Albemarle
ALB
$112.15
Share price
0.31%
Change (1 day)
-45.11%
Change (1 year)
Categories
Albemarle Corporation is an American chemical company that produces lithium chemicals and flame retardants.
Operating Margin for Albemarle (ALB)
Operating Margin as of April 2024 (TTM): 33.24%
According to Albemarle's latest financial reports and stock price the company's current Operating Margin is 33.24%. At the end of 2022 the company had an Operating Margin of 33.24%.
Operating Margin history for Albemarle from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 33.24% | 727.97% |
| 2021 | 4.02% | -66.37% |
| 2020 | 11.94% | -23.88% |
| 2019 | 15.68% | -33.39% |
| 2018 | 23.55% | 61.9% |
| 2017 | 14.54% | -24.43% |
| 2016 | 19.25% | 96.2% |
| 2015 | 9.81% | 12.54% |
| 2014 | 8.72% | -58.11% |
| 2013 | 20.81% | 52.5% |
| 2012 | 13.64% | -28.91% |
| 2011 | 19.19% | 15.65% |
| 2010 | 16.60% | 107.64% |
| 2009 | 7.99% | 7.54% |
| 2008 | 7.43% | -37.51% |
| 2007 | 11.89% | 111.16% |
| 2006 | 5.63% | -20.84% |
| 2005 | 7.11% | 49.89% |
| 2004 | 4.75% | -40.16% |
| 2003 | 7.93% | -25.11% |
| 2002 | 10.59% | -0.09% |
| 2001 | 10.60% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Dow DOW | 4.98% | -85.02% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | -39.92% | 🇺🇸 USA |
 Westlake Chemical
WLK | 12.22% | -63.24% | 🇺🇸 USA |
 W. R. Grace GRA | 9.35% | -71.88% | 🇺🇸 USA |
 Petrobras PBR | 43.00% | 29.36% | 🇧🇷 Brazil |
 Huntsman Corporation
HUN | 3.45% | -89.62% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.