NYSE : ALB
Albemarle Corporation — Financial statements
Materials · Specialty Chemicals · United States
Last price 91 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 10.74B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Albemarle Corporation (ALB) reported revenue of 5.91B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 5.91B | 5.14B | 5.38B | 9.62B | 7.32B | 3.33B |
| Cost of Revenue | 4.49B | 4.47B | 5.29B | 8.44B | 4.24B | 2.32B |
| Gross Profit | 1.42B | 673.52M | 84.24M | 1.18B | 3.08B | 1.01B |
| Selling, General & Admin | 537.15M | 543.02M | 595.27M | 869.35M | 439.14M | 333.31M |
| Research & Development | 37.69M | 51.40M | 86.72M | 85.72M | 71.98M | 54.03M |
| Operating Expenses | 574.84M | 594.42M | 681.99M | 955.07M | 511.12M | 387.34M |
| Operating Income | 840.67M | 79.10M | -597.75M | 226.74M | 2.57B | 621.13M |
| Interest Expense | -177.85M | -200.18M | -165.62M | -116.07M | -103.75M | -32.52M |
| Interest & Investment Income | 19.80M | 36.30M | 19.30M | |||
| Earnings From Equity Investments | 349.06M | 243.74M | 715.43M | 1.85B | 772.27M | 95.77M |
| Currency Exchange Gain (Loss) | -203.54M | -18.90M | 67.50M | 39.90M | -21.80M | 100.00K |
| Other Non Operating Income (Expenses) | 267.71M | 80.21M | 121.84M | 80.27M | 44.49M | 14.65M |
| EBT Excluding Unusual Items | 1.08B | 203.78M | 177.71M | 2.10B | 3.26B | 699.13M |
| Merger & Restructuring Charges | -63.38M | -16.00M | -1.19B | -38.56M | -20.56M | -15.87M |
| Impairment of Goodwill | -181.07M | -181.07M | ||||
| Gain (Loss) on Sale of Investments | 45.02M | -41.16M | -72.86M | 31.96M | -4.08M | 295.97M |
| Gain (Loss) on Sale of Assets | -95.02M | 40.90M | ||||
| Asset Writedown | -247.80M | -247.80M | ||||
| Legal Settlements | -1.40M | -2.00M | 100.00K | -667.91M | ||
| Other Unusual Items | -11.63M | -24.07M | -7.20M | -4.10M | -27.62M | -81.94M |
| Pretax Income | 520.76M | -308.33M | -1.05B | 2.10B | 3.21B | 229.39M |
| Income Tax Expense | 242.28M | 156.88M | 87.08M | 430.28M | 390.59M | 29.45M |
| Earnings From Continuing Operations | 278.49M | -465.21M | -1.14B | 1.67B | 2.82B | 199.94M |
| Net Income to Company | 278.49M | -465.21M | -1.14B | 1.67B | 2.82B | 199.94M |
| Minority Interest in Earnings | -54.31M | -45.42M | -43.97M | -97.07M | -125.31M | -76.27M |
| Net Income | 224.18M | -510.63M | -1.18B | 1.57B | 2.69B | 123.67M |
| Preferred Dividends & Other Adjustments | 166.75M | 166.75M | 136.65M | |||
| Net Income to Common | 57.43M | -677.38M | -1.32B | 1.57B | 2.69B | 123.67M |
| Shares Outstanding (Basic) | 117.80M | 117.66M | 117.52M | 117.32M | 117.12M | 115.84M |
| Shares Outstanding (Diluted) | 126.93M | 117.66M | 117.52M | 117.77M | 117.79M | 116.54M |
