ALBANY INTERNATIONAL CORP.
AIN · Consumer Discretionary · FY2025 filings · No moat ·
Doesn't clear the bar
The four filters
Median gross margin 37.3% over 10y, stable.
Median ROIC 10.0%, above the 9% hurdle in 60% of years.
Net debt/EBITDA 6.6x, interest coverage -1x.
Owner earnings trend unclear, share count shrinking (buybacks).
Margin of safety
- Owner earnings (normalized)
- $96.7M
- Est. intrinsic value / share
- —
- Recent price
- $74.54
- Discount to value
- No price data
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
18 years of fundamentals
The business, in plain English
ALBANY INTERNATIONAL CORP. booked $1.2B of revenue in FY2025 in the Consumer Discretionary sector and kept 20.6% of it as gross profit — a moderate-margin business by that measure. After every other cost, −4.8% of each revenue dollar reached the bottom line.
Across the filed record, revenue grew from $737.6M (FY2009) to $1.2B (FY2025) — about 3.0% a year compounded over 16 years.
It earned −2.7% on invested capital in FY2025, with a median of 8.2% across 16 filed years. The Returns on Capital filter above scores it 43/100.
The balance sheet carried $455.7M of total debt in FY2025. Balance-Sheet Safety scores it 0/100.
The share count has held roughly flat between FY2009 and FY2024. Capital Discipline scores it 50/100.
Put together: Capital Discipline is the strongest of the four filters (50/100) and Balance-Sheet Safety the weakest (0/100), which is how AIN lands at 38/100 — a None moat.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in AIN’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Moat Score history
Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — AIN has read No moat for every logged capture since Jul 17, 2026.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Consumer Discretionary context
#229 of 340 scored Consumer Discretionary companies, ranked by Moat Score.
Nearest peers by Moat Score
- #227III Information Services Group Inc.38.1 out of 100, No moatNo moat
- #228HOG Harley-Davidson, Inc.37.8 out of 100, No moatNo moat
- #230BNED BARNES & NOBLE EDUCATION, INC.37.5 out of 100, No moatNo moat
- #231PLCE THE CHILDREN’S PLACE, INC.37.4 out of 100, No moatNo moat
Compare AIN with its nearest peers →All Consumer Discretionary companies on the Index →
Common questions about AIN
- Does ALBANY INTERNATIONAL CORP. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores ALBANY INTERNATIONAL CORP. (AIN) 37.7 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 50, returns on capital 43, balance-sheet safety 0, capital discipline 50.
- How has AIN's Moat Score changed over time?
- The record logs 3 readings since Jul 17, 2026; the latest reads 37.7 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.