M | 730.69M | 877.96M | 838.44M | 758.80M |
| Property, Plant & Equipment | 544.56M | 493.95M | 625.10M | 652.81M | 494.13M | 450.78M |
| Long-Term Investments | 5.68M | 1.87M | 780.00K | 12.90M | 24.21M | 4.03M |
| Goodwill | 182.01M | 162.51M | 176.26M | 180.18M | 178.22M | 182.12M |
| Other Intangible Assets | 30.41M | 21.43M | 38.13M | 44.65M | 33.81M | 39.08M |
| Long-Term Accounts Receivable | 4.39M | 27.91M | 31.85M | |||
| Long-Term Deferred Tax Assets | 57.06M | 68.50M | 28.76M | 22.94M | 15.20M | 26.38M |
| Other Long-Term Assets | 101.87M | 41.62M | 48.98M | 39.18M | 30.34M | 63.02M |
| Total Assets | 1.69B | 1.72B | 1.65B | 1.84B | 1.64B | 1.56B |
| Accounts Payable | 87.39M | 64.50M | 66.09M | 87.10M | 69.71M | 68.95M |
| Accrued Expenses | 178.52M | 79.63M | 94.84M | 107.46M | 86.06M | 91.88M |
| Current Portion of Long-Term Debt | 4.22M | |||||
| Current Portion of Leases | 4.27M | 7.61M | 7.33M | 5.93M | 5.34M | |
| Current Income Taxes Payable | 22.93M | 35.09M | 18.37M | 14.37M | 15.22M | 14.89M |
| Current Unearned Revenue | 28.18M | 33.40M | 6.08M | 7.13M | 15.18M | 6.96M |
| Other Current Liabilities | 353.00K | 225.40M | 33.37M | 21.06M | 19.22M | 20.15M |
| Total Current Liabilities | 317.38M | 442.30M | 226.37M | 248.68M | 211.32M | 208.17M |
| Long-Term Debt | 422.09M | 455.66M | 318.75M | 452.67M | 439.00M | 355.18M |
| Long-Term Leases | 7.42M | 61.06M | 50.64M | 50.19M | 25.52M | |
| Pension & Post-Retirement Benefits | 71.93M | 69.98M | 85.31M | 55.06M | 72.11M | |
| Long-Term Deferred Tax Liabilities | 15.58M | 1.80M | 16.02M | 26.96M | 15.64M | 12.50M |
| Other Long-Term Liabilities | 142.45M | 7.49M | 7.57M | 3.44M | 3.51M | 5.00M |
| Total Liabilities | 897.50M | 986.61M | 699.75M | 867.69M | 774.71M | 678.46M |
| Common Stock | 41.00K | 41.00K | 41.00K | 41.00K | 41.00K | 41.00K |
| Additional Paid-In Capital | 466.58M | 460.47M | 452.93M | 448.22M | 441.54M | 437.00M |
| Retained Earnings | 1.03B | 976.37M | 1.07B | 1.01B | 931.32M | 863.06M |
| Treasury Stock | -566.99M | -567.14M | -379.21M | -364.67M | -364.92M | -280.14M |
| Comprehensive Income & Other | -144.82M | -143.54M | -195.99M | -133.17M | -144.93M | -145.98M |
| Total Common Equity | 781.66M | 726.21M | 943.54M | 961.37M | 863.05M | 873.97M |
| Minority Interest | 6.45M | 5.89M | 5.41M | 5.95M | 4.49M | 3.64M |
| Shareholders' Equity | 788.11M | 732.10M | 948.95M | 967.32M | 867.54M | 877.61M |
| Total Liabilities & Equity | 1.69B | 1.72B | 1.65B | 1.84B | 1.64B | 1.56B |
| Total Debt | 422.09M | 467.36M | 387.42M | 514.86M | 495.12M | 386.03M |
| Net Cash (Debt) | -342.96M | -355.01M | -272.13M | -341.44M | -203.34M | -83.99M |
| Net Cash Per Share | -12.01 | -12.01 | -8.68 | -10.92 | -6.46 | -2.59 |
| Filing Date Shares Outstanding | 28.40M | 28.30M | 30.90M | 31.20M | 31.10M | 31.86M |
| Total Common Shares Outstanding | 28.39M | 28.30M | 31.07M | 31.20M | 31.11M | 32.10M |
