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Side-by-side financial comparison of ALBANY INTERNATIONAL CORP (AIN) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.

ALBANY INTERNATIONAL CORP is the larger business by last-quarter revenue ($321.2M vs $181.5M, roughly 1.8× Mistras Group, Inc.). ALBANY INTERNATIONAL CORP runs the higher net margin — 4.3% vs 2.1%, a 2.2% gap on every dollar of revenue. On growth, ALBANY INTERNATIONAL CORP posted the faster year-over-year revenue change (12.0% vs 5.1%). ALBANY INTERNATIONAL CORP produced more free cash flow last quarter ($51.4M vs $26.0M). Over the past eight quarters, ALBANY INTERNATIONAL CORP's revenue compounded faster (1.2% CAGR vs -0.8%).

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.

Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.

AIN vs MG — Head-to-Head

Bigger by revenue
AIN
AIN
1.8× larger
AIN
$321.2M
$181.5M
MG
Growing faster (revenue YoY)
AIN
AIN
+6.9% gap
AIN
12.0%
5.1%
MG
Higher net margin
AIN
AIN
2.2% more per $
AIN
4.3%
2.1%
MG
More free cash flow
AIN
AIN
$25.4M more FCF
AIN
$51.4M
$26.0M
MG
Faster 2-yr revenue CAGR
AIN
AIN
Annualised
AIN
1.2%
-0.8%
MG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIN
AIN
MG
MG
Revenue
$321.2M
$181.5M
Net Profit
$13.9M
$3.8M
Gross Margin
31.1%
28.4%
Operating Margin
9.3%
7.0%
Net Margin
4.3%
2.1%
Revenue YoY
12.0%
5.1%
Net Profit YoY
-21.5%
-27.4%
EPS (diluted)
$0.56
$0.12

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
MG
MG
Q4 25
$321.2M
$181.5M
Q3 25
$261.4M
$195.5M
Q2 25
$311.4M
$185.4M
Q1 25
$288.8M
$161.6M
Q4 24
$286.9M
$172.7M
Q3 24
$298.4M
$182.7M
Q2 24
$332.0M
$189.8M
Q1 24
$313.3M
$184.4M
Net Profit
AIN
AIN
MG
MG
Q4 25
$13.9M
$3.8M
Q3 25
$-97.8M
$13.1M
Q2 25
$9.2M
$3.0M
Q1 25
$17.4M
$-3.2M
Q4 24
$17.7M
$5.2M
Q3 24
$18.0M
$6.4M
Q2 24
$24.6M
$6.4M
Q1 24
$27.3M
$995.0K
Gross Margin
AIN
AIN
MG
MG
Q4 25
31.1%
28.4%
Q3 25
-19.1%
29.8%
Q2 25
31.3%
29.1%
Q1 25
33.4%
25.3%
Q4 24
31.5%
26.5%
Q3 24
30.3%
26.8%
Q2 24
33.9%
27.1%
Q1 24
34.7%
25.0%
Operating Margin
AIN
AIN
MG
MG
Q4 25
9.3%
7.0%
Q3 25
-44.6%
10.4%
Q2 25
7.2%
4.5%
Q1 25
9.8%
-0.6%
Q4 24
8.5%
6.1%
Q3 24
8.4%
6.5%
Q2 24
12.9%
6.3%
Q1 24
12.4%
3.0%
Net Margin
AIN
AIN
MG
MG
Q4 25
4.3%
2.1%
Q3 25
-37.4%
6.7%
Q2 25
2.9%
1.6%
Q1 25
6.0%
-2.0%
Q4 24
6.2%
3.0%
Q3 24
6.0%
3.5%
Q2 24
7.4%
3.4%
Q1 24
8.7%
0.5%
EPS (diluted)
AIN
AIN
MG
MG
Q4 25
$0.56
$0.12
Q3 25
$-3.37
$0.41
Q2 25
$0.31
$0.10
Q1 25
$0.56
$-0.10
Q4 24
$0.57
$0.17
Q3 24
$0.57
$0.20
Q2 24
$0.79
$0.20
Q1 24
$0.87
$0.03

