NewMarket Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	418.75	462.41	388.86	279.54	190.91
Depreciation & Amortization	122.42	116.96	78.01	82.29	84.32
Loss (Gain) From Sale of Investments	-	-	-	2.98	7.44
Other Operating Activities	5.47	-36.45	-24.33	-51.54	-0.98
Change in Accounts Receivable	-10.65	36.15	31.59	-73.09	-53.99
Change in Inventory	32.77	-36.54	192.47	-166.56	-96.2
Change in Accounts Payable	16	-7.64	-59.18	35.53	60.41
Change in Income Taxes	0.52	6.95	-9.49	11.59	0.56
Change in Other Net Operating Assets	-16.32	-22.25	-21.12	-12.11	-27.14
Operating Cash Flow	568.97	519.59	576.82	108.62	165.34
Operating Cash Flow Growth	9.50%	-9.92%	431.05%	-34.30%	-41.82%
Capital Expenditures	-77.64	-57.32	-48.29	-56.17	-78.93
Cash Acquisitions	-213.45	-681.48	-	-	-
Investment in Securities	-	-	-	372.06	-382.48
Investing Cash Flow	-291.08	-738.8	-48.29	315.89	-461.41
Long-Term Debt Issued	211	327	-	213	543.05
Long-Term Debt Repaid	-300	-	-361	-350	-
Net Debt Issued (Repaid)	-89	327	-361	-137	543.05
Repurchase of Common Stock	-77.22	-31.91	-42.86	-207.47	-196.22
Common Dividends Paid	-105.93	-95.9	-85.03	-84.26	-85.91
Other Financing Activities	-6.99	-13.38	1.3	-10.62	-5.79
Financing Cash Flow	-279.14	185.81	-487.59	-439.36	255.13
Foreign Exchange Rate Adjustments	1.38	-1.06	2.29	0.26	-0.93
Net Cash Flow	0.12	-34.46	43.22	-14.59	-41.87
Free Cash Flow	491.33	462.27	528.53	52.45	86.4
Free Cash Flow Growth	6.29%	-12.54%	907.66%	-39.29%	-54.73%
Free Cash Flow Margin	18.03%	16.59%	19.59%	1.90%	3.67%
Free Cash Flow Per Share	52.35	48.38	55.15	5.23	8.03
Cash Interest Paid	38.84	55.91	36.64	40.53	30.47
Cash Income Tax Paid	133.09	119.53	132.93	88.87	67.92
Levered Free Cash Flow	409.96	406.95	472.01	104.35	67.55
Unlevered Free Cash Flow	434.77	442.8	495.35	126.35	88.93
Change in Working Capital	22.32	-23.33	134.28	-204.64	-116.36

Source: S&P Global Market Intelligence. Standard template. Financial Sources.