Last 7 days
-5.3%
Last 30 days
-7.2%
Last 90 days
-22.8%
Trailing 12 Months
-39.1%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-07-03 | Cramer Ralf Hans | acquired | - | - | 750 | - |
2023-07-03 | BRLAS LAURIE | acquired | - | - | 750 | - |
2023-07-03 | OBRIEN JAMES J /KY | acquired | - | - | 750 | - |
2023-07-03 | OConnell Diarmuid B. | acquired | - | - | 750 | - |
2023-07-03 | Seavers Dean | acquired | - | - | 750 | - |
2023-07-03 | Wolff Alejandro Daniel | acquired | - | - | 750 | - |
2023-05-10 | Norris Eric | bought | 246,317 | 195 | 1,260 | president, energy storage |
2023-05-05 | Coleman Kristin M. | bought | 249,886 | 182 | 1,373 | evp, general counsel |
2023-05-05 | Masters J Kent | bought | 993,571 | 181 | 5,470 | chairman & ceo |
2023-04-19 | Masters J Kent | acquired | - | - | 54,475 | chairman & ceo |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-18 | WASHINGTON CAPITAL MANAGEMENT, INC | unchanged | - | 5,627 | 612,382 | 0.52% |
2023-09-12 | Farther Finance Advisors, LLC | added | 2.99 | 2,916 | 76,743 | 0.02% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 167,987 | 167,987 | 0.01% |
2023-09-05 | Covenant Partners, LLC | added | 0.89 | 7,257 | 404,908 | 0.15% |
2023-09-01 | Manhattan West Asset Management, LLC | added | 46.25 | 699,632 | 2,169,330 | 0.81% |
2023-08-30 | Western Wealth Management, LLC | reduced | -6.06 | -29,364 | 539,972 | 0.05% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 3,256 | 22,047 | -% |
2023-08-28 | DELPHI MANAGEMENT INC /MA/ | new | - | 1,183,000 | 1,183,000 | 1.23% |
2023-08-24 | Alberta Investment Management Corp | reduced | -1.35 | -20,996 | 4,811,160 | 0.05% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | 1,249 | 135,862 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 01, 2022 | blackrock inc. | 7.8% | 9,121,178 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 11.41% | 12,143,615 | SC 13G/A | |
Feb 05, 2021 | state street corp | 5.27% | 5,614,068 | SC 13G | |
Feb 01, 2021 | franklin resources inc | 5.4% | 5,740,155 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 02, 2023 | 8-K | Current Report | |
Aug 02, 2023 | 10-Q | Quarterly Report | |
Jul 27, 2023 | 8-K | Current Report | |
Jul 06, 2023 | 4 | Insider Trading | |
Jul 06, 2023 | 4 | Insider Trading | |
Jul 06, 2023 | 4 | Insider Trading | |
Jul 06, 2023 | 4 | Insider Trading | |
Jul 06, 2023 | 4 | Insider Trading | |
Jul 06, 2023 | 4 | Insider Trading | |
Jul 06, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
DD | 34.0B | 12.5B | -1.07% | 37.74% | 7.2 | 2.71 | -3.90% | 152.35% |
ALB | 20.5B | 9.7B | -7.25% | -39.15% | 5.22 | 2.12 | 123.06% | 1386.73% |
CE | 13.9B | - | 8.46% | 30.48% | 10.98 | 1.25 | 22.25% | -35.45% |
PPG | - | 17.9B | -5.63% | 12.72% | - | - | 1.96% | 21.57% |
MID-CAP | ||||||||
EMN | 10.0B | 9.8B | -5.95% | 1.41% | 12.61 | 0.94 | -10.03% | -41.97% |
OLN | 6.1B | 7.8B | -14.24% | 6.57% | 7.54 | 0.78 | -20.33% | -46.41% |
HUN | 4.4B | 6.9B | -8.02% | -1.27% | 22.73 | 0.64 | -19.93% | -84.77% |
AVNT | 3.3B | 3.3B | -0.38% | -0.41% | 5.78 | 1.01 | -3.65% | 128.94% |
AXTA | - | 5.1B | -3.30% | 12.06% | - | - | 9.03% | 9.70% |
SMALL-CAP | ||||||||
ASIX | 841.7M | 1.7B | -8.79% | -9.18% | 7.56 | 0.49 | -11.49% | -43.12% |
