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Albemarle Corp

Albemarle Corp

ALB · NYSE · Basic Materials / Specialty Chemicals

93.53USD-1.32 (-1.39%)

Price History

Full chart

Market Stats

Previous Close94.85
Open95.00
Day Range92.64 – 95.50
52-Week Range78.40 – 219.70
Volume1.18M
Market Cap12.95B
P/E (TTM)406.41
Forward P/E11.43
EPS0.27
Dividend Yield1.52%
Beta1.33
50-Day Avg124.26
200-Day Avg156.10

About

Albemarle Corporation provides energy storage solutions worldwide. It operates through three segments: Energy Storage, Specialties, and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride for use in lithium batteries used in consumer electronics and electric vehicles; power grids and solar panels; high-performance greases; and specialty glass used in consumer appliances and electronics. The Specialties segment provides bromine and highly specialized lithium solutions for various industries, such as energy, mobility, connectivity, and health comprising fire safety compounds; bromine-based specialty chemical products, including elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and various bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications, including airbag initiators. This segment also provides organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates for the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Ketjen segment offers clean fuels technologies, including hydroprocessing catalysts together with isomerization and alkylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves the grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals, and medical device industries. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Jerry Kent Masters Jr.
  • Employees7.80K
  • Headquarters4250 Congress Street, Charlotte, NC, United States, 28209, USA
  • Websitehttps://www.albemarle.com

Leadership

  • Mr. Jerry Kent Masters Jr.Chairman, President & CEO · b. 1960
  • Mr. Neal R. SheoreyCFO & Executive VP · b. 1977
  • Mr. Mark R. MummertExecutive VP & COO · b. 1969
  • Mr. Eric W. NorrisExecutive VP & Chief Commercial Officer · b. 1967
  • Ms. Melissa H. AndersonExecutive VP & Chief Business Transformation Officer · b. 1965
  • Mr. Max W. HoodChief Accounting Officer · b. 1979
  • Ms. Meredith H. Bandy C.F.A.Vice President of Investor Relations & Sustainability
  • Mr. Ander C. KrupaSenior VP, General Counsel & Corporate Secretary · b. 1979
  • Ms. Cynthia Renee LimaSenior VP and Chief External Affairs & Communications Officer · b. 1962
  • Ms. Autumn M. GagarinasSenior VP & Chief People and Workplace Transformation Officer · b. 1974

