Albany International (AIN)
Market Price (12/29/2025): $51.845 | Market Cap: $1.5 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Albany International (AIN)
Market Price (12/29/2025): $51.845Market Cap: $1.5 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14% | Weak multi-year price returns2Y Excs Rtn is -90%, 3Y Excs Rtn is -123% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -26 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.2% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.4%, Rev Chg QQuarterly Revenue Change % is -12% | |
| Attractive yieldDividend Yield is 2.2%, FCF Yield is 5.9% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.5% | |
| Low stock price volatilityVol 12M is 43% | Key risksAIN key risks include [1] persistent, Show more. | |
| Megatrend and thematic driversMegatrends include Advanced Materials, and Advanced Aviation & Space. Themes include Lightweight Composites, Specialty Chemicals for Performance, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26% |
| Attractive yieldDividend Yield is 2.2%, FCF Yield is 5.9% |
| Low stock price volatilityVol 12M is 43% |
| Megatrend and thematic driversMegatrends include Advanced Materials, and Advanced Aviation & Space. Themes include Lightweight Composites, Specialty Chemicals for Performance, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -90%, 3Y Excs Rtn is -123% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -26 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.2% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.4%, Rev Chg QQuarterly Revenue Change % is -12% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.5% |
| Key risksAIN key risks include [1] persistent, Show more. |
Why The Stock Moved
Qualitative Assessment
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Stock Movement Drivers
Fundamental Drivers
The -1.3% change in AIN stock from 9/29/2025 to 12/29/2025 was primarily driven by a -3.1% change in the company's Total Revenues ($ Mil).| 9292025 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 52.51 | 51.84 | -1.27% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1185.46 | 1148.51 | -3.12% |
| P/S Multiple | 1.33 | 1.31 | -1.21% |
| Shares Outstanding (Mil) | 29.93 | 29.01 | 3.06% |
| Cumulative Contribution | -1.36% |
Market Drivers
9/29/2025 to 12/29/2025| Return | Correlation | |
|---|---|---|
| AIN | -1.1% | |
| Market (SPY) | 3.6% | 28.4% |
| Sector (XLI) | 2.5% | 36.3% |
Fundamental Drivers
The -25.3% change in AIN stock from 6/30/2025 to 12/29/2025 was primarily driven by a -26.2% change in the company's P/S Multiple.| 6302025 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 69.45 | 51.84 | -25.35% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1206.06 | 1148.51 | -4.77% |
| P/S Multiple | 1.77 | 1.31 | -26.21% |
| Shares Outstanding (Mil) | 30.82 | 29.01 | 5.88% |
| Cumulative Contribution | -25.61% |
Market Drivers
6/30/2025 to 12/29/2025| Return | Correlation | |
|---|---|---|
| AIN | -25.3% | |
| Market (SPY) | 11.6% | 26.9% |
| Sector (XLI) | 6.8% | 30.1% |
Fundamental Drivers
The -34.2% change in AIN stock from 12/29/2024 to 12/29/2025 was primarily driven by a -32.6% change in the company's P/S Multiple.| 12292024 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 78.74 | 51.84 | -34.16% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1267.29 | 1148.51 | -9.37% |
| P/S Multiple | 1.94 | 1.31 | -32.55% |
| Shares Outstanding (Mil) | 31.25 | 29.01 | 7.16% |
| Cumulative Contribution | -34.50% |
Market Drivers
12/29/2024 to 12/29/2025| Return | Correlation | |
|---|---|---|
| AIN | -34.1% | |
| Market (SPY) | 16.6% | 48.8% |
| Sector (XLI) | 18.9% | 52.2% |
Fundamental Drivers
The -45.2% change in AIN stock from 12/30/2022 to 12/29/2025 was primarily driven by a -55.3% change in the company's P/S Multiple.| 12302022 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 94.68 | 51.84 | -45.24% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1006.02 | 1148.51 | 14.16% |
| P/S Multiple | 2.93 | 1.31 | -55.27% |
| Shares Outstanding (Mil) | 31.11 | 29.01 | 6.75% |
| Cumulative Contribution | -45.49% |
Market Drivers
12/30/2023 to 12/29/2025| Return | Correlation | |
|---|---|---|
| AIN | -45.6% | |
| Market (SPY) | 47.9% | 49.5% |
| Sector (XLI) | 41.1% | 57.2% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AIN Return | -2% | 22% | 13% | 1% | -18% | -34% | -27% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 151% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 114% |
