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ALB

ALB - Albemarle Corp Stock Price, Fair Value and News

122.60USD-7.71 (-5.92%)Market Closed

Market Summary

ALB
USD122.60-7.71
Market Closed
-5.92%

ALB Stock Price

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ALB RSI Chart

ALB Valuation

Market Cap

14.4B

Price/Earnings (Trailing)

9.15

Price/Sales (Trailing)

1.5

EV/EBITDA

25.19

Price/Free Cashflow

-17.47

ALB Price/Sales (Trailing)

ALB Profitability

Operating Margin

12.33%

EBT Margin

2.57%

Return on Equity

16.72%

Return on Assets

8.61%

Free Cashflow Yield

-5.72%

ALB Fundamentals

ALB Revenue

Revenue (TTM)

9.6B

Rev. Growth (Yr)

-10.1%

Rev. Growth (Qtr)

1.97%

ALB Earnings

Earnings (TTM)

1.6B

Earnings Growth (Yr)

-154.54%

Earnings Growth (Qtr)

-304.17%

Breaking Down ALB Revenue

Last 7 days

-0.7%

Last 30 days

-2.5%

Last 90 days

-2.7%

Trailing 12 Months

-39.6%

How does ALB drawdown profile look like?

ALB Financial Health

Current Ratio

1.47

Debt/Equity

0.38

Debt/Cashflow

0.37

ALB Investor Care

Dividend Yield

1.31%

Dividend/Share (TTM)

1.6

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

13.36

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 11, 2024
Signature Resources Capital Management, LLC
unchanged
-
-
259,342
0.24%
Apr 11, 2024
Bangor Savings Bank
added
7.59
-36,245
1,874,790
0.19%
Apr 11, 2024
Bridge Creek Capital Management LLC
added
26.35
351,079
2,659,440
0.85%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-9,110
94,481
-%
Apr 11, 2024
Radnor Capital Management, LLC
sold off
-100
-235,000
-
-%
Apr 11, 2024
City State Bank
added
8.04
-1,000
44,000
0.02%
Apr 11, 2024
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC
reduced
-16.00
-86,561
261,202
0.03%
Apr 11, 2024
CITY HOLDING CO
reduced
-10.49
-120,768
536,284
0.08%
Apr 11, 2024
CENTRAL BANK & TRUST CO
reduced
-41.89
-301,271
339,487
0.05%
Apr 11, 2024
MEYER HANDELMAN CO
reduced
-13.27
-170,786
645,526
0.02%

1–10 of 49

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
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
Mar 06, 2024
FWP
Prospectus Filed
Mar 04, 2024
424B5
Prospectus Filed

Peers (Alternatives to Albemarle Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.5B
12.4B
-6.36% -19.63%
22.04
4.15
-3.54% 3.06%
40.7B
44.6B
-0.47% 1.37%
61.7
0.91
-21.58% -85.78%
17.0B
10.9B
-1.17% 40.56%
8.67
1.55
13.10% 3.48%
16.9B
7.0B
-1.73% 16.10%
52.7
2.43
-7.26% -53.23%
14.4B
9.6B
-2.54% -39.61%
9.15
1.5
31.38% -41.50%
11.5B
9.2B
5.32% 17.50%
12.86
1.25
-12.95% 12.74%
MID-CAP
5.2B
3.9B
7.13% 22.04%
11.63
1.32
-9.12% 26.64%
4.8B
922.4M
-4.80% 15.56%
43.94
5.17
-2.11% 3.01%
3.8B
3.1B
-0.86% 1.62%
49.49
1.2
-7.48% -89.19%
2.9B
3.1B
-6.37% 18.91%
6.24
0.92
-15.54% -65.21%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
733.4M
1.5B
0.99% -32.17%
13.43
0.48
-21.18% -60.55%
165.9M
357.7M
-4.38% -3.93%
8.16
0.46
-5.20% 66.55%
108.8M
21.4M
-13.13% 6.92%
12.95
5.09
-45.68% 139.98%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

