Albemarle Corp ALB
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ALB is a good fit for your portfolio.
News
-
The U.S. sold 1.2 million EVs last year. Why are lithium prices down almost 40%?
-
Albemarle to cut jobs, capex as lithium prices have plunged
-
Lower lithium prices weigh on Albermarle as UBS cuts price target
-
Albemarle's stock drops to lowest in two years after rating downgrade
-
Pfizer shares fall on guidance cut, weighing on BioNTech and Moderna stocks, and other shares on the move
-
Albemarle scraps Liontown takeover bid due to deal's 'growing complexities'
-
Albemarle, Caterpillar collaborate on batteries, zero-emissions lithium
-
Albemarle To Use Caterpillar Equipment At Zero-Emissions Lithium Mine
Trading Information
- Previous Close Price
- $2,210.00
- Day Range
- $2,240.00–2,255.00
- 52-Week Range
- $1,700.01–4,145.00
- Bid/Ask
- $2,153.81 / $2,260.59
- Market Cap
- $265.02 Bil
- Volume/Avg
- 3 / 1,156
Key Statistics
- Price/Earnings (Normalized)
- 10.68
- Price/Sales
- 1.82
- Dividend Yield (Trailing)
- 1.21%
- Dividend Yield (Forward)
- 19.46%
- Total Yield
- 1.21%
Company Profile
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
- Sector
- Basic Materials
- Industry
- Specialty Chemicals
- Stock Style Box
- Mid Core
- Total Number of Employees
- 9,000
- Website
- https://www.albemarle.com
Competitors
Valuation
|
Metric
|
ALB
|
LAAC
|
SQM
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.68 | 169.66 | 6.86 |
Price/Book Value | 1.71 | 1.04 | 2.48 |
Price/Sales | 1.82 | — | 1.84 |
Price/Cash Flow | 10.16 | 0.70 | — |
Price/Earnings
ALB
LAAC
SQM
Financial Strength
|
Metric
|
ALB
|
LAAC
|
SQM
|
|---|---|---|---|
Quick Ratio | 1.64 | 8.70 | 1.68 |
Current Ratio | 2.84 | 9.16 | 2.50 |
Interest Coverage | −7.94 | −0.06 | 22.44 |
Quick Ratio
ALB
LAAC
SQM
Profitability
|
Metric
|
ALB
|
LAAC
|
SQM
|
|---|---|---|---|
Return on Assets (Normalized) | 7.72% | 0.39% | 18.60% |
Return on Equity (Normalized) | 15.06% | 0.49% | 39.48% |
Return on Invested Capital (Normalized) | 10.72% | −1.09% | 23.58% |
Return on Assets
ALB
LAAC
SQM
Specialty Chemicals Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
LIN
| Linde PLC | Dnqsjqvpf | Vyj | $206.7 Bil | |
SHW
| Sherwin-Williams Co | Hjqtdnvcg | Wtzhq | $80.8 Bil | |
ECL
| Ecolab Inc | Dwbtgbcscw | Kvzt | $66.5 Bil | |
APD
| Air Products & Chemicals Inc | Blywhdvq | Znk | $55.3 Bil | |
DD
| DuPont de Nemours Inc | Pydcmtpk | Blrnps | $33.2 Bil | |
LYB
| LyondellBasell Industries NV Class A | Yckhlnzz | Wjqbkm | $33.0 Bil | |
PPG
| PPG Industries Inc | Nphsnqqy | Qwllkp | $31.5 Bil | |
IFF
| International Flavors & Fragrances Inc | Pmdnfycn | Dghp | $24.1 Bil | |
ALB
| Albemarle Corp | Mbyxvfw | Sbpfmjt | $15.5 Bil | |
SQM
| Sociedad Quimica Y Minera De Chile SA ADR | Ntblqxtx | Lqjlfjx | $13.5 Bil |