Albany International Corp. - Class A logo

AIN

Albany International Corp. - Class A

$95.28

Earnings Summary

Revenue
$261.37Mn
Net Profits
$39.2Mn
Net Profit Margins
15%
PE Ratio
24.67

Highlights

Revenue:

Albany International Corp. - Class A’s revenue jumped 11.45% since last year same period to $261.37Mn in the Q2 2022. On a quarterly growth basis, Albany International Corp. - Class A has generated 7.04% jump in its revenue since last 3-months.

Net Profits:

Albany International Corp. - Class A’s net profit jumped 24.86% since last year same period to $39.2Mn in the Q2 2022. On a quarterly growth basis, Albany International Corp. - Class A has generated 41.33% jump in its net profits since last 3-months.

Net Profit Margins:

Albany International Corp. - Class A’s net profit margin jumped 12.03% since last year same period to 15% in the Q2 2022. On a quarterly growth basis, Albany International Corp. - Class A has generated 32.03% jump in its net profit margins since last 3-months.

PE Ratio:

Albany International Corp. - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 24.67.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Albany International Corp. - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.86
EPS Estimate Current Year
0.86

Highlights

EPS Estimate Current Quarter:

Albany International Corp. - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.86 - a 4.88% jump from last quarter’s estimates.

EPS Estimate Current Year:

Albany International Corp. - Class A’s earning per share (EPS) estimates for the current year stand at 0.86.

Key Ratios

Key ratios of the Albany International Corp. - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
1.06
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.15
Dividend Per Share (DPS)
0.83

Highlights

Earning Per Share (EPS):

Albany International Corp. - Class A’s earning per share (EPS) jumped 4.95% since last year same period to 1.06 in the Q2 2022. This indicates that the Albany International Corp. - Class A has generated 4.95% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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. - Class A’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

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. - Class A’s return on equity (ROE) stands at 0.15.

Dividend Per Share (DPS):

Albany International Corp. - Class A declared 0.83 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-26
0.82
1.06
29.27%
2022-04-26
0.77
0.91
18.18%

Company Information

Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothing is the world's leading producer of fabrics and process felts used in the manufacture of all grades of paper products. Albany Engineered Composites is a rapidly growing designer and manufacturer of advanced materials-based engineered components for jet engine and airframe applications, supporting both commercial and military platforms. Albany International is headquartered in Rochester, New Hampshire, operates 23 plants in 11 countries, employs more than 4,000 people worldwide.

Organisation
Albany International Corp. - Class A
Headquarters
Rochester, New Hampshire, US
Employees
4K
Industry
Process Industries
CEO
A. William Higgins