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Last update at 2024-11-21T14:55:00Z
JD.com and Albany International have been highlighted as Zacks Bull and Bear of the Day
Tue 15 Oct 24, 01:10 PMBear of the Day: Albany International (AIN)
Tue 15 Oct 24, 08:30 AMAlbany International Issues 2023 TCFD Report
Thu 10 Oct 24, 08:15 PMNew Strong Sell Stocks for October 9th
Wed 09 Oct 24, 10:38 AMIs Now An Opportune Moment To Examine Albany International Corp. (NYSE:AIN)?
Sat 05 Oct 24, 12:13 PMAlbany International Cuts FY24 Guidance: Aerospace Turbulence Hits Revenue And Profit Outlook
Thu 03 Oct 24, 11:59 AMThose who invested in Albany International (NYSE:AIN) three years ago are up 14%
Mon 16 Sep 24, 02:50 PMAlbany International Corp. Appoints Merle Stein as President, Machine Clothing
Fri 30 Aug 24, 12:00 PMBreakdown | 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 |
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 |
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.
216 Airport Drive, Rochester, NH, United States, 03867
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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