Albemarle Corp News

Latest updates
Defense World24 hours ago
Yahoo Movies Canada11 Apr 202404:22 pm
Schaeffers Research10 Apr 202402:25 pm
Morningstar07 Mar 202408:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.0%2,3562,3112,3702,5802,6212,0921,4801,128894831774829879747764739993880885832922
Cost Of Revenue35.7%3,0602,2561,8121,3041,6201,048899679658581525566614493531497654570559549601
Gross Profit-1381.6%-70455.005581,2771,0011,044580449237249248264265254233242339310326283320
  S&GA Expenses11.7%19417439715414813412911312310312293.0012596.00107102185108127113121
  R&D Expenses7.9%23.0021.0021.0020.0020.0018.0017.0016.0012.0013.0014.0015.0015.0014.0014.0016.0014.0016.0013.0015.0016.00
EBITDA Margin-71.1%0.07*0.24*0.36*0.42*0.38*0.34*0.11*0.17*0.13*0.14*0.34*0.20*---------
Income Taxes1490.2%119-8.5543.0027724.0019789.0081.0015.00-11410722.00-10.1031.0015.0018.00-5.1125.0030.0038.0011.00
Earnings Before Taxes-482.3%-920-1581681,157863869401300-8.06-51653512348.0012288.0011578.00164167154130
EBT Margin-87.5%0.03*0.21*0.32*0.38*0.33*0.28*0.04*0.09*0.04*0.06*0.26*0.12*---------
Net Income-304.2%-6173036501,2391,132897407253-3.82-39242596.0085.0098.0086.0010790.00155154134130
Net Income Margin-51.4%0.16*0.34*0.41*0.42*0.37*0.28*0.06*0.08*0.04*0.06*0.22*0.11*---------
Free Cashflow-1043.0%-78283.00-429305507582-416-25.52-447-15111.00-21.73---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.2%18,27118,88319,11017,56415,45713,82912,52011,41610,97410,83210,79710,29010,45110,23210,1709,8489,8618,1428,0947,8717,582
  Current Assets-26.8%5,2177,1267,4556,6585,1874,2973,3502,3361,9942,0782,1512,0092,2062,2272,2922,1552,2251,9702,0371,9871,998
    Cash Equivalents-44.4%8901,6021,6001,5871,4991,383931463439595824570747702737553613318398465555
  Inventory-36.5%2,1613,4043,6593,1812,0761,6141,2161,014799746733686750828851854769802814756701
  Net PPE-100.0%-8,3097,8557,3536,9636,4256,2086,0295,9105,6555,5115,3905,3555,2435,1365,0264,9093,5243,3913,1703,021
  Goodwill1.5%1,6301,6061,6351,6341,6181,4681,5431,5761,5981,6231,6411,6291,6661,6031,5711,5591,5791,5341,5661,5611,567
  Current Liabilities-9.7%3,5603,9424,2923,5052,7412,4881,7822,1031,8741,5919859531,8021,6131,4211,1931,4091,4211,4001,2781,183
  Long Term Debt1.3%3,5413,4963,5093,2333,2153,1193,2061,9862,0042,0212,0442,0302,7672,9413,1323,1052,8631,3821,3981,3941,398
    LT Debt, Current285.4%6261626.002.002.002512515043901.001.001.0080560440636.00187540491426307
    LT Debt, Non Current1.3%3,5413,4963,5093,2333,2153,1193,2061,9862,0042,0212,0442,0302,7672,9413,1323,1052,8631,3821,3981,3941,398
Shareholder's Equity-4.9%9,4129,89810,0889,4597,9836,9656,3016,0355,8065,8956,3665,9434,4694,3254,2064,0424,0944,0083,9743,8643,759
  Retained Earnings-8.7%6,9877,6527,3966,7935,6014,5153,6643,3043,0973,1463,5843,2053,1553,1123,0543,0102,9432,8922,7762,6612,566
  Additional Paid-In Capital0.2%2,9532,9462,9362,9322,9412,9342,9272,9152,9202,9132,9082,8901,4381,4111,4001,3941,3831,3791,3731,3681,369
Accumulated Depreciation-100.0%-2,6212,5422,4772,3912,2892,2572,2102,1652,1282,0862,0432,0732,0422,0031,9481,9081,8821,8581,8131,778
Shares Outstanding0.0%117117117117117117117117116117117113---------
Minority Interest-4.4%253265273246208232216208180201200196200201182164161172174192174
Float---26,200---24,500---19,700---8,200---7,500--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-115.6%-98,219628,85373,707720,980952,247895,291-145,865206,176-146,329104,733227,904157,949337,200253,79752,863155,054373,736146,350144,37254,916169,224
  Share Based Compensation-25.1%7,0809,4489,47710,5405,8259,41710,9874,2455,4526,2435,8652,5606,9736,0997,2642,5014,5115,0334,5805,5563,415
Cashflow From Investing-60.7%-1,065,529-662,925-513,698-539,008-609,340-313,337-271,879-228,093-307,763-256,64672,543-174,724-220,052-202,968-205,685-234,868-1,064,133-192,581-199,716-207,195-227,989
Cashflow From Financing298.2%397,00499,698245,885-118,676-299,364-65,278918,91057,619308,649-63,903-51,285-143,249-101,937-95,847324,02951,016987,442-6,722-13,29075,257-13,598
  Dividend Payments0.0%46,93746,93447,03546,28246,26446,27146,25745,63745,61745,59945,50741,13040,98240,92740,92738,98238,88339,00838,92635,38735,674
  Buy Backs----------------------

