For the year ending 2025-12-31, ALB had $425,771K increase in cash & cash equivalents over the period. $692,466K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net (loss) income | -465,210 | -1,135,477 | 1,670,543 | 2,815,131 |
| Depreciation and amortization | 658,678 | 588,638 | 429,944 | 300,841 |
| Non-cash goodwill impairment charges | 181,070 | - | - | - |
| Non-cash long-lived asset impairment charges | 245,600 | - | - | - |
| Non-cash restructuring and asset write-offs | 0 | 1,013,444 | - | - |
| Gain on change in interest in properties/sale of business, net | 0 | 0 | 71,190 | -8,400 |
| Inventory net realizable value adjustment | - | -500,153 | 604,099 | - |
| Stock-based compensation and other | 40,271 | 32,141 | 36,545 | 30,474 |
| Equity in net income of unconsolidated investments (net of tax) | 243,744 | 715,433 | 1,854,082 | 772,275 |
| Dividends received from unconsolidated investments and nonmarketable securities | 93,739 | 358,933 | 2,000,862 | 801,239 |
| Pension and postretirement expense (benefit) | 23,377 | -5,274 | -1,658 | -52,254 |
| Pension and postretirement contributions | 20,441 | 19,379 | 17,866 | 16,112 |
| Realized loss on investments in marketable securities | 0 | -33,746 | - | - |
| Unrealized (gain) loss on investments in marketable securities | 14,088 | -30,073 | -39,864 | -3,279 |
| Loss on early extinguishment of debt | -7,471 | 0 | 0 | -19,219 |
| Deferred income taxes | -81,169 | 230,406 | -100,877 | -93,339 |
| Decrease (increase) in accounts receivable | -47,315 | -555,218 | 350,655 | 786,121 |
| Decrease (increase) in inventories | -212,351 | -1,560,450 | 962,924 | 1,609,642 |
| Decrease (increase) in other current assets | -4,027 | -244,987 | 171,870 | 104,655 |
| Increase (decrease) in accounts payable to third parties-Nonrelated Party | 144,208 | -462,839 | -315,220 | - |
| Increase (decrease) in accounts payable | - | - | - | 1,287,072 |
| Increase (decrease) in accounts payable to third parties-Related Party | -16,063 | -399,398 | 31,809 | - |
| (decrease) increase in accrued expenses and income taxes payable | -36,753 | -140,099 | 253,518 | -201,356 |
| Non-cash transfer of 40 value of construction in progress of kemerton plant to mrl | - | - | 17,297 | 122,682 |
| Noncurrent liability changes and other, net | -339,290 | 107,104 | 114,572 | 31,412 |
| Net cash provided by operating activities | 1,282,267 | 702,068 | 1,325,321 | 1,907,849 |
| Acquisitions, net of cash acquired | 0 | 0 | 426,228 | 162,239 |
| Capital expenditures | 589,801 | 1,685,790 | 2,149,281 | 1,261,646 |
| Proceeds from sale of property and equipment | 32,812 | 29,102 | - | - |
| Cash proceeds from divestitures, net | - | - | 0 | 0 |
| Proceeds from sale from investments | 290,908 | - | - | - |
| Proceeds from sale of joint venture | - | - | - | 0 |
| Proceeds (payments) from settlement of foreign currency forward contracts, net | -114,236 | - | - | - |
| Sales (purchases) of marketable securities, net | -6,077 | -82,520 | 204,451 | -1,942 |
| Investments in equity investments and nonmarketable securities | 239 | 270 | 1,200 | 706 |
| Net cash used in investing activities | -146,007 | -1,574,438 | -2,781,160 | -1,422,649 |
| Proceeds from issuance of common stock | - | - | 0 | 0 |
| Proceeds from issuance of mandatory convertible preferred stock, net of issuance costs | 0 | 2,236,750 | - | - |
| Proceeds from borrowings of long-term debt and credit agreements | 56,728 | 112,439 | 356,047 | 1,964,216 |
| Repayments of long-term debt and credit agreements | 505,736 | 112,439 | 28,862 | 705,000 |
| Other (repayments) borrowings, net | -5,657 | -631,834 | 617,014 | -391,662 |
| Fees related to early extinguishment of debt | - | 0 | 0 | 9,767 |
| Dividends paid to common shareholders | 190,530 | 188,530 | 187,188 | 184,429 |
| Dividends paid to mandatory convertible preferred shareholders | 166,750 | 122,746 | - | - |
| Dividends paid to noncontrolling interests | 18,169 | 37,194 | 105,631 | 44,208 |
| Proceeds from exercise of stock options | 3,240 | 374 | 190 | 2,783 |
| Withholding taxes paid on stock-based compensation award distributions | 7,258 | 11,891 | 27,468 | 13,338 |
| Other | 55 | 3,194 | 191 | 6,708 |
| Net cash (used in) provided by financing activities | -834,187 | 1,241,735 | 623,911 | 611,887 |
| Net effect of foreign exchange on cash and cash equivalents | 123,698 | -67,035 | 222,686 | -37,217 |
| Increase (decrease) in cash and cash equivalents | 425,771 | 302,330 | -609,242 | 1,059,870 |
| Cash and cash equivalents at beginning of period | 1,192,230 | 889,900 | 1,499,142 | 439,272 |
| Cash and cash equivalents at end of period | 1,618,001 | 1,192,230 | 889,900 | 1,499,142 |
ALBEMARLE CORP (ALB)
ALBEMARLE CORP (ALB)