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Albany International Corp
Previous close
$78.25
Day range
$77.22 - $79.62
Year range
$67.39 - $98.73
Market cap
2.48B USD
Avg Volume
224.36K
P/E ratio
24.79
Dividend yield
1.36%
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 298.39M | 6.15% |
Operating expense | 63.60M | 3.14% |
Net income | 18.03M | -33.49% |
Net profit margin | 6.04 | -37.34% |
Earnings per share | 0.80 | -21.57% |
EBITDA | 49.09M | -17.67% |
Effective tax rate | 6.57% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 127.22M | -25.82% |
Total assets | 1.75B | -2.07% |
Total liabilities | 756.52M | -12.90% |
Total equity | 996.68M | — |
Shares outstanding | 31.30M | — |
Price to book | 2.47 | — |
Return on assets | 3.82% | — |
Return on capital | 4.94% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 18.03M | -33.49% |
Cash from operations | 47.00M | -20.53% |
Cash from investing | -15.43M | 89.55% |
Cash from financing | -23.55M | 41.33% |
Net change in cash | 10.78M | 108.33% |
Free cash flow | 30.66M | 249.10% |
About
Albany International Corp., originally the Albany Felt Company, is an industrial-goods company based in Rochester, New Hampshire, United States. It makes two different lines of products: machine clothing, in particular, felts for use in paper manufacturing and textile processing; and composites used in the aerospace industry. Its shares trade on the New York Stock Exchange under the ticker symbol AIN. It is included in both the S&P 600 and the Russell 2000 stock indices.
The company was founded in Albany, New York, in 1895 to make felts, serving the many paper mills in the region. It grew and prospered throughout the early 20th century, even during the Great Depression. In the later half of the 20th century, it began acquiring overseas firms and expanding into the composites sector. In 2013 it moved its headquarters to New Hampshire to better serve its aerospace customers. Wikipedia
Founded
Mar 8, 1895
Headquarters
Website
Employees
5,600