ALBEMARLE CORP Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Albemarle Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Albemarle Corp Operating Margin for the quarter ending June 30, 2024 was -22.3 %, a 173% decline year-over-year.
  • Albemarle Corp annual Operating Margin for 2023 was 2.62 %, a 92.2% decline from 2022.
  • Albemarle Corp annual Operating Margin for 2022 was 33.7 %, a 40.6% increase from 2021.
  • Albemarle Corp annual Operating Margin for 2021 was 24 %, a 48.4% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 2.62 -31.1 -92.2% Jan 1, 2023 Dec 31, 2023
2022 33.7 +9.75 +40.6% Jan 1, 2022 Dec 31, 2022
2021 24 +7.83 +48.4% Jan 1, 2021 Dec 31, 2021
2020 16.2 -2.39 -12.9% Jan 1, 2020 Dec 31, 2020
2019 18.6 -8.45 -31.3% Jan 1, 2019 Dec 31, 2019
2018 27 +8.4 +45.1% Jan 1, 2018 Dec 31, 2018
2017 18.6 -3.84 -17.1% Jan 1, 2017 Dec 31, 2017
2016 22.5 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.