ALBANY INTERNATIONAL CORP /DE/ AIN

Consumer discretionary SIC 2221 - Broadwoven Fabric Mills, Man Made Fiber & Silk NAICS Manufacturing › Textile Mills › Fabric Mills › Broadwoven Fabric Mills derived NYSE

Founded in 1895, Albany International Corp. is a global leader in advanced textiles and materials processing specializing in designing and manufacturing high-performance engineered fabrics and composite components and assemblies that serve industries such as paper, industrial manufacturing, and aerospace. The terms the Registrant, the Company, Albany, we, us, or our mean Albany International Corp. and its subsidiaries, unless the context indicates another meaning.

The following description of our business should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations" within Item 7 of this Annual Report on Form 10-K, including the information contained therein under the heading "Business Environment Overview and Trends."

Last close 62.61 2026-10-23
Market cap $1.78B 2026-06-30 share count
52-week range 41.15 - 77.00

Valuation FY2025 figures against the last close

P/S1.5x
P/E—
P/FCF21.5x
EV/EBITDA45.5x
Dividend yield1.8%
Diluted EPS-1.94

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.18B$1.23B$1.15B$1.03B$929.2M$900.6M$1.05B$982.5M$863.7M$779.8M
Cost of revenue $938.9M$828.8M$724.2M$645.1M$550.8M$529.5M$656.4M$632.7M$567.4M$478.6M
Gross profit $243.9M$401.8M$423.7M$389.8M$378.4M$371.1M$397.7M$349.7M$296.3M$301.3M
R&D ——$40.6M$39.9M$38.9M$25.8M$26.9M$29.8M$30.7M$28.8M
SG&A $218.3M$210.9M$214.9M$168.7M$160.1M$163.9M$163.7M$156.2M$162.9M$158.4M
Operating income -$36.1M$131.4M$167.9M$181.0M$178.0M$166.1M$193.6M$137.4M$78.7M$94.1M
Interest expense $25.8M$16.6M$20.2M$17.8M$17.4M$16.3M$19.6M$20.2M$18.6M$15.5M
Pre-tax income -$61.8M$117.1M$160.5M$132.0M$165.9M$139.1M$178.2M$115.2M$54.7M$78.3M
Income tax $4.8M$29.0M$48.8M$35.5M$47.2M$41.8M$44.8M$32.2M$22.1M$25.5M
Net income -$57.3M$87.6M$111.1M$95.8M$118.5M$98.6M$132.4M$82.9M$33.1M$52.7M
EPS, basic -1.942.813.563.063.663.054.102.571.031.64
EPS, diluted -1.942.803.553.043.653.054.102.571.031.64
Shares, diluted (wtd. avg.) 29.6M31.3M31.3M31.5M32.5M32.4M32.3M32.3M32.2M32.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $112.3M$115.3M$173.4M$291.8M$302.0M$241.3M$195.5M$197.8M$183.7M$181.7M
Receivables $235.1M$246.7M$287.8M$200.0M$192.0M$188.4M$218.3M$223.2M$202.7M$171.2M
Inventory $121.6M$145.8M$169.6M$139.1M$117.9M$110.5M$95.1M$85.9M$136.5M$133.9M
Total current assets $928.8M$730.7M$878.0M$838.4M$758.8M$717.3M$618.3M$593.0M$543.7M$501.3M
Property, plant and equipment $482.6M$563.4M$602.0M$445.7M——$466.5M$462.1M$454.3M$422.6M
Goodwill $162.5M$176.3M$180.2M$178.2M$182.1M$187.6M$180.9M$164.4M$166.8M$160.4M
Other intangibles $21.4M$38.1M$38.6M$33.8M$39.1M$46.9M$52.9M$49.2M$55.4M$66.5M
Total assets $1.72B$1.65B$1.84B$1.64B$1.56B$1.55B$1.47B$1.42B$1.36B$1.26B
Accounts payable $64.5M$66.1M$87.1M$69.7M$69.0M$49.2M$65.2M$52.2M$44.9M$43.3M
Short-term debt $0$0$4.2M$0$0$9.0K$20.0K$1.2M$1.8M$51.7M
Total current liabilities $442.3M$226.4M$248.7M$211.3M$208.2M$190.9M$202.7M$189.3M$161.5M$200.0M
Long-term debt $455.7M$318.5M$452.7M$439.0M$350.0M$398.0M$424.0M$523.7M$514.1M$432.9M
Total liabilities $986.6M$699.7M$867.7M$774.7M$678.5M$730.1M$771.7M$809.7M$788.2M$752.1M
Retained earnings $976.4M$1.07B$1.01B$931.3M$863.1M$770.7M$698.5M$589.6M$534.1M$522.9M
Total equity $726.2M$943.5M$967.3M$867.5M$877.6M$819.9M$702.7M$608.3M$573.0M$511.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $152.5M$218.4M$148.1M$128.2M$217.5M$140.3M$200.4M$132.5M$64.2M$80.9M
Depreciation and amortisation $82.7M$82.5M$70.4M$69.0M$74.3M$72.7M$70.8M$79.0M$72.0M$67.5M
Stock-based compensation $10.1M$4.7M$6.9M———————
Capital expenditure $69.8M$80.2M$83.6M$93.7M$52.8M$41.5M$67.4M$81.6M$85.5M$71.2M
Investing cash flow -$68.3M-$80.2M-$217.9M-$96.3M-$53.7M-$42.4M-$98.7M-$82.9M-$87.6M-$253.6M
Financing cash flow -$96.1M-$183.8M-$52.6M-$23.7M-$99.6M-$60.7M-$100.3M-$27.3M$12.9M$172.0M
Dividends paid $32.5M$32.5M$31.2M$26.5M$25.9M$24.6M$23.3M$21.9M$21.9M$21.8M
Buybacks $186.0M$14.2M$0$84.8M$23.4M$0$0———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-012906.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B Revenue, FY2016: 779.8M Gross profit, FY2016: 301.3M Net income, FY2016: 52.7M Revenue, FY2017: 863.7M Gross profit, FY2017: 296.3M Net income, FY2017: 33.1M Revenue, FY2018: 982.5M Gross profit, FY2018: 349.7M Net income, FY2018: 82.9M Revenue, FY2019: 1.1B Gross profit, FY2019: 397.7M Net income, FY2019: 132.4M Revenue, FY2020: 900.6M Gross profit, FY2020: 371.1M Net income, FY2020: 98.6M Revenue, FY2021: 929.2M Gross profit, FY2021: 378.4M Net income, FY2021: 118.5M Revenue, FY2022: 1B Gross profit, FY2022: 389.8M Net income, FY2022: 95.8M Revenue, FY2023: 1.1B Gross profit, FY2023: 423.7M Net income, FY2023: 111.1M Revenue, FY2024: 1.2B Gross profit, FY2024: 401.8M Net income, FY2024: 87.6M Revenue, FY2025: 1.2B Gross profit, FY2025: 243.9M Net income, FY2025: -57.3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $779.8M $863.7M $982.5M $1.05B $900.6M $929.2M $1.03B $1.15B $1.23B $1.18B
Gross profit $301.3M $296.3M $349.7M $397.7M $371.1M $378.4M $389.8M $423.7M $401.8M $243.9M
Net income $52.7M $33.1M $82.9M $132.4M $98.6M $118.5M $95.8M $111.1M $87.6M -$57.3M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.