Below are the financial statements of Albemarle, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 1,192.23a | 889.9a |
Trade accounts receivable, less allowance for credit losses | 742.2a | 1,213.16a |
Other accounts receivable | 238.38a | 509.1a |
Inventories | 1,502.53a | 2,161.29a |
Other current assets | 166.92a | 443.48a |
Total current assets | 3,842.26a | 5,216.92a |
Assets | — | — |
Property, plant and equipment, at cost | 12,523.37a | 12,233.76a |
Less accumulated depreciation and amortization | 3,191.9a | 2,738.55a |
Net property, plant and equipment | 9,331.47a | 9,495.2a |
Investments | 1,117.74a | 1,369.86a |
Other assets | 504.71a | 297.09a |
Goodwill | 1,582.71a | 1,629.73a |
Other intangibles, net of amortization | 230.75a | 261.86a |
Total assets | 16,609.65a | 18,270.65a |
Current liabilities | — | — |
Accounts payable to third parties | 793.46a | 1,537.86a |
Accounts payable to related parties | 150.43a | 550.19a |
Accrued expenses | 468a | 544.84a |
Current portion of long-term debt | 398.02a | 625.76a |
Dividends payable | 61.28a | 46.67a |
Income taxes payable | 95.28a | 255.16a |
Total current liabilities | 1,966.46a | 3,560.46a |
Liabilities and equity | — | — |
Long-term debt | 3,118.14a | 3,541a |
Postretirement benefits | 31.93a | 26.25a |
Pension benefits | 116.19a | 150.31a |
Other noncurrent liabilities | 819.2a | 769.1a |
Deferred income taxes | 358.03a | 558.43a |
Albemarle Corporation shareholders’ equity | — | — |
Common stock | 1.18a | 1.17a |
Mandatory convertible preferred stock, Series A | 2,235.11a | 0a |
Additional paid-in capital | 2,985.61a | 2,952.52a |
Accumulated other comprehensive loss | -742.06a | -528.53a |
Retained earnings | 5,481.69a | 6,987.02a |
Total Albemarle Corporation shareholders’ equity | 9,961.52a | 9,412.18a |
Equity | — | — |
Noncontrolling interests | 238.17a | 252.92a |
Total equity | 10,199.69a | 9,665.1a |
Total liabilities and equity | 16,609.65a | 18,270.65a |
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