ALB - Albemarle Corporation Stock Analysis | Stock Taper
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Albemarle Corporation

ALB

Albemarle Corporation NYSE
$178.67 -3.39% (-6.26)

Market Cap $21.06 B
52w High $206.00
52w Low $49.43
Dividend Yield 1.22%
Frequency Quarterly
P/E -31.07
Volume 2.40M
Outstanding Shares 117.85M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $1.43B $154.48M $-414.18M -29% $-3.87 $211.96M
Q3-2025 $1.31B $148.07M $-160.69M -12.29% $-1.72 $134.03M
Q2-2025 $1.33B $143.13M $22.9M 1.72% $-0.16 $222.47M
Q1-2025 $1.08B $136.86M $41.35M 3.84% $-0 $181.19M
Q4-2024 $1.23B $153.72M $75.29M 6.11% $0.29 $147.6M

What's going well?

Revenue grew 9% and gross profit jumped 72%, showing the core business is recovering. Operating income turned positive after a loss last quarter, and cost control is improving.

What's concerning?

Net loss more than doubled due to large 'other' expenses and a big tax charge, which wiped out operating gains. The company remains unprofitable overall, and earnings are distorted by non-core items.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $1.62B $16.37B $6.59B $9.53B
Q3-2025 $1.93B $17.15B $6.88B $10B
Q2-2025 $1.81B $17.29B $6.79B $10.24B
Q1-2025 $1.52B $17B $6.72B $10.03B
Q4-2024 $1.19B $16.61B $6.41B $9.96B

What's financially strong about this company?

Debt is falling, inventory is being managed well, and the company has a strong equity base. Most assets are tangible, and working capital is efficient.

What are the financial risks or weaknesses?

Cash reserves are shrinking, and book value per share is down. Equity and total assets both declined this quarter, which could be a warning sign if the trend continues.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-401.76M $388.49M $-176.64M $-533.02M $-313.76M $233.1M
Q3-2025 $-147.94M $355.6M $-152.98M $-90.53M $124.93M $223.44M
Q2-2025 $35.19M $-7.2M $362.92M $-90.63M $288.32M $-126.83M
Q1-2025 $49.3M $545.38M $-179.3M $-120.01M $326.28M $362.76M
Q4-2024 $85.11M $674K $-327.81M $-92.88M $-472.29M $-355.05M

What's strong about this company's cash flow?

ALB produces real cash from its business, with $388 million in operating cash flow and $233 million in free cash flow this quarter. The company is paying down debt and can easily cover its dividend.

What are the cash flow concerns?

Net losses are growing, and much of the cash flow boost came from working capital changes that may not last. Cash on hand fell by $314 million, which could be a warning sign if the trend continues.

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Energy Storage
Energy Storage
$520.00M $720.00M $710.00M $760.00M
Ketjen
Ketjen
$230.00M $260.00M $250.00M $320.00M
Specialties
Specialties
$320.00M $350.00M $340.00M $350.00M

Q4 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Albemarle Corporation's financial evolution and strategic trajectory over the past five years.

+ Strengths

Albemarle combines a strong strategic footprint in high‑growth lithium markets with established positions in bromine and catalysts. Historically it has shown the ability to achieve very high margins and strong operating cash flow when market conditions are favorable. The company controls valuable, diversified resource assets, benefits from vertical integration and scale, and supports these with a broad patent portfolio and active R&D program. Its substantial past investments in capacity and technology, if well utilized, provide a platform for future volume growth and product differentiation.

! Risks

The most recent financial data highlight significant risks. Revenue and margins have fallen sharply from their peak, and the company is now loss‑making at the bottom line. The dramatic reported shrinkage in assets, equity, cash, and debt in 2025 suggests either a major restructuring or data/measurement issues; in any case, it raises questions about current balance‑sheet strength and business scope. Albemarle remains highly exposed to volatile commodity prices, regulatory and ESG pressures on mining and chemicals, and intense competition in global lithium markets. Heavy capital spending and ambitious R&D projects add execution and funding risk, particularly during periods of weak profitability.

Outlook

Albemarle’s long‑term prospects are closely tied to the global adoption of electric vehicles, grid‑scale storage, and advanced electronics—secular trends that still appear favorable for lithium and high‑purity specialty chemicals. If the company can stabilize margins, effectively ramp its new capacity, and monetize its innovation pipeline, its structural advantages could once again translate into strong financial performance. However, the path from the current downturn to a more normalized earnings and balance‑sheet profile is uncertain and likely to be bumpy, given commodity cycles and the apparent need to digest past expansion. A clear understanding of the latest official financial statements and strategic updates will be essential to gauge how Albemarle is navigating this transition.