ALB Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 9,617,203$ 7,320,104$ 3,327,957
Cost of goods sold[1]8,431,2944,245,5172,329,986
Gross profit1,185,9093,074,587997,971
Selling, general and administrative expenses919,493524,145441,482
Research and development expenses85,72571,98154,026
(Gain) loss on change in interest in properties/sale of business, net(71,190)8,400(295,971)
Operating profit251,8812,470,061798,434
Interest and financing expenses(116,072)(122,973)(61,476)
Other income (expenses), net110,92986,356(603,340)
Income before income taxes and equity in net income of unconsolidated investments246,7382,433,444133,618
Income tax expense430,277390,58829,446
Income before equity in net income of unconsolidated investments(183,539)2,042,856104,172
Equity in net income of unconsolidated investments (net of tax)1,854,082772,27595,770
Net income1,670,5432,815,131199,942
Net income attributable to noncontrolling interests(97,067)(125,315)(76,270)
Net income attributable to Albemarle Corporation$ 1,573,476$ 2,689,816$ 123,672
Basic earnings per share (in dollars per share)$ 13.41$ 22.97$ 1.07
Diluted earnings per share (in dollars per share)$ 13.36$ 22.84$ 1.06
Weighted-average common shares outstanding—basic (in shares)117,317117,120115,841
Weighted-average common shares outstanding—diluted (in shares)117,766117,793116,536
[1]Included purchases from related unconsolidated affiliates of $2.3 billion, $656.7 million and $156.3 million for the years ended December 31, 2023, 2022 and 2021, respectively.

ALB Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 889,900$ 1,499,142
Trade accounts receivable, less allowance for doubtful accounts (2023—$2,808; 2022—$2,534)1,213,1601,190,970
Other accounts receivable509,097185,819
Inventories2,161,2872,076,031
Other current assets443,475234,955
Total current assets5,216,9195,186,917
Property, plant and equipment, at cost12,233,7579,354,330
Less accumulated depreciation and amortization2,738,5532,391,333
Net property, plant and equipment9,495,2046,962,997
Investments1,369,8551,150,553
Other assets297,087250,558
Goodwill1,629,7291,617,627
Other intangibles, net of amortization261,858287,870
Total assets18,270,65215,456,522
Current liabilities:  
Accrued expenses544,835505,894
Current portion of long-term debt625,7612,128
Dividends payable46,66646,116
Income taxes payable255,155134,876
Total current liabilities3,560,4622,741,015
Long-term debt3,541,0023,214,972
Postretirement benefits26,24732,751
Pension benefits150,312159,571
Other noncurrent liabilities769,100636,596
Deferred income taxes558,430480,770
Commitments and contingencies
Albemarle Corporation shareholders’ equity:  
Common stock, $.01 par value (authorized 150,000 shares), issued and outstanding — 117,356 in 2023 and 117,168 in 20221,1741,172
Additional paid-in capital2,952,5172,940,840
Accumulated other comprehensive loss(528,526)(560,662)
Retained earnings6,987,0155,601,277
Total Albemarle Corporation shareholders’ equity9,412,1807,982,627
Noncontrolling interests252,919208,220
Total equity9,665,0998,190,847
Total liabilities and equity18,270,65215,456,522
Nonrelated Party  
Current liabilities:  
Accounts payable to third parties1,537,8591,533,624
Related Party  
Current liabilities:  
Accounts payable to third parties$ 550,186$ 518,377
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 Fri Apr 12 2024, market cap of Albemarle Corp is 14.39 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 Fri Apr 12 2024, ALB's PE ratio (Price to Earnings) is 9.15 and Price to Sales (PS) ratio is 1.5. 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 0.078 (multiply by 100 for percentage) rate of return.