Albemarle Corporation (ALB) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$3.24	$3.75	+15.7%	—	—	—
Q4 26	$1.31	$2.95	+125.2%	—	—	—
Q3 26	-$0.49	-$0.53	-8.2%	—	—	—
Q2 26	-$0.88	-$0.19	+78.4%	—	—	—
Q1 26	-$0.81	$0.11	+113.6%	—	—	—
Q4 25	-$0.68	-$0.18	+73.5%	—	—	—
Q3 25	-$0.67	-$1.09	-62.7%	—	—	—
Q2 25	-$0.48	-$1.55	-222.9%	—	—	—
Q1 25	$0.46	$0.04	-91.3%	—	—	—
Q4 24	$0.23	$0.26	+13.0%	—	—	—
Q3 24	$1.11	$1.85	+66.7%	—	—	—
Q2 24	$3.99	$2.74	-31.3%	—	—	—
Q1 24	$4.44	$7.33	+65.1%	—	—	—
Q4 23	$7.03	$10.3	+46.8%	—	—	—
Q3 23	$8.28	$8.62	+4.1%	—	—	—
Q2 23	$6.99	$7.5	+7.3%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$5.76	—	—	$5.1B	—
FY24	—	-$11.2	—	—	$5.4B	—
FY23	—	$13.4	—	—	$9.6B	—
FY22	—	$23	—	—	$7.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.7B	$3.1B	$3.4B	$3.6B	$3.1B	$3.3B	$7.3B	$9.6B	$5.4B	$5.1B
YoY change	-5.28%	+14.7%	+9.86%	+6.35%	-12.8%	+6.36%	+120%	+31.4%	-44.1%	-4.37%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.7B	3.1B	3.4B	3.6B	3.1B	3.3B	7.3B	9.6B	5.4B	5.1B
Cost of revenue	1.7B	2B	2.2B	2.3B	2.1B	2.3B	4.2B	8.4B	5.3B	4.5B
Gross profit	970.3M	1.1B	1.2B	1.3B	994.9M	998M	3.1B	1.2B	62.5M	668.7M
Gross margin	36.2%	36%	36.1%	35%	31.8%	30%	42%	12.3%	1.16%	13%
Research & development	80.5M	84.3M	70.1M	58.3M	59.2M	54M	72M	85.7M	86.7M	51.4M
Selling, general & administrative	353.8M	450.3M	446.1M	533.4M	429.8M	441.5M	524.1M	919.5M	618M	550M
Operating expenses	434.2M	534.6M	516.1M	591.7M	489M	495.5M	596.1M	1B	704.8M	601.4M
Operating income	536.1M	571.7M	701.1M	666.1M	505.8M	502.5M	2.5B	180.7M	-642.2M	67.3M
Operating margin	20%	18.6%	20.8%	18.6%	16.2%	15.1%	33.9%	1.88%	-11.9%	1.31%
Non-operating income, net	44.4M	-9.5M	146M	-45.5M	-59.2M	-307.4M	78M	182.1M	-956M	-411.7M
Pretax income	515.3M	446.8M	794.7M	563M	373.5M	133.6M	2.4B	246.7M	-1.8B	-552.1M
Income tax	96.3M	431.8M	144.8M	88.2M	54.4M	29.4M	390.6M	430.3M	87.1M	156.9M
Net income	680.8M	99.5M	739.1M	604.4M	446.6M	199.9M	2.8B	1.7B	-1.1B	-465.2M
Net margin	25.4%	3.24%	21.9%	16.8%	14.3%	6.01%	38.5%	17.4%	-21.1%	-9.05%
EBITDA	741.7M	759.1M	837.4M	834.1M	678.6M	153.1M	2.9B	721.6M	124.7M	748.6M
EPS	5.73	0.49	6.4	5.03	3.53	1.07	23	13.4	-11.2	-5.76
Diluted EPS	5.68	0.49	6.34	5.02	3.52	1.06	22.8	13.4	-11.2	-5.76

