Latest Ratios: P/E Ratio -37.8x · EV/EBITDA 33.8x · ROE -6.8%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.1B | $1.5B | $2.5B | $3.1B | $3.1B | $2.9B | $2.4B | $2.5B | $2.0B | $2.0B | $1.5B |
| Enterprise Value | $2.4B | $1.8B | $2.8B | $3.4B | $3.3B | $3.0B | $2.6B | $2.7B | $2.3B | $2.3B | $1.8B |
| P/E Ratio → | -37.83 | — | 28.56 | 27.67 | 32.43 | 24.23 | 24.07 | 18.52 | 24.29 | 59.66 | 28.23 |
| P/S Ratio | 1.76 | 1.27 | 2.04 | 2.68 | 3.00 | 3.09 | 2.64 | 2.33 | 2.05 | 2.29 | 1.91 |
| P/B Ratio | 2.96 | 2.05 | 2.64 | 3.18 | 3.57 | 3.27 | 2.90 | 3.49 | 3.31 | 3.47 | 2.91 |
| P/FCF | 25.18 | 18.14 | 18.13 | 47.63 | 97.32 | 17.53 | 24.05 | 18.45 | 40.65 | — | 246.83 |
| P/OCF | 13.65 | 9.83 | 11.47 | 20.75 | 24.19 | 13.20 | 16.94 | 12.25 | 15.22 | 32.11 | 18.71 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.56 | 2.26 | 2.97 | 3.19 | 3.17 | 2.85 | 2.59 | 2.39 | 2.68 | 2.30 |
| EV / EBITDA | 33.79 | 25.68 | 21.53 | 13.95 | 13.21 | 11.69 | 10.75 | 10.31 | 10.83 | 15.62 | 11.24 |
| EV / EBIT | — | — | 20.78 | 18.90 | 22.06 | 16.09 | 16.52 | 13.77 | 17.30 | 31.56 | 19.09 |
| EV / FCF | — | 22.29 | 20.10 | 52.92 | 103.70 | 18.01 | 25.99 | 20.49 | 47.25 | — | 297.14 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.6% | 20.6% | 32.6% | 36.9% | 37.7% | 40.7% | 41.2% | 37.7% | 35.6% | 34.2% | 38.5% |
| Operating Margin | -1.4% | -1.4% | 10.7% | 14.6% | 17.5% | 19.2% | 18.4% | 18.4% | 14.0% | 8.8% | 11.8% |
| Net Profit Margin | -4.8% | -4.8% | 7.1% | 9.7% | 9.3% | 12.8% | 10.9% | 12.6% | 8.4% | 3.6% | 6.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.8% | -6.8% | 9.1% | 12.1% | 11.0% | 14.0% | 13.0% | 20.2% | 14.1% | 5.7% | 10.4% |
| ROA | -3.4% | -3.4% | 5.0% | 6.4% | 6.0% | 7.6% | 6.5% | 9.2% | 6.0% | 2.4% | 4.6% |
| ROIC | -1.1% | -1.1% | 7.8% | 10.6% | 13.4% | 13.6% | 12.5% | 15.2% | 11.2% | 6.6% | 9.9% |
| ROCE | -1.2% | -1.2% | 8.7% | 11.1% | 13.0% | 13.2% | 12.6% | 15.5% | 11.3% | 6.7% | 9.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.62 | 0.62 | 0.41 | 0.53 | 0.57 | 0.43 | 0.53 | 0.66 | 0.86 | 0.90 | 0.95 |
| Debt / EBITDA | 6.35 | 6.35 | 3.00 | 2.10 | 1.98 | 1.51 | 1.82 | 1.77 | 2.43 | 3.49 | 3.05 |
| Net Debt / Equity | — | 0.47 | 0.29 | 0.35 | 0.23 | 0.09 | 0.23 | 0.39 | 0.54 | 0.58 | 0.59 |
| Net Debt / EBITDA | 4.79 | 4.79 | 2.11 | 1.40 | 0.81 | 0.31 | 0.81 | 1.03 | 1.51 | 2.24 | 1.90 |
| Debt / FCF | — | 4.15 | 1.97 | 5.29 | 6.38 | 0.48 | 1.95 | 2.04 | 6.60 | — | 50.31 |
| Interest Coverage | -0.62 | -0.62 | 4.40 | 5.10 | 8.47 | 16.80 | 13.30 | 9.42 | 6.51 | 4.17 | 6.75 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.10 | 2.10 | 3.23 | 3.53 | 3.97 | 3.65 | 3.76 | 3.05 | 3.13 | 3.35 | 2.51 |
| Quick Ratio | 1.83 | 1.83 | 2.58 | 2.85 | 3.31 | 3.08 | 3.18 | 2.58 | 2.68 | 2.51 | 1.84 |
| Cash Ratio | 0.25 | 0.25 | 0.51 | 0.70 | 1.38 | 1.45 | 1.26 | 0.96 | 1.04 | 1.13 | 0.91 |
| Asset Turnover | — | 0.69 | 0.75 | 0.63 | 0.63 | 0.60 | 0.58 | 0.71 | 0.69 | 0.64 | 0.62 |
| Inventory Turnover | 7.72 | 7.72 | 5.68 | 4.27 | 4.64 | 4.67 | 4.79 | 6.90 | 7.37 | 4.16 | 3.58 |
| Days Sales Outstanding | — | 72.54 | 122.57 | 149.47 | 125.79 | 120.39 | 133.10 | 103.57 | 105.23 | 86.24 | 80.73 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | 2.2% | 1.3% | 1.0% | 0.9% | 0.9% | 1.0% | 0.9% | 1.1% | 1.1% | 1.5% |
| Payout Ratio | — | — | 37.1% | 28.0% | 27.6% | 21.9% | 24.9% | 17.6% | 26.5% | 70.6% | 41.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 3.5% | 3.6% | 3.1% | 4.1% | 4.2% | 5.4% | 4.1% | 1.7% | 3.5% |
| FCF Yield | 4.0% | 5.5% | 5.5% | 2.1% | 1.0% | 5.7% | 4.2% | 5.4% | 2.5% | — | 0.4% |
| Buyback Yield | 8.9% | 12.4% | 0.6% | 0.1% | 2.7% | 0.8% | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% |
| Total Shareholder Yield | 10.4% | 14.6% | 1.9% | 1.1% | 3.6% | 1.7% | 1.1% | 1.0% | 1.2% | 1.2% | 1.6% |
| Shares Outstanding | — | $30M | $31M | $31M | $31M | $32M | $32M | $32M | $32M | $32M | $32M |
Aerospace supply chain volatility
