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Albemarle — Nov 5, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000915913-25-000160
Open on SEC.gov ↗
Showing in the filing
Free cash flow
“$300 to $400 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 40
Run-rate cost and productivity improvements for FY2025
“approximately $450 million”
Free cash flow for FY2025
“$300 to $400 million”
Outlook considerations (enterprise results v… for FY2025
“towards the higher end of the previously published $9/kg scenario ranges”
Projected increase in Energy Storage sales v… for FY2025
“0% to 10%”
Average lithium market price ($/kg LCE) (a) for FY2025
“$12-15”
Net sales for FY2025
“$4.9 - $5.2 billion”
Total Corporate net sales (~$9/kg LCE scenar… for FY2025
“$4.9 - $5.2 billion”
Total Corporate net sales ($12-15/kg LCE sce… for FY2025
“$5.3 - $6.1 billion”
Net sales for FY2024
“$5.3 - $6.1 billion”
Total Corporate net sales (~$20/kg LCE scena… for FY2025
“$6.5 - $7.0 billion”
Net sales for Q4 FY2023
“$6.5 - $7.0 billion”
Adjusted EBITDA (b) for FY2025
“$0.8 - $1.0 billion”
Total Corporate Adjusted EBITDA (~$9/kg LCE … for FY2025
“$0.8 - $1.0 billion”
Total Corporate Adjusted EBITDA ($12-15/kg L… for FY2025
“$1.2 - $1.8 billion”
Adjusted EBITDA (b) for FY2024
“$1.2 - $1.8 billion”
Total Corporate Adjusted EBITDA (~$20/kg LCE… for FY2025
“$2.5 - $2.7 billion”
Adjusted EBITDA (b) for Q4 FY2023
“$2.5 - $2.7 billion”
Energy Storage net sales (~$9/kg LCE scenari… for FY2025
“$2.5 - $2.6 billion”
Energy Storage net sales ($12-15/kg LCE scen… for FY2025
“$2.9 - $3.5 billion”
Energy Storage net sales (~$20/kg LCE scenar… for FY2025
“$4.2 - $4.5 billion”
Adjusted EBITDA for FY2025
“$0.6 - $0.7 billion”
Energy Storage Adjusted EBITDA (~$9/kg LCE s… for FY2025
“$0.6 - $0.7 billion”
Energy Storage equity in net income of uncon… for FY2025
“$0.6 - $0.7 billion”
Energy Storage Adjusted EBITDA ($12-15/kg LC… for FY2025
“$1.0 - $1.5 billion”
Adjusted EBITDA for FY2024
“$1.0 - $1.5 billion”
Energy Storage Adjusted EBITDA (~$20/kg LCE … for FY2025
“$2.2 - $2.4 billion”
Adjusted EBITDA for Q4 FY2023
“$2.2 - $2.4 billion”
Energy Storage equity in net income of uncon… for FY2025
“$0.2 - $0.3 billion”
Energy Storage equity in net income of uncon… for FY2025
“$0.3 - $0.5 billion”
Specialties net sales for FY2025
“$1.3 - $1.5 billion”
Specialties adjusted EBITDA for FY2025
“$210 - $280 million”
Ketjen net sales for FY2025
“$1.0 - $1.1 billion”
Ketjen adjusted EBITDA for FY2025
“$120 - $150 million”
Capital expenditures outlook for FY2025
“approximately $600 million”
Depreciation and amortization for FY2025
“$630 - $670 million”
Adjusted effective tax rate (a) for FY2025
“(40)% - 25%”
Corporate costs (b) for FY2025
“$10 - $30 million”
Interest and financing expenses for FY2025
“$180 - $210 million”
Weighted-average common shares outstanding (… for FY2025
“118 million”
1.125% Euro notes due November 2025 for Q4 FY2025
“we intend to repay those notes with cash on hand”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Third quarter cash from operations of $356 million was up 57%, or $128 million ; year-to-date cash from operations of $894 million was also up 29%, or $202 million, due to cost and productivity i mprovements, cash management actions and a customer prepayment received in January. • Reducing full-year 2025 capital expenditures outlook to approximately $600 million. • Expect to achieve positive free cash flow (a) of $300 to $400 million for the full year 2025. • Enhancing full-year outlook considerations; enterprise results are expected to be towards the higher end of the previously published $9/kg scenario ranges given year-to-date financial performance and lithium market pricing and better-than-expected Energy Storage volumes. • On October 27, announced agreements to sell stakes in Ketjen and the Eurecat joint venture for combined pre-tax proceeds of approximately $660 million. “Our team delivered strong third quarter results, with adjusted EBITDA up year-over-year despite lower lithium prices, demonstrating the strength of our business and disciplined execution,” said Kent Masters, Chairman and CEO. “Our successful implementation of cost and productivity improvements and reduced capital expenditures coupled with our recent portfolio management actions underscore our commitment to long-term value and enhanced financial flexibility. We remain confident in our full-year outlook and ability to navigate dynamic markets.” Third Quarter 2025 Results In millions, except per share amounts Q3 2025 Q3 2024 $ Change % Change Net sales $ 1,307.8  $ 1,354.7  $ (46.9) (3.5) % Net loss attributable to Albemarle Corporation $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.