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	1.3B	1.4B	1.4B	1.7B
Cost of revenue	—	—	—	—	—	—	—	—	1.2B	1.2B	927.8M	1.2B
Gross profit	—	—	—	—	—	—	—	—	117.6M	197.9M	501M	590.3M
Gross margin	—	—	—	—	—	—	—	—	8.99%	13.9%	35.1%	33.9%
Research & development	—	—	—	—	—	—	—	—	12.7M	12.2M	9.2M	3.7M
Selling, general & administrative	—	—	—	—	—	—	—	—	138.6M	155.5M	137.4M	126.4M
Operating expenses	—	—	—	—	—	—	—	—	151.3M	167.7M	146.6M	130M
Operating income	—	—	—	—	—	—	—	—	-33.6M	30.3M	354.4M	460.3M
Operating margin	—	—	—	—	—	—	—	—	-2.57%	2.12%	24.8%	26.4%
Non-operating income, net	9.4M	34.5M	49.9M	-261.2M	-850.4M	139.2M	11.3M	-11M	-154.5M	-257.5M	-67.1M	12.3M
Pretax income	—	—	—	—	—	—	—	—	-239.1M	-285M	254.2M	441.6M
Income tax	—	—	—	—	—	—	—	—	-30.6M	157.3M	21.5M	94M
Net income	—	—	—	—	—	—	—	—	-147.9M	-401.8M	329M	499.2M
Net margin	—	—	—	—	—	—	—	—	-11.3%	-28.1%	23%	28.6%
EBITDA	—	—	—	—	—	—	—	—	159.6M	184.1M	566M	635.7M
EPS	2.58	-5.26	-0.08	-1.96	-9.45	0.29	0	-0.16	-1.72	-3.87	2.35	3.72
Diluted EPS	2.57	-5.26	-0.08	-1.96	-9.45	0.29	0	-0.16	-1.72	-3.87	2.34	3.52

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	9.7B	14.2B	8.4B	7.7B	15.7B	27.1B	25.4B	16.9B	10.1B	16.6B	12.7B
Enterprise value	9.8B	14.9B	9.5B	10.3B	18.6B	29.2B	27.2B	20.3B	12.5B	18.3B	15.8B
Shares outstanding	112.4M	110.9M	108.4M	105.9M	106.4M	115.8M	117.1M	117.3M	117.5M	117.7M	117.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.2	142.6	11.3	12.8	35.1	135.4	9.02	10.1	—	—	406.4
P/S	3.61	4.62	2.48	2.16	5.02	8.14	3.47	1.76	1.88	3.24	2.19
P/B	2.45	3.72	2.22	1.89	3.51	4.66	3.1	1.75	0.99	1.7	1.61
EV/EBITDA	13.2	19.6	11.4	12.3	27.5	190.4	9.5	28.2	100.5	24.5	10.7
EV/Sales	3.65	4.85	2.82	2.87	5.96	8.76	3.72	2.12	2.33	3.56	2.68
Earnings yield	7.04%	0.7%	8.85%	7.81%	2.85%	0.74%	11.1%	9.86%	—	—	0.25%
FCF yield	5.57%	-0.1%	-1.84%	-1.71%	-0.33%	-2.25%	2.54%	-4.86%	-9.72%	4.16%	10.5%
PEG	—	—	—	—	—	—	—	—	—	—	-0.17

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	36.2%	36%	36.1%	35%	31.8%	30%	42%	12.3%	1.16%	13%	33.9%
Operating margin	20%	18.6%	20.8%	18.6%	16.2%	15.1%	33.9%	1.88%	-11.9%	1.31%	27.7%
Net margin	25.4%	3.24%	21.9%	16.8%	14.3%	6.01%	38.5%	17.4%	-21.1%	-9.05%	3.79%
ROE	17.3%	2.61%	19.7%	14.8%	9.99%	3.44%	34.4%	17.3%	-11.1%	-4.76%	2.65%
ROA	8.34%	1.28%	9.75%	6.13%	4.27%	1.82%	18.2%	9.14%	-6.84%	-2.84%	3.16%
ROIC	10.8%	0.42%	11.7%	8.45%	5.83%	4.97%	20.8%	0%	-5.09%	0.59%	0%
Return on tangible assets	15.6%	2.7%	20.1%	10.1%	6.95%	2.79%	24.2%	11.5%	-8.75%	-3.59%	2.22%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.9	2.06	1.69	1.58	1.22	1.06	1.89	1.47	1.95	2.23	2.09
Quick ratio	2.51	1.57	1.1	1.03	0.81	0.64	1.13	0.86	1.19	1.57	1.35
Debt / equity	0.6	0.48	0.45	0.77	0.83	0.43	0.4	0.44	0.35	0.34	0.19
Debt / assets	0.29	0.24	0.22	0.32	0.35	0.23	0.21	0.23	0.22	0.2	0.12
Net debt / EBITDA	0.13	0.92	1.37	3.06	4.34	13.6	0.63	4.7	19.4	2.24	0.16
Interest coverage	8.91	4.87	16.2	10.8	6.11	3.17	20.8	3.13	-9.65	-1.66	1.99
Effective tax rate	18.7%	96.6%	18.2%	15.7%	14.6%	22%	16.1%	100%	0%	0%	100%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	23.8	27.7	31.1	33.9	29.4	28.7	62.5	82	45.8	43.7	50.2
EPS (basic)	5.73	0.49	6.4	5.03	3.53	1.07	23	13.4	-11.2	-5.76	-5.76
EPS (diluted)	5.68	0.49	6.34	5.02	3.52	1.06	22.8	13.4	-11.2	-5.76	0.27
Book value per share	35.1	34.4	34.7	38.6	42	50.1	69.9	82.4	86.8	83.1	68.1
FCF per share	4.8	-0.12	-1.42	-1.25	-0.48	-5.26	5.52	-7.02	-8.37	5.89	9.86
Cash per share	20.2	10.3	5.12	5.79	7.02	3.79	12.8	7.59	10.1	13.8	13.8
Capex per share	—	—	0	0.1	0	0	—	—	0.25	5.01	3.36

