Albany International Corp. (AIN) Financials

NYSE:AIN

Market Cap

2.78B

Total Revenue

1.03B

Gross Profit

389.78M

Operating Income

181.02M

Net Income

95.76M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	757,414,000	745,345,000	709,868,000	779,839,000	863,717,000	982,479,000	1,054,132,000	900,610,000	929,240,000	1,034,887,000
costOfRevenue	466,860,000	453,710,000	431,182,000	479,271,000	567,937,000	632,730,000	656,431,000	529,538,000	550,849,000	645,105,000
grossProfit	290,554,000	291,635,000	278,686,000	300,568,000	295,780,000	349,749,000	397,701,000	371,072,000	378,391,000	389,782,000
researchAndDevelopmentExpenses	55,667,000	59,128,000	44,753,000	40,304,000	41,174,000	40,582,000	37,569,000	35,347,000	38,922,000	39,941,000
sellingAndMarketingExpenses	--	--	--	--	--	1,494,000	--	--	--	--
generalAndAdministrativeExpenses	157,688,000	147,198,000	146,192,000	160,112,000	164,964,000	156,189,000	163,651,000	163,909,000	160,127,000	168,713,000
sellingGeneralAndAdministrativeExpenses	157,688,000	147,198,000	146,192,000	160,112,000	164,964,000	156,189,000	163,651,000	163,909,000	160,127,000	168,713,000
operatingExpenses	213,355,000	206,326,000	190,945,000	200,416,000	206,138,000	196,771,000	201,220,000	199,256,000	193,217,000	208,654,000
operatingIncome	52,091,000	71,360,000	63,895,000	91,776,000	76,151,000	137,408,000	193,576,000	166,080,000	178,011,000	181,022,000
totalOtherIncomeExpensesNet	-32,364,000	-7,096,000	-26,279,000	-8,422,000	-17,843,000	-19,607,000	-15,364,000	-27,006,000	-12,080,000	-49,042,000
ebitda	133,732,000	148,264,000	145,422,000	167,567,000	157,246,000	227,977,000	268,833,000	231,099,000	256,408,000	215,135,000
depreciationAndAmortization	63,789,000	64,292,000	60,114,000	67,461,000	71,956,000	79,036,000	75,257,000	65,019,000	78,397,000	34,113,000
interestIncome	1,468,000	1,541,000	1,857,000	2,077,000	1,511,000	2,118,000	2,729,000	2,748,000	2,500,000	3,835,000
interestExpense	13,759,000	10,713,000	9,984,000	13,464,000	17,091,000	18,124,000	16,921,000	13,584,000	14,891,000	14,000,000
incomeBeforeTax	31,076,000	67,500,000	51,478,000	78,266,000	54,708,000	115,247,000	178,212,000	139,074,000	165,931,000	131,980,000
incomeTaxExpense	13,372,000	25,751,000	-5,787,000	25,454,000	24,277,000	32,228,000	44,829,000	41,831,000	47,163,000	35,472,000
netIncome	17,517,000	41,569,000	57,279,000	52,733,000	30,957,000	82,891,000	132,398,000	98,589,000	118,478,000	95,762,000
eps	0.55	1.31	1.79	1.64	1.03	2.57	4.1	3.05	3.66	2.96
epsdiluted	0.55	1.3	1.79	1.64	1.03	2.57	4.1	3.05	3.65	2.96
weightedAverageShsOut	31,649,000	31,832,000	31,978,000	32,086,000	32,169,000	32,252,000	32,296,000	32,329,000	32,348,000	32,329,000
weightedAverageShsOutDil	31,934,000	31,988,000	32,088,000	32,125,000	32,244,000	32,295,000	32,296,000	32,356,000	32,463,000	32,356,000
costAndExpenses	680,215,000	660,036,000	622,127,000	679,687,000	774,075,000	829,501,000	857,651,000	728,794,000	744,066,000	853,759,000
otherExpenses	-7,256,000	-1,337,000	-2,433,000	-46,000	-4,352,000	-4,037,000	1,557,000	-13,422,000	-5,832,000	-35,042,000

Key Facts

Industry

Textile Manufacturing

Sector

Consumer Cyclical

Headquarters

Rochester, NH, US

Website

albint.com

CEO

Mr. Gunnar Kleveland

Employees

4100

About the Company

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.