Albany International Corp.

Albany International Corp.verified

AIN

Price:

$88.47

Market Cap:

$2.76B

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in 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, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military...[Read more]

Industry

Apparel - Manufacturers

IPO Date

1987-09-30

Stock Exchange

NYSE

Ticker

AIN

The Current Ratio as of September 2024 (TTM) for Albany International Corp. (AIN) is 3.59

According to Albany International Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 3.59. This represents a change of -1.87% compared to the average of 3.66 of the last 4 quarters.

Albany International Corp. (AIN) Historical Current Ratio (quarterly & annually)

How has AIN Current Ratio performed in the past?

The mean historical Current Ratio of Albany International Corp. over the last ten years is 3.30. The current 3.59 Current Ratio has changed 10.77% with respect to the historical average. Over the past ten years (40 quarters), AIN's Current Ratio was at its highest in in the June 2023 quarter at 4.99. The Current Ratio was at its lowest in in the June 2017 quarter at 2.47.

Quarterly (TTM)
Annual

Average

3.30

Median

3.44

Minimum

2.51

Maximum

3.97

Albany International Corp. (AIN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Albany International Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 42.74%

Maximum Annual Current Ratio = 3.97

Minimum Annual Increase = -30.01%

Minimum Annual Current Ratio = 2.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.53-11.02%
20223.978.85%
20213.65-3.00%
20203.7623.21%
20193.05-2.64%
20183.13-6.54%
20173.3533.74%
20162.51-30.01%
20153.5842.74%
20142.51-23.89%

Albany International Corp. (AIN) Average Current Ratio

How has AIN Current Ratio performed in the past?

The current Current Ratio of Albany International Corp. (AIN) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

3.71

5-year avg

3.59

10-year avg

3.30

Albany International Corp. (AIN) Current Ratio vs. Peers

How is AIN’s Current Ratio compared to its peers?

Albany International Corp.’s Current Ratio is greater than Culp, Inc. (1.96), greater than The Dixie Group, Inc. (2.57), greater than Unifi, Inc. (3.25), greater than Toray Industries, Inc. (1.80),

CompanyCurrent RatioMarket cap
1.96$79.31M
2.57$10.42M
3.25$138.56M
1.80$8.54B

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