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Albemarle / Full history

Guidance history, every release

Albemarle (ALB) · 8 releases, Nov 6, 2024 to Aug 5, 2026 · rows are metrics, columns are releases
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
MetricNov 6, 2024
FY24 Q3
Feb 12, 2025
FY24 Q4
Apr 30, 2025
FY25 Q1
Jul 30, 2025
FY25 Q2
Nov 5, 2025
FY25 Q3
Feb 11, 2026
FY25 Q4
May 6, 2026
FY26 Q1
Aug 5, 2026
FY26 Q2
For FY2026
Energy Storage Net sales - 2021-2025 avg. scenario——————New“$5.9 - $6.1 billion”—
Energy Storage Net sales - FY2025 avg. scenario——————New“$2.5 - $2.6 billion”—
Energy Storage Net sales - Q1 2026 avg. scenario——————New“$4.0 - $4.2 billion”—
Energy Storage net sales (~$10/kg LCE price case)———————New“$2.5 - $2.6 billion”
Energy Storage net sales (~$20/kg LCE price case)———————New“$4.0 - $4.2 billion”
Energy Storage net sales (~$30/kg LCE price case)———————New“$5.9 - $6.1 billion”
Net sales——————New“$5.7 - $6.0 billion”—
Net sales—————New“$5.7 - $6.0 billion”——
Specialties net sales—————New“$1.2 - $1.4 billion”Raised“$1.3 - $1.5 billion”—
Specialties net sales outlook———————New“$1.4 to $1.6 billion”
Specialties net sales outlook———————New“$1.4 to $1.6 billion”
Total Corporate Net sales - 2021-2025 avg. scenario——————New“$7.5 - $7.8 billion”—
Total Corporate Net sales - FY2025 avg. scenario——————New“$4.1 - $4.3 billion”—
Total Corporate Net sales - Q1 2026 avg. scenario——————New“$5.7 - $6.0 billion”—
Total Corporate net sales (~$10/kg LCE price case)———————New“$4.1 - $4.3 billion”
Total Corporate net sales (~$20/kg LCE price case)———————New“$5.7 - $6.0 billion”
Total Corporate net sales (~$30/kg LCE price case)———————New“$7.5 - $7.8 billion”
Adjusted EBITDA——————New“$2.1 - $2.3 billion”Reiterated“$2.1 - $2.3 billion”
Adjusted EBITDA—————New“$2.1 - $2.3 billion”——
Adjusted EBITDA (b)——————New“$2.4 - $2.6 billion”—
Corporate adjusted EBITDA (incl. FX, Ketjen equity income & PCS)—————New“($20) - $20 million”Reiterated“($20) - $20 million”Reiterated“($20) - $20 million”
Energy Storage Adjusted EBITDA - 2021-2025 avg. scenario——————New“$3.9 - $4.1 billion”—
Energy Storage Adjusted EBITDA - FY2025 avg. scenario——————New“$0.7 - $0.8 billion”—
Energy Storage Adjusted EBITDA - Q1 2026 avg. scenario——————New“$2.1 - $2.3 billion”—
Energy Storage adjusted EBITDA (~$10/kg LCE price case)———————New“$0.7 - $0.8 billion”
Energy Storage adjusted EBITDA (~$20/kg LCE price case)———————New“$2.1 - $2.3 billion”
Energy Storage adjusted EBITDA (~$30/kg LCE price case)———————New“$3.9 - $4.1 billion”
Energy Storage Equity in net income of unconsolidated investments (net of tax) - 2021-2025 avg. scenario——————New“$1.0 - $1.1 billion”—
Energy Storage Equity in net income of unconsolidated investments (net of tax) - FY2025 avg. scenario——————New“$0.2 - $0.3 billion”—
Energy Storage Equity in net income of unconsolidated investments (net of tax) - Q1 2026 avg. scenario——————New“$0.6 - $0.7 billion”—
Energy Storage equity in net income of unconsolidated investments, net of tax (~$10/kg LCE price case)———————New“$0.2 - $0.3 billion”
Energy Storage equity in net income of unconsolidated investments, net of tax (~$20/kg LCE price case)———————New“$0.6 - $0.7 billion”
Energy Storage equity in net income of unconsolidated investments, net of tax (~$30/kg LCE price case)———————New“$1.0 - $1.1 billion”