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue903.40M1.08B1.24B854.50M829.90M820.90M845.90M917.55M942.75M1.01B1.11B1.51B2.11B2.37B2.34B2.47B2.01B2.36B2.87B2.52B2.39B2.45B2.83B2.68B3.07B3.37B3.59B3.13B3.33B7.32B9.62B5.38B5.14B
Growth (%)-+19.65%+15.11%-31.32%-2.88%-1.08%+3.05%+8.47%+2.75%+6.91%+10.15%+36.34%+39.22%+12.38%-1.36%+5.60%-18.72%+17.82%+21.43%-12.19%-4.96%+2.14%+15.57%-5.28%+14.75%+9.86%+6.35%-12.83%+6.36%+119.96%+31.38%-44.08%-4.37%
Cost of Revenue622.50M742.10M873.10M540.40M499.40M485.00M505.60M646.09M721.42M775.39M871.73M1.20B1.68B1.82B1.71B1.86B1.52B1.62B1.89B1.84B1.76B1.67B1.97B1.71B1.95B2.15B2.33B2.13B2.32B4.23B8.42B5.32B4.47B
Gross Profit280.90M338.80M371.10M314.10M330.50M335.90M340.30M271.46M221.34M232.53M238.51M315.75M426.15M550.81M622.49M607.67M483.86M745.92M977.06M910.00M861.40M770.85M860.23M970.58M1.12B1.22B1.26B995.55M1.01B3.09B1.20B60.24M671.62M
Gross Margin31.09%31.34%29.83%36.76%39.82%40.92%40.23%29.59%23.48%23.07%21.48%20.86%20.22%23.26%26.65%24.63%24.13%31.57%34.06%36.12%35.98%31.52%30.44%36.25%36.57%36.18%35.07%31.82%30.30%42.15%12.49%1.12%13.06%
Operating Expense232.30M244.90M254.10M220.70M209.70M210.10M215.50M121.30M122.89M129.71M145.69M189.01M261.40M284.15M307.66M322.42M273.55M324.12M389.22M400.25M245.13M443.44M389.63M460.94M500.92M496.74M573.46M469.84M475.81M584.13M959.89M696.24M577.83M
Operating Income48.60M93.90M117.00M93.40M120.80M125.80M124.80M150.16M98.45M102.82M92.82M126.73M164.75M266.66M314.83M285.25M210.32M421.81M587.84M509.75M616.27M327.40M470.61M509.64M622.56M724.31M685.32M525.71M532.66M2.50B241.12M-636.01M93.79M
Operating Margin5.38%8.69%9.40%10.93%14.56%15.32%14.75%16.37%10.44%10.20%8.36%8.37%7.82%11.26%13.48%11.56%10.49%17.85%20.49%20.23%25.74%13.39%16.65%19.04%20.27%21.46%19.09%16.80%16.01%34.17%2.51%-11.83%1.82%
EBITDA137.10M187.20M211.10M164.40M189.80M200.80M200.60M223.91M176.06M183.42M176.84M185.93M312.08M379.61M421.69M396.94M310.83M517.38M684.59M608.77M723.64M430.98M730.68M735.81M819.49M925.01M898.81M757.70M544.86M3.63B2.65B-291.83M559.90M
EBITDA Margin15.18%17.32%16.97%19.24%22.87%24.46%23.71%24.40%18.68%18.20%15.93%12.28%14.81%16.03%18.05%16.09%15.50%21.90%23.86%24.17%30.22%17.62%25.85%27.48%26.68%27.41%25.04%24.22%16.37%49.58%27.52%-5.43%10.89%
Net Income21.80M51.30M78.20M156.10M80.00M84.70M88.80M101.78M68.17M73.02M71.94M54.84M114.87M142.97M229.69M194.20M178.37M315.78M392.11M311.54M413.17M133.32M334.91M643.67M54.85M693.56M533.23M375.76M123.67M2.69B1.57B-1.18B-510.63M
Net Income Margin2.41%4.75%6.29%18.27%9.64%10.32%10.50%11.09%7.23%7.24%6.48%3.62%5.45%6.04%9.83%7.87%8.89%13.36%13.67%12.37%17.26%5.45%11.85%24.04%1.79%20.55%14.86%12.01%3.72%36.75%16.36%-21.93%-9.93%
R&D-28.10M29.50M30.44M31.40M29.70M34.30M26.20M21.92M16.48M18.41M31.27M41.67M46.30M62.69M67.29M60.92M58.39M77.08M78.92M82.25M88.31M89.19M80.47M84.33M70.05M58.29M59.21M54.03M71.98M85.72M86.72M51.40M
R&D as % of Total Revenue-2.60%2.37%3.56%3.78%3.62%4.05%2.86%2.33%1.64%1.66%2.07%1.98%1.95%2.68%2.73%3.04%2.47%2.69%3.13%3.44%3.61%3.16%3.01%2.75%2.08%1.62%1.89%1.62%0.98%0.89%1.61%1.00%
Interest Expense000000000000044.00K38.30K38.17M24.58M25.53M37.57M32.80M31.56M41.36M81.65M65.18M115.35M52.41M57.70M73.12M61.48M122.97M116.07M165.62M207.65M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.55%1.23%1.08%1.31%1.30%1.32%1.69%2.89%2.43%3.75%1.55%1.61%2.34%1.85%1.68%1.21%3.08%4.04%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.08B1.14B1.20B846.26M888.18M937.80M954.09M981.80M1.13B1.19B1.39B2.44B2.55B2.53B2.83B2.84B2.77B3.07B3.20B3.44B3.58B5.22B9.62B8.16B7.75B7.58B9.86B10.45B10.97B15.46B18.27B16.61B16.37B
Total Liabilities384.80M594.20M581.90M341.06M370.85M486.13M463.53M422.90M536.17M623.22M751.07M1.73B1.62B1.50B1.50B1.78B1.52B1.59B1.52B1.51B1.84B3.73B6.21B4.22B3.93B3.82B5.77B5.98B5.17B7.27B8.61B6.41B6.59B
Total Equity700.20M545.00M622.60M505.20M517.34M451.67M490.56M558.91M593.30M569.74M636.22M711.38M930.27M1.03B1.28B1.07B1.21B1.42B1.59B1.83B1.63B1.36B3.25B3.80B3.67B3.59B3.93B4.27B5.63B7.98B9.41B9.96B9.53B
Cash32.50M32.10M33.10M14.24M34.32M21.18M48.62M19.30M30.59M37.64M35.17M46.39M58.57M149.50M130.55M253.30M308.79M529.65M469.42M477.70M477.24M2.49B213.73M2.27B1.14B555.32M613.11M746.72M439.27M1.50B889.90M1.19B1.62B
Total Debt95.40M256.40M217.10M31.90M91.80M192.90M159.80M97.98M170.22M190.63M228.58M944.63M833.45M732.59M723.94M932.26M812.71M860.91M763.67M699.29M1.08B2.93B3.82B2.37B1.84B1.71B3.19B3.69B2.52B3.32B4.28B3.62B3.30B
Net Debt62.90M224.30M184.00M17.70M57.50M171.70M111.20M78.68M139.63M142.84M193.41M898.24M774.88M583.09M593.39M678.96M503.92M331.26M294.26M221.59M601.63M444.36M3.60B99.51M700.07M1.15B2.57B2.94B2.08B1.82B3.39B2.42B1.68B

