Albemarle
ALB
#1633
Rank
C$14.24 B
Marketcap
$121.17
Share price
3.16%
Change (1 day)
-50.39%
Change (1 year)
Albemarle Corporation is an American chemical company that produces lithium chemicals and flame retardants.

Operating Margin for Albemarle (ALB)

Operating Margin as of September 2024 (TTM): 2.56%

According to Albemarle's latest financial reports and stock price the company's current Operating Margin is 2.56%. At the end of 2023 the company had an Operating Margin of 2.57%.

Operating Margin history for Albemarle from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.57%-92.28%
202233.24%727.97%
20214.02%-66.37%
202011.94%-23.88%
201915.68%-33.39%
201823.55%61.9%
201714.54%-24.43%
201619.25%75.06%
201510.99%26.12%
20148.72%-61.24%
201322.49%53.86%
201214.62%-12.74%
201116.75%4.37%
201016.05%100.81%
20097.99%7.54%
20087.43%-37.51%
200711.89%111.16%
20065.63%-20.84%
20057.11%49.89%
20044.75%-40.16%
20037.93%-20.94%
200210.03%-2.7%
200110.31%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
2.60% 1.56%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.15%-105.86%๐Ÿ‡บ๐Ÿ‡ธ USA
9.35% 265.16%๐Ÿ‡บ๐Ÿ‡ธ USA
3.82% 49.22%๐Ÿ‡บ๐Ÿ‡ธ USA
14.78% 477.34%๐Ÿ‡บ๐Ÿ‡ธ USA
21.63% 744.92%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.