vs

Side-by-side financial comparison of Albemarle Corporation (ALB) and Polaris Inc. (PII). Click either name above to swap in a different company.

Polaris Inc. is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× Albemarle Corporation). Polaris Inc. runs the higher net margin — -2.8% vs -29.0%, a 26.2% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs 8.0%). Albemarle Corporation produced more free cash flow last quarter ($233.1M vs $-342.5M). Over the past eight quarters, Albemarle Corporation's revenue compounded faster (2.4% CAGR vs -8.0%).

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...

Polaris Inc. is an American automotive manufacturer headquartered in Medina, Minnesota, United States. Polaris was founded in Roseau, Minnesota, where it still has engineering and manufacturing facilities. The company manufactured motorcycles through its Victory Motorcycles subsidiary until January 2017, then produced motorcycles through the Indian Motorcycle subsidiary, which it purchased in April 2011 and announced its divestiture in October 2025. Polaris produced personal watercraft from 1...

ALB vs PII — Head-to-Head

Bigger by revenue
PII
PII
1.2× larger
PII
$1.7B
$1.4B
ALB
Growing faster (revenue YoY)
ALB
ALB
+7.9% gap
ALB
15.9%
8.0%
PII
Higher net margin
PII
PII
26.2% more per $
PII
-2.8%
-29.0%
ALB
More free cash flow
ALB
ALB
$575.6M more FCF
ALB
$233.1M
$-342.5M
PII
Faster 2-yr revenue CAGR
ALB
ALB
Annualised
ALB
2.4%
-8.0%
PII

