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Albany International (FRA:AII) Pretax Margin % : 12.33% (As of Mar. 2024)


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What is Albany International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Albany International's Pre-Tax Income for the three months ended in Mar. 2024 was €36 Mil. Albany International's Revenue for the three months ended in Mar. 2024 was €288 Mil. Therefore, Albany International's pretax margin for the quarter that ended in Mar. 2024 was 12.33%.

The historical rank and industry rank for Albany International's Pretax Margin % or its related term are showing as below:

FRA:AII' s Pretax Margin % Range Over the Past 10 Years
Min: 6.33   Med: 12.24   Max: 17.86
Current: 13.54


FRA:AII's Pretax Margin % is ranked better than
83.59% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.48 vs FRA:AII: 13.54

Albany International Pretax Margin % Historical Data

The historical data trend for Albany International's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Albany International Pretax Margin % Chart

Albany International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.91 15.44 17.86 12.75 13.98

Albany International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.01 17.11 12.93 12.20 12.33

Competitive Comparison of Albany International's Pretax Margin %

For the Textile Manufacturing subindustry, Albany International's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Albany International's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Albany International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Albany International's Pretax Margin % falls into.



Albany International Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Albany International's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=147.138/1052.633
=13.98 %

Albany International's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=35.549/288.264
=12.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Albany International  (FRA:AII) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Albany International Pretax Margin % Related Terms

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Albany International (FRA:AII) Business Description

Traded in Other Exchanges
Address
216 Airport Drive, Rochester, NH, USA, 03867
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has a global operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.

Albany International (FRA:AII) Headlines

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