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Consolidated Statements of Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 1,329,992 $ 1,430,385 $ 2,406,873 $ 2,791,121
Cost of goods sold [1] 1,133,116 1,440,963 2,053,698 2,762,761
Gross profit (loss) 196,876 (10,578) 353,175 28,360
Selling, general and administrative expenses 132,457 166,423 255,959 327,799
Restructuring charges and asset write-offs 4,448 294,840 3,385 328,376
Research and development expenses 12,444 20,770 26,543 44,302
Operating profit (loss) 47,527 (492,611) 67,288 (672,117)
Interest and financing expenses (49,939) (35,187) (98,916) (73,156)
Other (expenses) income, net (6,559) 33,666 3,691 83,567
Loss before income taxes and equity in net income of unconsolidated investments (8,971) (494,132) (27,937) (661,706)
Income tax expense (benefit) 34,094 (30,660) 30,116 (34,381)
Loss before equity in net income of unconsolidated investments (43,065) (463,472) (58,053) (627,325)
Equity in net income of unconsolidated investments (net of tax) 78,258 286,878 142,544 467,378
Net income (loss) 35,193 (176,594) 84,491 (159,947)
Net income attributable to noncontrolling interests (12,296) (11,604) (20,246) (25,803)
Net income (loss) attributable to Albemarle Corporation 22,897 (188,198) 64,245 (185,750)
Mandatory convertible preferred stock dividends (41,687) (41,688) (83,375) (53,272)
Net loss attributable to Albemarle Corporation common shareholders $ (18,790) $ (229,886) $ (19,130) $ (239,022)
Basic loss per share attributable to common shareholders (in dollars per share) $ (0.16) $ (1.96) $ (0.16) $ (2.03)
Diluted loss per share attributable to common shareholders (in dollars per share) $ (0.16) $ (1.96) $ (0.16) $ (2.03)
Weighted-average common shares outstanding - basic (in shares) 117,665 117,528 117,634 117,489
Weighted-average common shares outstanding - diluted (in shares) 117,665 117,528 117,634 117,489
[1] Included purchases from related unconsolidated affiliates of $158.6 million and $582.2 million for the three-month periods ended June 30, 2025 and 2024, respectively, and $278.5 million and $1.1 billion for the six-month periods ended June 30, 2025 and 2024, respectively.