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
03/20181.010.17062.08
12/20171.030.17059.66
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.19Total Liab/Total Assets0.58
Net Inc/Total Assets0.02Total Liab/Inv Cap0.66
Net Inc/Inv Cap0.03Total Liab/Comm Equity4.61
Pretax Inc/Net Sales0.06Interest Coverage Ratio3.94
Net Inc/Net Sales0.04Curr Debt/Equity0.00
Cash Flow/Net Sales0.07LTD/Equity0.90
SG&A/NetSales0.19Total Debt/Equity0.91
Asset Utilization   Liquidity  
Net Receivables Turnover4.62Quick Ratio2.52
Inventory Turnover4.20Current Ratio3.37
Inventory Day Sales0.01Net Rec/Curr Assets0.37
Net Sales/Work Cap2.26Inv/Curr Assets0.25
Net Sales/PP&E1.90  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 229.98 226.73 222.14 215.57
Cost of Goods Sold 148.33 149.34 142.71 152.64
Selling & Admin Exps 41.93 41.17 41.08 42.32
Operating Income 20.83 22.56 22.30 8.61
Interest Exp 4.29 18.60 NA -4.33
Pretax Income 15.09 15.14 19.03 3.01
Other Income -1.45 -1.86 1.16 -1.31
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 10.25 5.89 15.27 1.12

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 151.43 183.73 153.47 138.79
Receivables - Total 248.54 202.68 199.94 193.07
Inventories - Total 100.03 136.52 157.14 151.53
Total Current Assets 567.70 543.71 531.37 503.45
Net Property, Plant & Equipment 459.39 454.30 451.97 446.81
Total Assets 1,400.34 1,361.20 1,349.62 1,308.27
Liabilities        
Accounts Payable 172.98 159.46 161.11 152.20
Debt in Current Liabilities 2.05 2.06 51.95 51.98
Total Current Liabilities 175.03 161.52 213.06 204.18
Long-Term Debt 518.66 514.12 453.58 444.03
Total Liabilities 808.34 791.43 788.95 770.21
Stockholder's Equity        
Minority Interest 3.15 3.25 3.99 4.03
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.04 0.04 0.04 0.04
Retained Earnings 533.76 534.08 533.67 523.88
Treasury Stock -256.88 -256.88 -256.88 -256.88
Total Stockholders' Equity 591.99 569.77 560.67 538.06
Total Liabilities and Stockholders' Equity 1,400.34 1,361.20 1,349.62 1,308.27

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -18.95 42.50 17.90 8.39
Net Cash Provided by Investing Activities -15.80 -25.38 -15.47 -21.71
Net Cash Provided by Financing Activities -2.46 9.47 4.39 10.21

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013757.4117.520.55
12/2014745.3441.571.30
12/2015709.8757.281.79
12/2016779.8452.731.64
12/2017863.7233.111.03
Growth Rates3.3417.2516.98

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1819428,64998.79




Report Date : 7/16/2018

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