v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,089,809 $ 1,618,001
Trade accounts receivable, less allowance for credit losses (2026 – $4,580; 2025 – $4,578) 522,715 593,502
Other accounts receivable 136,767 105,110
Inventories 1,346,960 1,179,271
Other current assets 162,932 140,440
Current assets held for sale 0 371,815
Total current assets 3,259,183 4,008,139
Property, plant and equipment, at cost 11,822,899 11,768,840
Less accumulated depreciation and amortization 3,297,806 3,156,429
Net property, plant and equipment 8,525,093 8,612,411
Investments 1,022,707 900,926
Other assets 636,574 647,185
Goodwill 1,488,404 1,499,657
Other intangibles, net of amortization 207,617 214,233
Noncurrent assets held for sale 0 491,660
Total assets 15,139,578 16,374,211
Current liabilities:    
Accrued expenses 452,927 521,831
Current portion of long-term debt 74,628 74,077
Dividends payable 61,456 61,387
Income taxes payable 53,139 35,467
Current liabilities held for sale 0 191,753
Total current liabilities 1,575,931 1,798,044
Long-term debt 1,807,203 3,119,464
Postretirement benefits 45,075 44,744
Pension benefits 115,451 117,361
Other noncurrent liabilities 1,118,508 1,084,892
Deferred income taxes 369,294 368,275
Noncurrent liabilities held for sale 0 59,970
Commitments and contingencies (Note 8)
Albemarle Corporation shareholders’ equity:    
Common stock, $.01 par value, authorized – 275,000, issued and outstanding – 117,886 in 2026 and 117,716 in 2025 1,179 1,178
Mandatory convertible preferred stock, Series A, no par value, $1,000 stated value, authorized – 15,000, issued and outstanding – 2,300 in 2026 and 2025 2,235,105 2,235,105
Additional paid-in capital 3,029,667 3,018,213
Accumulated other comprehensive loss (259,112) (334,807)
Retained earnings 4,843,335 4,613,676
Total Albemarle Corporation shareholders’ equity 9,850,174 9,533,365
Noncontrolling interests 257,942 248,096
Total equity 10,108,116 9,781,461
Total liabilities and equity 15,139,578 16,374,211
Nonrelated Party    
Current liabilities:    
Accounts payable 677,151 779,160
Related Party    
Current liabilities:    
Accounts payable $ 256,630 $ 134,369