Albemarle Corporation (ALB) — Tellvest

Top Analysts & Firms

Most Active Analysts

Analyst	Firm	Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Joel Jackson	BMO Capital Markets	13 (69%)
Vincent Andrews	Morgan Stanley	13 (0%)
Dave Begleiter	Deutsche Bank	11 (0%)
Rock Hoffman	Bank of America	10 (0%)
Laurence Alexander	Jefferies	10 (20%)
Arun Viswanathan	RBC Capital Markets	9 (11%)
John Roberts	Mizuho Securities	8 (0%)
David Deckelbaum	TD Cowen	8 (0%)
Colin Rusch	Oppenheimer	8 (0%)
Patrick Cunningham	Citigroup	7 (14%)

Most Active Firms

Firm	Analysts	Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
BMO Capital Markets	1	13 (69%)
Morgan Stanley	1	13 (0%)
UBS	2	12 (0%)
Jefferies	2

Key Themes7

positive📊 company

Revenue Surges 33% With Adjusted EBITDA More Than Doubling

First quarter net sales of $1.4 billion increased 33% year over year driven by higher volumes and pricing in both segments. Adjusted EBITDA of $664 million was up 148% year over year. Adjusted EBITDA margin expanded over 20 percentage points versus prior year. Diluted EPS of $2.34.

Revenue GrowthMargin

positive📊 company

Specialties Outlook Raised On Stronger Pricing And Volume Execution

Raised Specialties net sales guidance to $1.3 billion to $1.5 billion and adjusted EBITDA to $225 million to $275 million. Specialties EBITDA up 30% year over year in Q1 driven by higher pricing, favorable product mix, and cost improvements. EBITDA margin now expected in the high teens.

Revenue GrowthMargin

positive📊 company

Energy Storage Pricing Up 51% Driving Near-Tripling Of Segment EBITDA

Energy Storage pricing increased 51% year over year with volumes up 14%. Net sales increased 70% and adjusted EBITDA nearly tripled. Average realized price approximately $17 per kilogram LCE with gap versus market price driven by contract lag and spodumene mix dilution.

PricingMargin

positive📊 company

Balance Sheet Transformed With $1.3B Debt Repaid And 1x Leverage

Repaid $1.3 billion of debt in Q1 following Eurecat and Ketjen divestiture proceeds. Weighted average interest rate reduced to 3.1% with annual interest expense lowered by approximately $60 million. Net debt-to-EBITDA leverage ratio fell to 1x. No major maturities until late 2028.

Capital Allocation

negative🌍 macro

Middle East Supply Chain Disruptions Create $70-$90M Headwind

Estimated full-year unmitigated cost impact of $70-90 million from Middle East supply chain disruptions. Impact offset by reduced interest expense from debt repayment and stronger Specialties performance. Total company outlook scenarios maintained despite disruptions.

Supply Chain

positive🏢 sector

Lithium Consumption Up 37% YTD Tracking Upper Forecast Range

Global lithium consumption up 37% year to date, toward the upper range of the 2026 forecast of 15-40%. Lithium demand expected to be relatively resilient to Middle East situation. Battery company order books full through beginning of 2027.

DemandCompetitive Dynamics

positive🌍 macro

Global Energy Storage Demand Up 117% Year Over Year

Energy storage demand surged 117% year over year, more than compensating for weak Q1 EV unit sales. Developing markets grew 74% year over year as EV penetration diversifies globally. European EV sales show robust growth driven by policy support in Germany, France, and UK.

DemandInnovation & R&D

Q&A Topicsfrequency by quarter

	Pricing	Competitive Dynamics	Demand	Margin	Capex Investment	Supply Chain	Capital Allocation	Cost Pressure
2024Q4	8	9	4	5	6	8	6
2025Q1	8	7	3	5	2	4	3	2
2025Q2	8	4	4	6	6	4	4	2
2025Q3	5	3	9	4	6	2	4	2
2025Q4	5	6	4	3	2	2	4	3
2026Q1	6	6	9	5	4	5	3	2

	'24Q4	'25Q1	'25Q2	'25Q3	'25Q4	'26Q1
Pricing	8	8	8	5	5	6
Competitive Dynamics	9	7	4	3	6	6
Demand	4	3	4	9	4	9
Margin	5	5	6	4	3	5
Capex Investment	6	2	6	6	2	4
Supply Chain	8	4	4	2	2	5
Capital Allocation	6	3	4	4	4	3
Cost Pressure		2	2	2	3	2

Analyst Q&A13 analysts · 25 questions · 12% challenge

Abigail EbertsWells Fargo

for the 2026, 2027 projects, you're talking about requiring minimal additional CAPEX. Can you just give us a feel for size there?

Quarter	Revenue	Rev YoY	EPS	EPS YoY	Gross margin	Op margin	Net margin	FCF
FY2024 Q4	$1.23B	-47.7%	$0.29	+105.5%	11.2%	-1.3%	6.1%	$-355M
FY2025 Q1	$1.08B	-20.9%	$-0.00	+96.4%	14.3%	1.6%	3.8%	$363M
FY2025 Q2	$1.33B	-7.0%	$-0.16	+91.8%	14.8%	4.0%	1.7%	$-127M
FY2025 Q3	$1.31B	-3.5%	$-1.72	+81.8%	9.0%	-2.3%	-12.3%	$223M
FY2025 Q4	$1.43B	+15.9%	$-3.87	-1434.5%	14.2%	3.4%	-29.0%	$233M
FY2026 Q1	$1.43B	+32.7%	$2.34	—	35.1%	16.3%	22.3%	$248M
FY2026 Q2	$1.74B	+31.1%	$3.52	+2300.0%	33.9%	26.0%	27.5%	$886M

Company	Score	Rev YoY	Headline
ALB Albemarle Corporation	9	+32.7%	Revenue surges 33% with adjusted EBITDA more than doubling
APD Air Products	9	+8.8%	Air Products delivered Q2 EPS of $3.20 growing 19% as sales rose 9% driven by volume-led growth across the core industrial gas portfolio, the strongest top-line performance in several quarters
DD DuPont	6	-45.2%	Strong Start to 2026 with Beat and Raise
ECL Ecolab	7	+10.0%	Adjusted EPS grows 13% with accelerating organic momentum
IFF International Flavors & Fragrances	6	-3.6%	Solid 3% CCN growth with all segments contributing
LIN Linde plc	9	+8.3%	Sales surged 8% to $8.8 billion with EPS of $4.33 up 10%, or 5% excluding favorable currency translation, as margin expansion tracked at the upper end of the range
LYB LyondellBasell	4	-6.3%	Middle East conflict disrupts >20% of global PE/PP capacity
PPG PPG Industries	6	+6.7%	Fifth consecutive quarter of organic growth despite challenging macro
SHW The Sherwin-Williams Company	6	+6.8%	Aggressive share gains across all segments

Albemarle Corporation

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Latest Quarter Insights

Q&A Topicsfrequency by quarter

Key financialsFY2026 Q1

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