Albemarle Corp financial data

Symbol
ALB, ALB-PA on NYSE
Industry
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Location
4250 Congress Street, Suite 900, Charlotte, NC
State of incorporation
Virginia
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 203 % +12.2%
Quick Ratio 80.5 % -0.37%
Return On Equity -4.65 % -110%
Return On Assets -2.69 % -111%
Operating Margin -22.3 % -173%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 118M shares +0.16%
Common Stock, Shares, Outstanding 118M shares +0.16%
Entity Public Float 26.2B USD +6.94%
Common Stock, Value, Issued 1.18M USD +0.09%
Weighted Average Number of Shares Outstanding, Basic 118M shares +0.17%
Weighted Average Number of Shares Outstanding, Diluted 118M shares -0.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.46B USD -22.8%
Cost of Revenue 8.08B USD +39.7%
Research and Development Expense 88.1M USD +9.62%
Operating Income (Loss) -1.66B USD -156%
Income Tax Expense (Benefit) 75.9M USD -86%
Net Income (Loss) Attributable to Parent -501M USD -113%
Earnings Per Share, Basic -4.74 USD/shares -114%
Earnings Per Share, Diluted -4.71 USD/shares -114%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.83B USD +14.4%
Accounts Receivable, after Allowance for Credit Loss, Current 786M USD -41.6%
Inventory, Net 1.8B USD -50.8%
Other Assets, Current 398M USD -6.52%
Assets, Current 5.23B USD -29.9%
Deferred Income Tax Assets, Net 22.4M USD -51.7%
Property, Plant and Equipment, Net 9.84B USD +25.2%
Operating Lease, Right-of-Use Asset 129M USD -6.36%
Intangible Assets, Net (Excluding Goodwill) 243M USD -11.3%
Goodwill 1.6B USD -2.07%
Other Assets, Noncurrent 321M USD +18.9%
Assets 18.4B USD -3.78%
Accounts Payable, Current 1.76B USD +108%
Employee-related Liabilities, Current 168M USD +15.4%
Accrued Liabilities, Current 508M USD -24.4%
Liabilities, Current 1.96B USD -54.4%
Deferred Income Tax Liabilities, Net 501M USD +52.8%
Operating Lease, Liability, Noncurrent 108M USD -2.91%
Other Liabilities, Noncurrent 758M USD +8.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -638M USD -23.1%
Retained Earnings (Accumulated Deficit) 6.65B USD -10%
Stockholders' Equity Attributable to Parent 11.2B USD +14.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 11.5B USD +13.8%
Liabilities and Equity 18.4B USD -3.78%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 98M USD -86.4%
Net Cash Provided by (Used in) Financing Activities 1.56B USD
Net Cash Provided by (Used in) Investing Activities -495M USD +8.26%
Common Stock, Shares Authorized 275M shares
Common Stock, Shares, Issued 118M shares +0.16%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.17B USD +1231%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.83B USD +14.4%
Deferred Tax Assets, Valuation Allowance 1.35B USD +24.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 1.56B USD +17.3%
Operating Lease, Liability 137M USD -7.84%
Payments to Acquire Property, Plant, and Equipment 579M USD +39.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -621M USD -116%
Lessee, Operating Lease, Liability, to be Paid 207M USD -6.65%
Property, Plant and Equipment, Gross 12.8B USD +23%
Operating Lease, Liability, Current 28.4M USD -22.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 22.4M USD +8.72%
Lessee, Operating Lease, Liability, to be Paid, Year One 30.8M USD -5.18%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 116M USD +726%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 70.2M USD -4.26%
Lessee, Operating Lease, Liability, to be Paid, Year Three 17M USD +2.88%
Deferred Tax Assets, Operating Loss Carryforwards 1.32B USD +13.7%
Preferred Stock, Shares Issued 2.3M shares
Preferred Stock, Shares Authorized 15M shares
Unrecognized Tax Benefits 179M USD +148%
Lessee, Operating Lease, Liability, to be Paid, Year Four 12.4M USD -13.9%
Operating Lease, Payments 8.85M USD -19.4%
Preferred Stock, Shares Outstanding 2.3M shares
Amortization of Intangible Assets 5.89M USD -20.8%
Depreciation, Depletion and Amortization 512M USD +48.9%
Deferred Tax Assets, Net of Valuation Allowance 211M USD -13.3%
Preferred Stock, Par or Stated Value Per Share 1K USD/shares