Balance Sheet & Financial Strength

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

Metric
AIN
AIN
MG
MG
Cash + ST InvestmentsLiquidity on hand
$112.3M
$28.0M
Total DebtLower is stronger
$455.7M
$178.0M
Stockholders' EquityBook value
$726.2M
$235.1M
Total Assets
$1.7B
$578.8M
Debt / EquityLower = less leverage
0.63×
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIN
AIN
MG
MG
Q4 25
$112.3M
$28.0M
Q3 25
$108.3M
$27.8M
Q2 25
$106.7M
$20.0M
Q1 25
$119.4M
$18.5M
Q4 24
$115.3M
$18.3M
Q3 24
$127.2M
$20.4M
Q2 24
$116.4M
$17.2M
Q1 24
$125.4M
$16.9M
Total Debt
AIN
AIN
MG
MG
Q4 25
$455.7M
$178.0M
Q3 25
$480.6M
$202.3M
Q2 25
$444.7M
$189.4M
Q1 25
$416.4M
$171.9M
Q4 24
$318.5M
$169.6M
Q3 24
$362.2M
$189.7M
Q2 24
$377.1M
$199.7M
Q1 24
$439.1M
$198.4M
Stockholders' Equity
AIN
AIN
MG
MG
Q4 25
$726.2M
$235.1M
Q3 25
$739.3M
$227.4M
Q2 25
$888.6M
$215.8M
Q1 25
$900.0M
$198.7M
Q4 24
$943.5M
$198.6M
Q3 24
$991.0M
$205.2M
Q2 24
$967.5M
$193.2M
Q1 24
$967.5M
$187.1M
Total Assets
AIN
AIN
MG
MG
Q4 25
$1.7B
$578.8M
Q3 25
$1.7B
$596.3M
Q2 25
$1.7B
$571.0M
Q1 25
$1.7B
$526.8M
Q4 24
$1.6B
$523.0M
Q3 24
$1.8B
$551.7M
Q2 24
$1.8B
$548.1M
Q1 24
$1.8B
$542.1M
Debt / Equity
AIN
AIN
MG
MG
Q4 25
0.63×
0.76×
Q3 25
0.65×
0.89×
Q2 25
0.50×
0.88×
Q1 25
0.46×
0.87×
Q4 24
0.34×
0.85×
Q3 24
0.37×
0.92×
Q2 24
0.39×
1.03×
Q1 24
0.45×
1.06×

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
MG
MG
Operating Cash FlowLast quarter
$73.7M
$32.1M
Free Cash FlowOCF − Capex
$51.4M
$26.0M
FCF MarginFCF / Revenue
16.0%
14.3%
Capex IntensityCapex / Revenue
6.9%
3.4%
Cash ConversionOCF / Net Profit
5.31×
8.55×
TTM Free Cash FlowTrailing 4 quarters
$82.6M
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIN
AIN
MG
MG
Q4 25
$73.7M
$32.1M
Q3 25
$43.9M
$4.5M
Q2 25
$32.7M
$-9.3M
Q1 25
$2.1M
$5.6M
Q4 24
$78.5M
$25.7M
Q3 24
$47.0M
$19.4M
Q2 24
$83.4M
$4.5M
Q1 24
$9.6M
$604.0K
Free Cash Flow
AIN
AIN
MG
MG
Q4 25
$51.4M
$26.0M
Q3 25
$25.9M
$-4.1M
Q2 25
$18.8M
$-14.7M
Q1 25
$-13.5M
$1.1M
Q4 24
$60.2M
$22.1M
Q3 24
$31.6M
$14.6M
Q2 24
$63.6M
$-284.0K
Q1 24
$-17.3M
$-4.2M
FCF Margin
AIN
AIN
MG
MG
Q4 25
16.0%
14.3%
Q3 25
9.9%
-2.1%
Q2 25
6.0%
-7.9%
Q1 25
-4.7%
0.7%
Q4 24
21.0%
12.8%
Q3 24
10.6%
8.0%
Q2 24
19.2%
-0.1%
Q1 24
-5.5%
-2.3%
Capex Intensity
AIN
AIN
MG
MG
Q4 25
6.9%
3.4%
Q3 25
6.9%
4.4%
Q2 25
4.5%
2.9%
Q1 25
5.4%
2.8%
Q4 24
6.4%
2.1%
Q3 24
5.2%
2.6%
Q2 24
6.0%
2.5%
Q1 24
8.6%
2.6%
Cash Conversion
AIN
AIN
MG
MG
Q4 25
5.31×
8.55×
Q3 25
0.34×
Q2 25
3.56×
-3.07×
Q1 25
0.12×
Q4 24
4.44×
4.96×
Q3 24
2.61×
3.02×
Q2 24
3.39×
0.71×
Q1 24
0.35×
0.61×

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%

MG
MG

Segment breakdown not available.

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