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Newmarket Corp. (NEU)

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Newmarket Corp. (NEU) reported revenue of $747 million for Q2 FY2026, the quarter ended 30 June 2026, up 7.0% on the same quarter a year earlier. Net income was $134 million, up 20.2% on the year, and diluted earnings per share $14.54. The figures are the company's own, from the 10-Q it filed with the SEC on 30 July 2026.

Revenue$747 millionup 7.0%
Net income$134 millionup 20.2%
Diluted EPS$14.54
QuarterQ2 FY2026ended 30 June 2026

Newmarket (NEU) in brief

Newmarket (NEU) reported revenue of $2.7 billion for fiscal 2025, the year ended 31 December 2025, down 2.2% on the year before.
Read moreNet income was $419 million and diluted earnings per share $44.44. Revenue was $2.8 billion in fiscal 2024, $2.7 billion in fiscal 2023, $2.8 billion in fiscal 2022 and $2.4 billion in fiscal 2021. Net income in the same years was $462 million, $389 million, $280 million and $191 million. Over the twelve months to 30 June 2026, Newmarket reported revenue of $2.7 billion and net income of $433 million. Revenue grew 6.3% a year, compounded, over the five years to fiscal 2025. Newmarket declared $11.25 a share in dividends over the last four quarters and had 9 million shares outstanding at the latest filed count. At 30 June 2026 it carried $855 million of debt and $94 million of cash. At the close of 8 October 2026 the market cap of Newmarket was $8.3 billion, 19.4 times its earnings over the last twelve months.

Ratios

From the filings

ROE23.6%
ROCE20.3%
Operating margin20.0%
Net margin15.8%
FCF margin16.9%
Interest cover15.28
Debt to equity0.47
Cash conversion1.32
Share count, 1 year-2.1%
Sales CAGR, 3 years-0.5%
Profit CAGR, 3 years14.4%
EPS, TTM$46.48

At the close of 8 October 2026

Price$903.63
Market cap$8.3 billion
Stock P/E19.44
Price to book4.52
EV / EBITDA13.41
Dividend yield1.2%
Market cap / sales3.03
52-week high$961.92
52-week low$584.66
Price, 1 year3.5%
Price CAGR, 3 years25.7%
Price CAGR, 5 years20.6%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as Newmarket Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
NEUgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on NEU

