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Albany International Corp
NYSE:AIN

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Albany International Corp Logo
Albany International Corp
NYSE:AIN
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Price: 87.38 USD -0.79% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

6.4%
Current
7%
Average
3.6%
Industry
Positive for the last year
6.4%
Positive average
7%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
6.4%
=
Net Income
111.1m
/
Total Assets
1.8B

ROA Across Competitors

ROA Comparison
Albany International Corp Competitors

Country US
Market Cap 2.7B USD
ROA
6%
Country SE
Market Cap 939.8B SEK
ROA
16%
Country US
Market Cap 74.3B USD
ROA
19%
Country US
Market Cap 70.5B USD
ROA
9%
Country US
Market Cap 37.6B USD
ROA
15%
Country US
Market Cap 37.1B USD
ROA
5%
Country JP
Market Cap 5T JPY
ROA
10%
Country US
Market Cap 31.6B USD
ROA
5%
Country JP
Market Cap 4.5T JPY
ROA
4%
Country JP
Market Cap 4.2T JPY
ROA
8%
Country CH
Market Cap 24.5B CHF
ROA
5%

Profitability Report

View the profitability report to see the full profitability analysis for Albany International Corp.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
6.4%
=
Net Income
111.1m
/
Total Assets
1.8B
What is the ROA of Albany International Corp?

Based on Albany International Corp's most recent financial statements, the company has ROA of 6.4%.