financial statements

The full income statement, balance sheet, and cash-flow statement for Albemarle Corporation (ALB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	5.14B YoY-4.4%	5.38B YoY-44.1%	9.62B YoY+31.4%	7.32B YoY+120.0%	3.33B YoY+6.4%
	669M YoY+969.3%	62.5M YoY-94.7%	1.19B YoY-61.4%	3.07B YoY+208.1%	998M YoY+0.3%
Cost of revenue	4.47B YoY-15.8%	5.31B YoY-37.0%	8.43B YoY+98.6%	4.25B YoY+82.2%	2.33B YoY+9.2%
Research & development	51.4M YoY-40.7%	86.7M YoY+1.2%	85.7M YoY+19.1%	72.0M YoY+33.2%	54.0M YoY-8.8%
Selling, general & administrative	550M YoY-11.0%	618M YoY-32.1%	910M YoY+73.6%	524M YoY+18.7%	441M YoY+2.7%
Amortization of intangibles	22.4M YoY-2.6%	23.0M YoY-17.7%	28.0M YoY+13.4%	24.7M YoY-2.4%	25.3M YoY+1.6%
Operating income	-367M YoY+79.3%	-1.78B YoY-805.3%	252M YoY-89.8%	2.47B YoY+209.4%	798M YoY+57.9%
Other non-operating income	22.7M YoY-87.3%	178M YoY+60.8%	111M YoY+28.5%	86.4M YoY+114.3%	-603M YoY-919.6%
Equity-method income	244M YoY-65.9%	715M YoY-61.4%	1.85B YoY+140.1%	772M YoY+706.4%	95.8M YoY-24.9%
Pre-tax income	-552M YoY+68.7%	-1.76B YoY-814.9%	247M YoY-89.9%	2.43B YoY+1721.2%	134M YoY-64.2%
Income tax	157M YoY+80.1%	87.1M YoY-79.8%	430M YoY+10.2%	391M YoY+1226.5%	29.4M YoY-45.9%
	-511M YoY+56.7%	-1.18B YoY-175.0%	1.57B YoY-41.5%	2.69B YoY+2075.0%	124M YoY-67.1%
Income from continuing operations	—	—	1.57B YoY-41.5%	2.69B YoY+2075.0%	124M YoY-67.1%
Net income to non-controlling interest	45.4M YoY+3.3%	44.0M YoY-54.7%	97.1M YoY-22.5%	125M YoY+64.3%	76.3M YoY+7.6%
Preferred dividends	167M YoY+22.0%	137M	—	—	—
Net income to common	-677M YoY+48.5%	-1.32B YoY-183.6%	1.57B YoY-41.5%	2.69B	—
	-$5.76 YoY+48.6%	-$11.20 YoY-183.8%	$13.36 YoY-41.5%	$22.84 YoY+2054.7%	$1.06 YoY-69.9%
EPS (basic)	-$5.76 YoY+48.6%	-$11.20 YoY-183.5%	$13.41 YoY-41.6%	$22.97 YoY+2046.7%	$1.07 YoY-69.7%
Weighted-avg shares (basic)	118M YoY+0.1%	118M YoY+0.2%	117M YoY+0.2%	117M YoY+1.1%	116M YoY+8.9%
Weighted-avg shares (diluted)	118M YoY+0.1%	118M YoY-0.2%	118M YoY-0.0%	118M YoY+1.1%	117M YoY+9.1%
Dividends per share	$1.62 YoY+0.6%	$1.61 YoY+0.6%	$1.60 YoY+1.3%	$1.58 YoY+1.3%	$1.56 YoY+1.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	4.01B YoY+4.3%	3.84B YoY-26.3%	5.22B YoY+0.6%	5.19B YoY+160.2%	1.99B YoY-9.6%
Cash & equivalents	1.62B YoY+35.7%	1.19B YoY+34.0%	890M YoY-40.6%	1.50B YoY+241.3%	439M YoY-41.2%
Accounts receivable	594M YoY-20.0%	742M YoY-38.8%	1.21B YoY+1.9%	1.19B YoY+113.8%	557M YoY+4.9%
Inventory	1.18B YoY-21.5%	1.50B YoY-30.5%	2.16B YoY+4.1%	2.08B YoY+160.0%	799M YoY+6.4%
Prepaid expenses	56.2M YoY-26.9%	77.0M YoY-33.7%	116M YoY+97.5%	58.8M YoY+57.3%	37.4M YoY-35.1%
Other current assets	140M YoY-15.9%	167M YoY-62.4%	443M YoY+88.7%	235M YoY+77.1%	133M YoY+14.0%
