Albany International Corporation
Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. It operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building pro… Read more
Albany International Corporation (AIN) - Net Assets
Latest net assets as of September 2025: $745.01 Million USD
Based on the latest financial reports, Albany International Corporation (AIN) has net assets worth $745.01 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.70 Billion) and total liabilities ($956.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $745.01 Million |
| % of Total Assets | 43.78% |
| Annual Growth Rate | 7.09% |
| 5-Year Change | 15.74% |
| 10-Year Change | 88.83% |
| Growth Volatility | 22.18 |
Albany International Corporation - Net Assets Trend (1985–2024)
This chart illustrates how Albany International Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Albany International Corporation (1985–2024)
The table below shows the annual net assets of Albany International Corporation from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $948.95 Million | -1.90% |
| 2023-12-31 | $967.32 Million | +11.50% |
| 2022-12-31 | $867.54 Million | -1.15% |
| 2021-12-31 | $877.61 Million | +7.04% |
| 2020-12-31 | $819.87 Million | +16.68% |
| 2019-12-31 | $702.69 Million | +15.52% |
| 2018-12-31 | $608.28 Million | +6.55% |
| 2017-12-31 | $570.86 Million | +11.65% |
| 2016-12-31 | $511.29 Million | +1.74% |
| 2015-12-31 | $502.55 Million | -2.14% |
| 2014-12-31 | $513.57 Million | -6.25% |
| 2013-12-31 | $547.78 Million | +11.00% |
| 2012-12-31 | $493.51 Million | +18.67% |
| 2011-12-31 | $415.85 Million | -2.44% |
| 2010-12-31 | $426.26 Million | +0.30% |
| 2009-12-31 | $425.00 Million | +1.22% |
| 2008-12-31 | $419.90 Million | -29.98% |
| 2007-12-31 | $599.67 Million | +20.14% |
| 2006-12-31 | $499.12 Million | -13.18% |
| 2005-12-31 | $574.92 Million | +4.38% |
| 2004-12-31 | $550.78 Million | -0.70% |
| 2003-12-31 | $554.65 Million | +38.46% |
| 2002-12-31 | $400.60 Million | +26.51% |
| 2001-12-31 | $316.64 Million | -2.55% |
| 2000-12-31 | $324.92 Million | -0.15% |
| 1999-12-31 | $325.41 Million | +3.35% |
| 1998-12-31 | $314.85 Million | -8.24% |
| 1997-12-31 | $343.11 Million | +4.36% |
| 1996-12-31 | $328.76 Million | +8.75% |
| 1995-12-31 | $302.30 Million | +11.16% |
| 1994-12-31 | $271.95 Million | +11.24% |
| 1993-12-31 | $244.47 Million | +27.99% |
| 1992-12-31 | $191.00 Million | -21.95% |
| 1991-12-31 | $244.70 Million | +0.33% |
| 1990-12-31 | $243.90 Million | +2.22% |
| 1989-12-31 | $238.60 Million | +33.89% |
| 1988-12-31 | $178.20 Million | +22.05% |
| 1987-12-31 | $146.00 Million | +117.59% |
| 1986-12-31 | $67.10 Million | +2.13% |
| 1985-12-31 | $65.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Albany International Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4766.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.07 Billion | 112.95% |
| Common Stock | $41.00K | 0.00% |
| Other Comprehensive Income | $-195.99 Million | -20.77% |
| Other Components | $73.72 Million | 7.81% |
| Total Equity | $943.54 Million | 100.00% |
Albany International Corporation Competitors by Market Cap
The table below lists competitors of Albany International Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wizz Air Holdings Plc
PINK:WZZAF
|
$1.55 Billion |
|
Zhejiang Lante Optics Co Ltd
SHG:688127
|
$1.55 Billion |
|
CorVel Corp
NASDAQ:CRVL
|
$1.55 Billion |
|
Migros Ticaret AS
IS:MGROS
|
$1.55 Billion |
|
Burford Capital Ltd
NYSE:BUR
|
$1.55 Billion |
|
Veidekke ASA
OL:VEI
|
$1.55 Billion |
|
Henan Hanwei Electronics Co
SHE:300007
|
$1.55 Billion |
|
PagSeguro Digital Ltd
NYSE:PAGS
|
$1.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Albany International Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 961,368,000 to 943,538,000, a change of -17,830,000 (-1.9%).
