Albemarle Historical Income Statement

ALB Stock  USD 119.00  1.31  1.09%   
Historical analysis of Albemarle Corp income statement accounts such as Interest Expense of 198.2 M, Selling General Administrative of 917.1 M or Total Revenue of 10.1 B can show how well Albemarle Corp performed in making a profits. Evaluating Albemarle Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Albemarle Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Albemarle Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Albemarle Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.

About Albemarle Income Statement Analysis

Albemarle Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Albemarle Corp shareholders. The income statement also shows Albemarle investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Albemarle Corp Income Statement Chart

Albemarle Corp Income Statement is one of the three primary financial statements used for reporting Albemarle's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Albemarle Corp revenue and expense. Albemarle Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Albemarle Corp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 198.2 M, whereas Gross Profit is forecasted to decline to about 790.4 M.

Total Revenue

Total revenue comprises all receipts Albemarle Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Albemarle Corp minus its cost of goods sold. It is profit before Albemarle Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Albemarle Corp. It is also known as Albemarle Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Albemarle Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Albemarle Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.At present, Albemarle Corp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 198.2 M, whereas Gross Profit is forecasted to decline to about 790.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit998.0M3.1B1.2B790.4M
Total Revenue3.3B7.3B9.6B10.1B

Albemarle Corp income statement Correlations

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0.920.920.90.340.890.170.180.270.880.930.17-0.030.710.780.31-0.370.810.270.770.630.650.48-0.2-0.750.73
0.890.920.910.260.930.070.090.180.921.00.080.060.710.680.14-0.380.850.210.740.70.540.47-0.05-0.580.76
0.930.90.910.410.980.270.310.390.980.920.30.040.890.770.12-0.460.970.140.890.570.60.680.01-0.720.87
0.490.340.260.410.220.920.920.960.210.250.94-0.060.650.410.230.340.280.190.410.390.590.49-0.04-0.510.43
0.890.890.930.980.220.080.120.21.00.940.10.050.80.730.09-0.560.970.120.860.540.520.620.01-0.660.84
0.310.170.070.270.920.080.970.960.080.060.99-0.160.610.350.150.520.20.090.410.240.520.38-0.02-0.450.21
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0.420.270.180.390.960.20.960.990.20.170.97-0.210.680.390.130.350.310.130.50.260.540.540.0-0.530.39
0.880.880.920.980.211.00.080.120.20.930.10.050.810.730.09-0.570.970.110.860.520.520.630.02-0.660.84
0.890.931.00.920.250.940.060.080.170.930.070.040.710.680.17-0.390.860.210.750.670.540.48-0.06-0.590.75
0.350.170.080.30.940.10.990.970.970.10.07-0.070.630.350.110.440.230.080.40.250.510.410.02-0.450.27
0.21-0.030.060.04-0.060.05-0.16-0.27-0.210.050.04-0.070.020.01-0.25-0.140.05-0.11-0.230.330.05-0.180.110.130.14
0.840.710.710.890.650.80.610.630.680.810.710.630.020.690.07-0.170.890.10.90.510.60.740.2-0.670.79
0.760.780.680.770.410.730.350.320.390.730.680.350.010.690.11-0.110.73-0.080.760.610.890.45-0.44-0.880.65
0.10.310.140.120.230.090.150.10.130.090.170.11-0.250.070.110.090.00.380.1-0.110.150.17-0.1-0.12-0.03
-0.35-0.37-0.38-0.460.34-0.560.520.390.35-0.57-0.390.44-0.14-0.17-0.110.09-0.49-0.03-0.290.130.15-0.34-0.140.18-0.51
0.870.810.850.970.280.970.20.240.310.970.860.230.050.890.730.0-0.490.030.930.480.540.710.1-0.670.85
0.170.270.210.140.190.120.090.110.130.110.210.08-0.110.1-0.080.38-0.030.030.030.05-0.020.040.010.010.01
0.780.770.740.890.410.860.410.450.50.860.750.4-0.230.90.760.1-0.290.930.030.360.620.760.03-0.770.74
0.720.630.70.570.390.540.240.170.260.520.670.250.330.510.61-0.110.130.480.050.360.630.08-0.14-0.460.55
0.650.650.540.60.590.520.520.470.540.520.540.510.050.60.890.150.150.54-0.020.620.630.43-0.56-0.870.58
0.560.480.470.680.490.620.380.470.540.630.480.41-0.180.740.450.17-0.340.710.040.760.080.430.18-0.50.79
0.01-0.2-0.050.01-0.040.01-0.020.00.00.02-0.060.020.110.2-0.44-0.1-0.140.10.010.03-0.14-0.560.180.470.05
-0.71-0.75-0.58-0.72-0.51-0.66-0.45-0.48-0.53-0.66-0.59-0.450.13-0.67-0.88-0.120.18-0.670.01-0.77-0.46-0.87-0.50.47-0.65
0.840.730.760.870.430.840.210.280.390.840.750.270.140.790.65-0.03-0.510.850.010.740.550.580.790.05-0.65
Click cells to compare fundamentals

Albemarle Corp Account Relationship Matchups

Albemarle Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization168.0M172.8M254M395.6M429.9M451.4M
Interest Expense57.7M73.1M61.5M123.0M188.8M198.2M
Selling General Administrative533.4M429.8M441.5M524.1M873.4M917.1M
Total Revenue3.6B3.1B3.3B7.3B9.6B10.1B
Gross Profit1.3B994.9M998.0M3.1B1.2B790.4M
Other Operating Expenses2.9B2.6B2.8B4.8B9.4B9.8B
Operating Income666.1M505.8M(100.9M)2.5B241.1M388.1M
Ebit666.1M505.8M(100.9M)2.5B241.1M335.1M
Ebitda834.1M678.6M153.1M2.9B671.1M489.0M
Cost Of Revenue2.3B2.1B2.3B4.2B8.4B8.8B
Total Operating Expenses591.7M489.0M495.5M596.1M959.9M1.0B
Income Before Tax563.0M373.5M133.6M2.4B246.7M363.4M
Total Other Income Expense Net(103.2M)(132.3M)234.5M(36.6M)5.6M5.9M
Net Income533.2M375.8M123.7M2.0B1.6B1.7B
Income Tax Expense88.2M54.4M29.4M390.6M430.3M451.8M
Research Development58.3M59.2M54.0M72.0M85.7M59.7M
Net Income Applicable To Common Shares533.2M375.8M123.7M2.7B3.1B3.2B
Minority Interest161.3M70.9M(76.3M)125.3M(112.0M)(106.4M)
Net Income From Continuing Ops604.4M319.1M199.9M2.0B3.4B3.6B
Tax Provision88.2M54.4M29.4M390.6M335.5M193.4M
Interest Income78.7M68.3M61.5M123.0M141.4M83.7M
Net Interest Income(57.7M)(73.1M)(61.5M)(123.0M)(105.7M)(111.0M)
Reconciled Depreciation213.5M232.0M254M300.8M371.4M278.0M

Pair Trading with Albemarle Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albemarle Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albemarle Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Albemarle Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albemarle Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albemarle Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albemarle Corp to buy it.
The correlation of Albemarle Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albemarle Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albemarle Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albemarle Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Albemarle Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albemarle Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albemarle Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albemarle Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Albemarle Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albemarle Corp. If investors know Albemarle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albemarle Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Dividend Share
1.6
Earnings Share
13.35
Revenue Per Share
81.976
Quarterly Revenue Growth
(0.10)
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albemarle Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.