Financials data is unavailable for this security.
View more
Year on year Albemarle Corp had net income fall -41.50% from 2.69bn to 1.57bn despite a 31.38% increase in revenues from 7.32bn to 9.62bn. An increase in the cost of goods sold as a percentage of sales from 57.95% to 87.55% was a component in the falling net income despite rising revenues.
| Gross margin | 12.45% |
|---|---|
| Net profit margin | -1.91% |
| Operating margin | 2.65% |
| Return on assets | -1.09% |
|---|---|
| Return on equity | 18.09% |
| Return on investment | -1.36% |
More ▼
Cash flow in USDView more
In 2023, cash reserves at Albemarle Corp fell by 609.24m. However, the company earned 1.33bn from its operations for a Cash Flow Margin of 13.78%. In addition the company generated 623.91m cash from financing while 2.78bn was spent on investing.
| Cash flow per share | 2.09 |
|---|---|
| Price/Cash flow per share | 54.98 |
| Book value per share | 80.20 |
|---|---|
| Tangible book value per share | 64.08 |
More ▼
Balance sheet in USDView more
| Current ratio | 1.47 |
|---|---|
| Quick ratio | 0.8582 |
| Total debt/total equity | 0.4427 |
|---|---|
| Total debt/total capital | 0.3012 |
More ▼
Growth rates in USD
Year on year, growth in dividends per share increased 26.67% while earnings per share excluding extraordinary items fell by -41.49%. The positive trend in dividend payments is noteworthy since only some companies in the Chemical Manufacturing industry pay a dividend. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.
| Div yield(5 year avg) | 1.15% |
|---|---|
| Div growth rate (5 year) | 8.53% |
| Payout ratio (TTM) | 11.93% |
| EPS growth(5 years) | 17.56 |
|---|---|
| EPS (TTM) vs TTM 1 year ago | -41.57 |
More ▼