Filings20 in twelve months: 12 current reports (8-K), about 4 other events; 4 results of operations; 4 officer or director change; 1 shareholder vote
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.11 by open interest at the 8 October 2026 close; the straddle prices a 3.3% move to 16 October 2026
13F holders8 of the followed funds hold it; largest Geode Capital Management; 2 Schedule 13D or 13G filings in twelve months
Insider trading0 sales and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest553,989 shares short, 4.77 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue667643697710725655701699690635670747
Cost of revenue465466480492481447465478481445449505
Gross profit202177216218244208236221210191221242
Gross margin30%28%31%31%34%32%34%32%30%30%33%32%
R&D31.939.031.228.732.232.833.232.435.031.531.630.4
SG&A37.436.844.442.842.142.143.045.443.949.246.048.4
Operating income132101141147170133160143131110143164
Operating margin20%16%20%21%23%20%23%20%19%17%21%22%
Interest expense9.27.115.715.914.211.610.710.78.49.98.88.8
Pre-tax income134105138143169134164148136113152170
Tax rate17%23%22%22%22%18%23%25%26%28%22%21%
Net income11180.410811213211112611110081.3118134
Net margin17%12%15%16%18%17%18%16%15%13%18%18%
Diluted EPS$11.60$8.38$11.23$11.63$13.79$11.56$13.26$11.84$10.67$8.65$12.62$14.54
Operating cash flow143172103115117185120161142145124162
Capital expenditure8.813.513.618.917.314.613.021.630.128.024.427.4
Free cash flow13415889.396.099.217110714011211799.7135
Buybacks0.00.00.00.00.031.957.120.20.00.01260.9
Dividends paid21.621.624.024.024.023.926.125.825.828.228.027.6
Shares outstanding10m10m10m10m10m10m9m9m9m9m9m9m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue2,3352,1412,0492,1982,2902,1902,0112,3562,7652,6982,7872,7252,743
Cost of revenue1,6701,4621,3721,5621,7041,5601,4161,8082,1241,9261,9001,8681,879
Gross profit665679677636585630595548640773886857864
Gross margin28.5%31.7%33.0%28.9%25.6%28.8%29.6%23.2%23.2%28.6%31.8%31.5%31.5%
Research and development139158161146140144140144140138125132129
Selling, general and administrative164164162168152148143146145151171182188
Operating income363357355323293337312258355483590544548
Operating margin15.5%16.7%17.3%14.7%12.8%15.4%15.5%10.9%12.8%17.9%21.2%20.0%20.0%
Interest expense16.614.716.821.926.729.226.334.235.237.457.439.735.8
Pre-tax income339339343315290332331248348489584561571
Income tax10610099.812555.677.360.756.668.2100122142137
Effective tax rate31.2%29.6%29.1%39.6%19.1%23.3%18.3%22.9%19.6%20.5%20.8%25.3%24.1%
Net income233239243191235254271191280389462419433
Net margin10.0%11.1%11.9%8.7%10.3%11.6%13.5%8.1%10.1%14.4%16.6%15.4%15.8%
Diluted EPS$18.38$19.45$20.54$16.08$20.34$22.73$24.64$17.71$27.77$40.44$48.22$44.44$46.48
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
Petroleum Additives2,6902,6362,53493.0%
Specialty Materials0.01411826.7%
All Other8.79.19.10.3%
Petroleum AdditivesSpecialty MaterialsAll Other
2,698FY20232,787FY20242,725FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2023FY2024FY2025Share
latest year
United States9731,0961,06739.2%
Europe, Middle East, Africa, India79278781930.0%
Asia Pacific58357351819.0%
Other foreign35133132111.8%
United StatesEurope, Middle East, Africa, IndiaAsia PacificOther foreign
2,698FY20232,787FY20242,725FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow235268353243198337284165109577520569574
Capital expenditure59.712614314974.659.493.378.956.248.357.377.6110
Free cash flow17514221194.112327819186.452.5529462491464
Free cash flow margin7.5%6.6%10.3%4.3%5.4%12.7%9.5%3.7%1.9%19.6%16.6%18.0%16.9%
Cash from investing-66.6-130-143-335-60.0-59.4-74.2-461316-48.3-739-291-312
Cash from financing-295-135-103-19.0-145-208-231255-439-488186-279-230
Depreciation and amortisation41.542.344.955.371.887.684.084.382.378.0117122129
Buybacks24919535.826.02320.010119620742.931.977.2126
Dividends paid59.470.875.882.980.481.783.485.984.385.095.9106110
Dividend per share$4.70$5.80$6.40$7.00$7.00$7.30$7.60$8.00$8.40$8.85$10.00$11.25n/a
Diluted shares, weightedn/an/an/an/an/an/a11m11m10m10m10m9m9m
Shares outstanding at period end12m12m12m12m11m11m11m10m10m10m10m9m9m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity4213884836024906837607627621,0771,4621,7781,838
Debt3644915035977666435991,1391,004644971883855
Operating lease liabilitiesn/an/an/an/a0.046.848.352.647.055.154.862.067.1
Finance lease liabilitiesn/an/an/an/a0.011.110.125.022.419.817.715.1n/a
Other liabilities447408431513442501517579571513624754861
Total liabilities and equity1,2321,2861,4161,7121,6971,8851,9342,5582,4072,3093,1303,4923,621
Owned
Fixed assets308402504652644635665677660655735775792
Investmentsn/an/an/an/an/an/a0.03760.0n/an/an/an/a
Cash and equivalents10393.419284.273.014412583.368.711277.577.693.6
Receivables303288307335315336336392454432395422481
Inventory348352312383396366401499631456505502524
Other assets1701511022572694044065325936541,4161,7151,731
Total assets1,2321,2861,4161,7121,6971,8851,9342,5582,4072,3093,1303,4923,621
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded2.4%6.3%-0.5%-1.3%
Profit growth, compounded5.8%9.1%14.4%-9.8%
Return on equity, average35.6%30.6%30.4%23.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Chemicals

