AIN Q3 2024 Earnings — Albany International Corp. Revenue & Financial Results | Market Cap Arena

AINAlbany International Corp.

$2B

Q3 2024 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$298M+6.1% YoY

Gross Profit

$90M30.3% margin

Operating Income

$25M8.4% margin

Net Income

$18M6.0% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-10.1%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$32M

Stock-Based Comp.

$195,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$757M

Stockholders' Equity

$991M

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$298M	$281M	+6.1%
Gross Profit	$90M	$102M	-11.2%
Operating Income	$25M	$40M	-37.2%
Net Income	$18M	$27M	-33.5%

Revenue Segments

Machine Clothing

$183M61%

Albany Engineered Composites

$115M39%