TSE | 310.8M | 4.1B | -24.91% | -62.60% | -0.35 | 0.08 | -23.57% | -425.83% |
RYAM | 186.2M | 1.8B | -5.94% | -32.46% | 10.31 | 0.1 | 21.33% | 123.48% |
12.2%
13.1%
11.9%
22.0%
99.6%
75.4%
37.7%
Y-axis is the maximum loss one would have experienced if Albemarle was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 10.2% | 9,663 | 8,773 | 7,320 | 5,593 | 4,332 | 3,626 | 3,328 | 3,313 | 3,229 | 3,219 | 3,129 | 3,242 | 3,375 | 3,496 | 3,589 | 3,519 | 3,417 | 3,385 | 3,375 | 3,311 | 3,288 |
Gross Profit | -0.6% | 3,880 | 3,902 | 3,075 | 2,310 | 1,515 | 1,183 | 998 | 1,027 | 1,032 | 1,017 | 995 | 1,068 | 1,124 | 1,216 | 1,258 | 1,240 | 1,210 | 1,196 | 1,217 | 1,201 | 1,196 |
S&GA Expenses | 47.4% | 834 | 566 | 524 | 499 | 468 | 461 | 441 | 443 | 436 | 421 | 430 | 490 | 502 | 522 | 533 | 469 | 461 | 458 | 446 | 443 | 450 |
R&D Expenses | 5.3% | 80.00 | 76.00 | 72.00 | 64.00 | 59.00 | 55.00 | 54.00 | 57.00 | 58.00 | 58.00 | 59.00 | 58.00 | 60.00 | 59.00 | 58.00 | 60.00 | 61.00 | 64.00 | 70.00 | 75.00 | 80.00 |
EBITDA | -100.0% | - | 3,613 | 2,734 | 1,846 | 444 | 568 | 388 | 438 | 1,073 | 655 | 639 | 664 | 702 | 776 | 810 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.41* | 0.37* | 0.33* | 0.10* | 0.16* | 0.12* | 0.13* | 0.33* | 0.20* | 0.20* | 0.20* | 0.21* | 0.22* | 0.23* | - | - | - | - | - | - |
Earnings Before Taxes | -7.1% | 3,058 | 3,291 | 2,433 | 1,562 | 176 | 310 | 134 | 190 | 828 | 381 | 374 | 403 | 446 | 525 | 563 | 614 | 605 | 810 | 795 | 807 | 782 |
EBT Margin | -100.0% | - | 0.38* | 0.33* | 0.28* | 0.04* | 0.09* | 0.04* | 0.06* | 0.26* | 0.12* | 0.12* | 0.12* | 0.13* | 0.15* | 0.16* | - | - | - | - | - | - |
Net Income | 6.6% | 3,918 | 3,675 | 2,690 | 1,554 | 264 | 281 | 124 | 212 | 703 | 364 | 376 | 382 | 438 | 507 | 533 | 572 | 547 | 695 | 694 | 346 | 335 |
Net Income Margin | -100.0% | - | 0.42* | 0.37* | 0.28* | 0.06* | 0.08* | 0.04* | 0.06* | 0.22* | 0.11* | 0.12* | 0.12* | 0.13* | 0.14* | 0.15* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 977 | 646 | -307 | -1,040 | -613 | -609 | -54.06 | 148 | -13.82 | -51.56 | -29.26 | -127 | -30.68 | -132 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 8.8% | 19,110 | 17,564 | 15,457 | 13,829 | 12,520 | 11,416 | 10,974 | 10,832 | 10,797 | 10,290 | 10,451 | 10,232 | 10,170 | 9,848 | 9,861 | 8,142 | 8,094 | 7,871 | 7,582 | 7,487 | 7,538 |
Current Assets | 12.0% | 7,455 | 6,658 | 5,187 | 4,297 | 3,350 | 2,336 | 1,994 | 2,078 | 2,151 | 2,009 | 2,206 | 2,227 | 2,292 | 2,155 | 2,225 | 1,970 | 2,037 | 1,987 | 1,998 | 2,060 | 2,283 |
Cash Equivalents | 0.8% | 1,600 | 1,587 | 1,499 | 1,383 | 931 | 463 | 439 | 595 | 824 | 570 | 747 | 702 | 737 | 553 | 613 | 318 | 398 | 465 | 555 | 641 | 908 |
Inventory | 15.0% | 3,659 | 3,181 | 2,076 | 1,614 | 1,216 | 1,014 | 799 | 746 | 733 | 686 | 750 | 828 | 851 | 854 | 769 | 802 | 814 | 756 | 701 | 727 | 666 |
Net PPE | 6.8% | 7,855 | 7,353 | 6,963 | 6,425 | 6,208 | 6,029 | 5,910 | 5,655 | 5,511 | 5,390 | 5,355 | 5,243 | 5,136 | 5,026 | 4,909 | 3,524 | 3,391 | 3,170 | 3,021 | 2,825 | 2,670 |
Goodwill | 0.0% | 1,635 | 1,634 | 1,618 | 1,468 | 1,543 | 1,576 | 1,598 | 1,623 | 1,641 | 1,629 | 1,666 | 1,603 | 1,571 | 1,559 | 1,579 | 1,534 | 1,566 | 1,561 | 1,567 | 1,591 | 1,586 |
