ALB RSI Chart
Last 7 days
6.6%
Last 30 days
3.4%
Last 90 days
15.4%
Trailing 12 Months
-31.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 8.4B | 0 | 0 | 0 |
2023 | 8.8B | 9.7B | 9.9B | 9.6B |
2022 | 3.6B | 4.3B | 5.6B | 7.3B |
2021 | 3.2B | 3.2B | 3.3B | 3.3B |
2020 | 3.5B | 3.4B | 3.2B | 3.1B |
2019 | 3.4B | 3.4B | 3.5B | 3.6B |
2018 | 3.2B | 3.3B | 3.3B | 3.4B |
2017 | 2.7B | 2.8B | 2.9B | 3.1B |
2016 | 2.8B | 2.7B | 2.7B | 2.7B |
2015 | 2.5B | 2.7B | 2.7B | 2.8B |
2014 | 2.4B | 2.4B | 2.5B | 2.4B |
2013 | 2.4B | 2.4B | 2.4B | 2.4B |
2012 | 2.8B | 2.7B | 2.6B | 2.5B |
2011 | 2.5B | 2.6B | 2.8B | 2.9B |
2010 | 2.1B | 2.2B | 2.3B | 2.4B |
2009 | 0 | 2.3B | 2.2B | 2.0B |
2008 | 0 | 0 | 0 | 2.5B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 28, 2024 | norris eric | sold (taxes) | -98,120 | 132 | -743 | president, energy storage |
Feb 28, 2024 | norris eric | acquired | - | - | 1,680 | president, energy storage |
Feb 28, 2024 | fourie jacobus g. | acquired | - | - | 917 | chief capital projects officer |
Feb 28, 2024 | johnson netha n. | sold (taxes) | -98,120 | 132 | -743 | president, specialties |
Feb 28, 2024 | fourie jacobus g. | sold (taxes) | -53,616 | 132 | -406 | chief capital projects officer |
Feb 28, 2024 | barichivich john clarence iii | acquired | - | - | 535 | vp, controller & cao |
Feb 28, 2024 | johnson netha n. | acquired | - | - | 1,680 | president, specialties |
Feb 28, 2024 | barichivich john clarence iii | sold (taxes) | -20,733 | 132 | -157 | vp, controller & cao |
Feb 26, 2024 | norris eric | sold (taxes) | -154,087 | 121 | -1,268 | president, energy storage |
Feb 26, 2024 | lima cynthia renee | acquired | - | - | 753 | svp, ext. affairs & comm. |
Which funds bought or sold ALB recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | Jade Capital Advisors, LLC | new | - | 922,180 | 922,180 | 0.67% |
May 10, 2024 | Global Wealth Management Investment Advisory, Inc. | sold off | -100 | -39,876 | - | -% |
May 10, 2024 | INTECH INVESTMENT MANAGEMENT LLC | reduced | -93.26 | -16,739,900 | 1,096,600 | 0.01% |
May 10, 2024 | Resurgent Financial Advisors LLC | sold off | -100 | -56,555 | - | -% |
May 10, 2024 | CIBC Private Wealth Group, LLC | reduced | -30.27 | -4,433,640 | 7,340,140 | 0.01% |
May 10, 2024 | VISTA FINANCE, LLC | reduced | -6.95 | -82,969 | 463,809 | 1.16% |
May 10, 2024 | Jacobi Capital Management LLC | added | 26.25 | 101,786 | 775,481 | 0.07% |
May 10, 2024 | Pacer Advisors, Inc. | added | 3.99 | -79,157 | 1,449,010 | -% |
May 10, 2024 | GROUP ONE TRADING, L.P. | reduced | -58.97 | -10,696,200 | 6,393,610 | 0.03% |
May 10, 2024 | Kepos Capital LP | reduced | -24.22 | -77,000 | 172,000 | 0.04% |
