ALB · 8-K · 20260805PR000101
Operating Cash Flow Trends
ALBEMARLE CORP · 2026-08-05 · Importance 37 · Surprise 6 · In source text
Second-quarter operating cash flow was $710.0 million and free cash flow was $638.3 million after $71.7 million of capital expenditures. Operating cash flow conversion was 83% of adjusted EBITDA, supported primarily by the timing of an increased dividend from the Talison joint venture and non-recurring working-capital benefits. First-half operating cash flow increased $518.1 million year over year to $1.056 billion from $538.2 million. First-half cash generation also included $131.7 million of dividends received from unconsolidated investments, compared with $67.8 million in the prior-year period.
Key facts
- Cash from operations in first half of 2026: $1.1 billion, increased $518 million vs prior-year period source
- Cash from operating activities in Q2 2026: $710 million source
- Free cash flow in Q2 2026: $638 million source
- Six months ended June 30, 2026 net cash provided by operating activities: $1,056,241 thousand source
- Operating cash flow conversion in Q2 2026: 83% source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Cash from operations in first half of 2026: $1.1 billion, increased $518 million vs prior-year period |
| cash | positive | realized | — | Cash from operating activities in Q2 2026: $710 million |
| cash | positive | realized | — | Free cash flow in Q2 2026: $638 million |
| cash | positive | realized | — | Six months ended June 30, 2026 net cash provided by operating activities: $1,056,241 thousand |
| cash | positive | realized | — | Operating cash flow conversion in Q2 2026: 83% |