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Albemarle Corp
NYSE:ALB

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Albemarle Corp Logo
Albemarle Corp
NYSE:ALB
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Price: 112.15 USD 0.31% Market Closed
Updated: Apr 20, 2024

ROIC
Return on Invested Capital

-2.5%
Current
9%
Average
4.8%
Industry
Negative for the last year
-2.5%
Positive average
9%
Worse than average
Worse than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-2.5%
=
NOPAT
-341.6m
/
Invested Capital
14.2B

ROIC Across Competitors

ROIC Comparison
Albemarle Corp Competitors

Country US
Market Cap 13.3B USD
ROIC
-3%
Country JP
Market Cap 12.2T JPY
ROIC
17%
Country US
Market Cap 77.9B USD
ROIC
14%
Country US
Market Cap 62.3B USD
ROIC
9%
Country CH
Market Cap 41B CHF
ROIC
12%
Country CH
Market Cap 36.3B CHF
ROIC
10%
Country CN
Market Cap 271.7B CNY
ROIC
10%
Country IN
Market Cap 2.7T INR
ROIC
31%
Country US
Market Cap 31.8B USD
ROIC
5%
Country US
Market Cap 30.5B USD
ROIC
11%
Country CH
Market Cap 27.6B EUR
ROIC
-2%

Profitability Report

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

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-2.5%
=
NOPAT
-341.6m
/
Invested Capital
14.2B
What is the ROIC of Albemarle Corp?

Based on Albemarle Corp's most recent financial statements, the company has ROIC of -2.5%.