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Albemarle Corporation

ALB

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
5,378
Cost of Revenue
5,293
Gross Profit
84
Gross Margin
1.6%
Operating Income
-1,777
Operating Margin
-33.0%
Net Income
-1,179
Net Margin
-21.9%
EPS (Basic)
$-11.20
EPS (Diluted)
$-11.20
EBITDA
-9
EBITDA Margin
-0.2%

2023

12/31/2023

Revenue
9,617
Cost of Revenue
8,420
Gross Profit
1,197
Gross Margin
12.4%
Operating Income
252
Operating Margin
2.6%
Net Income
1,573
Net Margin
16.4%
EPS (Basic)
$13.41
EPS (Diluted)
$13.36
EBITDA
897
EBITDA Margin
9.3%

2022

12/31/2022

Revenue
7,320
Cost of Revenue
4,242
Gross Profit
3,078
Gross Margin
42.0%
Operating Income
2,470
Operating Margin
33.7%
Net Income
2,690
Net Margin
36.7%
EPS (Basic)
$22.97
EPS (Diluted)
$22.84
EBITDA
2,868
EBITDA Margin
39.2%

2021

12/31/2021

Revenue
3,328
Cost of Revenue
2,319
Gross Profit
1,008
Gross Margin
30.3%
Operating Income
798
Operating Margin
24.0%
Net Income
124
Net Margin
3.7%
EPS (Basic)
$1.07
EPS (Diluted)
$1.06
EBITDA
875
EBITDA Margin
26.3%

2020

12/31/2020

Revenue
3,129
Cost of Revenue
2,132
Gross Profit
997
Gross Margin
31.9%
Operating Income
506
Operating Margin
16.2%
Net Income
376
Net Margin
12.0%
EPS (Basic)
$3.53
EPS (Diluted)
$3.52
EBITDA
742
EBITDA Margin
23.7%