ALB
Price:
$89.2
Market Cap:
$10.48B
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and ot...[Read more]
Industry
Chemicals - Specialty
IPO Date
1994-02-22
Stock Exchange
NYSE
Ticker
ALB
According to Albemarle Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.44. This represents a change of 3.81% compared to the average of 2.35 of the last 4 quarters.
The mean historical Current Ratio of Albemarle Corporation over the last ten years is 1.80. The current 2.44 Current Ratio has changed 13.51% with respect to the historical average. Over the past ten years (40 quarters), ALB's Current Ratio was at its highest in in the December 2014 quarter at 2.94. The Current Ratio was at its lowest in in the December 2021 quarter at 1.07.
Average
1.80
Median
1.63
Minimum
1.07
Maximum
2.94
Discovering the peaks and valleys of Albemarle Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 156.08%
Maximum Annual Current Ratio = 2.94
Minimum Annual Increase = -61.45%
Minimum Annual Current Ratio = 1.07
Year | Current Ratio | Change |
---|---|---|
2023 | 1.47 | -22.57% |
2022 | 1.89 | 76.64% |
2021 | 1.07 | -12.50% |
2020 | 1.22 | -22.47% |
2019 | 1.58 | -6.50% |
2018 | 1.69 | -18.13% |
2017 | 2.06 | -28.87% |
2016 | 2.90 | 156.08% |
2015 | 1.13 | -61.45% |
2014 | 2.94 | -13.55% |
The current Current Ratio of Albemarle Corporation (ALB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.48
5-year avg
1.45
10-year avg
1.80
Albemarle Corporation’s Current Ratio is less than Livent Corporation (3.46), greater than Linde plc (0.96), greater than Air Products and Chemicals, Inc. (1.52), greater than DuPont de Nemours, Inc. (2.28), less than Sociedad Química y Minera de Chile S.A. (2.94), less than Gevo, Inc. (8.25), greater than PPG Industries, Inc. (1.58), greater than The Sherwin-Williams Company (0.83), greater than Ecolab Inc. (1.30), greater than LyondellBasell Industries N.V. (2.13),
Company | Current Ratio | Market cap |
---|---|---|
3.46 | $2.97B | |
0.96 | $201.10B | |
1.52 | $65.28B | |
2.28 | $32.13B | |
2.94 | $10.32B | |
8.25 | $363.90M | |
1.58 | $27.87B | |
0.83 | $86.85B | |
1.30 | $67.70B | |
2.13 | $24.04B |
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