Specialties adjusted EBITDA—————New“$170 - $230 million”Raised“$225 - $275 million”—
Specialties adjusted EBITDA outlook———————New“$275 to $325 million”
Specialties adjusted EBITDA outlook———————New“$275 to $325 million”
Total Corporate Adjusted EBITDA - 2021-2025 avg. scenario——————New“$4.2 - $4.4 billion”—
Total Corporate Adjusted EBITDA - FY2025 avg. scenario——————New“$0.9 - $1.0 billion”—
Total Corporate Adjusted EBITDA - Q1 2026 avg. scenario——————New“$2.4 - $2.6 billion”—
Total Corporate adjusted EBITDA (~$10/kg LCE price case)———————New“$0.9 - $1.0 billion”
Total Corporate adjusted EBITDA (~$20/kg LCE price case)———————New“$2.4 - $2.6 billion”
Total Corporate adjusted EBITDA (~$30/kg LCE price case)———————New“$4.2 - $4.4 billion”
Adjusted effective tax rate (a)—————New“(50%) - 30%”Reiterated“(50)% - 30%”Reiterated“(50)% - 30%”
Average lithium market price ($/kg LCE) (a)——————New“~$10”—
Capital expenditure forecast——————New“$550 million to $600 million”Lowered“approximately $500 million”
Capital expenditures———————New“approximately $500 million”
Capital expenditures—————New“$550 million to $600 million”——
Closing of sale of controlling stake in Ketjen—————New“Q1 2026”——
Cost and productivity improvement target———————New“$100 to $150 million”
Cost and productivity improvements target——————New“$100 million to $150 million”—
Depreciation and amortization—————New“$660 - $680 million”Reiterated“$660 - $680 million”Reiterated“$660 - $680 million”
Energy Storage production volumes—————New“expected to increase year-over-year”——
Energy Storage sales volumes—————New“expected to be approximately flat following inventory drawdowns that occurred in 2025”—Lowered“225 to 235 kilotons lithium carbonate equivalent”
Free cash flow generation—————New“Meaningful free cash flow generation assuming recent higher lithium prices”——
Interest and financing expenses—————New“$150 - $170 million”Lowered“$120 - $140 million”Reiterated“$120 - $140 million”
Target (cost and productivity improvements)——————New“$100 million to $150 million”—
Total Corporate - Average lithium market price ($/kg LCE) - 2021-2025 avg. scenario——————New“~$30”—
Total Corporate - Average lithium market price ($/kg LCE) - FY2025 avg. scenario——————New“~$10”—
Total Corporate - Average lithium market price ($/kg LCE) - Q1 2026 avg. scenario——————New“~$20”—
Weighted-average common shares outstanding (diluted)—————New“~118 million”——
Weighted-average common shares outstanding (diluted) (b)——————New“~118 million”Raised“~136 million”
For FY2025
Energy Storage net sales - H1 2024 range price scenario———New“$2.9 - $3.5 billion”————
Energy Storage Net sales - Observed market price case——New“$2.5 - $2.6 billion”—————
Energy Storage net sales - Q2 2025 average price scenario———New“$2.5 - $2.6 billion”————
Energy Storage Net sales - Q4 2023 average——New“$4.2 - $4.5 billion”—————
Energy Storage net sales - Q4 2023 average price scenario———New“$4.2 - $4.5 billion”————
Energy Storage Net sales - YE 2024 H1 2024 range——New“$2.9 - $3.5 billion”—————
Energy Storage net sales (~$20/kg LCE scenario, Q4 2023 average)————New“$4.2 - $4.5 billion”———
Energy Storage net sales (~$9/kg LCE scenario, H1 2025 average)————New“$2.5 - $2.6 billion”———
Energy Storage net sales ($12-15/kg LCE scenario, H1 2024 range)————New“$2.9 - $3.5 billion”———
Energy Storage Net sales (Observed market price case: 2021-2025 avg., ~$30/kg LCE)—————New“$5.9 - $6.1 billion”——
