Company

Albany International Corp.

Headquarters: Rochester, NH, United States

Founded: March 8, 1895

Employees: 4,100

CEO: Mr. Andrew William Higgins

NYSE: AIN +1.87%

Market Cap

$2.53 Billion

USD as of Jan. 1, 2025

Market Cap History

Albany International Corp. Categories

United States Consumer Discretionary Textile Manufacturing
United States Consumer Discretionary United States Textile Manufacturing

Albany International Corp. market capitalization over time

Evolution of Albany International Corp. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Albany International Corp.

Top Competitors by Market Capitalization

Industry: Textile Manufacturing
Company Market Cap (USD)
Hengli Petrochemical Co.,Ltd. $14.68 B
Shenzhou International Group Holdings Ltd $11.15 B
Toray Industries, Inc. $10.04 B
Chargeurs SA $8.54 B
Far Eastern New Century Corp $5.11 B
Sector:
Company Market Cap (USD)
Amazon $2.475 T
Tesla $1.324 T
Home Depot $411.64 B
LVMH $309.59 B
Toyota $232.69 B

Detailed Description

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Financials

Last Financial Reports Date Sept. 30, 2024
Revenue TTM $1.27 B
EBITDA $257.9 M
Gross Profit TTM $438.1 M
Profit Margin 7.92%
Operating Margin 8.98%
Quarterly Revenue Growth 6.10%
Financial Reports & Statistics

Stocks & Indices

Albany International Corp. has the following listings and related stock indices.


Stock: NYSE: AIN wb_incandescent

Stock: FSX: AII wb_incandescent

Product & Services

Machine clothingComposite materials

Key People

Founder(s): Parker Corning Duncan Fuller Selden Marvin James W. Cox

A. William Higgins, President and Chief Executive Officer; Charles J. Silva Jr., General Counsel and Company Secretary; Stephen Nolan, CFO

Details

Headquarters:

216 Airport Drive

Rochester, NH 03867

United States

Phone: 603 330 5850

Fax: 603 994 3974