Albemarle Corporation (N:ALB)

Sector:  Basic Materials Industry:  Specialty Chemicals
 
See Regulatory Filings on SEC
Company Contact
Address: 4250 Congress Street, Suite 900
CHARLOTTE NC 28209
Tel: N/A
Website: www.albemarle.com/Home-3.html
IR: See website
<
Key People
Jerry Kent Masters
Chairman of the Board, President, Chief Executive Officer
Sean O'Hollaren
Chief External Affairs Officer
Neal Sheorey
Chief Financial Officer, Executive Vice President
Raphael Crawford
President - Catalysts Global Business Unit
Netha N. Johnson
President - Bromine Global Business Unit
Eric W. Norris
President - Lithium Global Business Unit
Melissa H. Anderson
Chief Human Resource Officer, Senior Vice President
Kristin M. Coleman
Executive Vice President, General Counsel, Company Secretary
John Clarence Barichivich
Chief Accounting Officer, Vice President, Corporate Controller
Maria Brennan
Chief Supply Chain Officer
   
Business Overview
Albemarle Corporation is engaged in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. The Company is a global developer, manufacturer, and marketer of specialty chemicals. Its segments include Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. Its Specialties business optimizes its portfolio of bromine and highly specialized lithium solutions. Its Specialties business serves a variety of industries, including energy, mobility, connectivity, and health. Specialty products are essential in both internal combustion and electric vehicles, from high-voltage cables and powertrains to airbags and tires. Its three main product lines in its Ketjen segment are clean fuels technologies (CFT), fluidized catalytic cracking (FCC) catalysts and additives, and performance catalyst solutions (PCS).
Financial Overview
For the fiscal year ended 31 December 2023, Albemarle Corporation revenues increased 31% to $9.62B. Net income decreased 42% to $1.57B. Revenues reflect Energy Storage segment increase of 52% to $7.08B, Ketjen segment increase of 17% to $1.06B, Other Foreign Countries segment increase of 35% to $8.69B, United States segment increase of 5% to $930.8M. Net income was offset by Selling.
Employees: 9,000 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $18,412M as of Dec 31, 2023
Annual revenue (TTM): $9,617M as of Dec 31, 2023
EBITDA (TTM): $881.23M as of Dec 31, 2023
Net annual income (TTM): $1,573M as of Dec 31, 2023
Free cash flow (TTM): -$1,011M as of Dec 31, 2023
Net Debt Last Fiscal Year: $3,277M as of Dec 31, 2023
Shares outstanding: 117,524,680 as of Mar 12, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.