OverviewSuggest Edit

Albemarle is a specialty chemicals company specializing in lithium, bromine, refining catalysts, and applied surface treatments. It offers lithium and lithium derivatives, bromine specialties for fire safety, oilfield drilling, pharmaceutical manufacturing, high-tech cleaning, water treatment, and food safety; catalysts, technologies, and related services to the refining and petrochemical industries; and fine chemistry services.
TypePublic
Founded1994
HQCharlotte, NC, US
Websitealbemarle.com
Employee Ratings3.7
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)5,900(-1%)
Job Openings386
Revenue (FY, 2020)$3.1 B(-12%)
Share Price (Jan 2022)$219.7(-2%)
Cybersecurity ratingAMore
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Key People/Management at Albemarle

Kent Masters

Kent Masters

Chairman, President & Chief Executive Officer
Scott Tozier

Scott Tozier

Executive Vice President & Chief Financial Officer
Melissa Anderson

Melissa Anderson

Senior Vice President, Chief Human Resources Officer
Netha Johnson

Netha Johnson

President, Bromine Specialties
Karen Narwold

Karen Narwold

Executive Vice President, Chief Administrative Officer, General Counsel & Corporate Secretary
Eric Norris

Eric Norris

President, Lithium
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Albemarle Office Locations

Albemarle has offices in Charlotte, Baton Rouge, Houston, Kings Mountain and in 24 other locations
Charlotte, NC, US (HQ)
4250 Congress St #900
Baton Rouge, LA, US
Gulf States Road
Houston, TX, US
13100 Space Center Blvd #400
Kings Mountain, NC, US
348 Holiday Inn Dr
Magnolia, AR, US
P.O. Box 729
New Johnsonville, TN, US
856 Foote Ln
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Albemarle Financials and Metrics

Albemarle Revenue

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Albemarle's revenue was reported to be $3.13 b in FY, 2020 which is a 12.8% decrease from the previous period.
USD

Revenue (Q3, 2021)

830.6m

Gross profit (Q3, 2021)

249.3m

Gross profit margin (Q3, 2021), %

30%

Net income (Q3, 2021)

(374.4m)

EBIT (Q3, 2021)

131.5m

Market capitalization (19-Jan-2022)

26.5b

Closing stock price (19-Jan-2022)

219.7

Cash (30-Sept-2021)

595.0m

EV

27.9b
Albemarle's current market capitalization is $26.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

3.4b3.6b3.1b

Revenue growth, %

10%6%(13%)

Cost of goods sold

2.2b2.3b2.1b

Gross profit

1.2b1.3b994.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

832.1m885.1m879.7m738.8m764.0m746.9m829.3m773.9m830.6m

Cost of goods sold

548.6m559.1m569.9m496.8m530.7m492.8m565.6m525.5m581.3m

Gross profit

283.5m325.9m309.9m242.0m233.4m254.1m263.7m248.4m249.3m

Gross profit Margin, %

34%37%35%33%31%34%32%32%30%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

555.3m613.1m746.7m

Accounts Receivable

605.7m612.7m530.8m

Inventories

700.5m769.0m750.2m

Current Assets

2.0b2.2b2.2b
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

739.1m604.4m446.6m

Depreciation and Amortization

200.7m213.5m232.0m

Inventories

(124.1m)(46.3m)52.0m

Accounts Payable

73.7m(12.2m)(31.5m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

151.5m326.5m498.1m123.6m227.4m344.4m117.7m563.9m189.5m

Depreciation and Amortization

49.3m102.2m156.7m53.7m111.5m170.2m62.3m123.7m185.8m

Cash From Operating Activities

54.9m199.3m345.6m155.1m207.9m461.7m157.9m385.9m490.6m

Capital Expenditures

(216.1m)(415.6m)(608.5m)(214.5m)(419.0m)(621.4m)(179.7m)(396.9m)(652.7m)
USDFY, 2018

EV/EBIT

10.2 x

EV/CFO

17.1 x

EV/FCF

-60.7 x

Revenue/Employee

572.0k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2 x

P/E Ratio

12.2
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Albemarle Operating Metrics

Albemarle's Customers was reported to be 2.3 k in FY, 2020.
FY, 2018FY, 2019FY, 2020

Countries

1007575

Customers

2.3 k2.4 k2.3 k

Facilities

292925

Patents Pending

600550550
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Albemarle Acquisitions / Subsidiaries

Company NameDateDeal Size
Rockwood HoldingsJanuary 12, 2015$5.7 b
ACI Cyprus, L.L.C.
Albemarle Argentina SRL
Albemarle Brazil Holdings LTDA.
Albemarle Care Fund
Albemarle Catalysts Company B.V.
Albemarle Chemical Canada Ltd.
Albemarle Chemicals Ltd.
Albemarle Chemicals Private Limited
Albemarle Chemicals S.A.S.
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Albemarle Revenue Breakdown

