ALB vs. EMN
ALB (Albemarle Corporation) and EMN (Eastman Chemical Company) are both stocks. Both are in the Basic Materials sector — ALB in Specialty Chemicals, EMN in Chemicals. Over the past 10 years, ALB returned 8.24%/yr vs 3.48%/yr for EMN. At a 0.48 correlation, their price movements are largely independent.
Performance
ALB vs. EMN - Performance Comparison
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Returns By Period
In the year-to-date period, ALB achieves a 13.94% return, which is significantly lower than EMN's 16.23% return. Over the past 10 years, ALB has outperformed EMN with an annualized return of 8.24%, while EMN has yielded a comparatively lower 3.48% annualized return.
ALB
- 1D
- -3.73%
- 1M
- -5.55%
- YTD
- 13.94%
- 6M
- 10.47%
- 1Y
- 173.60%
- 3Y*
- -9.72%
- 5Y*
- 1.50%
- 10Y*
- 8.24%
EMN
- 1D
- 0.51%
- 1M
- 3.76%
- YTD
- 16.23%
- 6M
- 16.73%
- 1Y
- 1.86%
- 3Y*
- -0.35%
- 5Y*
- -5.21%
- 10Y*
- 3.48%
ALB vs. EMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 13.94% | 67.72% | -39.50% | -32.80% | -6.63% | 59.76% | 105.39% | -3.28% | -38.89% | 50.22% |
EMN Eastman Chemical Company | 16.23% | -26.87% | 5.11% | 14.66% | -30.38% | 23.54% | 31.78% | 12.01% | -19.10% | 26.28% |
Correlation
The correlation between ALB and EMN is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 1994 | 0.48 |
The correlation between ALB and EMN shifts across timeframes, from 0.30 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ALB:
-$2.33
EMN:
$4.61
ALB:
3.44
EMN:
0.73
ALB:
$5.49B
EMN:
$8.64B
ALB:
$1.02B
EMN:
$1.71B
ALB:
$801.97M
EMN:
$1.06B
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Return for Risk
ALB vs. EMN — Risk / Return Rank
ALB
EMN
ALB vs. EMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Albemarle Corporation (ALB) and Eastman Chemical Company (EMN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALB | EMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.65 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.05 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 5.51 | 0.06 | +5.45 |
| Martin ratioReturn relative to average drawdown | 16.11 | 0.12 | +15.99 |
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Drawdowns
ALB vs. EMN - Drawdown Comparison
The maximum ALB drawdown since its inception was -83.90%, which is greater than EMN's maximum drawdown of -76.11%. Use the drawdown chart below to compare losses from any high point for ALB and EMN.
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Drawdown Indicators
| ALB | EMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.90% | -76.11% | -7.79% |
Max Drawdown (1Y)Largest decline over 1 year | -31.72% | -30.02% | -1.70% |
Max Drawdown (3Y)Largest decline over 3 years | -78.60% | -48.40% | -30.20% |
Max Drawdown (5Y)Largest decline over 5 years | -83.90% | -49.35% | -34.55% |
Max Drawdown (10Y)Largest decline over 10 years | -83.90% | -62.74% | -21.16% |
Current DrawdownCurrent decline from peak | -48.13% | -32.46% | -15.67% |
Average DrawdownAverage peak-to-trough decline | -20.70% | -19.14% | -1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.83% | 15.99% | -5.16% |
Volatility
ALB vs. EMN - Volatility Comparison
Albemarle Corporation (ALB) has a higher volatility of 15.31% compared to Eastman Chemical Company (EMN) at 9.33%. This indicates that ALB's price experiences larger fluctuations and is considered to be riskier than EMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALB | EMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.31% | 9.33% | +5.98% |
Volatility (6M)Calculated over the trailing 6-month period | 42.85% | 23.56% | +19.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.59% | 38.71% | +23.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.66% | 32.16% | +22.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.35% | 31.86% | +16.49% |
Dividends
ALB vs. EMN - Dividend Comparison
ALB's dividend yield for the trailing twelve months is around 1.01%, less than EMN's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 1.01% | 1.15% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.01% | 1.74% | 1.00% | 1.42% | 2.07% |
EMN Eastman Chemical Company | 4.62% | 5.22% | 3.57% | 3.54% | 3.77% | 2.34% | 2.66% | 3.18% | 3.15% | 2.26% | 2.51% | 2.46% |
Financials
ALB vs. EMN - Financials Comparison
This section allows you to compare key financial metrics between Albemarle Corporation and Eastman Chemical Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALB vs. EMN - Profitability Comparison
ALB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a gross profit of 500.97M and revenue of 1.43B. Therefore, the gross margin over that period was 35.1%.
EMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eastman Chemical Company reported a gross profit of 431.00M and revenue of 2.18B. Therefore, the gross margin over that period was 19.8%.
ALB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported an operating income of 233.51M and revenue of 1.43B, resulting in an operating margin of 16.3%.
EMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eastman Chemical Company reported an operating income of 193.00M and revenue of 2.18B, resulting in an operating margin of 8.9%.
ALB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a net income of 277.40M and revenue of 1.43B, resulting in a net margin of 19.4%.
EMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eastman Chemical Company reported a net income of 107.00M and revenue of 2.18B, resulting in a net margin of 4.9%.
Frequently Asked Questions
ALB and EMN have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALB has higher volatility (15.31%) compared to EMN (9.33%). In terms of maximum drawdown, ALB dropped -83.90% vs EMN's -76.11%.
ALB currently has the higher Sharpe Ratio (2.79 vs 0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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