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Side-by-side financial comparison of Albemarle Corporation (ALB) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

Albemarle Corporation is the larger business by last-quarter revenue ($1.4B vs $1.0B, roughly 1.4× WESTERN ALLIANCE BANCORPORATION). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs -29.0%, a 47.6% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs 15.9%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% 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...

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

ALB vs WAL — Head-to-Head

Bigger by revenue
ALB
ALB
1.4× larger
ALB
$1.4B
$1.0B
WAL
Growing faster (revenue YoY)
WAL
WAL
+15.0% gap
WAL
31.0%
15.9%
ALB
Higher net margin
WAL
WAL
47.6% more per $
WAL
18.6%
-29.0%
ALB
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
2.4%
ALB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALB
ALB
WAL
WAL
Revenue
$1.4B
$1.0B
Net Profit
$-414.2M
$189.2M
Gross Margin
13.9%
Operating Margin
-15.2%
Net Margin
-29.0%
18.6%
Revenue YoY
15.9%
31.0%
Net Profit YoY
-650.1%
-5.0%
EPS (diluted)
$-3.88
$1.65

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
WAL
WAL
Q1 26
$1.0B
Q4 25
$1.4B
$980.9M
Q3 25
$1.3B
$938.2M
Q2 25
$1.3B
$845.9M
Q1 25
$1.1B
$778.0M
Q4 24
$1.2B
$838.4M
Q3 24
$1.4B
$823.1M
Q2 24
$1.4B
$771.8M
Net Profit
ALB
ALB
WAL
WAL
Q1 26
$189.2M
Q4 25
$-414.2M
$286.1M
Q3 25
$-160.7M
$253.4M
Q2 25
$22.9M
$230.4M
Q1 25
$41.3M
$199.1M
Q4 24
$75.3M
$216.9M
Q3 24
$-1.1B
$199.8M
Q2 24
$-188.2M
$193.6M
Gross Margin
ALB
ALB
WAL
WAL
Q1 26
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%
Operating Margin
ALB
ALB
WAL
WAL
Q1 26
Q4 25
-15.2%
36.3%
Q3 25
-16.6%
33.4%
Q2 25
3.6%
34.4%
Q1 25
1.8%
31.7%
Q4 24
0.4%
30.9%
Q3 24
-81.9%
30.6%
Q2 24
-34.4%
32.1%
Net Margin
ALB
ALB
WAL
WAL
Q1 26
18.6%
Q4 25
-29.0%
29.2%
Q3 25
-12.3%
27.0%
Q2 25
1.7%
27.2%
Q1 25
3.8%
25.6%
Q4 24
6.1%
25.9%
Q3 24
-78.9%
24.3%
Q2 24
-13.2%
25.1%
EPS (diluted)
ALB
ALB
WAL
WAL
Q1 26
$1.65
Q4 25
$-3.88
$2.59
Q3 25
$-1.72
$2.28
Q2 25
$-0.16
$2.07
Q1 25
$0.00
$1.79
Q4 24
$0.29
$1.94
Q3 24
$-9.45
$1.80
Q2 24
$-1.96
$1.75

Balance Sheet & Financial Strength

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

Metric
ALB
ALB
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$3.2B
$4.3B
Stockholders' EquityBook value
$9.5B
$7.9B
Total Assets
$16.4B
$98.9B
Debt / EquityLower = less leverage
0.33×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALB
ALB
WAL
WAL
Q1 26
Q4 25
Q3 25
$1.9B
Q2 25
$1.8B
Q1 25
$1.5B
Q4 24
$1.2B
Q3 24
$1.7B
Q2 24
$1.8B
Total Debt
ALB
ALB
WAL
WAL
Q1 26
$4.3B
Q4 25
$3.2B
$1.4B
Q3 25
$3.6B
$2.9B
Q2 25
$3.6B
$2.9B
Q1 25
$3.5B
$1.6B
Q4 24
$3.5B
$2.4B
Q3 24
$3.6B
$1.4B
Q2 24
$3.5B
$436.0M
Stockholders' Equity
ALB
ALB
WAL
WAL
Q1 26
$7.9B
Q4 25
$9.5B
$7.7B
Q3 25
$10.0B
$7.4B
Q2 25
$10.2B
$7.1B
Q1 25
$10.0B
$6.9B
Q4 24
$10.0B
$6.7B
Q3 24
$10.2B
$6.7B
Q2 24
$11.2B
$6.3B
Total Assets
ALB
ALB
WAL
WAL
Q1 26
$98.9B
Q4 25
$16.4B
$92.8B
Q3 25
$17.1B
$91.0B
Q2 25
$17.3B
$86.7B
Q1 25
$17.0B
$83.0B
Q4 24
$16.6B
$80.9B
Q3 24
$17.5B
$80.1B
Q2 24
$18.4B
$80.6B
Debt / Equity
ALB
ALB
WAL
WAL
Q1 26
0.54×
Q4 25
0.33×
0.18×
Q3 25
0.36×
0.39×
Q2 25
0.35×
0.41×
Q1 25
0.35×
0.23×
Q4 24
0.35×
0.36×
Q3 24
0.35×
0.21×
Q2 24
0.31×
0.07×

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
WAL
WAL
Operating Cash FlowLast quarter
$388.5M
Free Cash FlowOCF − Capex
$233.1M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$692.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALB
ALB
WAL
WAL
Q1 26
Q4 25
$388.5M
$-2.7B
Q3 25
$355.6M
$-597.4M
Q2 25
$-7.2M
$-357.7M
Q1 25
$545.4M
$-1.7B
Q4 24
$674.0K
$-2.7B
Q3 24
$240.5M
$-1.1B
Q2 24
$362.9M
$-745.8M
Free Cash Flow
ALB
ALB
WAL
WAL
Q1 26
Q4 25
$233.1M
Q3 25
$223.4M
Q2 25
$-126.8M
Q1 25
$362.8M
Q4 24
$-355.1M
Q3 24
$-62.6M
Q2 24
$-84.7M
FCF Margin
ALB
ALB
WAL
WAL
Q1 26
Q4 25
16.3%
Q3 25
17.1%
Q2 25
-9.5%
Q1 25
33.7%
Q4 24
-28.8%
Q3 24
-4.6%
Q2 24
-5.9%
Capex Intensity
ALB
ALB
WAL
WAL
Q1 26
Q4 25
10.9%
Q3 25
10.1%
Q2 25
9.0%
Q1 25
17.0%
Q4 24
28.9%
Q3 24
22.4%
Q2 24
31.3%
Cash Conversion
ALB
ALB
WAL
WAL
Q1 26
Q4 25
-9.36×
Q3 25
-2.36×
Q2 25
-0.31×
-1.55×
Q1 25
13.19×
-8.31×
Q4 24
0.01×
-12.64×
Q3 24
-5.35×
Q2 24
-3.85×

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%

WAL
WAL

Segment breakdown not available.

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