Albany International Corporation (AIN)

Operating 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
Operating income (ttm)	US$ in thousands	133,462	150,992	165,891	166,384	167,949	164,022	177,596	182,810	181,022	184,853	175,695	174,946	178,010	171,256	165,543	168,304	166,080	174,674	191,579	193,077
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
Operating profit margin		10.85%	11.91%	13.27%	13.96%	14.63%	15.01%	16.56%	17.25%	17.49%	18.37%	17.97%	18.40%	19.16%	18.69%	18.48%	18.97%	18.44%	18.75%	19.34%	18.59%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $133,462K ÷ $1,230,615K
= 10.85%

Albany International Corporation's operating profit margin has shown fluctuations over the years, reflecting changes in the company's operational efficiency and profitability. The trend indicates a relatively stable performance initially, with operating profit margins ranging from 18.59% to 19.34% from March 2020 to June 2021. However, there was a slight decrease in the margin to 18.48% by June 2022.

Subsequently, the operating profit margin demonstrated a more pronounced decline, reaching 10.85% by December 2024. This downward trend may indicate challenges in managing costs, generating revenue, or both. It is essential for the company's management to closely monitor and address the factors contributing to the decreasing operating profit margin to ensure sustained profitability and operational effectiveness in the future.