AIN · Albany International Corp /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.23B | $1.15B | $1.03B | $929.24M | $900.61M |
| Cost of Revenue | $938.89M | $828.84M | $724.19M | $645.11M | $550.85M | $529.54M |
| Gross Profit | $243.92M | $401.78M | $423.72M | $389.78M | $378.39M | $371.07M |
| R&D | - | - | $40.60M | $31.40M | $29.60M | $25.80M |
| SG&A | $218.33M | $210.88M | $214.91M | $168.71M | $160.13M | $163.91M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $89.29M | $89.29M | $76.73M | $69.05M | $74.25M | $72.70M |
| Operating Income | ($36.10M) | $131.36M | $167.89M | $181.02M | $178.01M | $166.08M |
| Interest Expense | $25.76M | $16.61M | $20.17M | $17.84M | $17.39M | $16.33M |
| Income Tax | ($4.83M) | $29.03M | $48.85M | $35.47M | $47.16M | $41.83M |
| Net Income | ($57.34M) | $87.62M | $111.12M | $95.76M | $118.48M | $98.59M |
| EPS - Basic | ($1.94) | $2.81 | $3.56 | $3.06 | $3.66 | $3.05 |
| EPS - Diluted | ($1.94) | $2.80 | $3.55 | $3.04 | $3.65 | $3.05 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $112.35M | $115.28M | $173.42M | $291.78M | $302.04M | $241.32M |
| Accounts Receivable | $235.08M | $246.69M | $287.78M | $200.02M | $191.99M | $188.42M |
| Inventory | $121.59M | $145.84M | $169.57M | $139.05M | $117.88M | $110.48M |
| Accounts Payable | $64.50M | $66.09M | $87.10M | $69.71M | $68.95M | $49.17M |
| Current Assets | $928.84M | $730.69M | $877.96M | $838.44M | $758.80M | $717.28M |
| Total Assets | $1.72B | $1.65B | $1.84B | $1.64B | $1.56B | $1.55B |
| Current Liabilities | $442.30M | $226.37M | $248.68M | $211.32M | $208.17M | $190.86M |
| Long-term Debt | $455.66M | $318.53M | $452.67M | $439.00M | $350.00M | $398.00M |
| Total Liabilities | $986.61M | $699.75M | $867.69M | $774.71M | $678.46M | $730.07M |
| Stockholders' Equity | $726.21M | $943.54M | $961.37M | $863.05M | $873.97M | $816.07M |
| Retained Earnings | $976.37M | $1.07B | $1.01B | $931.32M | $863.06M | $770.75M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $152.47M | $218.44M | $148.06M | $128.21M | $217.47M | $140.25M |
| Investing Cash Flow | ($68.26M) | ($80.18M) | ($217.90M) | ($96.35M) | ($53.70M) | ($42.39M) |
| Financing Cash Flow | ($96.05M) | ($183.83M) | ($52.64M) | ($23.65M) | ($99.64M) | ($60.67M) |
| CapEx | $69.83M | $80.25M | $83.56M | $93.67M | $52.79M | $41.46M |
| Free Cash Flow | $82.64M | $138.19M | $64.50M | $34.54M | $164.68M | $98.79M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 20.6% | 32.6% | 36.9% | 37.7% | 40.7% | 41.2% |
| Operating margin | -3.1% | 10.7% | 14.6% | 17.5% | 19.2% | 18.4% |
| EBITDA margin | 4.5% | 17.9% | 21.3% | 24.2% | 27.1% | 26.5% |
| Net margin | -4.8% | 7.1% | 9.7% | 9.3% | 12.7% | 10.9% |
| Free cash flow margin | 7.0% | 11.2% | 5.6% | 3.3% | 17.7% | 11.0% |
| FCF / Net income | -1.44 | 1.58 | 0.58 | 0.36 | 1.39 | 1.00 |
| R&D / Revenue | - | - | 3.5% | 3.0% | 3.2% | 2.9% |
| SG&A / Revenue | 18.5% | 17.1% | 18.7% | 16.3% | 17.2% | 18.2% |
| Effective tax rate | - | 24.9% | 30.5% | 27.0% | 28.5% | 29.8% |
| Return on assets | -3.3% | 5.3% | 6.1% | 5.8% | 7.6% | 6.4% |
| Return on equity | -7.9% | 9.3% | 11.6% | 11.1% | 13.6% | 12.1% |
| Return on invested capital | -2.4% | 7.8% | 8.2% | 10.1% | 10.4% | 9.6% |
| Liquidity | ||||||
| Current ratio | 2.10 | 3.23 | 3.53 | 3.97 | 3.65 | 3.76 |
