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Albany International Corp.
$86.68
May 6, 12:37:02 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$84.67
Day range
$85.68 - $86.94
Year range
$78.20 - $99.41
Market cap
2.71B USD
Avg Volume
189.80K
P/E ratio
24.32
Dividend yield
1.20%
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
(USD)Mar 2024Y/Y change
Revenue
313.33M16.44%
Operating expense
68.17M16.27%
Net income
27.29M1.50%
Net profit margin
8.71-12.81%
Earnings per share
0.90-1.10%
EBITDA
62.82M8.21%
Effective tax rate
29.17%
Total assets
Total liabilities
(USD)Mar 2024Y/Y change
Cash and short-term investments
125.41M-58.78%
Total assets
1.80B6.04%
Total liabilities
824.62M3.30%
Total equity
973.56M
Shares outstanding
31.20M
Price to book
2.73
Return on assets
5.58%
Return on capital
7.00%
Net change in cash
(USD)Mar 2024Y/Y change
Net income
27.29M1.50%
Cash from operations
9.60M158.54%
Cash from investing
-26.88M-65.16%
Cash from financing
-28.07M-168.32%
Net change in cash
-48.01M-484.62%
Free cash flow
-26.02M25.83%
About
Albany International Corp., originally the Albany Felt Company, is an industrial-goods company based in Rochester, New Hampshire, United States. It makes two different lines of products: machine clothing, in particular, felts for use in paper manufacturing and textile processing; and composites used in the aerospace industry. Its shares trade on the New York Stock Exchange under the ticker symbol AIN. It is included in both the S&P 600 and the Russell 2000 stock indices. The company was founded in Albany, New York, in 1895 to make felts, serving the many paper mills in the region. It grew and prospered throughout the early 20th century, even during the Great Depression. In the later half of the 20th century, it began acquiring overseas firms and expanding into the composites sector. In 2013 it moved its headquarters to New Hampshire to better serve its aerospace customers. Wikipedia
Founded
Mar 8, 1895
Website
Employees
5,600
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