HighGravityDataAlbemarle — Nov 5, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000915913-25-000160
Showing in the filing
Projected increase in Energy Storage sales volumes
“0% to 10%”
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 - $210 million”
Weighted-average common shares outstanding (… for FY2025
“118 million”
1.125% Euro notes due November 2025 for Q4 FY2025
“we intend to repay those notes with cash on hand”
Exhibit 99.1 · the passage around this item
… earlier in the release
The table below reflects expected outcomes for the total company based on recently observed lithium market price scenarios, and are unchanged from the prior quarter. Ranges are based on variation in sales volume and mix, including a projected increase in Energy Storage sales volumes of 0% to 10% in 2025 compared to 2024. All three scenarios assume flat market pricing flowing through Energy Storage’s current contract book. Scenarios 2 also assume spodumene pricing averages 10% of the lithium carbonate equivalent (LCE) price, while other costs are assumed to be constant. Total Corporate FY 2025E Including Energy Storage Scenarios Observed market price case (a) H1 2025 average H1 2024 range Q4 2023 average Average lithium market price ($/kg LCE) (a) ~$9 $12-15 ~$20 Net sales $4.9 - $5.2 billion $5.3 - $6.1 billion $6.5 - $7.0 billion Adjusted EBITDA (b) $0.8 - $1.0 billion $1.2 - $1.8 billion $2.5 - $2.7 billion (a) Price represents blend of relevant market pricing including spot and regional indices for the periods referenced. (b) The company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the company is unable to estimate significant non-recurring or unusual items without unreasonable effort. See “Additional Information Regarding Non-GAAP Measures” for more information. Energy Storage Market Price Scenarios Energy Storage FY 2025E Ob
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.