Albemarle Corp (ALB)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 16,609,600 | 17,455,200 | 18,388,300 | 19,032,300 | 18,270,700 | 18,883,400 | 19,109,700 | 17,564,400 | 15,456,500 | 13,828,500 | 12,520,400 | 11,416,100 | 10,974,100 | 10,832,300 | 10,796,900 | 10,290,300 | 10,450,900 | 10,232,000 | 10,170,300 | 9,847,640 |
| Operating ROA | -10.70% | -15.07% | -9.04% | -5.41% | 1.38% | 10.25% | 15.52% | 18.56% | 15.98% | 11.61% | 6.76% | 8.36% | 7.28% | 8.81% | 8.96% | 5.22% | 4.84% | 5.08% | 5.52% | 6.45% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-1,776,545K ÷ $16,609,600K
= -10.70%
Albemarle Corp's operating return on assets (operating ROA) fluctuated over the analyzed period. The Operating ROA declined from 6.45% as of March 31, 2020, to -5.41% as of March 31, 2024. During this period, the company experienced both positive and negative periods, with the highest operating ROA of 18.56% as of March 31, 2023, followed by a significant decrease to 1.38% as of December 31, 2023.
The operating ROA displayed volatility, with some quarters showing improvement, such as the peak of 15.98% as of December 31, 2022, and subsequent declines in the following quarters. However, the operating ROA showed a negative trend overall in the later quarters, with values declining into negative territory from June 30, 2024, onwards.
It is essential for stakeholders to consider the reasons behind these fluctuations in Albemarle Corp's operating ROA and assess the company's operational efficiency and profitability in order to make informed decisions regarding investment and performance analysis.
Peer comparison
Dec 31, 2024