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AINAlbany International CorporatioSell4.5·$74.11+0.99%
AIN · Concentration risk · 10-K extracted

Albany International Corporatio (AIN) concentration risks

Updated

The most significant concentration Albany International Corporatio discloses is Paper Machine Clothing (PMC) products (MC segment) at 80%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Source: Albany International Corporatio’s SEC Form 10-K filed view the filing on SEC EDGAR ↗

At a glance

Disclosed-size breakdown · 4 disclosed concentrations

HIGH2
MEDIUM1
LOW1
Disclosed concentrations

Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).

HIGHBuilt-inProduct / Revenue mix
80%

Paper Machine Clothing (PMC) products (MC segment)

10-K Item 1: 'PMC product revenues accounted for more than 80% of MC's segment Net revenues.'
SEC 10-K · filed Feb 2026
HIGHOutside partySupplier

carbon fiber and carbon resin for the LEAP program

10-K Item 1A: 'AEC currently relies on single suppliers under contracts we have with SAFRAN to meet the carbon fiber and carbon resin requirements for the LEAP program.'
SEC 10-K · filed Feb 2026
MEDIUMOutside partyCustomer
35%

U.S. government contracts (AEC segment)

10-K Item 1: 'In 2025, approximately 35% of the AEC segment's revenues were related to U.S. government contracts or programs.'
SEC 10-K · filed Feb 2026
LOWOutside partyCustomer
15%

SAFRAN

10-K Item 1: 'AEC's largest aerospace customer is SAFRAN and sales to SAFRAN (consisting primarily of fan blades and cases for CFM's LEAP engine) accounted for approximately 15% of the Company's consolidated net revenues in 2025.'
SEC 10-K · filed Feb 2026
TrendMatrix Research · concentration synthesis

What these concentrations mean together

updated 2026-07-06

Albany International's concentration risks split across two segments with different characters. In Machine Clothing, PMC products account for more than 80% of segment net revenues — a high-share, structural exposure reflecting the segment's core business rather than dependence on any single counterparty. In Aerospace (AEC), the picture is more customer- and supplier-driven: U.S. government contracts or programs represented approximately 35% of AEC segment revenues, a medium-share dependency tied to government program funding and procurement cycles. SAFRAN, AEC's largest aerospace customer, accounted for approximately 15% of the company's consolidated net revenues — a low-share but named-counterparty dependency. Layered on top is a supply-side exposure: AEC relies on single suppliers under contract with SAFRAN for the carbon fiber and carbon resin required for the LEAP program, a high-share dependency where a disruption at that single source could directly constrain production for a program the company also sells into as a customer. Together, these exposures suggest the segment-defining PMC concentration is the least likely to move the investment case on its own, while the AEC customer and single-source supplier exposures are more idiosyncratic and warrant closer monitoring, particularly given SAFRAN's dual role as both customer and gatekeeper to a critical input.

For the engine’s reasoning on AIN’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.

Industry peers · Textile Manufacturing

Peer concentration profile

SymbolNameHIGHMEDIUMLOWTotal
AINAlbany International Corporatio2114

Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.

Concentration disclosures are extracted verbatim from SEC 10-K filings; the disclosed-size classification and the synthesis above are engine-derived. Size reflects how large each exposure is against fixed share thresholds (HIGH >50%, MEDIUM 25–50%, LOW <25% or an explicit diversification statement), not a judgment of how dangerous it is, and is not a buy/sell rating, a price target, or a view on the stock. Not a complete list of risk factors — see the full filing.

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