Energy Storage Net sales (Observed market price case: FY 2025 avg., ~$10/kg LCE)—————New“$2.5 - $2.6 billion”——
Energy Storage Net sales (Observed market price case: Jan. 2026 avg., ~$20/kg LCE)—————New“$4.0 - $4.2 billion”——
Ketjen net sales—New“$1.0 - $1.1 billion”Reiterated“$1.0 - $1.1 billion”Reiterated“$1.0 - $1.1 billion”Reiterated“$1.0 - $1.1 billion”———
Net sales————New“$4.9 - $5.2 billion”Lowered“$4.1 - $4.3 billion”Reiterated“$4.1 - $4.3 billion”—
Specialties net sales—New“$1.3 - $1.5 billion”Reiterated“$1.3 - $1.5 billion”Reiterated“$1.3 - $1.5 billion”Reiterated“$1.3 - $1.5 billion”———
Total Corporate net sales - H1 2024 range price scenario———New“$5.3 - $6.1 billion”————
Total Corporate Net sales - Observed market price case——New“$4.9 - $5.2 billion”—————
Total Corporate net sales - Q2 2025 average price scenario———New“$4.9 - $5.2 billion”————
Total Corporate Net sales - Q4 2023 average——New“$6.5 - $7.0 billion”—————
Total Corporate net sales - Q4 2023 average price scenario———New“$6.5 - $7.0 billion”————
Total Corporate Net sales - YE 2024 H1 2024 range——New“$5.3 - $6.1 billion”—————
Total Corporate net sales (~$20/kg LCE scenario, Q4 2023 average)————New“$6.5 - $7.0 billion”———
Total Corporate net sales (~$9/kg LCE scenario, H1 2025 average)————New“$4.9 - $5.2 billion”———
Total Corporate net sales ($12-15/kg LCE scenario, H1 2024 range)————New“$5.3 - $6.1 billion”———
Total Corporate Net sales (Observed market price case: 2021-2025 avg., ~$30/kg LCE)—————New“$7.5 - $7.8 billion”——
Total Corporate Net sales (Observed market price case: FY 2025 avg., ~$10/kg LCE)—————New“$4.1 - $4.3 billion”——
Total Corporate Net sales (Observed market price case: Jan. 2026 avg., ~$20/kg LCE)—————New“$5.7 - $6.0 billion”——
Adjusted EBITDA————New“$0.6 - $0.7 billion”Raised“$0.7 - $0.8 billion”Reiterated“$0.7 - $0.8 billion”Reiterated“$0.7 - $0.8 billion”
Adjusted EBITDA (b)————New“$0.8 - $1.0 billion”—Narrowed“$0.9 - $1.0 billion”—
Energy Storage adjusted EBITDA - H1 2024 range price scenario———New“$1.0 - $1.5 billion”————
Energy Storage Adjusted EBITDA - Observed market price case——New“$0.6 - $0.7 billion”—————
Energy Storage adjusted EBITDA - Q2 2025 average price scenario———New“$0.6 - $0.7 billion”————
Energy Storage Adjusted EBITDA - Q4 2023 average——New“$2.2 - $2.4 billion”—————
Energy Storage adjusted EBITDA - Q4 2023 average price scenario———New“$2.2 - $2.4 billion”————
Energy Storage Adjusted EBITDA - YE 2024 H1 2024 range——New“$1.0 - $1.5 billion”—————
Energy Storage Adjusted EBITDA (~$20/kg LCE scenario, Q4 2023 average)————New“$2.2 - $2.4 billion”———
Energy Storage Adjusted EBITDA (~$9/kg LCE scenario, H1 2025 average)————New“$0.6 - $0.7 billion”———
Energy Storage Adjusted EBITDA ($12-15/kg LCE scenario, H1 2024 range)————New“$1.0 - $1.5 billion”———
Energy Storage Adjusted EBITDA (Observed market price case: 2021-2025 avg., ~$30/kg LCE)—————New“$3.9 - $4.1 billion”——
Energy Storage Adjusted EBITDA (Observed market price case: FY 2025 avg., ~$10/kg LCE)—————New“$0.7 - $0.8 billion”——
Energy Storage Adjusted EBITDA (Observed market price case: Jan. 2026 avg., ~$20/kg LCE)—————New“$2.1 - $2.3 billion”——
Energy Storage equity in net income of unconsolidated investments (net of tax) - H1 2024 range price scenario———New“$0.3 - $0.5 billion”————