	16.4B YoY-1.4%	16.6B YoY-9.1%	18.3B YoY+18.2%	15.5B YoY+40.8%	11.0B YoY+5.0%
Property, plant & equipment	8.61B YoY-7.7%	9.33B YoY-1.7%	9.50B YoY+36.4%	6.96B YoY+17.8%	5.91B YoY+10.4%
Operating lease right-of-use	116M YoY-2.0%	119M YoY-13.5%	137M YoY+7.2%	128M YoY-17.2%	155M YoY+13.5%
Goodwill	1.50B YoY-5.2%	1.58B YoY-2.9%	1.63B YoY+0.7%	1.62B YoY+1.3%	1.60B YoY-4.1%
Intangible assets	214M YoY-7.2%	231M YoY-11.9%	262M YoY-9.0%	288M YoY-6.8%	309M YoY-11.5%
Long-term investments	901M YoY-19.4%	1.12B YoY-18.4%	1.37B YoY+19.1%	1.15B YoY+26.2%	912M YoY+39.0%
Deferred tax assets	17.5M YoY-67.3%	53.6M YoY+139.0%	22.4M YoY-51.7%	46.4M YoY+147.0%	18.8M YoY-7.5%
Other non-current assets	647M YoY+28.2%	505M YoY+69.9%	297M YoY+18.6%	251M YoY-0.7%	252M YoY+15.0%
	1.80B YoY-8.6%	1.97B YoY-44.8%	3.56B YoY+29.9%	2.74B YoY+46.2%	1.87B YoY+4.0%
Accounts payable	1.76B YoY+0.0%	1.76B YoY+0.0%	1.76B YoY+14.6%	1.53B YoY+155.4%	600M YoY+24.3%
Accrued liabilities	522M YoY+11.5%	468M YoY-14.1%	545M YoY+7.7%	506M YoY-33.7%	763M YoY+73.2%
Deferred revenue	93.1M YoY+4301.4%	2.12M YoY-79.6%	10.4M YoY+0.0%	10.4M YoY+0.0%	10.4M YoY+0.0%
Short-term & current debt	74.1M YoY-81.4%	398M YoY-36.4%	626M YoY+29306.1%	2.13M YoY-99.5%	390M YoY-51.5%
Current lease liability	24.6M YoY-24.7%	32.6M YoY+6.7%	30.6M YoY-13.9%	35.5M YoY+12.4%	31.6M YoY+41.7%
Long-term debt	3.12B YoY+0.0%	3.12B YoY-11.9%	3.54B YoY+10.1%	3.21B YoY+60.4%	2.00B YoY-27.6%
Deferred revenue (non-current)	341M YoY+336.4%	78.0M YoY+0.0%	78.0M	0.00 YoY-100.0%	2.01M YoY+0.0%
Non-current lease liability	103M YoY+3.6%	99.5M YoY-12.5%	114M YoY+14.5%	99.3M YoY-21.8%	127M YoY+8.8%
Deferred tax liabilities	368M YoY+2.9%	358M YoY-35.9%	558M YoY+16.2%	481M YoY+36.1%	353M YoY-10.5%
Other non-current liabilities	1.08B YoY+32.4%	819M YoY+6.5%	769M YoY+20.8%	637M YoY-4.1%	664M YoY+5.5%
	9.53B YoY-4.3%	9.96B YoY+5.8%	9.41B YoY+17.9%	7.98B YoY+41.9%	5.63B YoY+31.8%
Preferred stock	2.24B YoY+0.0%	2.24B	0.00	—	—
Common stock	1.18M YoY+0.2%	1.18M YoY+0.2%	1.17M YoY+0.2%	1.17M YoY+0.2%	1.17M YoY+9.4%
Additional paid-in capital	3.02B YoY+1.1%	2.99B YoY+1.1%	2.95B YoY+0.4%	2.94B YoY+0.7%	2.92B YoY+103.1%
Retained earnings	4.61B YoY-15.8%	5.48B YoY-21.5%	6.99B YoY+24.7%	5.60B YoY+80.9%	3.10B YoY-1.9%
Accumulated other comprehensive income	-335M YoY+54.9%	-742M YoY-40.4%	-529M YoY+5.7%	-561M YoY-42.9%	-392M YoY-20.3%
Non-controlling interest	248M YoY+4.2%	238M YoY-5.8%	253M YoY+21.5%	208M YoY+15.5%	180M YoY-10.0%
Total equity incl. non-controlling	9.78B YoY-4.1%	10.2B YoY+5.5%	9.67B YoY+18.0%	8.19B YoY+41.1%	5.81B YoY+29.9%
Total liabilities & equity	16.4B YoY-1.4%	16.6B YoY-9.1%	18.3B YoY+18.2%	15.5B YoY+40.8%	11.0B YoY+5.0%
Common shares issued	118M YoY+0.1%	118M YoY+0.2%	117M YoY+0.2%	117M YoY+0.1%	117M YoY+9.5%
