v3.25.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total Albemarle Shareholders’ Equity
Common Stock
Mandatory Convertible Preferred Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2023     117,356,270 0        
Beginning Balance at Dec. 31, 2023 $ 9,665,099 $ 9,412,180 $ 1,174 $ 0 $ 2,952,517 $ (528,526) $ 6,987,015 $ 252,919
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 16,647 2,448         2,448 14,199
Other comprehensive income (loss) (68,880) (68,679)       (68,679)   (201)
Common stock dividends declared (47,011) (47,011)         (47,011)  
Mandatory convertible preferred stock cumulative dividends (11,584) (11,584)         (11,584)  
Stock-based compensation 9,057 9,057     9,057      
Exercise of stock options (in shares)     1,420          
Exercise of stock options 86 86 $ 0   86      
Issuance of common stock, net (in shares)     260,750          
Issuance of common stock, net 11,545 11,545 $ 2   11,543      
Issuance of mandatory convertible preferred stock, net (in shares)       2,300,000        
Issuance of mandatory convertible preferred stock, net 2,235,379 2,235,379   $ 2,235,379        
Withholding taxes paid on stock-based compensation award distributions (in shares)     (91,273)          
Withholding taxes paid on stock-based compensation award distributions (10,619) (10,619) $ (1)   (10,618)      
Ending Balance (in shares) at Mar. 31, 2024     117,527,167 2,300,000        
Ending Balance at Mar. 31, 2024 11,799,719 11,532,802 $ 1,175 $ 2,235,379 2,962,585 (597,205) 6,930,868 266,917
Beginning Balance (in shares) at Dec. 31, 2024     117,559,774 2,300,000        
Beginning Balance at Dec. 31, 2024 10,199,688 9,961,517 $ 1,176 $ 2,235,105 2,985,606 (742,062) 5,481,692 238,171
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 49,298 41,348         41,348 7,950
Other comprehensive income (loss) 108,908 108,926       108,926   (18)
Common stock dividends declared (47,648) (47,648)         (47,648)  
Mandatory convertible preferred stock cumulative dividends (41,688) (41,688)         (41,688)  
Stock-based compensation 7,502 7,502     7,502      
Exercise of stock options (in shares)     21,151          
Exercise of stock options 1,186 1,186 $ 0   1,186      
Issuance of common stock, net (in shares)     106,073          
Issuance of common stock, net 0 0 $ 1   (1)      
Withholding taxes paid on stock-based compensation award distributions (in shares)     (36,430)          
Withholding taxes paid on stock-based compensation award distributions (2,904) (2,904) $ 0   (2,904)      
Ending Balance (in shares) at Mar. 31, 2025     117,650,568 2,300,000        
Ending Balance at Mar. 31, 2025 $ 10,274,342 $ 10,028,239 $ 1,177 $ 2,235,105 $ 2,991,389 $ (633,136) $ 5,433,704 $ 246,103