Albemarle Corp (ALB)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands -1,179,450 1,573,480 2,689,820 123,672 375,764
Revenue US$ in thousands 5,377,530 9,617,200 7,320,100 3,327,960 3,128,910
Net profit margin -21.93% 16.36% 36.75% 3.72% 12.01%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-1,179,450K ÷ $5,377,530K
= -21.93%

The net profit margin of Albemarle Corp has shown fluctuating trends over the past five years.

- In December 2020, the net profit margin was 12.01%, indicating that for every dollar of revenue generated, the company retained 12.01 cents as net profit.
- By December 2021, the net profit margin decreased to 3.72%, suggesting that the company's profitability relative to its revenue had declined.
- A significant improvement was seen by December 2022, with a drastic increase in the net profit margin to 36.75%. This sharp rise indicates a strong performance in converting revenue into net profit.
- However, in December 2023, the net profit margin declined to 16.36%, although still above the 2021 level, signifying a slight decrease in profitability.
- The data for December 2024 reveals a negative net profit margin of -21.93%, implying that the company's costs and expenses exceeded its generated revenue, resulting in a net loss for that period.

Overall, the analysis of Albemarle Corp's net profit margin highlights fluctuations in profitability over the five-year period, with notable improvements in certain years but also with challenges in maintaining consistent positive margins.


See also:

Albemarle Corp Net Profit Margin