Albany International Corp. (AIN) Balance Sheet
AIN balance sheet, 2025
December 31, 2025 · U.S. dollars$1.72B assets = $986.6M liabilities + $732.1M equity
Both columns are drawn to the same scale: what AIN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AIN financial health
Descriptive bands, not a rating. Fiscal 2025.
AIN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.26B2016 | $1.72B2025 | +3.5%/yr | |
| Total liabilities | $752.1M2016 | $986.6M2025 | +3.1%/yr | |
| Shareholders’ equity | $507.5M2016 | $726.2M2025 | +4.1%/yr | |
| Cash & short-term investments | $181.7M2016 | $112.3M2025 | −5.2%/yr | |
| Total debt | $484.9M2016 | $455.7M2025 | −0.7%/yr | |
| Net cash (debt) | −$303.2M2016 | −$343.3M2025 | −$40.2M | |
| Working capital | $301.3M2016 | $486.5M2025 | +$185.2M | |
| Book value per share | $15.802016 | $24.562025 | +5.0%/yr | |
| Current ratio | 2.512016 | 2.102025 | −0.41 | |
| Debt / equity | 0.962016 | 0.632025 | −0.33 | |
| Shares outstanding | 32.1M2016 | 29.6M2025 | −0.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AIN assets
AIN liabilities and equity
AIN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AIN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $112.3M | $115.3M | $173.4M | $291.8M | $302.0M | $241.3M | $195.5M | $197.8M | $183.7M | $181.7M |
| Cash & equivalents | $112.3M | $115.3M | $173.4M | $291.8M | $302.0M | $241.3M | $195.5M | $197.8M | $183.7M | $181.7M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $235.1M | $413.2M | $470.1M | $356.7M | $306.5M | $328.4M | $299.1M | $283.2M | $204.1M | $172.5M |
| Inventory | $121.6M | $145.8M | $169.6M | $139.1M | $117.9M | $110.5M | $95.1M | $85.9M | $136.5M | $133.9M |
| Other current assets | $459.8M | $56.3M | $64.9M | $51.0M | $32.4M | $37.1M | $28.5M | $26.2M | $21.0M | $13.2M |
| Total current assets | $928.8M | $730.7M | $878.0M | $838.4M | $758.8M | $717.3M | $618.3M | $593.0M | $545.3M | $501.3M |
| Property, plant & equipment (net) | $482.6M | $563.4M | $652.8M | $445.7M | $436.4M | $466.3M | $466.5M | $462.1M | $451.8M | $422.6M |
| Goodwill & intangible assets | $183.9M | $214.4M | $224.8M | $212.0M | $221.2M | $234.4M | $233.8M | $213.6M | $222.2M | $226.8M |
| Long-term investments | $0 | $0 | $0 | $27.9M | $31.8M | $36.3M | $41.2M | $45.1M | $68.6M | $68.9M |
| Other non-current assets | $123.4M | $140.2M | $79.4M | $118.2M | $107.8M | $95.7M | $114.5M | $104.2M | $71.7M | $43.9M |
| Total assets | $1.72B | $1.65B | $1.84B | $1.64B | $1.56B | $1.55B | $1.47B | $1.42B | $1.36B | $1.26B |
| Liabilities | ||||||||||
| Accounts payable | $64.5M | $66.1M | $87.1M | $69.7M | $69.0M | $49.2M | $65.2M | $52.2M | $44.9M | $43.3M |
| Short-term debt | $0 | $7.6M | $11.6M | $5.9M | $5.3M | $5.9M | $5.9M | $1.2M | $2.1M | $52.0M |
| Deferred revenue | — | $6.1M | $7.1M | $15.2M | $7.0M | $8.2M | $5.7M | $6.8M | $9.8M | $9.5M |
| Total current liabilities | $442.3M | $226.4M | $248.7M | $211.3M | $208.2M | $190.9M | $202.7M | $189.3M | $162.7M | $200.0M |
| Long-term debt | $455.7M | $318.5M | $452.7M | $439.0M | $350.0M | $398.0M | $424.0M | $523.7M | $514.1M | $432.9M |
| Lease obligations | $11.7M | $68.7M | $58.0M | $56.1M | $30.9M | $35.6M | $5.9M | — | — | — |
| Other long-term liabilities | $88.6M | $154.9M | $166.3M | $124.4M | $120.3M | $141.2M | $145.0M | $96.7M | $112.0M | $119.2M |
| Total liabilities | $986.6M | $699.7M | $867.7M | $774.7M | $678.5M | $730.1M | $771.7M | $809.7M | $788.8M | $752.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $40,000 | $428.5M | $426.0M |
| Retained earnings (deficit) | $976.4M | $1.07B | $1.01B | $931.3M | $863.1M | $770.7M | $698.5M | $589.6M | $531.9M | $522.9M |
| Treasury stock | — | — | — | −$364.9M | −$280.1M | −$256.0M | −$256.4M | −$256.6M | −$256.9M | −$257.1M |
