ALB RSI Chart
Last 7 days
7.9%
Last 30 days
9.2%
Last 90 days
-8.8%
Trailing 12 Months
-39.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 8.8B | 9.7B | 9.9B | 9.6B |
2022 | 3.6B | 4.3B | 5.6B | 7.3B |
2021 | 3.2B | 3.2B | 3.3B | 3.3B |
2020 | 3.5B | 3.4B | 3.2B | 3.1B |
2019 | 3.4B | 3.4B | 3.5B | 3.6B |
2018 | 3.2B | 3.3B | 3.3B | 3.4B |
2017 | 2.7B | 2.8B | 2.9B | 3.1B |
2016 | 2.8B | 2.7B | 2.7B | 2.7B |
2015 | 2.5B | 2.7B | 2.7B | 2.8B |
2014 | 2.4B | 2.4B | 2.5B | 2.4B |
2013 | 2.4B | 2.4B | 2.4B | 2.4B |
2012 | 2.8B | 2.7B | 2.6B | 2.5B |
2011 | 2.5B | 2.6B | 2.8B | 2.9B |
2010 | 2.1B | 2.2B | 2.3B | 2.4B |
2009 | 0 | 2.3B | 2.2B | 2.0B |
2008 | 0 | 0 | 0 | 2.5B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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. |
Which funds bought or sold ALB recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 27, 2024 | NOMURA HOLDINGS INC | added | 185 | 4,982,010 | 8,473,610 | 0.02% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 3.27 | -481,666 | 3,449,310 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | added | 17.5 | -23,457 | 14,717,300 | 0.05% |
Mar 18, 2024 | CoreFirst Bank & Trust | unchanged | - | -46,008 | 260,064 | 0.17% |
Mar 15, 2024 | B. Riley Wealth Advisors, Inc. | reduced | -16.98 | -202,881 | 486,482 | 0.01% |
Mar 13, 2024 | MONECO Advisors, LLC | added | 6.8 | -60,926 | 596,811 | 0.11% |
Mar 11, 2024 | Wahed Invest LLC | added | 3.19 | -38,685 | 275,379 | 0.08% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.59 | -345,883,000 | 2,034,790,000 | 0.04% |
Mar 08, 2024 | TRUST CO OF VERMONT | reduced | -53.65 | -24,015 | 15,604 | -% |
Mar 08, 2024 | ICA Group Wealth Management, LLC | new | - | 22,683 | 22,683 | -% |
Unveiling Albemarle Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Peers (Alternatives to Albemarle Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APD | 53.9B | 12.4B | 23.06 | 4.34 | ||||
DOW | 40.9B | 44.6B | 61.94 | 0.92 | ||||
CE | 18.7B | 10.9B | 9.55 | 1.71 | ||||
AVTR | 17.3B | 7.0B | 54.01 | 2.49 | ||||
ALB | 15.5B | 9.6B | 9.83 | 1.61 | ||||
EMN | 11.8B | 9.2B | 13.15 | 1.28 | ||||
MID-CAP | ||||||||
CBT | 5.1B | 3.9B | 11.5 | 1.3 | ||||
BCPC | 5.0B | 922.4M | 46.06 | 5.42 | ||||
AVNT | 4.0B | 3.1B | 52.03 | 1.26 | ||||
ARCH | 3.0B | 3.1B | 6.39 | 0.94 | ||||
SMALL-CAP | ||||||||
CCF | 1.2B | 404.0M | 36.59 | 3 | ||||
ASIX | 763.6M | 1.5B | 13.98 | 0.5 | ||||
CMT | 171.1M | 357.7M | 8.42 | 0.48 | ||||
AREC | 110.4M | 21.4M | 13.13 | 5.17 | ||||
AMRS | 3.7M | - | -0.01 | 0.01 |
Albemarle Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.0% | 2,356 | 2,311 | 2,370 | 2,580 | 2,621 | 2,092 | 1,480 | 1,128 | 894 | 831 | 774 | 829 | 879 | 747 | 764 | 739 | 993 | 880 | 885 | 832 | 922 |
Cost Of Revenue | 35.7% | 3,060 | 2,256 | 1,812 | 1,304 | 1,620 | 1,048 | 899 | 679 | 658 | 581 | 525 | 566 | 614 | 493 | 531 | 497 | 654 | 570 | 559 | 549 | 601 |
Gross Profit | -1381.6% | -704 | 55.00 | 558 | 1,277 | 1,001 | 1,044 | 580 | 449 | 237 | 249 | 248 | 264 | 265 | 254 | 233 | 242 | 339 | 310 | 326 | 283 | 320 |
S&GA Expenses | 11.7% | 194 | 174 | 397 | 154 | 148 | 134 | 129 | 113 | 123 | 103 | 122 | 93.00 | 125 | 96.00 | 107 | 102 | 185 | 108 | 127 | 113 | 121 |
R&D Expenses | 7.9% | 23.00 | 21.00 | 21.00 | 20.00 | 20.00 | 18.00 | 17.00 | 16.00 | 12.00 | 13.00 | 14.00 | 15.00 | 15.00 | 14.00 | 14.00 | 16.00 | 14.00 | 16.00 | 13.00 | 15.00 | 16.00 |
