Albany International Corporation (AIN)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.59% | 36.92% | 37.31% | 37.78% | 37.93% | 39.02% | 39.52% | 40.70% | 41.43% | 41.47% | 41.81% | 42.39% | 41.70% | 40.69% | 39.86% | 38.07% | 37.73% | 37.12% | 36.67% | 36.01% |
| Operating profit margin | 14.89% | 15.10% | 16.58% | 17.37% | 17.62% | 18.55% | 18.26% | 18.67% | 19.49% | 19.01% | 18.76% | 19.27% | 18.66% | 18.88% | 19.42% | 18.59% | 18.36% | 17.88% | 16.77% | 15.89% |
| Pretax margin | 14.19% | 13.99% | 11.49% | 12.36% | 12.77% | 13.98% | 18.24% | 17.79% | 18.14% | 17.55% | 17.41% | 17.92% | 15.78% | 15.94% | 16.36% | 15.61% | 16.81% | 15.88% | 14.81% | 13.93% |
| Net profit margin | 9.86% | 9.10% | 7.69% | 9.02% | 9.32% | 10.67% | 13.14% | 12.66% | 12.97% | 13.03% | 13.16% | 13.41% | 11.08% | 10.83% | 11.21% | 10.81% | 12.56% | 11.53% | 10.55% | 10.33% |
Albany International Corp.'s profitability ratios show some fluctuations over the past eight quarters. The gross profit margin has been relatively stable, ranging from 36.68% to 37.66%, indicating that the company has been able to maintain a consistent level of profitability after accounting for the cost of goods sold.
Meanwhile, the operating profit margin has shown a slight declining trend from 18.51% to 14.65% over the period, indicating that the company's operating expenses have been increasing relatively faster than its gross profits.
The pretax margin has shown fluctuations, with a peak in Q2 2022 at 18.03% and a low in Q3 2023 at 11.53%. This indicates that the company's profitability before taxes has been volatile, potentially influenced by changes in revenue and expenses.
Lastly, the net profit margin, which indicates the company's profitability after all expenses, has also shown variability. The margins range from 7.68% to 12.93%, showing that the company's bottom-line profitability has been inconsistent over the quarters.
Overall, Albany International Corp.'s profitability ratios indicate some variability in its ability to convert sales into profits, suggesting potential challenges in managing costs and maintaining consistent profitability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.15% | 9.16% | 10.40% | 10.78% | 11.02% | 11.76% | 10.89% | 11.07% | 11.44% | 11.12% | 10.84% | 11.13% | 10.72% | 11.72% | 13.10% | 13.01% | 13.13% | 13.34% | 11.83% | 11.12% |
| Return on assets (ROA) | 6.06% | 5.52% | 4.83% | 5.60% | 5.83% | 6.76% | 7.84% | 7.51% | 7.61% | 7.62% | 7.61% | 7.74% | 6.36% | 6.72% | 7.56% | 7.57% | 8.98% | 8.60% | 7.44% | 7.23% |
| Return on total capital | 11.87% | 11.90% | 12.71% | 13.21% | 13.90% | 14.64% | 13.49% | 13.59% | 14.54% | 13.96% | 13.63% | 13.95% | 12.56% | 13.82% | 15.83% | 15.64% | 17.53% | 17.24% | 15.32% | 14.48% |
| Return on equity (ROE) | 11.56% | 10.80% | 9.05% | 10.63% | 11.10% | 13.02% | 15.46% | 13.79% | 13.56% | 13.39% | 13.43% | 14.23% | 12.08% | 13.41% | 15.72% | 16.83% | 18.94% | 18.32% | 16.75% | 16.75% |
Albany International Corp.'s profitability ratios show a fluctuating trend over the recent quarters.
- The operating return on assets (Operating ROA) has been relatively stable, ranging between 9.16% to 11.85% over the past eight quarters. This indicates the company's ability to generate operating profits from its assets, with a peak in Q4 2022.
- The Return on Assets (ROA) has shown a somewhat inconsistent pattern, ranging from 4.83% to 7.84% in the same period. The variability in ROA suggests fluctuations in the company's overall efficiency in generating profits from its total assets.
- The Return on Total Capital has also displayed variability, ranging from 11.68% to 14.74%. This ratio reflects the company's ability to generate returns from both equity and debt capital employed in the business.
- Meanwhile, Return on Equity (ROE) has shown a downward trend, declining from a high of 15.46% in Q2 2022 to 10.80% in Q3 2023. ROE reflects the company's ability to generate profits from shareholders' equity.
Overall, the profitability ratios of Albany International Corp. indicate fluctuations in operational efficiency, profitability from assets and capital, as well as returns to equity holders. Further analysis would be necessary to determine the underlying factors driving these changes and their implications for the company's financial health.