Albany International (AIN) AI Stock Analysis

• Market Cap: $1.57B
• Dividend Yield: 2.13%
• Average Volume (3M): 510.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: -9.37%
• EPS Growth: -160.13%
• Country: US
• Employees: 5,400
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.65
• Shares Outstanding: 28,700,000
• 10 Day Avg. Volume: 382,553
• 30 Day Avg. Volume: 510,012
• PEG Ratio: 0.15
• Price to Book (P/B): 1.99
• Price to Sales (P/S): 1.22
• P/FCF Ratio: 17.50
• Enterprise Value/Market Cap: 1.28
• Enterprise Value/Revenue: 1.71
• Enterprise Value/Gross Profit: 8.28
• Enterprise Value/Ebitda: 32.56
• 1Y Price Target: $51.00
• Price Target Upside: -10.38% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3
• EPS Forecast (FY): 2.59
• Revenue Forecast (FY): $1.12B

• Rating: 51 Neutral
• Price Target: $55.00 ▼(-3.36% Downside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is held back primarily by 2025’s sharp profitability deterioration and a weakening leverage trend, despite still-positive free cash flow. Technicals remain soft with the stock trading below key moving averages. The latest earnings call adds some support via strong Engineered Composites momentum and expectations of recovery after a near-term Q1 disruption, while valuation is constrained by a negative P/E despite a modest dividend yield.

Positive Factors

Engineered Composites growth

A ~45% YoY revenue lift and material segment EBITDA improvement reflect durable program ramps (LEAP, missile, F‑35). These long‑cycle aerospace and defense contracts create multi-year revenue visibility, technology stickiness and higher structural margins as production rates normalize.

Consistent free cash flow generation

Positive FCF (~$81M) despite a net loss demonstrates strong cash conversion and resilience. Reliable cash generation funds capex and R&D, supports dividends and buybacks, and provides financial flexibility to invest in growth or shore up operations through cyclical downturns.

Strategic portfolio review

A strategic review of the Salt Lake structures assembly business signals active portfolio management. Divesting lower‑return assembly operations would reallocate capital and management focus toward differentiated, higher‑margin composite technologies and improve long‑term returns if executed well.

Negative Factors

Profitability deterioration

A swing to net loss and negative EBITDA margin in 2025 is a material structural concern. Sustained margin weakness erodes equity, limits reinvestment and shareholder returns, and requires sustained operational improvements or pricing/mix shifts to restore durable profitability.

Rising leverage trend

Debt/equity rising materially in one year reduces balance sheet flexibility. Higher leverage increases interest expense and refinancing risk, constraining capacity for capex, M&A, or buybacks if cash flow weakens, and amplifying downside in a prolonged earnings recovery.

Machine Clothing structural headwinds

Secular declines in publication grades and persistent China weakness shrink the addressable Machine Clothing market. Prolonged lower volumes and regional oversupply pressure segment revenue and margins, making recovery slow and limiting the firm's ability to offset aerospace cyclicality from this division.

Albany International Business Overview & Revenue Model

Company Description

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, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; 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, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

How the Company Makes Money

Albany International generates revenue primarily through the sale of its engineered composite products and machine clothing solutions. The Engineered Composites segment earns money by providing high-performance materials for aerospace and defense applications, where demand is driven by advancements in technology and the need for lightweight, durable parts. The Machine Clothing segment derives revenue from the sale of fabrics used in the paper manufacturing process, with contracts often structured to include both product sales and ongoing service agreements. Key revenue streams are bolstered by long-term contracts with major aerospace manufacturers and partnerships with leading companies in the paper industry, which help stabilize income and ensure a steady demand for its products. Additionally, Albany International invests in research and development to innovate new materials and applications, further enhancing its market position and potential revenue growth.

Albany International Financial Statement Overview

Summary

Financials weakened notably in 2025 as profitability turned negative (net loss and negative EBITDA margin), reversing stronger 2021–2024 results. Balance sheet leverage increased (higher debt-to-equity and lower equity), though it remains manageable. Cash flow is a partial offset, with operating cash flow and free cash flow still positive, albeit down versus 2024.

