Earnings Summary

Albemarle Corporation’s revenue fell -10.1% since last year same period to $2356.17Mn in the Q4 2023. On a quarterly growth basis, Albemarle Corporation has generated 1.97% jump in its revenue since last 3-months.

Albemarle Corporation’s net profit fell -173.62% since last year same period to $-617.68Mn in the Q4 2023. On a quarterly growth basis, Albemarle Corporation has generated -304.17% fall in its net profits since last 3-months.

Albemarle Corporation’s net profit margin fell -181.9% since last year same period to -26.22% in the Q4 2023. On a quarterly growth basis, Albemarle Corporation has generated -300.22% fall in its net profit margins since last 3-months.

Albemarle Corporation’s price-to-earnings ratio after this Q4 2023 earnings stands at 9.55.

Albemarle Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.25 - a -75.25% fall from last quarter’s estimates.

Albemarle Corporation’s earning per share (EPS) estimates for the current year stand at 0.25.

Albemarle Corporation’s earning per share (EPS) fell -78.54% since last year same period to 1.85 in the Q4 2023. This indicates that the Albemarle Corporation has generated -78.54% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Albemarle Corporation’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Albemarle Corporation’s return on equity (ROE) stands at 0.19.

Albemarle Corporation declared 0.4 dividend per share during the earnings announcement for Q4 2023.