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.
Peer comparison
Dec 31, 2024