- Net income of 87,623,000 contributed positively to equity growth.
- Dividend payments of 32,483,000 reduced retained earnings.
- Share repurchases of 14,175,000 reduced equity.
- Other comprehensive income decreased equity by 62,821,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $87.62 Million | +9.29% |
| Dividends Paid | $32.48 Million | -3.44% |
| Share Repurchases | $14.18 Million | -1.5% |
| Other Comprehensive Income | $-62.82 Million | -6.66% |
| Other Changes | $4.03 Million | +0.43% |
| Total Change | $- | -1.85% |
Book Value vs Market Value Analysis
This analysis compares Albany International Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.96x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2.48 | $54.42 | x |
| 1986-12-31 | $2.60 | $54.42 | x |
| 1987-12-31 | $6.20 | $54.42 | x |
| 1988-12-31 | $6.92 | $54.42 | x |
| 1989-12-31 | $9.06 | $54.42 | x |
| 1990-12-31 | $9.90 | $54.42 | x |
| 1991-12-31 | $9.49 | $54.42 | x |
| 1992-12-31 | $7.49 | $54.42 | x |
| 1993-12-31 | $9.11 | $54.42 | x |
| 1994-12-31 | $8.64 | $54.42 | x |
| 1995-12-31 | $9.02 | $54.42 | x |
| 1996-12-31 | $10.21 | $54.42 | x |
| 1997-12-31 | $10.48 | $54.42 | x |
| 1998-12-31 | $10.00 | $54.42 | x |
| 1999-12-31 | $10.66 | $54.42 | x |
| 2000-12-31 | $10.58 | $54.42 | x |
| 2001-12-31 | $10.13 | $54.42 | x |
| 2002-12-31 | $12.28 | $54.42 | x |
| 2003-12-31 | $19.50 | $54.42 | x |
| 2004-12-31 | $16.44 | $54.42 | x |
| 2005-12-31 | $17.76 | $54.42 | x |
| 2006-12-31 | $16.51 | $54.42 | x |
| 2007-12-31 | $20.09 | $54.42 | x |
| 2008-12-31 | $14.10 | $54.42 | x |
| 2009-12-31 | $13.88 | $54.42 | x |
| 2010-12-31 | $13.66 | $54.42 | x |
| 2011-12-31 | $13.20 | $54.42 | x |
| 2012-12-31 | $15.60 | $54.42 | x |
| 2013-12-31 | $17.04 | $54.42 | x |
| 2014-12-31 | $15.94 | $54.42 | x |
| 2015-12-31 | $15.55 | $54.42 | x |
| 2016-12-31 | $15.80 | $54.42 | x |
| 2017-12-31 | $17.60 | $54.42 | x |
| 2018-12-31 | $18.74 | $54.42 | x |
| 2019-12-31 | $21.62 | $54.42 | x |
| 2020-12-31 | $25.22 | $54.42 | x |
| 2021-12-31 | $26.92 | $54.42 | x |
| 2022-12-31 | $27.44 | $54.42 | x |
| 2023-12-31 | $30.74 | $54.42 | x |
| 2024-12-31 | $30.11 | $54.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Albany International Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.12%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.75x
- Recent ROE (9.29%) is below the historical average (9.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 17.35% | 3.78% | 0.93x | 4.96x | $4.83 Million |
| 1986 | 21.91% | 4.37% | 0.94x | 5.36x | $7.99 Million |
| 1987 | 17.26% | 6.27% | 0.96x | 2.86x | $10.60 Million |
| 1988 | 20.37% | 7.87% | 0.97x | 2.68x | $18.48 Million |
| 1989 | 18.65% | 8.80% | 0.89x | 2.37x | $20.64 Million |
| 1990 | 3.13% | 1.37% | 0.79x | 2.90x | $-16.67 Million |
| 1991 | 4.21% | 1.85% | 0.83x | 2.76x | $-14.14 Million |
| 1992 | -1.89% | -0.64% | 0.87x | 3.39x | $-22.67 Million |
