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.
| Type | Public | |
| Founded | 1994 | |
| HQ | Charlotte, NC, US | Map |
| Website | albemarle.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- International Lithium Association Welcomes Albemarle Corporation as Founding Member
- Insights on the Active Pharmaceutical Ingredients CDMO Global Market to 2026 - Featuring Albemarle, Cambrex and Lonza Among Others
- Albemarle, First Solar: Stocks To Watch As House Passes Biggest Climate Spending Bill
- Thinking about trading options or stock in Qualcomm, Parker-Hannifin, Albemarle Corp, Eli Lilly, or Tesla?
Key People/Management at Albemarle
Kent Masters
Chairman, President & Chief Executive Officer
Scott Tozier
Executive Vice President & Chief Financial Officer
Melissa Anderson
Senior Vice President, Chief Human Resources Officer
Netha Johnson
President, Bromine Specialties
Karen Narwold
Executive Vice President, Chief Administrative Officer, General Counsel & Corporate Secretary
Eric Norris
President, Lithium
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
Albemarle Financials and Metrics
Albemarle Revenue
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
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 832.1m | 885.1m | 879.7m | 738.8m | 764.0m | 746.9m | 829.3m | 773.9m | 830.6m |
Cost of goods sold | 548.6m | 559.1m | 569.9m | 496.8m | 530.7m | 492.8m | 565.6m | 525.5m | 581.3m |
Gross profit | 283.5m | 325.9m | 309.9m | 242.0m | 233.4m | 254.1m | 263.7m | 248.4m | 249.3m |
Gross profit Margin, % | 34% | 37% | 35% | 33% | 31% | 34% | 32% | 32% | 30% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 465.3m | 398.2m | 317.8m | 553.2m | 736.7m | 702.1m | 569.9m | 823.6m | 595.0m |
Accounts Receivable | 603.5m | 624.8m | 637.0m | 518.7m | 517.6m | 516.2m | 533.0m | 455.2m | 520.7m |
Inventories | 756.2m | 814.0m | 802.4m | 853.5m | 851.3m | 828.1m | 685.8m | 732.6m | 745.6m |
Current Assets | 2.0b | 2.0b | 2.0b | 2.2b | 2.3b | 2.2b | 2.0b | 2.2b | 2.1b |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 151.5m | 326.5m | 498.1m | 123.6m | 227.4m | 344.4m | 117.7m | 563.9m | 189.5m |
Depreciation and Amortization | 49.3m | 102.2m | 156.7m | 53.7m | 111.5m | 170.2m | 62.3m | 123.7m | 185.8m |
Cash From Operating Activities | 54.9m | 199.3m | 345.6m | 155.1m | 207.9m | 461.7m | 157.9m | 385.9m | 490.6m |
Capital Expenditures | (216.1m) | (415.6m) | (608.5m) | (214.5m) | (419.0m) | (621.4m) | (179.7m) | (396.9m) | (652.7m) |
| USD | FY, 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 |
Albemarle Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Rockwood Holdings | January 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. |
Albemarle Revenue Breakdown
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
Albemarle Environment, Social & Governance (ESG) Ratings
Albemarle Online and Social Media Presence
3.68k Twitter followers
Albemarle has 3.68k Twitter Followers. The number of followers has increased 1.2% month over month and increased 2.5% quarter over quarter
Albemarle's Trends
Twitter Engagement Stats for @AlbemarleCorp
1.1k
Tweets
483
Following
3.7k
Followers
13
Tweets last 30 days
8.7
Avg. likes per Tweet
92.3%
Tweets with engagement
Albemarle Company Culture
Overall Culture
A+
85/100
CEO Rating
A+
80/100
Compensation
A+
82/100
Diversity
A+
80/100
Albemarle News and Updates
December 23, 2021
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.
December 14, 2021
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…
November 23, 2021
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...
November 04, 2021
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...
October 29, 2021
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....
October 29, 2021
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...
Albemarle Blogs
October 02, 2018
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…
August 09, 2018
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…
July 25, 2018
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.
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