Albany International (AIN) AI Stock Analysis

• Market Cap: $1.89B
• Dividend Yield: 1.67%
• Average Volume (3M): 338.02K
• Price to Earnings (P/E): 32.4
• Beta (1Y): 1.29
• Revenue Growth: -5.16%
• EPS Growth: -42.62%
• Country: US
• Employees: 5,400
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.57
• Shares Outstanding: 29,500,000
• 10 Day Avg. Volume: 316,263
• 30 Day Avg. Volume: 338,020
• 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: 1.30
• Enterprise Value/Revenue: 2.07
• Enterprise Value/Gross Profit: 6.55
• Enterprise Value/Ebitda: 13.98
• 1Y Price Target: $65.00
• Price Target Upside: 1.67% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 67 Neutral
• Price Target: $67.00 ▲(4.80% Upside)

Albany International's overall stock score is driven by strong financial performance and positive corporate events. However, technical indicators suggest a bearish trend, and valuation metrics indicate potential overvaluation. The mixed earnings call outlook further tempers the score.

Positive Factors

Long-term Growth Prospects

There is a constructive view on the long-term upside of the AEC business due to expected improvements in aerospace build rates and tailwinds within Defense.

Operational Improvement

Overall operations may improve from here and the company's AEC segment could get a boost from increased LEAP production and more steady overall performance across its programs as new leadership and processes take hold.

Negative Factors

Operational Challenges

AIN continues to encounter negative EACs and overall operational performance headwinds in its AEC segment.

Performance Impact

The MC segment performance has been negatively impacted by market headwinds, timing, and the lack of material progress on the Heimbach acquisition.

Profitability Concerns

More charges on key AEC programs reinforce a tough path ahead for profitability.

Albany International Business Overview & Revenue Model

Company Description

Albany International Corp. (AIN) is a global advanced textiles and materials company that operates primarily in two segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment provides engineered fabrics used in the production of paper, and other industrial applications, while the Albany Engineered Composites segment specializes in the design and manufacture of advanced composite structures for aerospace and defense applications. The company's core products include paper machine clothing, composite materials, and aerospace components, catering to a diverse range of industries worldwide.

How the Company Makes Money

Albany International generates revenue primarily through the sale of its specialized textile products and engineered composites. The Machine Clothing segment accounts for a significant portion of the company's revenue, as it supplies critical components for paper manufacturing processes to various paper mills globally. Additionally, the Albany Engineered Composites segment earns revenue by providing advanced composite solutions to aerospace manufacturers, particularly for components used in commercial and military aircraft. Key revenue streams include long-term contracts with major clients in the aerospace and paper industries, as well as ongoing product development and innovation that enhance customer offerings. Strategic partnerships with leading aerospace manufacturers and paper companies also play a vital role in driving sales and expanding market presence.

Albany International Financial Statement Overview

Summary

Albany International shows strong profitability margins and a stable balance sheet with moderate leverage. However, declining revenues and free cash flow growth pose potential risks, requiring attention to revenue contraction for sustainable growth.

Income Statement

Albany International exhibits a robust income statement with strong gross and net profit margins. The TTM (Trailing-Twelve-Months) gross profit margin is approximately 31.6%, while the net profit margin is 5.3%. However, there is a notable decline in revenue compared to the previous year, indicating a revenue growth rate of -3.7%. EBIT and EBITDA margins are solid at 8.4% and 12.6% respectively, though they also showed a decrease due to reduced revenue.

Balance Sheet

The company's balance sheet is strong, with a debt-to-equity ratio of 0.50, reflecting moderate leverage. Return on equity (ROE) stands at 7.0% TTM, which, while lower than the previous year, remains reasonable. The equity ratio is healthy at 51.6%, indicating solid financial stability with more than half of the assets financed by equity.

