Albemarle Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.37B | $3.07B | $2.68B | $2.83B | $2.45B | $2.39B | $2.52B | $2.87B |
| Lithium_and_Advanced_Materials | — | $1.31B | $968.2M | — | — | — | — | — |
| Bromine_Specialties | $917.9M | $855.1M | $792.4M | — | — | — | — | — |
| Refining_Solutions | — | $778.3M | $732.1M | — | — | — | — | — |
| Lithium | $1.23B | — | — | — | — | — | — | — |
| Catalysts | $1.10B | — | — | — | — | — | — | — |
| Energy_Storage | — | — | — | — | — | — | — | — |
| Specialties | — | — | — | — | — | — | — | — |
| Ketjen | — | — | — | — | — | — | — | — |
| All_Other | $127.2M | $128.9M | $181.0M | — | — | — | — | — |
| Corporate | $159.0K | $1.5M | $3.4M | — | — | — | — | — |
| Cost of Revenue | $2.16B | $1.97B | $1.71B | $1.97B | $1.67B | $1.54B | $1.62B | $1.91B |
| Gross Profit | $1.22B | $1.11B | $970.3M | $860.2M | $770.8M | $850.5M | $898.8M | $954.9M |
| Gross Margin | 36.1% | 36.0% | 36.2% | 30.4% | 31.5% | 35.5% | 35.7% | 33.3% |
| Operating Expenses | ||||||||
| Research & Development | $70.1M | $84.3M | $80.5M | $89.2M | $88.3M | $82.2M | $78.9M | $77.1M |
| SG&A Expense | $446.1M | $450.3M | $353.8M | $300.4M | $355.1M | $158.2M | $308.5M | $360.1M |
| Operating Income | $911.5M | $571.7M | $601.0M | $345.1M | $271.3M | $576.7M | $399.8M | $517.8M |
| Operating Margin | 27.0% | 18.6% | 22.4% | 12.2% | 11.1% | 24.1% | 15.9% | 18.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $794.7M | $446.8M | $515.3M | $310.7M | $539.2M | $533.7M | $660.5M | $712.0M |
| Income Tax Expense | $144.8M | $431.8M | $96.3M | $11.1M | $18.5M | $134.4M | $80.4M | $104.1M |
| Net Income | $693.6M | $54.9M | $643.7M | $334.9M | $133.3M | $413.2M | $311.5M | $392.1M |
| Net Margin | 20.6% | 1.8% | 24.0% | 11.8% | 5.5% | 17.3% | 12.4% | 13.7% |
| EPS (Basic) | $6.40 | $0.49 | $5.73 | $3.01 | $1.69 | $4.93 | $3.49 | $4.33 |
| EPS (Diluted) | $6.34 | $0.49 | $5.68 | $3.00 | $1.69 | $4.90 | $3.47 | $4.28 |
| Shares Outstanding (Basic) | 108.4M | 110.9M | 112.4M | 111.2M | 78.7M | 83.8M | 89.2M | 90.5M |
| Shares Outstanding (Diluted) | 109.5M | 112.4M | 113.2M | 111.6M | 79.1M | 84.3M | 89.9M | 91.5M |
| Dividends Per Share | $1.34 | $1.28 | $1.22 | $1.16 | $1.10 | $0.96 | $0.80 | $0.67 |