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Companies · ALB

ALB Reported this cycle

Albemarle

Charlotte, NC Founded 1993 Mining & Critical Minerals

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Sep 3, 2026

Albemarle FY2025 revenue declined 4.4% YoY to $5.14B amid lithium pricing compression and destocking headwinds.

Albemarle reported consolidated FY2025 revenue of $5.14 billion, down 4.4% year-over-year from $5.38 billion in FY2024, driven by significant lithium pricing deterioration and continuing customer destocking cycles across battery and specialty chemicals segments. The company faces structural margin compression from commodity lithium oversupply extending into 2026, offset partially by bromine-segment resilience and cost mitigation initiatives. Management's forward guidance reflects cautious positioning on lithium recovery timing and material uncertainty around EV demand normalization.

Tone: cautious

Revenue

$5.1B

ALB 10-K · FY 2025

Employees

7,800

Revenue FY2024

$5.4B

Founded

1993

Profile

ALB 10-K Item 1 · Feb 11, 2026

Albemarle is a Virginia-incorporated specialty chemicals company and world leader in lithium and bromine compounds, serving end markets including electric vehicles, grid storage, electronics, pharmaceuticals, and conventional energy. The company operates through three reportable segments — Energy Storage, Specialties, and Ketjen — across more than 25 production and R&D facilities in approximately 70 countries. As of late 2025, Albemarle is divesting the controlling interest in its Ketjen Refining Solutions business to focus on its higher-priority lithium and bromine businesses.

Read filing description ↓

Albemarle is a world leader in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. Our purpose is to enable a more resilient world. We partner to pioneer new ways to move, power, connect, and protect. The end markets we serve include grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical devices. We believe that our world-class resources with reliable and consistent supply, our leading process chemistry, high-impact innovation, customer centricity and focus on people and planet will enable us to maintain a leading position in the industries in which we operate. We and our joint ventures currently operate more than 25 production and research and development facilities, as well as a number of administrative and sales offices, around the world. As of December 31, 2025, we served approximately 1,900 customers in approximately 70 countries. During 2025, we managed and reported our operations under three reportable segments: Energy Storage, Specialties and Ketjen. The Energy Storage business enables better lithium use through reliable supply and consistent quality, developing and manufacturing a broad range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. The Specialties business optimizes our portfolio of bromine and highly specialized lithium solutions, serving a variety of industries including energy, mobility, connectivity, and health. The Ketjen segment offers hydroprocessing catalysts, fluidized catalytic cracking catalysts and performance catalyst solutions for the global refining industry, though the controlling interest in its Refining Solutions business is being divested.

Primary products

  • lithium carbonate
  • lithium hydroxide
  • lithium chloride
  • butyllithium
  • lithium aluminum hydride
  • elemental bromine

Business segments

Energy Storage Specialties Ketjen

End markets

grid storage automotive aerospace conventional energy electronics construction agriculture and food pharmaceuticals and medical devices

Geographies

Americas Asia Pacific Europe Middle East

Named customers

Battery and EV manufacturers Oil refining and petrochemical producers Specialty chemicals and flame retardant manufacturers

Named competitors

Sociedad Quimica y Minera de Chile S.A. Sichuan Tianqi Lithium Jiangxi Ganfeng Lithium Rio Tinto plc Pilbara Minerals Tesla Lanxess AG Israel Chemicals Ltd
“We are a world leader in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health.” Competitive position, as stated in the filing

Revenue commentary · FY 2025

Net sales declined from approximately $5.4 billion in 2024 to approximately $5.1 billion in 2025, partially offset by a 9% year-over-year increase in Energy Storage volume, against a backdrop of significantly lower lithium market pricing versus the prior year.

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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

SeventhBiz analysis 6 signals 14 diligence answers 2 M&A transactions SWOT