Albemarle Corporation
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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.
It is a $12.0B materials company. Revenue grew 18.3% over the last year, it keeps 4¢ of every dollar of sales as profit, and its net debt equals ~1.1 years of free cash flow. It trades at 53.3× earnings.
- Website
- albemarle.com
- Location
- Charlotte, NC
- Employees
- 7 800
- Sector
- Basic Materials
- Founded
- 1887
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth, Profitability and Moat lag behind.
Valuation85
- P/E vs own history35th pct · 20/25
- FCF yield11.2% · 25/25
- P/S2.0x · 20/25
- EV/EBITDA12.7x · 20/25
Growth45
- Revenue CAGR11.5% · 20/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth407.4% · 25/25
Profitability16
- ROIC-4.6% · 0/25
- ROE2.3% · 5/25
- Net margin3.8% · 6/25
- Operating margin5.3% · 5/25
Health63
- Altman Z2.50 · 18/25
- Current ratio2.09 · 25/25
- Interest coverage-1.3x · 0/25
- Net cash / debtD/A 9% · 20/25
Quality77
- Piotroski F5/9 · 15/25
- Beneish M-3.38 · 25/25
- FCF conversion599% · 25/25
- Margin stabilityσ 14.0% · 12/25
Moat19
- ROIC >12% years3/10 yrs · 6/25
- Median gross margin33.4% · 13/25
- FCF-positive years3/10 yrs · 0/25
- Worst-year net marginworst -21.9% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- 2023ProductAlbemarle Corporation launched the Ketjen subsidiary
- FY2022FinancialBest year on record$2.69B net income
- FY2016FinancialFirst recorded profitable year$644M net income
- FY2016FinancialRevenue already above $1B$2.68B in first reported year
- 2015AcquisitionAlbemarle acquired Rockwood Holdings for $6.2 billion in stock
- 2009ProductAlbemarle and TAYF, an affiliate of SABIC, created a catalysts joint venture to build a world-scale…
- 2006ProductIn partnership with UOP, a subsidiary of Honeywell, Albemarle created the Hydroprocessing Alliance to…
- 2003AcquisitionIt acquired the fuel and lubricant antioxidants business of Ethyl Corporation
- 2000AcquisitionThe company acquired Ferro Corporation's PYRO-CHEK flame retardant business
- 2000ProductThe company launched PolymerAdditives.com, a business-to-business internet joint venture with Cytec…
- 1998AcquisitionThe company bought a custom manufacturing and oilfield chemicals plant in Teesport, England
- 1994MilestoneEthyl Corporation completed the corporate spin-off of its chemical businesses to form Albemarle…
- 1887FoundedAlbemarle Paper Manufacturing Company was founded in Richmond, Virginia
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Revenue growing 18.3% year over year
- Strong cash conversion — FCF is 22.7% of revenue
- Could repay net debt from ~0.3 years of free cash flow
Watch-outs
- Thin interest coverage (-1.3×)
- Loss-making in 2 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+18.3% YoY
- Profitable — makes more than it spends$224M TTM
- Profit growing — earnings are higher than last year+56.7% YoY
- Generates cash — cash left after running and investing$1.34B TTM
- Debt under control — could handle its obligations~1.1y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$12.0B market cap
- Not printing shares — share count not ballooning — you keep your slice+10.2% shares over ~5y
- Proven track record — years of profitability behind it8/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 2.5 — grey
- Pays a dividend — returns cash to shareholdersyield 2.99%
- Valuation not extreme — price not wildly above earningsP/E 53.3
Peer comparisonAlbemarle Corporation vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| ALB this company | $12.0B | 53.3 | +18.3% | 3.8% | Solid |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| B Barrick Mining Corporation | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
Head-to-head: ALB vs LIN · ALB vs SCCO · ALB vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/ALB
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of ALB on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $101.41 · market cap $12.0B.