Albemarle
ALB
$220.50
Share price
0.40%
Change (1 day)
-6.91%
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 June 2023 (TTM): 4.01%
According to Albemarle's latest financial reports and stock price the company's current Operating Margin is 4.01%. At the end of 2021 the company had an Operating Margin of 4.02%.
Operating Margin history for Albemarle from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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 | 7.31% | 82.29% | 🇺🇸 USA |
 Exxon Mobil XOM | 21.79% | 443.39% | 🇺🇸 USA |
 Westlake Chemical
WLK | 16.33% | 307.23% | 🇺🇸 USA |
 W. R. Grace GRA | 9.35% | 133.12% | 🇺🇸 USA |
 Petrobras PBR | 33.61% | 738.15% | 🇧🇷 Brazil |
 Huntsman Corporation
HUN | 8.72% | 117.46% | 🇺🇸 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.