Basic Materials · Chemicals - Specialty
Price
$792.82
Market Cap
$7.3B
Employees
2,060
Beta
0.58
Avg Volume
109,247
CEO
Thomas E. Gottwald
Business Description
NewMarket Corporation, through its various subsidiaries, operates primarily in the specialty chemicals sector, specializing in the creation and supply of petroleum additives. The company furnishes an extensive selection of lubricant additives that are vital for optimizing performance across a wide array of automotive and industrial machinery. These formulations cater to diverse applications, including engine oils (used in passenger cars, motorcycles, heavy-duty commercial vehicles, locomotives, and marine engines), driveline systems (such as transmission and axle fluids, and lubricants for off-road powertrains), and a variety of industrial fluids (like hydraulic fluids, greases, industrial gear lubricants, and specialized turbine oils). Essentially, these additives are engineered to enhance components wherever metal surfaces engage in motion. Additionally, NewMarket engineers fuel additives that contribute to the efficiency of the oil refining process and notably improve the properties and performance of different fuels, including gasoline, diesel, and biofuels. These essential products are distributed to a broad spectrum of clients, encompassing industrial enterprises, governmental entities, original equipment manufacturers, and individual end-users. Beyond its core additive offerings, the corporation is also involved in producing antiknock compounds, delivering contract manufacturing services, and owns and oversees a real estate holding located in Virginia. Founded in 1887, NewMarket Corporation is headquartered in Richmond, Virginia, and maintains a significant global footprint with operations spanning North America, Latin America, the Asia Pacific region, Europe, the Middle East, Africa, and India.
Business History
Price Overview
Last updated: Jun 27, 2026 9:01am (just now)$792.82
-8.22 (-1.03%)
Day Range
$780.05 – $794.70
52-Week Range
$580.03 – $875.97
50-Day MA
$733.55
200-Day MA
$719.53
Volume
75,896.00
Share Structure
Outstanding
9,198,019.00
Float
7,614,120.00
Free Float
82.8%
High free float
— 82.8% of shares trade freely, ~17.2% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Small absolute float (7.6M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
18.13
Stock Price: $792.82
EPS (Diluted): 44.44
EPS (Diluted): 44.44
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.63
Stock Price: $792.82
Total Equity: $1.78B
Shares: 9,386,000
Total Equity: $1.78B
Shares: 9,386,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
11.59
Market Cap: $7.29B
Total Debt: $899.60M
Cash: $77.60M
EBITDA: $722.68M
Total Debt: $899.60M
Cash: $77.60M
EBITDA: $722.68M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$7.3B
Market Cap: $7.29B
Total Debt: $899.60M
Cash: $77.60M
Total Debt: $899.60M
Cash: $77.60M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
31.5%
Gross Profit: $857.40M
Revenue: $2.73B
Revenue: $2.73B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
20.0%
Operating Income: $543.73M
Revenue: $2.73B
Revenue: $2.73B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
15.4%
Net Income: $418.75M
Revenue: $2.73B
Revenue: $2.73B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
24.1%
Net Income: $418.75M
Total Equity: $1.78B
Total Equity: $1.78B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
12.7%
Operating Income: $543.73M
Tax Rate: 25.3%
Equity: $1.78B
Total Debt: $899.60M
Cash: $77.60M
Tax Rate: 25.3%
Equity: $1.78B
Total Debt: $899.60M
Cash: $77.60M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
2.53
Current Assets: $1.06B
Current Liabilities: $419.28M
Current Liabilities: $419.28M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.51
Short-Term Debt: $16.21M
Long-Term Debt: $883.39M
Total Debt: $899.60M
Total Equity: $1.78B
Long-Term Debt: $883.39M
Total Debt: $899.60M
Total Equity: $1.78B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$290.34
Revenue: $2.73B
Shares: 9,386,000
Shares: 9,386,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$189.46
Total Equity: $1.78B
Shares: 9,386,000
Shares: 9,386,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$52.35
Operating CF: $568.97M
CapEx: -$77.64M
Shares: 9,386,000
CapEx: -$77.64M
Shares: 9,386,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.6%
Last Dividend: N/A
Stock Price: $792.82
Stock Price: $792.82
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $418.75M
Net Income: $418.75M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares NEU against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:58pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.8B | $2.7B | $2.8B | $2.7B |
| Cost of Revenue | $1.8B | $2.1B | $1.9B | $1.9B | $1.9B |
| Gross Profit | $547.7M | $640.5M | $772.5M | $886.3M | $857.4M |
| Operating Expenses | $289.9M | $285.4M | $289.5M | $296.3M | $313.7M |