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Albemarle revenue breakdown by business segment: 36.6% from Lithium, 30.8% from Bromine Specialties, 25.5% from Catalysts and 7.1% from All Other

Albemarle revenue breakdown by geographic segment: 76.2% from Foreign and 23.8% from United States

Albemarle Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Albemarle Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Albemarle Online and Social Media Presence

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Albemarle Company Culture

  • Overall Culture

    A+

    85/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A+

    82/100

  • Diversity

    A+

    80/100

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Albemarle News and Updates

International Lithium Association Welcomes Albemarle Corporation as Founding Member

The International Lithium Association (ILiA) is the new trade body for the global lithium value chain.

Insights on the Active Pharmaceutical Ingredients CDMO Global Market to 2026 - Featuring Albemarle, Cambrex and Lonza Among Others

Dublin, Dec. 14, 2021 (GLOBE NEWSWIRE) -- The "Active Pharmaceutical Ingredients CDMO Market Research Report by Drug, Synthesis, Product, Workflow, Application, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering. The Glo…

Albemarle, First Solar: Stocks To Watch As House Passes Biggest Climate Spending Bill

Our theme on Renewable Energy Stocks – which includes U.S.-based solar panel manufacturers, lithium miners, and hydrogen fuel cell producers – has fared well in recent weeks. The theme remains up by about 25% year-to-date, roughly in line with the broader S&P 500. During our last update in...

Thinking about trading options or stock in Qualcomm, Parker-Hannifin, Albemarle Corp, Eli Lilly, or Tesla?

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for QCOM, PH, ALB, LLY, and TSLA. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Albemarle Response to Huntsman-Rockwood Decision

CHARLOTTE, N.C., Oct. 29, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today issued a response to a recent arbitration decision on a dispute between Huntsman Corporation and Rockwood Holdings, Inc. related to Huntsman's acquisition of Rockwood's Pigments & Additives business....

Huntsman Announces Improved Third Quarter 2021 Earnings; Repurchases Approximately $102 million of Shares During the Quarter; Wins Significant Arbitration Award Against Albemarle

THE WOODLANDS, Texas, Oct. 29, 2021 /PRNewswire/ -- Third Quarter Highlights Third quarter 2021 net income of $225 million compared to net income of $57 million in the prior year period; third quarter 2021 diluted earnings per share of $0.94 compared to diluted earnings per share of $0.22...
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Albemarle Blogs

Albemarle Corporation to release third quarter 2018 earnings results on Wednesday, Nov. 7, 2018

Albemarle Corporation to release third quarter 2018 earnings results on Wednesday, Nov. 7, 2018 Content Import Tue, 10/02/2018 - 16:17 Albemarle Corporation to release third quarter 2018 earnings results on Wednesday, Nov. 7, 2018 October 2, 2018 This release…

Albemarle Corporation to Attend 2018 Seaport Global Chemicals & Basic Materials Conference

Albemarle Corporation to Attend 2018 Seaport Global Chemicals & Basic Materials Conference Content Import Thu, 08/09/2018 - 16:17 Albemarle Corporation to Attend 2018 Seaport Global Chemicals & Basic Materials Conference August 9, 2018 This release is…

Albemarle Announces Leadership Changes for Corporate Strategy and Investor Relations and Treasury

Albemarle Announces Leadership Changes for Corporate Strategy and Investor Relations and Treasury Content Import Wed, 07/25/2018 - 16:18 Albemarle Announces Leadership Changes for Corporate Strategy and Investor Relations and Treasury July 25, 2018 This relea…

Albemarle Frequently Asked Questions

  • When was Albemarle founded?

    Albemarle was founded in 1994.

  • Who are Albemarle key executives?

    Albemarle's key executives are Kent Masters, Scott Tozier and Melissa Anderson.

  • How many employees does Albemarle have?

    Albemarle has 5,900 employees.

  • What is Albemarle revenue?

    Latest Albemarle annual revenue is $3.1 b.

  • What is Albemarle revenue per employee?

    Latest Albemarle revenue per employee is $530.3 k.

  • Who are Albemarle competitors?

    Competitors of Albemarle include Honeywell, Omnova Solutions and Grace.

  • Where is Albemarle headquarters?

    Albemarle headquarters is located at 4250 Congress St #900, Charlotte.

  • Where are Albemarle offices?

    Albemarle has offices in Charlotte, Baton Rouge, Houston, Kings Mountain and in 24 other locations.

  • How many offices does Albemarle have?

    Albemarle has 31 offices.