Albany International (NYSE: AIN) — Company Overview, News & Financial Data
Albany International specializes in advanced textiles and materials for various industries, including aerospace and packaging, focusing on innovation.
Albany International
Albany International (NYSE:AIN) specializes in advanced textiles and materials processing, focusing on the design, manufacturing, and marketing of paper machine clothing and engineered composites. The company operates globally, serving customers across a variety of industries, including aerospaces and packaging. With a commitment to innovation and sustainability, Albany International aims to enhance performance and efficiency in its clients’ operations while also striving to minimize environmental impact. The company's projects often involve developing cutting-edge materials that can withstand extreme conditions, contributing to advancements in aerospace, automotive, and industrial applications. Albany International's objective is to continue growing its portfolio of high-performance products and solutions, ensuring they meet the evolving needs of their diverse customer base.
Snapshot
Operations
Products and/or services of Albany International
- Advanced composite materials for aerospace, enhancing aircraft performance and efficiency.
- Engineered fabrics for paper machine clothing, optimizing paper production processes.
- Specialized textiles for building materials, contributing to durable construction solutions.
- High-performance belts and textiles for aluminum extrusion processes, improving manufacturing efficiency.
- Custom-designed materials for the filtration market, ensuring cleaner air and liquids.
- Innovative fabrics for the nonwovens industry, supporting hygiene and healthcare product development.
Albany International executive team
- Gunnar KlevelandPresident, CEO & Director
- Jairaj T. ChetnaniVP of Investor Relations & Treasurer
- Joseph M. GaugSenior VP, Secretary & General Counsel
- Merle SteinPresident of Machine Clothing
- Willard C. StationExecutive VP & CFO (Leave of Absence)
- Christopher StonePresident of Albany Engineered Composites
- Sean C. ValashinasVP, Controller, Acting CFO & Acting Principal Financial Officer & Chief Accounting Officer
- Susan SiegelVice President of Corporate Communications
- Suzanne PurdumChief Human Resource Officer
- Karen BlomquistDirector of Investor Relations
Latest news about Albany International
Dividend history
Dividends per share paid by Albany International , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.8400 |
| FY2025 | — | — | — | $1.0900 |
| FY2024 | — | — | — | $1.0500 |
| FY2023 | — | — | — | $1.0100 |
| FY2022 | — | — | — | $0.8800 |
Key financials
Reported results for Albany International , in USD.
- Market cap
- 2.1B
- Revenue (TTM)
- 1.3B
- P/E ratio
- 24.2
- EPS (diluted, TTM)
- 3.0
- Dividend yield
- 1.5%
- Profit margin
- 6.7%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.2B | -16.2M | -57.3M | |
| 1.2B | 131.4M | 87.6M | |
| 1.1B | 167.9M | 111.1M | |
| 1B | 181M | 95.8M |