StockCV
Albemarle Corporation logo

Albemarle Corporation

Plastic Materials, Synth Resins & Nonvulcan Elastomers

$101.41
-0.68%
Market cap $12.0B

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.

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.

Valuation85Growth45Profitability16Health63Quality77Moat19

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

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. 2023Product
    Albemarle Corporation launched the Ketjen subsidiary
  2. FY2022Financial
    Best year on record
    $2.69B net income
  3. FY2016Financial
    First recorded profitable year
    $644M net income
  4. FY2016Financial
    Revenue already above $1B
    $2.68B in first reported year
  5. 2015Acquisition
    Albemarle acquired Rockwood Holdings for $6.2 billion in stock
  6. 2009Product
    Albemarle and TAYF, an affiliate of SABIC, created a catalysts joint venture to build a world-scale…
  7. 2006Product
    In partnership with UOP, a subsidiary of Honeywell, Albemarle created the Hydroprocessing Alliance to…
  8. 2003Acquisition
    It acquired the fuel and lubricant antioxidants business of Ethyl Corporation
  9. 2000Acquisition
    The company acquired Ferro Corporation's PYRO-CHEK flame retardant business
  10. 2000Product
    The company launched PolymerAdditives.com, a business-to-business internet joint venture with Cytec…
  11. 1998Acquisition
    The company bought a custom manufacturing and oilfield chemicals plant in Teesport, England
  12. 1994Milestone
    Ethyl Corporation completed the corporate spin-off of its chemical businesses to form Albemarle…
  13. 1887Founded
    Albemarle Paper Manufacturing Company was founded in Richmond, Virginia

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$4 426 today — price return only
$5.1B revenue in FY2025
Revenue up 18.3% year over year
7 800 employees

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.

9 of 11 checks passed
  • Revenue growing+18.3% YoY
  • Profitable$224M TTM
  • Profit growing+56.7% YoY
  • Generates cash$1.34B TTM
  • Debt under control~1.1y of cash flow to repay
  • Established company$12.0B market cap
  • Not printing shares+10.2% shares over ~5y
  • Proven track record8/10 profitable years
  • Financially stableAltman Z 2.5 — grey
  • Pays a dividendyield 2.99%
  • Valuation not extremeP/E 53.3
Peer comparisonAlbemarle Corporation vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
ALB this company$12.0B53.3+18.3%3.8%Solid
LIN Linde plc Ordinary Share$223.2B30.8+6.6%20.4%Solid
SCCO Southern Copper Corporation$176.8B31.2+32.8%35.9%Strong
NEM Newmont Corporation$124.2B14.4+25.2%33.4%Strong
FCX Freeport-McMoran Inc.$105.8B35.9+0.2%11.4%Strong
AEM Agnico Eagle Mines Ltd.$95.8B15.9+43.7%37.5%Strong
B Barrick Mining Corporation$67.5B10.1+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.

Strong buy 6Buy 12Hold 9

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of ALB on PreMarketPrice

Figures 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.