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Albany International Corp.

Albany International Corp.

NYSE•AIN
CEO: Mr. Gunnar Kleveland
Sector: Consumer Cyclical
Industry: Apparel - Manufacturers
Listing Date: 1987-09-30
Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. 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, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; 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, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.
Contact Information
216 Airport Drive, Rochester, NH, 03867, United States
603-330-5800
www.albint.com
Market Cap
$1.36B
P/E (TTM)
-25.2
23.9
Dividend Yield
2.4%
52W High
$88.13
52W Low
$43.87
52W Range
3%
4.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$261.43M-12.38%
4-Quarter Trend

EPS

-$3.25-660.34%
4-Quarter Trend

FCF

$25.91M-17.93%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Net Loss Net loss reached $(71.0M) USD for nine months, a 200.9% decline from prior year profit of $70.3M USD.
Gross Profit Collapse Gross profit fell 53.7% to $144.1M USD, driven by major AEC contract profitability adjustments recognized.
AEC Contract Loss AEC recognized $157.6M loss reserve on CH-53K contracts over nine months, severely impacting segment results.
Operating Cash Flow Drop Operating cash flow decreased to $78.8M USD for nine months, down from $140.0M USD last year.

Risk Factors

AEC Profitability Deterioration Major adverse profitability adjustments on CH-53K contracts caused significant operating losses across AEC segment.
MC Revenue Declines MC segment revenues expected to decline further due to reduced demand in Asia, especially in China markets.
Restructuring Costs Rise Total restructuring expense increased 50.3% to $9.9M USD for nine months due to workforce reductions and impairments.
Interest Expense Rises Net interest expense increased 69.4% to $14.7M USD due to higher average debt balances outstanding.

Outlook

Exploring AEC Alternatives AEC initiated strategic review for structures assembly business, potentially including sale of part of the business.
Corporate Consolidation Costs Consolidating corporate headquarters to Portsmouth, NH, incurring estimated $7.0M in related retention and relocation costs.
Share Repurchase Authorization Board authorized $250M share repurchase program, repurchasing $171.0M in first nine months of 2025.
MC Cost Control Focus MC plans future earnings improvement via cost controls and manufacturing productivity efficiencies despite pricing pressure.

Peer Comparison

Revenue (TTM)

Under Armour, Inc.UAA
$5.11B
-8.1%
Papa John's International, Inc.PZZA
$2.09B
-0.6%
Blue Bird CorporationBLBD
$1.42B
+9.3%

Gross Margin (Latest Quarter)

Winmark CorporationWINA
97.1%
+0.1 pp
Mister Car Wash, Inc.MCW
62.4%
+3.6 pp
Canada Goose Holdings Inc.GOOS
62.4%
+35.7 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
UAA$1.94B19.15.3%34.4%
MCRI$1.74B21.215.4%1.9%
MCW$1.67B18.28.8%29.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.1%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 6, 2025|
    Revenue: $261.43M-12.4%
    |
    EPS: $-3.25-660.3%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 30, 2025|
    Revenue: $311.40M-6.2%
    |
    EPS: $0.31-60.8%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 30, 2025|
    Revenue: $288.77M-7.8%
    |
    EPS: $0.56-35.6%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 26, 2025|
    Revenue: $1.23B+7.2%
    |
    EPS: $2.81-21.1%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 30, 2024|
    Revenue: $298.39M+6.1%
    |
    EPS: $0.58-33.3%
    Meet
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 6, 2024|
    Revenue: $331.99M+21.1%
    |
    EPS: $0.79-8.1%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 29, 2024|
    Revenue: $313.33M+16.4%
    |
    EPS: $0.87+1.2%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 26, 2024|
    Revenue: $1.15B+10.9%
    |
    EPS: $3.56+16.3%
    Beat