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Side-by-side financial comparison of ALBANY INTERNATIONAL CORP (AIN) and Hess Midstream LP (HESM). Click either name above to swap in a different company.

ALBANY INTERNATIONAL CORP is the larger business by last-quarter revenue ($321.2M vs $204.1M, roughly 1.6× Hess Midstream LP). Hess Midstream LP runs the higher net margin — 77.3% vs 4.3%, a 72.9% gap on every dollar of revenue. On growth, ALBANY INTERNATIONAL CORP posted the faster year-over-year revenue change (12.0% vs 2.1%). Over the past eight quarters, ALBANY INTERNATIONAL CORP's revenue compounded faster (1.2% CAGR vs -25.3%).

Albany International Corp is a global advanced materials and industrial technology company. It operates two core segments: Machine Clothing producing custom engineered fabrics for paper and other industrial manufacturing processes, and Engineered Composites developing high-performance composite components primarily for the aerospace and defense sectors, serving customers across North America, Europe, Asia and other global regions.

Hess Corporation is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s until 1995, after which his son John B Hess succeeded him as chairman and CEO. The company agreed to be acquired by rival oil company Chevron in October 2023, and the acquisition closed in July 2025.

AIN vs HESM — Head-to-Head

Bigger by revenue
AIN
AIN
1.6× larger
AIN
$321.2M
$204.1M
HESM
Growing faster (revenue YoY)
AIN
AIN
+9.8% gap
AIN
12.0%
2.1%
HESM
Higher net margin
HESM
HESM
72.9% more per $
HESM
77.3%
4.3%
AIN
Faster 2-yr revenue CAGR
AIN
AIN
Annualised
AIN
1.2%
-25.3%
HESM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AIN
AIN
HESM
HESM
Revenue
$321.2M
$204.1M
Net Profit
$13.9M
$157.7M
Gross Margin
31.1%
Operating Margin
9.3%
116.7%
Net Margin
4.3%
77.3%
Revenue YoY
12.0%
2.1%
Net Profit YoY
-21.5%
-2.3%
EPS (diluted)
$0.56
$0.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIN
AIN
HESM
HESM
Q1 26
$204.1M
Q4 25
$321.2M
$404.2M
Q3 25
$261.4M
$420.9M
Q2 25
$311.4M
$414.2M
Q1 25
$288.8M
$382.0M
Q4 24
$286.9M
$395.9M
Q3 24
$298.4M
$378.5M
Q2 24
$332.0M
$365.5M
Net Profit
AIN
AIN
HESM
HESM
Q1 26
$157.7M
Q4 25
$13.9M
$93.3M
Q3 25
$-97.8M
$97.7M
Q2 25
$9.2M
$90.3M
Q1 25
$17.4M
$71.6M
Q4 24
$17.7M
$70.4M
Q3 24
$18.0M
$58.6M
Q2 24
$24.6M
$49.5M
Gross Margin
AIN
AIN
HESM
HESM
Q1 26
Q4 25
31.1%
Q3 25
-19.1%
Q2 25
31.3%
Q1 25
33.4%
Q4 24
31.5%
Q3 24
30.3%
Q2 24
33.9%
Operating Margin
AIN
AIN
HESM
HESM
Q1 26
116.7%
Q4 25
9.3%
62.2%
Q3 25
-44.6%
61.5%
Q2 25
7.2%
62.8%
Q1 25
9.8%
62.1%
Q4 24
8.5%
61.4%
Q3 24
8.4%
61.2%
Q2 24
12.9%
60.8%
Net Margin
AIN
AIN
HESM
HESM
Q1 26
77.3%
Q4 25
4.3%
23.1%
Q3 25
-37.4%
23.2%
Q2 25
2.9%
21.8%
Q1 25
6.0%
18.7%
Q4 24
6.2%
17.8%
Q3 24
6.0%
15.5%
Q2 24
7.4%
13.5%
EPS (diluted)
AIN
AIN
HESM
HESM
Q1 26
$0.68
Q4 25
$0.56
Q3 25
$-3.37
Q2 25
$0.31
Q1 25
$0.56
Q4 24
$0.57
Q3 24
$0.57
Q2 24
$0.79

