ALB: what today's price assumes, in the company's own numbers
At $110.91, the model at each driver's own trend prices ALB at $0.01. The read below shows which reported driver, if any, closes that gap alone.
▸ Driver by driver · the numbers
For each driver: the last figure the company printed, with its period; the driver's own trend; the rate today's price needs it to run at, with the others at trend; and where the evidence in filings and calls leans.
| Driver | Last printed | Trend | Price needs | Evidence |
|---|---|---|---|---|
| Revenue | +31.1% 2026-06-30 | +31.1% | can't reach it alone | ↑ leans higher · 1 for, 0 against |
| Adjusted EBITDA margin (non-GAAP) | 35.7% 2026-06-30 | 33.7% | can't reach it alone | ↑ leans higher · 4 for, 3 against |
No single driver can reach today's price on its own; the common delta above is the read.
What the filings and calls say
- · revenue direction: raised. We see the potential for meaningful positive free cash flow at current lithium pricing and are targeting additional cost and producti — transcript · tier A
- · Functional Organization & Cost Discipline Enabling Cycle-Agnostic Competitiveness. Filing notes: 'In 2024, we transitioned from two core global business units t — opportunities · tier A
- · margin direction: raised. We see the potential for meaningful positive free cash flow at current lithium pricing and are targeting additional cost and productiv — transcript · tier A
- · Energy supply disruption and carbon pricing/taxation. Energy is a material input cost. Government-mandated energy quotas, carbon pricing, or taxation in operati — risk_factors · tier B
- · U.S. Tariff Mitigation via Global Footprint and China ESS Advantage. Filing notes: 'The potential direct exposure of the Energy Storage segment to proposed or i — opportunities · tier B
The latest filing
2026-09-03 · Albemarle appoints Ragnar Udd as President and CEO effective February 1, 2027; J. Kent Masters to become Executive Chair · open the filing · 2 claims read
2026-05-08 · Albemarle shareholders approved 2026 Incentive Plan and shareholder special meeting proposal at May 5 annual meeting. · open the filing · 1 claims read
How this read is made
The drivers are the lines ALB itself reports, in a commodity volume price structure, reviewed by integrity_gate. Every figure is a dated print from a filing or a release; no model writes a number. “Price needs” is the first-year rate on a path that fades to the model's long-run rate, solved so the model price equals today's, with the other drivers at their own trend. The evidence is the filings' and calls' own sentences, sorted for direction only. The method is on the methodology page; every read is sealed on the day and scored by the next print on the ledger.
Research, not advice. Every figure is a dated print from a filing or release you can open; nothing here is a verdict to adopt, and the view on any name is yours to write.