TacticScaleWhat Albany International Does & How It Makes Money (AIN)
Updated October 2026 · reflects Albany International's latest reported financials
Maker of paper machine fabrics and aerospace composite components. It earns revenue by selling engineered fabrics and processing belts to paper, tissue, pulp, nonwovens and other industrial producers, and by selling composite airframe and engine components to commercial aerospace, defense and space customers.
How Albany International makes money
It earns revenue by selling engineered fabrics and processing belts to paper, tissue, pulp, nonwovens and other industrial producers, and by selling composite airframe and engine components to commercial aerospace, defense and space customers.
What Albany International does
Albany International Corp., incorporated in 1895 and headquartered in Portsmouth, New Hampshire, runs two businesses. Machine Clothing (MC), its core business, designs and makes forming, pressing and drying fabrics and processing belts used to produce paper, paperboard, tissue, towels, pulp, building products, nonwovens, fiber cement and other materials. Its Albany Engineered Composites (AEC) segment makes 3D-woven and injected composite components for aircraft engines, along with composite airframe and engine parts for military and commercial aircraft. AEC sells to commercial aerospace, defense, space-launch and emerging advanced air mobility customers. The company operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany and other countries.
Products & services
- Paper machine forming fabrics
- Paper machine pressing fabrics
- Paper machine drying fabrics
- Processing belts and engineered fabrics
- 3D-woven composite aircraft engine components
- Composite airframe components
What is Albany International worth?
On an owner-earnings DCF, Albany International's most-likely value is about $58 versus a recent price near $62 (6% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$36) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
International Paper (IP) · Kadant (KAI) · Avic Aviation High-Technology (600862.SS) · Innovation New Material Technology (600361.SS) · Packaging Corporation of America (PKG)