Albany International Corporation (AIN)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 943,538 | 990,997 | 967,542 | 967,489 | 961,368 | 914,839 | 910,457 | 892,586 | 863,049 | 816,006 | 817,673 | 860,220 | 873,967 | 876,603 | 864,217 | 822,595 | 816,066 | 746,809 | 703,311 | 666,961 |
| ROE | 9.29% | 10.13% | 11.31% | 11.53% | 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% | 13.42% | 15.73% | 16.84% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $87,623K ÷ $943,538K
= 9.29%
Albany International Corporation's return on equity (ROE) has shown fluctuating trends over the periods provided. From March 2020 to June 2022, the ROE experienced a gradual decline from 16.84% to 15.46%. This was followed by a slight increase to 13.02% by September 2022 before decreasing further to 9.29% by December 2024.
Overall, the ROE has been on a downward trajectory, indicating a decreasing ability of the company to generate profits from its shareholders' equity. This trend suggests potential inefficiencies in managing the company's assets and liabilities to maximize profitability. Further analysis of the company's financial performance and strategic initiatives may be needed to address the declining ROE and improve shareholder value.