Unveiling Albemarle Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Albemarle Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APD | 55.8B | 12.2B | 22.58 | 4.59 | ||||
DOW | 41.9B | 43.5B | 33 | 0.96 | ||||
CE | 17.6B | 10.7B | 8.86 | 1.65 | ||||
AVTR | 16.8B | 6.9B | 64.71 | 2.45 | ||||
ALB | 15.7B | 8.4B | 46.53 | 1.87 | ||||
EMN | 11.9B | 9.1B | 12.86 | 1.31 | ||||
MID-CAP | ||||||||
CBT | 5.6B | 3.9B | 12.6 | 1.44 | ||||
BCPC | 5.0B | 929.6M | 43.78 | 5.41 | ||||
AVNT | 4.2B | 3.1B | 39.61 | 1.33 | ||||
ARCH | 2.9B | 3.0B | 9.16 | 0.99 | ||||
SMALL-CAP | ||||||||
CCF | 1.2B | 404.0M | 36.59 | 3 | ||||
ASIX | 658.4M | 1.5B | 289.66 | 0.45 | ||||
CMT | 179.3M | 336.4M | 9.84 | 0.53 | ||||
AREC | 104.5M | 16.7M | -8.83 | 6.24 | ||||
AMRS | 3.7M | - | -0.01 | 0.01 |
Albemarle Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -42.2% | 1,361 | 2,356 | 2,311 | 2,370 | 2,580 | 2,621 | 2,092 | 1,480 | 1,128 | 894 | 831 | 774 | 829 | 879 | 747 | 764 | 739 | 993 | 880 | 885 | 832 |
Cost Of Revenue | -56.8% | 1,322 | 3,060 | 2,256 | 1,812 | 1,304 | 1,620 | 1,048 | 899 | 679 | 658 | 581 | 525 | 566 | 614 | 493 | 531 | 497 | 654 | 570 | 559 | 549 |
Gross Profit | 105.5% | 39.00 | -704 | 55.00 | 558 | 1,277 | 1,001 | 1,044 | 580 | 449 | 237 | 249 | 248 | 264 | 265 | 254 | 233 | 242 | 339 | 310 | 326 | 283 |
S&GA Expenses | 0.3% | 195 | 194 | 174 | 397 | 154 | 148 | 134 | 129 | 113 | 123 | 103 | 122 | 93.00 | 125 | 96.00 | 107 | 102 | 185 | 108 | 127 | 113 |
R&D Expenses | 3.4% | 24.00 | 23.00 | 21.00 | 21.00 | 20.00 | 20.00 | 18.00 | 17.00 | 16.00 | 12.00 | 13.00 | 14.00 | 15.00 | 15.00 | 14.00 | 14.00 | 16.00 | 14.00 | 16.00 | 13.00 | 15.00 |
EBITDA Margin | -203.6% | -0.07* | 0.07* | 0.25* | 0.36* | 0.42* | 0.38* | 0.34* | 0.11* | 0.17* | 0.13* | 0.14* | 0.34* | - | - | - | - | - | - | - | - | - |
Income Taxes | -103.1% | -3.72 | 119 | -8.55 | 43.00 | 277 | 24.00 | 197 | 89.00 | 81.00 | 15.00 | -114 | 107 | 22.00 | -10.10 | 31.00 | 15.00 | 18.00 | -5.11 | 25.00 | 30.00 | 38.00 |
Earnings Before Taxes | 81.8% | -167 | -920 | -158 | 168 | 1,157 | 863 | 869 | 401 | 300 | -8.06 | -516 | 535 | 123 | 48.00 | 122 | 88.00 | 115 | 78.00 | 164 | 167 | 154 |
EBT Margin | -600.5% | -0.13* | 0.03* | 0.21* | 0.32* | 0.38* | 0.33* | 0.28* | 0.04* | 0.09* | 0.04* | 0.06* | 0.26* | - | - | - | - | - | - | - | - | - |
Net Income | 100.4% | 2.00 | -617 | 303 | 650 | 1,239 | 1,132 | 897 | 407 | 253 | -3.82 | -392 | 425 | 96.00 | 85.00 | 98.00 | 86.00 | 107 | 90.00 | 155 | 154 | 134 |
