Albemarle Corp. vs Enovix Corporation — how do they compare? Albemarle Corp. trades at $132 (market cap $15.27B), while Enovix Corporation trades at $4.89 (market cap $1.06B). The key difference: Albemarle Corp. is far larger — about 14.4× Enovix Corporation's market cap, and Albemarle Corp. pays a 1.27% dividend while Enovix Corporation pays none. Which is the better fit depends on your goals.
| ALB | ENVX | |
|---|---|---|
Market Cap | $15.27B | $1.06B |
Sector | Basic Materials | Technology |
52-Week High | $215.62 | $13.19 |
52-Week Low | $72.58 | $3.68 |
Enterprise Value | $17.75B | $1.07B |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →Enovix designs and manufactures advanced silicon-anode lithium-ion batteries. Its technology aims to provide high energy density and improved performance for mobile devices and consumer electronics.
Read more on ENVX →