| Working Capital | 446.65M | 486.54M | 504.33M | 629.28M | 627.12M | 550.63M |
| Book Value Per Share | 27.54 | 25.66 | 30.37 | 30.82 | 27.74 | 27.23 |
| Tangible Book Value | 569.24M | 542.27M | 729.15M | 736.54M | 651.02M | 652.76M |
| Tangible Book Value Per Share | 20.05 | 19.16 | 23.47 | 23.61 | 20.93 | 20.34 |
| Land | 31.01M | 28.16M | 29.65M | 14.06M | 14.83M | |
| Buildings | 296.05M | 306.27M | 302.09M | 247.14M | 243.58M | |
| Machinery | 1.21B | 1.23B | 1.24B | 1.08B | 1.09B | |
| Construction In Progress | 71.52M | 75.26M | 90.76M | 92.62M | 64.24M | |
| Order Backlog | 1.40B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 88.27M | -57.34M | 87.62M | 111.12M | 95.76M | 118.48M |
| Depreciation & Amortization | 85.79M | 86.93M | 86.44M | 74.83M | 67.35M | 72.36M |
| Other Amortization | 1.71M | 988.00K | 2.85M | 1.90M | 1.70M | 1.90M |
| Loss (Gain) From Sale of Assets | 1.01M | -1.57M | -513.00K | |||
| Asset Writedown & Restructuring Costs | -390.00K | -390.00K | 2.04M | 1.77M | 1.81M | 856.00K |
| Stock-Based Compensation | 7.93M | 10.06M | 4.71M | 6.94M | 4.53M | 3.15M |
| Provision & Write-off of Bad Debts | -582.00K | -139.00K | 310.00K | 640.00K | 1.41M | -1.30M |
| Other Operating Activities | -62.84M | 106.64M | -13.79M | -3.12M | 31.08M | 10.37M |
| Change in Accounts Receivable | -43.75M | -23.91M | 44.05M | -43.19M | -50.73M | 17.71M |
| Change in Inventory | -5.83M | 17.63M | 14.63M | 15.09M | -24.54M | -9.94M |
| Change in Accounts Payable | -2.94M | 9.17M | -3.08M | -5.67M | 8.57M | 9.49M |
| Change in Income Taxes | 12.70M | -10.55M | -1.66M | -4.88M | -5.82M | 3.47M |
| Change in Other Net Operating Assets | 44.25M | 14.96M | -5.17M | -7.37M | -2.90M | -9.05M |
| Operating Cash Flow | 125.33M | 152.47M | 218.44M | 148.06M | 128.21M | 217.47M |
| Capital Expenditures | -55.55M | -69.83M | -80.25M | -83.56M | -93.67M | -52.79M |
| Sale of Property, Plant & Equipment | 3.24M | 1.03M | ||||
| Cash Acquisitions | -133.47M | |||||
| Sale (Purchase) of Intangibles | -480.00K | -1.68M | -958.00K | -869.00K | -2.67M | -906.00K |
| Investing Cash Flow | -53.25M | -68.26M | -80.18M | -217.90M | -96.35M | -53.70M |
| Long-Term Debt Issued | 272.00M | 145.59M | 78.04M | 162.00M | 8.00M | |
| Long-Term Debt Repaid | -147.04M | -279.84M | -92.27M | -73.65M | -57.45M | |
| Net Debt Issued (Repaid) | -55.00M | 124.96M | -134.24M | -14.23M | 88.35M | -49.45M |
| Issuance of Common Stock | 17.00K | 153.00K | ||||
| Repurchase of Common Stock | -16.69M | -188.53M | -17.11M | -3.14M | -85.55M | -24.45M |
| Common Dividends Paid | -31.55M | -32.48M | -32.48M | -31.16M | -26.46M | -25.89M |
| Other Financing Activities | -4.11M | |||||
| Financing Cash Flow | -103.24M | -96.05M | -183.83M | -52.64M | -23.65M | -99.64M |
| Foreign Exchange Rate Adjustments | 1.98M | 8.91M | -12.57M | 4.13M | -18.47M | -3.42M |
| Net Cash Flow | -29.18M | -2.93M | -58.14M | -118.36M | -10.26M | 60.72M |
