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
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
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)
UAA$5.11B
PZZA$2.09B
$1.42B
Gross Margin (Latest Quarter)
97.1%
MCW62.4%
62.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| UAA | $1.94B | 19.1 | 5.3% | 34.4% |
| MCRI | $1.74B | 21.2 | 15.4% | 1.9% |
| MCW | $1.67B | 18.2 | 8.8% | 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%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Jul 30, 2025|Revenue: $311.40M-6.2%|EPS: $0.31-60.8%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 30, 2025|Revenue: $288.77M-7.8%|EPS: $0.56-35.6%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 26, 2025|Revenue: $1.23B+7.2%|EPS: $2.81-21.1%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 30, 2024|Revenue: $298.39M+6.1%|EPS: $0.58-33.3%MeetForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 6, 2024|Revenue: $331.99M+21.1%|EPS: $0.79-8.1%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: Apr 29, 2024|Revenue: $313.33M+16.4%|EPS: $0.87+1.2%MeetForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 26, 2024|Revenue: $1.15B+10.9%|EPS: $3.56+16.3%Beat