| EPS (Basic) | 0.49 | -5.76 | -11.20 | 13.41 | 22.97 | 1.07 |
| EPS (Diluted) | 0.49 | -5.76 | -11.20 | 13.36 | 22.84 | 1.06 |
| Free Cash Flow | 1.34B | 692.47M | -992.65M | -827.96M | 646.20M | -609.41M |
| Free Cash Flow Per Share | 10.58 | 5.88 | -8.45 | -7.03 | 5.49 | -5.23 |
| Dividend Per Share | 1.62 | 1.62 | 1.61 | 1.60 | 1.58 | 1.56 |
| Gross Margin | 23.96% | 13.10% | 1.57% | 12.29% | 42.05% | 30.30% |
| Operating Margin | 14.23% | 1.54% | -11.12% | 2.36% | 35.06% | 18.66% |
| Profit Margin | 0.97% | -13.17% | -24.47% | 16.36% | 36.75% | 3.72% |
| Free Cash Flow Margin | 22.72% | 13.46% | -18.46% | -8.61% | 8.83% | -18.31% |
| EBITDA | 1.48B | 737.78M | -9.11M | 656.68M | 2.87B | 875.13M |
| EBITDA Margin | 25.09% | 14.35% | -0.17% | 6.83% | 39.17% | 26.30% |
| D&A For EBITDA | 641.80M | 658.68M | 588.64M | 429.94M | 300.84M | 254.00M |
| EBIT | 840.67M | 79.10M | -597.75M | 226.74M | 2.57B | 621.13M |
| EBIT Margin | 14.23% | 1.54% | -11.12% | 2.36% | 35.06% | 18.66% |
| Effective Tax Rate | 46.52% | 20.48% | 12.18% | 12.84% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.63B | 1.62B | 1.19B | 889.90M | 1.50B | 439.27M |
| Cash & Short-Term Investments | 1.63B | 1.62B | 1.19B | 889.90M | 1.50B | 439.27M |
| Accounts Receivable | 603.80M | 593.50M | 742.20M | 1.21B | 1.19B | 556.92M |
| Other Receivables | 123.87M | 171.27M | 323.36M | 622.05M | 257.61M | 143.14M |
| Receivables | 727.67M | 764.77M | 1.07B | 1.84B | 1.45B | 700.06M |
| Inventory | 1.38B | 1.18B | 1.50B | 2.16B | 2.08B | 798.62M |
| Prepaid Expenses | 71.90M | 77.19M | 323.93M | 156.44M | 49.93M | |
| Other Current Assets | 200.28M | 374.19M | 4.75M | 6.59M | 6.72M | 5.80M |
| Total Current Assets | 3.94B | 4.01B | 3.84B | 5.22B | 5.19B | 1.99B |
| Property, Plant & Equipment | 8.57B | 8.73B | 9.45B | 9.63B | 7.09B | 6.06B |
| Long-Term Investments | 1.11B | 900.93M | 1.12B | 1.37B | 1.15B | 912.01M |
| Goodwill | 1.48B | 1.50B | 1.58B | 1.63B | 1.62B | 1.60B |
| Other Intangible Assets | 202.08M | 214.23M | 230.75M | 261.86M | 287.87M | 308.95M |
| Long-Term Deferred Tax Assets | 17.54M | 53.61M | 22.43M | 46.43M | 18.80M | |
| Other Long-Term Assets | 595.91M | 1.00B | 332.26M | 137.25M | 75.95M | 78.70M |
| Total Assets | 15.91B | 16.37B | 16.61B | 18.27B | 15.46B | 10.97B |
| Accounts Payable | 1.12B | 913.53M | 943.89M | 2.09B | 2.05B | 647.99M |
| Accrued Expenses | 363.13M | 140.21M | 157.15M | 513.81M | 417.21M | 266.49M |
| Current Portion of Long-Term Debt | 70.50M | 70.00M | 392.84M | 620.00M | 388.50M | |
| Current Portion of Leases | 30.61M | 28.64M | 37.81M | 36.34M | 37.64M | 33.02M |
| Current Income Taxes Payable | 131.70M | 35.47M | 95.28M | 255.16M | 134.88M | 27.67M |
| Current Unearned Revenue | 98.23M | 93.09M | 2.12M | |||
| Other Current Liabilities | 81.28M | 517.11M | 337.38M | 47.11M | 99.28M | 510.67M |
| Total Current Liabilities | 1.89B | 1.80B | 1.97B | 3.56B | 2.74B | 1.87B |
| Long-Term Debt | 1.70B | 3.02B | 3.00B | 3.44B | 3.14B | 1.93B |
| Long-Term Leases | 196.40M | 205.83M | 213.13M | 218.16M | 173.68M | 201.01M |
| Long-Term Unearned Revenue | 296.78M | 340.53M | 78.03M | 78.03M | ||
| Pension & Post-Retirement Benefits | 150.93M | 162.10M | 148.12M | 176.56M | 192.32M | 272.88M |
| Long-Term Deferred Tax Liabilities | 368.55M | 368.27M | 358.03M | 558.43M | 480.77M | 353.28M |
| Other Long-Term Liabilities | 766.05M | 701.23M | 641.66M | 577.39M | 537.33M | 536.70M |
| Total Liabilities | 5.37B | 6.59B | 6.41B | 8.61B | 7.27B | 5.17B |
| Common Stock | 1.18M | 1.18M | 1.18M | 1.17M | 1.17M | 1.17M |
| Additional Paid-In Capital | 3.05B | 3.02B | 2.99B | 2.95B | 2.94B | 2.92B |
| Retained Earnings | 5.23B | 4.61B | 5.48B | 6.99B | 5.60B | 3.10B |
| Comprehensive Income & Other | -243.60M | -334.81M | -742.06M | -528.53M | -560.66M | -392.45M |
| Total Common Equity | 8.04B | 7.30B | 7.73B | 9.41B | 7.98B | 5.63B |
| Minority Interest | 258.69M | 248.10M | 238.17M | 252.92M | 208.22M | 180.34M |
| Shareholders' Equity | 10.53B | 9.78B | 10.20B | 9.67B | 8.19B | 5.81B |
| Total Liabilities & Equity | 15.91B | 16.37B | 16.61B | 18.27B | 15.46B | 10.97B |
| Total Debt | 2.00B | 3.32B | 3.65B | 4.31B | 3.35B | 2.55B |
| Net Cash (Debt) | -367.25M | -1.64B | -2.40B | -3.21B | -1.81B | -2.08B |
| Net Cash Per Share | -2.89 | -13.93 | -20.38 | -27.29 | -15.39 | -17.82 |
| Filing Date Shares Outstanding | 118.01M | 117.85M | 117.57M | 117.40M | 117.20M | 117.04M |
| Total Common Shares Outstanding | 117.99M | 117.72M | 117.56M | 117.36M | 117.17M | 117.02M |
| Working Capital | 2.05B | 2.21B | 1.88B | 1.66B | 2.45B | 119.35M |
| Book Value Per Share | 68.14 | 62.00 | 65.72 | 80.20 | 68.13 | 48.07 |
| Tangible Book Value | 6.36B | 5.58B | 5.91B | 7.52B | 6.08B | 3.72B |
| Tangible Book Value Per Share | 53.86 | 47.44 | 50.30 | 64.08 | 51.87 | 31.78 |
| Land | 265.59M | 295.18M | 297.44M | 172.46M | 117.70M | |
| Buildings | 936.63M | 933.19M | 699.04M | 492.51M | 383.88M | |
| Machinery | 7.81B | 8.19B | 6.17B | 4.45B | 3.62B | |
| Construction In Progress | 642.93M | 1.01B | 3.06B | 2.25B | 2.06B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 224.18M | -510.63M | -1.18B | 1.57B | 2.69B | 123.67M |
| Depreciation & Amortization | 641.80M | 658.68M | 588.64M | 429.94M | 300.84M | 254.00M |
| Loss (Gain) From Sale of Assets | 95.02M | -71.19M | 8.40M | -295.97M | ||