Net Income Margin | -75.4% | 0.04* | 0.16* | 0.34* | 0.41* | 0.42* | 0.37* | 0.28* | 0.06* | 0.08* | 0.04* | 0.06* | 0.22* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 38.5% | -481 | -782 | 83.00 | -429 | 305 | 507 | 582 | -416 | -25.52 | -447 | -151 | 11.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 4.2% | 19,032 | 18,271 | 18,883 | 19,110 | 17,564 | 15,457 | 13,829 | 12,520 | 11,416 | 10,974 | 10,832 | 10,797 | 10,290 | 10,451 | 10,232 | 10,170 | 9,848 | 9,861 | 8,142 | 8,094 | 7,871 |
Current Assets | 11.6% | 5,823 | 5,217 | 7,126 | 7,455 | 6,658 | 5,187 | 4,297 | 3,350 | 2,336 | 1,994 | 2,078 | 2,151 | 2,009 | 2,206 | 2,227 | 2,292 | 2,155 | 2,225 | 1,970 | 2,037 | 1,987 |
Cash Equivalents | 131.0% | 2,056 | 890 | 1,602 | 1,600 | 1,587 | 1,499 | 1,383 | 931 | 463 | 439 | 595 | 824 | 570 | 747 | 702 | 737 | 553 | 613 | 318 | 398 | 465 |
Inventory | -11.9% | 1,905 | 2,161 | 3,404 | 3,659 | 3,181 | 2,076 | 1,614 | 1,216 | 1,014 | 799 | 746 | 733 | 686 | 750 | 828 | 851 | 854 | 769 | 802 | 814 | 756 |
Net PPE | 2.7% | 9,756 | 9,495 | 8,309 | 7,855 | 7,353 | 6,963 | 6,425 | 6,208 | 6,029 | 5,910 | 5,655 | 5,511 | 5,390 | 5,355 | 5,243 | 5,136 | 5,026 | 4,909 | 3,524 | 3,391 | 3,170 |
Goodwill | -1.0% | 1,614 | 1,630 | 1,606 | 1,635 | 1,634 | 1,618 | 1,468 | 1,543 | 1,576 | 1,598 | 1,623 | 1,641 | 1,629 | 1,666 | 1,603 | 1,571 | 1,559 | 1,579 | 1,534 | 1,566 | 1,561 |
Current Liabilities | -42.4% | 2,051 | 3,560 | 3,942 | 4,292 | 3,505 | 2,741 | 2,488 | 1,782 | 2,103 | 1,874 | 1,591 | 985 | 953 | 1,802 | 1,613 | 1,421 | 1,193 | 1,409 | 1,421 | 1,400 | 1,278 |
Long Term Debt | -0.6% | 3,519 | 3,541 | 3,496 | 3,509 | 3,233 | 3,215 | 3,119 | 3,206 | 1,986 | 2,004 | 2,021 | 2,044 | 2,030 | 2,767 | 2,941 | 3,132 | 3,105 | 2,863 | 1,382 | 1,398 | 1,394 |
LT Debt, Current | -99.2% | 5.00 | 626 | 162 | 6.00 | 2.00 | 2.00 | 251 | 251 | 504 | 390 | 1.00 | 1.00 | 1.00 | 805 | 604 | 406 | 36.00 | 187 | 540 | 491 | 426 |
LT Debt, Non Current | -100.0% | - | 3,541 | 3,496 | 3,509 | 3,233 | 3,215 | 3,119 | 3,206 | 1,986 | 2,004 | 2,021 | 2,044 | 2,030 | 2,767 | 2,941 | 3,132 | 3,105 | 2,863 | 1,382 | 1,398 | 1,394 |
Shareholder's Equity | 25.4% | 11,800 | 9,412 | 9,898 | 10,088 | 9,459 | 7,983 | 6,965 | 6,301 | 6,035 | 5,806 | 5,895 | 6,366 | 5,943 | 4,469 | 4,325 | 4,206 | 4,042 | 4,094 | 4,008 | 3,974 | 3,864 |
Retained Earnings | -0.8% | 6,931 | 6,987 | 7,652 | 7,396 | 6,793 | 5,601 | 4,515 | 3,664 | 3,304 | 3,097 | 3,146 | 3,584 | 3,205 | 3,155 | 3,112 | 3,054 | 3,010 | 2,943 | 2,892 | 2,776 | 2,661 |
Additional Paid-In Capital | 0.3% | 2,963 | 2,953 | 2,946 | 2,936 | 2,932 | 2,941 | 2,934 | 2,927 | 2,915 | 2,920 | 2,913 | 2,908 | 2,890 | 1,438 | 1,411 | 1,400 | 1,394 | 1,383 | 1,379 | 1,373 | 1,368 |
Accumulated Depreciation | 3.4% | 2,832 | 2,739 | 2,621 | 2,542 | 2,477 | 2,391 | 2,289 | 2,257 | 2,210 | 2,165 | 2,128 | 2,086 | 2,043 | 2,073 | 2,042 | 2,003 | 1,948 | 1,908 | 1,882 | 1,858 | 1,813 |
