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Albany International Inc. AIN Noncontrolling Interest Increase From Business Combination

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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$1.73B-3.6%
Enterprise value$2.08B-2.3%
P/S1.4×-0.1×

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:NoncontrollingInterestIncreaseFromBusinessCombination.

The source filing: Albany International Inc.’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 5:00 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012906
(in thousands)Class ACommon Stock / SharesClass ACommon Stock / AmountAdditional paid-in capitalRetained earningsAccumulated items of othercomprehensive incomeClass ATreasury Stock / SharesClass ATreasury Stock / AmountNoncontrolling InterestTotal Equity
Compensation and benefits paid or payable in shares715,8515,851
Shares issued to Directors'827(13)2581,085
Dividends declared on Class A Common Stock, $1.01 per share(31,496)(31,496)
Initial equity related to Noncontrolling Interest in Arcari509509
Cumulative translation adjustments21,95045922,409
Pension and postretirement liability adjustments(1,563)(1,563)
Derivative valuation adjustment(8,628)(8,628)
December 31, 202340,856$41$448,218$1,010,942$(133,168)9,662$(364,665)$5,952$967,320

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Albany International Inc.'s noncontrolling interest increase from business combination?
Albany International Inc. (AIN) reported noncontrolling interest increase from business combination of $127.25K in Q4 2023.
What does noncontrolling interest increase from business combination mean?
The increase in the equity portion attributable to minority shareholders resulting from the acquisition of a subsidiary where the company does not own 100% of the voting interest. This metric highlights the company's involvement in joint ventures or partially-owned business combinations. It is important for understanding the consolidated financial position and the claims of third parties on subsidiary earnings.

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