Albemarle Corporation

Albemarle Corporation

AMC · XETRA · Basic Materials / Specialty Chemicals

84.60EUR-1.26 (-1.47%)

Price History

Full chart

Market Stats

Previous Close85.86
Open85.48
Day Range84.08 – 87.24
52-Week Range73.77 – 184.90
Volume394
Market Cap10.89B
P/E (TTM)384.42
Forward P/E11.51
EPS0.24
Dividend Yield1.59%
Beta1.33
50-Day Avg107.05
200-Day Avg134.50

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, Germany
  • 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: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.33B7.32B9.62B5.38B5.14B
Growth (%)-+119.96%+31.38%-44.08%-4.37%
Cost of Revenue2.33B4.25B8.43B5.31B4.47B
Gross Profit997.97M3.07B1.19B62.54M668.72M
Gross Margin29.99%42.00%12.33%1.16%13.00%
Operating Expense495.51M596.13M995.73M704.77M601.43M
Operating Income502.46M2.48B190.18M-642.23M67.28M
Operating Margin15.10%33.86%1.98%-11.94%1.31%
EBITDA-2.86B792.75M-1.01B314.26M
EBITDA Margin-39.03%8.24%-18.77%6.11%
Net Income123.67M2.69B1.57B-1.18B-510.63M
Net Income Margin3.72%36.75%16.36%-21.93%-9.93%
R&D54.03M71.98M85.72M86.72M51.40M
R&D as % of Total Revenue1.62%0.98%0.89%1.61%1.00%
Interest Expense61.48M122.97M116.07M165.62M207.65M
Interest Expense % of Total Revenue1.85%1.68%1.21%3.08%4.04%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets10.97B15.46B18.27B16.61B16.37B
Total Liabilities5.17B7.27B8.61B6.41B6.59B
Total Equity5.63B7.98B9.41B9.96B9.53B
Cash439.27M1.50B889.90M1.19B1.62B
Net Debt1.95B1.72B3.28B2.32B1.58B

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow344.26M1.91B1.33B702.07M1.28B
Financing Cash Flow50.21M611.89M623.91M1.24B-834.19M
Capital Expenditure953.67M1.26B2.15B1.69B589.80M
Free Cash Flow-609.41M646.20M-823.96M-983.72M692.47M
Dividends Paid177.85M184.43M187.19M311.28M357.28M
FCF to OCF-177.02%33.87%-62.17%-140.12%54.00%
Dividend Paid to FCF-29.18%28.54%-22.72%-31.64%51.60%

Earnings

Report DateJun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Feb 11, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate---------------------------0.491.243.242.56
EPS Actual1.291.310.770.910.730.790.660.703.00-2.85-0.031.923.247.569.429.805.072.36-4.90-0.07-1.82-8.600.27-0.00-0.14-1.47-3.332.002.77-
Surprise---------------------------579.10%61.22%-14.59%-
Timing--------------------------After-hoursAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap10.89B
Enterprise Value14.00B
Trailing P/E384.42
Forward P/E11.51
PEG Ratio0.78
Price / Sales1.84
Price / Book1.68
EPS0.24
Book Value60.58
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 Yield1.59%
Dividend Rate1.45
Payout Ratio600.00%

Dividends

20263×
0.36Sep 11, 20260.35Jun 12, 20260.35Mar 13, 2026
20254×
0.35Dec 12, 20250.35Sep 12, 20250.35Jun 13, 20250.35Mar 14, 2025
20244×
0.35Dec 13, 20240.35Sep 13, 20240.35Jun 14, 20240.35Mar 14, 2024
20234×
0.35Dec 14, 20230.35Sep 14, 20230.35Jun 15, 20230.35Mar 16, 2023
20224×
0.34Dec 15, 20220.34Sep 15, 20220.34Jun 9, 20220.34Mar 17, 2022
20214×
0.34Dec 16, 20210.34Sep 16, 20210.34Jun 10, 20210.34Mar 11, 2021
20131×
0.21Mar 13, 2013