Albany International(NYSE) AIN

Albany makes special fabrics for paper mills. It also builds strong parts for airplanes. These products help machines run more efficiently.

What Does Albany Build?

• Machine Clothing: Custom-designed belts and fabrics used to make paper and cardboard; accounted for roughly 60% of net revenues in 2025.
• Engineered Composites: Advanced 3D-woven parts for jet engines and military aircraft; represented about 40% of net revenues in 2025.
• Fan Blades and Cases: Exclusive composite components for LEAP engines used in commercial jets; sold through a partnership with SAFRAN.
• Industrial Fabrics: Solutions for nonwovens and fiber cement used in construction and textile industries.

Recent Moves and Changes

• Acquired the Heimbach Group to expand its global reach and manufacturing footprint in the paper industry.
• Announced a strategic review in late 2025 to potentially sell its structures assembly business in Salt Lake City.
• Achieved a critical cybersecurity certification in December 2025 to maintain eligibility for US military contracts.
• Partnered with SAFRAN to form Albany Safran Composites for exclusive aerospace manufacturing.

The 3D Weaving Edge

The company uses proprietary 3D-weaving technology to create composite parts that are stronger than traditional metal. These innovations allow aerospace customers to reduce aircraft weight and lower carbon emissions.

The Latest Financial Scores

• Total net revenues reached $1.18 billion in 2025, down 3.9% from the previous year.
• Operating income hit $33.7 million in Q4 2025, up 38.5% year-over-year.
• Net income was $13.9 million in Q4 2025, down 21.5% from the same period in 2024.
• Free cash flow stood at $51.4 million in Q4 2025, down 13.3% from 2024.

Evolution Over 130 Years

Albany has transitioned from a traditional textile maker into a high-tech materials company. Its expansion into aerospace and defense provides a specialized balance to its legacy paper-making business.