- Previous Close
94.31 - Open
99.20 - Bid 99.95 x 800
- Ask 100.00 x 800
- Day's Range
98.40 - 102.10 - 52 Week Range
71.97 - 177.52 - Volume
4,049,395 - Avg. Volume
2,951,126 - Market Cap (intraday)
11.999B - Beta (5Y Monthly) 1.54
- PE Ratio (TTM)
-- - EPS (TTM)
-4.72 - Earnings Date Nov 6, 2024
- Forward Dividend & Yield 1.62 (1.59%)
- Ex-Dividend Date Sep 13, 2024
- 1y Target Est
107.94
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Specialties segment provides bromine-based specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; develops and manufactures cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. The Ketjen segment offers clean fuels technologies (CFT), which is composed of hydroprocessing catalysts (HPC) together with isomerization and akylation catalysts; fluidized catalytic cracking (FCC) catalysts and additives; and performance catalyst solutions (PCS), which is composed of 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.
www.albemarle.com9,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: ALB
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Performance Overview: ALB
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: ALB
View MoreValuation Measures
Market Cap
11.08B
Enterprise Value
15.01B
Trailing P/E
35.46
Forward P/E
19.49
PEG Ratio (5yr expected)
1.04
Price/Sales (ttm)
1.49
Price/Book (mrq)
1.23
Enterprise Value/Revenue
2.01
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
-6.72%
Return on Assets (ttm)
-4.51%
Return on Equity (ttm)
-4.10%
Revenue (ttm)
7.46B
Net Income Avi to Common (ttm)
-554.17M
Diluted EPS (ttm)
-4.72
Balance Sheet and Cash Flow
Total Cash (mrq)
1.83B
Total Debt/Equity (mrq)
31.87%
Levered Free Cash Flow (ttm)
-2.5B
Research Analysis: ALB
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Research Reports: ALB
View MoreLithium: We Expect a Recovery in 2025
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
RatingPrice TargetLithium: Producer Shares Rally on High-Cost Supply Cut
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
RatingPrice TargetMid Cap U.S. Pick List September 2024
This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.
Mid Cap U.S. Pick List August 2024
This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.