Albany International Corporation (AIN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 117,089 | 131,923 | 148,781 | 161,389 | 160,456 | 152,414 | 123,693 | 130,614 | 131,980 | 140,104 | 176,295 | 167,354 | 165,930 | 158,303 | 153,748 | 156,675 | 139,074 | 146,482 | 160,525 | 161,376 |
| 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 |
| Pretax margin | 9.51% | 10.41% | 11.90% | 13.54% | 13.98% | 13.94% | 11.53% | 12.32% | 12.75% | 13.93% | 18.03% | 17.60% | 17.86% | 17.28% | 17.16% | 17.66% | 15.44% | 15.73% | 16.21% | 15.54% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $117,089K ÷ $1,230,615K
= 9.51%
The pretax margin of Albany International Corporation has shown fluctuations over the analyzed period. Starting at 15.54% on March 31, 2020, the pretax margin increased gradually, reaching a peak of 18.03% on June 30, 2022. However, the pretax margin began to decline thereafter, dropping to 9.51% by December 31, 2024.
Overall, the trend in pretax margin indicates some level of volatility, with periods of growth followed by declines. A declining pretax margin may suggest increasing costs relative to revenue, potential inefficiencies in cost management, or other operational challenges that could impact the company's profitability. It would be important for stakeholders to further investigate the reasons behind the fluctuations in pretax margin to ensure the sustainable financial performance of Albany International Corporation.