AI Earnings Predictions for Albemarle Corporation (ALB)

EX-99.1

2 a3q26earningsreleaseex991.htm

EX-99.1

Document

Exhibit 99.1

Contact:

invest@albemarle.com1.980.308.6194

Albemarle Reports Third Quarter 2026 Results

CHARLOTTE, N.C. – November 4, 2026 - Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2026.

Third Quarter 2026 and Recent Highlights

(Unless otherwise stated, all percentage changes represent year-over-year comparisons and do not exclude the prior-period results of Ketjen’s refining catalyst solutions business in which the company sold a 51% stake on March 2, 2026)

•Net sales of $1.6 billion, up 19% due to higher pricing in Energy Storage (+68%) and higher pricing and volumes in Specialties (price +10%, volume +3%).

•Net income of $297 million, or $2.15 per diluted share attributable to common shareholders; Adjusted net income(a) of $354 million, or $2.58 per diluted share attributable to common shareholders which primarily excludes restructuring and other related charges.

•Adjusted EBITDA(a) of $646 million; up 186% due primarily to higher pricing in Energy Storage, increased pricing and volumes in Specialties and cost and productivity improvements.

•Cash from operating activities of $406 million and free cash flow of $325 million(a). Operating cash flow conversion of 63%(a), supported by a cash dividend from the Talison joint venture which partly offset timing of working capital changes.

•Delivered more than $150 million in year-to-date run-rate cost and productivity improvements, achieving the high end of our full-year target.

•Talison’s Chemical Grade Plant 3 (CGP3) achieved 30-days of nameplate performance in September.

•Improving full-year 2026 outlook considerations including:

◦Specialties adjusted EBITDA of $350-$375 million (up from $275-$325 million), in part driven by ongoing cost and productivity improvements.

◦Reducing full-year capital expenditure forecast to $300-$350 million (down from approximately $500 million), reflecting continued benefits from our focused capital efficiency improvements, as well as resequencing of some early-stage projects.

(a)    See Non-GAAP Reconciliations for further details.

“Albemarle delivered another solid quarter, reflecting disciplined execution across the enterprise,” said Kent Masters, Chairman and CEO. “In Specialties, improved pricing and sustained progress on cost and productivity initiatives support an additional increased outlook for the year. Global lithium demand is up 48% year-to-date though August, driven by both electric vehicles and energy storage, reinforcing our confidence in the long-term outlook for the industry. We will continue to prioritize high-return organic growth by leveraging our advantaged resource base, capital spending efficiency, and financial flexibility.”

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Third Quarter 2026 Results

In millions, except per share amountsQ3 2026Q3 2025Change% Change

Net sales$1,553.1 $1,307.8 $245.3 18.8 %

Net income (loss) attributable to Albemarle Corporation$296.8 $(160.7)$457.4 NM

Adjusted EBITDA(a) $645.5 $225.6 $419.9 186.1 %

Diluted income (loss) per share attributable to common shareholders$2.15 $(1.72)$3.87 NM

Non-operating pension and OPEB items(a)

0.01 —

Non-recurring and other unusual items(a)

0.41 1.53

Adjusted diluted income (loss) per share attributable to common shareholders(a)(b)

$2.58 $(0.19)$2.77 NM

(a)    See Non-GAAP Reconciliations for further details.

(b)    Totals may not add due to rounding.

Net sales for the third quarter of 2026 were $1.6 billion, up 19%, driven primarily by higher prices in both Energy Storage and Specialties and volume growth in Specialties. Adjusted EBITDA of $646 million increased by $420 million from the prior-year quarter, primarily due to higher net sales and ongoing cost and productivity improvements.

Net income attributable to Albemarle of $297 million increased year over year by $457 million. The effective income tax rate for the third quarter of 2026 was 16.4% or 5.8% on an adjusted basis due to geographic income mix.

Energy Storage Results

In millionsQ3 2026Q3 2025Change% Change

Net Sales$1,118.8 $708.8 $410.0 57.9 %

Sales Volume (kT LCE)(a) 56 69 (13)(18.8)%

Avg. Realized Price ($/kg LCE)(a) $20.02 $10.28 $9.74 94.7 %

Adjusted EBITDA$559.8 $124.1 $435.7 351.2 %

(a) Includes aggregated salts and spodumene sales on a lithium carbonate equivalent (LCE) basis.

Energy Storage net sales for the third quarter of 2026 were $1.1 billion, an increase of $410 million, or 58%, due to higher pricing. Adjusted EBITDA of $560 million increased $436 million, or 351%, primarily due to improved lithium pricing and partially offset by higher price spodumene inventory processed in the quarter and increased Chilean commissions. Sales volume declined year-over-year primarily due to timing events in the prior-year period, including inventory destocking and higher-than-u

EX-99.1

2 a2q26earningsreleaseex991.htm

EX-99.1

Document

Exhibit 99.1

Contact:

invest@albemarle.com1.980.308.6194

Albemarle Reports Second Quarter 2026 Results

CHARLOTTE, N.C. – August 5, 2026 - Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the second quarter ended June 30, 2026.

