| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | 2 | — | — | — | 2 | 1 | — | 1 | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 1.62 |
—
—
—
|
| 2025 | 1.62 |
—
—
—
—
|
| 2024 | 1.61 |
—
—
—
—
|
| 2023 | 1.60 |
—
—
—
—
|
| 2022 | 1.58 |
—
—
—
—
|
| 2021 | 1.56 |
—
—
—
—
|
| 2020 | 1.54 |
—
—
—
—
|
| 2019 | 1.47 |
—
—
—
—
|
| 2018 | 1.34 |
—
—
—
—
|
| 2017 | 1.28 |
—
—
—
—
|
| 2016 | 1.22 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 889.90 | 1,192.23 | 1,618.00 | 1,631.69 |
| Receivables | 1,722.26 | 980.59 | 698.61 | 727.68 |
| Inventory | 2,161.29 | 1,502.53 | 1,179.27 | 1,384.56 |
| Other | 443.48 | 166.92 | 512.26 | 200.28 |
| 5,216.92 | 3,842.26 | 4,008.14 | 3,944.20 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 2,088.05 | 943.89 | 913.53 | 1,115.65 |
| ST’ Debt | 625.76 | 398.02 | 74.08 | 74.68 |
| Other | — | — | 191.75 | — |
| 3,560.46 | 1,966.46 | 1,798.04 | 1,891.10 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1,428.73 | 1,743.31 | — | — |
—
|
| ’25 | 1,076.88 | 1,329.99 | 1,307.83 | 1,428.03 |
5,142.73
|
| ’24 | 1,360.74 | 1,430.39 | 1,354.69 | 1,231.71 |
5,377.53
|
| ’23 | 2,580.25 | 2,370.19 | 2,310.60 | 2,356.17 |
9,617.20
|
| ’22 | 1,127.73 | 1,479.59 | 2,091.81 | 2,620.98 |
7,320.10
|
| ’21 | 829.29 | 773.90 | 830.57 | 894.20 |
3,327.96
|
| ’20 | 738.85 | 764.05 | 746.87 | 879.15 |
3,128.91
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 346.24 | 710.00 | — | — |
—
|
| ’25 | 547.21 | (9.03) | 355.60 | 388.49 |
1,282.27
|
| ’24 | 97.95 | 367.19 | 227.11 | (4.38) |
687.88
|
| ’23 | 720.98 | 73.71 | 628.85 | (96.96) |
1,326.58
|
| ’22 | 206.18 | (145.86) | 895.29 | 952.25 |
1,907.85
|
| ’21 | 157.95 | 227.90 | 104.73 | (146.33) |
344.26
|
| ’20 | 155.05 | 52.86 | 253.80 | 337.20 |
798.91
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 247.57 | 638.27 | — | — |
—
|
| ’25 | 364.58 | (104.90) | 225.34 | 240.26 |
725.28
|
| ’24 | (481.37) | (88.08) | (76.02) | (318.09) |
(963.55)
|
| ’23 | 305.37 | (429.98) | 82.96 | (786.31) |
(827.96)
|
| ’22 | (25.52) | (416.77) | 581.96 | 506.54 |
646.20
|
| ’21 | (21.73) | 10.67 | (151.09) | (447.26) |
(609.41)
|
| ’20 | (59.47) | (151.60) | 51.42 | 108.09 |
(51.56)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2.34 | 3.52 | — | — |
—
|
| ’25 | 0.00 | (0.16) | (1.72) | (3.87) |
(5.76)
|
| ’24 | (0.08) | (1.96) | (9.45) | 0.29 |
(11.20)
|
| ’23 | 10.51 | 5.52 | 2.57 | (5.26) |
13.36
|
| ’22 | 2.15 | 3.46 | 7.61 | 9.60 |
22.84
|
| ’21 | 0.84 | 3.62 | (3.36) | (0.03) |
1.06
|
| ’20 | 1.01 | 0.80 | 0.92 | 0.79 |
3.52
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 169.93 | 112.00 | 71.97 | 49.43 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 334.55 | 293.01 | 149.61 | 152.08 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,400 | 9,000 | 8,300 | 7,800 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.99 | 1.07 | 0.65 | 0.66 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,320.10 | 9,617.20 | 5,377.53 | 5,142.73 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 42.00% | 12.33% | 1.16% | 13.00% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,433.44 | 246.74 | (1,763.82) | (552.07) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 33.24% | 2.57% | (32.80%) | (10.74%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,815.13 | 1,670.54 | (1,135.48) | (465.21) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 300.84 | 429.94 | 588.64 | 839.75 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 62.50 | 81.98 | 45.76 | 43.71 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 22.97 | 13.41 | (11.20) | (5.76) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.29 | 11.31 | 5.85 | 10.90 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (10.77) | (18.37) | (14.05) | (4.73) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.52 | (7.06) | (8.20) | 6.16 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 69.94 | 82.38 | 86.79 | 83.13 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 117.12 | 117.32 | 117.52 | 117.66 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.34 | 10.94 | 0.00 | 0.00 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.43 | 1.79 | 1.88 | 3.24 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.07 | 1.78 | 1.27 | 2.21 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.67 | 2.13 | 2.31 | 3.54 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 41.54 | (24.77) | (12.91) | 25.12 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,907.85 | 1,326.58 | 687.88 | 1,282.27 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,261.65) | (2,154.54) | (1,651.43) | (556.99) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 646.20 | (827.96) | (963.55) | 725.28 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,445.90 | 1,656.46 | 1,875.80 | 2,210.10 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,217.10 | 4,166.76 | 3,516.17 | 3,193.54 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,717.96 | 3,276.86 | 2,323.94 | 1,575.54 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,190.85 | 9,665.10 | 10,199.69 | 9,781.46 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.35% | 9.33% | (7.55%) | (4.11%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.58% | 1.22% | (8.87%) | (2.02%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 38.44% | 17.62% | (14.93%) | (8.73%) | — | — | — |
ROE
|
Albemarle Corporation (ALB), a lithium giant riding the EV rollercoaster, soared to $9.62 billion in revenue and $2.82 billion in profits by 2023 amid skyrocketing battery demand, only to crater in 2024 with a 44% revenue plunge to $5.38 billion and a $1.14 billion loss as lithium prices collapsed from $80,000 to under $10,000 per ton. Gross margins evaporated from 42% to 1.2%, free cash flow flipped negative, and ROE swung from 38% to deep red—exposing the brutal cyclicality of commodity plays. Yet analysts forecast a rebound: revenues stabilizing in 2025 before climbing 12-20% through 2027, FCF turning positive at $725 million, and EPS hitting $6.57 by 2028, fueled by EV adoption projected at 20-30% of global sales.
The balance sheet holds firm with $10.2 billion in equity and moderate $2.32 billion net debt, while valuations scream bargain—PS at 1.9x, PB at 1.3x, and EV/Sales at 2.3x versus historical averages. Stock resilience above 2025 lows, despite lagging the downturn, hints at market bets on recovery, with average analyst targets implying 20% upside (highs at 38%). Insiders are mum on buys but not dumping, signaling caution amid U.S. policy tailwinds like the Inflation Reduction Act and strategic acquisitions.
Is ALB a screaming buy or value trap? Lithium’s path to $15,000/ton consensus could deliver 50%+ returns by 2028 for patient holders, but oversupply, geopolitics, and EV slowdowns loom large. Dive into the full analysis for capex trends, ROIC pitfalls, and the Q1 2026 earnings trigger that could ignite the next leg up.
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