Earnings Summary

Albany International Corp’s revenue jumped 4.88% since last year same period to $274.12Mn in the Q2 2023. On a quarterly growth basis, Albany International Corp has generated 1.87% jump in its revenue since last 3-months.

Albany International Corp’s net profit fell -31.57% since last year same period to $26.83Mn in the Q2 2023. On a quarterly growth basis, Albany International Corp has generated -0.23% fall in its net profits since last 3-months.

Albany International Corp’s net profit margin fell -34.75% since last year same period to 9.79% in the Q2 2023. On a quarterly growth basis, Albany International Corp has generated -2.06% fall in its net profit margins since last 3-months.

Albany International Corp’s earning per share (EPS) estimates for the current quarter stand at 0.67 - a -22.09% fall from last quarter’s estimates.

Albany International Corp’s earning per share (EPS) estimates for the current year stand at 0.67.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Albany International Corp’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Albany International Corp’s return on equity (ROE) stands at 0.1.

Albany International Corp declared 0.25 dividend per share during the earnings announcement for Q1 2023.