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow101.60M110.70M116.20M28.47M98.81M137.21M164.30M155.07M143.97M144.77M150.10M191.56M168.86M376.29M242.54M315.75M358.52M331.31M457.59M488.77M432.86M492.61M360.69M733.40M303.98M546.16M719.37M798.91M344.26M1.91B1.33B687.88M1.28B
Investing Cash Flow-195.90M-54.00M-53.80M399.22M-90.29M-89.76M-65.87M-97.19M-175.74M-41.01M-166.39M-868.63M-78.03M-145.12M-132.93M-163.70M-121.63M-92.19M-208.61M-301.16M-157.74M-46.13M-2.16B2.92B-357.80M-303.69M-1.66B-863.57M-666.59M-1.42B-2.56B-1.58B-146.01M
Financing Cash Flow83.80M-57.10M-61.50M-446.58M11.56M-60.59M-68.32M-87.94M43.57M-105.09M-6.28M686.33M-69.23M-143.53M-139.67M-13.62M-180.78M-7.94M-329.12M-177.29M-288.05M1.61B-478.32M-1.58B-1.09B-786.53M1.04B177.26M50.21M611.89M623.91M1.24B-834.19M
Capital Expenditure88.10M70.40M112.40M90.44M85.28M76.75M77.57M52.25M49.90M38.38M41.06M57.65M70.08M99.85M98.74M99.74M100.79M75.48M197.75M280.87M155.35M110.58M227.65M196.65M317.70M699.99M851.80M850.48M953.67M1.26B2.15B1.68B589.80M
Free Cash Flow13.50M40.30M3.80M-61.97M13.52M60.47M86.73M102.82M94.06M106.39M109.04M133.90M98.78M276.45M143.80M216.01M257.74M255.83M259.84M207.89M277.51M382.03M133.04M536.75M-13.72M-153.83M-132.42M-51.56M-609.41M646.20M-827.96M-992.65M692.47M
Dividends Paid-9.60M13.50M14.23M16.56M19.27M18.80M19.75M23.84M22.98M26.23M30.14M29.85M31.58M40.03M55.94M56.14M49.64M57.76M69.11M78.11M84.10M119.30M135.35M140.56M144.60M152.20M161.82M177.85M184.43M187.19M311.28M357.28M
FCF to OCF13.29%36.40%3.27%-217.68%13.69%44.07%52.79%66.31%65.34%73.49%72.65%69.90%58.50%73.47%59.29%68.41%71.89%77.22%56.79%42.53%64.11%77.55%36.88%73.19%-4.51%-28.16%-18.41%-6.45%-177.02%33.87%-62.41%-144.31%54.00%
Dividend Paid to FCF-23.82%355.26%-22.97%122.47%31.87%21.67%19.21%25.35%21.60%24.05%22.51%30.22%11.42%27.84%25.89%21.78%19.40%22.23%33.24%28.15%22.01%89.67%25.22%-1024.17%-94.00%-114.94%-313.83%-29.18%28.54%-22.61%-31.36%51.60%