Monthly Win Rates [3] | |||||||
| AIN Win Rate | 50% | 67% | 42% | 50% | 42% | 50% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| AIN Max Drawdown | -58% | -5% | -14% | -20% | -30% | -48% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/29/2025 (YTD)
How Low Can It Go
| Event | AIN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -31.0% | -25.4% |
| % Gain to Breakeven | 44.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -60.1% | -33.9% |
| % Gain to Breakeven | 150.8% | 51.3% |
| Time to Breakeven | 337 days | 148 days |
| 2018 Correction | ||
| % Loss | -28.2% | -19.8% |
| % Gain to Breakeven | 39.4% | 24.7% |
| Time to Breakeven | 186 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -88.1% | -56.8% |
| % Gain to Breakeven | 740.0% | 131.3% |
| Time to Breakeven | 2,684 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Albany International's stock fell -31.0% during the 2022 Inflation Shock from a high on 2/3/2023. A -31.0% loss requires a 44.9% gain to breakeven.
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AI Analysis | Feedback
Here are 1-2 brief analogies to describe Albany International (AIN):
- **3M (MMM) for industrial fabrics and belts,** providing essential engineered materials for manufacturing processes like paper production.
- **Honeywell (HON) for advanced aerospace composite parts,** developing lightweight, high-performance structures for aircraft and launch vehicles.
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- Machine Clothing Fabrics: High-performance, custom-designed fabrics essential for various industrial processes, primarily papermaking.
- Aerospace Composite Structures: Advanced composite components and assemblies used in commercial and military aircraft and other high-performance applications.
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Albany International (AIN) - Major Customers
Albany International (AIN) primarily sells its advanced textiles and materials processing solutions to other companies (B2B) across two main business segments: Albany Engineered Composites (AEC) and Machine Clothing (MC).
For its **Albany Engineered Composites (AEC)** segment, which designs and manufactures advanced composite structures for aircraft programs, Albany International explicitly identifies major customers due to the concentrated nature of the aerospace and defense industry. These include:
- Lockheed Martin Corporation (NYSE: LMT) - Prime contractor for the F-35 Joint Strike Fighter program, for which AIN is a sole-source supplier for selected components.
- General Electric Company (NYSE: GE) - Specifically, GE Aerospace, as part of CFM International (a joint venture with Safran S. A.), for the LEAP aircraft engine program, where AIN is a sole-source supplier for certain components.
- Safran S. A. (Euronext Paris: SAF) - As part of CFM International (a joint venture with General Electric Company), for the LEAP aircraft engine program, where AIN is a sole-source supplier for certain components.
For its **Machine Clothing (MC)** segment, which manufactures custom-designed fabrics essential to industrial processes, Albany International serves a broad and diverse global customer base. These customers are primarily manufacturers of paper, paperboard, tissue, nonwovens, and other industrial applications. While this segment is significant, Albany International does not disclose specific major customer companies by name in its public filings, indicating a highly fragmented customer landscape rather than reliance on a few dominant individual clients for this segment.
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Gunnar Kleveland, President and Chief Executive Officer
Gunnar Kleveland joined Albany International in 2023, becoming President and Chief Executive Officer in September 2023. Prior to his role at Albany International, he served as President and CEO of Textron Specialized Vehicles Inc., where he was instrumental in developing and executing a strategy leveraging expertise in electric drivetrains and lithium-ion battery technology. He also held the position of President of TRU Simulation + Training Inc. and Executive Vice President of Integrated Operations for Bell Helicopter Textron Inc. Before his career at Textron, which began in 2004, Mr. Kleveland was a fighter pilot in the Royal Norwegian Air Force for 15 years, finishing as the Chief of Flight Safety.