| Free Cash Flow | 69.78M | 82.64M | 138.19M | 64.50M | 34.54M | 164.68M |
| Free Cash Flow Margin | 5.32% | 6.99% | 11.23% | 5.62% | 3.34% | 17.72% |
| Free Cash Flow Per Share | 2.44 | 2.79 | 4.41 | 2.06 | 1.10 | 5.07 |
| Levered Free Cash Flow | 72.54M | 12.27M | 168.80M | -24.19M | 2.09M | 169.62M |
| Unlevered Free Cash Flow | 89.11M | 28.37M | 179.19M | -11.59M | 13.24M | 180.49M |
| Cash Interest Paid | 25.41M | 24.60M | 14.70M | 18.70M | 16.00M | 14.90M |
| Cash Income Tax Paid | 31.06M | 42.44M | 47.30M | 54.50M | 50.00M | 32.50M |
| Change in Working Capital | 4.43M | 7.29M | 48.77M | -46.02M | -75.42M | 11.67M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.90B | 1.46B | 2.50B | 3.06B | 3.07B | 2.86B |
| Enterprise Value | 2.24B | 1.83B | 2.74B | 3.39B | 3.24B | 2.94B |
| Last Close Price | 67.00 | 49.96 | 77.44 | 93.99 | 93.30 | 82.88 |
| PE Ratio | 21.71 | 28.57 | 27.57 | 32.02 | 24.17 | |
| Forward PE | 22.32 | 17.90 | 22.98 | 25.48 | 27.97 | 26.27 |
| PS Ratio | 1.45 | 1.23 | 2.03 | 2.67 | 2.96 | 3.08 |
| PB Ratio | 2.43 | 1.99 | 2.64 | 3.17 | 3.53 | 3.26 |
| P/TBV Ratio | 3.34 | 2.68 | 3.43 | 4.16 | 4.71 | 4.39 |
| P/FCF Ratio | 27.26 | 17.61 | 18.11 | 47.51 | 88.77 | 17.39 |
| P/OCF Ratio | 15.17 | 9.54 | 11.46 | 20.70 | 23.91 | 13.17 |
| PEG Ratio | 2.13 | 31.32 | 3.85 | 1.51 | 2.28 | |
| EV/Sales Ratio | 1.71 | 1.55 | 2.23 | 2.95 | 3.13 | 3.16 |
| EV/EBITDA Ratio | 9.05 | 30.13 | 11.85 | 13.95 | 12.99 | 11.69 |
| EV/EBIT Ratio | 13.83 | 18.90 | 20.15 | 17.79 | 16.40 | |
| EV/FCF Ratio | 32.17 | 22.19 | 19.85 | 52.56 | 93.83 | 17.85 |
| Debt / Equity Ratio | 0.54 | 0.64 | 0.41 | 0.53 | 0.57 | 0.44 |
| Debt / EBITDA Ratio | 1.61 | 6.22 | 1.58 | 2.02 | 1.93 | 1.50 |
| Debt / FCF Ratio | 6.05 | 5.66 | 2.80 | 7.98 | 14.34 | 2.34 |
| Net Debt / Equity Ratio | 0.43 | 0.48 | 0.29 | 0.35 | 0.23 | 0.10 |
| Net Debt / EBITDA Ratio | 1.38 | 5.83 | 1.18 | 1.41 | 0.81 | 0.33 |
| Net Debt / FCF Ratio | 4.92 | 4.30 | 1.97 | 5.29 | 5.89 | 0.51 |
| Asset Turnover | 0.77 | 0.70 | 0.71 | 0.66 | 0.65 | 0.60 |
| Inventory Turnover | 5.31 | 7.02 | 5.24 | 4.69 | 5.02 | 4.82 |
| Quick Ratio | 1.64 | 0.98 | 2.33 | 2.59 | 3.03 | 2.91 |
| Current Ratio | 2.41 | 2.10 | 3.23 | 3.53 | 3.97 | 3.65 |
| Return on Equity (ROE) | 11.62% | -6.78% | 9.19% | 12.16% | 11.06% | 13.99% |
| Return on Assets (ROA) | 5.99% | -0.97% | 5.21% | 6.05% | 7.12% | 7.21% |
| Return on Invested Capital (ROIC) | 10.01% | -2.26% | 8.63% | 9.84% | 13.11% | 12.91% |
| Return on Capital Employed (ROCE) | 11.90% | -2.00% | 10.20% | 10.60% | 12.70% | 13.30% |
| Earnings Yield | 4.61% | -3.94% | 3.50% | 3.63% | 3.12% | 4.14% |
| FCF Yield | 3.67% | 5.68% | 5.52% | 2.10% | 1.13% | 5.75% |
| Dividend Yield | 1.67% | 2.12% | 1.30% | 1.03% | 0.89% | 0.91% |
| Payout Ratio | 36.30% | 37.07% | 28.04% | 27.64% | 21.86% | |
| Buyback Yield / Dilution | 5.56% | 5.65% | -0.20% | 0.57% | 3.10% | -0.33% |
| Total Shareholder Return | 7.24% | 7.77% | 1.10% | 1.60% | 4.00% | 0.58% |