| Quick ratio | 1.83 | 2.58 | 2.85 | 3.31 | 3.08 | 3.18 |
| Cash ratio | 0.25 | 0.51 | 0.70 | 1.38 | 1.45 | 1.26 |
| Leverage | ||||||
| Debt / Equity | 0.63 | 0.34 | 0.47 | 0.51 | 0.40 | 0.49 |
| Debt / Assets | 0.27 | 0.19 | 0.25 | 0.27 | 0.22 | 0.26 |
| Debt / EBITDA | 8.57 | 1.44 | 1.85 | 1.76 | 1.39 | 1.67 |
| Interest coverage | -1.4x | 7.9x | 8.3x | 10.1x | 10.2x | 10.2x |
| Equity multiplier | 2.37 | 1.75 | 1.91 | 1.90 | 1.78 | 1.90 |
| Liabilities / Assets | 0.57 | 0.42 | 0.47 | 0.47 | 0.44 | 0.47 |
| Efficiency | ||||||
| Asset turnover | 0.69 | 0.75 | 0.63 | 0.63 | 0.60 | 0.58 |
| Inventory turnover | 7.72 | 5.68 | 4.27 | 4.64 | 4.67 | 4.79 |
| Days sales outstanding | 73d | 73d | 92d | 71d | 75d | 76d |
| Days inventory outstanding | 47d | 64d | 85d | 79d | 78d | 76d |
| Days payable outstanding | 25d | 29d | 44d | 39d | 46d | 34d |
| Cash conversion cycle | 95d | 108d | 133d | 110d | 108d | 119d |
| Valuation | ||||||
| P / E | - | 28.6x | 27.7x | 32.4x | 24.2x | 24.1x |
| P / B | 2.1x | 2.7x | 3.2x | 3.6x | 3.3x | 2.9x |
| P / S | 1.3x | 2.0x | 2.7x | 3.0x | 3.1x | 2.6x |
| EV / EBITDA | 34.6x | 12.3x | 13.7x | 13.0x | 11.6x | 10.6x |
| Growth | ||||||
| Revenue growth (YoY) | -3.9% | 7.2% | 10.9% | 11.4% | 3.2% | -14.6% |
| Revenue CAGR (3y) | 4.6% | 9.8% | 8.4% | -0.6% | -1.8% | 1.4% |
| Revenue CAGR (5y) | 5.6% | 3.1% | 3.2% | 3.7% | 3.6% | 4.9% |
| Gross profit growth (YoY) | -39.3% | -5.2% | 8.7% | 3.0% | 2.0% | -6.7% |
| Operating income growth (YoY) | - | -21.8% | -7.3% | 1.7% | 7.2% | -14.2% |
| Net income growth (YoY) | - | -21.1% | 16.0% | -19.2% | 20.2% | -25.5% |
| EPS growth (YoY) | - | -21.1% | 16.8% | -16.7% | 19.7% | -25.6% |
| EPS CAGR (3y) | - | -8.5% | 5.2% | -9.5% | 12.4% | 43.6% |
| EPS CAGR (5y) | - | -7.3% | 6.7% | 24.2% | 17.4% | 11.2% |
| FCF growth (YoY) | -40.2% | 114.3% | 86.7% | -79.0% | 66.7% | -25.7% |
| FCF CAGR (5y) | -3.5% | 0.8% | 4.8% | - | 81.9% | 15.9% |
| Book value growth (YoY) | -23.0% | -1.9% | 11.4% | -1.2% | 7.1% | 16.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.37B totalMachine Clothing$708.07M · 51.7%
Engineered Composites$474.75M · 34.7%
Engineered Composites ASC$173.09M · 12.6%
Engineered Composites Other$14.13M · 1.0%
Product / service
$708.07M totalAmericas PMC$351.21M · 49.6%
Eurasia PMC$277.23M · 39.2%
Engineered Fabrics$79.63M · 11.2%
Geographic
$1.18B totalUS$638.06M · 53.9%
CH$110.78M · 9.4%
Other Countries$90.86M · 7.7%
DE$77.40M · 6.5%
FR$76.36M · 6.5%
BR$68.64M · 5.8%
CN$62.34M · 5.3%
MX$58.38M · 4.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.61
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Dividends
$1.10/share trailing 12 months · +3.8% YoY
| Ex-date | Per share |
|---|---|
| Mar 20, 2026 | $0.2800 |
| Dec 16, 2025 | $0.2800 |
| Sep 2, 2025 | $0.2700 |
| Jun 6, 2025 | $0.2700 |
| Mar 21, 2025 | $0.2700 |
| Dec 17, 2024 | $0.2700 |
| Sep 3, 2024 | $0.2600 |
| Jun 7, 2024 | $0.2600 |
| Mar 14, 2024 | $0.2600 |
| Dec 18, 2023 | $0.2600 |
| Sep 1, 2023 | $0.2500 |
| Jun 6, 2023 | $0.2500 |
| Mar 16, 2023 | $0.2500 |
| Dec 23, 2022 | $0.2500 |
| Sep 2, 2022 | $0.2100 |
| Jun 6, 2022 | $0.2100 |
| Mar 18, 2022 | $0.2100 |
| Dec 27, 2021 | $0.2100 |
| Sep 3, 2021 | $0.2000 |
| Jun 4, 2021 | $0.2000 |
| Mar 18, 2021 | $0.2000 |
| Dec 21, 2020 | $0.2000 |
| Sep 4, 2020 | $0.1900 |
| Jun 4, 2020 | $0.1900 |