EBITDA Margin | -70.1% | 0.07* | 0.25* | 0.36* | 0.42* | 0.38* | 0.34* | 0.11* | 0.17* | 0.13* | 0.14* | 0.34* | 0.20* | - | - | - | - | - | - | - | - | - |
Income Taxes | 1490.2% | 119 | -8.55 | 43.00 | 277 | 24.00 | 197 | 89.00 | 81.00 | 15.00 | -114 | 107 | 22.00 | -10.10 | 31.00 | 15.00 | 18.00 | -5.11 | 25.00 | 30.00 | 38.00 | 11.00 |
Earnings Before Taxes | -482.3% | -920 | -158 | 168 | 1,157 | 863 | 869 | 401 | 300 | -8.06 | -516 | 535 | 123 | 48.00 | 122 | 88.00 | 115 | 78.00 | 164 | 167 | 154 | 130 |
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% | -617 | 303 | 650 | 1,239 | 1,132 | 897 | 407 | 253 | -3.82 | -392 | 425 | 96.00 | 85.00 | 98.00 | 86.00 | 107 | 90.00 | 155 | 154 | 134 | 130 |
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% | -782 | 83.00 | -429 | 305 | 507 | 582 | -416 | -25.52 | -447 | -151 | 11.00 | -21.73 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -3.2% | 18,271 | 18,883 | 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 |
Current Assets | -26.8% | 5,217 | 7,126 | 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 |
Cash Equivalents | -44.4% | 890 | 1,602 | 1,600 | 1,587 | 1,499 | 1,383 | 931 | 463 | 439 | 595 | 824 | 570 | 747 | 702 | 737 | 553 | 613 | 318 | 398 | 465 | 555 |
Inventory | -36.5% | 2,161 | 3,404 | 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 |
Net PPE | -100.0% | - | 8,309 | 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 |
Goodwill | 1.5% | 1,630 | 1,606 | 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 |
Current Liabilities | -9.7% | 3,560 | 3,942 | 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 |
Long Term Debt | 1.3% | 3,541 | 3,496 | 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 |
LT Debt, Current | 285.4% | 626 | 162 | 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 |
LT Debt, Non Current | 1.3% | 3,541 | 3,496 | 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 |
Shareholder's Equity | -4.9% | 9,412 | 9,898 | 10,088 | 9,459 | 7,983 | 6,965 | 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 |
Retained Earnings | -8.7% | 6,987 | 7,652 | 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 |
Additional Paid-In Capital | 0.2% | 2,953 | 2,946 | 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 |
Accumulated Depreciation | -100.0% | - | 2,621 | 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 |
Shares Outstanding | 0.0% | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 116 | 115 | 115 | 113 | - | - | - | - | - | - | - | - | - |
Minority Interest | -4.4% | 253 | 265 | 273 | 246 | 208 | 232 | 216 | 208 | 180 | 201 | 200 | 196 | 200 | 201 | 182 | 164 | 161 | 172 | 174 | 192 | 174 |
Float | - | - | - | 26,200 | - | - | - | 24,500 | - | - | - | 19,700 | - | - | - | 8,200 | - | - | - | 7,500 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -115.6% | -98,219 | 628,853 | 73,707 | 720,980 | 952,247 | 895,291 | -145,865 | 206,176 | -146,329 | 104,733 | 227,904 | 157,949 | 337,200 | 253,797 | 52,863 | 155,054 | 373,736 | 146,350 | 144,372 | 54,916 | 169,224 |
Share Based Compensation | -25.1% | 7,080 | 9,448 | 9,477 | 10,540 | 5,825 | 9,417 | 10,987 | 4,245 | 5,452 | 6,243 | 5,865 | 2,560 | 6,973 | 6,099 | 7,264 | 2,501 | 4,511 | 5,033 | 4,580 | 5,556 | 3,415 |
Cashflow From Investing | -60.7% | -1,065,529 | -662,925 | -513,698 | -539,008 | -609,340 | -313,337 | -271,879 | -228,093 | -307,763 | -256,646 | 72,543 | -174,724 | -220,052 | -202,968 | -205,685 | -234,868 | -1,064,133 | -192,581 | -199,716 | -207,195 | -227,989 |