| Accumulated other comprehensive income | −$143.5M | −$196.0M | −$133.2M | −$144.9M | −$146.0M | −$132.4M | −$176.0M | −$158.4M | −$135.9M | −$184.2M |
| Minority interest | $5.9M | $5.4M | $6.0M | $4.5M | $3.6M | $3.8M | $4.0M | $3.0M | $3.2M | $3.8M |
| Total shareholders' equity | $726.2M | $943.5M | $961.4M | $863.0M | $877.6M | $816.1M | $698.7M | $605.2M | $567.6M | $507.5M |
| Key figures | ||||||||||
| Total debt | $455.7M | $387.2M | $514.9M | $495.1M | $355.3M | $433.6M | $467.0M | $524.9M | $516.2M | $484.9M |
| Net cash (debt) | −$343.3M | −$271.9M | −$341.4M | −$203.3M | −$53.3M | −$192.3M | −$271.4M | −$327.2M | −$332.5M | −$303.2M |
| Working capital | $486.5M | $504.3M | $629.3M | $627.1M | $550.6M | $526.4M | $415.6M | $403.7M | $382.6M | $301.3M |
| Tangible book value | $542.3M | $729.1M | $736.5M | $651.0M | $656.4M | $581.6M | $464.9M | $391.7M | $345.4M | $280.7M |
| Book value per share | $24.56 | $30.11 | $30.74 | $27.44 | $27.03 | $25.22 | $21.62 | $18.74 | $17.60 | $15.80 |
| Shares outstanding | 29.6M | 31.3M | 31.3M | 31.5M | 32.5M | 32.4M | 32.3M | 32.3M | 32.2M | 32.1M |
| Current ratio | 2.10 | 3.23 | 3.53 | 3.97 | 3.65 | 3.76 | 3.05 | 3.13 | 3.35 | 2.51 |
| Quick ratio | 0.79 | 2.33 | 2.59 | 3.07 | 2.92 | 2.99 | 2.44 | 2.54 | 2.38 | 1.77 |
| Debt / equity | 0.63 | 0.41 | 0.54 | 0.57 | 0.40 | 0.53 | 0.67 | 0.87 | 0.91 | 0.96 |
| Equity / assets | 42.3% | 57.2% | 52.4% | 52.6% | 56.4% | 52.7% | 47.4% | 42.7% | 41.7% | 40.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $77.3M | $122.6M | $112.3M | $108.3M | $106.7M | $119.4M | $115.3M | $127.2M | $116.4M | $125.4M | $173.4M | $171.5M |
| Cash & equivalents | $77.3M | $122.6M | $112.3M | $108.3M | $106.7M | $119.4M | $115.3M | $127.2M | $116.4M | $125.4M | $173.4M | $171.5M |
| Receivables | $252.1M | $322.5M | $235.1M | $398.8M | $448.1M | $447.9M | $432.4M | $467.8M | $479.2M | $496.4M | $470.1M | $436.3M |
| Inventory | $146.2M | $139.8M | $121.6M | $159.7M | $161.9M | $161.1M | $145.8M | $160.6M | $161.6M | $166.0M | $169.6M | $181.0M |
| Other current assets | $465.6M | $378.4M | $459.8M | $73.8M | $58.5M | $40.0M | $37.1M | $48.7M | $49.1M | $57.3M | $64.9M | $67.6M |
| Total current assets | $941.2M | $963.3M | $928.8M | $740.5M | $775.1M | $768.3M | $730.7M | $804.3M | $806.5M | $845.2M | $878.0M | $856.4M |
| Property, plant & equipment (net) | $467.4M | $472.0M | $482.6M | $573.2M | $578.6M | $565.0M | $563.4M | $583.5M | $582.2M | $590.0M | $652.8M | $567.0M |
| Goodwill & intangible assets | $180.2M | $181.6M | $183.9M | $220.4M | $221.7M | $216.4M | $214.4M | $221.9M | $219.7M | $221.5M | $224.8M | $222.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $122.5M | $120.0M | $123.4M | $167.4M | $148.0M | $138.4M | $140.2M | $143.5M | $143.5M | $141.5M | $79.4M | $144.9M |
| Total assets | $1.71B | $1.74B | $1.72B | $1.70B | $1.72B | $1.69B | $1.65B | $1.75B | $1.75B | $1.80B | $1.84B | $1.79B |
| Liabilities | ||||||||||||
| Accounts payable | $75.1M | $75.2M | $64.5M | $86.0M | $96.8M | $83.0M | $66.1M | $77.9M | $84.6M | $80.8M | $87.1M | $70.1M |
| Short-term debt | — | — | $0 | $0 | $0 | $0 | $7.6M | $555,000 | $2.7M | $4.4M | $11.6M | $27.2M |
| Deferred revenue | — | — | — | — | $8.5M | — | $6.1M | $7.1M | $7.7M | −$4.4M | $7.1M | $3.6M |
| Total current liabilities | $420.5M | $438.6M | $442.3M | $316.4M | $220.8M | $207.9M | $226.4M | $218.7M | $224.6M | $212.0M | $248.7M | $242.8M |
| Long-term debt | $450.7M | $476.5M | $455.7M | $480.6M | $444.7M | $416.4M | $318.5M | $361.6M | $374.3M | $434.7M | $452.7M | $463.3M |
| Lease obligations | — | — | $11.7M | — | — | — | $68.7M | — | — | — | $58.0M | — |
| Other long-term liabilities | $88.1M | $86.2M | $88.6M | $159.6M | $163.9M | $158.6M | $154.9M | $176.2M | $179.5M | $177.9M | $166.3M | $162.5M |