Shares Outstanding | 0.1% | 118 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 116 | 117 | 117 | - | - | - | - | - | - | - | - | - |
Minority Interest | 5.5% | 267 | 253 | 265 | 273 | 246 | 208 | 232 | 216 | 208 | 180 | 201 | 200 | 196 | 200 | 201 | 182 | 164 | 161 | 172 | 174 | 192 |
Float | - | - | - | - | 26,200 | - | - | - | 24,500 | - | - | - | 19,700 | - | - | - | 8,200 | - | - | - | 7,500 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 199.7% | 98.00 | -98.22 | 629 | 74.00 | 721 | 952 | 895 | -145 | 206 | -146 | 105 | 228 | 158 | 337 | 254 | 53.00 | 155 | 374 | 146 | 144 | 55.00 |
Share Based Compensation | 31.6% | 9.00 | 7.00 | 9.00 | 9.00 | 11.00 | 6.00 | 9.00 | 11.00 | 4.00 | 5.00 | 6.00 | 6.00 | 3.00 | 7.00 | 6.00 | 7.00 | 3.00 | 5.00 | 5.00 | 5.00 | 6.00 |
Cashflow From Investing | 53.6% | -494 | -1,065 | -662 | -513 | -539 | -609 | -313 | -271 | -228 | -307 | -256 | 73.00 | -174 | -220 | -202 | -205 | -234 | -1,064 | -192 | -199 | -207 |
Cashflow From Financing | 292.3% | 1,557 | 397 | 100 | 246 | -118 | -299 | -65.28 | 919 | 58.00 | 309 | -63.90 | -51.28 | -143 | -101 | -95.85 | 324 | 51.00 | 987 | -6.72 | -13.29 | 75.00 |
Dividend Payments | -100.0% | - | 47.00 | 47.00 | 47.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 41.00 | 41.00 | 41.00 | 41.00 | 39.00 | 39.00 | 39.00 | 39.00 | 35.00 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |||
Income Statement [Abstract] | ||||
Net sales | $ 1,360,736 | $ 2,580,252 | ||
Cost of goods sold | [1] | 1,321,798 | 1,303,712 | |
Gross profit | 38,938 | 1,276,540 | ||
Selling, general and administrative expenses | 194,912 | 154,306 | ||
Research and development expenses | 23,532 | 20,471 | ||
Operating (loss) profit | (179,506) | 1,101,763 | ||
Interest and financing expenses | (37,969) | (26,777) | ||
Other income, net | 49,901 | 82,492 | ||
(Loss) income before income taxes and equity in net income of unconsolidated investments | (167,574) | 1,157,478 | ||
Income tax (benefit) expense | (3,721) | 276,963 | ||
(Loss) income before equity in net income of unconsolidated investments | (163,853) | 880,515 | ||
Equity in net income of unconsolidated investments (net of tax) | 180,500 | 396,188 | ||
Net income | 16,647 | 1,276,703 | ||
Net income attributable to noncontrolling interests | (14,199) | (38,123) | ||
Net income attributable to Albemarle Corporation | 2,448 | 1,238,580 | ||
Mandatory convertible preferred stock dividends | (11,584) | 0 | ||
Net (loss) income attributable to Albemarle Corporation common shareholders | $ (9,136) | $ 1,238,580 | ||