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALB
ALB
PII
PII
Revenue
$1.4B
$1.7B
Net Profit
$-414.2M
$-47.2M
Gross Margin
13.9%
20.2%
Operating Margin
-15.2%
Net Margin
-29.0%
-2.8%
Revenue YoY
15.9%
8.0%
Net Profit YoY
-650.1%
29.2%
EPS (diluted)
$-3.88
$-0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALB
ALB
PII
PII
Q1 26
$1.7B
Q4 25
$1.4B
$1.9B
Q3 25
$1.3B
$1.8B
Q2 25
$1.3B
$1.9B
Q1 25
$1.1B
$1.5B
Q4 24
$1.2B
$1.8B
Q3 24
$1.4B
$1.7B
Q2 24
$1.4B
$2.0B
Net Profit
ALB
ALB
PII
PII
Q1 26
$-47.2M
Q4 25
$-414.2M
$-303.6M
Q3 25
$-160.7M
$-15.8M
Q2 25
$22.9M
$-79.3M
Q1 25
$41.3M
$-66.8M
Q4 24
$75.3M
$10.6M
Q3 24
$-1.1B
$27.7M
Q2 24
$-188.2M
$68.7M
Gross Margin
ALB
ALB
PII
PII
Q1 26
20.2%
Q4 25
13.9%
20.0%
Q3 25
9.0%
20.7%
Q2 25
14.8%
19.4%
Q1 25
14.5%
16.0%
Q4 24
11.2%
20.4%
Q3 24
-7.7%
20.6%
Q2 24
-0.7%
21.6%
Operating Margin
ALB
ALB
PII
PII
Q1 26
Q4 25
-15.2%
-16.7%
Q3 25
-16.6%
1.1%
Q2 25
3.6%
-0.7%
Q1 25
1.8%
-2.4%
Q4 24
0.4%
3.7%
Q3 24
-81.9%
3.8%
Q2 24
-34.4%
6.1%
Net Margin
ALB
ALB
PII
PII
Q1 26
-2.8%
Q4 25
-29.0%
-15.8%
Q3 25
-12.3%
-0.9%
Q2 25
1.7%
-4.3%
Q1 25
3.8%
-4.3%
Q4 24
6.1%
0.6%
Q3 24
-78.9%
1.6%
Q2 24
-13.2%
3.5%
EPS (diluted)
ALB
ALB
PII
PII
Q1 26
$-0.83
Q4 25
$-3.88
$-5.34
Q3 25
$-1.72
$-0.28
Q2 25
$-0.16
$-1.39
Q1 25
$0.00
$-1.17
Q4 24
$0.29
$0.18
Q3 24
$-9.45
$0.49
Q2 24
$-1.96
$1.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALB
ALB
PII
PII
Cash + ST InvestmentsLiquidity on hand
$282.0M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$9.5B
$750.4M
Total Assets
$16.4B
$5.2B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALB
ALB
PII
PII
Q1 26
$282.0M
Q4 25
$138.0M
Q3 25
$1.9B
$335.5M
Q2 25
$1.8B
$324.3M
Q1 25
$1.5B
$291.7M
Q4 24
$1.2B
$287.8M
Q3 24
$1.7B
$291.3M
Q2 24
$1.8B
$322.7M
Total Debt
ALB
ALB
PII
PII
Q1 26
Q4 25
$3.2B
$1.5B
Q3 25
$3.6B
$1.3B
Q2 25
$3.6B
$1.4B
Q1 25
$3.5B
$1.6B
Q4 24
$3.5B
$1.6B
Q3 24
$3.6B
$1.7B
Q2 24
$3.5B
$2.1B
Stockholders' Equity
ALB
ALB
PII
PII
Q1 26
$750.4M
Q4 25
$9.5B
$828.4M
Q3 25
$10.0B
$1.1B
Q2 25
$10.2B
$1.2B
Q1 25
$10.0B
$1.2B
Q4 24
$10.0B
$1.3B
Q3 24
$10.2B
$1.3B
Q2 24
$11.2B
$1.3B
Total Assets
ALB
ALB
PII
PII
Q1 26
$5.2B
Q4 25
$16.4B
$4.9B
Q3 25
$17.1B
$5.3B
Q2 25
$17.3B
$5.4B
Q1 25
$17.0B
$5.5B
Q4 24
$16.6B
$5.5B
Q3 24
$17.5B
$5.6B
Q2 24
$18.4B
$5.7B
Debt / Equity
ALB
ALB
PII
PII
Q1 26
Q4 25
0.33×
1.82×
Q3 25
0.36×
1.13×
Q2 25
0.35×
1.17×
Q1 25
0.35×
1.32×
Q4 24
0.35×
1.27×
Q3 24
0.35×
1.29×
Q2 24
0.31×
1.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALB
ALB
PII
PII
Operating Cash FlowLast quarter
$388.5M
Free Cash FlowOCF − Capex
$233.1M
$-342.5M
FCF MarginFCF / Revenue
16.3%
-20.6%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$692.5M
$168.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALB
ALB
PII
PII
Q1 26
Q4 25
$388.5M
$178.7M
Q3 25
$355.6M
$158.8M
Q2 25
$-7.2M
$320.3M
Q1 25
$545.4M
$83.2M
Q4 24
$674.0K
$206.3M
Q3 24
$240.5M
$21.0M
Q2 24
$362.9M
$146.3M
Free Cash Flow
ALB
ALB
PII
PII
Q1 26
$-342.5M
Q4 25
$233.1M
$114.0M
Q3 25
$223.4M
$116.7M
Q2 25
$-126.8M
$279.8M
Q1 25
$362.8M
$47.6M
Q4 24
$-355.1M
$137.3M
Q3 24
$-62.6M
$-32.4M
Q2 24
$-84.7M
$79.1M
FCF Margin
ALB
ALB
PII
PII
Q1 26
-20.6%
Q4 25
16.3%
5.9%
Q3 25
17.1%
6.3%
Q2 25
-9.5%
15.1%
Q1 25
33.7%
3.1%
Q4 24
-28.8%
7.8%
Q3 24
-4.6%
-1.9%
Q2 24
-5.9%
4.0%
Capex Intensity
ALB
ALB
PII
PII
Q1 26
Q4 25
10.9%
3.4%
Q3 25
10.1%
2.3%
Q2 25
9.0%
2.2%
Q1 25
17.0%
2.3%
Q4 24
28.9%
3.9%
Q3 24
22.4%
3.1%
Q2 24
31.3%
3.4%
Cash Conversion
ALB
ALB
PII
PII
Q1 26
Q4 25
Q3 25
Q2 25
-0.31×
Q1 25
13.19×
Q4 24
0.01×
19.46×
Q3 24
0.76×
Q2 24
2.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALB
ALB

Energy Storage$759.1M53%
Specialties$348.9M24%
Ketjen$320.1M22%

PII
PII

Segment breakdown not available.

Related Comparisons