Albemarle Corp (ALB)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	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
Operating income (ttm)	US$ in thousands	-1,776,545	-2,630,813	-1,661,997	-1,029,388	251,878	1,934,753	2,965,744	3,259,842	2,470,061	1,605,766	846,312	954,549	798,434	954,856	967,765	537,632	505,812	519,761	561,476	635,013
Revenue (ttm)	US$ in thousands	5,377,520	6,501,970	7,457,880	8,397,690	9,617,200	9,882,020	9,663,220	8,772,620	7,320,100	5,593,324	4,332,090	3,626,396	3,327,957	3,312,900	3,229,202	3,219,355	3,128,909	3,242,326	3,375,205	3,496,208
Operating profit margin		-33.04%	-40.46%	-22.29%	-12.26%	2.62%	19.58%	30.69%	37.16%	33.74%	28.71%	19.54%	26.32%	23.99%	28.82%	29.97%	16.70%	16.17%	16.03%	16.64%	18.16%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,776,545K ÷ $5,377,520K
= -33.04%

The operating profit margin of Albemarle Corp has exhibited fluctuations over the past few years. Starting from March 31, 2020, where it stood at 18.16%, the margin gradually decreased to 16.03% by September 30, 2020. It then increased slightly to 16.17% by December 31, 2020.

Subsequently, the operating profit margin experienced significant fluctuations, reaching a peak of 37.16% on March 31, 2023. However, from that point onwards, the margin began to decline, dropping to 2.62% by December 31, 2023, and further decreasing to negative figures in the subsequent quarters.

By December 31, 2024, the operating profit margin had plummeted to -33.04%. The negative margins in the latter part of the period raise concerns about the company's ability to generate profits from its core business operations. The company may need to evaluate its cost structure and revenue streams to improve profitability moving forward.