Albemarle Corporation Website

Albemarle Corporation

NYSE-ALB

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

3,589.4

3,128.9

3,328

7,320.1

9,617.2

7,457.9

Total Revenues % Chg.

6.4%

-12.8%

6.4%

120%

31.4%

-22.8%

Cost of Goods Sold, Total

2,330.9

2,132.1

2,319.5

4,242.3

8,420.3

8,067.6

Gross Profit

1,258.5

996.9

1,008.5

3,077.8

1,196.9

-609.8

Selling General & Admin Expenses, Total

470.4

427.2

333.3

439.1

644.1

654.7

R&D Expenses

58.3

59.2

54

72

85.7

88.1

Other Operating Expenses, Total

528.7

486.4

387.3

511.1

729.8

742.8

Operating Income

729.8

510.5

621.1

2,566.7

467.1

-1,352.6

Interest Expense, Total

-52.9

-73.1

-32.5

-103.8

-116.1

-136.9

Interest And Investment Income

—

—

—

—

—

—

—

—

—

19.3

36.9

Net Interest Expenses

-52.9

-73.1

-32.5

-103.8

-96.8

-100

Income (Loss) On Equity Invest.

129.6

127.5

95.8

772.3

1,854.1

1,374.2

Currency Exchange Gains (Loss)

-27.4

-28.8

0.1

-21.8

39.9

-190.5

Other Non Operating Income (Expenses)

15.5

6.6

14.7

44.5

80.3

341.6

EBT, Excl. Unusual Items

794.6

542.7

699.1

3,257.9

2,344.6

72.8

Restructuring Charges

—

—

-19.9

-3.2

-4.3

-11.8

-21.8

Merger & Related Restructuring Charges

-20.7

-17.3

-12.7

-16.3

-26.8

-18.6

Impairment of Goodwill

—

—

—

—

—

—

—

—

—

-6.8

-6.8

Gain (Loss) On Sale Of Investments

—

—

—

—

—

7.2

—

4.3

-39.2

-163.7

Gain (Loss) On Sale Of Assets

—

—

—

11.1

3.6

296

-8.4

71.2

88.5

Asset Writedown

—

—

—

—

—

—

—

-309.5

Insurance Settlements

—

—

—

—

—

—

—

—

—

7.3

7.3

Legal Settlements

—

—

—

—

1.2

-667.9

0.1

-233.6

-15.1

Other Unusual Items

—

-92.5

-16.5

-81.9

-27.6

-4.1

0.4

EBT, Incl. Unusual Items

692.5

501

229.4

3,205.7

2,100.8

-366.6

Income Tax Expense

88.2

54.4

29.4

390.6

430.3

75.9

Earnings From Continuing Operations

604.4

446.6

199.9

2,815.1

1,670.5

-442.5

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

—

Minority Interest

-71.1

-70.9

-76.3

-125.3

-97.1

-58.4

Net Income

533.2

375.8

123.7

2,689.8

1,573.5

-500.9

Preferred Dividend and Other Adjustments

—

—

—

—

—

—

—

—

—

—

53.3

Net Income to Common Incl Extra Items

533.2

375.8

123.7

2,689.8

1,573.5

-554.2

Net Income to Common Excl. Extra Items

533.2

375.8

123.7

2,689.8

1,573.5

-554.2

Total Shares Outstanding

106

106.8

117

117.2

117.4

117.5

Weighted Avg. Shares Outstanding

105.9

106.4

115.8

117.1

117.3

117.4

Weighted Avg. Shares Outstanding Dil

106.3

106.8

116.5

117.8

117.8

117.4

EPS

5

3.5

1.1

23

13.4

-4.7

EPS Diluted

5

3.5

1.1

22.8

13.4

-4.7

EBITDA

943.3

742.5

875.1

2,867.5

897.1

-841

Effective Tax Rate

12.7%

10.9%

12.8%

12.2%

20.5%

-20.7%