Basic (loss) earnings per share attributable to common shareholders (in dollars per share) | $ (0.08) | $ 10.57 | ||
Diluted (loss) earnings per share attributable to common shareholders (in dollars per share) | $ (0.08) | $ 10.51 | ||
Weighted-average common shares outstanding - basic (in shares) | 117,451 | 117,232 | ||
Weighted-average common shares outstanding - diluted (in shares) | 117,451 | 117,841 | ||
|
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 2,055,813 | $ 889,900 |
Trade accounts receivable, less allowance for doubtful accounts (2024 – $2,761; 2023 – $2,808) | 874,038 | 1,213,160 |
Other accounts receivable | 438,507 | 509,097 |
Inventories | 1,904,827 | 2,161,287 |
Other current assets | 549,540 | 443,475 |
Total current assets | 5,822,725 | 5,216,919 |
Property, plant and equipment, at cost | 12,587,763 | 12,233,757 |
Less accumulated depreciation and amortization | 2,831,728 | 2,738,553 |
Net property, plant and equipment | 9,756,035 | 9,495,204 |
Investments | 1,259,001 | 1,369,855 |
Other assets | 329,283 | 297,087 |
Goodwill | 1,613,534 | 1,629,729 |
Other intangibles, net of amortization | 251,755 | 261,858 |
Total assets | 19,032,333 | 18,270,652 |
Current liabilities: | ||
Accrued expenses | 454,600 | 544,835 |
Current portion of long-term debt | 5,076 | 625,761 |
Dividends payable | 58,354 | 46,666 |
Income taxes payable | 237,098 | 255,155 |
Total current liabilities | 2,050,696 | 3,560,462 |
Long-term debt | 3,519,453 | 3,541,002 |
Postretirement benefits | 26,382 | 26,247 |
Pension benefits | 145,067 | 150,312 |
Other noncurrent liabilities | 833,548 | 769,100 |
Deferred income taxes | 657,468 | 558,430 |
Commitments and contingencies (Note 6) | ||
Albemarle Corporation shareholders’ equity: | ||
Common stock, $.01 par value, authorized – $150,000 issued and outstanding – 117,527 in 2024 and 117,356 in 2023 | 1,175 | 1,174 |
Mandatory convertible preferred stock, Series A, no par value, $1,000 stated value, authorized – 15,000, issued and outstanding – 2,300 in 2024 and 0 in 2023 | 2,235,379 | 0 |
Additional paid-in capital | 2,962,585 | 2,952,517 |
Accumulated other comprehensive loss | (597,205) | (528,526) |
Retained earnings | 6,930,868 | 6,987,015 |
Total Albemarle Corporation shareholders’ equity | 11,532,802 | 9,412,180 |
Noncontrolling interests | 266,917 | 252,919 |
Total equity | 11,799,719 | 9,665,099 |
Total liabilities and equity | 19,032,333 | 18,270,652 |
Nonrelated Party | ||
Current liabilities: | ||
Accounts payable | 1,165,955 | 1,537,859 |
Related Party | ||
Current liabilities: | ||
Accounts payable | $ 129,613 | $ 550,186 |
 | Mr. Jerry Kent Masters Jr. |
---|---|
 | albemarle.com |
 | Chemicals |
 | 7400 |