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Side-by-side financial comparison of ALBANY INTERNATIONAL CORP (AIN) and Pangaea Logistics Solutions Ltd. (PANL). Click either name above to swap in a different company.

ALBANY INTERNATIONAL CORP is the larger business by last-quarter revenue ($321.2M vs $183.9M, roughly 1.7× Pangaea Logistics Solutions Ltd.). Pangaea Logistics Solutions Ltd. runs the higher net margin — 6.5% vs 4.3%, a 2.1% gap on every dollar of revenue. On growth, Pangaea Logistics Solutions Ltd. posted the faster year-over-year revenue change (24.9% vs 12.0%). Over the past eight quarters, Pangaea Logistics Solutions Ltd.'s revenue compounded faster (32.5% CAGR vs 1.2%).

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.

Pangaea Logistics Solutions Ltd. is a global dry bulk logistics and shipping service provider. It operates a modern fleet of dry bulk vessels to transport a wide range of commodities including grains, minerals, construction materials, and energy-related raw materials, serving industrial, agricultural, and energy sector clients across North America, Europe, and Asia with tailored end-to-end bulk cargo supply chain solutions.

AIN vs PANL — Head-to-Head

Bigger by revenue
AIN
AIN
1.7× larger
AIN
$321.2M
$183.9M
PANL
Growing faster (revenue YoY)
PANL
PANL
+13.0% gap
PANL
24.9%
12.0%
AIN
Higher net margin
PANL
PANL
2.1% more per $
PANL
6.5%
4.3%
AIN
Faster 2-yr revenue CAGR
PANL
PANL
Annualised
PANL
32.5%
1.2%
AIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIN
AIN
PANL
PANL
Revenue
$321.2M
$183.9M
Net Profit
$13.9M
$11.9M
Gross Margin
31.1%
Operating Margin
9.3%
9.5%
Net Margin
4.3%
6.5%
Revenue YoY
12.0%
24.9%
Net Profit YoY
-21.5%
40.9%
EPS (diluted)
$0.56
$0.18

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
PANL
PANL
Q4 25
$321.2M
$183.9M
Q3 25
$261.4M
$168.7M
Q2 25
$311.4M
$156.7M
Q1 25
$288.8M
$122.8M
Q4 24
$286.9M
$147.2M
Q3 24
$298.4M
$153.1M
Q2 24
$332.0M
$131.5M
Q1 24
$313.3M
$104.7M
Net Profit
AIN
AIN
PANL
PANL
Q4 25
$13.9M
$11.9M
Q3 25
$-97.8M
$12.2M
Q2 25
$9.2M
$-2.7M
Q1 25
$17.4M
$-2.0M
Q4 24
$17.7M
$8.4M
Q3 24
$18.0M
$5.1M
Q2 24
$24.6M
$3.7M
Q1 24
$27.3M
$11.7M
Gross Margin
AIN
AIN
PANL
PANL
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%
Q1 24
34.7%
Operating Margin
AIN
AIN
PANL
PANL
Q4 25
9.3%
9.5%
Q3 25
-44.6%
10.0%
Q2 25
7.2%
2.3%
Q1 25
9.8%
2.4%
Q4 24
8.5%
10.1%
Q3 24
8.4%
9.8%
Q2 24
12.9%
5.8%
Q1 24
12.4%
10.5%
Net Margin
AIN
AIN
PANL
PANL
Q4 25
4.3%
6.5%
Q3 25
-37.4%
7.2%
Q2 25
2.9%
-1.8%
Q1 25
6.0%
-1.6%
Q4 24
6.2%
5.7%
Q3 24
6.0%
3.3%
Q2 24
7.4%
2.8%
Q1 24
8.7%
11.1%
EPS (diluted)
AIN
AIN
PANL
PANL
Q4 25
$0.56
$0.18
Q3 25
$-3.37
$0.19
Q2 25
$0.31
$-0.04
Q1 25
$0.56
$-0.03
Q4 24
$0.57
$0.19
Q3 24
$0.57
$0.11
Q2 24
$0.79
$0.08
Q1 24
$0.87
$0.25

