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Albemarle Corp
NYSE:ALB

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Albemarle Corp Logo
Albemarle Corp
NYSE:ALB
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Price: 114.98 USD -0.25% Market Closed
Updated: Apr 26, 2024

ROE
Return on Equity

18.1%
Current
21%
Average
5.5%
Industry
Positive for the last year
18.1%
Positive average
21%
Worse than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
18.1%
=
Net Income
1.6B
/
Equity
9.3B

ROE Across Competitors

ROE Comparison
Albemarle Corp Competitors

Country US
Market Cap 13.5B USD
ROE
18%
Country JP
Market Cap 12.6T JPY
ROE
13%
Country US
Market Cap 77.6B USD
ROE
70%
Country US
Market Cap 62.7B USD
ROE
18%
Country CH
Market Cap 41B CHF
ROE
20%
Country CH
Market Cap 36.2B CHF
ROE
22%
Country CN
Market Cap 265.3B CNY
ROE
20%
Country IN
Market Cap 2.7T INR
ROE
35%
Country US
Market Cap 31.6B USD
ROE
2%
Country US
Market Cap 30.3B USD
ROE
19%
Country CH
Market Cap 27.3B EUR
ROE
13%

Profitability Report

View the profitability report to see the full profitability analysis for Albemarle Corp.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
18.1%
=
Net Income
1.6B
/
Equity
9.3B
What is the ROE of Albemarle Corp?

Based on Albemarle Corp's most recent financial statements, the company has ROE of 18.1%.