ALB · 8-K · 20260805PR000101

Liquidity and Debt Position

ALBEMARLE CORP · 2026-08-05 · Importance 76 · Surprise 56 · In source text

As of June 30, 2026, Albemarle reported approximately $3.2 billion of liquidity, including $1.6 billion of cash, $1.5 billion available under its revolver and $78 million under other credit lines. Total debt was $1.9 billion, and net debt to adjusted EBITDA was approximately 0.5 times. Long-term debt declined to $1.8 billion from $3.1 billion at December 31, 2025. The reduction followed a $1.3 billion debt tender and redemption completed in the first quarter, which produced a $12.5 million gain on early extinguishment.

Key facts

• As of June 30, 2026 estimated liquidity approximately $3.2 billion including $1.6 billion cash and cash equivalents, $1.5 billion revolver availability and $78 million other credit lines source
• Albemarle completed a $1.3 billion debt tender and redemption in Q1 2026 resulting in a gain on early extinguishment of debt of $12.5 million source
• Interest and financing expense for 2026 expected between $120 and $140 million source
• Weighted-average common shares outstanding (diluted) FY2026 expected ~136 million source
• Total debt as of June 30, 2026: $1.9 billion source
• Net debt to adjusted EBITDA ratio as of June 30, 2026: approximately 0.5 source
• As of June 30, 2026 cash and cash equivalents: $1,631,688 thousand source

Impact estimates