AIN Q3 2022 Earnings — Albany International Corp. Revenue & Financial Results | Market Cap Arena

AINAlbany International Corp.

$2B

Q3 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$261M+12.1% YoY

Gross Profit

$100M38.6% margin

Operating Income

$54M20.6% margin

Net Income

$11M4.1% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$13M

Stock-Based Comp.

$835,000

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$752M

Stockholders' Equity

$816M

Cash & Equivalents

$276M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$261M	$232M	+12.1%
Gross Profit	$100M	$92M	+9.2%
Operating Income	$54M	$44M	+20.6%
Net Income	$11M	$31M	-65.3%

Revenue Segments

Albany Engineered Composites

$107M68%

Machine Clothing

$50M32%