ALB

Albemarle Corporation

Halal Rating :
Comfortable
Last Price $88.73 Last updated:
Market Cap $10.77b
7D Change -10.72%
1 Year Change -39.0%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Manufacturing
  • Chemicals
  • Plastic Material & Synthetic Resin/Rubber
Exchange NYSE
Next Earnings Date Oct. 30, 2024

Albemarle Corporation is a global specialty chemicals company that develops, manufactures, and markets a wide range of products including lithium, bromine, and catalyst solutions. The company is one of the world's largest lithium producers, a key component in electric vehicle batteries and energy storage systems.

The company operates through three main segments: Lithium, Bromine Specialties, and Catalysts. Their products serve various industries including energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $1.35b $2.51b - $47.76m 0.00% 1.90%
June 30, 2024 $1.43b $1.96b - $35.19m 0.00% 1.80%
March 31, 2024 $1.36b $1.58b - $37.97m 0.00% 2.41%

Company Impact

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