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
International Flavors & Fragrances Inc. IFF$21.6 billionn/an/a7.6%-11.7%0.341.9%
LyondellBasell Industries N.V. LYB$19.5 billionn/an/an/an/a1.056.8%
CF Industries Holdings, Inc. CF$17.2 billion8.4236.5%41.1%20.0%0.561.8%
RPM International Inc. RPM$12.7 billion18.4119.8%n/a6.0%0.571.3%
Albemarle Corp. ALB$12.0 billion392.692.2%4.3%18.3%0.181.6%
Solstice Advanced Materials Inc. SOLS$9.6 billionn/a13.2%n/an/a1.24n/a
Newmarket Corp. NEU$8.3 billion19.4423.6%20.0%-1.3%0.471.2%
Westlake Corp. WLK$8.0 billionn/a-14.2%-11.0%-4.0%0.583.4%
Axalta Coating Systems Ltd. AXTA$7.0 billion20.2513.8%13.2%-0.9%1.01n/a
Hexcel Corp. HXL$6.4 billion42.7811.8%11.5%5.4%0.7483.3%
Mosaic Co. MOS$6.3 billionn/a-5.6%-1.4%8.8%0.424.5%
Cabot Corp. CBT$3.9 billion21.2411.8%13.6%-4.7%0.522.3%
All 21 in Chemicals
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Linde plc LIN$222.1 billion31.0818.5%26.5%6.6%0.721.2%
Air Products & Chemicals, Inc. APD$62.0 billionn/a-0.3%-4.7%4.5%1.272.6%
Nutrien Ltd. NTR *$33.7 billion15.029.0%13.9%3.5%0.393.1%
PPG Industries Inc. PPG$23.5 billion15.1118.6%n/a5.0%0.812.6%
International Flavors & Fragrances Inc. IFF$21.6 billionn/an/a7.6%-11.7%0.341.9%
Dow Inc. DOW$20.6 billionn/a-8.1%n/a-1.2%1.087.3%
LyondellBasell Industries N.V. LYB$19.5 billionn/an/an/an/a1.056.8%
DuPont de Nemours, Inc. DD$17.9 billion294.400.4%n/a3.3%0.233.2%
CF Industries Holdings, Inc. CF$17.2 billion8.4236.5%41.1%20.0%0.561.8%
RPM International Inc. RPM$12.7 billion18.4119.8%n/a6.0%0.571.3%
Albemarle Corp. ALB$12.0 billion392.692.2%4.3%18.3%0.181.6%
Solstice Advanced Materials Inc. SOLS$9.6 billionn/a13.2%n/an/a1.24n/a
Newmarket Corp. NEU$8.3 billion19.4423.6%20.0%-1.3%0.471.2%
Westlake Corp. WLK$8.0 billionn/a-14.2%-11.0%-4.0%0.583.4%
Axalta Coating Systems Ltd. AXTA$7.0 billion20.2513.8%13.2%-0.9%1.01n/a
Hexcel Corp. HXL$6.4 billion42.7811.8%11.5%5.4%0.7483.3%
Mosaic Co. MOS$6.3 billionn/a-5.6%-1.4%8.8%0.424.5%
Cabot Corp. CBT$3.9 billion21.2411.8%13.6%-4.7%0.522.3%
Avient Corp. AVNT$3.8 billion22.157.0%9.5%2.4%0.772.6%
Scotts Miracle-Gro Co. SMG$2.9 billion43.85n/a11.8%-2.0%n/a5.2%
Olin Corp. OLN$1.8 billionn/a-11.5%-1.6%0.6%1.775.1%
3 companies share its SEC industry code (Industrial Organic Chemicals); the rest are the names nearest in size in its wider industry, Chemicals, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202630 July 2026EDGAR
10-Q31 March 202623 April 2026EDGAR
10-K31 December 202512 February 2026EDGAR
10-Q30 September 202531 October 2025EDGAR
10-Q30 June 202531 July 2025EDGAR
10-Q31 March 202524 April 2025EDGAR
10-K31 December 202414 February 2025EDGAR
10-Q30 September 202424 October 2024EDGAR
10-Q30 June 202430 July 2024EDGAR
10-Q31 March 202425 April 2024EDGAR

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