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AIN

Albany International Corp.

AIN

Albany International Corp. NYSE
$47.68 0.61% (+0.29)

Market Cap $1.44 B
52w High $85.19
52w Low $41.15
Dividend Yield 1.08%
P/E -26.34
Volume 187.55K
Outstanding Shares 30.24M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $261.434M $66.569M $-97.76M -37.394% $-3.25 $-93.501M
Q2-2025 $311.399M $75.237M $9.183M 2.949% $0.31 $48.204M
Q1-2025 $288.774M $68.223M $17.355M 6.01% $0.56 $51.248M
Q4-2024 $286.905M $66.017M $17.679M 6.162% $0.57 $54.872M
Q3-2024 $298.386M $65.213M $18.029M 6.042% $0.58 $44.224M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $108.31M $1.702B $956.587M $739.298M
Q2-2025 $106.689M $1.723B $829.344M $888.612M
Q1-2025 $119.354M $1.688B $782.908M $899.975M
Q4-2024 $115.283M $1.649B $699.749M $943.538M
Q3-2024 $127.222M $1.753B $756.525M $990.997M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-97.638M $43.939M $-18.278M $-23.76M $1.621M $25.661M
Q2-2025 $9.332M $32.714M $-11.691M $-39.599M $-12.665M $18.785M
Q1-2025 $17.349M $2.119M $-15.597M $15.091M $4.071M $-13.478M
Q4-2024 $17.745M $78.456M $-19.127M $-62.059M $-11.939M $59.335M
Q3-2024 $18.029M $46.996M $-15.426M $-23.548M $10.783M $31.627M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Albany Engineered Composites
Albany Engineered Composites
$0 $110.00M $130.00M $90.00M
Machine Clothing
Machine Clothing
$380.00M $170.00M $180.00M $170.00M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing steadily over the past several years, showing a business that is growing rather than shrinking. However, profits have not kept pace with sales growth. Margins have come under some pressure recently, and earnings per share have bounced around a bit instead of rising smoothly. This suggests a healthy demand backdrop but also higher costs, mix shifts, or one‑off items that are limiting how much of each sales dollar turns into profit.


Balance Sheet

Balance Sheet The balance sheet looks generally sturdy. Assets and shareholder equity have trended up over time, pointing to a business that is building value rather than drawing it down. Debt increased for a while but has started to come back down, and it does not appear excessive relative to the size of the company. Cash levels have eased from earlier peaks, which is worth watching, but overall the financial foundation seems solid rather than strained.


Cash Flow

Cash Flow Albany International consistently generates cash from its operations, although the amount has moved around from year to year. After funding capital spending, the company has regularly produced positive free cash flow, which gives it flexibility to reduce debt, invest in growth projects, or return capital to shareholders. Capital spending is meaningful but not aggressive, indicating steady reinvestment without overstretching the balance sheet. The main watchpoint is the volatility in operating cash flow, which investors may want to understand in terms of working capital swings or project timing.


Competitive Edge

Competitive Edge The company has a differentiated position built around advanced materials and long‑standing customer relationships. In aerospace, its 3D‑woven composites and other specialty processes are used in highly demanding applications, where performance, certification, and reliability create high barriers to entry and make it difficult for customers to switch suppliers. In machine clothing, it holds a leading share as a key provider of highly engineered, customized fabrics that are essential to customers’ production lines. This combination gives Albany a mix of a mature, cash‑generative business and a more technology‑driven growth platform. Key risks include dependence on major aerospace programs, cyclicality in both aerospace and paper‑related markets, and continued need to defend pricing and margins against cost pressures.


Innovation and R&D

Innovation and R&D Innovation is a central pillar of Albany’s strategy. The company has built a large patent portfolio and focuses R&D on 3D weaving, advanced composites, and specialized fabrics for demanding industrial processes. Its work in aerospace extends into next‑generation engines, lightweight structures, and emerging areas like hypersonic and defense thermal protection, often in collaboration with major industry players. In machine clothing, innovation is more evolutionary but still important, with ongoing refinement of materials and designs to improve efficiency and product quality for customers. The main opportunity is to keep extending these technologies into new platforms and applications, while the main risk is that competitors or new materials could narrow its technological lead over time.


Summary

Overall, Albany International appears to be a company with a strong technological base and entrenched positions in niche industrial and aerospace markets. Financially, it shows steady revenue growth, recurring cash generation, and a reasonably conservative balance sheet, but also some recent pressure on margins and earnings. Strategically, its moat rests on proprietary processes, deep customer integration, and high switching costs, particularly in aerospace and mission‑critical industrial applications. Future performance will depend on how well it converts its innovation pipeline and aerospace exposure into sustained, profitable growth while managing cyclicality, cost pressures, and concentration in key programs and end markets.