Albany International (AIN) AI Stock Analysis

• Market Cap: $1.47B
• Dividend Yield: 2.12%
• 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): 0.71
• Shares Outstanding: 28,700,000
• 10 Day Avg. Volume: 382,553
• 30 Day Avg. Volume: 510,012
• PEG Ratio: -1.35
• Price to Book (P/B): 2.65
• Price to Sales (P/S): 2.03
• P/FCF Ratio: 18.07
• Enterprise Value/Market Cap: 1.31
• Enterprise Value/Revenue: 1.68
• Enterprise Value/Gross Profit: 8.21
• Enterprise Value/Ebitda: 31.64
• 1Y Price Target: $54.67
• Price Target Upside: 6.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): 2.67
• Revenue Forecast (FY): $1.18B

• Rating: 56 Neutral
• Price Target: $51.00 ▼(-0.20% Downside)

Albany International's overall stock score reflects significant challenges in financial performance and valuation, with declining revenue and profitability. Technical indicators suggest bearish momentum, and the strategic review adds uncertainty. However, the company's focus on core technology and potential strategic realignment offer some positive outlook for future recovery.

Positive Factors

Strategic Focus on Core Technology

Focusing on 3D woven technology aligns with high-margin opportunities, enhancing long-term profitability and competitive positioning.

Strong Performance in Engineered Composites

Sustained growth in Engineered Composites indicates robust demand and potential for continued expansion in aerospace and defense sectors.

Machine Clothing Segment Stability

High EBITDA margins in Machine Clothing reflect operational efficiency and a stable revenue base, supporting overall financial health.

Negative Factors

CH-53K Program Loss

The significant loss on the CH-53K program highlights execution risks and impacts profitability, necessitating strategic adjustments.

Decline in Third Quarter Revenue

Revenue decline indicates market challenges and pressures on sales, affecting short-term financial performance and cash flow.

Withdrawal of Full Year 2025 Guidance

Withdrawing guidance adds uncertainty to future performance expectations, complicating strategic planning and investor confidence.

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

Albany International faces challenges with declining revenue and profitability in the TTM period, impacting its income statement and cash flow. However, the balance sheet remains stable with moderate leverage and a solid capital structure. The company has shown resilience in previous years, indicating potential for recovery.

Income Statement

Albany International's income statement shows a decline in revenue growth with a negative rate of -3.12% in the TTM period, indicating a challenging market environment. The gross profit margin has decreased from 40.72% in 2021 to 31.61% in the TTM, reflecting pressure on profitability. The net profit margin has also turned negative at -5.25%, highlighting operational challenges. However, the company has shown resilience in previous years with positive growth rates and margins.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.50 in the TTM, suggesting a balanced approach to leverage. The return on equity has decreased to 6.69% in the TTM, indicating reduced profitability. The equity ratio remains stable, reflecting a solid capital structure. Overall, the company maintains a stable financial position despite recent profitability challenges.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth at -5.88% in the TTM, indicating potential liquidity concerns. The operating cash flow to net income ratio is 0.73, suggesting adequate cash generation relative to earnings. The free cash flow to net income ratio of 0.60 indicates a reasonable conversion of earnings to cash. Despite recent declines, the company has historically maintained strong cash flow metrics.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.15B	1.23B	1.15B	1.03B	929.24M	900.61M
Gross Profit	234.38M	401.78M	423.72M	389.78M	378.39M	371.07M
EBITDA	60.82M	131.36M	257.36M	218.86M	257.58M	228.11M
Net Income	-53.54M	87.62M	111.12M	95.76M	118.48M	98.59M
Balance Sheet
Total Assets	1.70B	1.65B	1.84B	1.64B	1.56B	1.55B
Cash, Cash Equivalents and Short-Term Investments	108.31M	115.28M	173.42M	291.78M	302.04M	241.32M
Total Debt	481.54M	387.20M	514.86M	495.12M	380.85M	433.59M
Total Liabilities	956.59M	699.75M	867.69M	774.71M	678.46M	730.07M
Stockholders Equity	739.30M	943.54M	961.37M	863.05M	873.97M	816.07M
Cash Flow
Free Cash Flow	90.30M	138.19M	64.50M	31.87M	163.78M	98.79M
Operating Cash Flow	157.23M	218.44M	148.06M	128.21M	217.47M	140.25M
Investing Cash Flow	-64.69M	-80.18M	-217.90M	-96.35M	-53.70M	-42.39M
Financing Cash Flow	-110.33M	-183.83M	-52.64M	-23.65M	-99.64M	-60.67M

Albany International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 51.10
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIN, the sentiment is Positive. The current price of 51.1 is above the 20-day moving average (MA) of 49.51, above the 50-day MA of 51.00, and below the 200-day MA of 61.01, indicating a neutral trend. The MACD of 0.46 indicates Negative momentum. The RSI at 56.10 is Neutral, neither overbought nor oversold. The STOCH value of 35.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$1.30B	9.11	8.61%	―	-2.61%	-11.87%
SGC	66 Neutral	$156.49M	26.81	2.86%	5.71%	-0.44%	-55.22%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
AIN	56 Neutral	$1.47B	-26.33	-6.19%	2.12%	-9.37%	-160.13%
HBI	49 Neutral	―	―	140.06%	―	-19.47%	―
UFI	44 Neutral	$59.86M	-2.45	-9.61%	―	-5.26%	42.84%
LAKE	42 Neutral	$79.33M	-1.99	-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.

Albany International Explores Sale of Structures Assembly Unit

Albany International Corp. announced on October 28, 2025, that it is considering strategic alternatives for its structures assembly business, including a potential sale, due to challenges in executing a fixed-price contract for the CH-53K program. The company expects to recognize a $147 million loss reserve adjustment in the third quarter of 2025 due to increased labor and material costs. Despite these challenges, Albany’s AEC segment continues to perform well in other areas, and the company is exploring exiting the structures assembly business to focus on higher-margin opportunities. This move could enhance Albany’s strategic focus and long-term profitability, despite the current financial setback.