Albany Financial Statements From 2010 to 2024

AIN Stock  USD 88.08  0.51  0.58%   
Albany International financial statements provide useful quarterly and yearly information to potential Albany International investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Albany International financial statements helps investors assess Albany International's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Albany International's valuation are summarized below:
Gross Profit
389.8 M
Profit Margin
0.0968
Market Capitalization
2.8 B
Enterprise Value Revenue
2.734
Revenue
1.1 B
We have found one hundred twenty available fundamental signals for Albany International, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Albany International's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of April 2024, Market Cap is likely to drop to about 450.3 M. In addition to that, Enterprise Value is likely to drop to about 638.3 M

Albany International Total Revenue

848.48 Million

Check Albany International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Albany main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.5 M, Interest Expense of 37.2 M or Selling General Administrative of 186 M, as well as many exotic indicators such as Price To Sales Ratio of 2.8, Dividend Yield of 0.0176 or PTB Ratio of 1.87. Albany financial statements analysis is a perfect complement when working with Albany International Valuation or Volatility modules.
  
This module can also supplement Albany International's financial leverage analysis and stock options assessment as well as various Albany International Technical models . Check out the analysis of Albany International Correlation against competitors.
To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.

Albany International Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.2 B1.8 B1.3 B
Slightly volatile
Short and Long Term Debt Total363.5 M514.9 M381.8 M
Slightly volatile
Other Current Liabilities150 M142.9 M107 M
Slightly volatile
Total Current Liabilities181.3 M248.7 M181.6 M
Slightly volatile
Total Stockholder EquityB961.4 M628.7 M
Slightly volatile
Property Plant And Equipment Net417 M652.8 M425 M
Slightly volatile
Net Debt193.6 M341.4 M192.6 M
Pretty Stable
Retained Earnings1.1 BB616.2 M
Slightly volatile
Cash97.3 M173.4 M184.3 M
Slightly volatile
Non Current Assets Total664 M957 M709.8 M
Slightly volatile
Non Currrent Assets Other52.9 M52.1 M49.1 M
Slightly volatile
Cash And Short Term Investments97.3 M173.4 M184.3 M
Slightly volatile
Net Receivables493.6 M470.1 M256.3 M
Slightly volatile
Common Stock Shares Outstanding33.2 M31.3 M31.7 M
Slightly volatile
Liabilities And Stockholders Equity1.2 B1.8 B1.3 B
Slightly volatile
Non Current Liabilities Total496.6 M619 M500.5 M
Slightly volatile
Inventory162.6 M169.6 M120.2 M
Slightly volatile
Other Current Assets68.2 M64.9 M23.8 M
Slightly volatile
Other Stockholder Equity165.5 M83.6 M145 M
Very volatile
Total Liabilities677.8 M867.7 M682.1 M
Slightly volatile
Property Plant And Equipment Gross1.8 B1.7 B731.8 M
Slightly volatile
Total Current Assets493.3 M878 M568.6 M
Slightly volatile
Short Term Debt19.4 M11.6 M16.5 M
Pretty Stable
Intangible Assets42 M44.6 M31.2 M
Slightly volatile
Accounts Payable48.3 M87.1 M48.7 M
Slightly volatile
Current Deferred Revenue6.8 M7.1 M18.3 M
Slightly volatile
Common Stock Total Equity40.6 K47.1 K40.2 K
Slightly volatile
Common Stock40.7 K47.1 K40.2 K
Slightly volatile
Other Liabilities120 M66.8 M119.1 M
Slightly volatile
Other Assets0.951.0111.4 M
Slightly volatile
Long Term Debt395.5 M452.7 M381.6 M
Slightly volatile
Property Plant Equipment466.8 M512.5 M435.6 M
Slightly volatile
Good Will155.5 M180.2 M137.5 M
Slightly volatile
Net Tangible Assets500.5 M748.7 M469.9 M
Slightly volatile
Retained Earnings Total Equity655.5 M1.1 B619.9 M
Slightly volatile
Long Term Debt Total410.5 M504.9 M384.4 M
Slightly volatile
Capital Surpluse465.2 M507.8 M429.3 M
Slightly volatile
Deferred Long Term Liabilities19.1 M14.1 M26 M
Slightly volatile
Long Term Investments23.9 M25.1 M70.8 M
Slightly volatile
Non Current Liabilities Other27 M28.4 M112.9 M
Slightly volatile
Short and Long Term Debt3.6 M3.8 M21.4 M
Slightly volatile
Cash And Equivalents250.5 M335.5 M218 M
Slightly volatile
Net Invested Capital1.3 B1.4 B1.2 B
Slightly volatile
Net Working Capital555.5 M629.3 M451.1 M
Slightly volatile
Capital Stock44.9 K47.1 K41.1 K
Slightly volatile
Deferred Long Term Asset Charges45.7 M46.5 M57.5 M
Slightly volatile
Capital Lease Obligations41 M58 M18.7 M
Slightly volatile