Balance Sheet & Financial Strength

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

Metric
AIN
AIN
PANL
PANL
Cash + ST InvestmentsLiquidity on hand
$112.3M
$103.1M
Total DebtLower is stronger
$455.7M
$249.6M
Stockholders' EquityBook value
$726.2M
$429.3M
Total Assets
$1.7B
$928.1M
Debt / EquityLower = less leverage
0.63×
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIN
AIN
PANL
PANL
Q4 25
$112.3M
$103.1M
Q3 25
$108.3M
$94.0M
Q2 25
$106.7M
$59.3M
Q1 25
$119.4M
$63.9M
Q4 24
$115.3M
$86.8M
Q3 24
$127.2M
$93.1M
Q2 24
$116.4M
$77.9M
Q1 24
$125.4M
$95.9M
Total Debt
AIN
AIN
PANL
PANL
Q4 25
$455.7M
$249.6M
Q3 25
$480.6M
$256.2M
Q2 25
$444.7M
$244.7M
Q1 25
$416.4M
$251.0M
Q4 24
$318.5M
$257.2M
Q3 24
$362.2M
$133.6M
Q2 24
$377.1M
$90.5M
Q1 24
$439.1M
$95.9M
Stockholders' Equity
AIN
AIN
PANL
PANL
Q4 25
$726.2M
$429.3M
Q3 25
$739.3M
$420.3M
Q2 25
$888.6M
$414.4M
Q1 25
$900.0M
$420.8M
Q4 24
$943.5M
$427.8M
Q3 24
$991.0M
$332.6M
Q2 24
$967.5M
$331.5M
Q1 24
$967.5M
$332.0M
Total Assets
AIN
AIN
PANL
PANL
Q4 25
$1.7B
$928.1M
Q3 25
$1.7B
$932.1M
Q2 25
$1.7B
$916.0M
Q1 25
$1.7B
$918.0M
Q4 24
$1.6B
$936.5M
Q3 24
$1.8B
$749.2M
Q2 24
$1.8B
$692.9M
Q1 24
$1.8B
$703.3M
Debt / Equity
AIN
AIN
PANL
PANL
Q4 25
0.63×
0.58×
Q3 25
0.65×
0.61×
Q2 25
0.50×
0.59×
Q1 25
0.46×
0.60×
Q4 24
0.34×
0.60×
Q3 24
0.37×
0.40×
Q2 24
0.39×
0.27×
Q1 24
0.45×
0.29×

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
PANL
PANL
Operating Cash FlowLast quarter
$73.7M
$15.1M
Free Cash FlowOCF − Capex
$51.4M
FCF MarginFCF / Revenue
16.0%
Capex IntensityCapex / Revenue
6.9%
Cash ConversionOCF / Net Profit
5.31×
1.27×
TTM Free Cash FlowTrailing 4 quarters
$82.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIN
AIN
PANL
PANL
Q4 25
$73.7M
$15.1M
Q3 25
$43.9M
$28.6M
Q2 25
$32.7M
$14.4M
Q1 25
$2.1M
$-4.4M
Q4 24
$78.5M
$19.3M
Q3 24
$47.0M
$28.5M
Q2 24
$83.4M
$9.0M
Q1 24
$9.6M
$9.0M
Free Cash Flow
AIN
AIN
PANL
PANL
Q4 25
$51.4M
Q3 25
$25.9M
Q2 25
$18.8M
Q1 25
$-13.5M
Q4 24
$60.2M
Q3 24
$31.6M
Q2 24
$63.6M
Q1 24
$-17.3M
FCF Margin
AIN
AIN
PANL
PANL
Q4 25
16.0%
Q3 25
9.9%
Q2 25
6.0%
Q1 25
-4.7%
Q4 24
21.0%
Q3 24
10.6%
Q2 24
19.2%
Q1 24
-5.5%
Capex Intensity
AIN
AIN
PANL
PANL
Q4 25
6.9%
Q3 25
6.9%
Q2 25
4.5%
Q1 25
5.4%
Q4 24
6.4%
Q3 24
5.2%
Q2 24
6.0%
Q1 24
8.6%
Cash Conversion
AIN
AIN
PANL
PANL
Q4 25
5.31×
1.27×
Q3 25
2.34×
Q2 25
3.56×
Q1 25
0.12×
Q4 24
4.44×
2.29×
Q3 24
2.61×
5.57×
Q2 24
3.39×
2.43×
Q1 24
0.35×
0.77×

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%

PANL
PANL

Voyage$166.3M90%
Charter$13.1M7%
Terminal Stevedore Revenue$4.4M2%

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