NewMarket Corporation (NEU)

NewMarket Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,779	2,787	2,698	2,765	2,356	2,011
Revenue Growth (YoY)	2.27%	3.27%	-2.40%	17.35%	17.16%	-8.19%
Cost of Revenue	1,871	1,900	1,926	2,124	1,808	1,416
Gross Profit	908.5	886.35	772.51	640.5	547.71	595.03
Selling, General & Admin	125.31	128.26	114.3	109.52	119.95	117.24
Research & Development	130.59	124.9	138	140.25	143.95	140.37
Operating Expenses	255.9	253.16	252.3	249.77	263.9	257.61
Operating Income	652.6	633.19	520.22	390.73	283.81	337.42
Interest Expense	-47.24	-57.37	-37.36	-35.2	-34.22	-26.33
Other Non Operating Income (Expenses)	9.85	9.28	6.11	-0.25	5.4	20.19
EBT Excluding Unusual Items	615.22	585.11	488.96	355.28	254.99	331.29
Merger & Restructuring Charges	-	-1	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-7.44	-
Other Unusual Items	-	-	-	-7.55	-	-
Pretax Income	615.22	584.11	488.96	347.73	247.55	331.29
Income Tax Expense	134.97	121.69	100.1	68.2	56.64	60.72
Net Income	480.25	462.41	388.86	279.54	190.91	270.57
Preferred Dividends & Other Adjustments	1.79	1.65	1.34	0.88	0.46	0.45
Net Income to Common	478.47	460.76	387.53	278.66	190.45	270.12
Net Income Growth	16.85%	18.91%	39.11%	46.43%	-29.44%	6.40%
Shares Outstanding (Basic)	9	10	10	10	11	11
Shares Outstanding (Diluted)	9	10	10	10	11	11
Shares Change (YoY)	-0.80%	-0.29%	-4.50%	-6.70%	-1.87%	-1.84%
EPS (Basic)	50.47	48.22	40.44	27.77	17.71	24.64
EPS (Diluted)	50.47	48.22	40.44	27.77	17.71	24.64
EPS Growth	17.77%	19.25%	45.63%	56.83%	-28.15%	8.40%
Free Cash Flow	525.1	462.27	528.53	52.45	86.4	190.84
Free Cash Flow Per Share	55.38	48.38	55.15	5.23	8.03	17.41
Dividend Per Share	10.500	10.000	8.850	8.400	8.000	7.600
Dividend Growth	10.53%	12.99%	5.36%	5.00%	5.26%	4.11%
Gross Margin	32.69%	31.81%	28.63%	23.17%	23.25%	29.59%
Operating Margin	23.48%	22.72%	19.28%	14.13%	12.05%	16.78%
Profit Margin	17.22%	16.54%	14.36%	10.08%	8.08%	13.43%
Free Cash Flow Margin	18.89%	16.59%	19.59%	1.90%	3.67%	9.49%
EBITDA	771.7	750.15	598.23	473.01	368.13	421.43
EBITDA Margin	27.77%	26.92%	22.17%	17.11%	15.62%	20.96%
D&A For EBITDA	119.1	116.96	78.01	82.29	84.32	84
EBIT	652.6	633.19	520.22	390.73	283.81	337.42
EBIT Margin	23.48%	22.72%	19.28%	14.13%	12.05%	16.78%
Effective Tax Rate	21.94%	20.83%	20.47%	19.61%	22.88%	18.33%

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q