Saturday 17 October 2026
Export NEU’s income statement to Excel — free account
NewMarket Corporation
NEU Basic Materials Specialty Chemicals
NewMarket Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, down 2.20% from fiscal 2024. In the quarter to June 2026, revenue grew 6.96%, EPS grew 22.8%, free cash flow fell 6.94% and total debt rose 1.54%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.
876.01
11.81
−1.33%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
20.88 | 25.12 | 20.23 | 21.39 | 16.18 | 19.49 | 11.59 | 13.55 | 10.96 | 15.47 |
Piotroski F-Score |
6 | 4 | 5 | 7 | 7 | 3 | 6 | 9 | 6 | 5 |
P/S ratio |
2.47 | 2.17 | 2.07 | 2.48 | 2.17 | 1.56 | 1.17 | 1.95 | 1.81 | 2.37 |
Altman Z-Score |
6.61 | 5.42 | 5.21 | 5.45 | 4.84 | 3.26 | 3.64 | 5.42 | 4.22 | 4.44 |
Altman Z″-Score (non-manufacturers) |
6.27 | 5.24 | 4.97 | 5.24 | 5.32 | 3.90 | 4.70 | 5.79 | 5.05 | 4.90 |
P/FCF ratio |
24.09 | 50.73 | 38.49 | 19.56 | 20.71 | 42.66 | 61.81 | 9.93 | 10.92 | 13.13 |
Beneish M-Score |
(2.94) | (1.85) | (2.38) | (2.48) | (2.50) | (2.20) | (1.90) | (2.86) | (2.47) | (2.55) |
P/Operating CF |
53.99 | 73.37 | 49.04 | 52.25 | 64.36 | 181.43 | 34.99 | 30.58 | 27.25 | 44.44 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 89 |
P/B ratio |
10.49 | 7.93 | 9.69 | 7.95 | 5.75 | 4.84 | 4.25 | 4.87 | 3.45 | 3.63 |
Price to Tangible BV |
10.73 | 10.44 | 13.41 | 9.86 | 6.93 | 5.81 | 5.09 | 5.51 | 7.10 | 7.71 |
EV/Sales |
2.63 | 2.41 | 2.38 | 2.72 | 2.41 | 1.85 | 1.64 | 2.27 | 2.26 | 2.79 |
EV/EBITDA |
13.48 | 14.00 | 14.94 | 14.00 | 12.27 | 12.76 | 10.35 | 10.93 | 8.90 | 11.42 |
EV/Operating CF |
15.24 | 21.79 | 27.50 | 17.64 | 17.09 | 26.41 | 41.67 | 10.63 | 12.11 | 13.37 |
EV/FCF |
25.58 | 56.24 | 44.16 | 21.41 | 23.03 | 50.54 | 86.30 | 11.60 | 13.61 | 15.48 |
Quick Ratio |
1.69 | 1.32 | 1.43 | 1.55 | 1.48 | 1.17 | 1.23 | 1.49 | 1.26 | 1.19 |
Current Ratio |
2.84 | 2.63 | 3.00 | 2.85 | 2.87 | 1.91 | 2.81 | 2.85 | 2.75 | 2.53 |
Net Debt/EBITDA |
0.79 | 1.37 | 1.92 | 1.21 | 1.24 | 1.99 | 2.14 | 0.95 | 1.26 | 1.21 |
Debt/Assets |
35.81% | 35.21% | 45.43% | 35.01% | 31.79% | 44.53% | 41.70% | 27.88% | 31.04% | 25.29% |
Debt/Equity |
1.05 | 1.00 | 1.57 | 0.97 | 0.81 | 1.49 | 1.32 | 0.60 | 0.66 | 0.50 |
Asset Turnover |
1.52 | 1.41 | 1.34 | 1.22 | 1.05 | 1.05 | 1.11 | 1.14 | 1.02 | 0.82 |
Operating CF/Net income |
1.45 | 1.27 | 0.84 | 1.33 | 1.05 | 0.87 | 0.39 | 1.49 | 1.13 | 1.36 |
Capex/Depreciation |
(3.18) | (2.69) | (1.04) | (0.68) | (0.87) | (0.94) | (0.68) | (0.62) | (0.49) | (0.63) |
Interest Coverage |
21.14 | 14.77 | 10.95 | 11.54 | 11.84 | 7.53 | 10.09 | 12.93 | 10.29 | 13.70 |
| 55.80% | 35.12% | 42.92% | 43.28% | 37.44% | 25.03% | 36.56% | 42.13% | 36.30% | 25.75% | |
| 17.98% | 12.18% | 13.74% | 14.17% | 14.15% | 8.48% | 11.22% | 16.44% | 16.94% | 12.60% | |
ROIC |
27.77% | 18.00% | 15.40% | 17.59% | 15.60% | 11.17% | 13.08% | 18.77% | 15.66% | 13.15% |
Return on Tangible Assets |
23.23% | 16.29% | 19.75% | 21.05% | 21.60% | 14.21% | 19.51% | 29.13% | 33.14% | 29.46% |
Average Days of Receivables |
54.66 | 55.67 | 50.19 | 55.96 | 61.06 | 60.69 | 59.90 | 58.48 | 51.80 | 56.53 |
Research and Development Expense of Revenue |
7.85% | 6.64% | 6.13% | 6.60% | 6.98% | 6.11% | 5.07% | 5.11% | 4.48% | 4.85% |
Selling, General and Administrative Expense of Revenue |
7.89% | 7.63% | 6.66% | 6.76% | 7.10% | 6.20% | 5.25% | 5.61% | 6.15% | 6.66% |
