| Address:
|
451 FLORIDA STREET
|
| City: |
BATON ROUGE |
|
State: |
LA |
|
Zip Code: |
70801 |
| Telephone: |
225-388-8011 |
|
Description of Business
|
Primary SIC Code:
2821 |
| (As filed with the SEC)
|
|
|
Albemarle Corporation was incorporated in Virginia in 1993. Our principal
executive offices are located at 330 South Fourth Street, Richmond, Virginia
23219, and our principal operations offices are located at 451 Florida Street,
Baton Rouge, Louisiana 70801. Unless the context otherwise indicates, the terms
"Albemarle," "we," "us," "our" or "the company" mean Albemarle Corporation and
our consolidated subsidiaries.
We are a leading global developer, manufacturer and marketer of highly
engineered specialty chemicals. Our products and services enhance the value of
our customers' end-products by improving performance, providing essential
product attributes, lowering cost and simplifying processing. We sell a highly
diversified mix of products to a wide range of customers, including
manufacturers of consumer electronics, building and construction materials,
automotive parts, packaging, pharmachemicals and agrichemicals, and petroleum
refiners. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | 1.94 | 0.125 | 18.75 | | 09/2009 | 1.41 | 0.125 | 24.54 | | 06/2009 | 1.46 | 0.125 | 17.51 | | 03/2009 | 1.71 | 0.125 | 12.73 | | 12/2008 | 2.10 | 0.120 | 10.62 | | 09/2008 | 2.55 | 0.120 | 12.09 | | 06/2008 | 2.55 | 0.120 | 15.65 | | 03/2008 | 2.44 | 0.120 | 14.97 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | 18.63 | Total Liab/Total Assets | 0.56 | | Net Inc/Total Assets | 0.06 | Total Liab/Inv Cap | 0.66 | | Net Inc/Inv Cap | 0.07 | Total Liab/Comm Equity | 163.57 | | Pretax Inc/Net Sales | 0.08 | Interest Coverage Ratio | 7.52 | | Net Inc/Net Sales | 0.09 | Curr Debt/Equity | 0.03 | | Cash Flow/Net Sales | 0.18 | LTD/Equity | 0.64 | | SG&A/NetSales | 0.11 | Total Debt/Equity | 0.67 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 5.76 | Quick Ratio | 1.94 | | Inventory Turnover | 3.43 | Current Ratio | 2.92 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.32 | | Net Sales/Work Cap | 2.95 | Inv/Curr Assets | 0.34 | | Net Sales/PP&E | 1.95 | | |
Income Statement (Millions) |
| |
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Total Revenues(Net Sales)
|
558.23
|
515.28
|
445.30
|
486.59
|
|
Cost of Goods Sold
|
408.77
|
381.20
|
335.48
|
396.09
|
|
Selling & Admin Exps
|
59.54
|
68.56
|
51.48
|
45.43
|
|
Operating Income
|
63.44
|
62.93
|
30.99
|
28.93
|
|
Interest Exp
|
6.02
|
6.20
|
6.09
|
6.27
|
|
Pretax Income
|
55.50
|
57.07
|
26.18
|
21.52
|
|
Other Income
|
-1.91
|
0.34
|
1.28
|
-1.13
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
62.35
|
52.13
|
36.95
|
26.95
|
|
Assets
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Cash & Short Term Investments
|
308.79
|
260.43
|
172.48
|
183.90
|
|
Receivables - Total
|
329.22
|
325.77
|
302.72
|
313.83
|
|
Inventories - Total
|
347.51
|
364.17
|
385.92
|
440.21
|
|
Total Current Assets
|
1,032.09
|
1,002.75
|
912.67
|
1,001.58
|
|
Net Property, Plant & Equipment
|
1,026.88
|
1,042.33
|
1,031.13
|
1,005.12
|
|
Total Assets
|
2,771.56
|
2,780.15
|
2,660.91
|
2,685.09
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
316.95
|
314.15
|
265.12
|
296.64
|
|
Debt in Current Liabilities
|
36.31
|
27.72
|
26.77
|
26.26
|
|
Total Current Liabilities
|
353.26
|
341.87
|
291.89
|
322.90
|
|
Long-Term Debt
|
776.40
|
793.10
|
820.56
|
891.88
|
|
Total Liabilities
|
1,565.86
|
1,583.09
|
1,549.36
|
1,671.70
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
47.62
|
47.21
|
41.58
|
52.26
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.92
|
0.92
|
0.92
|
0.91
|
|
Retained Earnings
|
1,287.98
|
1,237.08
|
1,196.40
|
1,169.35
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
1,205.70
|
1,197.06
|
1,111.55
|
1,013.39
|
|
Total Liabilities and Stockholders' Equity
|
2,771.56
|
2,780.15
|
2,660.91
|
2,685.09
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Net Cash Provided by Operating Activities
|
99.12
|
157.09
|
106.41
|
-4.10
|
|
Net Cash Provided by Investing Activities
|
-19.23
|
-28.39
|
-36.29
|
-37.72
|
|
Net Cash Provided by Financing Activities
|
-26.79
|
-41.45
|
-85.87
|
-26.68
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2005 | 2,107.50 | 114.87 | 1.20 | | 12/2006 | 2,368.51 | 142.97 | 0.74 | | 12/2007 | 2,336.19 | 229.69 | 2.36 | | 12/2008 | 2,467.11 | 194.20 | 2.10 | | 12/2009 | 2,005.39 | 178.37 | 1.94 | | Growth Rates | -1.23 | 11.63 | 12.76 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/09 | 257 | 70,262 | 76.95 |
|
Report Date :
3/15/2010
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