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Albany International Inc. AIN Noncontrolling interests in subsidiaries

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Other financials

Income statement

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Revenue$311.3M+7.8%
Gross profit$99.8M+3.4%
Operating income$25.4M-10.2%
Net income$15.3M-12.0%
EPS (diluted)$0.54-3.6%

Balance sheet

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Cash & equivalents$122.6M+2.7%
Total debt$476.5M+14.4%
Total equity$729.4M-19.0%
Total assets$1.7B+2.9%

Cash flow

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Operating cash flow$5.6M+166%
CapEx$9.3M-40.4%
Free cash flow-$3.6M+72.9%

Valuation

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Market cap$1.78B-0.9%
Enterprise value$2.13B0.0%
P/S1.5×0.0×

Profitability

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Gross margin20.5%-11.8pp
Operating margin-3.6%-15.4pp
Net margin-4.7%-12.6pp
FCF margin7.7%-4.1pp

Returns & leverage

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Return on equity-6.2%-16.7pp
Debt / equity0.7×+0.2×
Current ratio2.2×-1.5×

Where this comes from

Reported directly by Albany International Inc. in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Albany International Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:36 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028744
Line item(unaudited) / March 31, 2026December 31, 2025
Translation adjustments(124,214)(119,008)
Pension and postretirement liability adjustments(23,327)(23,911)
Derivative valuation adjustment(293)(619)
Treasury stock (Class A), at cost; 12,685,782 shares in 2026 and 12,685,782 in 2025(567,139)(567,139)
Total shareholders' equity729,401726,209
Noncontrolling interest6,0145,893
Total equity735,415732,102
Total liabilities and shareholders' equity$1,736,787$1,718,709

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Albany International Inc.'s noncontrolling interests in subsidiaries?
Albany International Inc. (AIN) reported noncontrolling interests in subsidiaries of $6.01M in Q1 2026.
How has Albany International Inc.'s noncontrolling interests in subsidiaries changed year-over-year?
Albany International Inc.'s noncontrolling interests in subsidiaries increased by 15.8% year-over-year, from $5.19M to $6.01M.
What is the long-term trend for Albany International Inc.'s noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Albany International Inc.'s noncontrolling interests in subsidiaries has grown at a 9.2% compound annual growth rate (CAGR), from $3.8M to $5.89M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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