v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,618,001 $ 1,192,230
Trade accounts receivable, less allowance for credit losses (2025—$4,578; 2024—$5,201) 593,502 742,201
Other accounts receivable 105,110 238,384
Inventories 1,179,271 1,502,531
Other current assets 140,440 166,916
Current assets held for sale 371,815 0
Total current assets 4,008,139 3,842,262
Property, plant and equipment, at cost 11,768,840 12,523,368
Less accumulated depreciation and amortization 3,156,429 3,191,898
Net property, plant and equipment 8,612,411 9,331,470
Investments 900,926 1,117,739
Other assets 647,185 504,711
Goodwill 1,499,657 1,582,714
Other intangibles, net of amortization 214,233 230,753
Noncurrent assets held for sale 491,660 0
Total assets 16,374,211 16,609,649
Current liabilities:    
Accrued expenses 521,831 467,997
Current portion of long-term debt 74,077 398,023
Dividends payable 61,387 61,282
Income taxes payable 35,467 95,275
Current liabilities held for sale 191,753 0
Total current liabilities 1,798,044 1,966,464
Long-term debt 3,119,464 3,118,142
Postretirement benefits 44,744 31,930
Pension benefits 117,361 116,192
Other noncurrent liabilities 1,084,892 819,204
Deferred income taxes 368,275 358,029
Noncurrent liabilities held for sale 59,970 0
Commitments and contingencies
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value (authorized 275,000 shares), issued and outstanding — 117,716 in 2025 and 117,560 in 2024 1,178 1,176
Mandatory convertible preferred stock, Series A, no par value, $1,000 stated value, authorized - 15,000, issued and outstanding - 2,300 in 2025 and 2024 2,235,105 2,235,105
Additional paid-in capital 3,018,213 2,985,606
Accumulated other comprehensive loss (334,807) (742,062)
Retained earnings 4,613,676 5,481,692
Total Albemarle Corporation shareholders’ equity 9,533,365 9,961,517
Noncontrolling interests 248,096 238,171
Total equity 9,781,461 10,199,688
Total liabilities and equity 16,374,211 16,609,649
Nonrelated Party    
Current liabilities:    
Accounts payable 779,160 793,455
Related Party    
Current liabilities:    
Accounts payable $ 134,369 $ 150,432