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIN
AIN
HESM
HESM
Cash + ST InvestmentsLiquidity on hand
$112.3M
Total DebtLower is stronger
$455.7M
Stockholders' EquityBook value
$726.2M
Total Assets
$1.7B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIN
AIN
HESM
HESM
Q1 26
Q4 25
$112.3M
$1.9M
Q3 25
$108.3M
$5.5M
Q2 25
$106.7M
$4.5M
Q1 25
$119.4M
$6.1M
Q4 24
$115.3M
$4.3M
Q3 24
$127.2M
$10.3M
Q2 24
$116.4M
$99.6M
Total Debt
AIN
AIN
HESM
HESM
Q1 26
Q4 25
$455.7M
$3.8B
Q3 25
$480.6M
Q2 25
$444.7M
Q1 25
$416.4M
Q4 24
$318.5M
$3.5B
Q3 24
$362.2M
Q2 24
$377.1M
Stockholders' Equity
AIN
AIN
HESM
HESM
Q1 26
Q4 25
$726.2M
Q3 25
$739.3M
Q2 25
$888.6M
Q1 25
$900.0M
Q4 24
$943.5M
Q3 24
$991.0M
Q2 24
$967.5M
Total Assets
AIN
AIN
HESM
HESM
Q1 26
Q4 25
$1.7B
$4.4B
Q3 25
$1.7B
$4.4B
Q2 25
$1.7B
$4.4B
Q1 25
$1.7B
$4.3B
Q4 24
$1.6B
$4.2B
Q3 24
$1.8B
$4.1B
Q2 24
$1.8B
$4.1B
Debt / Equity
AIN
AIN
HESM
HESM
Q1 26
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.50×
Q1 25
0.46×
Q4 24
0.34×
Q3 24
0.37×
Q2 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIN
AIN
HESM
HESM
Operating Cash FlowLast quarter
$73.7M
$253.3M
Free Cash FlowOCF − Capex
$51.4M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
6.9%
51.4%
Cash ConversionOCF / Net Profit
5.31×
1.61×
TTM Free Cash FlowTrailing 4 quarters
$82.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIN
AIN
HESM
HESM
Q1 26
$253.3M
Q4 25
$73.7M
$245.6M
Q3 25
$43.9M
$258.9M
Q2 25
$32.7M
$276.9M
Q1 25
$2.1M
$202.4M
Q4 24
$78.5M
$258.5M
Q3 24
$47.0M
$224.9M
Q2 24
$83.4M
$271.6M
Free Cash Flow
AIN
AIN
HESM
HESM
Q1 26
Q4 25
$51.4M
$178.9M
Q3 25
$25.9M
$178.9M
Q2 25
$18.8M
$213.5M
Q1 25
$-13.5M
$156.9M
Q4 24
$60.2M
$163.4M
Q3 24
$31.6M
$132.6M
Q2 24
$63.6M
$207.7M
FCF Margin
AIN
AIN
HESM
HESM
Q1 26
Q4 25
16.0%
44.3%
Q3 25
9.9%
42.5%
Q2 25
6.0%
51.5%
Q1 25
-4.7%
41.1%
Q4 24
21.0%
41.3%
Q3 24
10.6%
35.0%
Q2 24
19.2%
56.8%
Capex Intensity
AIN
AIN
HESM
HESM
Q1 26
51.4%
Q4 25
6.9%
16.5%
Q3 25
6.9%
19.0%
Q2 25
4.5%
15.3%
Q1 25
5.4%
11.9%
Q4 24
6.4%
24.0%
Q3 24
5.2%
24.4%
Q2 24
6.0%
17.5%
Cash Conversion
AIN
AIN
HESM
HESM
Q1 26
1.61×
Q4 25
5.31×
2.63×
Q3 25
2.65×
Q2 25
3.56×
3.07×
Q1 25
0.12×
2.83×
Q4 24
4.44×
3.67×
Q3 24
2.61×
3.84×
Q2 24
3.39×
5.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIN
AIN

Transferred At Point In Time$176.5M55%
Engineered Composites Other$99.3M31%
Engineered Composites ASC$44.5M14%
Transferred Over Time$1.0M0%

HESM
HESM

Affiliate services$197.9M97%
Third-party services$6.2M3%

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