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.

Analysis of Long-term (Investment) Activity Ratios 
Quarterly Data

Microsoft Excel

Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.

Long-term Activity Ratios (Summary)

Albemarle Corp., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Net fixed asset turnover 1.19 1.05 0.87 0.70 0.60 0.56 0.59 0.59 0.60 0.58 0.62 0.66 0.70 0.73 1.00 1.01 1.07 1.12 — — —
Total asset turnover 0.50 0.47 0.40 0.35 0.32 0.30 0.31 0.30 0.31 0.30 0.32 0.33 0.36 0.36 0.43 0.42 0.43 0.45 — — —
Equity turnover 0.95 0.92 0.83 0.71 0.62 0.59 0.58 0.52 0.56 0.73 0.79 0.84 0.90 0.91 0.92 0.90 0.92 0.94 — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Albemarle Corp. net fixed asset turnover ratio improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Albemarle Corp. total asset turnover ratio improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Albemarle Corp. equity turnover ratio improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Net Fixed Asset Turnover

Albemarle Corp., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net sales 2,580,252 2,620,978 2,091,805 1,479,593 1,127,728 894,204 830,566 773,896 829,291 879,147 746,868 764,049 738,845 992,564 879,747 885,052 832,064 921,699 777,748 853,874 821,629
Net property, plant and equipment 7,353,489 6,962,997 6,425,107 6,208,024 6,028,653 5,909,616 5,655,477 5,510,599 5,390,329 5,354,625 5,242,724 5,136,357 5,025,969 4,909,473 3,524,037 3,390,625 3,170,190 3,021,084 2,825,365 2,669,660 2,569,206
Long-term Activity Ratio
Net fixed asset turnover1 1.19 1.05 0.87 0.70 0.60 0.56 0.59 0.59 0.60 0.58 0.62 0.66 0.70 0.73 1.00 1.01 1.07 1.12 — — —
Benchmarks
Net Fixed Asset Turnover, Competitors2
Linde plc 1.40 1.42 1.49 1.36 1.24 1.18 1.14 1.08 1.03 0.95 — — — — — — — — — — —
Sherwin-Williams Co. 9.57 10.04 10.62 10.59 10.64 10.68 10.77 10.88 10.60 10.01 — — — — — — — — — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Net fixed asset turnover = (Net salesQ1 2023 + Net salesQ4 2022 + Net salesQ3 2022 + Net salesQ2 2022) ÷ Net property, plant and equipment
= (2,580,252 + 2,620,978 + 2,091,805 + 1,479,593) ÷ 7,353,489 = 1.19

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Albemarle Corp. net fixed asset turnover ratio improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Total Asset Turnover

Albemarle Corp., total asset turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net sales 2,580,252 2,620,978 2,091,805 1,479,593 1,127,728 894,204 830,566 773,896 829,291 879,147 746,868 764,049 738,845 992,564 879,747 885,052 832,064 921,699 777,748 853,874 821,629
Total assets 17,564,358 15,456,522 13,828,502 12,520,405 11,416,058 10,974,118 10,832,325 10,796,926 10,290,302 10,450,946 10,231,983 10,170,253 9,847,638 9,860,863 8,141,603 8,094,414 7,871,062 7,581,674 7,487,195 7,538,363 7,556,340
Long-term Activity Ratio
Total asset turnover1 0.50 0.47 0.40 0.35 0.32 0.30 0.31 0.30 0.31 0.30 0.32 0.33 0.36 0.36 0.43 0.42 0.43 0.45 — — —
Benchmarks
Total Asset Turnover, Competitors2
Linde plc 0.42 0.42 0.45 0.42 0.38 0.38 0.35 0.34 0.33 0.31 — — — — — — — — — — —
Sherwin-Williams Co. 0.98 0.98 0.97 0.94 0.93 0.97 0.95 0.96 0.92 0.90 — — — — — — — — — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Total asset turnover = (Net salesQ1 2023 + Net salesQ4 2022 + Net salesQ3 2022 + Net salesQ2 2022) ÷ Total assets
= (2,580,252 + 2,620,978 + 2,091,805 + 1,479,593) ÷ 17,564,358 = 0.50

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Albemarle Corp. total asset turnover ratio improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Equity Turnover

Albemarle Corp., equity turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net sales 2,580,252 2,620,978 2,091,805 1,479,593 1,127,728 894,204 830,566 773,896 829,291 879,147 746,868 764,049 738,845 992,564 879,747 885,052 832,064 921,699 777,748 853,874 821,629
Total Albemarle Corporation shareholders’ equity 9,212,735 7,982,627 6,732,636 6,085,291 5,826,600 5,625,266 5,694,116 6,165,549 5,746,384 4,268,227 4,124,881 4,024,472 3,878,004 3,932,250 3,836,559 3,800,801 3,672,274 3,585,321 3,528,844 3,693,576 3,800,310
Long-term Activity Ratio
Equity turnover1 0.95 0.92 0.83 0.71 0.62 0.59 0.58 0.52 0.56 0.73 0.79 0.84 0.90 0.91 0.92 0.90 0.92 0.94 — — —
Benchmarks
Equity Turnover, Competitors2
Linde plc 0.83 0.83 0.90 0.82 0.74 0.70 0.67 0.63 0.60 0.58 — — — — — — — — — — —
Sherwin-Williams Co. 7.13 7.14 8.35 9.34 9.08 8.18 7.31 6.92 6.13 5.09 — — — — — — — — — — —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q1 2023 Calculation
Equity turnover = (Net salesQ1 2023 + Net salesQ4 2022 + Net salesQ3 2022 + Net salesQ2 2022) ÷ Total Albemarle Corporation shareholders’ equity
= (2,580,252 + 2,620,978 + 2,091,805 + 1,479,593) ÷ 9,212,735 = 0.95

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Albemarle Corp. equity turnover ratio improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.