AIN Q2 2024 Earnings — Albany International Corp. Revenue & Financial Results | Market Cap Arena

AINAlbany International Corp.

$2B

Q2 2024 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$332M+21.1% YoY

Gross Profit

$112M33.9% margin

Operating Income

$43M12.9% margin

Net Income

$25M7.4% margin

EPS (Diluted)

$0.79

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$64M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$778M

Stockholders' Equity

$968M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$332M	$274M	+21.1%
Gross Profit	$112M	$103M	+9.4%
Operating Income	$43M	$46M	-5.7%
Net Income	$25M	$27M	-7.7%

Revenue Segments

Machine Clothing

$194M58%

Albany Engineered Composites

$138M42%