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.

Website

www.albemarle.com

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... Show more

Income Statement Balance Sheet Group Entities

Albemarle's Financial Statements Preview

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.

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All figures in millions of USD	2024	2023	2022
Net sales	5,377.53^a	9,617.2^a	7,320.1^a
Cost of goods sold	-5,314.99^a	-8,431.29^a	-4,245.52^a
Gross profit	62.54^a	1,185.91^a	3,074.59^a
Selling, general and administrative expenses	-618.05^a	-910^a	-524.15^a
Restructuring charges and asset write-offs	-1,134.32^a	-9.49^a	0^a
Research and development expenses	-86.72^a	-85.73^a	-71.98^a
(Gain) loss on change in interest in properties/sale of business, net	0^a	-71.19^a	8.4^a
Operating (loss) profit	-1,776.55^a	251.88^a	2,470.06^a
Interest and financing expenses	-165.62^a	-116.07^a	-122.97^a
Other income, net	178.34^a	110.93^a	86.36^a
(Loss) income before income taxes and equity in net income of unconsolidated investments	-1,763.83^a	246.74^a	2,433.44^a
Income tax expense	-87.09^a	-430.28^a	-390.59^a
(Loss) income before equity in net income of unconsolidated investments	-1,850.91^a	-183.54^a	2,042.86^a
Equity in net income of unconsolidated investments (net of tax)	715.43^a	1,854.08^a	772.28^a
Net (loss) income	-1,135.48^a	1,670.54^a	2,815.13^a
Net income attributable to noncontrolling interests	-43.97^a	-97.07^a	-125.32^a
Net (loss) income attributable to Albemarle Corporation	-1,179.45^a	1,573.48^a	2,689.82^a
Mandatory convertible preferred stock dividends	-136.65^a	0^a	0^a
Net (loss) income attributable to Albemarle Corporation common shareholders	-1,316.1^a	1,573.48^a	2,689.82^a

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Verified Sources Behind Albemarle’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Albemarle’s data sources below and access millions more through our Disclosure Search.

a. Albemarle's 10-K 2024

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Albemarle Corp

Albemarle's Financial Statements Preview

Verified Sources Behind Albemarle’s Financial Fundamentals Data

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