Albany International Corp
NYSE:AIN
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Gross Margin
Albany International Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 2.6B USD |
Gross Margin |
34%
|
Country | US |
Market Cap | 90.2B USD |
Gross Margin |
36%
|
Country | US |
Market Cap | 82.2B USD |
Gross Margin |
44%
|
Country | SE |
Market Cap | 869.9B SEK |
Gross Margin |
43%
|
Country | JP |
Market Cap | 7.7T JPY |
Gross Margin |
20%
|
Country | US |
Market Cap | 42.4B USD |
Gross Margin |
44%
|
Country | US |
Market Cap | 40.5B USD |
Gross Margin |
30%
|
Country | CH |
Market Cap | 27.8B CHF |
Gross Margin |
22%
|
Country | US |
Market Cap | 30.7B USD |
Gross Margin |
37%
|
Country | US |
Market Cap | 27.9B USD |
Gross Margin |
38%
|
Country | JP |
Market Cap | 4.2T JPY |
Gross Margin |
46%
|
Albany International Corp
Glance View
Albany International Corp. engages in textiles and materials processing. The company is headquartered in Rochester, New Hampshire and currently employs 4,100 full-time employees. The company operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment supplies consumable permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. The company designs, manufactures, and markets paper machine clothing for each section of the paper machine and for every grade of paper. The company also supplies engineered processing belts used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and textile industries. Its paper machine clothing products include forming, pressing, drying fabrics, and others. The AEC segment includes Albany Safran Composites, LLC, in which its customer SAFRAN Group owns interest, provides engineered, advanced composite structures to customers in the commercial and defense aerospace industries.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Albany International Corp's most recent financial statements, the company has Gross Margin of 34%.