Earnings

Report DateApr 24, 1996Jul 25, 1996Oct 22, 1996Jan 29, 1997Apr 22, 1997Jul 23, 1997Oct 22, 1997Jan 28, 1998Apr 21, 1998Jul 22, 1998Oct 21, 1998Jan 22, 1999Apr 21, 1999Jul 16, 1999Oct 15, 1999Jan 20, 2000Apr 17, 2000Jul 18, 2000Oct 17, 2000Jan 19, 2001Apr 20, 2001Jul 23, 2001Oct 19, 2001Jan 23, 2002Apr 19, 2002Jul 25, 2002Oct 23, 2002Jan 23, 2003Apr 23, 2003Jul 23, 2003Oct 21, 2003Jan 29, 2004Apr 21, 2004Jul 22, 2004Oct 28, 2004Feb 3, 2005Apr 26, 2005Jul 20, 2005Oct 25, 2005Jan 25, 2006Apr 25, 2006Jul 24, 2006Oct 18, 2006Jan 23, 2007Apr 23, 2007Jul 24, 2007Oct 22, 2007Jan 28, 2008Apr 21, 2008Jul 21, 2008Oct 27, 2008Jan 26, 2009Apr 27, 2009Jul 22, 2009Oct 26, 2009Jan 25, 2010Apr 26, 2010Jul 26, 2010Oct 21, 2010Jan 24, 2011Apr 19, 2011Jul 21, 2011Oct 24, 2011Jan 23, 2012Apr 18, 2012Jul 17, 2012Oct 17, 2012Jan 22, 2013Apr 17, 2013Jul 17, 2013Oct 16, 2013Jan 28, 2014Apr 16, 2014Jul 30, 2014Oct 22, 2014Jan 28, 2015May 6, 2015Aug 6, 2015Nov 4, 2015Feb 17, 2016May 10, 2016Aug 3, 2016Nov 7, 2016Feb 27, 2017May 3, 2017Aug 7, 2017Nov 8, 2017Feb 27, 2018May 9, 2018Aug 7, 2018Nov 7, 2018Feb 20, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 19, 2020May 6, 2020Aug 5, 2020Nov 4, 2020Feb 17, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 16, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 15, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 14, 2024May 1, 2024Jul 31, 2024Nov 6, 2024Feb 12, 2025Apr 30, 2025Jul 30, 2025Nov 5, 2025Feb 11, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.160.160.120.120.140.170.160.170.200.210.180.190.240.210.160.210.250.220.210.190.230.180.170.160.180.190.210.210.200.210.210.190.200.210.200.220.230.290.290.280.310.350.430.470.600.540.610.590.660.650.650.480.280.330.550.570.640.760.840.870.961.121.181.081.161.221.111.011.010.981.081.040.951.101.021.020.710.820.890.830.861.000.810.730.961.101.071.211.201.281.251.471.231.431.501.750.840.720.761.120.800.830.770.991.653.256.998.377.044.523.741.110.230.46-0.48-0.67-0.68-0.81-0.92-0.511.313.352.55
EPS Actual0.160.130.070.160.180.190.170.190.210.210.170.240.210.140.180.260.310.260.260.220.240.160.180.170.190.200.240.210.190.190.180.220.200.250.240.230.270.300.230.360.360.450.630.590.600.590.610.600.700.670.610.420.250.410.570.680.740.891.020.921.151.231.281.111.201.241.101.170.930.971.091.080.961.101.140.991.170.840.901.031.121.090.910.781.051.131.081.341.301.361.311.531.231.551.531.731.000.861.091.171.100.891.051.012.383.457.508.6210.327.332.741.850.260.04-1.55-1.09-0.180.11-0.19-0.532.953.75-
Surprise0.00%-18.75%-41.67%33.33%28.57%11.76%6.25%11.76%5.00%0.00%-5.56%26.32%-12.50%-33.33%12.50%23.81%24.00%18.18%23.81%15.79%4.35%-11.11%5.88%6.25%5.56%5.26%14.29%0.00%-5.00%-9.52%-14.29%15.79%0.00%19.05%20.00%4.55%17.39%3.45%-20.69%28.57%16.13%28.57%46.51%25.53%0.00%9.26%0.00%1.69%6.06%3.08%-6.15%-12.50%-10.71%24.24%3.64%19.30%15.63%17.11%21.43%5.75%19.79%9.82%8.47%2.78%3.45%1.64%-0.90%15.84%-7.92%-1.02%0.93%3.85%1.05%0.00%11.76%-2.94%64.79%2.44%1.12%24.10%30.23%9.00%12.35%6.85%9.38%2.73%0.93%10.74%8.33%6.25%4.80%4.08%0.00%8.39%2.00%-1.14%19.05%19.44%43.42%4.46%37.50%7.23%36.36%2.02%44.24%6.15%7.30%2.99%46.59%62.17%-26.74%66.67%13.04%-91.30%-222.92%-62.69%73.53%113.58%79.35%-3.33%125.19%11.94%-
Timing----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market---------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap12.95B
Enterprise Value15.87B
Trailing P/E406.41
Forward P/E11.43
PEG Ratio0.79
Price / Sales2.19
Price / Book1.67
EPS0.27
Book Value68.14
Revenue (TTM)5.91B
Gross Profit (TTM)1.42B
EBITDA1.48B
Profit Margin3.80%
Operating Margin27.71%
Return on Equity2.65%
Return on Assets3.17%
Shares Outstanding118.01M
Shares Float117.61M
Beta1.33
Dividend Yield1.52%
Dividend Rate1.64
Payout Ratio27.17%

