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NE

NewMarket Corporation

NEUBasic MaterialsNASDAQ

Specialty Chemicals · Last scanned May 29, 2026

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Financials · Annual
Revenue
$2.73B
-2.2% YoY
Net Income
$418.7M
-9.4% YoY
EBITDA
$722.7M
-4.7% YoY
Free Cash Flow
$414.1M

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About NewMarket Corporation

Part of the basic materials sector, NewMarket Corporation (NEU) is listed under Specialty Chemicals. Valued at $7.12B, NEU is a mid-cap name in its sector. It offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, greases, industrial gear fluids, and industrial specialty applications comprising turbine oils.

Key stats
Market Cap$7.12B
P/E (TTM)17.67
Fwd P/E29.96
EPS$43.78
Beta0.54
52W Change+20.2%
Dividend Yield1.52%
ROE25.3%
Analysis

NewMarket Corporation carries $1.02B in total debt against $73.2M in cash reserves — debt is roughly 13.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $414.1M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 25.3% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 10.8% further supports the picture of efficient asset utilization. Revenue has been relatively flat, moving from $2.76B (2022) to $2.73B (2025).

NEU's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. NewMarket Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for NewMarket Corporation and its sector.

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