Cashflow From Financing | 298.2% | 397,004 | 99,698 | 245,885 | -118,676 | -299,364 | -65,278 | 918,910 | 57,619 | 308,649 | -63,903 | -51,285 | -143,249 | -101,937 | -95,847 | 324,029 | 51,016 | 987,442 | -6,722 | -13,290 | 75,257 | -13,598 |
Dividend Payments | 0.0% | 46,937 | 46,934 | 47,035 | 46,282 | 46,264 | 46,271 | 46,257 | 45,637 | 45,617 | 45,599 | 45,507 | 41,130 | 40,982 | 40,927 | 40,927 | 38,982 | 38,883 | 39,008 | 38,926 | 35,387 | 35,674 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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] | 8,431,294 | 4,245,517 | 2,329,986 | |
Gross profit | 1,185,909 | 3,074,587 | 997,971 | ||
Selling, general and administrative expenses | 919,493 | 524,145 | 441,482 | ||
Research and development expenses | 85,725 | 71,981 | 54,026 | ||
(Gain) loss on change in interest in properties/sale of business, net | (71,190) | 8,400 | (295,971) | ||
Operating profit | 251,881 | 2,470,061 | 798,434 | ||
Interest and financing expenses | (116,072) | (122,973) | (61,476) | ||
Other income (expenses), net | 110,929 | 86,356 | (603,340) | ||
Income before income taxes and equity in net income of unconsolidated investments | 246,738 | 2,433,444 | 133,618 | ||
Income tax expense | 430,277 | 390,588 | 29,446 | ||
Income before equity in net income of unconsolidated investments | (183,539) | 2,042,856 | 104,172 | ||
Equity in net income of unconsolidated investments (net of tax) | 1,854,082 | 772,275 | 95,770 | ||
Net income | 1,670,543 | 2,815,131 | 199,942 | ||
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) | 117,317 | 117,120 | 115,841 | ||
Weighted-average common shares outstanding—diluted (in shares) | 117,766 | 117,793 | 116,536 | ||
|
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) | 1,213,160 | 1,190,970 |
Other accounts receivable | 509,097 | 185,819 |
Inventories | 2,161,287 | 2,076,031 |
Other current assets | 443,475 | 234,955 |
Total current assets | 5,216,919 | 5,186,917 |
Property, plant and equipment, at cost | 12,233,757 | 9,354,330 |
Less accumulated depreciation and amortization | 2,738,553 | 2,391,333 |
Net property, plant and equipment | 9,495,204 | 6,962,997 |
Investments | 1,369,855 | 1,150,553 |
Other assets | 297,087 | 250,558 |
Goodwill | 1,629,729 | 1,617,627 |
Other intangibles, net of amortization | 261,858 | 287,870 |
Total assets | 18,270,652 | 15,456,522 |
Current liabilities: | ||
Accrued expenses | 544,835 | 505,894 |
Current portion of long-term debt | 625,761 | 2,128 |
Dividends payable | 46,666 | 46,116 |
Income taxes payable | 255,155 | 134,876 |
Total current liabilities | 3,560,462 | 2,741,015 |
Long-term debt | 3,541,002 | 3,214,972 |
Postretirement benefits | 26,247 | 32,751 |
Pension benefits | 150,312 | 159,571 |
Other noncurrent liabilities | 769,100 | 636,596 |
Deferred income taxes | 558,430 | 480,770 |
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 2022 | 1,174 | 1,172 |
Additional paid-in capital | 2,952,517 | 2,940,840 |
Accumulated other comprehensive loss | (528,526) | (560,662) |
Retained earnings | 6,987,015 | 5,601,277 |
Total Albemarle Corporation shareholders’ equity | 9,412,180 | 7,982,627 |
Noncontrolling interests | 252,919 | 208,220 |
Total equity | 9,665,099 | 8,190,847 |
Total liabilities and equity | 18,270,652 | 15,456,522 |
Nonrelated Party | ||
Current liabilities: | ||
Accounts payable to third parties | 1,537,859 | 1,533,624 |
Related Party | ||
Current liabilities: | ||
Accounts payable to third parties | $ 550,186 | $ 518,377 |