Analyst Ratings

Hold
Based on 28 analystsTarget 171.56
  • Strong Buy
    6
  • Buy
    3
  • Hold
    17
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
101.78%
Insiders
0.22%
Retail / Other
0.00%

Top Institutional Holders

  • Capital World Investors
    9.90M8.39%
  • BlackRock Inc
    8.73M7.40%
  • Vanguard Capital Management, LLC
    7.66M6.49%
  • Vanguard Portfolio Management, LLC
    6.32M5.35%
  • State Street Corp
    5.22M4.43%
  • Geode Capital Management, LLC
    3.43M2.91%
  • Bank of America Corp
    2.98M2.52%
  • PRIMECAP Management Company
    2.65M2.25%
  • Morgan Stanley - Brokerage Accounts
    2.25M1.90%
  • JPMorgan Chase & Co
    2.03M1.72%
  • Van Eck Associates Corporation
    2.02M1.71%
  • The Toronto-Dominion Bank
    1.70M1.44%
  • The Goldman Sachs Group Inc
    1.67M1.42%
  • Amvescap Plc.
    1.66M1.40%
  • Earnest Partners LLC
    1.60M1.36%

Top Fund Holders

  • American Funds American Balanced A
    4.00M3.39%
  • American Funds Growth Fd of Amer A
    3.99M3.38%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.75M3.17%
  • Vanguard 500 Index Investor
    3.13M2.65%
  • Vanguard Small Cap Index
    2.71M2.30%

Dividends

20263×
0.41Sep 11, 20260.41Jun 12, 20260.41Mar 13, 2026
20254×
0.41Dec 12, 20250.41Sep 12, 20250.41Jun 13, 20250.41Mar 14, 2025
20244×
0.41Dec 13, 20240.41Sep 13, 20240.40Jun 14, 20240.40Mar 14, 2024
20234×
0.40Dec 14, 20230.40Sep 14, 20230.40Jun 15, 20230.40Mar 16, 2023
20224×
0.40Dec 15, 20220.40Sep 15, 20220.40Jun 9, 20220.40Mar 17, 2022
20214×
0.39Dec 16, 20210.39Sep 16, 20210.39Jun 10, 20210.39Mar 11, 2021
20201×
0.39Dec 10, 2020

Stock Splits

  • Mar 2, 20072:1