Albemarle Past Earnings Performance
Past criteria checks 1/6
Albemarle has been growing earnings at an average annual rate of 45.5%, while the Chemicals industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 26.2% per year. Albemarle's return on equity is 17.3%, and it has net margins of 16.4%.
Key information
45.5%
Earnings growth rate
43.0%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | 26.2% |
| Return on equity | 17.3% |
| Net Margin | 16.4% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Dirt Cheap: Why Albemarle Is My Favorite EV Stock In A Horrible Market
Apr 08At US$119, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?
Mar 27
Albemarle Is Losing Money, Lithium Market Turnaround Is Near (Rating Upgrade)
Mar 26Albemarle: When A Growth Stock Was A Cyclical Stock All Along (Rating Upgrade)
Mar 04Albemarle (NYSE:ALB) Is Due To Pay A Dividend Of $0.40
Feb 26Albemarle's (NYSE:ALB) Conservative Accounting Might Explain Soft Earnings
Feb 22Need To Know: Analysts Just Made A Substantial Cut To Their Albemarle Corporation (NYSE:ALB) Estimates
Feb 16Albemarle: It's Time To Look At Lithium
Feb 05Albemarle: Overvaluation Amid Current Headwinds
Jan 30Calculating The Intrinsic Value Of Albemarle Corporation (NYSE:ALB)
Jan 28Albemarle: There May Be More Pain
Jan 20We Think Albemarle (NYSE:ALB) Can Stay On Top Of Its Debt
Jan 15Albemarle: Take Advantage Of Lithium's Rocky Run
Jan 10Investors Don't See Light At End Of Albemarle Corporation's (NYSE:ALB) Tunnel
Jan 01Albemarle: Buy This Dirt-Cheap Dividend Aristocrat Before Everyone Else Does
Dec 15Rare Stock Picks In November 2023 - From 31 Discerning Analysts
Dec 07Is Now The Time To Look At Buying Albemarle Corporation (NYSE:ALB)?
Dec 06Albemarle: More Pain Short Term
Nov 29Returns Are Gaining Momentum At Albemarle (NYSE:ALB)
Nov 08I Recently Bought Albemarle Stock And Here Is My Strategy
Nov 07Is Albemarle Stock A Buy Amid Electric Car Market Expansion
Oct 27Albemarle (NYSE:ALB) Is Paying Out A Dividend Of $0.40
Oct 27Albemarle: Lithium Weakness Will Pass
Oct 19Albemarle: Bottoming And Heading Higher From Here
Oct 13Is Albemarle (NYSE:ALB) Using Too Much Debt?
Oct 09Albemarle: Bigger Is Not Always Better
Oct 02Is Now The Time To Put Albemarle (NYSE:ALB) On Your Watchlist?
Sep 25Albemarle: Top Of The Cycle, Bottom Of The Trough
Sep 14Albemarle's Big Purchase Sets It Up For Long-Term Success
Sep 06Should You Investigate Albemarle Corporation (NYSE:ALB) At US$190?
Aug 26Albemarle: The Gift Is Back As Shares Plunge
Aug 25We Like Albemarle's (NYSE:ALB) Returns And Here's How They're Trending
Jul 31Albemarle And SQM: These Amazing Stocks Entered High Quality And Bad Momentum Screener
Jul 31Albemarle Vs. SQM: Better Lithium Investment
Jul 25Albemarle: Shares Attractive On Valuation, But Bearish Technical Trends Seen
Jun 23Is Albemarle (NYSE:ALB) A Risky Investment?
