Albemarle announced that its current CEO and board chair, Kent Masters, will step into the executive chair role effective Feb. 1. Ragnar Udd will become Albemarle's CEO and join the board of directors.
Albemarle has top-tier lithium assets through its brine operations in Chile and spodumene hard-rock operations in Western Australia, which are among the lowest-cost sources of lithium production globally.
Lithium prices will fall and remain lower for longer as new supply growth will outpace demand, weighing on profitability.
|
Metric
|
ALB
|
SQM
|
|---|---|---|
Price/Earnings (Normalized) | 17.57 | 13.29 |
Price/Book Value | 1.54 | 2.90 |
Price/Sales | 2.26 | 2.72 |
Price/Cash Flow | 10.10 | 6.61 |
|
Metric
|
ALB
|
SQM
|
|---|---|---|
Quick Ratio | 1.25 | 1.84 |
Current Ratio | 2.09 | 2.61 |
Interest Coverage | 1.99 | 12.76 |
|
Metric
|
ALB
|
SQM
|
|---|---|---|
Return on Assets (Normalized) | 5.06% | 11.03% |
Return on Equity (Normalized) | 10.70% | 26.97% |
Return on Invested Capital (Normalized) | 7.34% | 13.31% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Linde PLC
LIN
| LOCK|>Tz#??sh | LOCK|y@s | $216B | |||
| Sherwin-Williams Co
SHW
| LOCK|>QJ$SMz | LOCK|@l! | $78B | |||
| Ecolab Inc
ECL
| LOCK|G#bR&@@ | LOCK|%< | $76B | |||
| Air Products and Chemicals Inc
APD
| LOCK|^&?Nzr | LOCK|bQ< | $61B | |||
| PPG Industries Inc
PPG
| LOCK|^R^@^Qp | LOCK|Yf<X | $23B | |||
| International Flavors & Fragrances Inc
IFF
| LOCK|@xz@ZHX | LOCK|$M<Tx | $21B | |||
| LyondellBasell Industries NV Class A
LYB
| LOCK|CHG@wD | LOCK|%Z^d& | $19B | |||
| Sociedad Quimica Y Minera De Chile SA ADR
SQM
| LOCK|^$P%S?% | LOCK|MQ^? | $18B | |||
| DuPont de Nemours Inc
DD
| LOCK|QF<tnG! | LOCK|Wr>b% | $17B |
United States