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Albany International Corporation

Consumer Cyclical US AIN

84.95USD
1.39(1.66%)

Last update at 2024-11-21T14:55:00Z

Day Range

84.0485.25
LowHigh

52 Week Range

77.99114.12
LowHigh

Fundamentals

  • Previous Close 83.56
  • Market Cap3073.20M
  • Volume17572
  • P/E Ratio31.17
  • Dividend Yield1.06%
  • EBITDA238.60M
  • Revenue TTM1093.11M
  • Revenue Per Share TTM35.09
  • Gross Profit TTM 389.78M
  • Diluted EPS TTM3.16

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 131.98M 165.93M 139.07M 178.21M 115.25M
Minority interest -0.74600M 0.29M -1.34600M 0.98M 0.13M
Net income 95.76M 118.48M 98.59M 132.40M 82.89M
Selling general administrative 168.71M 160.13M 163.91M 163.65M 156.19M
Selling and marketing expenses - - - - 1.49M
Gross profit 389.78M 378.39M 371.07M 397.70M 349.75M
Reconciled depreciation 69.05M 74.25M 72.70M 70.80M 79.04M
Ebit 181.02M 178.01M 166.08M 193.58M 148.94M
Ebitda 215.13M 256.41M 231.10M 268.83M 227.98M
Depreciation and amortization 34.11M 78.40M 65.02M 75.26M 79.04M
Non operating income net other 17.92M 5.31M -10.67400M 4.29M -1.91900M
Operating income 181.02M 178.01M 166.08M 193.58M 137.41M
Other operating expenses 853.76M 744.07M 728.79M 857.65M 829.50M
Interest expense 14.00M 14.89M 13.58M 16.92M 18.12M
Tax provision 35.47M 47.16M 41.83M 44.83M 32.23M
Interest income 14.00M 14.89M 13.58M 2.73M 2.12M
Net interest income -14.00000M -14.89100M -13.58400M -17.26900M -18.54100M
Extraordinary items - - 0.00000M 0.00000M -0.59700M
Non recurring 0.11M 1.33M 5.74M 2.90M 15.57M
Other items - - - - -
Income tax expense 35.47M 47.16M 41.83M 44.83M 32.23M
Total revenue 1034.89M 929.24M 900.61M 1054.13M 982.48M
Total operating expenses 208.65M 193.22M 199.26M 201.22M 196.77M
Cost of revenue 645.11M 550.85M 529.54M 656.43M 632.73M
Total other income expense net -49.04200M -12.08000M -27.00600M -15.36400M -19.60700M
Discontinued operations - - - - -
Net income from continuing ops 96.51M 118.77M 97.24M 133.38M 83.02M
Net income applicable to common shares 95.76M 118.48M 98.59M 132.40M 82.89M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1642.26M 1556.06M 1549.94M 1474.37M 1417.99M
Intangible assets 33.81M 39.08M 46.87M 52.89M 49.21M
Earning assets - - - - -
Other current assets 50.96M 32.39M 31.83M 24.14M 21.29M
Total liab 774.71M 678.46M 730.07M 771.68M 809.71M
Total stockholder equity 863.05M 873.97M 816.07M 698.68M 605.25M
Deferred long term liab 15.64M 12.50M 10.78M 12.23M 8.42M
Other current liab 135.68M 133.88M 141.68M 137.50M 129.03M
Common stock 0.04M 0.04M 0.04M 0.04M 0.04M
Capital stock 0.04M 0.04M 0.04M 0.04M 0.04M
Retained earnings 931.32M 863.06M 770.75M 698.50M 589.64M
Other liab 74.21M 120.29M 141.21M 102.35M 96.70M
Good will 178.22M 182.12M 187.55M 180.93M 164.38M
Other assets 118.22M 139.64M 149.68M 136.18M 143.62M
Cash 291.78M 302.04M 241.32M 195.54M 197.75M
Cash and equivalents 291.78M 302.04M 241.32M 195.54M 197.75M
Total current liabilities 211.32M 208.17M 190.86M 202.72M 189.31M
Current deferred revenue - - - - 6.81M
Net debt 153.15M 47.96M 156.69M 228.49M 327.18M
Short term debt 5.93M 5.34M 0.00900M 0.02M 1.22M
Short long term debt - - 0.00900M 0.02M 1.22M
Short long term debt total 444.93M 350.00M 398.01M 424.03M 524.93M
Other stockholder equity 76.62M 156.85M 177.69M 176.13M 173.95M
Property plant equipment 445.66M 436.42M 448.55M 466.46M 462.06M
Total current assets 838.44M 758.80M 717.28M 618.33M 593.05M
Long term investments 27.91M 31.85M 36.27M 41.23M 45.06M
Net tangible assets 651.02M 652.76M 581.64M 464.86M 391.66M
Short term investments - - - - -
Net receivables 356.65M 306.49M 333.65M 303.50M 288.10M
Long term debt 439.00M 350.00M 398.00M 424.01M 523.71M
Inventory 139.05M 117.88M 110.48M 95.15M 85.90M
Accounts payable 69.71M 68.95M 49.17M 65.20M 52.25M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 4.49M 3.64M 3.80M 4.01M 3.03M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -144.92700M -145.98400M -132.40800M -175.98100M -158.38800M
Additional paid in capital - - - - -
Common stock total equity 0.04M 0.04M 0.04M 0.04M 0.04M
Preferred stock total equity - - - - -
Retained earnings total equity 931.32M 863.06M 770.75M 698.50M 589.64M
Treasury stock -364.92300M -280.14300M -256.00900M -256.39100M -256.60300M
Accumulated amortization - - - - -
Non currrent assets other 130.93M 81.42M 74.66M 62.89M 41.62M
Deferred long term asset charges - - - 51.62M 62.62M
Non current assets total 803.82M 797.26M 832.66M 856.03M 824.94M
Capital lease obligations 56.12M 30.85M 35.58M 5.86M -
Long term debt total 439.00M 350.00M 398.00M 424.01M 523.71M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -96.34800M -53.69900M -42.39000M -98.74800M -82.88600M
Change to liabilities 1.85M -5.47200M -15.94000M 0.54M 16.73M
Total cashflows from investing activities -96.34800M -53.69900M -42.39000M -98.74800M -82.88600M
Net borrowings 89.00M -48.00900M -28.45200M -75.01700M -3.88200M
Total cash from financing activities -23.65200M -99.63500M -60.66900M -100.30700M -27.25800M
Change to operating activities -2.89600M -9.05500M -8.65000M -21.12300M -23.14500M
Net income 96.51M 118.77M 97.24M 133.38M 83.02M
Change in cash -10.26000M 60.72M 45.78M -2.21500M 14.03M
Begin period cash flow 302.04M 241.32M 195.54M 197.75M 183.73M
End period cash flow 291.78M 302.04M 241.32M 195.54M 197.75M
Total cash from operating activities 128.21M 217.47M 140.25M 200.35M 132.49M
Issuance of capital stock - - - - -
Depreciation 69.05M 74.25M 72.70M 70.80M 79.04M
Other cashflows from investing activities -2.67300M -0.90600M -0.92700M -31.39000M -1.30700M
Dividends paid -26.46500M -25.89400M -24.56800M -23.25100M 21.93M
Change to inventory -24.54100M -9.94200M -13.68500M -8.92300M -0.96800M
Change to account receivables -14.30100M -7.73400M 31.52M 9.59M -19.13900M
Sale purchase of stock -84.78000M -23.44900M 0.06M 0.11M 0.20M
Other cashflows from financing activities 161.25M -0.99800M 72.13M 44.14M 24.58M
Change to netincome 2.93M 1.73M 0.88M 19.49M 15.34M
Capital expenditures 96.35M 53.70M 42.39M 67.95M 82.89M
Change receivables -14.30100M -7.73400M 31.52M 9.59M -19.13900M
Cash flows other operating -3.27500M 45.87M -32.47500M -24.51600M -41.52900M
Exchange rate changes - - - -3.51200M -8.31300M
Cash and cash equivalents changes 8.21M 64.14M 37.19M -2.21500M 14.03M
Change in working capital -75.42200M 11.67M -59.46900M -23.76500M -46.40500M
Stock based compensation 4.53M 3.15M 1.50M 2.06M 2.20M
Other non cash items 42.05M -2.54900M 17.17M 4.17M 5.66M
Free cash flow 31.87M 163.78M 97.86M 132.40M 49.60M