Energy Storage Equity in net income of unconsolidated investments (net of tax) - Observed market price case——New“$0.2 - $0.3 billion”—————
Energy Storage equity in net income of unconsolidated investments (net of tax) - Q2 2025 average price scenario———New“$0.2 - $0.3 billion”————
Energy Storage Equity in net income of unconsolidated investments (net of tax) - Q4 2023 average——New“$0.6 - $0.7 billion”—————
Energy Storage equity in net income of unconsolidated investments (net of tax) - Q4 2023 average price scenario———New“$0.6 - $0.7 billion”————
Energy Storage Equity in net income of unconsolidated investments (net of tax) - YE 2024 H1 2024 range——New“$0.3 - $0.5 billion”—————
Energy Storage equity in net income of unconsolidated investments (net of tax) (~$20/kg LCE scenario, Q4 2023 average)————New“$0.6 - $0.7 billion”———
Energy Storage equity in net income of unconsolidated investments (net of tax) (~$9/kg LCE scenario, H1 2025 average)————New“$0.2 - $0.3 billion”———
Energy Storage equity in net income of unconsolidated investments (net of tax) ($12-15/kg LCE scenario, H1 2024 range)————New“$0.3 - $0.5 billion”———
Energy Storage Equity in net income of unconsolidated investments (net of tax) (Observed market price case: 2021-2025 avg., ~$30/kg LCE)—————New“$1.0 - $1.1 billion”——
Energy Storage Equity in net income of unconsolidated investments (net of tax) (Observed market price case: FY 2025 avg., ~$10/kg LCE)—————New“$0.2 - $0.3 billion”——
Energy Storage Equity in net income of unconsolidated investments (net of tax) (Observed market price case: Jan. 2026 avg., ~$20/kg LCE)—————New“$0.6 - $0.7 billion”——
Ketjen adjusted EBITDA—New“$120 - $150 million”Reiterated“$120 - $150 million”Reiterated“$120 - $150 million”Reiterated“$120 - $150 million”———
Specialties adjusted EBITDA—New“$210 - $280 million”Reiterated“$210 - $280 million”Reiterated“$210 - $280 million”Reiterated“$210 - $280 million”———
Total Corporate adjusted EBITDA - H1 2024 range price scenario———New“$1.2 - $1.8 billion”————
Total Corporate Adjusted EBITDA - Observed market price case——New“$0.8 - $1.0 billion”—————
Total Corporate adjusted EBITDA - Q2 2025 average price scenario———New“$0.8 - $1.0 billion”————
Total Corporate Adjusted EBITDA - Q4 2023 average——New“$2.5 - $2.7 billion”—————
Total Corporate adjusted EBITDA - Q4 2023 average price scenario———New“$2.5 - $2.7 billion”————
Total Corporate Adjusted EBITDA - YE 2024 H1 2024 range——New“$1.2 - $1.8 billion”—————
Total Corporate Adjusted EBITDA (~$20/kg LCE scenario, Q4 2023 average)————New“$2.5 - $2.7 billion”———
Total Corporate Adjusted EBITDA (~$9/kg LCE scenario, H1 2025 average)————New“$0.8 - $1.0 billion”———
Total Corporate Adjusted EBITDA ($12-15/kg LCE scenario, H1 2024 range)————New“$1.2 - $1.8 billion”———
Total Corporate Adjusted EBITDA (Observed market price case: 2021-2025 avg., ~$30/kg LCE)—————New“$4.2 - $4.4 billion”——
Total Corporate Adjusted EBITDA (Observed market price case: FY 2025 avg., ~$10/kg LCE)—————New“$0.9 - $1.0 billion”——
Total Corporate Adjusted EBITDA (Observed market price case: Jan. 2026 avg., ~$20/kg LCE)—————New“$2.4 - $2.6 billion”——
1.125% Euro notes due November 2025————New“we intend to repay those notes with cash on hand”———
Adjusted effective tax rate (a)—New“(40%) - 25%”Reiterated“(40%) - 25%”Reiterated“(40)% - 25%”Reiterated“(40)% - 25%”———
Average lithium market price ($/kg LCE) (a)————New“$12-15”Raised“~$20”——