Will Station, Chief Financial Officer
Will Station joined Albany International in 2025 as Chief Financial Officer. He brings over two decades of experience in financial strategy and operational leadership within the aerospace and medical industries. Most recently, from April 2024, he was Senior Vice President of Primary Care Sales for McKesson Medical-Surgical, a McKesson Corporation subsidiary, where he previously served as Chief Financial Officer and Senior Vice President of Finance. His career also includes 16 years at The Boeing Company (from 2005 to 2021), holding increasingly senior finance roles such as Vice President and Chief Financial Officer of Commercial Derivatives Airplanes and Director of Financial Operations for Boeing Commercial Airplanes.
Joseph M. Gaug, Senior Vice President, General Counsel and Secretary
Joseph M. Gaug joined Albany International in 2004 and has served as Senior Vice President - General Counsel and Secretary since May 2020. His previous roles within the company include Associate General Counsel from 2004 and Associate General Counsel and Assistant Secretary from 2006 to May 2020. Before joining Albany International, Mr. Gaug was a principal at McNamee, Lochner, Titus & Williams, PC.
Robert A. Hansen, Senior Vice President and Chief Technology Officer
Robert A. Hansen has been with Albany International since 1981 and has held the title of Senior Vice President and Chief Technology Officer since January 2010. His extensive career at the company includes serving as Vice President – Corporate Research and Development from April 2006 to January 2010, and Director of Technical and Marketing – Europe Press Fabrics from 2004 to April 2006. Prior to 2000, he held various technical management and research and development positions across Europe and the U.S. within the company.
Christopher Stone, President, Albany Engineered Composites
Christopher Stone joined Albany International in 2024 as President – Albany Engineered Composites. He brings a deep knowledge of the Aerospace & Defense industry and broad experience in leadership positions at public companies, with a focus on manufacturing and supply chain management, business operations, production control, logistics, and organizational transformation. Most recently, he served as Vice President & Chief Supply Chain Officer at Lockheed Martin Corporation from 2021 to 2024. Prior to Lockheed Martin, he was Vice President – Supply Chain & Material Management at Aerojet Rocketdyne from 2018 to 2021 and held various management positions at Textron companies from 2005 to 2018.
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Here are the key risks to Albany International's business:- Financial Performance and Profitability Challenges: Albany International has experienced persistent losses, with a net loss that has widened annually over the past five years, and profit margins showing no signs of improvement. The company also faces execution risks in its projected path to recovery, as anticipated improvements from automation and product mix changes may not materialize as quickly as hoped. Additionally, Albany International carries a substantial amount of indebtedness. Recent financial reports have highlighted these challenges, including missed earnings estimates and significant losses, such as a $147.3 million pre-tax loss reserve and program adjustments related to the CH-53K program in Q3 2025.
- Dependence on Key Industries and Customers / Exposure to Economic Fluctuations: The company's revenue streams are significantly tied to specific industries. Its Machine Clothing segment is vulnerable to declines in demand for certain paper grades, while the Albany Engineered Composites segment relies heavily on the aerospace industry's inventory utilization and the stability of its programs. Any unanticipated reductions in demand or delays in aerospace programs could materially impact Albany International's revenue. Furthermore, the company's overall performance is susceptible to broader macroeconomic conditions, including elevated interest rates, inflationary pressures, and global events like geopolitical crises.
- Supply Chain Risks and Cost Pressures: Albany International is exposed to supply chain disruptions and increasing operational costs. Global events have exacerbated supply chain constraints, leading to higher costs for labor, raw materials, energy, and logistics. This vulnerability to external economic shocks necessitates robust risk management strategies to mitigate their impact on the business.
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Albany International (symbol: AIN) operates in two main business segments: Machine Clothing and Albany Engineered Composites.
The addressable markets for their main products and services are as follows:
- Machine Clothing (MC): This segment produces custom-designed fabrics and process belts primarily for the paper, nonwovens, and other process industries. Albany International holds approximately 30% of the global paper machine clothing (PMC) market. Based on their 2023 revenue of $666.1 million for this segment, the estimated global addressable market for Machine Clothing products is approximately $2.22 billion (global).
