OverviewSuggest Edit

Albany International is a textiles and materials processing company. It operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment produces and supplies custom-designed fabrics and belts for the paper, nonwovens, and other process industries. The AEC segment provides engineered composite structures for the aerospace and defense industries.

TypePublic
Founded1895
HQRochester, NH, US
Websitealbint.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2020)4,000(-13%)
Job Openings26
Revenue (FY, 2020)$900.6 M(-14%)
Share Price (Oct 2021)$80.3(-1%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Albany International

A. William Higgins

A. William Higgins

President & Chief Executive Officer
Daniel A. Halftermeyer

Daniel A. Halftermeyer

President, Machine Clothing
Greg Harwell

Greg Harwell

President, Albany Engineered Composites
Robert A. Hansen

Robert A. Hansen

Senior Vice President & Chief Technical Officer
Alice McCarvill

Alice McCarvill

Executive Vice President, Human Resources and Chief Human Resources Officer
Stephen M. Nolan

Stephen M. Nolan

Chief Financial Officer & Treasurer
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Albany International Office Locations

Albany International has offices in Rochester, Boerne, Homer, Kaukauna and in 20 other locations
Rochester, NH, US (HQ)
112 Airport Drive
Boerne, TX, US
1281 N Main St
Homer, NY, US
156 S Main St
Kaukauna, WI, US
3601 Electric City Blvd
Rochester, NH, US
112 Airport Dr
Saint Stephen, SC, US
300 Albany St
Show all (26)

Albany International Financials and Metrics

Albany International Revenue

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View revenue for all periods
Albany International's revenue was reported to be $900.61 m in FY, 2020 which is a 14.6% decrease from the previous period.
USD

Revenue (Q1, 2021)

222.4m

Gross profit (Q1, 2021)

88.5m

Gross profit margin (Q1, 2021), %

39.8%

Net income (Q1, 2021)

27.6m

EBIT (Q1, 2021)

41.8m

Market capitalization (15-Oct-2021)

2.6b

Closing stock price (15-Oct-2021)

80.3

Cash (31-Mar-2021)

237.9m

EV

2.7b
Albany International's current market capitalization is $2.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

982.5m1.1b900.6m

Revenue growth, %

14%7%(15%)

Cost of goods sold

632.7m656.4m529.5m

Gross profit

349.7m397.7m371.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

251.4m273.9m271.1m235.8m226.0m212.0m222.4m

Cost of goods sold

159.6m168.8m167.0m146.3m123.0m124.7m133.8m

Gross profit

91.8m105.2m104.1m89.5m103.0m87.3m88.5m

Gross profit Margin, %

37%38%38%38%46%41%40%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

197.8m195.5m241.3m

Accounts Receivable

223.2m218.3m188.4m

Prepaid Expenses

24.1m31.8m

Inventories

85.9m95.1m110.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

187.4m215.2m173.7m222.7m204.0m215.3m237.9m

Accounts Receivable

234.1m220.6m224.2m211.1m202.6m210.3m188.1m

Prepaid Expenses

23.7m25.1m24.8m25.8m26.2m30.5m32.3m

Inventories

102.4m104.3m105.7m109.4m115.5m113.1m117.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

83.0m133.4m97.2m

Depreciation and Amortization

79.0m70.8m72.7m

Inventories

(968.0k)(8.9m)(13.7m)

Accounts Payable

9.3m10.5m(15.6m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

29.4m63.7m103.8m7.6m40.0m69.6m27.6m

Depreciation and Amortization

18.0m35.7m53.0m18.1m36.0m54.3m18.9m

Inventories

(16.7m)(18.2m)(21.9m)(19.7m)(24.6m)(20.0m)(8.6m)

Accounts Payable

21.8m7.5m7.8m(1.0m)(10.4m)(15.5m)9.2m
USDFY, 2018

EV/EBIT

17 x

EV/CFO

17.6 x

Revenue/Employee

223.3k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x

P/E Ratio

24.3
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Albany International Operating Metrics

Albany International's Backlog was reported to be $453.7m in Dec, 2019.
FY, 2015FY, 2016FY, 2017FY, 2018Mar, 2019Dec, 2019

Backlog

$205 m$292.2 m$358.8 m$581.9 m$453.7 m

Plants

22
Show all operating metrics

Albany International Acquisitions / Subsidiaries

Company NameDateDeal Size
GeschmayMay 28, 19990$232 m
Envico LtdMarch 01, 2010$1.9 m
R-Bac IndustriesJune 01, 2007$9.6 m
AI (Switzerland) GmbH
Albany Aerostructures Composites, LLC
Albany Engineered Composites, Inc.
Albany Engineered Composites Ltd.
Albany Engineered Composites Mexico, S. de R.L. de C.V.
Albany Engineered Composites Services Company, S. de R.L. de C.V.
Albany International AB
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Albany International Revenue Breakdown

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Albany International revenue breakdown by business segment: 63.6% from Machine Clothing and 36.4% from Albany Engineered Composites

Albany International revenue breakdown by geographic segment: 55.9% from United States, 14.2% from Switzerland , 6.2% from France, 6.7% from Brazil , 6.3% from China and 10.6% from Other

Albany International Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Albany International Online and Social Media Presence

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Albany International News and Updates

Albany International Declares Dividend

The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.20 per share on the Company’s Class A and Class B Common Stock, payable July 8, 2021, to shareholders of record on June 7, 2021.

TSA at Albany International Airport gets new credential authentication technology to improve checkpoint screening capabilities

A passenger hands over his ID to a TSA officer for him to insert it into a credential authentication technology unit at Albany International Airport.read more

TSA checkpoint at Albany International Airport gets new state-of-the-art 3-D checkpoint scanner to improve explosives detection

ALBANY, N.Y. —  A new state-of-the-art advanced technology computed tomography checkpoint scanner (CT) that provides 3-D imaging has been installed and is in use at the Transportation Security Administration checkpoint at Albany International Airport. The new technology provides critical explosives …

Albany International Frequently Asked Questions

  • When was Albany International founded?

    Albany International was founded in 1895.

  • Who are Albany International key executives?

    Albany International's key executives are A. William Higgins, Daniel A. Halftermeyer and Greg Harwell.

  • How many employees does Albany International have?

    Albany International has 4,000 employees.

  • What is Albany International revenue?

    Latest Albany International annual revenue is $900.6 m.

  • What is Albany International revenue per employee?

    Latest Albany International revenue per employee is $225.2 k.

  • Who are Albany International competitors?

    Competitors of Albany International include Andritz, Gabriel and Sioen.

  • Where is Albany International headquarters?

    Albany International headquarters is located at 112 Airport Drive, Rochester.

  • Where are Albany International offices?

    Albany International has offices in Rochester, Boerne, Homer, Kaukauna and in 20 other locations.

  • How many offices does Albany International have?

    Albany International has 26 offices.