According to recent market data, AIN trades at a forward P/E of 28.90, which suggests that investors are pricing in a significant recovery in profitability despite the current TTM P/E of -39.32, reflecting a valuation premium relative to the historical volatility of its aerospace-exposed earnings.
The divergence between trailing and forward multiples indicates that the market is looking past current operational losses toward a normalized earnings profile. However, the EV/EBITDA multiple of 34.94 appears elevated compared to peers, suggesting that the market may be overestimating the speed of margin expansion in the Engineered Composites segment.
As reported in financial statements, AIN's ROIC has compressed to 2.0% in 2026Q1, a significant decline from historical levels that highlights the difficulty of generating adequate returns on invested capital while simultaneously scaling complex, capital-intensive aerospace manufacturing programs across its global footprint.
The persistent pressure on ROIC suggests that the company is struggling to achieve the necessary asset utilization to justify its recent capital expenditures. Investors should monitor whether this decay is a structural consequence of the AEC segment's long-term contract structure or merely a temporary drag from recent facility integrations.
Based on the provided figures, the cash conversion cycle has remained elevated at 106 days in 2026Q1, indicating that AIN faces structural challenges in managing its inventory and receivables, which may be exacerbated by the long-cycle nature of its aerospace and paper machine clothing business models.
The high DSO of 81 days suggests that the company may be granting extended payment terms to its aerospace customers, which creates a persistent drag on cash flow. This inefficiency warrants further investigation into whether the company's bargaining power with major OEMs is sufficient to offset the resulting working capital burden.
According to recent SEC filings, AIN maintains a debt-to-equity ratio of 0.65, which remains well within conservative bounds and provides the company with a necessary financial cushion to navigate the current period of negative operating margins and potential integration risks from the Heimbach acquisition.
While the interest coverage ratio of 5.22x appears adequate, the volatility in operating income suggests that debt service could become more burdensome if the current margin compression persists. The company's ability to maintain this leverage profile while funding growth initiatives appears to be a key pillar of its current financial stability.
Based on an analysis of AIN's business model, the P/E ratio is the most commonly misapplied metric, as it fails to account for the significant non-cash charges and long-term contract accounting nuances that frequently distort the company's reported net income and earnings quality.
Investors should instead focus on EV/EBITDA or free cash flow yields, which better capture the underlying cash-generating capacity of the Machine Clothing segment and the project-based milestones of the AEC business. Relying on P/E in this context obscures the true operational health of the firm by focusing on accounting-driven bottom-line volatility.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying AIN stock.
Albany International Corp.'s current P/E ratio is -37.8x. The historical average is 29.1x.
Albany International Corp.'s current EV/EBITDA is 33.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.6x.
Albany International Corp.'s return on equity (ROE) is -6.8%. The historical average is 8.4%.
Based on historical data, Albany International Corp. is trading at a P/E of -37.8x. Compare with industry peers and growth rates for a complete picture.
Albany International Corp.'s current dividend yield is 1.50%.
Albany International Corp. has 20.6% gross margin and -1.4% operating margin.
Albany International Corp.'s Debt/EBITDA ratio is 6.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.