Capital expenditure outlook———New“between $650 and $700 million, down approximately 60% from $1.7 billion in 2024”————
Capital expenditures——New“$700 million to $800 million”—————
Capital expenditures—New“$700 and $800 million”——————
Capital expendituresNew“$800 million to $900 million”———————
Capital expenditures outlook————New“approximately $600 million”———
Chengdu site—New“into care and maintenance”——————
Corporate costs—New“$70 - $100 million”——————
Corporate costs (b)——New“$70 - $100 million”Lowered“$40 - $70 million”Lowered“$10 - $30 million”———
Depreciation and amortization—New“$630 - $670 million”Reiterated“$630 - $670 million”Reiterated“$630 - $670 million”Reiterated“$630 - $670 million”———
Energy Storage sales volume growth———New“0% to 10%”————
Energy Storage volume growth—New“0% to 10%”——————
Free cash flow————New“$300 to $400 million”———
Interest and financing expenses—New“$180 - $210 million”Reiterated“$180 - $210 million”Reiterated“$180 - $210 million”Reiterated“$180 - $210 million”———
Outlook considerations (enterprise results vs. $9/kg scenario)————New“towards the higher end of the previously published $9/kg scenario ranges”———
Projected increase in Energy Storage sales volumes————New“0% to 10%”———
Run-rate cost and productivity improvements————New“approximately $450 million”———
Total Corporate Average lithium market price ($/kg LCE) - Observed market price case——New“~$9”—————
Total Corporate Average lithium market price ($/kg LCE) - Q4 2023 average——New“~$20”—————
Total Corporate Average lithium market price ($/kg LCE) - YE 2024 H1 2024 range——New“$12-15”—————
Total Corporate: Average lithium market price ($/kg LCE) - H1 2024 range scenario———New“$12-15”————
Total Corporate: Average lithium market price ($/kg LCE) - Q2 2025 average scenario———New“~$9”————
Total Corporate: Average lithium market price ($/kg LCE) - Q4 2023 average scenario———New“~$20”————
Weighted-average common shares outstanding (diluted)—New“118 million”Reiterated“118 million”Reiterated“118 million”Reiterated“118 million”———
For FY2024
Energy Storage net sales (H1 2024 price range scenario)—New“$2.9 - $3.5 billion”——————
Energy Storage net sales (Q4 2023 average price scenario)—New“$4.2 - $4.5 billion”——————
Energy Storage net sales (YE 2024 observed market price scenario)—New“$2.5 - $2.6 billion”——————
Net salesNew“$5.5 - $6.2 billion”Lowered“$4.9 - $5.2 billion”——Raised“$5.3 - $6.1 billion”———
Net sales - H2 2023 average scenarioNew“$6.9 - $7.6 billion”———————
Net sales - Q4 2023 average scenarioNew“$6.1 - $6.8 billion”———————
Net sales - Recent pricing scenarioNew“$5.5 - $6.2 billion”———————
Total company full-year 2024 net salesNew“at the lower-end of that range”———————
Total Corporate net sales (H1 2024 price range scenario)—New“$5.3 - $6.1 billion”——————
Total Corporate net sales (Q4 2023 average price scenario)—New“$6.5 - $7.0 billion”——————
Total Corporate net sales (YE 2024 observed market price scenario)—New“$4.9 - $5.2 billion”——————
Adjusted EBITDA—New“$0.6 - $0.7 billion”——Raised“$1.0 - $1.5 billion”———
Adjusted EBITDA - H2 2023 average scenarioNew“$2.3 - $2.6 billion”———————
Adjusted EBITDA - Q4 2023 average scenarioNew“$1.6 - $1.8 billion”———————
Adjusted EBITDA - Recent pricing scenarioNew“$0.9 - $1.2 billion”———————
Adjusted EBITDA (b)—New“$0.8 - $1.0 billion”——Raised“$1.2 - $1.8 billion”———