- Albany Engineered Composites (AEC): This segment designs and manufactures advanced materials-based engineered components for demanding aerospace applications. The global aerospace composites market, which is the primary addressable market for AEC, is projected to reach $31.7 billion by 2027 (global).
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Albany International (AIN) is expected to drive future revenue growth over the next 2-3 years through several key initiatives across its Machine Clothing and Albany Engineered Composites segments:
- Growth in Packaging and Tissue Grade Products: The Machine Clothing segment anticipates revenue growth from increased demand in packaging and tissue grade products, particularly in the European market. This growth is expected to offset declines in publication grade paper, leveraging AIN's established reputation and manufacturing capabilities.
- Continued Strength and Expansion of the LEAP Program: In the Albany Engineered Composites (AEC) segment, higher volumes from the LEAP aircraft engine program are a significant driver of revenue growth. The LEAP program has consistently contributed to AEC's performance.
- Expansion into Next-Generation Defense and Aerospace Platforms: Albany Engineered Composites is focusing on expanding its opportunities in emerging areas such as hypersonics, missiles, and other next-generation defense platforms. This strategy leverages the company's proprietary 3D woven technology and advanced engineered components. The extension of programs like JASSM and LRASM with Lockheed Martin highlights this growth area.
- Strategic Portfolio Optimization in Engineered Composites: Albany International is undertaking a strategic review of its structures assembly business, including a potential sale of its Salt Lake City facility and the conclusion of the CH-53K and Gulfstream contracts. This move is designed to reduce future program risk and allows the company to sharpen its focus on higher-return opportunities and differentiated advanced composite technologies, ultimately positioning AIN for more sustainable and profitable growth.
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Share Repurchases
- A new $250 million share repurchase program was authorized in February 2025, superseding a prior program.
- Albany International repurchased $50.5 million of its common stock during the third quarter of 2025.
- In the fourth quarter of 2024, $15 million of shares were repurchased.
Outbound Investments
- In the third quarter of 2023, the company acquired Heimbach, a privately-held manufacturer of paper machine clothing, for net cash of $133.5 million.
Capital Expenditures
- Albany International anticipates capital expenditures in the range of $85 million to $95 million for the full year 2025.
- Capital expenditures totaled $84.4 million in 2023 and $96.3 million in 2022.
- Over the twelve months leading up to the third quarter of 2025, the company deployed $67.9 million in capital expenditures, focusing on footprint optimization and next-generation technologies.
Latest Trefis Analyses
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| ARTICLES |
Trade Ideas
Select ideas related to AIN. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
| 03312019 | AIN | Albany International | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 26.1% | -31.6% | -55.5% |
Research & Analysis
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Peer Comparisons for Albany International
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 64.95 |
| Mkt Cap | 159.0 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 12.1% |
| Op Mgn 3Y Avg | 12.3% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 17.2% |
| CFO/Rev 3Y Avg | 17.9% |
| FCF/Rev LTM | 12.9% |
| FCF/Rev 3Y Avg | 12.8% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Machine Clothing (MC) | 671 | 609 | 619 | 573 | 601 |
| Albany Engineered Composites (AEC) | 477 | 425 | 310 | 328 | 453 |
| Corporate | 0 | ||||
| Total | 1,148 | 1,035 | 929 | 901 | 1,054 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Machine Clothing (MC) | 188 | 206 | 216 | 191 | 192 |
| Albany Engineered Composites (AEC) | 27 | 32 | 16 | 32 | 56 |
| Corporate | -48 | -57 | -54 | -56 | -54 |
