Albemarle Corp. vs Paychex, Inc. — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while Paychex, Inc. trades at $120.92 (market cap $43.14B). The key difference: Paychex, Inc. is far larger — about 2.8× Albemarle Corp.'s market cap, and Paychex, Inc. pays the higher dividend (3.92%). Which is the better fit depends on your goals.
| ALB | PAYX | |
|---|---|---|
Market Cap | $15.27B | $43.14B |
Sector | Basic Materials | Industrials |
52-Week High | $215.62 | $140.81 |
52-Week Low | $72.58 | $85.57 |
Enterprise Value | $17.75B | $46.63B |
Dividend Yield | 1.27% | 3.92% |
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 →Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, established in 1979, services over 730,000 clients and pays over 1 in 12 U.S. private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
Read more on PAYX →