earnings
confidence high
sentiment positive
materiality 0.85
Albemarle Q1 net sales up 33% to $1.4B; adjusted EPS $2.95 vs ($0.18) YoY
ALBEMARLE CORP
2026-Q1 EPS reported
$2.34
revenue$1,428,731,000
- Net sales $1.4B (+33% YoY); net income $319M ($2.34 diluted EPS); adjusted EPS $2.95.
- Adjusted EBITDA $664M, up 148% on higher pricing/volumes in Energy Storage and Specialties.
- Energy Storage net sales $891M (+70%), adjusted EBITDA $551M (+196%) on higher lithium pricing.
- Paid down $1.3B debt after closing sale of Eurecat and Ketjen for $648M net cash proceeds.
- 2026 outlook: at ~$20/kg LCE, expects sales $5.7-6.0B and Adj. EBITDA $2.4-2.6B, up vs prior.