Company Information

  

Address: 4350 CONGRESS STREET
SUITE 700 
City: CHARLOTTE 
State: NC 
Zip Code: 28209 
Telephone: 980-299-5700 

Description of Business

Primary SIC Code: 2821
(As filed with the SEC)  

Albemarle Corporation was incorporated in Virginia in 1993. Our principal executive offices are located at 4350 Congress Street, Suite 700, Charlotte, North Carolina 28209. Unless the context otherwise indicates, the terms "Albemarle," "we," "us," "our" or "the Company" mean Albemarle Corporation and its consolidated subsidiaries. On December 14, 2016, we completed the sale of the Chemetall┬« Surface Treatment business to BASF SE for cash proceeds of approximately $3.1 billion, net of purchase price adjustments. The Chemetall Surface Treatment business was acquired on January 12, 2015 as part of the acquisition of Rockwood Holdings, Inc. ("Rockwood"). For additional information, see "Recent Acquisitions, Joint Ventures and Divestitures" beginning on page 9, and also Note 3, "Divestitures," to our consolidated financial statements included in Part II, Item 8 of this report.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20172.660.32039.68
03/20172.480.32042.60
12/20163.900.30522.07
09/20165.260.30516.25
06/20163.190.30524.86
03/20164.620.30513.84
12/20153.000.29018.67
09/20151.230.29035.85

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.31Total Liab/Total Assets0.53
Net Inc/Total Assets0.08Total Liab/Inv Cap0.64
Net Inc/Inv Cap0.10Total Liab/Comm Equity2.09
Pretax Inc/Net Sales0.24Interest Coverage Ratio10.78
Net Inc/Net Sales0.24Curr Debt/Equity0.07
Cash Flow/Net Sales0.27LTD/Equity0.56
SG&A/NetSales0.14Total Debt/Equity0.62
Asset Utilization   Liquidity  
Net Receivables Turnover5.35Quick Ratio2.51
Inventory Turnover3.84Current Ratio2.90
Inventory Day Sales0.01Net Rec/Curr Assets0.16
Net Sales/Work Cap1.24Inv/Curr Assets0.14
Net Sales/PP&E1.13  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 737.26 722.06 696.66 654.01
Cost of Goods Sold 465.16 466.98 455.69 415.04
Selling & Admin Exps 115.69 108.00 125.48 86.30
Operating Income 139.07 122.76 83.35 124.91
Interest Exp 14.59 68.51 18.32 15.95
Pretax Income 121.77 53.46 70.19 111.95
Other Income -2.71 -0.79 5.15 2.99
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 103.33 51.21 602.09 128.22

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 1,006.95 1,254.54 2,269.76 233.60
Receivables - Total 539.23 562.95 528.02 491.52
Inventories - Total 565.89 518.94 450.26 504.98
Total Current Assets 2,204.45 2,390.25 3,306.62 1,557.70
Net Property, Plant & Equipment 2,416.83 2,381.38 2,360.14 5,319.98
Total Assets 7,291.99 7,366.47 8,161.21 9,396.94
Liabilities        
Accounts Payable 676.55 893.45 892.56 540.21
Debt in Current Liabilities 307.11 314.50 247.54 400.89
Total Current Liabilities 983.66 1,207.95 1,140.10 1,076.83
Long-Term Debt 1,421.47 1,398.39 2,121.72 3,048.44
Total Liabilities 3,531.16 3,728.80 4,366.15 6,097.92
Stockholder's Equity        
Minority Interest 138.96 146.30 147.54 152.41
Preferred Stock NA NA NA NA
Common Stock 1.10 1.11 1.13 1.12
Retained Earnings 2,205.59 2,137.70 2,121.93 1,554.16
Treasury Stock NA NA NA NA
Total Stockholders' Equity 3,760.83 3,637.67 3,795.06 3,299.02
Total Liabilities and Stockholders' Equity 7,291.99 7,366.47 8,161.21 9,396.94

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -137.04 82.59 280.97 199.59
Net Cash Provided by Investing Activities -48.83 -80.14 2,832.36 -41.94
Net Cash Provided by Financing Activities -60.01 -1,021.80 -1,067.66 -115.06

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20122,519.15311.543.47
12/20132,394.27413.174.90
12/20142,445.55133.322.57
12/20152,826.43334.913.00
12/20162,677.20643.673.90
Growth Rates1.5319.892.96

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1756694,84485.85




Report Date : 10/16/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.