Albany International Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization58.5 M76.7 M62.7 M
Slightly volatile
Selling General Administrative186 M214.9 M160.7 M
Slightly volatile
Total Revenue848.5 M1.1 B842.1 M
Slightly volatile
Gross Profit334.9 M417.4 M324.9 M
Slightly volatile
Other Operating Expenses749 M975.6 M720.1 M
Slightly volatile
EBITDA161.1 M249.1 M174.3 M
Slightly volatile
Cost Of Revenue513.6 M730.5 M517.2 M
Slightly volatile
Total Operating Expenses235.4 M245 M202.9 M
Slightly volatile
Net Income116.7 M111.1 M68.9 M
Slightly volatile
Research Development38.4 M40.6 M44.1 M
Slightly volatile
Net Income Applicable To Common Shares62.2 M110.1 M68.2 M
Slightly volatile
Selling And Marketing Expenses1.3 M1.3 MM
Slightly volatile
Non Recurring90.6 K95.4 K8.5 M
Slightly volatile
Interest Income8.3 M6.6 M8.6 M
Very volatile
Reconciled Depreciation58.8 M76.7 M71.8 M
Pretty Stable

Albany International Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow306.4 M291.8 M195.2 M
Slightly volatile
Depreciation63.7 M76.7 M66.1 M
Slightly volatile
Dividends Paid16.6 M31.2 M20.7 M
Slightly volatile
Capital Expenditures65.7 M84.4 M64.9 M
Slightly volatile
Total Cash From Operating Activities103.7 M148.1 M109.5 M
Slightly volatile
Net Income116.7 M111.1 M71.1 M
Slightly volatile
End Period Cash Flow108.3 M173.4 M186.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.82.66712.0437
Slightly volatile
Dividend Yield0.01760.01020.014
Slightly volatile
PTB Ratio1.873.18462.9429
Very volatile
Days Sales Outstanding157149103
Slightly volatile
Book Value Per Share32.3830.841719.8145
Slightly volatile
Invested Capital0.460.48290.7617
Slightly volatile
Operating Cash Flow Per Share2.444.74983.3974
Slightly volatile
Stock Based Compensation To Revenue0.00390.0060.0032
Very volatile
PB Ratio1.873.18462.9429
Very volatile
EV To Sales3.112.96462.2891
Slightly volatile
Inventory Turnover2.634.30834.3406
Slightly volatile
Net Income Per Share3.743.56492.1689
Slightly volatile
Days Of Inventory On Hand13584.720591.5264
Slightly volatile
Payables Turnover13.18.38711.5149
Slightly volatile
Sales General And Administrative To Revenue0.250.190.1974
Slightly volatile
Research And Ddevelopement To Revenue0.06530.03540.0549
Slightly volatile
Cash Per Share5.845.56355.9699
Slightly volatile
POCF Ratio10.920.678816.4061
Pretty Stable
Payout Ratio0.220.28040.374
Slightly volatile
Days Payables Outstanding25.543.519632.9836
Pretty Stable
Income Quality1.271.33241.7514
Slightly volatile
ROE0.10.11560.1078
Pretty Stable
EV To Operating Cash Flow14.522.984918.6588
Pretty Stable
PE Ratio17.4827.552330.2372
Pretty Stable
Return On Tangible Assets0.07250.0690.0563
Slightly volatile
Earnings Yield0.04240.03630.0372
Pretty Stable
Intangibles To Total Assets0.080.12250.1143
Slightly volatile
Net Debt To EBITDA2.221.37071.5962
Slightly volatile
Current Ratio2.153.53053.0683
Slightly volatile
Tangible Book Value Per Share25.0123.8214.8154
Slightly volatile
Receivables Turnover4.822.4423.9544
Slightly volatile
Graham Number52.2249.737230.594
Slightly volatile
Shareholders Equity Per Share32.3830.841719.8145
Slightly volatile
Debt To Equity0.460.48290.7617
Slightly volatile
Revenue Per Share20.3836.826226.1551
Slightly volatile
Interest Debt Per Share8.8716.028612.2356
Slightly volatile
Debt To Assets0.360.2530.3117
Slightly volatile
Enterprise Value Over EBITDA7.4213.661912.6388
Pretty Stable
Short Term Coverage Ratios12.1712.81541.7 K
Pretty Stable
Price Earnings Ratio17.4827.552330.2372
Pretty Stable
Operating Cycle231234191
Slightly volatile
Price Book Value Ratio1.873.18462.9429
Very volatile
Days Of Payables Outstanding25.543.519632.9836
Pretty Stable
Dividend Payout Ratio0.220.28040.374
Slightly volatile
Price To Operating Cash Flows Ratio10.920.678816.4061
Pretty Stable
Ebt Per Ebit0.60.9310.8341
Very volatile
Company Equity Multiplier2.951.90882.4154
Slightly volatile
Long Term Debt To Capitalization0.470.32010.4019
Slightly volatile
Total Debt To Capitalization0.50.32560.4154
Slightly volatile
Debt Equity Ratio0.460.48290.7617
Slightly volatile
Quick Ratio2.722.58762.3299
Slightly volatile
Cash Ratio0.380.69740.9755
Pretty Stable
Cash Conversion Cycle200191160
Very volatile
Operating Cash Flow Sales Ratio0.0880.1290.1219
Slightly volatile
Days Of Inventory Outstanding13584.720591.5264
Slightly volatile
Days Of Sales Outstanding157149103
Slightly volatile
Cash Flow Coverage Ratios0.230.31890.2914
Slightly volatile
Price To Book Ratio1.873.18462.9429
Very volatile
Fixed Asset Turnover1.641.75841.9659
Very volatile
Price Cash Flow Ratio10.920.678816.4061
Pretty Stable
Enterprise Value Multiple7.4213.661912.6388
Pretty Stable
Debt Ratio0.360.2530.3117
Slightly volatile
Cash Flow To Debt Ratio0.230.31890.2914
Slightly volatile
Price Sales Ratio2.82.66712.0437
Slightly volatile
Return On Assets0.03060.06060.0469
Slightly volatile
Asset Turnover0.850.62560.6844
Pretty Stable
Net Profit Margin0.10.09680.0747
Slightly volatile
Gross Profit Margin0.440.36360.3938
Pretty Stable
Price Fair Value1.873.18462.9429
Very volatile
Return On Equity0.10.11560.1078
Pretty Stable

