AIN Q2 2022 Earnings — Albany International Corp. Revenue & Financial Results | Market Cap Arena

AINAlbany International Corp.

$2B

Q2 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$261M+11.4% YoY

Gross Profit

$101M38.5% margin

Operating Income

$51M19.4% margin

Net Income

$39M15.0% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$43M

Free Cash Flow

$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$791M

Stockholders' Equity

$818M

Cash & Equivalents

$321M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$261M	$235M	+11.4%
Gross Profit	$101M	$102M	-1.1%
Operating Income	$51M	$50M	+1.5%
Net Income	$39M	$31M	+24.9%

Revenue Segments

Albany Engineered Composites

$110M68%

Machine Clothing

$52M32%