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ALB

ALB - Albemarle Corp Stock Price, Fair Value and News

130.51USD-1.04 (-0.79%)Market Closed

Market Summary

ALB
USD130.51-1.04
Market Closed
-0.79%

ALB Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

ALB Stock Price

View Fullscreen

ALB RSI Chart

ALB Valuation

Market Cap

15.3B

Price/Earnings (Trailing)

45.47

Price/Sales (Trailing)

1.83

EV/EBITDA

-27.46

Price/Free Cashflow

-9.52

ALB Price/Sales (Trailing)

ALB Profitability

Operating Margin

-0.62%

EBT Margin

-12.84%

Return on Equity

2.86%

Return on Assets

1.77%

Free Cashflow Yield

-10.5%

ALB Fundamentals

ALB Revenue

Revenue (TTM)

8.4B

Rev. Growth (Yr)

-47.26%

Rev. Growth (Qtr)

-42.25%

ALB Earnings

Earnings (TTM)

337.3M

Earnings Growth (Yr)

-99.8%

Earnings Growth (Qtr)

100.4%

Breaking Down ALB Revenue

Last 7 days

9.7%

Last 30 days

-0.9%

Last 90 days

14.2%

Trailing 12 Months

-33.1%

How does ALB drawdown profile look like?

ALB Financial Health

Current Ratio

2.84

Debt/Equity

0.3

Debt/Cashflow

0.2

ALB Investor Care

Dividend Yield

1.23%

Dividend/Share (TTM)

1.6

Shares Dilution (1Y)

0.16%

Diluted EPS (TTM)

2.77

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.4B000
20238.8B9.7B9.9B9.6B
20223.6B4.3B5.6B7.3B
20213.2B3.2B3.3B3.3B
20203.5B3.4B3.2B3.1B
20193.4B3.4B3.5B3.6B
20183.2B3.3B3.3B3.4B
20172.7B2.8B2.9B3.1B
20162.8B2.7B2.7B2.7B
20152.5B2.7B2.7B2.8B
20142.4B2.4B2.5B2.4B
20132.4B2.4B2.4B2.4B
20122.8B2.7B2.6B2.5B
20112.5B2.6B2.8B2.9B
20102.1B2.2B2.3B2.4B
200902.3B2.2B2.0B
20080002.5B
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Tracking the Latest Insider Buys and Sells of Albemarle Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 28, 2024
norris eric
sold (taxes)
-98,120
132
-743
president, energy storage
Feb 28, 2024
norris eric
acquired
-
-
1,680
president, energy storage
Feb 28, 2024
fourie jacobus g.
acquired
-
-
917
chief capital projects officer
Feb 28, 2024
johnson netha n.
sold (taxes)
-98,120
132
-743
president, specialties
Feb 28, 2024
fourie jacobus g.
sold (taxes)
-53,616
132
-406
chief capital projects officer
Feb 28, 2024
barichivich john clarence iii
acquired
-
-
535
vp, controller & cao
Feb 28, 2024
johnson netha n.
acquired
-
-
1,680
president, specialties
Feb 28, 2024
barichivich john clarence iii
sold (taxes)
-20,733
132
-157
vp, controller & cao
Feb 26, 2024
norris eric
sold (taxes)
-154,087
121
-1,268
president, energy storage
Feb 26, 2024
lima cynthia renee
acquired
-
-
753
svp, ext. affairs & comm.

1–10 of 50

Which funds bought or sold ALB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
Arizona State Retirement System
added
0.08
-407,465
4,252,300
0.03%
May 07, 2024
OPPENHEIMER & CO INC
added
6.23
-118,580
3,656,970
0.06%
May 07, 2024
KCM INVESTMENT ADVISORS LLC
added
32.29
249,179
1,457,180
0.05%
May 07, 2024
Pointe Capital Management LLC
unchanged
-
-29,225
302,212
0.18%
May 07, 2024
Atomi Financial Group, Inc.
new
-
275,485
275,485
0.03%
May 07, 2024
SEI INVESTMENTS CO
added
4.72
-2,702,620
57,205,600
0.08%
May 07, 2024
Concurrent Investment Advisors, LLC
added
55.64
121,765
412,294
0.02%
May 07, 2024
WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC
unchanged
-
-52,018
537,894
0.01%
May 07, 2024
PANAGORA ASSET MANAGEMENT INC
unchanged
-
-86,097
890,299
-%
May 07, 2024
Swiss National Bank
reduced
-4.22
-6,716,350
46,294,200
0.03%

1–10 of 46

Are Funds Buying or Selling ALB?