Second Quarter 2026 and Recent Highlights

(Unless otherwise stated, all percentage changes represent year-over-year comparisons and do not exclude the prior-period results of Ketjen’s refining catalyst solutions business in which the company sold a 51% stake on March 2, 2026)

•Net sales of $1.7 billion, up 31% due to higher pricing in Energy Storage (+73%) and higher pricing and volumes in Specialties (price +11%, volume +8%).

•Net income of $480 million, or $3.52 per diluted share attributable to common shareholders.

•Adjusted EBITDA(a) of $858 million; up 155% due primarily to higher pricing in Energy Storage, increased pricing and volumes in Specialties and ongoing cost and productivity improvements. Adjusted EBITDA expanded in both Energy Storage (+229%) and Specialties (+61%).

•Cash from operating activities of $710 million and free cash flow of $638 million(a). Operating cash flow conversion of 83%(a), primarily driven by timing of an increased dividend from the Talison joint venture and non-recurring working capital benefits.

•Delivered $100 million in year-to-date run-rate cost and productivity improvements, tracking towards the high end of our full-year target of $100 to $150 million.

•Improving full-year 2026 outlook considerations including:

◦Increasing full-year Specialties net sales outlook to $1.4 to $1.6 billion and adjusted EBITDA outlook to $275 to $325 million, due to stronger-than-expected pricing and volume performance year to date.

◦Expect minimal impact to Energy Storage sales volume related to the fire at Talison CGP3 which occurred on June 9, in part due to better-than-planned output from the Wodgina mine.

◦Reducing full-year capital expenditure forecast to approximately $500 million due to ongoing capital efficiency improvements.

(a)    See Non-GAAP Reconciliations for further details.

“Albemarle delivered another quarter of strong results, reflecting improved pricing, continued strength in Specialties, disciplined cost and productivity execution, and strong cash generation,” said Kent Masters, Chairman and CEO. “We continue to see resilient demand fundamentals across our core markets, including energy storage, electric vehicles, and semiconductors. We are advancing our highest value organic growth opportunities while maintaining a disciplined approach to capital allocation and execution.”

Second Quarter 2026 Results

In millions, except per share amountsQ2 2026Q2 2025$ Change% Change

Net sales$1,743.3 $1,330.0 $413.3 31.1 %

Net income attributable to Albemarle Corporation$480.0 $22.9 $457.1 1,996.2 %

Adjusted EBITDA(a) $858.1 $336.5 $521.6 155.0 %

Diluted income (loss) per share attributable to common shareholders$3.52 $(0.16)$3.68 NM

Non-recurring and other unusual items(a)

0.22 0.27

Adjusted diluted income per share attributable to common shareholders(a)(b)

$3.75 $0.11 $3.64 NM

(a)    See Non-GAAP Reconciliations for further details.

(b)    Totals may not add due to rounding.

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Net sales for the second quarter of 2026 were $1.7 billion compared to $1.3 billion for the prior-year quarter, up 31%, driven primarily by higher prices in both Energy Storage and Specialties and volume growth in Specialties. Adjusted EBITDA of $858 million increased by $522 million from the prior-year quarter, primarily due to higher net sales and ongoing cost and productivity improvements.

Net income attributable to Albemarle of $480 million increased year over year by $457 million. The effective income tax rate for the second quarter of 2026 was 21.3% or 19.1% on an adjusted basis.

Energy Storage Results

In millionsQ2 2026Q2 2025$ Change% Change

Net Sales$1,276.7 $717.7 $559.0 77.9 %

Sales Volume (kT LCE)(a) 65 59 6 11.0 %

Avg. Realized Price ($/kg LCE)(a) $19.53 $12.17 $7.36 60.5 %

Adjusted EBITDA$723.5 $219.7 $503.7 229.3 %

(a) Includes aggregated salts and spodumene sales on a lithium carbonate equivalent (LCE) basis.

Energy Storage net sales for the second quarter of 2026 were $1.3 billion, an increase of $559 million, or 78%, due to higher pricing. Adjusted EBITDA of $723 million increased $504 million, or 229%, primarily due to higher lithium pricing partially offset by higher CORFO commissions.

