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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenues $ 5,377,526 $ 9,617,203 $ 7,320,104
Cost of goods sold [1] 5,314,987 8,431,294 4,245,517
Gross profit 62,539 1,185,909 3,074,587
Selling, general and administrative expenses 618,048 910,002 524,145
Restructuring charges and asset write-offs 1,134,316 9,491  
Research and development expenses 86,720 85,725 71,981
(Gain) loss on change in interest in properties/sale of business, net 0 (71,190) 8,400
Operating (loss) profit (1,776,545) 251,881 2,470,061
Interest and financing expenses (165,619) (116,072) (122,973)
Other income, net 178,339 110,929 86,356
(Loss) income before income taxes and equity in net income of unconsolidated investments (1,763,825) 246,738 2,433,444
Income tax expense 87,085 430,277 390,588
(Loss) income before equity in net income of unconsolidated investments (1,850,910) (183,539) 2,042,856
Equity in net income of unconsolidated investments (net of tax) 715,433 1,854,082 772,275
Net (loss) income (1,135,477) 1,670,543 2,815,131
Net income attributable to noncontrolling interests (43,972) (97,067) (125,315)
Net (loss) income attributable to Albemarle Corporation (1,179,449) 1,573,476 2,689,816
Mandatory convertible preferred stock dividends (136,647) 0 0
Net (loss) income attributable to Albemarle Corporation common shareholders, basic (1,316,096) 1,573,476 2,689,816
Net (loss) income attributable to Albemarle Corporation common shareholders, diluted $ (1,316,096) $ 1,573,476 $ 2,689,816
Basic earnings (loss) per share attributable to common shareholders (in dollars per share) $ (11.20) $ 13.41 $ 22.97
Diluted earnings (loss) per share attributable to common shareholders (in dollars per share) $ (11.20) $ 13.36 $ 22.84
Weighted-average common shares outstanding—basic (in shares) 117,516 117,317 117,120
Weighted-average common shares outstanding—diluted (in shares) 117,516 117,766 117,793
[1] Included purchases from related unconsolidated affiliates of $1.7 billion, $2.3 billion and $656.7 million for the years ended December 31, 2024, 2023 and 2022, respectively.