ALBEMARLE CORP ALB
Albemarle Corporation was incorporated in Virginia in 1993. Our principal executive offices are located at 4250 Congress Street, Suite 900, Charlotte, North Carolina 28209. Unless the context otherwise indicates, the terms "Albemarle," "we," "us," "our" or "the Company" mean Albemarle Corporation and its consolidated subsidiaries.
Albemarle is a world leader in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. Our purpose is to enable a more resilient world. We partner to pioneer new ways to move, power, connect, and protect. The end markets we serve include grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical devices. We believe that our world-class resources with reliable and consistent supply, our leading process chemistry, high-impact innovation, customer centricity and focus on people and planet will enable us to maintain a leading position in the industries in which we operate.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.14B | $5.38B | $9.62B | $7.32B | $3.33B | $3.13B | $3.59B | $3.37B | $3.07B | $2.68B |
| Cost of revenue | $4.47B | $5.31B | $8.43B | $4.25B | $2.33B | $2.13B | $2.33B | $2.16B | $1.97B | $1.71B |
| Gross profit | $668.7M | $62.5M | $1.19B | $3.07B | $998.0M | $994.9M | $1.26B | $1.22B | $1.11B | $970.3M |
| R&D | $51.4M | $86.7M | $85.7M | $72.0M | $54.0M | $59.2M | $58.3M | $70.1M | $84.3M | $80.5M |
| SG&A | $550.0M | $618.0M | $910.0M | $524.1M | $441.5M | $429.8M | $533.4M | $446.1M | $450.3M | $353.8M |
| Operating income | -$367.1M | -$1.78B | $251.9M | $2.47B | $798.4M | $505.8M | $666.1M | $911.5M | $571.7M | $601.0M |
| Pre-tax income | -$552.1M | -$1.76B | $246.7M | $2.43B | $133.6M | $373.5M | $563.0M | $794.7M | $446.8M | $515.3M |
| Income tax | $156.9M | $87.1M | $430.3M | $390.6M | $29.4M | $54.4M | $88.2M | $144.8M | $431.8M | $96.3M |
| Net income | -$510.6M | -$1.18B | $1.57B | $2.69B | $123.7M | $375.8M | $533.2M | $693.6M | $54.9M | $643.7M |
| EPS, basic | -5.76 | -11.20 | 13.41 | 22.97 | 1.07 | 3.53 | 5.03 | 6.40 | 0.49 | 5.73 |
| EPS, diluted | -5.76 | -11.20 | 13.36 | 22.84 | 1.06 | 3.52 | 5.02 | 6.34 | 0.49 | 5.68 |
| Shares, diluted (wtd. avg.) | $117.7M | $117.5M | $117.8M | $117.8M | $116.5M | $106.8M | $106.3M | $109.5M | $112.4M | $113.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.62B | $1.19B | $889.9M | $1.50B | $439.3M | $746.7M | $613.1M | $555.3M | $1.14B | $2.27B |
| Receivables | $593.5M | $742.2M | $1.21B | $1.19B | $556.9M | $530.8M | $612.7M | $605.7M | $534.3M | $486.0M |
| Inventory | $1.18B | $1.50B | $2.16B | $2.08B | $798.6M | $750.2M | $769.0M | $700.5M | $592.8M | $450.3M |
| Total current assets | $4.01B | $3.84B | $5.22B | $5.19B | $1.99B | $2.21B | $2.23B | $2.00B | $2.48B | $3.31B |
| Property, plant and equipment | — | — | — | — | $5.91B | $5.35B | $4.91B | $3.02B | $2.49B | $2.36B |
| Goodwill | $1.50B | $1.58B | $1.63B | $1.62B | $1.60B | $1.67B | $1.58B | $1.57B | $1.61B | $1.54B |
| Other intangibles | $214.2M | $230.8M | $261.9M | $287.9M | $308.9M | $349.1M | $354.6M | $386.1M | $421.5M | $354.6M |
| Total assets | $16.37B | $16.61B | $18.27B | $15.46B | $10.97B | $10.45B | $9.86B | $7.58B | $7.75B | $8.16B |
| Accounts payable | — | — | — | $1.53B | $600.5M | $483.2M | $574.1M | $522.5M | $418.5M | $281.9M |
| Short-term debt | $74.1M | $398.0M | $625.8M | $2.1M | $389.9M | $804.7M | $187.3M | $307.3M | $422.0M | $247.5M |
| Total current liabilities | $1.80B | $1.97B | $3.56B | $2.74B | $1.87B | $1.80B | $1.41B | $1.18B | $1.20B | $1.14B |
| Long-term debt | $3.12B | $3.12B | $3.54B | $3.21B | $2.00B | $2.77B | $2.86B | $1.40B | $1.42B | $2.12B |
| Retained earnings | $4.61B | $5.48B | $6.99B | $5.60B | $3.10B | $3.16B | $2.94B | $2.57B | $2.04B | $2.12B |
| Total equity | $9.53B | $9.96B | $9.67B | $8.19B | $5.81B | $4.47B | $4.09B | $3.76B | $3.82B | $3.94B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.28B | $687.9M | $1.33B | $1.91B | $344.3M | $798.9M | $719.4M | $546.2M | $304.0M | $735.5M |
| Depreciation and amortisation | $658.7M | $588.6M | $429.9M | $300.8M | $254.0M | $232.0M | $213.5M | $200.7M | $196.9M | $226.2M |
| Stock-based compensation | $40.3M | $32.1M | $36.5M | $30.5M | $20.1M | $22.8M | $19.7M | $15.2M | $19.4M | $17.0M |
| Capital expenditure | $589.8M | $1.68B | $2.15B | $1.26B | $953.7M | $850.5M | $851.8M | $700.0M | $317.7M | $196.7M |
| Investing cash flow | -$146.0M | -$1.58B | -$2.56B | -$1.42B | -$666.6M | -$863.6M | -$1.66B | -$303.7M | -$357.8M | $2.92B |
| Financing cash flow | -$834.2M | $1.24B | $623.9M | $611.9M | $50.2M | $177.3M | $1.04B | -$786.5M | -$1.09B | -$1.58B |
| Dividends paid | $190.5M | $188.5M | $187.2M | $184.4M | $177.9M | $161.8M | $152.2M | $144.6M | $140.6M | $135.4M |
| Buybacks | — | — | — | — | — | $0 | $0 | $500.0M | $250.0M | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000915913-26-000060.
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