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	0%	0.29%	0%	0%	—	—	0.54%	11.5%	7.75%
Capex / operating cash flow	—	—	0%	1.33%	0%	0%	—	—	2.51%	46%	25.4%
Payout ratio	19.9%	141.3%	19.6%	25.2%	36.2%	89%	6.55%	11.2%	-27.4%	-76.8%	600%
Dividend yield	1.4%	0.99%	1.73%	1.97%	1.03%	0.66%	0.73%	1.1%	3.08%	2.15%	1.53%

Yield

1.53%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.41

ex-dividend Sep 11, 2026

Payout ratio

600%

of earnings

Dividend growth

20 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 11, 2026	$0.41
Jun 12, 2026	$0.405
Mar 13, 2026	$0.405

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	$1.3B	$1.4B	$1.4B	$1.7B
YoY change	—	—	—	—	—	—	—	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	2.3B	1.1B	555.3M	613.1M	746.7M	439.3M	1.5B	889.9M	1.2B	1.6B
Receivables	486M	534.3M	605.7M	612.7M	530.8M	556.9M	1.2B	1.2B	742.2M	593.5M
Inventory	450.3M	592.8M	700.5M	769M	750.2M	798.6M	2.1B	2.2B	1.5B	1.2B
Total current assets	3.3B	2.5B	2B	2.2B	2.2B	2B	5.2B	5.2B	3.8B	4B
Property, plant & equipment	2.1B	2.2B	3.5B	4.7B	5.1B	5.7B	6.6B	8.9B	8.5B	7.8B
Goodwill & intangibles	3.8B	4.1B	3.9B	3.9B	4B	3.8B	3.8B	3.8B	3.6B	3.4B
Total assets	8.2B	7.8B	7.6B	9.9B	10.5B	11B	15.5B	18.3B	16.6B	16.4B
Accounts payable	281.9M	418.5M	522.5M	574.1M	483.2M	600.5M	1.5B	1.5B	943.9M	913.5M
Short-term debt	247.5M	422M	307.3M	187.3M	804.7M	389.9M	2.1M	625.8M	398M	74.1M
Total current liabilities	1.1B	1.2B	1.2B	1.4B	1.8B	1.9B	2.7B	3.6B	2B	1.8B
Long-term debt	2.1B	1.4B	1.4B	3B	2.9B	2.1B	3.3B	3.7B	3.2B	3.2B
Total liabilities	4.2B	3.9B	3.8B	5.8B	6B	5.2B	7.3B	8.6B	6.4B	6.6B
Shareholders' equity	3.9B	3.8B	3.8B	4.1B	4.5B	5.8B	8.2B	9.7B	10.2B	9.8B
Total debt	2.4B	1.8B	1.7B	3.2B	3.7B	2.5B	3.3B	4.3B	3.6B	3.3B
Net debt	99.5M	700.1M	1.1B	2.6B	2.9B	2.1B	1.8B	3.4B	2.4B	1.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	1.9B	1.6B	1.1B	1.6B
Receivables	—	—	—	—	—	—	—	—	733.5M	593.5M	522.7M	603.8M
Inventory	3.4B	2.2B	1.9B	1.8B	1.7B	1.5B	1.7B	1.6B	1.5B	1.2B	1.3B	1.4B
Total current assets	—	—	—	—	—	—	—	—	4.6B	4B	3.3B	3.9B
Property, plant & equipment	—	—	—	—	—	—	—	—	-3.7B	7.8B	-3.3B	-3.4B
Goodwill & intangibles	—	—	—	—	—	—	—	—	3.4B	3.4B	3.4B	3.4B
Total assets	—	—	—	—	—	—	—	—	17.1B	16.4B	15.1B	15.9B
Accounts payable	—	—	—	—	—	—	—	—	903.2M	913.5M	933.8M	1.1B
Short-term debt	—	—	—	—	—	—	—	—	445.4M	74.1M	74.6M	74.7M
Total current liabilities	—	—	—	—	—	—	—	—	2B	1.8B	1.6B	1.9B