Adjusted EBITDA (b)(c)New“$0.9 - $1.2 billion”———————
Energy Storage adjusted EBITDA (H1 2024 price range scenario)—New“$1.0 - $1.5 billion”——————
Energy Storage adjusted EBITDA (Q4 2023 average price scenario)—New“$2.2 - $2.4 billion”——————
Energy Storage adjusted EBITDA (YE 2024 observed market price scenario)—New“$0.6 - $0.7 billion”——————
Energy Storage equity in net income of unconsolidated investments (net of tax) (H1 2024 price range scenario)—New“$0.3 - $0.5 billion”——————
Energy Storage equity in net income of unconsolidated investments (net of tax) (Q4 2023 average price scenario)—New“$0.6 - $0.7 billion”——————
Energy Storage equity in net income of unconsolidated investments (net of tax) (YE 2024 observed market price scenario)—New“$0.2 - $0.3 billion”——————
Total Corporate adjusted EBITDA (H1 2024 price range scenario)—New“$1.2 - $1.8 billion”——————
Total Corporate adjusted EBITDA (Q4 2023 average price scenario)—New“$2.5 - $2.7 billion”——————
Total Corporate adjusted EBITDA (YE 2024 observed market price scenario)—New“$0.8 - $1.0 billion”——————
Average lithium market price ($/kg LCE) - H2 2023 average scenarioNew“~$25”———————
Average lithium market price ($/kg LCE) - Q4 2023 average scenarioNew“~$20”———————
Average lithium market price ($/kg LCE) - Recent pricing scenarioNew“$12-15”———————
Average lithium market price ($/kg LCE) (a)New“$12-15”Reiterated“$12-15”——————
Capital expenditures for the full-year 2024New“at the lower-end of the prior outlook range of $1.7 billion to $1.8 billion”———————
Charge related to cost and operating structure actionsNew“a charge primarily related to severance and related benefit costs”———————
Weighted-average common shares outstanding (diluted) - H2 2023 average scenarioNew“135 - 139 million”———————
Weighted-average common shares outstanding (diluted) - Recent pricing scenarioNew“~118 million”———————
For FY2023
Net salesNew“$6.1 - $6.8 billion”Raised“$6.5 - $7.0 billion”——Reiterated“$6.5 - $7.0 billion”———
Net salesNew“$6.9 - $7.6 billion”———————
Adjusted EBITDA—New“$2.2 - $2.4 billion”——Reiterated“$2.2 - $2.4 billion”———
Adjusted EBITDA (b)—New“$2.5 - $2.7 billion”——Reiterated“$2.5 - $2.7 billion”———
Adjusted EBITDA (b)(c)New“$1.6 - $1.8 billion”———————
Adjusted EBITDA (b)(c)New“$2.3 - $2.6 billion”———————
Weighted-average common shares outstanding (diluted) (d)New“~118 million”———————
Weighted-average common shares outstanding (diluted) (d)New“135 - 139 million”———————
For FY2021
Net sales—————New“$7.5 - $7.8 billion”Reiterated“$7.5 - $7.8 billion”—
Adjusted EBITDA—————New“$3.9 - $4.1 billion”Reiterated“$3.9 - $4.1 billion”Reiterated“$3.9 - $4.1 billion”
Adjusted EBITDA (b)——————New“$4.2 - $4.4 billion”—
No period stated
Adjusted EBITDA——New“$0.6 - $0.7 billion”Reiterated“$0.6 - $0.7 billion”————
EBITDA and equity income contributions from Ketjen/PCS—————New“expected to be immaterial post transaction”——
Equity in net income of unconsolidated investments (net of tax) (b)——New“$0.2 - $0.3 billion”—————
Annual run-rate cost and productivity improvementsNew“$300 million to $400 million”———————
Annual run-rate cost savingsNew“$300 million to $400 million”———————
Cost and productivity improvement target—New“$300-400 million”Reiterated“$300 to $400 million range”—————
Global workforce reductionNew“6-7%”———————
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.