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Year on year Albemarle Corp had net income fall -41.50% from 2.69bn to 1.57bn despite a 31.38% increase in revenues from 7.32bn to 9.62bn. An increase in the cost of goods sold as a percentage of sales from 57.95% to 87.55% was a component in the falling net income despite rising revenues.
| Gross margin | -11.80% |
|---|---|
| Net profit margin | -45.48% |
| Operating margin | -40.43% |
| Return on assets | -16.27% |
|---|---|
| Return on equity | -21.98% |
| Return on investment | -19.73% |
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Cash flow in USDView more
In 2023, cash reserves at Albemarle Corp fell by 609.24m. However, the company earned 1.33bn from its operations for a Cash Flow Margin of 13.78%. In addition the company generated 623.91m cash from financing while 2.78bn was spent on investing.
| Cash flow per share | -21.13 |
|---|---|
| Price/Cash flow per share | -- |
| Book value per share | 87.13 |
|---|---|
| Tangible book value per share | 71.10 |
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Balance sheet in USDView more
| Current ratio | 2.44 |
|---|---|
| Quick ratio | 1.58 |
| Total debt/total equity | 0.3485 |
|---|---|
| Total debt/total capital | 0.2539 |
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Growth rates in USD
Year on year, growth in dividends per share increased 26.67% while earnings per share excluding extraordinary items fell by -41.49%. The positive trend in dividend payments is noteworthy since only some companies in the Chemical Manufacturing industry pay a dividend. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.
| Div yield(5 year avg) | 0.99% |
|---|---|
| Div growth rate (5 year) | 8.53% |
| Payout ratio (TTM) | -- |
| EPS growth(5 years) | 17.56 |
|---|---|
| EPS (TTM) vs TTM 1 year ago | -159.38 |
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