Cash Flow

Despite a decline in free cash flow, Albany International maintains a strong operating cash flow to net income ratio of 2.57 TTM, indicating efficient cash generation. The free cash flow to net income ratio is 1.55, showing good cash profitability. However, the free cash flow growth rate is negative at -30.4%, signaling potential challenges in funding operations from internal cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.19B	1.23B	1.15B	1.03B	929.24M	900.61M
Gross Profit	374.70M	401.78M	417.37M	389.78M	378.39M	371.07M
EBITDA	175.56M	131.36M	257.82M	218.71M	251.10M	223.47M
Net Income	62.25M	87.62M	111.12M	95.76M	118.48M	98.59M
Balance Sheet
Total Assets	1.72B	1.65B	1.84B	1.64B	1.56B	1.55B
Cash, Cash Equivalents and Short-Term Investments	106.69M	115.28M	173.42M	291.78M	302.04M	241.32M
Total Debt	444.69M	387.20M	514.86M	444.93M	350.00M	398.01M
Total Liabilities	829.34M	699.75M	867.69M	774.71M	678.46M	730.07M
Stockholders Equity	888.61M	943.54M	961.37M	863.05M	873.97M	816.07M
Cash Flow
Free Cash Flow	96.21M	138.19M	63.63M	31.87M	163.78M	97.86M
Operating Cash Flow	160.28M	218.44M	148.06M	128.21M	217.47M	140.25M
Investing Cash Flow	-61.84M	-80.18M	-217.90M	-96.35M	-53.70M	-42.39M
Financing Cash Flow	-110.11M	-183.83M	-52.64M	-23.65M	-99.64M	-60.67M

Albany International Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 63.93
• 50DMA: Negative
• 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 Neutral. The current price of 63.93 is above the 20-day moving average (MA) of 61.71, below the 50-day MA of 66.78, and below the 200-day MA of 72.20, indicating a neutral trend. The MACD of -0.71 indicates Negative momentum. The RSI at 48.88 is Neutral, neither overbought nor oversold. The STOCH value of 69.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	$1.15B	6.15	12.21%	―	1.72%	13.75%
SGC	71 Outperform	$209.34M	25.12	4.22%	4.15%	4.02%	-24.80%
AIN	67 Neutral	$1.89B	32.43	6.71%	1.67%	-5.16%	-42.62%
Sector *	61 Neutral	$17.75B	12.56	-5.49%	3.02%	1.43%	-14.12%
LAKE	55 Neutral	$147.19M	―	-17.61%	0.78%	34.28%	-495.11%
HBI	55 Neutral	$2.22B	14.10	154.00%	―	-27.88%	―
UFI	42 Neutral	$81.89M	―	-7.94%	―	-1.87%	57.41%

Albany International Corporate Events

Albany International Appoints New CFO Willard Station

On July 30, 2025, Albany International Corp. announced the appointment of Willard Station as Executive Vice President and Chief Financial Officer, effective September 1, 2025. Station, who succeeds interim CFO Jairaj Chetnani, brings extensive experience from his previous roles at McKesson Medical-Surgical and The Boeing Company. The company anticipates that Station’s expertise will enhance its financial strategy and support its long-term growth goals. This leadership change is expected to positively impact Albany International’s operations and stakeholder relations, as Station aims to build strong relationships with investors and contribute to the company’s continued growth.

Albany International to Present at Wells Fargo Conference

On June 11, 2025, Albany International Corp. will present at the Wells Fargo 2025 Industrials & Materials Conference, showcasing its strategic focus on growth and innovation. The company emphasizes its strong market positioning in machine clothing and engineered composites, highlighting its role as a key partner in next-generation aerospace platforms and its commitment to sustainability and technological advancement.

Albany International Appoints New VP and Accounting Officer

Albany International Corp. has appointed Sean Valashinas as Vice President – Controller and Principal Accounting Officer, effective June 9, 2025. Valashinas brings over 30 years of accounting experience, having previously worked at Resonetics and Standex International Corporation. His compensation package includes a base salary of $335,000, short-term and long-term incentives, and a special equity bonus, reflecting the company’s commitment to strengthening its financial leadership.

Albany International Holds Successful Annual Stockholder Meeting

At Albany International‘s Annual Meeting of stockholders on May 16, 2025, four key items were voted on, including the election of nine board members, the ratification of KPMG LLP as the independent auditor, the approval of executive compensation, and the approval of the Employee Stock Purchase Plan. The results showed strong support for the board nominees, with Gunnar Kleveland and Bonnie C. Lind receiving the highest votes, while KPMG’s appointment was ratified with a significant majority, indicating confidence in the company’s governance and financial oversight.

Albany International Announces CFO Resignation and Interim Appointment

On May 16, 2025, Albany International Corp. announced the resignation of its Chief Financial Officer, Robert Starr, effective May 23, 2025. Starr’s departure is not due to any disagreements over financial practices, and he will receive a separation package as part of a Voluntary Separation Agreement. The company has appointed Jairaj (JC) Chetnani as interim CFO while a formal search for a permanent replacement is conducted. Chetnani, who has been with Albany since 2023, brings over 27 years of financial experience, particularly in the Aerospace & Defense sector, ensuring continuity and a seamless transition for the company.