---
schema_version: "secwatch.filing_event.v1"
accession: "0000915913-23-000164"
form_type: "8-K"
ticker: "ALB"
cik: "0000915913"
company_name: "ALBEMARLE CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:10:01.649360+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Albemarle Q2 net sales +60% to $2.4B; adjusted EPS $7.33 vs $3.46 YoY

## Summary
- Net sales $2.4B (+60% YoY); net income $650M ($5.52 diluted EPS).
- Adjusted diluted EPS $7.33 (+112% YoY); adjusted EBITDA $1.0B (+69%).
- Ford agreement to supply >100k metric tons lithium hydroxide from 2026-2030.
- 2023 guidance raised: net sales $10.4-$11.5B, adjusted EBITDA $3.8-$4.4B.
- Capex raised to $1.9-$2.1B; net cash from ops lowered to $1.2-$1.8B due to DOJ/SEC settlements.

## SEC filing metadata
- accession: 0000915913-23-000164
- form_type: 8-K
- ticker: ALB
- cik: 0000915913
- company_name: ALBEMARLE CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915913/000091591323000164/0000915913-23-000164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915913/000091591323000164/alb-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915913-23-000164
- JSON: https://secwatch.observer/filing/0000915913-23-000164.json
- Plain text: https://secwatch.observer/filing/0000915913-23-000164.txt

## Key facts
- Earnings Releases
  ALBEMARLE CORP reported the second quarter ended June 30, 2023 results: revenue $2.4 billion, net income $650.0 million, EPS $5.52 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $2.4 billion
  - Net income: $650.0 million
  - EPS: $5.52 per diluted share
  - Result: reported results
  source text: Net sales of $2.4 billion, an increase of 60% • Net income of $650.0 million, or $5.52 per diluted share, an increase of 60%
  evidence_url: https://www.sec.gov/Archives/edgar/data/915913/000091591323000164/0000915913-23-000164-index.htm
- Earnings Releases
  ALBEMARLE CORP reported full-year 2023 results: revenue $10.4 - $11.5 billion, EPS $25.00 - $29.50. Guidance raised.
  - Period: full-year 2023
  - Revenue: $10.4 - $11.5 billion
  - EPS: $25.00 - $29.50
  - Guidance: raised
  - Result: guidance update
  source text: FY 2023 Guidance as of August 2, 2023 Net sales $9.8 - $11.5 billion $10.4 - $11.5 billion Adjusted EBITDA (a) $3.3 - $4.0 billion $3.8 - $4.4 billion Adjusted EBITDA Margin (a) 34% - 35% 37% - 38% Adjusted Diluted EPS (a) $20.75 - $25.75 $25.00 - $29.50 Net Cash from Operations $1.7 - $2.3 billion $1.2 - $1.8 billion Capital Expenditures $1.7 - $1.9 billion $1.9 - $2.1 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/915913/000091591323000164/0000915913-23-000164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.