Albany International Corp. (AIN)

Albany International Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,250	1,148	1,035	929.24	900.61	1,054
Revenue Growth (YoY)	16.54%	10.92%	11.37%	3.18%	-14.56%	7.29%
Cost of Revenue	801.77	718.71	645.11	550.85	529.54	656.43
Gross Profit	448.25	429.2	389.78	378.39	371.07	397.7
Selling, General & Admin	221.96	205.27	167.64	160.28	165.47	165.21
Research & Development	44.56	40.63	39.94	38.92	35.35	37.57
Operating Expenses	266.52	245.9	207.58	199.21	200.82	202.78
Operating Income	181.73	183.3	182.21	179.19	170.26	194.93
Interest Expense	-19.18	-20.17	-17.84	-17.39	-16.33	-19.65
Interest & Investment Income	5.7	6.57	3.84	2.5	2.75	2.73
Currency Exchange Gain (Loss)	-0.08	2.92	10	1.18	-13.57	4.47
Other Non Operating Income (Expenses)	0.11	3.19	-0.41	-4.04	1.71	-1.36
EBT Excluding Unusual Items	168.29	175.8	177.79	161.43	144.81	181.12
Merger & Restructuring Charges	-14.03	-9.86	-0.11	-1.33	-5.74	-2.91
Gain (Loss) on Sale of Assets	-	-	3.42	-	-	-
Other Unusual Items	-5.48	-5.48	-49.13	5.83	-	-
Pretax Income	148.78	160.46	131.98	165.93	139.07	178.21
Income Tax Expense	38.99	48.85	35.47	47.16	41.83	44.83
Earnings From Continuing Operations	109.79	111.61	96.51	118.77	97.24	133.38
Net Income to Company	109.79	111.61	96.51	118.77	97.24	133.38
Minority Interest in Earnings	-0.31	-0.49	-0.75	-0.29	1.35	-0.99
Net Income	109.47	111.12	95.76	118.48	98.59	132.4
Net Income to Common	109.47	111.12	95.76	118.48	98.59	132.4
Net Income Growth	32.88%	16.04%	-19.17%	20.17%	-25.54%	59.73%
Shares Outstanding (Basic)	31	31	31	32	32	32
Shares Outstanding (Diluted)	31	31	31	32	32	32
Shares Change (YoY)	0.22%	-0.57%	-3.11%	0.33%	0.11%	0.08%
EPS (Basic)	3.51	3.56	3.06	3.66	3.05	4.10
EPS (Diluted)	3.50	3.55	3.04	3.65	3.05	4.10
EPS Growth	32.97%	16.78%	-16.71%	19.69%	-25.61%	59.51%
Free Cash Flow	131.09	64.5	34.54	164.68	98.79	132.99
Free Cash Flow Per Share	4.19	2.06	1.10	5.07	3.05	4.11
Dividend Per Share	1.030	1.010	0.880	0.810	0.770	0.730
Dividend Growth	7.29%	14.77%	8.64%	5.19%	5.48%	5.80%
Gross Margin	35.86%	37.39%	37.66%	40.72%	41.20%	37.73%
Operating Margin	14.54%	15.97%	17.61%	19.28%	18.90%	18.49%
Profit Margin	8.76%	9.68%	9.25%	12.75%	10.95%	12.56%
Free Cash Flow Margin	10.49%	5.62%	3.34%	17.72%	10.97%	12.62%
EBITDA	265.63	257.82	249.55	251.54	240.86	263.32
EBITDA Margin	21.25%	22.46%	24.11%	27.07%	26.74%	24.98%
D&A For EBITDA	83.9	74.52	67.35	72.36	70.61	68.4
EBIT	181.73	183.3	182.21	179.19	170.26	194.93
EBIT Margin	14.54%	15.97%	17.61%	19.28%	18.90%	18.49%
Effective Tax Rate	26.21%	30.44%	26.88%	28.42%	30.08%	25.15%

Source: S&P Capital IQ. Standard template. Financial Sources.