Intangible Assets out of Total Assets |
0.01 | 0.08 | 0.08 | 0.07 | 0.07 | 0.05 | 0.05 | 0.05 | 0.24 | 0.27 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.02) | (0.06) | (0.08) | (0.06) | (0.06) | (0.11) | (0.14) | (0.04) | (0.13) | (0.10) |
Graham Number |
137.41 | 135.64 | 139.64 | 176.92 | 195.92 | 167.41 | 218.27 | 319.75 | 407.34 | 435.15 |
Earnings Yield |
4.79% | 3.98% | 4.94% | 4.67% | 6.18% | 5.13% | 8.63% | 7.38% | 9.12% | 6.46% |
Free Cash Flow Yield |
4.15% | 1.97% | 2.60% | 5.11% | 4.83% | 2.34% | 1.62% | 10.07% | 9.16% | 7.62% |
Revenue per Share |
173.27 | 185.93 | 198.84 | 196.16 | 183.46 | 219.05 | 275.52 | 281.58 | 291.63 | 290.34 |
Operating CF per Share |
29.88 | 20.53 | 17.19 | 30.20 | 25.92 | 15.37 | 10.82 | 60.19 | 54.38 | 60.62 |
Capex per Share |
(12.08) | (12.58) | (6.48) | (5.32) | (6.69) | (7.34) | (5.60) | (5.04) | (6.00) | (8.27) |
Free Cash Flow per Share |
17.80 | 7.96 | 10.71 | 24.88 | 19.24 | 8.03 | 5.23 | 55.15 | 48.38 | 52.35 |
Cash per Share |
16.25 | 7.12 | 6.34 | 12.93 | 11.42 | 42.69 | 6.85 | 11.68 | 8.11 | 8.27 |
Shareholders Equity per Share |
40.86 | 50.88 | 42.55 | 61.18 | 69.32 | 70.86 | 75.97 | 112.39 | 152.97 | 189.46 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
40.86 | 50.88 | 42.55 | 61.18 | 69.32 | 70.86 | 75.97 | 112.39 | 152.97 | 189.46 |
Free Cash Flow |
210.56 | 94.08 | 123.27 | 277.78 | 210.84 | 86.40 | 52.45 | 528.53 | 462.27 | 491.33 |
Working Capital |
542.29 | 516.86 | 542.12 | 570.50 | 585.62 | 663.09 | 768.24 | 675.41 | 655.08 | 640.43 |
Capital Expenditures |
(142.87) | (148.71) | (74.64) | (59.43) | (73.32) | (78.93) | (56.17) | (48.29) | (57.32) | (77.64) |
Net Current Asset Value |
(96.30) | (276.85) | (393.95) | (322.64) | (275.97) | (408.13) | (452.29) | (192.24) | (638.40) | (654.51) |
EV/EBIT |
15.18 | 16.40 | 18.60 | 17.63 | 15.57 | 16.94 | 12.75 | 12.69 | 10.66 | 13.99 |
Capex to Sales |
0.07 | 0.07 | 0.03 | 0.03 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 |
Price to Operating Income |
14.30 | 14.79 | 16.21 | 16.10 | 14.00 | 14.30 | 9.13 | 10.87 | 8.56 | 11.86 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.09 | 0.08 | 0.11 | 0.14 | 0.13 | 0.12 | 0.12 | 0.12 | 0.16 | 0.16 |
Cash ROIC |
17.80% | 7.30% | 9.24% | 18.67% | 14.06% | 3.66% | 2.86% | 28.84% | 18.41% | 17.94% |
Accounts Receivable Turnover |
6.89 | 6.85 | 7.04 | 6.73 | 5.98 | 6.47 | 6.54 | 6.09 | 6.73 | 6.67 |
Accounts Payable Turnover |
10.14 | 10.37 | 10.96 | 9.45 | 7.68 | 8.29 | 8.18 | 7.64 | 8.32 | 8.05 |
Inventory Turnover |
4.14 | 4.50 | 4.37 | 4.09 | 3.69 | 4.02 | 3.76 | 3.54 | 3.95 | 3.71 |
Average Days of Payables |
37.73 | 37.25 | 32.47 | 41.82 | 48.96 | 49.67 | 46.96 | 43.81 | 43.39 | 46.59 |
Days of Inventory on Hand |
82.86 | 89.52 | 84.88 | 85.60 | 103.38 | 100.62 | 108.48 | 86.47 | 97.08 | 98.15 |
Average Receivables |
297.44 | 321.12 | 325.09 | 325.34 | 336.11 | 364.09 | 422.74 | 443.02 | 413.90 | 408.77 |
Average Payables |
135.31 | 150.64 | 155.52 | 165.20 | 184.36 | 218.02 | 259.69 | 252.21 | 228.51 | 232.13 |
Average Inventory |
331.57 | 347.30 | 389.72 | 381.14 | 383.48 | 449.79 | 564.96 | 543.81 | 480.83 | 503.84 |
Average Assets |
1,351.34 | 1,564.30 | 1,704.71 | 1,791.20 | 1,909.50 | 2,246.16 | 2,482.63 | 2,357.84 | 2,719.21 | 3,311.00 |
Average Common Equity |
435.41 | 542.45 | 545.78 | 586.50 | 721.46 | 760.98 | 762.27 | 919.73 | 1,269.32 | 1,619.91 |
Columns are period end dates