Albemarle Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-510.6M | $-1.18B | $1.57B | $2.69B | $123.7M | $375.8M | $533.2M | $693.6M |
| Depreciation & Amortization | $658.7M | $588.6M | $429.9M | $300.8M | $254.0M | $232.0M | $213.5M | $200.7M |
| Depreciation | $632.4M | $561.4M | $398.5M | $273.0M | $225.6M | $203.6M | $183.3M | $170.0M |
| Amortization | $22.4M | $23.0M | $28.0M | $24.7M | $25.3M | $24.9M | $27.1M | $28.0M |
| Stock-Based Compensation | $40.3M | $32.1M | $36.5M | $30.5M | $20.1M | $22.8M | $19.7M | $15.2M |
| Net Cash from Operating Activities | $1.28B | $687.9M | $1.33B | $1.91B | $344.3M | $798.9M | $719.4M | $546.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $589.8M | $1.68B | $2.15B | $1.26B | $953.7M | $850.5M | $851.8M | $700.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-146.0M | $-1.58B | $-2.56B | $-1.42B | $-666.6M | $-863.6M | $-1.66B | $-303.7M |
| Financing Activities | ||||||||
| Dividends Paid | $190.5M | $188.5M | $187.2M | $184.4M | $177.9M | $161.8M | $152.2M | $144.6M |
| Stock Repurchases | — | — | — | — | — | $0 | $0 | $500.0M |
| Net Cash from Financing Activities | $-834.2M | $1.24B | $623.9M | $611.9M | $50.2M | $177.3M | $1.04B | $-786.5M |
| Net Change in Cash | $425.8M | $302.3M | $-609.2M | $1.06B | $-307.5M | $133.6M | $57.8M | $-582.0M |
| Free Cash Flow | $692.5M | $-992.7M | $-828.0M | $646.2M | $-609.4M | $-51.6M | $-132.4M | $-153.8M |