Common shares outstanding	118M YoY+0.1%	118M YoY+0.2%	117M YoY+0.2%	117M YoY+0.1%	117M YoY+9.5%
Shares outstanding (cover)	118M YoY+0.1%	118M YoY+0.2%	117M YoY+0.2%	117M YoY+0.2%	117M YoY+9.9%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.28B YoY+86.4%	688M YoY-48.1%	1.33B YoY-30.6%	1.91B YoY+455.5%	344M YoY-56.9%
Depreciation & amortization	659M YoY+11.9%	589M YoY+36.9%	430M YoY+42.9%	301M YoY+18.4%	254M YoY+9.5%
Share-based compensation	40.3M YoY+25.3%	32.1M YoY-12.1%	36.5M YoY+19.9%	30.5M YoY+51.5%	20.1M YoY-11.9%
Deferred income taxes	81.2M YoY+135.2%	-230M YoY-328.4%	101M YoY+8.1%	93.3M YoY+342.4%	-38.5M YoY-1848.4%
Change in receivables	-47.3M YoY+91.5%	-555M YoY-258.3%	351M YoY-55.4%	786M YoY+1494.7%	49.3M YoY+149.2%
Change in inventory	-212M YoY+79.9%	-1.06B YoY-398.4%	354M YoY-78.0%	1.61B YoY+1163.4%	127M YoY+345.1%
Change in payables	—	—	—	1.29B YoY+794.2%	144M YoY+556.7%
	-146M YoY+90.8%	-1.58B YoY+38.2%	-2.56B YoY-76.4%	-1.45B YoY-118.1%	-667M YoY+22.8%
Capital expenditure	590M YoY-64.9%	1.68B YoY-22.0%	2.15B YoY+70.8%	1.26B YoY+32.3%	954M YoY+12.1%
Sales/maturities of investments	291M	0.00	0.00	—	—
Proceeds from sale of PP&E	32.8M YoY+12.7%	29.1M	0.00	0.00	0.00
	-834M YoY-167.2%	1.24B YoY+99.0%	624M YoY+2.0%	612M YoY+1118.6%	50.2M YoY-71.7%
Long-term debt issued	56.7M YoY-49.5%	112M YoY-68.4%	356M YoY-81.9%	1.96B	0.00 YoY-100.0%
Long-term debt repaid	506M YoY+349.8%	112M YoY+289.6%	28.9M YoY-95.9%	705M YoY-39.9%	1.17B YoY+369.5%
Common stock issued	—	—	0.00	0.00 YoY-100.0%	1.45B
Dividends paid	191M YoY+1.1%	189M YoY+0.7%	187M YoY+1.5%	184M YoY+3.7%	178M YoY+9.9%
FX effect on cash	124M YoY+391.0%	-42.5M YoY-979.0%	4.84M YoY+146.6%	-10.4M YoY+70.6%	-35.3M YoY-268.1%
Net change in cash	426M YoY+40.8%	302M YoY+149.6%	-609M YoY-157.5%	1.06B YoY+444.7%	-307M YoY-330.1%
Interest paid	181M YoY+19.9%	151M YoY+47.8%	102M YoY+10.7%	92.1M YoY+232.1%	27.7M YoY-58.2%
Income taxes paid	152M YoY-42.0%	263M YoY-17.7%	319M YoY+28.7%	248M YoY+89.7%	131M YoY+151.1%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	16.6B YoY+64.5%	10.1B YoY-40.3%	17.0B YoY-33.3%	25.4B YoY-7.1%	27.3B YoY+74.1%
P/E	—	—	5.1× YoY-68.8%	16.4× YoY-92.6%	221.1× YoY+429.1%
P/S	3.2× YoY+72.0%	1.9× YoY+9.7%	1.7× YoY-62.2%	4.5× YoY-44.7%	8.2× YoY+63.7%
P/B	1.7× YoY+71.9%	1.0× YoY-40.7%	1.7× YoY-54.6%	3.8× YoY-22.4%	4.9× YoY+32.1%
P/FCF	24.0×	—	36.1×	—	—
Earnings yield	—	—	19.6% YoY+220.5%	6.1% YoY+1252.4%	0.5% YoY-81.1%
FCF yield	4.2%	—	2.8%	—	—
Dividend yield	1.1% YoY-38.8%	1.9% YoY+68.9%	1.1% YoY+52.0%	0.7% YoY+9.2%	0.7% YoY-36.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: ALB's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ALB filings on SEC EDGAR → Not investment advice.

ALB▼ financial statements

About this data

financial statements