Albemarle/ALB
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About Albemarle
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
Ticker
ALB
Sector
Basic Materials
Trading on
NYSE
Industry
Chemicals
Headquarters
Charlotte, United States
Employees
9,000
Website
www.albemarle.com
Albemarle Metrics
BasicAdvanced
$11B
Market cap
35.09
P/E ratio
$2.77
EPS
1.61
Beta
$1.60
Dividend rate
1.65%
Dividend yield
Price and volume
Market cap
$11B
Beta
1.61
Dividend rate
$1.60
Financial strength
Current ratio
2.839
Quick ratio
1.643
Long term debt to equity
29.827
Total debt to equity
29.87
Dividend payout ratio (TTM)
55.67%
Interest coverage (TTM)
-6.17%
Management effectiveness
Return on assets (TTM)
-2.68%
Return on equity (TTM)
3.86%
Valuation
Price to earnings (TTM)
35.09
Price to revenue (TTM)
1.36
Price to book
1.22
Price to tangible book (TTM)
1.53
Price to free cash flow (TTM)
-7.07
Dividend yield (TTM)
1.65%
Growth
Revenue change (TTM)
-4.27%
Earnings per share change (TTM)
-91.13%
3-year revenue growth
37.66%
3-year earnings per share growth
-6.19%
3-year dividend per share growth
1.17%
What the Analysts think about Albemarle
Analyst Ratings
Majority rating from 28 analysts.
Albemarle Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.4B
-42.25%
Net income
$2.4M
-100.39%
Profit margin
0.17%
-100.65%
Albemarle Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$7.33
$2.74
$1.85
$0.26
-
Expected
$4.44
$3.99
$1.01
$0.27
$0.64
Surprise
65.20%
-31.30%
83.45%
-2.33%
-
Albemarle News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Albemarle stock?
Albemarle (ALB) has a market cap of $11B as of July 03, 2024.
What is the P/E ratio for Albemarle stock?
The price to earnings (P/E) ratio for Albemarle (ALB) stock is 35.09 as of July 03, 2024.
Does Albemarle stock pay dividends?
Yes, the Albemarle (ALB) stock pays dividends to shareholders. As of July 03, 2024, the dividend rate is $1.6 and the yield is 1.65%. Albemarle has a payout ratio of 55.67% on a trailing twelve-month basis.
When is the next Albemarle dividend payment date?
The next Albemarle (ALB) dividend payment date is unconfirmed.
What is the beta indicator for Albemarle?
Albemarle (ALB) has a beta rating of 1.61. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
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