v3.25.4
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, 2022     117,168,366 0        
Beginning balance at Dec. 31, 2022 $ 8,190,847 $ 7,982,627 $ 1,172 $ 0 $ 2,940,840 $ (560,662) $ 5,601,277 $ 208,220
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 1,670,543 1,573,476         1,573,476 97,067
Other comprehensive (loss) income 32,254 32,136       32,136   118
Common stock dividends declared (240,224) (187,738)         (187,738) (52,486)
Stock-based compensation 38,957 38,957     38,957      
Exercise of stock options (in shares)     3,124          
Exercise of stock options 190 190     190      
Issuance of common stock, net (in shares)     298,781          
Issuance of common stock, net 0 0 $ 3   (3)      
Shares withheld for withholding taxes associated with common stock issuances (in shares)     (114,001)          
Withholding taxes paid on stock-based compensation award distributions (27,468) (27,468) $ (1)   (27,467)      
Ending balance (in shares) at Dec. 31, 2023     117,356,270 0        
Ending 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 (loss) income (1,135,477) (1,179,449)         (1,179,449) 43,972
Other comprehensive (loss) income (213,469) (213,536)       (213,536)   67
Common stock dividends declared (244,590) (189,227)         (189,227) (55,363)
Mandatory convertible preferred stock cumulative dividends (136,647) (136,647)         (136,647)  
Stock-based compensation 33,062 33,062     33,062      
Exercise of stock options (in shares)     6,570          
Exercise of stock options 374 374     374      
Issuance of common stock, net (in shares)     300,877          
Issuance of common stock, net 11,546 11,546 $ 3   11,543      
Issuance of mandatory convertible preferred stock, net (in shares)       2,300,000        
Issuance of mandatory convertible preferred stock, net 2,235,105 2,235,105   $ 2,235,105        
Sale of noncontrolling interest (3,424) 0           (3,424)
Shares withheld for withholding taxes associated with common stock issuances (in shares)     (103,943)          
Withholding taxes paid on stock-based compensation award distributions (11,891) (11,891) $ (1)   (11,890)      
Ending balance (in shares) at Dec. 31, 2024     117,559,774 2,300,000        
Ending 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 (loss) income (465,210) (510,628)         (510,628) 45,418
Other comprehensive (loss) income 407,445 407,255       407,255   190
Common stock dividends declared (228,101) (190,638)         (190,638) (37,463)
Mandatory convertible preferred stock cumulative dividends (166,750) (166,750)         (166,750)  
Stock-based compensation $ 36,627 36,627     36,627      
Exercise of stock options (in shares) 48,104   48,104          
Exercise of stock options $ 3,240 3,240     3,240      
Issuance of common stock, net (in shares)     150,677          
Issuance of common stock, net 0 0 $ 2   (2)      
Change in ownership interest of noncontrolling interest 1,780 0           1,780
Shares withheld for withholding taxes associated with common stock issuances (in shares)     (42,680)          
Withholding taxes paid on stock-based compensation award distributions (7,258) (7,258)     (7,258)      
Ending balance (in shares) at Dec. 31, 2025     117,715,875 2,300,000        
Ending balance at Dec. 31, 2025 $ 9,781,461 $ 9,533,365 $ 1,178 $ 2,235,105 $ 3,018,213 $ (334,807) $ 4,613,676 $ 248,096