Current Liabilities | 22.4% | 4,292 | 3,505 | 2,741 | 2,488 | 1,782 | 2,103 | 1,874 | 1,591 | 985 | 953 | 1,802 | 1,613 | 1,421 | 1,193 | 1,409 | 1,421 | 1,400 | 1,278 | 1,183 | 1,127 | 1,042 |
LT Debt, Current | 188.3% | 6.00 | 2.00 | 2.00 | 251 | 251 | 504 | 390 | 1.00 | 1.00 | 1.00 | 805 | 604 | 406 | 36.00 | 187 | 540 | 491 | 426 | 307 | 286 | 209 |
LT Debt, Non Current | 8.5% | 3,509 | 3,233 | 3,215 | 3,119 | 3,206 | 1,986 | 2,004 | 2,021 | 2,044 | 2,030 | 2,767 | 2,941 | 3,132 | 3,105 | 2,863 | 1,382 | 1,398 | 1,394 | 1,398 | 1,412 | 1,407 |
Shareholder's Equity | 3.8% | 9,815 | 9,459 | 7,983 | 6,733 | 6,301 | 6,035 | 5,806 | 5,895 | 6,366 | 5,943 | 4,469 | 4,325 | 4,206 | 4,042 | 4,094 | 4,008 | 3,974 | 3,864 | 3,759 | 3,686 | 3,837 |
Retained Earnings | 8.9% | 7,396 | 6,793 | 5,601 | 4,515 | 3,664 | 3,304 | 3,097 | 3,146 | 3,584 | 3,205 | 3,155 | 3,112 | 3,054 | 3,010 | 2,943 | 2,892 | 2,776 | 2,661 | 2,566 | 2,479 | 2,385 |
Additional Paid-In Capital | 0.1% | 2,936 | 2,932 | 2,941 | 2,934 | 2,927 | 2,915 | 2,920 | 2,913 | 2,908 | 2,890 | 1,438 | 1,411 | 1,400 | 1,394 | 1,383 | 1,379 | 1,373 | 1,368 | 1,369 | 1,363 | 1,610 |
Accumulated Depreciation | 2.7% | 2,542 | 2,477 | 2,391 | 2,289 | 2,257 | 2,210 | 2,165 | 2,128 | 2,086 | 2,043 | 2,073 | 2,042 | 2,003 | 1,948 | 1,908 | 1,882 | 1,858 | 1,813 | 1,778 | 1,746 | 1,706 |
Shares Outstanding | 0.0% | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 113 | 107 | 106 | 106 | 106 | 106 | 106 | 106 | 106 | 106 | 107 | 110 |
Minority Interest | 10.7% | 273 | 246 | 208 | 232 | 216 | 208 | 180 | 201 | 200 | 196 | 200 | 201 | 182 | 164 | 161 | 172 | 174 | 192 | 174 | 157 | 144 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 9.1% | 2,642 | 2,423 | 1,908 | 809 | 19.00 | 392 | 344 | 828 | 977 | 802 | 799 | 835 | 728 | 820 | 719 | 515 | 522 | 480 | 546 | 606 | 582 |
Share Based Compensation | -4.1% | 35.00 | 37.00 | 30.00 | 30.00 | 27.00 | 22.00 | 20.00 | 22.00 | 21.00 | 23.00 | 23.00 | 20.00 | 19.00 | 17.00 | 20.00 | 19.00 | 17.00 | 18.00 | 15.00 | 16.00 | 18.00 |
Cashflow From Investing | -13.9% | -1,975 | -1,733 | -1,422 | -1,121 | -1,064 | -719 | -666 | -578 | -525 | -803 | -863 | -1,707 | -1,697 | -1,691 | -1,663 | -827 | -836 | -378 | -303 | -209 | -103 |
Cashflow From Financing | -154.5% | -237 | 436 | 612 | 1,220 | 1,221 | 251 | 50.00 | -360 | -392 | -17.00 | 177 | 1,267 | 1,356 | 1,018 | 1,043 | 42.00 | -167 | -272 | -786 | -781 | -561 |
Dividend Payments | 0.4% | 186 | 185 | 184 | 184 | 183 | 182 | 178 | 173 | 169 | 164 | 162 | 160 | 158 | 156 | 152 | 149 | 146 | 145 | 145 | 144 | 143 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 500 | - | 500 | 500 | 250 |
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Net sales | $ 2,370,190 | $ 1,479,593 | $ 4,950,442 | $ 2,607,321 |
Cost of goods sold | 1,811,703 | 899,169 | 3,115,415 | 1,577,867 |
Gross profit | 558,487 | 580,424 | 1,835,027 | 1,029,454 |
Selling, general and administrative expenses | 397,070 | 128,942 | 551,376 | 241,510 |
Research and development expenses | 21,419 | 17,386 | 41,890 | 33,469 |
(Gain) loss on sale of business/interest in properties | 0 | 0 | 0 | 8,400 |
