AIN Q4 2023 Earnings — Albany International Corp. Revenue & Financial Results | Market Cap Arena

AINAlbany International Corp.

$2B

Q4 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$324M+20.4% YoY

Gross Profit

$120M37.0% margin

Operating Income

$42M12.9% margin

Net Income

$30M9.4% margin

EPS (Diluted)

$0.97

QoQ Revenue Growth

+15.1%

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

$39M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$868M

Stockholders' Equity

$961M

Cash & Equivalents

$173M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$324M	$269M	+20.4%
Gross Profit	$120M	$97M	+23.5%
Operating Income	$42M	$38M	+10.2%
Net Income	$30M	$18M	+68.0%

Revenue Segments

Machine Clothing

$404M100%