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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,267	1,148	1,035	929.24	900.61	1,054
Revenue Growth (YoY)	15.93%	10.92%	11.37%	3.18%	-14.56%	7.29%
Cost of Revenue	829.2	718.71	645.11	550.85	529.54	656.43
Gross Profit	438.09	429.2	389.78	378.39	371.07	397.7
Selling, General & Admin	222.76	205.27	167.64	160.28	165.47	165.21
Research & Development	45.69	40.63	39.94	38.92	35.35	37.57
Operating Expenses	268.46	245.9	207.58	199.21	200.82	202.78
Operating Income	169.64	183.3	182.21	179.19	170.26	194.93
Interest Expense	-17.13	-20.17	-17.84	-17.39	-16.33	-19.65
Interest & Investment Income	4.9	6.57	3.84	2.5	2.75	2.73
Currency Exchange Gain (Loss)	-1.4	2.92	10	1.18	-13.57	4.47
Other Non Operating Income (Expenses)	-1.09	3.19	-0.41	-4.04	1.71	-1.36
EBT Excluding Unusual Items	154.92	175.8	177.79	161.43	144.81	181.12
Merger & Restructuring Charges	-17.52	-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	131.92	160.46	131.98	165.93	139.07	178.21
Income Tax Expense	31.07	48.85	35.47	47.16	41.83	44.83
Earnings From Continuing Operations	100.85	111.61	96.51	118.77	97.24	133.38
Net Income to Company	100.85	111.61	96.51	118.77	97.24	133.38
Minority Interest in Earnings	-0.46	-0.49	-0.75	-0.29	1.35	-0.99
Net Income	100.39	111.12	95.76	118.48	98.59	132.4
Net Income to Common	100.39	111.12	95.76	118.48	98.59	132.4
Net Income Growth	1.61%	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)	0.24%	-0.57%	-3.11%	0.33%	0.11%	0.08%
EPS (Basic)	3.22	3.56	3.06	3.66	3.05	4.10
EPS (Diluted)	3.20	3.55	3.04	3.65	3.05	4.10
EPS Growth	1.31%	16.78%	-16.71%	19.69%	-25.61%	59.51%
Free Cash Flow	117.53	64.5	34.54	164.68	98.79	132.99
Free Cash Flow Per Share	3.75	2.06	1.10	5.07	3.05	4.11
Dividend Per Share	1.040	1.010	0.880	0.810	0.770	0.730
Dividend Growth	4.00%	14.77%	8.64%	5.19%	5.48%	5.80%
Gross Margin	34.57%	37.39%	37.66%	40.72%	41.20%	37.73%
Operating Margin	13.39%	15.97%	17.61%	19.28%	18.90%	18.49%
Profit Margin	7.92%	9.68%	9.25%	12.75%	10.95%	12.56%
Free Cash Flow Margin	9.27%	5.62%	3.34%	17.72%	10.97%	12.62%
EBITDA	256.39	257.82	249.55	251.54	240.86	263.32
EBITDA Margin	20.23%	22.46%	24.11%	27.07%	26.74%	24.98%
D&A For EBITDA	86.75	74.52	67.35	72.36	70.61	68.4
EBIT	169.64	183.3	182.21	179.19	170.26	194.93
EBIT Margin	13.39%	15.97%	17.61%	19.28%	18.90%	18.49%
Effective Tax Rate	23.55%	30.44%	26.88%	28.42%	30.08%	25.15%

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