Long-term debt	—	—	—	—	—	—	—	—	3.3B	3.2B	1.8B	1.8B
Total liabilities	—	—	—	—	—	—	—	—	6.9B	6.6B	5B	5.4B
Shareholders' equity	—	—	—	—	—	—	—	—	10.3B	9.8B	10.1B	10.5B
Total debt	—	—	—	—	—	—	—	—	3.7B	3.3B	1.9B	1.9B
Net debt	—	—	—	—	—	—	—	—	1.8B	1.7B	792M	245.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	680.8M	99.5M	739.1M	604.4M	446.6M	199.9M	2.8B	1.7B	-1.1B	-465.2M
Depreciation & amortization	226.2M	196.9M	200.7M	213.5M	232M	254M	300.8M	429.9M	588.6M	658.7M
Stock-based compensation	17M	19.4M	15.2M	19.7M	22.8M	20.1M	30.5M	36.5M	32.1M	40.3M
Change in working capital	28.9M	-122.9M	-150M	-109.7M	128.5M	-15.3M	-1.2B	-1.8B	1.5B	731.1M
Operating cash flow	1B	594.6M	795.8M	779.2M	1B	609.7M	2.1B	975.9M	1.2B	1.3B
Capital expenditure	—	—	0	10.4M	0	0	—	—	29.1M	-589.8M
Investing cash flow	3.1B	-40.1M	396.3M	-811.8M	-13.1M	280.6M	-161.7M	-427.4M	28.8M	-178.8M
Dividends paid	-135.4M	-140.6M	-144.6M	-152.2M	-161.8M	-177.9M	-184.4M	-187.2M	-311.3M	-357.3M
Share repurchases	0	-250M	-500M	0	—	—	—	—	—	—
Financing cash flow	-1.6B	-1.1B	-790.2M	1B	136.8M	31.8M	609.1M	623.7M	1.2B	-837.4M
Net change in cash	2.6B	-540.6M	401.9M	1B	1.2B	922.1M	2.6B	1.2B	2.4B	266M
Free cash flow	538.9M	-13.7M	-153.8M	-132.4M	-51.6M	-609.4M	646.2M	-824M	-983.7M	692.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	320.7M	-603.3M	16.6M	-176.6M	-1.1B	85.1M	49.3M	35.2M	-147.9M	-401.8M	329M	499.2M
Depreciation & amortization	105.4M	144.1M	123.8M	138.3M	163.5M	163.1M	161.8M	168.7M	164.5M	163.7M	157.8M	155.8M
Stock-based compensation	9.4M	7.1M	9.3M	6.1M	9M	7.7M	7M	10.1M	11M	12.2M	7.9M	6.8M
Change in working capital	—	—	—	—	—	—	—	—	151.1M	13.4M	—	—
Operating cash flow	392.9M	467.8M	238.3M	-368.5M	-79.9M	-514M	564.3M	-9M	355.6M	388.5M	346.2M	710M
Capital expenditure	—	—	—	—	—	—	—	-119.6M	-132.2M	-155.4M	-98.7M	-71.7M
Investing cash flow	-35.1M	-382.9M	-74K	-74K	-69K	-53K	-60K	288.9M	-154.9M	-183.8M	541M	-80.4M
Dividends paid	-46.9M	-46.9M	-46.9M	-86.4M	-88.7M	-89.3M	-89.3M	-89.3M	-89.3M	-89.3M	-89.4M	-89.4M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	99.7M	396.9M	1.6B	-112.7M	-110M	-93.1M	-121.2M	-90.6M	-90.8M	-534.8M	-1.4B	-90.8M
Net change in cash	457.5M	481.8M	1.8B	-481.3M	-190M	-607.2M	443M	189.3M	109.9M	-330.1M	-535.1M	538.8M
Free cash flow	83M	-782.3M	-481.4M	-84.7M	-59.2M	-355.1M	362.8M	-128.7M	223.4M	233.1M	247.6M	638.3M

Albemarle Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history