Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Albany International's share price for the quarter that ended in Dec. 2023 was $98.22. Albany International's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 31 Mil. Therefore, Albany International's market cap for the quarter that ended in Dec. 2023 was $3,064 Mil.
Albany International's quarterly market cap
declined
from Jun. 2023 ($2,908 Mil) to Sep. 2023 ($2,692 Mil) but then
increased
from Sep. 2023 ($2,692 Mil) to Dec. 2023 ($3,064 Mil).
Albany International's annual market cap
increased
from Dec. 2021 ($2,839 Mil) to Dec. 2022 ($3,067 Mil) but then
declined
from Dec. 2022 ($3,067 Mil) to Dec. 2023 ($3,064 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Albany International's Enterprise Value for Today is $3,089 Mil.
Albany International Market Cap Historical Data
The historical data trend for Albany International's Market Cap 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 Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
2,452.82
2,374.58
2,838.86
3,067.22
3,063.98
Albany International Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
3,067.22
2,785.13
2,908.42
2,691.51
3,063.98
Competitive Comparison
For the Textile Manufacturing subindustry, Albany International's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Albany International's Market Cap distribution charts can be found below:
* The bar in red indicates where Albany International's Market Cap falls into.
Albany International Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Albany International's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:AIN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Albany International Market Cap Related Terms
Thank you for viewing the detailed overview of Albany International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Albany International (Albany International) Business Description
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.
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