Operating profit | 139,998 | 434,096 | 1,241,761 | 746,075 |
Interest and financing expenses | (25,577) | (41,409) | (52,354) | (69,243) |
Other income, net | 53,954 | 8,767 | 136,446 | 24,263 |
Income before income taxes and equity in net income of unconsolidated investments | 168,375 | 401,454 | 1,325,853 | 701,095 |
Income tax expense | 42,987 | 89,018 | 319,950 | 169,548 |
Income before equity in net income of unconsolidated investments | 125,388 | 312,436 | 1,005,903 | 531,547 |
Equity in net income of unconsolidated investments (net of tax) | 551,051 | 128,156 | 947,239 | 190,592 |
Net income | 676,439 | 440,592 | 1,953,142 | 722,139 |
Net income attributable to noncontrolling interests | (26,396) | (33,819) | (64,519) | (61,983) |
Net income attributable to Albemarle Corporation | $ 650,043 | $ 406,773 | $ 1,888,623 | $ 660,156 |
Basic earnings per share (in dollars per share) | $ 5.54 | $ 3.47 | $ 16.10 | $ 5.64 |
Diluted earnings per share (in dollars per share) | $ 5.52 | $ 3.46 | $ 16.03 | $ 5.61 |
Weighted-average common shares outstanding - basic (in shares) | 117,332 | 117,116 | 117,282 | 117,091 |
Weighted-average common shares outstanding - diluted (in shares) | 117,769 | 117,724 | 117,805 | 117,689 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 1,599,738 | $ 1,499,142 |
Trade accounts receivable, less allowance for doubtful accounts (2023 – $3,008; 2022 – $2,534) | 1,344,278 | 1,190,970 |
Other accounts receivable | 426,780 | 185,819 |
Inventories | 3,658,623 | 2,076,031 |
Other current assets | 425,358 | 234,955 |
Total current assets | 7,454,777 | 5,186,917 |
Property, plant and equipment, at cost | 10,396,965 | 9,354,330 |
Less accumulated depreciation and amortization | 2,542,424 | 2,391,333 |
Net property, plant and equipment | 7,854,541 | 6,962,997 |
Investments | 1,621,424 | 1,150,553 |
Other assets | 269,694 | 250,558 |
Goodwill | 1,634,823 | 1,617,627 |
Other intangibles, net of amortization | 274,409 | 287,870 |
Total assets | 19,109,668 | 15,456,522 |
Current liabilities: | ||
Accrued expenses | 672,807 | 505,894 |
Current portion of long-term debt | 6,247 | 2,128 |
Dividends payable | 46,654 | 46,116 |
Income taxes payable | 513,339 | 134,876 |
Total current liabilities | 4,291,513 | 2,741,015 |
Long-term debt | 3,509,289 | 3,214,972 |
Postretirement benefits | 32,792 | 32,751 |
Pension benefits | 159,131 | 159,571 |
Other noncurrent liabilities | 700,825 | 636,596 |
Deferred income taxes | 328,078 | 480,770 |
Commitments and contingencies (Note 9) | ||
Albemarle Corporation shareholders’ equity: | ||
Common stock, $.01 par value, issued and outstanding – 117,340 in 2023 and 117,168 in 2022 | 1,174 | 1,172 |
Additional paid-in capital | 2,936,036 | 2,940,840 |
Accumulated other comprehensive loss | (517,946) | (560,662) |
Retained earnings | 7,396,045 | 5,601,277 |
Total Albemarle Corporation shareholders’ equity | 9,815,309 | 7,982,627 |
Noncontrolling interests | 272,731 | 208,220 |
Total equity | 10,088,040 | 8,190,847 |
Total liabilities and equity | 19,109,668 | 15,456,522 |
Nonrelated Party | ||
Current liabilities: | ||
Accounts payable | 1,960,068 | 1,533,624 |
Related Party | ||
Current liabilities: | ||
Accounts payable | $ 1,092,398 | $ 518,377 |