Albany International
Makes consumable machine fabrics and advanced composites for paper production and aerospace.
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Profile
Supplies custom, consumable fabrics and process belts for paper and industrial production, while manufacturing advanced composite components for commercial aviation, defense, space, and advanced air mobility. Revenue combines recurring replacement demand in Machine Clothing with long-cycle aerospace programs in Albany Engineered Composites.
Designs and manufactures engineered fabrics and composite components through two segments. Machine Clothing supplies custom, consumable fabrics and process belts for paper, paperboard, tissue, pulp, nonwovens, and other industrial production. Albany Engineered Composites makes lightweight components and assemblies for commercial aviation, defense, space launch, and advanced air mobility, including LEAP engine fan blades and cases.
Runs manufacturing across the Americas, Europe, and Asia. Application-specific design, customer engineering, and proprietary three-dimensional weaving underpin its technical model. Machine Clothing depends on mill production and paper-grade demand; aerospace results depend on aircraft build rates, long-term program execution, customer qualification, government funding, and approved carbon-fiber and resin sources. The Salt Lake City structures-assembly operation is classified as held for sale.
Company facts
Key statistics
Year to date +11.3% · Average volume (30d) 290.0K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jun 12, 2026 | Truist Financial | Target | $55 | $61 | ||
| Jan 9, 2026 | Truist Financial | Target | $91 | $55 | ||
| Aug 1, 2025 | Truist Securities | Downgrade | Buy | Hold | ||
| Jul 31, 2025 | Baird | Downgrade | Outperform | Neutral |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | $0.74 | $0.82 | +11.3% | $340.1M | $329.5M | −3.1% | −16.16% |
| Apr 30, 2026Q1 FY26 | $0.55 | $0.60 | +9.1% | $281.0M | $311.3M | +10.8% | +0.40% |
| Feb 24, 2026Q4 FY25 | $0.64 | $0.49 | −23.4% | $283.0M | $321.2M | +13.5% | +3.79% |
| Nov 5, 2025Q3 FY25 | $0.70 | $0.71 | +1.4% | $292.3M | $261.4M | −10.6% | −1.08% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $288.8M | $311.4M | $261.4M | $321.2M | $311.3M | $329.5M | |
| Gross profit | $96.5M | $97.5M | −$49.9M | $99.9M | $99.8M | $107.9M | |
| Operating income | $28.3M | $26.5M | −$113.3M | $33.7M | $28.5M | $32.1M | |
| Net income | $17.4M | $9.2M | −$97.8M | $13.9M | $15.3M | $17.4M | |
| Diluted EPS | $0.56 | $0.31 | −$3.37 | $0.48 | $0.54 | $0.60 | |
| Gross margin | 33.4% | 31.3% | -19.1% | 31.1% | 32.1% | 32.7% | |
| Operating margin | 9.8% | 8.5% | -43.3% | 10.5% | 9.2% | 9.8% |
Fiscal years (4-quarter sums)FY21 $929.2M · FY22 $1.03B · FY23 $1.15B · FY24 $1.23B · FY25 $1.18B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $77.3M · Total debt $450.7M · Total assets $1.71B · Shareholders' equity $745.7M
Dividends
Raised for 24 straight years — most recently to $0.28 from $0.27 in Dec 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 5, 2026 | Jun 5 | Jul 7 | $0.28 | |
| Mar 20, 2026 | Mar 20 | Apr 7 | $0.28 | |
| Dec 16, 2025 | Dec 16 | Jan 8 | $0.28 | raised from $0.27 |
| Sep 2, 2025 | Sep 2 | Oct 7 | $0.27 | |
| Jun 6, 2025 | Jun 6 | Jul 8 | $0.27 | |
| Mar 21, 2025 | Mar 21 | Apr 7 | $0.27 | |
| Dec 17, 2024 | Dec 17 | Jan 8 | $0.27 | raised from $0.26 |
| Sep 3, 2024 | Sep 3 | Oct 7 | $0.26 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 28.37M · Float 28.17M · 99.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.45M | 15.69% | 13F | Aug 7, 2026 |
| Earnest Partners LLC | 2.42M | 8.55% | 13F | Aug 13, 2026 |
| American Century Companies Inc | 1.86M | 6.55% | 13F | Aug 12, 2026 |
| Vanguard Portfolio Management LLC | 1.81M | 6.37% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 1.28M | 4.52% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 17, 2025 | Gunnar Kleveland | director, officer: President and CEO | +2,300 | $42.04 |
Peers
- Hexcel
Global leader in advanced composites materials and finished aerospace structures
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Albany International | $58.35 | +0.12% | $1.66B | — | 20.1 | 1.4 | +5.8% |
| Hexcel | $94.87 | −0.03% | $7.17B | 47.7 | 36.2 | 3.6 | +8.0% |
| Median | 47.7 | 36.2 | 3.6 | +8.0% |