Albemarle Gross Profit from 2010 to 2024

ALB-PA Stock   47.47  1.84  3.73%   
Albemarle's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 1.7 B this year. Gross Profit is the profit Albemarle makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
1.2 B
Current Value
1.7 B
Quarterly Volatility
553.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Albemarle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Albemarle's main balance sheet or income statement drivers, such as Tax Provision of 248.8 M, Interest Expense of 102.8 M or Selling General Administrative of 636.6 M, as well as many indicators such as . Albemarle financial statements analysis is a perfect complement when working with Albemarle Valuation or Volatility modules.
  
Check out the analysis of Albemarle Correlation against competitors.

Latest Albemarle's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Albemarle over the last few years. Gross profit is a required income statement account that reflects total revenue of Albemarle minus its cost of goods sold. It is profit before Albemarle operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Albemarle's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Albemarle's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Albemarle Gross Profit Regression Statistics

Arithmetic Mean1,194,767,533
Geometric Mean1,125,770,416
Coefficient Of Variation46.32
Mean Deviation320,628,658
Median994,853,000
Standard Deviation553,409,423
Sample Variance306262T
Range2.1B
R-Value0.48
Mean Square Error253832.9T
R-Squared0.23
Significance0.07
Slope59,396,957
Total Sum of Squares4287667.9T

Albemarle Gross Profit History

20241.7 B
20231.2 B
20223.1 B
2021998 M

About Albemarle Financial Statements

Albemarle stakeholders use historical fundamental indicators, such as Albemarle's Gross Profit, to determine how well the company is positioned to perform in the future. Although Albemarle investors may analyze each financial statement separately, they are all interrelated. For example, changes in Albemarle's assets and liabilities are reflected in the revenues and expenses on Albemarle's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Albemarle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit1.2 B1.7 B

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Other Information on Investing in Albemarle Stock

Albemarle financial ratios help investors to determine whether Albemarle Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Albemarle with respect to the benefits of owning Albemarle security.