| Asset Writedown & Restructuring Costs | 426.67M | 426.67M | 1.01B | |||
| Loss (Gain) From Sale of Investments | -64.16M | -14.09M | 63.82M | 39.86M | 3.28M | -3.82M |
| Loss (Gain) on Equity Investments | -349.06M | -243.74M | -715.43M | -1.85B | -772.27M | -95.77M |
| Stock-Based Compensation | 37.86M | 40.27M | 32.14M | 36.55M | 30.47M | 20.12M |
| Other Operating Activities | 50.01M | 230.73M | 147.85M | 2.18B | 1.06B | 230.30M |
| Change in Accounts Receivable | 47.31M | 47.31M | 555.22M | -350.65M | -786.12M | -49.30M |
| Change in Inventory | 212.35M | 212.35M | 1.06B | -353.56M | -1.61B | -127.40M |
| Change in Accounts Payable | 128.15M | 128.15M | -862.24M | -283.41M | 1.29B | 143.94M |
| Change in Other Net Operating Assets | 350.20M | 306.56M | -11.15M | -19.63M | -306.01M | 144.48M |
| Operating Cash Flow | 1.80B | 1.28B | 687.88M | 1.33B | 1.91B | 344.26M |
| Capital Expenditures | -457.96M | -589.80M | -1.68B | -2.15B | -1.26B | -953.67M |
| Sale of Property, Plant & Equipment | 9.06M | 32.81M | 29.10M | |||
| Cash Acquisitions | -426.23M | -162.24M | ||||
| Divestitures | 525.16M | 289.79M | ||||
| Investment in Securities | 130.44M | 296.75M | 82.25M | -205.65M | 1.24M | -2.71M |
| Other Investing Activities | -75.80M | 114.24M | -15.60M | 221.85M | ||
| Investing Cash Flow | 130.90M | -146.01M | -1.58B | -2.56B | -1.42B | -666.59M |
| Long-Term Debt Issued | 56.73M | 112.44M | 973.06M | 1.96B | 60.99M | |
| Long-Term Debt Repaid | -511.39M | -744.27M | -28.86M | -1.10B | -1.17B | |
| Net Debt Issued (Repaid) | -1.73B | -454.67M | -631.83M | 944.20M | 867.55M | -1.11B |
| Issuance of Common Stock | 21.69M | 3.24M | 374.00K | 190.00K | 2.78M | 1.47B |
| Repurchase of Common Stock | -8.52M | -7.26M | -11.89M | -27.47M | -13.34M | -8.14M |
| Preferred Dividends Paid | -166.75M | -166.75M | -122.75M | |||
| Common Dividends Paid | -190.66M | -190.53M | -188.53M | -187.19M | -184.43M | -177.85M |
| Dividends Paid | -357.41M | -357.28M | -311.28M | -187.19M | -184.43M | -177.85M |
| Other Financing Activities | -39.59M | -18.22M | -40.39M | -105.82M | -60.68M | -123.24M |
| Financing Cash Flow | -2.12B | -834.19M | 1.24B | 623.91M | 611.89M | 50.21M |
| Foreign Exchange Rate Adjustments | 10.58M | 123.70M | -42.51M | 4.84M | -37.22M | -35.33M |
| Net Cash Flow | -175.14M | 425.77M | 302.33M | -609.24M | 1.06B | -307.45M |
| Free Cash Flow | 1.34B | 692.47M | -992.65M | -827.96M | 646.20M | -609.41M |
| Free Cash Flow Margin | 22.72% | 13.46% | -18.46% | -8.61% | 8.83% | -18.31% |
| Free Cash Flow Per Share | 10.58 | 5.88 | -8.45 | -7.03 | 5.49 | -5.23 |
