Highest-materiality recent filing
Net income of $480M ($3.52 diluted EPS); adjusted EPS $3.75 vs. $0.11 prior year.
Albemarle Q1 net sales up 33% to $1.4B; adjusted EPS $2.95 vs ($0.18) YoY
Net sales $1.4B (+33% YoY); net income $319M ($2.34 diluted EPS); adjusted EPS $2.95.
Sale to KPS Capital Partners: ~$547M cash ($22M included with Ketjen); combined with Eurecat sale totals ~$670M pre-tax.
Albemarle Q4 net sales up 16% to $1.43B; net loss $414M but adjusted EBITDA +7%
Q4 net sales $1.43B, up 16% YoY; Energy Storage +23% to $759M, adjusted EBITDA +25%.
Albemarle Q3 net loss narrows to $161M; adjusted EBITDA up 7%, free cash flow guidance raised
Net loss of ($160.7M) or ($1.72) diluted EPS; adjusted loss per share ($0.19).
Albemarle sells controlling stake in Ketjen to KPS; expects $660M total cash proceeds
Albemarle will sell 51% of Ketjen to KPS for ~$536M cash + 49% rollover equity; total proceeds ~$660M including Eurecat sale.
Albemarle Q2 net income $22.9M vs loss a year ago; cuts capex to $650-700M
Net sales of $1.33B, down 7% YoY; Energy Storage -13.5%, Specialties +5.1%, Ketjen -1.8%.
Albemarle Q1 net sales down 21% to $1.08B; adj. EBITDA $267M, adj. diluted EPS loss $0.18
Net sales $1.08B, down 21% YoY; Energy Storage sales -34% to $525M due to lower pricing.
Albemarle Q4 adj. EPS loss $1.09; full-year net loss $1.2B as lithium prices slump
Q4 net sales $1.2B (-48% YoY); adj. diluted EPS loss ($1.09) vs loss ($5.19) prior year.
Albemarle Q3 net loss $1.1B; announces 6-7% workforce reduction, $300-400M annual cost savings
Net loss of $1.1B ($9.45/sh); adjusted loss $1.55/sh; includes $861M asset write-off charges.
Kristin Coleman (EVP, GC) to leave Nov 4; John Barichivich (VP, CAO) to leave Dec 31.
Albemarle reports Q2 net loss of $188M; initiates cost review with up to $1.1B charge
Net loss of $188M ($1.96 diluted EPS); adjusted EPS $0.04; net sales $1.4B, down YoY on lower lithium pricing.
Albemarle Q1 net sales $1.4B, net income $2M, adj EPS $0.26; reaffirms FY2024 outlook
Net sales $1.4B driven by Energy Storage volume growth; net income $2M ($0.08 diluted EPS loss after preferred dividends).
40M depositary shares priced at $50 each; underwriters' option for 6M additional exercised; net proceeds ~$1.94B.
Albemarle posts Q4 loss $618M on LCM charge; FY23 sales record $9.6B, 2024 outlook cautious
Q4 net loss $617.7M (($5.26)/share) vs. profit $1.13B ($9.60) YoY; includes $604M LCM charge and $223M China tax valuation allowance.
Albemarle Q3 net sales up 10% but slashes FY2023 guidance on lower lithium pricing
Q3 net sales $2.3B (+10% YoY); net income $302.5M ($2.57 EPS); adjusted diluted EPS $2.74.
Albemarle names Neal Sheorey as new CFO; Scott Tozier to become strategic advisor
Neal Sheorey, former Dow executive, to become EVP and CFO effective Nov 6, 2023.
Albemarle Q2 net sales +60% to $2.4B; adjusted EPS $7.33 vs $3.46 YoY
Net sales $2.4B (+60% YoY); net income $650M ($5.52 diluted EPS).
Albemarle amends MARBL JV: will fully own Kemerton lithium conversion assets, pay MRL $380-400M
MARBL JV limited to Wodgina lithium mine; each of Albemarle (AWPL) and MRL (WLPL) to own 50% after closing.
Albemarle Q1 net sales up 129% to $2.6B; cuts FY23 guidance on lithium pricing
Q1 net income $1.2B ($10.51 diluted EPS); adjusted diluted EPS $10.32, up 334% YoY.
Albemarle sells 10% of Wodgina to MRL for $216M, resulting in 50/50 ownership; buys 25% of Kemerton for $216M, raising stake to 85%.
Albemarle Q4 net sales up 193% to $2.6B; FY22 net sales over $7B; FY23 guidance $11.3-12.9B
Q4 net income $1.1B ($9.60 diluted EPS); adjusted diluted EPS $8.62, up 753% YoY.
Albemarle reports record preliminary Q4 net sales up ~190% YoY; issues strong 2023 guidance
Preliminary Q4 net sales $2,590-$2,650M (up ~190-196% YoY); adj. diluted EPS $8.35-$8.75 (up ~727-766%).
Albemarle Q3 net sales up 152% to $2.1B; adj EPS $7.50 (+614%); tightens FY22 guidance
Net sales $2.1B (+152% YoY); net income $897.2M; adjusted diluted EPS $7.50 (+614%).
Albemarle Q2 sales $1.48B (+91% YoY); raises FY2022 guidance sharply
Net income $406.8M ($3.46 GAAP EPS); adjusted diluted EPS $3.45, up 288% YoY.
On August 19, 2026, the Board of Directors of Albemarle Corporation (the “Company”) appointed Max W. Hood as the Company’s Chief Accounting Officer, effective August 24, 2026.
Effective as of July 21, 2026, the Board of Directors (the “Board”) of Albemarle Corporation (the “Company”) appointed Mr. Eduardo De Salles Bartolomeo as an independent member of the Board.
Neal R. Sheorey, the Company's Executive Vice President and Chief Financial Officer, will serve as the Company's interim Principal Accounting Officer, effective June 2, 2026, until the Company’s Board of Directors appoints a replacement for the Company’s former Chief Accounting Officer.
As previously reported, Donald J. LaBauve Jr., the former Chief Accounting Officer of Albemarle Corporation (the “Company”), retired on June 1, 2026.
As previously announced, John C. Barichivich III will cease serving as the Company’s principal accounting officer upon the effective date of Mr. LaBauve’s appointment as his successor.
On October 28, 2024, Albemarle Corporation (the “Company”) appointed Donald J. LaBauve, Jr. (Jim) as the Company’s Chief Accounting Officer, effective November 11, 2024.
On October 7, 2024, in connection with the implementation of the new operating structure described in Item 7.01 below, Kristin Coleman will cease serving as Executive Vice President, General Counsel and Corporate Secretary of Albemarle Corporation (the “Company”), and her last day of employment will be November 4, 2024.
In addition, in connection with the implementation of such new operating structure, John C. Barichivich III will cease serving as Vice President, Corporate Controller and Chief Accounting Officer of the Company effective upon the appointment of his successor, and his last day of employment will be December 31, 2024.
Scott Tozier, Executive Vice President and Chief Financial Officer, determined that Mr. Tozier will transition from his current role to serving in an advisory capacity as an employee of the Company, effective November 6, 2023
Mr. Tozier will be succeeded by Neal Sheorey, age 47, as Executive Vice President and Chief Financial Officer.
On October 25, 2022, Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary, Karen G. Narwold, advised the Board of Directors of Albemarle Corporation (the “Company”), that she will retire from the Company effective April 4, 2023.
On October 25, 2022, Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary, Karen G. Narwold, advised the Board of Directors of Albemarle Corporation (the “Company”), that she will retire from the Company effective April 4, 2023.
Max materiality 0.90 · Median 0.60 · Most common event earnings