ALBANY INTERNATIONAL CORP /DE/
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
AIN$68.92-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
Index
CONSOLIDATED BALANCE SHEETS
At December 31,
(in thousands, except share and per share data)
| 2025 | 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $112,350 | $115,283 |
| Accounts receivable, net | 235,084 | 246,688 |
| Contract assets, net | 87,102 | 166,557 |
| Inventories | 121,589 | 145,845 |
| Income taxes prepaid and receivable | 43,937 | 19,187 |
| Prepaid expenses and other current assets | 34,990 | 37,132 |
| Assets held for sale | 293,783 | — |
| Total current assets | 928,835 | 730,692 |
| Property, plant and equipment, net | 482,568 | 563,431 |
| Intangibles, net | 21,428 | 38,127 |
| Goodwill | 162,507 | 176,261 |
| Deferred income taxes | 68,499 | 28,757 |
| Other assets | 54,872 | 111,428 |
| Total assets | $1,718,709 | $1,648,696 |
| Liabilities and Shareholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $64,499 | $66,095 |
| Accrued liabilities | 139,385 | 141,904 |
| Income taxes payable | 35,090 | 18,367 |
| Liabilities held for sale | 203,323 | — |
| Total current liabilities | 442,297 | 226,366 |
| Long-term debt | 455,663 | 318,531 |
| Other noncurrent liabilities | 86,850 | 138,830 |
| Deferred taxes and other liabilities | 1,797 | 16,022 |
| Total liabilities | 986,607 | 699,749 |
| Commitments and Contingencies (Note 21) | ||
| Shareholders’ Equity: | ||
| Preferred stock, par value $5.00 per share; authorized 2,000,000 shares; none issued | — | — |
| Class A Common Stock, par value $0.001 per share; authorized 100,000,000 shares; issued 40,989,106 in 2025 and 40,917,539 in 2024 | 41 | 41 |
| Additional paid-in capital | 460,472 | 452,933 |
| Retained earnings | 976,373 | 1,065,763 |
| Accumulated items of other comprehensive income: | ||
| Translation adjustments | (119,008) | (181,555) |
| Pension and postretirement liability adjustments | (23,911) | (14,328) |
| Derivative valuation adjustment | (619) | (106) |
| Treasury stock (Class A), at cost; 12,685,782 shares in 2025 and 9,844,746 in 2024 | (567,139) | (379,210) |
| Total Company shareholders’ equity | 726,209 | 943,538 |
| Noncontrolling interest | 5,893 | 5,409 |
| Total shareholders' equity | 732,102 | 948,947 |
| Total liabilities and shareholders’ equity | $1,718,709 | $1,648,696 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.