Income Statement

The earnings profile has deteriorated materially in the latest annual period (2025), with revenue roughly flat-to-up over time but profitability turning negative (net loss and negative EBITDA margin). This is a sharp reversal from 2021–2024, when the company delivered solid operating and net margins, suggesting recent cost pressure, pricing/mix headwinds, or one-time charges. While revenue growth was positive in 2025, the margin collapse is the key weakness and drives the below-average score.

Balance Sheet

Leverage remains moderate but has trended worse recently: debt-to-equity increased to ~0.63 in 2025 from ~0.41 in 2024, alongside a meaningful decline in equity. Total assets are relatively stable, but the company posted a negative return on equity in 2025, reflecting the earnings downturn. Overall, the balance sheet looks manageable, but the direction of leverage and equity erosion is a clear risk if weak profitability persists.

Cash Flow

Cash generation is a relative bright spot: operating cash flow and free cash flow stayed positive in 2025, even with a net loss, indicating earnings were not matched by a cash burn. That said, free cash flow declined in 2025 versus 2024, and cash flow covered only a modest portion of debt, limiting near-term financial flexibility if conditions don’t improve. Still, consistently positive free cash flow across the periods supports a better score than earnings.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.18B	1.23B	1.15B	1.03B	929.24M
Gross Profit	243.92M	401.78M	423.72M	389.78M	378.39M
EBITDA	50.34M	131.36M	257.36M	218.86M	257.58M
Net Income	-57.34M	87.62M	111.12M	95.76M	118.48M
Balance Sheet
Total Assets	1.72B	1.65B	1.84B	1.64B	1.56B
Cash, Cash Equivalents and Short-Term Investments	112.35M	115.28M	173.42M	291.78M	302.04M
Total Debt	455.66M	387.20M	514.86M	495.12M	380.85M
Total Liabilities	986.61M	699.75M	867.69M	774.71M	678.46M
Stockholders Equity	726.21M	943.54M	961.37M	863.05M	873.97M
Cash Flow
Free Cash Flow	82.64M	138.19M	64.50M	31.87M	163.78M
Operating Cash Flow	152.47M	218.44M	148.06M	128.21M	217.47M
Investing Cash Flow	-68.26M	-80.18M	-217.90M	-96.35M	-53.70M
Financing Cash Flow	-96.05M	-183.83M	-52.64M	-23.65M	-99.64M

Albany International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 56.91
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIN, the sentiment is Negative. The current price of 56.91 is below the 20-day moving average (MA) of 57.49, above the 50-day MA of 55.45, and below the 200-day MA of 58.88, indicating a neutral trend. The MACD of 0.49 indicates Positive momentum. The RSI at 49.52 is Neutral, neither overbought nor oversold. The STOCH value of 41.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AIN.

Albany International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GIII	71 Outperform	$1.31B	9.35	8.61%	―	-2.61%	-11.87%
SGC	66 Neutral	$158.57M	27.27	2.86%	5.74%	-0.44%	-55.22%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
AIN	51 Neutral	$1.57B	-28.16	-6.19%	2.13%	-9.37%	-160.13%
UFI	51 Neutral	$73.21M	-3.12	-9.61%	―	-5.26%	42.84%
LAKE	45 Neutral	$93.55M	-2.14	-28.97%	1.35%	27.42%	-5275.12%

Albany International Corporate Events

Albany International Explores Sale of Salt Lake Facility

On November 25, 2025, Albany International Corp. discussed its exploration of strategic alternatives for its structures assembly business, including a potential sale of its Amelia Earhart Drive Facility in Salt Lake City. The company is selecting a financial advisor and developing financial models for the facility, with interest primarily from private equity investors. Ongoing discussions with customers aim to adjust contracts to offset cost increases. If the divestiture is completed, the company expects the Adjusted EBITDA margin for its Albany Engineered Composites segment to be in the mid to high teens.

The most recent analyst rating on (AIN) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on Albany International stock, see the AIN Stock Forecast page.