Peer Comparison

Sector: Consumer Cyclical Industry: Textile Manufacturing

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AIN
Albany International Corporation
1.39 1.66% 84.95 31.17 - 2.71 3.24 3.06 15.64
TRYIF
Toray Industries Inc
- -% 5.60 26.68 - 0.0034 0.69 0.0055 0.06
TRYIY
Toray Industries Inc ADR
0.17 1.46% 11.79 27.59 - 0.0035 0.69 0.0055 0.06
CGGGF
Coats Group plc
- -% 1.20 30.78 9.75 0.99 2.42 1.40 9.71
ECNLF
Aquafil S.p.A
- -% 1.30 8.61 13.02 0.29 1.57 0.74 8.60

Reports Covered

Stock Research & News

Profile

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, towels, nonwovens, building products, tannery, and textiles. This segment offers forming, pressing, and drying fabrics, as well as process 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, Brazil, China, France, Mexico, Italy, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Albany International Corporation

216 Airport Drive, Rochester, NH, United States, 03867

Key Executives

Name Title Year Born
Mr. Andrew William Higgins Pres, CEO & Director 1958
Mr. Stephen M. Nolan CFO & Treasurer 1969
Mr. Joseph M. Gaug VP, Sec. & Gen. Counsel 1963
Mr. Daniel A. Halftermeyer Pres of Machine Clothing 1961
Mr. Gregory N. Harwell Pres of Albany Engineered Composites 1964
Mr. Robert A. Hansen Sr. VP & CTO 1957
Mr. John B. Hobbs Director of Investor Relations NA
Susan Siegel VP of Corp. Communications NA
Ms. Alice McCarvill Exec. VP of HR & Chief HR Officer 1965
Ms. Elisabeth Indriani VP & Controller 1976

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