Specialties Results

In millionsQ2 2026Q2 2025$ Change% Change

Net Sales$423.5 $351.6 $71.9 20.5 %

Adjusted EBITDA$117.7 $73.0 $44.7 61.3 %

Specialties net sales for the second quarter of 2026 were $423 million, an increase of $72 million, or 20%, primarily due to higher volumes (+8%) and pricing (+11%). Adjusted EBITDA of $118 million increased $45 million, or 61%, primari

EX-99.1

2 a1q26earningsreleaseex991.htm

EX-99.1

Document

Exhibit 99.1

Contact:

invest@albemarle.com1.980.308.6194

Albemarle Reports First Quarter 2026 Results

CHARLOTTE, N.C. – May 6, 2026 - Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the first quarter ended March 31, 2026.

First Quarter 2026 and Recent Highlights

(Unless otherwise stated, all percentage changes represent year-over-year comparisons)

•Net sales of $1.4 billion, up 33% due to higher volumes and pricing in Energy Storage (volumes +14%, price +51%) and Specialties (volumes +7%, price +2%).

•Net income of $319 million, or $2.34 per diluted share attributable to common shareholders; Adjusted income of $2.95 per diluted share attributable to common shareholders(a).

•Adjusted EBITDA(a) of $664 million; up 148% due primarily to higher volumes and pricing in Energy Storage and Specialties and on-going cost and productivity improvements. Adjusted EBITDA expanded in both Energy Storage (+196%) and Specialties (+30%).

•Cash from operating activities of $346 million and free cash flow of $248 million(a). Capital expenditures of $99 million; maintaining full-year capital expenditure forecast of $550 million to $600 million.

•Delivered $40 million in cost and productivity improvements, on track to achieve full-year target of $100 million to $150 million.

•Closed sales of Eurecat joint venture and controlling stake in Ketjen for a combined $648 million net cash proceeds.

•Completed debt reduction actions that resulted in paying down $1.3 billion of outstanding debt and lowering the weighted average interest rate.

•Improved 2026 outlook considerations, including increased full-year Specialties outlook for both sales and adjusted EBITDA, primarily due to higher prices, and reduced interest expense following recent debt reduction actions. Maintaining enterprise outlook scenarios as these improvements are expected to offset higher costs related to supply chain disruptions in the Middle East.

(a)    See Non-GAAP Reconciliations for further details.

“Albemarle had a strong start to 2026, with net sales and adjusted EBITDA up year over year. Higher pricing and volumes in Energy Storage and Specialties, along with continued cost and productivity actions, were the key contributors to our results,” said Kent Masters, Chairman and CEO. “We also took advantage of our successful cash and portfolio management actions to pay down debt in the quarter, further strengthening our balance sheet and financial flexibility. As the global operating environment remains uncertain, we are focused on the things within our control, including operational excellence, cost and productivity discipline, and cash generation, to enable long-term volume and earnings growth.”

First Quarter 2026 Results

In millions, except per share amountsQ1 2026Q1 2025$ Change% Change

Net sales$1,428.7 $1,076.9 $351.9 32.7 %

Net income attributable to Albemarle Corporation$319.1 $41.3 $277.7 671.7 %

Adjusted EBITDA(a) $663.8 $267.1 $396.7 148.5 %

Diluted income (loss) per share attributable to common shareholders$2.34 $(0.00)$2.34 NM

Non-operating pension and OPEB items(a)

0.01 —

Non-recurring and other unusual items(a)

0.60 (0.18)

Adjusted diluted income (loss) per share attributable to common shareholders(a)(b)

$2.95 $(0.18)$3.13 NM

(a)    See Non-GAAP Reconciliations for further details.

(b)    Totals may not add due to rounding.

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Net sales for the first quarter of 2026 were $1.4 billion compared to $1.1 billion for the prior-year quarter, up 33%, driven primarily by higher price and volume in both Energy Storage and Specialties. The divestiture of Ketjen reduced net sales by 4% versus prior year. Adjusted EBITDA of $664 million increased by $397 million from the prior-year quarter, primarily due to higher net sales and on-going cost and productivity improvements. Net income attributable to Albemarle of $319 million increased year over year by $278 million.

The effective income tax rate for the first quarter of 2026 was 8.5% compared to 21.0% in the same period of 2025. On an adjusted basis, the effective income tax rates were 5.2% and (42.8)% for the first quarters of 2026 and 2025, respectively, with the change primarily due to geographic income mix including higher income in jurisdictions with net operating losses or tax valuation allowances.

Energy Storage Results

In millionsQ1 2026Q1 2025$ Change% Change

Net Sales$891.2 $524.6 $366.6 69.9 %

Adjusted EBITDA$551.4 $186.4 $365.0 195.9 %

Energy Storage net sales for the first quarter of 2026 were $891 million, an increase of $367 million, or 70%, due to higher pricing (+51%) and volumes (+14%). Adjusted EBITDA of $551 million increased $365 million, or 196%, primarily due to higher lithium pricing, spodumene inventory timing, and cost and productivity improvements.

Specialties Results

In millionsQ1 20