Forensic Analysis · Durable Goods, Textiles & Apparel · as of Sep 25, 2026
Albany International Corp /De/ (AIN)
A forensic read on Albany International Corp /De/ built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
5.4
Distress distance
Clean
Earnings quality
2
Forensic signals
-35.0
P / E (ttm)
-7.9%
ROE
$1.7B
Market cap
1.17%
Dividend yield
-3.9%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Albany International Corp /De/ earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 5.4, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-2.5%
FY2025
Return on invested capital.Return on invested capital is -2.5% in the latest fiscal year and slipping across FY2023–FY2025 from 8.2%. After-tax operating profit was $117M in FY2023 and ($29M) in FY2025, with operating income at 14.6% of revenue in FY2023, 10.7% in FY2024 and -3.1% in FY2025. The capital base behind it came down -18% across FY2023–FY2025, from $1.4B to $1.2B, so this is a return struck on a smaller base rather than a record of money put to work. FY2025's operating profit carried a $14M restructuring charge that alone took about 0.9 points off that year's return, so about 0.9 of the 10.7-point fall across FY2023–FY2025 is that charge landing in the latest year rather than the capital earning less.
270% of FCF
FY2025
Shareholder returns.Returned $218M to shareholders (buybacks + dividends) in FY2025 — 270% of free cash flow. That is $138M (170%) more than free cash flow covered, and more than operating cash flow as well. The balance sheet covered it: cash fell $3M and total debt rose $137M over FY2025. A payout past free cash flow draws the balance sheet down in every year it continues, which isn't sustainable indefinitely. Counting the $10M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 282%.
Key fundamentals
Latest Revenue$1.18B
Revenue Growth YoY-3.9%
Revenue CAGR (2yr)+1.5%
Net Margin-4.8%
Free Cash Flow$81.0M
Return on Equity-7.9%
Debt / Equity0.63x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Albany International Corp /De/'s actual 10-K/10-Q/8-K filings?