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Side-by-side financial comparison of Albemarle Corporation (ALB) and Simon Property Group (SPG). Click either name above to swap in a different company.

Simon Property Group is the larger business by last-quarter revenue ($1.8B vs $1.4B, roughly 1.3× Albemarle Corporation). Simon Property Group runs the higher net margin — 197.6% vs -29.0%, a 226.6% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs 13.2%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $233.1M). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% CAGR vs 2.4%).

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...

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

ALB vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.3× larger
SPG
$1.8B
$1.4B
ALB
Growing faster (revenue YoY)
ALB
ALB
+2.7% gap
ALB
15.9%
13.2%
SPG
Higher net margin
SPG
SPG
226.6% more per $
SPG
197.6%
-29.0%
ALB
More free cash flow
SPG
SPG
$715.7M more FCF
SPG
$948.8M
$233.1M
ALB
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
2.4%
ALB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALB
ALB
SPG
SPG
Revenue
$1.4B
$1.8B
Net Profit
$-414.2M
$3.5B
Gross Margin
13.9%
Operating Margin
-15.2%
49.7%
Net Margin
-29.0%
197.6%
Revenue YoY
15.9%
13.2%
Net Profit YoY
-650.1%
358.7%
EPS (diluted)
$-3.88
$9.34

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
SPG
SPG
Q4 25
$1.4B
$1.8B
Q3 25
$1.3B
$1.6B
Q2 25
$1.3B
$1.5B
Q1 25
$1.1B
$1.5B
Q4 24
$1.2B
$1.6B
Q3 24
$1.4B
$1.5B
Q2 24
$1.4B
$1.5B
Q1 24
$1.4B
$1.4B
Net Profit
ALB
ALB
SPG
SPG
Q4 25
$-414.2M
$3.5B
Q3 25
$-160.7M
$702.7M
Q2 25
$22.9M
$643.7M
Q1 25
$41.3M
$477.9M
Q4 24
$75.3M
$771.8M
Q3 24
$-1.1B
$546.7M
Q2 24
$-188.2M
$569.4M
Q1 24
$2.4M
$841.2M
Gross Margin
ALB
ALB
SPG
SPG
Q4 25
13.9%
Q3 25
9.0%
Q2 25
14.8%
Q1 25
14.5%
Q4 24
11.2%
Q3 24
-7.7%
Q2 24
-0.7%
Q1 24
2.9%
Operating Margin
ALB
ALB
SPG
SPG
Q4 25
-15.2%
49.7%
Q3 25
-16.6%
50.8%
Q2 25
3.6%
49.7%
Q1 25
1.8%
49.4%
Q4 24
0.4%
52.8%
Q3 24
-81.9%
51.9%
Q2 24
-34.4%
51.7%
Q1 24
-13.2%
51.0%
Net Margin
ALB
ALB
SPG
SPG
Q4 25
-29.0%
197.6%
Q3 25
-12.3%
43.9%
Q2 25
1.7%
43.0%
Q1 25
3.8%
32.4%
Q4 24
6.1%
48.8%
Q3 24
-78.9%
36.9%
Q2 24
-13.2%
39.0%
Q1 24
0.2%
58.3%
EPS (diluted)
ALB
ALB
SPG
SPG
Q4 25
$-3.88
$9.34
Q3 25
$-1.72
$1.86
Q2 25
$-0.16
$1.70
Q1 25
$0.00
$1.27
Q4 24
$0.29
$2.04
Q3 24
$-9.45
$1.46
Q2 24
$-1.96
$1.51
Q1 24
$-0.08
$2.25

