Albemarle (BSP:A1LB34) Tax Rate % : -12.91% (As of Dec. 2023)

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What is Albemarle Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Albemarle's Tax Expense for the three months ended in Dec. 2023 was R$582 Mil. Albemarle's Pre-Tax Income for the three months ended in Dec. 2023 was R$-4,512 Mil. Therefore, Albemarle's Tax Rate % for the quarter that ended in Dec. 2023 was -12.91%.

Albemarle Tax Rate % Historical Data

The historical data trend for Albemarle's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Albemarle Tax Rate % Chart

Albemarle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.66

14.57

22.04

16.05

174.39

Albemarle Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															2.79	23.93	25.53	5.41	-12.91

Albemarle Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Albemarle's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	2108.271	/	1208.967
	=	174.39 %

Albemarle's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	582.478	/	-4512.476
	=	-12.91 %

Albemarle Tax Rate % Related Terms

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Albemarle (BSP:A1LB34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Albemarle Corp (BSP:A1LB34) » Definitions » Tax Rate %

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Traded in Other Exchanges

ALB:USA ALB:Mexico AMC:Germany ALBE:Austria

Address

4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209

Website

https://www.albemarle.com

Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

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