| Levered Free Cash Flow | 1.33B | 453.29M | -1.23B | -2.05B | -272.89M | 70.00M |
| Unlevered Free Cash Flow | 1.45B | 578.40M | -1.12B | -1.98B | -208.05M | 90.33M |
| Cash Interest Paid | 180.71M | 180.71M | 150.69M | 101.98M | 92.09M | 27.73M |
| Cash Income Tax Paid | 152.48M | 152.48M | 262.85M | 319.39M | 248.14M | 130.84M |
| Change in Working Capital | 738.01M | 694.38M | 736.87M | -1.01B | -1.41B | 111.72M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 10.74B | 16.65B | 10.12B | 16.96B | 25.41B | 27.35B |
| Enterprise Value | 11.11B | 20.99B | 14.65B | 19.43B | 27.76B | 29.14B |
| Last Close Price | 91.00 | 140.26 | 83.63 | 138.22 | 205.67 | 220.27 |
| PE Ratio | 186.67 | 10.78 | 9.45 | 221.11 | ||
| Forward PE | 8.78 | 228.40 | 292.46 | 17.00 | 7.80 | 46.33 |
| PS Ratio | 1.82 | 3.24 | 1.88 | 1.76 | 3.47 | 8.22 |
| PB Ratio | 1.34 | 1.70 | 0.99 | 1.75 | 3.10 | 4.71 |
| P/TBV Ratio | 1.69 | 2.98 | 1.71 | 2.25 | 4.18 | 7.35 |
| P/FCF Ratio | 8.00 | 24.04 | 39.31 | |||
| P/OCF Ratio | 5.96 | 12.98 | 14.71 | 12.78 | 13.32 | 79.43 |
| PEG Ratio | 7.66 | 7.66 | 1.34 | 0.10 | 2.20 | |
| EV/Sales Ratio | 1.88 | 4.08 | 2.72 | 2.02 | 3.79 | 8.76 |
| EV/EBITDA Ratio | 7.49 | 28.45 | 29.58 | 9.68 | 33.30 | |
| EV/EBIT Ratio | 13.21 | 265.33 | 85.68 | 10.81 | 46.92 | |
| EV/FCF Ratio | 8.27 | 30.31 | 42.95 | |||
| Debt / Equity Ratio | 0.19 | 0.34 | 0.36 | 0.45 | 0.41 | 0.44 |
| Debt / EBITDA Ratio | 1.25 | 3.92 | 41.17 | 5.75 | 1.14 | 2.73 |
| Debt / FCF Ratio | 1.49 | 4.80 | 5.19 | |||
| Net Debt / Equity Ratio | 0.04 | 0.17 | 0.23 | 0.33 | 0.22 | 0.36 |
| Net Debt / EBITDA Ratio | 0.25 | 2.22 | -262.89 | 4.89 | 0.63 | 2.37 |
| Net Debt / FCF Ratio | 0.27 | 2.37 | -2.41 | -3.88 | 2.81 | -3.41 |
| Asset Turnover | 0.36 | 0.31 | 0.31 | 0.57 | 0.55 | 0.31 |
| Inventory Turnover | 2.97 | 3.33 | 2.89 | 3.98 | 2.95 | 3.00 |
| Quick Ratio | 1.25 | 1.32 | 1.15 | 0.77 | 1.07 | 0.61 |
| Current Ratio | 2.09 | 2.23 | 1.95 | 1.47 | 1.89 | 1.06 |
| Return on Equity (ROE) | 2.65% | -4.66% | -11.43% | 18.71% | 40.23% | 3.89% |
| Return on Assets (ROA) | 3.16% | 0.30% | -2.14% | 0.84% | 12.14% | 3.62% |
| Return on Invested Capital (ROIC) | 4.10% | 0.66% | -4.64% | 1.56% | 25.10% | 7.05% |
| Return on Capital Employed (ROCE) | 6.00% | 0.50% | -4.10% | 1.50% | 20.20% | 6.80% |
| Earnings Yield | 0.54% | -3.07% | -11.66% | 9.28% | 10.59% | 0.45% |
| FCF Yield | 12.50% | 4.16% | -9.81% | -4.88% | 2.54% | -2.23% |
| Dividend Yield | 1.80% | 1.15% | 1.87% | 1.11% | 0.73% | 0.67% |
| Payout Ratio | 336.42% | 11.90% | 6.86% | 143.81% | ||
| Buyback Yield / Dilution | -7.95% | -0.13% | 0.21% | 0.02% | -1.08% | -9.11% |
| Total Shareholder Return | -6.14% | 1.02% | 2.08% | 1.13% | -0.35% | -8.44% |