Are funds buying ALB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ALB
No. of Funds

Unveiling Albemarle Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.00%
14,083,522
SC 13G/A
Feb 09, 2024
capital international investors
5.1%
5,942,956
SC 13G/A
Feb 09, 2024
capital research global investors
6.0%
7,076,357
SC 13G
Jan 25, 2024
blackrock inc.
8.7%
10,187,246
SC 13G/A
Feb 13, 2023
capital international investors
6.7%
7,868,987
SC 13G
Feb 09, 2023
vanguard group inc
12.10%
14,174,413
SC 13G/A
Feb 03, 2023
blackrock inc.
8.0%
9,321,844
SC 13G/A
Feb 09, 2022
vanguard group inc
11.61%
13,585,134
SC 13G/A
Feb 09, 2022
state street corp
4.57%
5,348,397
SC 13G/A
Feb 03, 2022
franklin resources inc
4.2%
4,910,125
SC 13G/A

Recent SEC filings of Albemarle Corp

View All Filings
Date Filed Form Type Document
May 01, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Mar 28, 2024
10-K/A
Annual Report
Mar 26, 2024
DEF 14A
DEF 14A
Mar 26, 2024
DEFA14A
DEFA14A
Mar 12, 2024
PRE 14A
PRE 14A
Mar 08, 2024
8-A12B
8-A12B
Mar 08, 2024
8-K
Current Report
Mar 08, 2024
CERT
CERT
Mar 07, 2024
424B2
Prospectus Filed

Peers (Alternatives to Albemarle Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.8B
12.2B
3.67% -12.00%
22.19
4.51
-7.47% 13.44%
41.3B
43.5B
-1.50% 9.24%
32.55
0.95
-18.61% -57.39%
17.8B
10.9B
-0.86% 56.21%
9.07
1.63
13.10% 3.48%
16.5B
6.9B
-5.45% 19.15%
63.41
2.4
-6.48% -57.90%
15.3B
8.4B
-0.90% -33.13%
45.47
1.83
-4.27% -90.82%
11.9B
9.1B
0.21% 25.72%
12.81
1.3
-11.38% 33.67%
MID-CAP
5.6B
3.9B
7.28% 48.47%
12.61
1.43
-9.12% 26.64%
5.0B
929.6M
0.20% 21.97%
43.23
5.34
-1.74% 15.81%
4.1B
3.1B
5.69% 18.08%
39.2
1.32
-6.69% -83.56%
2.9B
3.0B
4.03% 24.60%
9.03
0.98
-20.68% -74.38%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
646.9M
1.5B
-13.83% -28.91%
284.59
0.44
-21.27% -97.94%
179.5M
336.4M
10.78% -1.75%
9.85
0.53
-12.92% 28.47%
99.8M
16.7M
-8.03% -13.70%
-8.43
5.96
-57.58% -718.66%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Albemarle Corp News

Latest updates
MarketBeat • 10 hours ago
Yahoo Canada Shine On • 06 May 2024 • 07:15 am
MarketWatch • 24 Apr 2024 • 09:17 pm
Morningstar • 22 Apr 2024 • 07:00 am

