Albemarle Corporation (ALB) financial statements (2021 and earlier)

Company profile

Business Address 4250 CONGRESS STREET
CHARLOTTE, NC 28209
State of Incorp. VA
Fiscal Year End December 31
SIC 2821 - Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0 5551,1372,270214
Cash and cash equivalents  5551,1372,270214
Short-term investments0     
Receivables593 658572528633
Inventory, net of allowances, customer advances and progress billings750 701593450509
Inventory750 701593450509
Contract with customer, asset522  
Disposal group, including discontinued operation   39 156
Other current assets116 851365971
Other undisclosed current assets224    248
Total current assets:2,206 1,9982,4783,3071,831
Noncurrent Assets
Property, plant and equipment5,355 3,0212,4932,3602,485
Long-term investments and receivables656 529534458455
Long-term investments656 529534458455
Intangible assets, net (including goodwill)2,015 1,9532,0321,8954,627
Goodwill1,666 1,5671,6101,5402,894
Intangible assets, net (excluding goodwill)349 3864223551,733
Disposal group, including discontinued operation, noncurrent assets   140  
Other noncurrent assets219 8074142217
Total noncurrent assets:8,245 5,5835,2734,8557,784
TOTAL ASSETS:10,451 7,5827,7518,1619,615
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities997 876777893811
Accounts payable483 523419282307
Accrued liabilities441 257268322402
Taxes payable32 615525469
Interest and dividends payable41 35353432
Debt805 307422248677
Accrued environmental loss contingencies     1
Disposal group, including discontinued operation   2 73
Other undisclosed current liabilities     54
Total current liabilities:1,802 1,1831,2011,1401,617
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,767 1,3981,4152,1223,175
Long-term debt, excluding current maturities2,767 1,3981,4152,122 
Other undisclosed long-term debt and lease obligation     3,175
Liabilities, other than long-term debt1,413 1,2411,3179571,422
Deferred tax liabilities, net383370413736
Deferred income tax liabilities395 
Liability, pension and other postretirement and postemployment benefits389 332347349431
Disposal group, including discontinued operation, liabilities   1  
Other liabilities629 527599195255
Total noncurrent liabilities:4,181 2,6392,7323,0794,597
Total liabilities:5,982 3,8233,9334,2196,214
Stockholders' equity
Stockholders' equity attributable to parent4,268 3,5853,6753,7953,254
Common stock1 1111
Additional paid in capital1,438 1,3691,8642,0842,059
Accumulated other comprehensive loss(326) (351)(226)(412)(421)
Retained earnings3,155 2,5662,0352,1221,615
Stockholders' equity attributable to noncontrolling interest200 174143148147
Total stockholders' equity:4,469 3,7593,8183,9433,401
TOTAL LIABILITIES AND EQUITY:10,451 7,5827,7518,1619,615

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,129 3,3753,0722,6773,651
Revenue, net3,0722,6773,651
Cost of revenue(2,134) (2,158)(1,962)(1,707)(2,454)
Cost of goods and services sold   (1,962)(1,707)(2,454)
Gross profit:995 1,2171,1109711,197
Operating expenses(489) (306)(522)(396)(608)
Other undisclosed operating loss     (146)
Operating income:506 912588575442
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(59) (64)(26)648
Interest and debt expense(73) (52)(115)(65)(133)
Income from continuing operations before equity method investments, income taxes:374 795447515358
Income from equity method investments128 89846031
Income from continuing operations before income taxes:501 884531575389
Income tax expense(54) (145)(432)(96)(29)
Income from continuing operations:447 73999479360
Income from discontinued operations    202 
Net income:447 73999681360
Net loss attributable to noncontrolling interest(71) (46)(45)(37)(25)
Net income available to common stockholders, diluted:376 69455644335

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:447 73999681360
Other comprehensive income (loss)70 (125)1888(361)
Comprehensive income (loss):516 614287689(1)
Comprehensive loss, net of tax, attributable to noncontrolling interest(71) (45)(46)(36)(23)
Comprehensive income (loss), net of tax, attributable to parent:445 569242653(24)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: