Albemarle Corp

Common Name
Albemarle
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
8,300
Ticker
ALB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Albemarle Corporation is a global leader in the chemical manufacturing industry, specializing in the production of lithium, bromine, and catalysts. As a significant player in the lithium market, Albem...

Financial Statements of Albemarle

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 USD202420232022
Net sales
5,377.53a
9,617.2a
7,320.1a
Cost of goods sold
-5,314.99a
-8,431.29a
-4,245.52a
Gross profit
62.54a
1,185.91a
3,074.59a
Selling, general and administrative expenses
-618.05a
-910a
-524.15a
Restructuring charges and asset write-offs
-1,134.32a
-9.49a
0a
Research and development expenses
-86.72a
-85.73a
-71.98a
(Gain) loss on change in interest in properties/sale of business, net
0a
-71.19a
8.4a
Operating (loss) profit
-1,776.55a
251.88a
2,470.06a
Interest and financing expenses
-165.62a
-116.07a
-122.97a
Other income, net
178.34a
110.93a
86.36a
(Loss) income before income taxes and equity in net income of unconsolidated investments
-1,763.83a
246.74a
2,433.44a
Income tax expense
-87.09a
-430.28a
-390.59a
(Loss) income before equity in net income of unconsolidated investments
-1,850.91a
-183.54a
2,042.86a
Equity in net income of unconsolidated investments (net of tax)
715.43a
1,854.08a
772.28a
Net (loss) income
-1,135.48a
1,670.54a
2,815.13a
Net income attributable to noncontrolling interests
-43.97a
-97.07a
-125.32a
Net (loss) income attributable to Albemarle Corporation
-1,179.45a
1,573.48a
2,689.82a
Mandatory convertible preferred stock dividends
-136.65a
0a
0a
Net (loss) income attributable to Albemarle Corporation common shareholders
-1,316.1a
1,573.48a
2,689.82a

Verified Sources Behind Albemarle’s Financial Fundamentals Data

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a. Albemarle's 10-K 2024
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