Albemarle Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-42.2%1,3612,3562,3112,3702,5802,6212,0921,4801,128894831774829879747764739993880885832
Cost Of Revenue-56.8%1,3223,0602,2561,8121,3041,6201,048899679658581525566614493531497654570559549
Gross Profit105.5%39.00-70455.005581,2771,0011,044580449237249248264265254233242339310326283
  S&GA Expenses0.3%19519417439715414813412911312310312293.0012596.00107102185108127113
  R&D Expenses3.4%24.0023.0021.0021.0020.0020.0018.0017.0016.0012.0013.0014.0015.0015.0014.0014.0016.0014.0016.0013.0015.00
EBITDA Margin-203.6%-0.07*0.07*0.25*0.36*0.42*0.38*0.34*0.11*0.17*0.13*0.14*0.34*---------
Income Taxes-103.1%-3.72119-8.5543.0027724.0019789.0081.0015.00-11410722.00-10.1031.0015.0018.00-5.1125.0030.0038.00
Earnings Before Taxes81.8%-167-920-1581681,157863869401300-8.06-51653512348.0012288.0011578.00164167154
EBT Margin-600.5%-0.13*0.03*0.21*0.32*0.38*0.33*0.28*0.04*0.09*0.04*0.06*0.26*---------
Net Income100.4%2.00-6173036501,2391,132897407253-3.82-39242596.0085.0098.0086.0010790.00155154134
Net Income Margin-75.4%0.04*0.16*0.34*0.41*0.42*0.37*0.28*0.06*0.08*0.04*0.06*0.22*---------
Free Cashflow38.5%-481-78283.00-429305507582-416-25.52-447-15111.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.2%19,03218,27118,88319,11017,56415,45713,82912,52011,41610,97410,83210,79710,29010,45110,23210,1709,8489,8618,1428,0947,871
  Current Assets11.6%5,8235,2177,1267,4556,6585,1874,2973,3502,3361,9942,0782,1512,0092,2062,2272,2922,1552,2251,9702,0371,987
    Cash Equivalents131.0%2,0568901,6021,6001,5871,4991,383931463439595824570747702737553613318398465
  Inventory-11.9%1,9052,1613,4043,6593,1812,0761,6141,2161,014799746733686750828851854769802814756
  Net PPE2.7%9,7569,4958,3097,8557,3536,9636,4256,2086,0295,9105,6555,5115,3905,3555,2435,1365,0264,9093,5243,3913,170
  Goodwill-1.0%1,6141,6301,6061,6351,6341,6181,4681,5431,5761,5981,6231,6411,6291,6661,6031,5711,5591,5791,5341,5661,561
  Current Liabilities-42.4%2,0513,5603,9424,2923,5052,7412,4881,7822,1031,8741,5919859531,8021,6131,4211,1931,4091,4211,4001,278
  Long Term Debt-0.6%3,5193,5413,4963,5093,2333,2153,1193,2061,9862,0042,0212,0442,0302,7672,9413,1323,1052,8631,3821,3981,394
    LT Debt, Current-99.2%5.006261626.002.002.002512515043901.001.001.0080560440636.00187540491426
    LT Debt, Non Current-100.0%-3,5413,4963,5093,2333,2153,1193,2061,9862,0042,0212,0442,0302,7672,9413,1323,1052,8631,3821,3981,394
Shareholder's Equity25.4%11,8009,4129,89810,0889,4597,9836,9656,3016,0355,8065,8956,3665,9434,4694,3254,2064,0424,0944,0083,9743,864
  Retained Earnings-0.8%6,9316,9877,6527,3966,7935,6014,5153,6643,3043,0973,1463,5843,2053,1553,1123,0543,0102,9432,8922,7762,661
  Additional Paid-In Capital0.3%2,9632,9532,9462,9362,9322,9412,9342,9272,9152,9202,9132,9082,8901,4381,4111,4001,3941,3831,3791,3731,368
Accumulated Depreciation3.4%2,8322,7392,6212,5422,4772,3912,2892,2572,2102,1652,1282,0862,0432,0732,0422,0031,9481,9081,8821,8581,813
Shares Outstanding0.1%118117117117117117117117117116117117---------
Minority Interest5.5%267253265273246208232216208180201200196200201182164161172174192
Float----26,200---24,500---19,700---8,200---7,500-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations199.7%98.00-98.2262974.00721952895-145206-14610522815833725453.0015537414614455.00
  Share Based Compensation31.6%9.007.009.009.0011.006.009.0011.004.005.006.006.003.007.006.007.003.005.005.005.006.00
Cashflow From Investing53.6%-494-1,065-662-513-539-609-313-271-228-307-25673.00-174-220-202-205-234-1,064-192-199-207
Cashflow From Financing292.3%1,557397100246-118-299-65.2891958.00309-63.90-51.28-143-101-95.8532451.00987-6.72-13.2975.00
  Dividend Payments-100.0%-47.0047.0047.0046.0046.0046.0046.0046.0046.0046.0046.0041.0041.0041.0041.0039.0039.0039.0039.0035.00
  Buy Backs----------------------
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ALB Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 1,360,736$ 2,580,252
Cost of goods sold[1]1,321,7981,303,712
Gross profit38,9381,276,540
Selling, general and administrative expenses194,912154,306
Research and development expenses23,53220,471
Operating (loss) profit(179,506)1,101,763
Interest and financing expenses(37,969)(26,777)
Other income, net49,90182,492
(Loss) income before income taxes and equity in net income of unconsolidated investments(167,574)1,157,478
Income tax (benefit) expense(3,721)276,963
(Loss) income before equity in net income of unconsolidated investments(163,853)880,515
Equity in net income of unconsolidated investments (net of tax)180,500396,188
Net income16,6471,276,703
Net income attributable to noncontrolling interests(14,199)(38,123)
Net income attributable to Albemarle Corporation2,4481,238,580
Mandatory convertible preferred stock dividends(11,584)0
Net (loss) income attributable to Albemarle Corporation common shareholders$ (9,136)$ 1,238,580
Basic (loss) earnings per share attributable to common shareholders (in dollars per share)$ (0.08)$ 10.57
Diluted (loss) earnings per share attributable to common shareholders (in dollars per share)$ (0.08)$ 10.51
Weighted-average common shares outstanding - basic (in shares)117,451117,232
Weighted-average common shares outstanding - diluted (in shares)117,451117,841
[1]Included purchases from related unconsolidated affiliates of $540.7 million and $353.2 million for the three-month periods ended March 31, 2024 and 2023, respectively.

