Albany International Corporation (AIN)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 87,623 | 100,394 | 109,474 | 111,522 | 111,120 | 98,800 | 82,385 | 94,914 | 95,762 | 106,268 | 126,436 | 118,632 | 118,477 | 117,378 | 116,105 | 117,062 | 98,589 | 100,197 | 110,617 | 112,317 |
| Revenue (ttm) | US$ in thousands | 1,230,615 | 1,267,294 | 1,250,014 | 1,192,143 | 1,147,909 | 1,093,111 | 1,072,568 | 1,059,814 | 1,034,887 | 1,006,019 | 977,898 | 951,048 | 929,241 | 916,180 | 895,737 | 887,208 | 900,610 | 931,431 | 990,565 | 1,038,524 |
| Net profit margin | 7.12% | 7.92% | 8.76% | 9.35% | 9.68% | 9.04% | 7.68% | 8.96% | 9.25% | 10.56% | 12.93% | 12.47% | 12.75% | 12.81% | 12.96% | 13.19% | 10.95% | 10.76% | 11.17% | 10.82% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $87,623K ÷ $1,230,615K
= 7.12%
Albany International Corporation's net profit margin has shown fluctuations over the past few years, starting at around 10.82% in March 2020 and reaching a peak of 13.19% in March 2021. Subsequently, the net profit margin declined gradually to 7.12% by December 2024.
The net profit margin indicates the percentage of revenue that translates into profit after all expenses have been deducted. A higher net profit margin suggests that the company is effectively managing its costs and generating more profit from each dollar of revenue.
Albany International Corporation's net profit margin has generally been above 10%, indicating consistent profitability. However, the decreasing trend observed from March 2021 to December 2024 may raise concerns about the company's cost management efficiency or its ability to maintain profitability in the long run.
Further analysis is warranted to understand the factors influencing the fluctuations in the net profit margin and to assess the company's overall financial performance and sustainability.