Jun 19Albemarle: Great Growth Prospects, But Valuations Make It A Hold
May 23Here's Why Albemarle (NYSE:ALB) Has Caught The Eye Of Investors
May 23Albemarle (NYSE:ALB) Is Very Good At Capital Allocation
Apr 22Why Albemarle Corporation (NYSE:ALB) Could Be Worth Watching
Apr 10Here's Why Albemarle (NYSE:ALB) Can Manage Its Debt Responsibly
Mar 13Albemarle raises dividend by 1.3% to $0.40
Feb 23Albemarle: A Picks And Shovels Play (Literally) For The EV Revolution
Feb 07Industry Analysts Just Made A Captivating Upgrade To Their Albemarle Corporation (NYSE:ALB) Revenue Forecasts
Feb 01Albemarle: Just The Start
Jan 31Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Albemarle makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 9,617 | 1,573 | 644 | 86 |
| 30 Sep 23 | 9,882 | 3,324 | 569 | 83 |
| 30 Jun 23 | 9,663 | 3,918 | 530 | 80 |
| 31 Mar 23 | 8,773 | 3,675 | 483 | 76 |
| 31 Dec 22 | 7,320 | 2,690 | 439 | 72 |
| 30 Sep 22 | 5,593 | 1,554 | 393 | 64 |
| 30 Jun 22 | 4,332 | 264 | 365 | 59 |
| 31 Mar 22 | 3,626 | 281 | 363 | 55 |
| 31 Dec 21 | 3,328 | 124 | 333 | 54 |
| 30 Sep 21 | 3,313 | 212 | 450 | 57 |
| 30 Jun 21 | 3,229 | 703 | 439 | 58 |
| 31 Mar 21 | 3,219 | 364 | 418 | 58 |
| 31 Dec 20 | 3,129 | 376 | 427 | 59 |
| 30 Sep 20 | 3,242 | 382 | 411 | 58 |
| 30 Jun 20 | 3,375 | 438 | 430 | 60 |
| 31 Mar 20 | 3,496 | 507 | 453 | 59 |
| 31 Dec 19 | 3,589 | 533 | 470 | 58 |
| 30 Sep 19 | 3,519 | 572 | 440 | 60 |
| 30 Jun 19 | 3,417 | 547 | 432 | 61 |
| 31 Mar 19 | 3,385 | 695 | 417 | 64 |
| 31 Dec 18 | 3,375 | 694 | 415 | 70 |
| 30 Sep 18 | 3,311 | 346 | 410 | 75 |
| 30 Jun 18 | 3,288 | 335 | 416 | 80 |
| 31 Mar 18 | 3,172 | 135 | 421 | 81 |
| 31 Dec 17 | 3,072 | 55 | 420 | 79 |
| 30 Sep 17 | 2,911 | 315 | 431 | 77 |
| 30 Jun 17 | 2,810 | 302 | 416 | 75 |
| 31 Mar 17 | 2,742 | 282 | 396 | 78 |
| 31 Dec 16 | 2,677 | 442 | 355 | 79 |
| 30 Sep 16 | 2,703 | 560 | 303 | 82 |
| 30 Jun 16 | 2,742 | 510 | 297 | 84 |
| 31 Mar 16 | 2,791 | 468 | 299 | 86 |
| 31 Dec 15 | 2,826 | 302 | 300 | 89 |
| 30 Sep 15 | 2,702 | 124 | 397 | 89 |
| 30 Jun 15 | 2,652 | 149 | 382 | 89 |
| 31 Mar 15 | 2,538 | 190 | 361 | 89 |
| 31 Dec 14 | 2,446 | 203 | 355 | 88 |
| 30 Sep 14 | 2,487 | 377 | 183 | 88 |
| 30 Jun 14 | 2,435 | 388 | 178 | 85 |
| 31 Mar 14 | 2,408 | 385 | 173 | 85 |
| 31 Dec 13 | 2,394 | 409 | 158 | 82 |
| 30 Sep 13 | 2,442 | 290 | 311 | 80 |
| 30 Jun 13 | 2,512 | 309 | 303 | 80 |
Quality Earnings: ALB has a high level of non-cash earnings.
Growing Profit Margin: ALB's current net profit margins (16.4%) are lower than last year (36.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ALB's earnings have grown significantly by 45.5% per year over the past 5 years.
Accelerating Growth: ALB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALB had negative earnings growth (-41.5%) over the past year, making it difficult to compare to the Chemicals industry average (-11.9%).
Return on Equity
High ROE: ALB's Return on Equity (17.3%) is considered low.