Albemarle Corporation
General ticker "ALB" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $12.1B
Albemarle Corporation does not follow the US Stock Market performance with the rate: -13.7%.
Estimated limits based on current volatility of 2.2%: low 87.61$, high 91.53$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-13, amount 0.41$ (Y1.84%)
- US accounted for 9.7% of revenue in the fiscal year ended 2023-12-31
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [92.31$, 164.23$]
- 2024-12-30 to 2025-12-30 estimated range: [91.79$, 160.20$]
Financial Metrics affecting the ALB estimates:
- Positive: Non-GAAP EPS, $ of 22.24 > 2.29
- Positive: 1.03 < Operating profit margin, % of 2.60
- Negative: Industry inventory ratio change (median), % of 0.71 > 0.49
- Negative: Interest expense per share, $ of 0.99 > 0.74
- Positive: Return on assets ratio (scaled to [-100,100]) of 8.38 > 7.10
- Negative: Industry operating profit margin (median), % of 6.58 <= 6.82
- Positive: 7.18 < Operating cash flow per share per price, % of 8.49
Short-term ALB quotes
Long-term ALB plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $3,623.93MM | $7,311.70MM | $9,688.39MM |
| Operating Expenses | $2,825.49MM | $4,841.64MM | $9,436.51MM |
| Operating Income | $798.43MM | $2,470.06MM | $251.88MM |
| Non-Operating Income | $-664.82MM | $-36.62MM | $-5.14MM |
| Interest Expense | $61.48MM | $122.97MM | $116.07MM |
| R&D Expense | $54.03MM | $71.98MM | $85.72MM |
| Income(Loss) | $133.62MM | $2,433.44MM | $246.74MM |
| Taxes | $29.45MM | $390.59MM | $430.28MM |
| Other Income(Loss) | $95.77MM | $772.27MM | $1,854.08MM |
| Profit(Loss) | $199.94MM | $2,815.13MM | $1,670.54MM |
| Stockholders Equity | $5,625.27MM | $7,982.63MM | $9,412.18MM |
| Inventory | $812.92MM | $2,076.03MM | $2,161.29MM |
| Assets | $10,974.12MM | $15,456.52MM | $18,270.65MM |
| Operating Cash Flow | $344.26MM | $1,907.85MM | $1,325.32MM |
| Capital expenditure | $953.67MM | $1,261.65MM | $2,149.28MM |
| Investing Cash Flow | $-666.59MM | $-1,422.65MM | $-2,781.16MM |
| Financing Cash Flow | $50.21MM | $611.89MM | $623.91MM |
| Earnings Per Share* | $1.07 | $17.44 | $13.41 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.