| Total liabilities | $959.3M | $1.00B | $986.6M | $956.6M | $829.3M | $782.9M | $699.7M | $756.5M | $778.5M | $824.6M | $867.7M | $868.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 |
| Retained earnings (deficit) | $993.2M | $983.7M | $976.4M | $970.4M | $1.08B | $1.07B | $1.07B | $1.06B | $1.05B | $1.03B | $1.01B | $988.6M |
| Accumulated other comprehensive income | −$144.7M | −$147.8M | −$143.5M | −$141.3M | −$144.3M | −$182.2M | −$196.0M | −$153.5M | −$166.9M | −$147.0M | −$133.2M | −$155.6M |
| Minority interest | $6.4M | $6.0M | $5.9M | $5.7M | $5.5M | — | — | — | — | — | — | — |
| Total shareholders' equity | $745.7M | $729.4M | $726.2M | $739.3M | $888.6M | $900.0M | $943.5M | $991.0M | $967.5M | $967.5M | $961.4M | $914.8M |
| Key figures | ||||||||||||
| Total debt | $450.7M | $476.5M | $455.7M | $481.5M | $444.7M | $416.4M | $387.2M | $362.2M | $377.1M | $439.1M | $514.9M | $490.6M |
| Net cash (debt) | −$373.3M | −$354.0M | −$343.3M | −$373.2M | −$338.0M | −$297.1M | −$271.9M | −$235.0M | −$260.6M | −$313.7M | −$341.4M | −$319.1M |
| Working capital | $520.7M | $524.6M | $486.5M | $424.1M | $554.3M | $560.4M | $504.3M | $585.6M | $581.8M | $633.2M | $629.3M | $613.6M |
| Tangible book value | $565.5M | $547.8M | $542.3M | $518.9M | $666.9M | $683.6M | $729.1M | $769.1M | $747.8M | $745.9M | $736.5M | $692.8M |
| Book value per share | $26.10 | $25.55 | $25.30 | $25.48 | $29.53 | $29.05 | $30.11 | $31.59 | $30.87 | $30.92 | $30.68 | $29.24 |
| Shares outstanding | 28.6M | 28.6M | 28.7M | 29.0M | 30.1M | 31.0M | 31.3M | 31.4M | 31.3M | 31.3M | 31.3M | 31.3M |
| Current ratio | 2.24 | 2.20 | 2.10 | 2.34 | 3.51 | 3.70 | 3.23 | 3.68 | 3.59 | 3.99 | 3.53 | 3.53 |
| Quick ratio | 0.78 | 1.01 | 0.79 | 1.60 | 2.51 | 2.73 | 2.42 | 2.72 | 2.65 | 2.93 | 2.59 | 2.50 |
| Debt / equity | 0.60 | 0.65 | 0.63 | 0.65 | 0.50 | 0.46 | 0.41 | 0.37 | 0.39 | 0.45 | 0.54 | 0.54 |
| Equity / assets | 43.6% | 42.0% | 42.3% | 43.4% | 51.6% | 53.3% | 57.2% | 56.5% | 55.2% | 53.8% | 52.4% | 51.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
AIN financial position
At the end of fiscal 2025 (December 31, 2025), Albany International had total assets of $1.7 billion (up 4.2% from a year earlier), total liabilities of $986.6 million and shareholders' equity of $726.2 million. It held $112.3 million in cash and short-term investments against $455.7 million of debt, net debt of $343.3 million. Its current ratio was 2.10. In the latest quarter (ended June 30, 2026) total assets were $1.7 billion and equity $745.7 million.
Related: AIN income statement, AIN cash flow statement, AIN key metrics. See the AIN stock overview for the latest quote and news.
AIN balance sheet FAQ
What are Albany International's total assets?
Albany International reported total assets of $1.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.6 billion a year earlier.
How much debt does Albany International have?
Albany International had $455.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.63.
How much cash does Albany International have?
Albany International held $112.3 million in cash and short-term investments at the end of fiscal 2025; with $455.7 million of debt that is net debt of $343.3 million.
What is Albany International's book value?
Albany International's shareholders' equity (book value) was $726.2 million at the end of fiscal 2025, or $24.56 per share.
What is Albany International's current ratio?
Albany International had current assets of $928.8 million and current liabilities of $442.3 million, a current ratio of 2.10 (it can cover its short-term obligations).
How much goodwill does Albany International have?
Albany International carried $183.9 million of goodwill and intangible assets, 10.7% of total assets, at the end of fiscal 2025.