Q2 2023 Performance Overview
Definitions of Non-GAAP Measures
NON-GAAP MEASURE
Adjusted Net Income
DESCRIPTION
Net income attributable to Albemarle Corporation before non-recurring, other unusual and non-operating pension and OPEB.
Pro-forma Adjusted Net Income
Adjusted Diluted EPS
Net income attributable to Albemarle Corporation before non-recurring, other unusual and non-operating pension and OPEB items, and the net impact of the divested business.
Diluted EPS before non-recurring, other unusual and non-operating pension and OPEB.
Pro-forma Adjusted Diluted EPS
Diluted EPS before non-recurring, other unusual and non-operating pension and OPEB items, and the net impact of the divested business.
EBITDA
Adjusted EBITDA
Pro-forma Adjusted EBITDA
Net income attributable to Albemarle Corporation before interest and financing expenses, income taxes, and depreciation and amortization.
EBITDA before non-recurring, other unusual and non-operating pension and OPEB.
Adjusted EBITDA before the net impact of EBITDA of the divested business.
Pro-forma Net Sales
Adjusted Effective Income Tax Rate
Net Sales before the impact of Net Sales from the divested business.
Reported effective income tax rate before the tax impact of non-recurring, other unusual and non-operating pension and OPEB items.
ALBEMARLE
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