Company Information

  

Address: 216 AIRPORT DRIVE  
City: ROCHESTER 
State: NH 
Zip Code: 03867 
Telephone: 518-445-2200 

Description of Business

Primary SIC Code: 2221
(As filed with the SEC)  

Albany International Corp. (the Registrant, the Company, we, us, or our) and its subsidiaries are engaged in two business segments. The Machine Clothing (MC) segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. We design, manufacture, and market paper machine clothing for each section of the paper machine and for every grade of paper. We manufacture and sell approximately twice as much paper machine clothing worldwide than any other company. Paper machine clothing products are customized, consumable products of technologically sophisticated design that utilize polymeric materials in a complex structure. The design and material composition of paper machine clothing can have a considerable effect on the quality of paper products produced and the efficiency of the paper machines on which it is used.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.270.17042.05
03/20171.560.17029.52
12/20161.640.17028.23
09/20162.320.17018.27
06/20162.220.17017.99
03/20161.830.17020.54
12/20151.790.17020.42
09/20150.870.17032.89

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.31Total Liab/Total Assets0.60
Net Inc/Total Assets0.04Total Liab/Inv Cap0.75
Net Inc/Inv Cap0.05Total Liab/Comm Equity4.48
Pretax Inc/Net Sales0.10Interest Coverage Ratio6.04
Net Inc/Net Sales0.07Curr Debt/Equity0.10
Cash Flow/Net Sales0.10LTD/Equity0.85
SG&A/NetSales0.21Total Debt/Equity0.96
Asset Utilization   Liquidity  
Net Receivables Turnover4.91Quick Ratio1.84
Inventory Turnover3.99Current Ratio2.51
Inventory Day Sales0.01Net Rec/Curr Assets0.34
Net Sales/Work Cap2.59Inv/Curr Assets0.27
Net Sales/PP&E1.85  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 215.57 199.28 213.05 191.27
Cost of Goods Sold 152.52 123.37 135.71 118.85
Selling & Admin Exps 41.82 40.91 39.12 38.04
Operating Income 9.23 22.06 26.83 24.82
Interest Exp NA NA 15.54 NA
Pretax Income 3.01 17.52 20.83 20.90
Other Income -1.93 -0.20 -0.07 -0.24
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.12 10.84 15.80 13.07

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 138.79 143.33 181.74 196.17
Receivables - Total 193.07 174.34 171.19 170.74
Inventories - Total 151.53 150.48 133.91 138.69
Total Current Assets 503.45 484.62 501.31 522.16
Net Property, Plant & Equipment 446.81 432.47 422.56 441.61
Total Assets 1,308.27 1,262.13 1,263.43 1,265.62
Liabilities        
Accounts Payable 152.20 136.11 148.03 145.31
Debt in Current Liabilities 51.98 51.97 51.98 1.81
Total Current Liabilities 204.18 188.08 200.01 147.12
Long-Term Debt 444.03 428.48 432.92 490.00
Total Liabilities 770.21 737.44 755.91 744.08
Stockholder's Equity        
Minority Interest 4.03 3.91 3.77 3.58
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.04 0.04 0.04 0.04
Retained Earnings 523.88 528.23 522.86 512.52
Treasury Stock -256.88 -257.14 -257.14 -257.15
Total Stockholders' Equity 538.06 524.69 507.52 521.55
Total Liabilities and Stockholders' Equity 1,308.27 1,262.13 1,263.43 1,265.62

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 8.39 -4.57 27.69 27.80
Net Cash Provided by Investing Activities -21.71 -25.08 -21.68 -17.83
Net Cash Provided by Financing Activities 10.21 -11.21 -12.91 8.39

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012760.9430.98-1.30
12/2013757.4117.520.55
12/2014745.3441.571.30
12/2015709.8757.281.79
12/2016779.8452.731.64
Growth Rates0.6214.22--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1717029,400--




Report Date : 10/16/2017

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