ALB Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 2,055,813$ 889,900
Trade accounts receivable, less allowance for doubtful accounts (2024 – $2,761; 2023 – $2,808)874,0381,213,160
Other accounts receivable438,507509,097
Inventories1,904,8272,161,287
Other current assets549,540443,475
Total current assets5,822,7255,216,919
Property, plant and equipment, at cost12,587,76312,233,757
Less accumulated depreciation and amortization2,831,7282,738,553
Net property, plant and equipment9,756,0359,495,204
Investments1,259,0011,369,855
Other assets329,283297,087
Goodwill1,613,5341,629,729
Other intangibles, net of amortization251,755261,858
Total assets19,032,33318,270,652
Current liabilities:  
Accrued expenses454,600544,835
Current portion of long-term debt5,076625,761
Dividends payable58,35446,666
Income taxes payable237,098255,155
Total current liabilities2,050,6963,560,462
Long-term debt3,519,4533,541,002
Postretirement benefits26,38226,247
Pension benefits145,067150,312
Other noncurrent liabilities833,548769,100
Deferred income taxes657,468558,430
Commitments and contingencies (Note 6)
Albemarle Corporation shareholders’ equity:  
Common stock, $.01 par value, authorized – $150,000 issued and outstanding – 117,527 in 2024 and 117,356 in 20231,1751,174
Mandatory convertible preferred stock, Series A, no par value, $1,000 stated value, authorized – 15,000, issued and outstanding – 2,300 in 2024 and 0 in 20232,235,3790
Additional paid-in capital2,962,5852,952,517
Accumulated other comprehensive loss(597,205)(528,526)
Retained earnings6,930,8686,987,015
Total Albemarle Corporation shareholders’ equity11,532,8029,412,180
Noncontrolling interests266,917252,919
Total equity11,799,7199,665,099
Total liabilities and equity19,032,33318,270,652
Nonrelated Party  
Current liabilities:  
Accounts payable1,165,9551,537,859
Related Party  
Current liabilities:  
Accounts payable$ 129,613$ 550,186
ALB
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based products used in fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, disinfectants, and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
 CEO
 WEBSITEalbemarle.com
 INDUSTRYChemicals
 EMPLOYEES7400

Albemarle Corp Frequently Asked Questions


What is the ticker symbol for Albemarle Corp? What does ALB stand for in stocks?

ALB is the stock ticker symbol of Albemarle Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Albemarle Corp (ALB)?

As of Wed May 08 2024, market cap of Albemarle Corp is 15.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ALB stock?

You can check ALB's fair value in chart for subscribers.

What is the fair value of ALB stock?

You can check ALB's fair value in chart for subscribers. The fair value of Albemarle Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Albemarle Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ALB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Albemarle Corp a good stock to buy?

The fair value guage provides a quick view whether ALB is over valued or under valued. Whether Albemarle Corp is cheap or expensive depends on the assumptions which impact Albemarle Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ALB.

What is Albemarle Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, ALB's PE ratio (Price to Earnings) is 45.47 and Price to Sales (PS) ratio is 1.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ALB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Albemarle Corp's stock?

In the past 10 years, Albemarle Corp has provided 0.081 (multiply by 100 for percentage) rate of return.