What is Albemarle's corporate — income tax expense (benefit)?

Albemarle (ALB) reported corporate — income tax expense (benefit) of $196.94M in Q3 2022.

What does corporate — income tax expense (benefit) mean?

The tax expense or benefit attributed to corporate-level activities.

Discontinued — last reported Q3 '22

Albemarle Corporate — Income tax expense (benefit) increased by 121.2% to $196.94M in Q3 2022 compared to the prior quarter.

StatementSegment

CategoryProfitability

SignalContext dependent

VolatilityModerate

First reportedQ1 2020

Last reportedQ3 2022

Rolls up toIncome Tax

Changes reflect shifts in tax strategy, effective tax rates, or corporate-level profitability.

This represents the income tax provision or benefit allocated to the corporate segment. It reflects the tax impact of co...

Standard tax allocation found in segment reporting for multinational corporations.

Metric ID: alb_segment_corporate_income_tax_expense_benefit

4 periods

	Q2 '21	Q1 '22	Q2 '22	Q3 '22
Value	$106.99M	$80.53M	$89.02M	$196.94M
QoQ Change	—	-24.7%	+10.5%	+121.2%
YoY Change	—	—	-16.8%	—

Range$80.53M – $196.94M

Avg YoY Growth-16.8%

Median YoY Growth-16.8%

Current Streak2 quarters growth

What is Albemarle's corporate — income tax expense (benefit)?: Albemarle (ALB) reported corporate — income tax expense (benefit) of $196.94M in Q3 2022.
What does corporate — income tax expense (benefit) mean?: The tax expense or benefit attributed to corporate-level activities.