Albemarle Corp. is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment engages in developing and manufacture of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Catalysts segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC.
Highlights
The equity has grown by 6% year-on-year and by 3.8% since the previous quarter
ALB's P/E is 47% below its 5-year quarterly average of 36.9 but 34% above its last 4 quarters average of 14.5
Albemarle's quick ratio has increased by 16% YoY but it has decreased by 2.1% from the previous quarter
The company's debt has surged by 87% YoY and by 13% QoQ
The EPS is down by 20% year-on-year and by 14% since the previous quarter
Key stats
What are the main financial stats of ALB
Market
Shares outstanding
106.36M
Market cap
$8.55B
Enterprise value
$11.38B
Valuations
Price to earnings (P/E)
19.47
Price to book (P/B)
2.12
Price to sales (P/S)
2.53
EV/EBIT
20.29
EV/EBITDA
14.52
EV/Sales
3.37
Earnings
Revenue
$3.38B
EBIT
$560.64M
EBITDA
$783.43M
Free cash flow
-$127.16M
Per share
EPS
$4.13
Free cash flow per share
-$1.2
Book value per share
$37.85
Revenue per share
$31.74
TBVPS
$77.65
Balance sheet
Total assets
$10.17B
Total liabilities
$5.96B
Debt
$3.56B
Equity
$4.02B
Working capital
$871.61M
Liquidity
Debt to equity
0.88
Current ratio
1.61
Quick ratio
0.94
Net debt/EBITDA
3.6
Margins
EBITDA margin
23.2%
Gross margin
33.3%
Net margin
13%
Operating margin
16.6%
Efficiency
Return on assets
4.6%
Return on equity
11.2%
Return on invested capital
6.5%
Return on capital employed
6.4%
Return on sales
16.6%
Dividend
Dividend yield
1.89%
DPS
$1.52
Payout ratio
36.9%
ALB stock price
How has the Albemarle stock price performed over time
Financial performance
How have Albemarle's revenue and profit performed over time
Revenue
$3.38B
Gross profit
$1.12B
Operating income
$561.48M
Net income
$438.29M
Gross margin
33.3%
Net margin
13%
ALB's net income is down by 20% year-on-year and by 14% since the previous quarter
The company's net margin fell by 19% YoY and by 10% QoQ
Albemarle's operating income has decreased by 18% YoY and by 12% QoQ
The operating margin has contracted by 17% YoY and by 9% from the previous quarter
Growth
What is Albemarle's growth rate over time
Valuation
What is Albemarle stock price valuation
P/E
19.47
P/B
2.12
P/S
2.53
EV/EBIT
20.29
EV/EBITDA
14.52
EV/Sales
3.37
ALB's P/E is 47% below its 5-year quarterly average of 36.9 but 34% above its last 4 quarters average of 14.5
The EPS is down by 20% year-on-year and by 14% since the previous quarter
ALB's price to book (P/B) is 15% lower than its 5-year quarterly average of 2.5 but 12% higher than its last 4 quarters average of 1.9
The equity has grown by 6% year-on-year and by 3.8% since the previous quarter
ALB's price to sales (P/S) is 21% higher than its last 4 quarters average of 2.1 but 16% lower than its 5-year quarterly average of 3.0
The revenue has declined by 3.5% since the previous quarter
Efficiency
How efficient is Albemarle business performance
Albemarle's ROIC has decreased by 47% YoY and by 21% from the previous quarter
Albemarle's return on assets has decreased by 35% YoY and by 18% QoQ
Albemarle's ROE has decreased by 25% YoY and by 15% from the previous quarter
The ROS is down by 20% year-on-year and by 9% since the previous quarter
Dividends
What is ALB's dividend history
DPS
$1.52
Dividend yield
1.89%
Payout ratio
36.9%
Recent dividends
Financial health
How did Albemarle financials performed over time
Albemarle's total assets is 71% more than its total liabilities
The total liabilities has grown by 45% YoY and by 2.7% from the previous quarter
Albemarle's total assets has increased by 26% YoY and by 3.3% from the previous quarter
The company's debt is 12% lower than its equity
The company's debt has surged by 87% YoY and by 13% QoQ
The debt to equity has soared by 76% YoY and by 7% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.