Albemarle Corp (ALB)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	-1,179,447	-1,872,420	-500,897	337,344	1,573,476	3,323,596	3,918,278	3,675,008	2,689,811	1,553,547	263,551	281,378	123,672	212,131	703,213	364,237	375,764	381,520	438,289	506,863
Total stockholders’ equity	US$ in thousands	9,961,520	10,240,600	11,222,600	11,532,800	9,412,180	9,897,820	9,815,310	9,212,740	7,982,630	6,732,640	6,085,290	5,826,600	5,625,270	5,694,120	6,165,550	5,746,380	4,268,230	4,124,880	4,024,470	3,878,000
ROE		-11.84%	-18.28%	-4.46%	2.93%	16.72%	33.58%	39.92%	39.89%	33.70%	23.07%	4.33%	4.83%	2.20%	3.73%	11.41%	6.34%	8.80%	9.25%	10.89%	13.07%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-1,179,447K ÷ $9,961,520K
= -11.84%

Albemarle Corp's Return on Equity (ROE) has shown fluctuations over the data period provided.

The ROE decreased from 13.07% as of March 31, 2020, to 2.93% as of March 31, 2024. There was a significant increase in ROE around the end of 2022, reaching 33.70% as of December 31, 2022, and continuing to rise in the following quarters before reaching a peak of 39.92% as of June 30, 2023.

However, the ROE experienced a sharp decline in the second half of 2024, falling into negative territory at -4.46% as of June 30, 2024, and plummeting further to -18.28% as of September 30, 2024, and -11.84% as of December 31, 2024.

Overall, while Albemarle Corp had periods of strong ROE performance, especially in 2022 and 2023, the negative ROE in the latter part of 2024 highlights potential challenges in profitability and efficiency that may require further examination and strategic adjustments by the company.