| Total | 168 | 181 | 178 | 166 | 194 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Albany Engineered Composites (AEC) | 801 | 718 | 653 | 714 | 694 |
| Machine Clothing (MC) | 670 | 455 | 459 | 443 | 441 |
| Cash | 173 | 292 | 302 | 241 | 196 |
| Prepaid expenses and other current assets, and Other assets | 157 | 154 | 114 | 106 | 86 |
| Income taxes prepaid and receivable, and Deferred income taxes | 34 | 23 | 28 | 45 | 58 |
| Total | 1,835 | 1,642 | 1,556 | 1,550 | 1,474 |
Price Behavior
| Market Price | $51.91 | |
| Market Cap ($ Bil) | 1.5 | |
| First Trading Date | 09/30/1987 | |
| Distance from 52W High | -36.3% | |
| 50 Days | 200 Days | |
| DMA Price | $50.76 | $60.71 |
| DMA Trend | down | down |
| Distance from DMA | 2.3% | -14.5% |
| 3M | 1YR | |
| Volatility | 41.8% | 43.0% |
| Downside Capture | 89.05 | 143.35 |
| Upside Capture | 67.82 | 80.50 |
| Correlation (SPY) | 28.3% | 48.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.38 | 0.87 | 0.91 | 1.25 | 1.06 | 1.12 |
| Up Beta | 2.82 | 2.95 | 3.07 | 2.89 | 1.25 | 1.21 |
| Down Beta | -1.23 | 0.56 | 0.13 | -0.13 | 0.85 | 0.84 |
| Up Capture | -143% | -7% | -25% | 54% | 54% | 82% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 6 | 18 | 23 | 60 | 121 | 376 |
| Down Capture | 94% | 82% | 140% | 187% | 120% | 108% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 13 | 23 | 39 | 65 | 127 | 370 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of AIN With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| AIN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -33.9% | 19.1% | 16.7% | 65.4% | 7.5% | 4.2% | -7.3% |
| Annualized Volatility | 42.7% | 18.8% | 19.4% | 19.8% | 15.3% | 17.0% | 34.9% |
| Sharpe Ratio | -0.84 | 0.80 | 0.67 | 2.43 | 0.27 | 0.08 | -0.05 |
| Correlation With Other Assets | 52.2% | 48.8% | 9.2% | 16.5% | 46.6% | 18.1% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of AIN With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| AIN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -5.7% | 13.8% | 14.8% | 17.7% | 11.2% | 5.1% | 30.2% |
| Annualized Volatility | 32.9% | 17.2% | 17.1% | 15.6% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | -0.11 | 0.64 | 0.70 | 0.91 | 0.48 | 0.18 | 0.57 |
| Correlation With Other Assets | 63.3% | 54.1% | 11.2% | 16.3% | 46.5% | 19.9% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of AIN With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| AIN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 5.0% | 13.7% | 15.0% | 14.6% | 6.9% | 5.4% | 69.0% |
| Annualized Volatility | 35.7% | 19.9% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.24 | 0.61 | 0.72 | 0.82 | 0.31 | 0.23 | 0.89 |
| Correlation With Other Assets | 63.0% | 54.9% | 3.5% | 23.9% | 45.6% | 18.1% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/28/2025 | -2.0% | -6.6% | -21.3% |
| 7/30/2025 | -23.6% | -13.8% | -9.9% |
| 2/26/2025 | -6.4% | -6.7% | -8.3% |
| 10/30/2024 | -4.0% | 13.3% | 17.2% |
| 8/6/2024 | 1.8% | 2.5% | 0.9% |
| 2/26/2024 | 2.1% | 1.3% | 2.5% |
| 11/6/2023 | -2.5% | -5.8% | -0.5% |
| 7/26/2023 | -1.3% | 0.8% | -2.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 14 | 10 |
| # Negative | 13 | 7 | 11 |
| Median Positive | 2.1% | 3.5% | 10.2% |
| Median Negative | -3.6% | -7.2% | -7.1% |
| Max Positive | 4.9% | 13.3% | 38.4% |
| Max Negative | -23.6% | -13.8% | -21.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 07/30/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 04/30/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/26/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 10/30/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 08/06/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 04/29/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/26/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 11/06/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 07/26/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 04/26/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/24/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 10/25/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 07/26/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 04/26/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/25/2022 | 10-K (12/31/2021) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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