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Albemarle (ALB)

(Delayed Data from NYSE)

$116.88 USD

116.88
1,721,994

+1.90 (1.65%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $116.89 +0.01 (0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value F Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (93 out of 252)

Industry: Chemical - Diversified

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Better trading starts here.

Balance Sheet

Research for ALB

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Albemarle Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 890 1,499 439 747 613
Receivables 1,722 1,377 623 593 680
Notes Receivable 0 0 0 0 0
Inventories 2,161 2,076 813 750 769
Other Current Assets 443 235 133 116 163
Total Current Assets 5,217 5,187 2,008 2,206 2,225
Net Property & Equipment 9,495 6,963 5,910 5,355 4,909
Investments & Advances 1,370 1,151 898 656 580
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 1,892 1,906 1,907 2,015 1,933
Deposits & Other Assets 297 251 252 219 213
Total Assets 18,271 15,457 10,974 10,451 9,861
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 2,088 2,052 648 483 574
Current Portion Long-Term Debt 626 2 390 805 187
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 545 506 763 441 553
Income Taxes Payable 255 135 28 32 32
Other Current Liabilities 47 46 45 41 39
Total Current Liabilities 3,560 2,741 1,874 1,802 1,409
Mortgages 0 0 0 0 0
Deferred Taxes/Income 558 481 353 395 398
Convertible Debt 0 0 0 0 0
Long-Term Debt 3,541 3,215 2,004 2,767 2,863
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 946 829 937 1,018 1,098
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 8,606 7,266 5,169 5,982 5,767
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 2,953 2,941 2,920 1,438 1,383
Retained Earnings 6,987 5,601 3,097 3,155 2,943
Other Equity -276 -352 -212 -126 -234
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 9,665 8,191 5,806 4,469 4,094
Total Liabilities & Shareholder's Equity 18,271 15,457 10,974 10,451 9,861
Total Common Equity 9,665 8,191 5,806 4,469 4,094
Shares Outstanding 117.30 117.10 116.90 106.40 106.00
Book Value Per Share 82.40 69.95 49.66 42.00 38.62

Fiscal Year End for Albemarle Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 890 1,602 1,600 1,587
Receivables NA 1,722 1,708 1,771 1,664
Notes Receivable NA 0 0 0 0
Inventories NA 2,161 3,404 3,659 3,181
Other Current Assets NA 443 412 425 226
Total Current Assets NA 5,217 7,126 7,455 6,658
Net Property & Equipment NA 9,495 8,309 7,855 7,353
Investments & Advances NA 1,370 1,254 1,621 1,391
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 1,892 1,867 1,909 1,919
Deposits & Other Assets NA 297 329 270 243
Total Assets NA 18,271 18,883 19,110 17,564
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 2,088 2,607 3,052 2,771
Current Portion Long-Term Debt NA 626 162 6 2
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 545 689 673 403
Income Taxes Payable NA 255 436 513 282
Other Current Liabilities NA 47 47 47 47
Total Current Liabilities NA 3,560 3,942 4,292 3,505
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 558 290 328 486
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 3,541 3,496 3,509 3,233
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 994 893 880
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 8,606 8,721 9,022 8,105
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 2,953 2,946 2,936 2,932
Retained Earnings NA 6,987 7,652 7,396 6,793
Other Equity NA -276 -436 -245 -267
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 9,665 10,162 10,088 9,459
Total Liabilities & Shareholder's Equity NA 18,271 18,883 19,110 17,564
Total Common Equity 0 9,665 10,162 10,088 9,459
Shares Outstanding 117.50 117.30 117.30 117.30 117.30
Book Value Per Share 0.00 82.40 86.64 86.00 80.64