v3.26.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Loss Per Share
Basic and diluted loss per share for the three-month periods ended March 31, 2026 and 2025 are calculated as follows (in thousands, except per share amounts):
Three Months Ended
March 31,
20262025
Basic earnings (loss) per share
Numerator:
Net income attributable to Albemarle Corporation$319,091 $41,348 
Mandatory convertible preferred stock dividends(41,688)(41,688)
Net income (loss) attributable to Albemarle Corporation common shareholders$277,403 $(340)
Denominator:
Weighted-average common shares for basic earnings (loss) per share117,854 117,603 
Basic earnings (loss) per share$2.35 $(0.00)
Diluted earnings (loss) per share
Numerator:
Net income attributable to Albemarle Corporation$319,091 $41,348 
Mandatory convertible preferred stock dividends(41,688)(41,688)
Net income (loss) attributable to Albemarle Corporation common shareholders$277,403 $(340)
Denominator:
Weighted-average common shares for basic earnings (loss) per share117,854 117,603 
Incremental shares under stock compensation plans753 — 
Weighted-average common shares for diluted earnings (loss) per share118,607 117,603 
Diluted earnings (loss) per share$2.34 $(0.00)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the number of shares, calculated on a weighted average basis, not included in the computation of diluted earnings per share because their effect would have been anti-dilutive (in thousands):
Three Months Ended
March 31,
20262025
Shares assuming the conversion of the mandatory convertible preferred stock17,521 21,022 
Shares under the stock compensation plans97 1,161