Albany International Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap450.3 M881.6 M899.1 M
Very volatile
Enterprise Value638.3 M1.2 B1.2 B
Very volatile

Albany Fundamental Market Drivers

Cash And Short Term Investments173.4 M

Albany Upcoming Events

26th of February 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Albany International Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Albany International income statement, its balance sheet, and the statement of cash flows. Albany International investors use historical funamental indicators, such as Albany International's revenue or net income, to determine how well the company is positioned to perform in the future. Although Albany International investors may use each financial statement separately, they are all related. The changes in Albany International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Albany International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Albany International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Albany International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue7.1 M6.8 M
Total Revenue1.1 B848.5 M
Cost Of Revenue730.5 M513.6 M
Stock Based Compensation To Revenue 0.01  0 
Sales General And Administrative To Revenue 0.19  0.25 
Research And Ddevelopement To Revenue 0.04  0.07 
Capex To Revenue(0.07)(0.08)
Revenue Per Share 36.83  20.38 
Ebit Per Revenue 0.15  0.11 

Pair Trading with Albany International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albany International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albany International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Albany Stock

  0.65AS Amer SportsPairCorr

Moving against Albany Stock

  0.47VIRC Virco Manufacturing Report 26th of April 2024 PairCorr
  0.43ELMSQ Electric Last MilePairCorr
The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albany International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albany International to buy it.
The correlation of Albany International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albany International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Albany International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albany International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albany International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albany International Stock:
Check out the analysis of Albany International Correlation against competitors.
To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Albany International's price analysis, check to measure Albany International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Albany International is operating at the current time. Most of Albany International's value examination focuses on studying past and present price action to predict the probability of Albany International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albany International's price. Additionally, you may evaluate how the addition of Albany International to your portfolios can decrease your overall portfolio volatility.
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Is Albany International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albany International. If investors know Albany will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albany International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.677
Dividend Share
1.01
Earnings Share
3.55
Revenue Per Share
36.826
Quarterly Revenue Growth
0.204
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albany International's market value can be influenced by many factors that don't directly affect Albany International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.