Stock Analysis on Net
Stock Analysis on Net

Albemarle Corp. (NYSE:ALB)

This company has been moved to the archive! The financial data has not been updated since May 3, 2023.

Common-Size Income Statement 

Albemarle Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net sales 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -58.00 -70.01 -68.20 -64.96 -63.93
Gross profit 42.00% 29.99% 31.80% 35.04% 36.07%
Selling, general and administrative expenses -7.16 -13.27 -13.74 -14.86 -13.22
Research and development expenses -0.98 -1.62 -1.89 -1.62 -2.08
Gain (loss) on sale of business/interest in properties, net -0.11 8.89 0.00 0.00 6.23
Operating profit 33.74% 23.99% 16.17% 18.56% 27.01%
Interest and financing expenses -1.68 -1.85 -2.34 -1.61 -1.55
Other income (expenses), net 1.18 -18.13 -1.89 -1.27 -1.91
Income before income taxes and equity in net income of unconsolidated investments 33.24% 4.02% 11.94% 15.68% 23.55%
Income tax expense -5.34 -0.88 -1.74 -2.46 -4.29
Income before equity in net income of unconsolidated investments 27.91% 3.13% 10.20% 13.23% 19.26%
Equity in net income of unconsolidated investments, net of tax 10.55 2.88 4.08 3.61 2.64
Net income 38.46% 6.01% 14.27% 16.84% 21.90%
Net income attributable to noncontrolling interests -1.71 -2.29 -2.26 -1.98 -1.35
Net income attributable to Albemarle Corporation 36.75% 3.72% 12.01% 14.86% 20.55%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Operating profit The net result for the period of deducting operating expenses from operating revenues. Albemarle Corp. operating profit as a percentage of net sales increased from 2020 to 2021 and from 2021 to 2022.
Income before income taxes and equity in net income of unconsolidated investments Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Albemarle Corp. income before income taxes and equity in net income of unconsolidated investments as a percentage of net sales decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
Net income attributable to Albemarle Corporation The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Albemarle Corp. net income attributable to Albemarle Corporation as a percentage of net sales decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.