Balance Sheet & Financial Strength

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

Metric
ALB
ALB
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$823.1M
Total DebtLower is stronger
$3.2B
$28.4B
Stockholders' EquityBook value
$9.5B
$5.2B
Total Assets
$16.4B
$40.6B
Debt / EquityLower = less leverage
0.33×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALB
ALB
SPG
SPG
Q4 25
$823.1M
Q3 25
$1.9B
$1.6B
Q2 25
$1.8B
$1.2B
Q1 25
$1.5B
$1.4B
Q4 24
$1.2B
$1.4B
Q3 24
$1.7B
$2.5B
Q2 24
$1.8B
$2.5B
Q1 24
$2.1B
$2.6B
Total Debt
ALB
ALB
SPG
SPG
Q4 25
$3.2B
$28.4B
Q3 25
$3.6B
$25.8B
Q2 25
$3.6B
$25.4B
Q1 25
$3.5B
$24.8B
Q4 24
$3.5B
$24.3B
Q3 24
$3.6B
$25.4B
Q2 24
$3.5B
$25.3B
Q1 24
$3.5B
$25.5B
Stockholders' Equity
ALB
ALB
SPG
SPG
Q4 25
$9.5B
$5.2B
Q3 25
$10.0B
$2.3B
Q2 25
$10.2B
$2.5B
Q1 25
$10.0B
$2.6B
Q4 24
$10.0B
$2.9B
Q3 24
$10.2B
$2.7B
Q2 24
$11.2B
$2.9B
Q1 24
$11.5B
$3.1B
Total Assets
ALB
ALB
SPG
SPG
Q4 25
$16.4B
$40.6B
Q3 25
$17.1B
$33.6B
Q2 25
$17.3B
$33.3B
Q1 25
$17.0B
$32.5B
Q4 24
$16.6B
$32.4B
Q3 24
$17.5B
$33.3B
Q2 24
$18.4B
$33.4B
Q1 24
$19.0B
$33.7B
Debt / Equity
ALB
ALB
SPG
SPG
Q4 25
0.33×
5.46×
Q3 25
0.36×
10.98×
Q2 25
0.35×
10.36×
Q1 25
0.35×
9.50×
Q4 24
0.35×
8.25×
Q3 24
0.35×
9.37×
Q2 24
0.31×
8.59×
Q1 24
0.31×
8.22×

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
SPG
SPG
Operating Cash FlowLast quarter
$388.5M
$1.2B
Free Cash FlowOCF − Capex
$233.1M
$948.8M
FCF MarginFCF / Revenue
16.3%
53.0%
Capex IntensityCapex / Revenue
10.9%
14.2%
Cash ConversionOCF / Net Profit
0.34×
TTM Free Cash FlowTrailing 4 quarters
$692.5M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALB
ALB
SPG
SPG
Q4 25
$388.5M
$1.2B
Q3 25
$355.6M
$890.3M
Q2 25
$-7.2M
$1.2B
Q1 25
$545.4M
$827.2M
Q4 24
$674.0K
$1.1B
Q3 24
$240.5M
$892.9M
Q2 24
$362.9M
$1.1B
Q1 24
$98.0M
$773.1M
Free Cash Flow
ALB
ALB
SPG
SPG
Q4 25
$233.1M
$948.8M
Q3 25
$223.4M
$685.0M
Q2 25
$-126.8M
$971.3M
Q1 25
$362.8M
$597.0M
Q4 24
$-355.1M
$867.7M
Q3 24
$-62.6M
$706.5M
Q2 24
$-84.7M
$874.8M
Q1 24
$-481.4M
$610.1M
FCF Margin
ALB
ALB
SPG
SPG
Q4 25
16.3%
53.0%
Q3 25
17.1%
42.8%
Q2 25
-9.5%
64.8%
Q1 25
33.7%
40.5%
Q4 24
-28.8%
54.8%
Q3 24
-4.6%
47.7%
Q2 24
-5.9%
60.0%
Q1 24
-35.4%
42.3%
Capex Intensity
ALB
ALB
SPG
SPG
Q4 25
10.9%
14.2%
Q3 25
10.1%
12.8%
Q2 25
9.0%
16.3%
Q1 25
17.0%
15.6%
Q4 24
28.9%
13.8%
Q3 24
22.4%
12.6%
Q2 24
31.3%
12.9%
Q1 24
42.6%
11.3%
Cash Conversion
ALB
ALB
SPG
SPG
Q4 25
0.34×
Q3 25
1.27×
Q2 25
-0.31×
1.89×
Q1 25
13.19×
1.73×
Q4 24
0.01×
1.41×
Q3 24
1.63×
Q2 24
1.87×
Q1 24
40.01×
0.92×

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%

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

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