Albany International Corp (AIN) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 28, 2020
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Albany International Corp (AIN, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Albany International Corp engages in the business of advanced textiles and materials processing. The company operates across the world offering machine clothing products, engineered fabric, and engineered composites for automotive and aerospace industry. Albany International Corp has a market cap of $2.13 billion; its shares were traded at around $65.85 with a P/E ratio of 16.11 and P/S ratio of 2.00. The dividend yield of Albany International Corp stocks is 1.13%. Albany International Corp had annual average EBITDA growth of 12.20% over the past ten years. GuruFocus has detected 2 severe warning signs with Albany International Corp. .

For the last quarter Albany International Corp reported a revenue of $257.7 million, compared with the revenue of $251.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.1 billion, an increase of 7.3% from last year. For the complete 30-year financial data, please go here.. For the last five years Albany International Corp had an average revenue growth rate of 8.4% a year.

The reported diluted earnings per share was $4.1 for the year, an increase of 59.5% from previous year. Over the last five years Albany International Corp had an EPS growth rate of 19.9% a year. The Albany International Corp had a decent operating margin of 18.64%, compared with the operating margin of 15.31% a year before. The 10-year historical median operating margin of Albany International Corp is 10.52%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Albany International Corp has the cash and cash equivalents of $195.5 million, compared with $197.8 million in the previous year. The long term debt was $424.0 million, compared with $523.7 million in the previous year. Albany International Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $65.85, Albany International Corp is traded at 31.9% premium to its historical median P/S valuation band of $49.92. The P/S ratio of the stock is 2.00, while the historical median P/S ratio is 1.53. The stock lost 11.47% during the past 12 months.

For the complete 20-year historical financial data of AIN, click here.