AIN Q1 2022 Earnings — Albany International Corp. Revenue & Financial Results | Market Cap Arena

AINAlbany International Corp.

$2B

Q1 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$244M+9.8% YoY

Gross Profit

$92M37.5% margin

Operating Income

$39M15.9% margin

Net Income

$28M11.4% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$21M

Stock-Based Comp.

$745,000

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$716M

Stockholders' Equity

$860M

Cash & Equivalents

$307M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$244M	$222M	+9.8%
Gross Profit	$92M	$89M	+3.5%
Operating Income	$39M	$42M	-7.3%
Net Income	$28M	$28M	+0.6%

Revenue Segments

Albany Engineered Composites

$90M62%

Machine Clothing

$55M38%