Craft

Albemarle

Stock Price

$96.7

2024-10-29

Market Capitalization

$11.4 B

2024-10-29

Revenue

$5.4 B

FY, 2024

Albemarle Summary

Company Summary

Overview
Albemarle is a developer, manufacturer, and marketer of highly-engineered specialty chemicals. It operates through three segments: Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. The Specialties segment offers bromine and highly specialized lithium solutions. The Ketjen segment provides hydroprocessing, isomerization, alkylation, fluidized catalytic cracking catalysts and additives, etc.
Type
Public
Status
Active
Founded
1994
HQ
Charlotte, NC, US | view all locations
Website
https://www.albemarle.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Kent Masters

    Kent Masters, Chief Executive Officer & Chairman

  • Melissa H. Anderson

    Melissa H. Anderson, Executive Vice President, Chief People & Transformation Officer

  • Eric Norris

    Eric Norris, Executive Vice President, Chief Commercial Officer

  • Netha Johnson

    Netha Johnson, Executive Vice President, Chief Operations Officer

Operating MetricsView all

Indicated Mineral Resources (Lithium), metric tonnes

125.5M
34.8%

FY, 2024

Measured and Indicated Mineral Resources (Lithium), metric tonnes

126.8M
35.4%

FY, 2024

Production and R&D Facilities

25

FY, 2024

LocationsView all

26 locations detected

  • Charlotte, NC HQ

    United States

    4250 Congress St #900

  • Baton Rouge, LA

    United States

    Gulf States Utilities Rd

  • Kings Mountain, NC

    United States

    348 Holiday Inn Dr

  • Magnolia, AR

    United States

    P.O. Box 729

  • New Johnsonville, TN

    United States

    856 Foote Ln

  • Silver Peak, NV

    United States

    Silver Peak Production Site, Hwy 265

and 20 others

Albemarle Financials

Summary Financials

Revenue (FY, 2024)
$5.4B
Gross profit (FY, 2024)
$62.5M
Net income (FY, 2024)
($1.1B)
Cash (FY, 2024)
$1.2B
EBIT (FY, 2024)
($1.8B)
Enterprise value
$13.7B

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