| 1993 | 6.35% | 2.84% | 0.83x | 2.68x | $-8.92 Million |
| 1994 | 8.81% | 4.22% | 0.79x | 2.65x | $-3.24 Million |
| 1995 | 14.24% | 6.60% | 0.82x | 2.63x | $12.82 Million |
| 1996 | 14.41% | 6.84% | 0.84x | 2.51x | $14.51 Million |
| 1997 | 14.30% | 6.91% | 0.89x | 2.32x | $14.75 Million |
| 1998 | 10.09% | 4.40% | 0.83x | 2.75x | $287.00K |
| 1999 | 9.29% | 3.88% | 0.64x | 3.71x | $-2.32 Million |
| 2000 | 11.72% | 4.47% | 0.77x | 3.42x | $5.59 Million |
| 2001 | 10.17% | 3.85% | 0.90x | 2.94x | $537.60K |
| 2002 | 12.22% | 6.00% | 0.81x | 2.53x | $8.88 Million |
| 2003 | 9.75% | 6.22% | 0.76x | 2.05x | $-1.41 Million |
| 2004 | 1.89% | 1.13% | 0.80x | 2.10x | $-44.69 Million |
| 2005 | 12.50% | 7.34% | 0.90x | 1.89x | $14.36 Million |
| 2006 | 11.63% | 5.74% | 0.77x | 2.62x | $8.13 Million |
| 2007 | 2.97% | 1.63% | 0.72x | 2.55x | $-42.19 Million |
| 2008 | -18.04% | -6.97% | 0.77x | 3.35x | $-117.74 Million |
| 2009 | -7.62% | -3.72% | 0.65x | 3.16x | $-74.88 Million |
| 2010 | 8.83% | 4.12% | 0.72x | 3.00x | $-4.99 Million |
| 2011 | 8.40% | 4.29% | 0.66x | 2.96x | $-6.65 Million |
| 2012 | 6.28% | 4.07% | 0.66x | 2.34x | $-18.37 Million |
| 2013 | 3.22% | 2.31% | 0.65x | 2.14x | $-36.91 Million |
| 2014 | 8.15% | 5.58% | 0.72x | 2.02x | $-9.42 Million |
| 2015 | 11.48% | 8.07% | 0.70x | 2.02x | $7.39 Million |
| 2016 | 10.39% | 6.76% | 0.62x | 2.49x | $1.98 Million |
| 2017 | 5.45% | 3.58% | 0.64x | 2.40x | $-25.80 Million |
| 2018 | 13.70% | 8.44% | 0.69x | 2.34x | $22.37 Million |
| 2019 | 18.95% | 12.56% | 0.71x | 2.11x | $62.53 Million |
| 2020 | 12.08% | 10.95% | 0.58x | 1.90x | $16.98 Million |
| 2021 | 13.56% | 12.75% | 0.60x | 1.78x | $31.08 Million |
| 2022 | 11.10% | 9.25% | 0.63x | 1.90x | $9.46 Million |
| 2023 | 11.56% | 9.68% | 0.63x | 1.91x | $14.98 Million |
| 2024 | 9.29% | 7.12% | 0.75x | 1.75x | $-6.73 Million |
Industry Comparison
This section compares Albany International Corporation's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $229,151,054
- Average return on equity (ROE) among peers: 20.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Albany International Corporation (AIN) | $745.01 Million | 17.35% | 1.28x | $1.55 Billion |
| AUUAF (AUUAF) | $11.87 Million | -43.42% | 0.28x | $34.94 Million |
| Avalanche International Corp (AVLP) | $-17.63K | 0.00% | 0.00x | $4.82K |
| Coats Group plc (CGGGF) | $699.30 Million | -2.10% | 1.75x | $1.53 Billion |
| Culp, Inc. Common Stock (CULP) | $62.60 Million | 12.30% | 1.63x | $29.15 Million |
| The Dixie Group Inc (DXYN) | $47.50 Million | 14.95% | 0.81x | $4.29 Million |
| Aquafil S.p.A (ECNLF) | $142.34 Million | 6.33% | 3.34x | $45.06 Million |
| Lenzing Aktiengesellschaft (LNZNF) | $1.09 Billion | 4.60% | 1.24x | $406.21 Million |
| Lizhan Environmental Corporation (LZENF) | $4.71 Million | 31.55% | 1.99x | $0.91 |
| Majestic Ideal Holdings Ltd Ordinary Shares (MJID) | $4.60 Million | 157.12% | 16.82x | $8.73K |