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ALBANY INTERNATIONAL CORP /DE/

CIK: 819793 SIC: 2221
$1.15B
Revenue
$-53.54M
Net Income
20.41%
Gross Margin
-3.63%
Op. Margin
$83.23M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 14 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
+ Total Revenue $1.15B $1.23B $1.15B $1.03B $929.24M $900.61M
Revenue Growth % -6.7% 7.2% 10.9% 11.4% 3.2% nan%
Cost of Revenue $914.13M $828.84M $724.19M $645.11M $550.85M $529.54M
+ Gross Profit $234.38M $401.78M $423.72M $389.78M $378.39M $371.07M
Gross Margin % 20.4% 32.6% 36.9% 37.7% 40.7% 41.2%
Selling General & Admin $212.65M $210.88M $214.91M $168.71M $160.13M $163.91M
+ Operating Income $-41.67M $131.36M $167.89M $181.02M $178.01M $166.08M
Operating Margin % -3.6% 10.7% 14.6% 17.5% 19.2% 18.4%
Interest Expense - $16.61M $20.17M $17.84M $17.39M $16.33M
Interest Income - $4.06M $6.57M $3.83M $2.50M $2.75M
Other Income/Expense $41.00K $-1.72M $6.16M $14.09M $-3.02M $-13.42M
Income Before Tax $-60.20M $117.09M $160.46M $131.98M $165.93M $139.07M
Income Tax Expense $-6.99M $29.03M $48.85M $35.47M $47.16M $41.83M
+ Net Income $-53.54M $87.62M $111.12M $95.76M $118.48M $98.59M
Net Margin % -4.7% 7.1% 9.7% 9.3% 12.7% 10.9%
Basic EPS -1.93 2.81 3.56 3.06 3.66 3.05
Diluted EPS -1.93 2.80 3.55 3.04 3.65 3.05
Basic Shares Outstanding 29.0M 31.2M 31.2M 31.3M 32.3M -
Diluted Shares Outstanding 29.0M 31.3M 31.3M 31.5M 32.5M -
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents $115.28M $173.42M $291.78M $302.04M $241.32M
Accounts Receivable $246.69M $287.78M $200.02M $191.99M $188.42M
Inventory $145.84M $169.57M $139.05M $117.88M $110.48M
Other Current Assets $37.13M $53.87M $50.96M $32.39M $31.83M
Total Current Assets $730.69M $877.96M $838.44M $758.80M $717.28M
Property Plant & Equipment $563.43M $601.99M $445.66M - -
Goodwill $176.26M $180.18M $178.22M $182.12M $187.55M
Intangible Assets $38.13M $44.65M $33.81M $39.08M $46.87M
Other Non-current Assets $111.43M $102.90M $103.02M $81.42M $74.66M
Total Assets $1.65B $1.84B $1.64B $1.56B $1.55B
Accounts Payable $66.09M $87.10M $69.71M $68.95M $49.17M
Accrued Liabilities $141.90M $142.99M $126.39M $124.33M $125.46M
Total Current Liabilities $226.37M $248.68M $211.32M $208.17M $190.86M
Long-term Debt $318.53M $452.67M $439.00M $350.00M $398.00M
Other Non-current Liabilities $138.83M $139.38M $108.76M $107.79M $130.42M
Total Liabilities $699.75M $867.69M $774.71M $678.46M $730.07M
Retained Earnings $1.07B $1.01B $931.32M $863.06M $770.75M
Treasury Stock - - $364.92M $280.14M $256.01M
Total Stockholders Equity $943.54M $961.37M $863.05M $873.97M $816.07M
Total Liabilities & Equity $1.65B $1.84B $1.64B $1.56B $1.55B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $-36.19M $87.62M $111.12M $95.76M $118.48M $98.59M
Change in Receivables $9.27M $-31.76M $11.04M $14.30M $7.73M $-31.52M
Change in Inventory $17.45M $-14.63M $-15.09M $24.54M $9.94M $13.69M
Change in Payables $52.64M $-3.08M $-5.67M $8.57M $9.49M $-15.59M
Operating Cash Flow $194.18M $218.44M $148.06M $128.21M $217.47M $140.25M
Capital Expenditure $110.95M $80.25M $83.56M $93.67M $52.79M $41.46M
Acquisitions - - $133.47M - - -
Investing Cash Flow $-107.58M $-80.18M $-217.90M $-96.35M $-53.70M $-42.39M
Debt Repayment $280.24M $279.84M $92.27M $73.00M $56.01M $101.02M
Stock Repurchased $374.74M $14.18M - $84.78M $23.45M -
Dividends Paid $57.99M $32.48M $31.16M $26.46M $25.89M $24.57M
Financing Cash Flow $-119.74M $-183.83M $-52.64M $-23.65M $-99.64M $-60.67M
Net Change in Cash $-23.43M $-58.14M $-118.36M $-10.26M $60.72M $45.78M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $261.43M $298.39M $861.61M $943.71M
Cost of Revenue $311.37M $208.00M $717.55M $632.26M
Gross Profit $-49.94M $90.38M $144.06M $311.45M
Selling General & Admin $51.91M $52.10M $164.22M $162.45M
Operating Income $-116.51M $25.17M $-65.97M $107.05M
Other Income/Expense $347.00K $-3.26M $-4.17M $-5.93M
Income Before Tax $-122.06M $19.50M $-84.85M $92.44M
Income Tax Expense $-24.42M $1.28M $-13.89M $22.13M
Net Income $-97.76M $18.03M $-71.22M $69.94M
Basic EPS -3.37 0.58 -2.38 2.24
Diluted EPS -3.37 0.57 -2.38 2.23
Basic Shares Outstanding $29.01M $31.25M $29.91M $31.23M
Diluted Shares Outstanding $29.01M $31.37M $29.91M $31.33M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $108.31M $115.28M
Accounts Receivable $258.50M $246.69M
Inventory $159.66M $145.84M
Other Current Assets $40.76M $37.13M
Total Current Assets $740.53M $730.69M
Property Plant & Equipment $573.23M $563.43M
Goodwill $184.29M $176.26M
Intangible Assets $36.10M $38.13M
Other Non-current Assets $110.20M $111.43M
Total Assets $1.70B $1.65B
Accounts Payable $85.99M $66.09M
Accrued Liabilities $222.43M $141.90M
Total Current Liabilities $316.39M $226.37M
Long-term Debt $480.63M $318.53M
Other Non-current Liabilities $140.76M $138.83M
Total Liabilities $956.59M $699.75M
Retained Earnings $970.43M $1.07B
Total Stockholders Equity $739.30M $943.54M
Total Liabilities & Equity $1.70B $1.65B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-97.76M $18.03M $-71.22M $69.94M
Change in Receivables - - $-2.15M $-17.98M
Change in Inventory - - $5.11M $-5.92M
Change in Payables - - $18.68M $7.32M
Operating Cash Flow - - $78.77M $139.99M
Capital Expenditure - - $47.56M $61.98M
Investing Cash Flow - - $-45.57M $-61.05M
Debt Repayment - - $82.04M $142.69M
Stock Repurchased - - $170.96M -
Dividends Paid - - $24.74M $24.36M
Financing Cash Flow - - $-48.27M $-121.77M
Net Change in Cash - - $-6.97M $-46.20M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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