| Operating Income | $257.8M | $355.1M | $483.0M | $590.0M | $543.7M |
| Net Income | $190.9M | $279.5M | $388.9M | $462.4M | $418.7M |
| EBITDA | $401.1M | $465.2M | $604.3M | $758.4M | $722.7M |
| EPS | $17.71 | $27.77 | $40.44 | $48.22 | $44.44 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:58pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $83.3M | $68.7M | $111.9M | $77.5M | $77.6M |
| Total Current Assets | $1.4B | $1.2B | $1.0B | $1.0B | $1.1B |
| Total Assets | $2.6B | $2.4B | $2.3B | $3.1B | $3.5B |
| Current Liabilities | $725.1M | $423.9M | $364.2M | $374.5M | $419.3M |
| Long-Term Debt | $789.9M | $1.0B | $643.6M | $971.3M | $883.4M |
| Total Liabilities | $1.8B | $1.6B | $1.2B | $1.7B | $1.7B |
| Total Equity | $762.1M | $762.4M | $1.1B | $1.5B | $1.8B |
| Retained Earnings | $844.4M | $834.4M | $1.1B | $1.4B | $1.7B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:58pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $165.3M | $108.6M | $576.8M | $519.6M | $569.0M |
| Capital Expenditure | -$78.9M | -$56.2M | -$48.3M | -$57.3M | -$77.6M |
| Free Cash Flow | $86.4M | $52.5M | $528.5M | $462.3M | $491.3M |
| Acquisitions (net) | $0 | $0 | $0 | -$681.5M | -$213.4M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$196.2M | -$207.5M | -$42.9M | -$31.9M | -$77.2M |
| Net Change in Cash | -$41.9M | -$14.6M | $43.2M | -$34.5M | $122,000 |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:01am (just now)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue |
$2.5B $2.5B – $2.5B
|
$2.3B $2.3B – $2.3B
|
$2.5B $2.5B – $2.5B
|
$2.5B $2.5B – $2.5B
|
| EBITDA |
$696.5M $557.2M – $835.8M
|
$908.2M $908.2M – $908.2M
|
$961.4M $961.4M – $961.4M
|
$966.1M $966.1M – $966.1M
|
| Net Income |
$316.5M $253.2M – $379.7M
|
$0 | $0 | $0 |
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:58pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +17.3% | -2.4% | +3.3% | -2.2% |
| Gross Profit Growth | +16.9% | +20.6% | +14.7% | -3.3% |
| Operating Income Growth | +37.8% | +36.0% | +22.1% | -7.8% |
| Net Income Growth | +46.4% | +39.1% | +18.9% | -9.4% |
| EBITDA Growth | +16.0% | +29.9% | +25.5% | -4.7% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-04 | GOTTWALD THOMAS E | G-Gift | 1,500.00 | $0.00 | $0 |
| 2026-02-24 | Xu Ting | P-Purchase | 400.00 | $619.21 | $247,684 |
| 2026-02-18 | RIDLEHOOVER SUSAN M | 0.00 | $0.00 | $0 | |
| 2026-02-19 | FITZGERALD TIMOTHY K | F-InKind | 34.00 | $607.04 | $20,639 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 60.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 1,320.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 60.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 120.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 120.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 150.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 120.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 150.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 180.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 180.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 180.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 180.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 120.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 180.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD THOMAS E | G-Gift | 180.00 | $0.00 | $0 |
| 2026-02-18 | GOTTWALD BRUCE C | G-Gift | 3,000.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:58pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-15 | $3.00 | 2026-04-23 | 2026-06-15 | 2026-07-01 |
| 2026-03-16 | $3.00 | 2026-02-26 | 2026-03-16 | 2026-04-01 |
| 2025-12-15 | $3.00 | 2025-10-30 | 2025-12-15 | 2026-01-02 |
| 2025-09-15 | $2.75 | 2025-08-07 | 2025-09-15 | 2025-10-01 |
| 2025-06-16 | $2.75 | 2025-04-24 | 2025-06-16 | 2025-07-01 |
| 2025-03-17 | $2.75 | 2025-02-27 | 2025-03-17 | 2025-04-01 |
| 2024-12-16 | $2.50 | 2024-10-24 | 2024-12-16 | 2025-01-02 |
| 2024-09-16 | $2.50 | 2024-08-08 | 2024-09-16 | 2024-10-01 |
| 2024-06-14 | $2.50 | 2024-04-25 | 2024-06-14 | 2024-07-01 |
| 2024-03-14 | $2.50 | 2024-02-22 | 2024-03-15 | 2024-04-01 |
| 2023-12-14 | $2.25 | 2023-10-26 | 2023-12-15 | 2024-01-02 |
| 2023-09-14 | $2.25 | 2023-08-03 | 2023-09-15 | 2023-10-02 |
| 2023-06-14 | $2.25 | 2023-04-27 | 2023-06-15 | 2023-07-03 |
| 2023-03-14 | $2.10 | 2023-02-23 | 2023-03-15 | 2023-04-03 |
| 2022-12-14 | $2.10 | 2022-10-27 | 2022-12-15 | 2023-01-03 |
| 2022-09-14 | $2.10 | 2022-08-04 | 2022-09-15 | 2022-10-03 |
| 2022-06-14 | $2.10 | 2022-04-28 | 2022-06-15 | 2022-07-01 |
| 2022-03-14 | $2.10 | 2022-02-24 | 2022-03-15 | 2022-04-01 |
| 2021-12-14 | $2.10 | 2021-10-28 | 2021-12-15 | 2022-01-03 |
| 2021-09-14 | $2.10 | 2021-08-05 | 2021-09-15 | 2021-10-01 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for NEU — it's generated by the pipeline (
market-narrative step).
No community reviews yet for NEU.
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30