Latest revenue
$1.43B
as of 2026-03-31
Latest net income
$319.1M
as of 2026-03-31
Net margin
22.3%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $20.24B
- Enterprise value
- $21.93B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- 2.02×
- Dividend yield
- 0.9%
- 52-wk high
- $221.00
- 52-wk low
- $53.70
- Beta
- —
- Shares out
- 117.9M
5-year trend
What this company does
Albemarle mines and processes lithium, bromine, and catalysts used in EV batteries, flame retardants, and oil refining. Sales of lithium compounds to battery makers drive the majority of revenue, with bromine specialties and refining catalysts as secondary segments. The company is bleeding from a lithium price collapse, posting a $96M nine-month net loss including a $181M goodwill impairment, while slashing capex from $1.3B to $434M and hoarding $1.9B cash to ride out the downcycle.
Generated from ALB's filing dated 2026-02-11
Key risks
- Continued losses: Q3 2025 net loss of $147.9M and YTD loss of $63.5M, with a fresh $181.1M goodwill impairment signaling further lithium-asset value deterioration.
- Heavy fixed costs against weak pricing: gross margin only 9% in Q3 2025 despite restructuring; $50.9M quarterly interest expense on $3.6B debt pressures cash flow.
- Preferred dividend drag: $125M YTD mandatory convertible preferred dividends plus $143M common dividends amid losses, eroding $364M from retained earnings.
Generated from ALB's filing dated 2026-02-11
Profitability
Gross margin
13.0%
1018.1%Operating margin
-7.1%
78.4%Net margin
-9.9%
54.7%Return on equity
-5.4%
54.8%Return on assets
-3.1%
56.1%Leverage
Debt / equity
0.72×
7.5%Long-term debt / equity
0.33×
4.5%Debt / assets
41.8%
4.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $1.43B | +32.7% | $319.1M | +671.7% | 22.3% |
Q4 2025 2025-12-31 | $1.43B | +15.9% | $-478.4M | -756.8% | -33.5% |
Q3 2025 2025-09-30 | $1.31B | -3.5% | $-96.4M | +91.0% | -7.4% |
Q2 2025 2025-06-30 | $1.33B | -7.0% | $22.9M | +112.3% | 1.7% |
Q1 2025 2025-03-31 | $1.08B | -20.9% | $41.3M | +1589.1% | 3.8% |
Q4 2024 2024-12-31 | $1.23B | — | $72.8M | — | 5.9% |
Q3 2024 2024-09-30 | $1.35B | -41.4% | $-1.07B | -453.3% | -78.9% |
Q2 2024 2024-06-30 | $1.43B | -39.7% | $-185.8M | -128.6% | -13.0% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Plastic Materials, Synth Resins & Nonvulcan Elastomers · SIC 2821
Your notes
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Insider activity
Insider buying
$0
Insider selling
$7.4M
Net activity
−$7.4M
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns ALB
Institutional value
$10.87B
Total shares held
62.3M
Distinct holders
697
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Capital World Investors | 9.8M | $1.77B | — | New |
| 2 | BlackRock, Inc. | 8.7M | $1.57B | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 7.7M | $1.38B | — | New |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.3M | $1.13B | — | New |
| 5 | PRIMECAP MANAGEMENT CO/CA/ | 2.7M | $478.4M | — | New |
| 6 | JPMORGAN CHASE & CO | 2.0M | $359.5M | — | New |
| 7 | Invesco Ltd. | 1.7M | $297.5M | — | New |
| 8 | DIMENSIONAL FUND ADVISORS LP | 1.1M | $193.7M | — | New |
| 9 | UBS Group AG | 1.1M | $189.7M | — | New |
| 10 | ProShare Advisors LLC | 948.2K | $170.2M | — | New |
| 11 | Bank of New York Mellon Corp | 858.2K | $154.1M | — | New |
| 12 | DEUTSCHE BANK AG\ | 801.4K | $143.9M | — | New |
| 13 | VANGUARD FIDUCIARY TRUST CO | 663.4K | $119.1M | — | New |
| 14 | SEI INVESTMENTS CO | 652.7K | $117.2M | — | New |
| 15 | Connor, Clark & Lunn Investment Management Ltd. | 556.5K | $99.9M | — | New |
| 16 | LPL Financial LLC | 514.5K | $92.4M | — | New |
| 17 | FRANKLIN RESOURCES INC | 484.0K | $86.9M | — | New |
| 18 | WELLS FARGO & COMPANY/MN | 446.3K | $80.1M | — | New |
| 19 | CITIGROUP INC | 409.0K | $73.4M | — | New |
| 20 | HB Wealth Management, LLC | 403.6K | $72.5M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With a $181M goodwill impairment this quarter and equity income collapsing from $696M to $203M YTD, which CGU was impaired and is further Talison/MARBL writedown likely?
- 2
Lithium prices remain depressed yet you're still paying $167M in preferred dividends annually—at what spot price do you cut the common dividend or convert preferred early?
- 3
Q3 gross margin recovered to 9% but COGS still includes $147M of related-party purchases—how much of that margin is sustainable versus inventory accounting tailwinds?
Refreshed when ALB files a new report · last from 2026-02-11