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NEU

NEU - NewMarket Corp Stock Price, Fair Value and News

632.67USD+13.48 (+2.18%)Market Closed
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Market Summary

USD632.67+13.48
Market Closed
2.18%

NEU Stock Price

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NEU RSI Chart

NEU Valuation

Market Cap

5.9B

Price/Earnings (Trailing)

15.27

Price/Sales (Trailing)

2.2

EV/EBITDA

10.93

Price/Free Cashflow

11.24

NEU Price/Sales (Trailing)

NEU Profitability

Operating Margin

41.26%

EBT Margin

18.12%

Return on Equity

36.1%

Return on Assets

16.84%

Free Cashflow Yield

8.9%

NEU Fundamentals

NEU Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-5.74%

Rev. Growth (Qtr)

-3.57%

NEU Earnings

Earnings (TTM)

388.9M

Earnings Growth (Yr)

-11.17%

Earnings Growth (Qtr)

-27.72%

Breaking Down NEU Revenue

Last 7 days

1.0%

Last 30 days

5.0%

Last 90 days

16.8%

Trailing 12 Months

72.7%

How does NEU drawdown profile look like?

NEU Financial Health

Current Ratio

2.85

Debt/Equity

0.72

Debt/Cashflow

0.74

NEU Investor Care

Dividend Yield

1.43%

Dividend/Share (TTM)

8.85

Buy Backs (1Y)

1.16%

Diluted EPS (TTM)

40.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.8B2.8B2.7B2.7B
20222.5B2.6B2.7B2.8B
20212.0B2.2B2.3B2.4B
20202.2B2.1B2.0B2.0B
20192.2B2.2B2.2B2.2B
20182.2B2.3B2.3B2.3B
20172.1B2.1B2.1B2.2B
20162.1B2.1B2.0B2.0B
20152.3B2.3B2.2B2.1B
20142.3B2.3B2.3B2.3B
20132.2B2.2B2.2B2.3B
20122.2B2.2B2.2B2.2B
20111.9B2.0B2.1B2.1B
20101.6B1.7B1.7B1.8B
20091.6B1.6B1.6B1.5B
20080001.6B

Tracking the Latest Insider Buys and Sells of NewMarket Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 13, 2023
gottwald thomas e
gifted
-
-
-1,900
chairman, president & ceo
Nov 28, 2023
gottwald thomas e
gifted
-
-
19,691
chairman, president & ceo
Nov 28, 2023
gottwald bruce c
gifted
-
-
-59,073
-
Nov 28, 2023
gottwald bruce c
gifted
-
-
-64.00
-
Oct 31, 2023
gottwald thomas e
gifted
-
-
-16,160
chairman, president & ceo
Jul 17, 2023
jewett bryce dickinson iii
sold (taxes)
-32,764
431
-76.00
vp and general counsel
Jul 03, 2023
harris h hiter iii
acquired
-
-
223
-
Jul 03, 2023
hanley patrick d
acquired
-
-
223
-
Jul 03, 2023
rogers james e
acquired
-
-
223
-
Jul 03, 2023
xu ting
acquired
-
-
223
-

1–10 of 50

Which funds bought or sold NEU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
1.99
271,203
1,485,200
0.01%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
1.05
322,000
1,846,000
-%
Feb 15, 2024
HANSEATIC MANAGEMENT SERVICES INC
added
1.1
8,807
50,216
0.09%
Feb 15, 2024
BARCLAYS PLC
added
46.42
1,693,000
3,931,000
-%
Feb 15, 2024
Baker Avenue Asset Management, LP
sold off
-100
-455
-
-%
Feb 15, 2024
JANE STREET GROUP, LLC
new
-
4,025,500
4,025,500
-%
Feb 15, 2024
Blue Edge Capital, LLC
reduced
-0.23
540,550
3,288,090
0.62%
Feb 15, 2024
Tidal Investments LLC
added
14.00
203,010
755,429
0.02%
Feb 15, 2024
Main Street Group, LTD
new
-
8,733
8,733
-%
Feb 15, 2024
State of Wyoming
sold off
-100
-112,850
-
-%

1–10 of 49

Are Funds Buying or Selling NEU?

Are funds buying NEU calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NEU
No. of Funds

Unveiling NewMarket Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
london co of virginia
6.90%
661,611
SC 13G/A
Feb 13, 2024
bank of america corp /de/
9.4%
899,434
SC 13G/A
Feb 13, 2024
vanguard group inc
7.53%
722,184
SC 13G/A
Jan 29, 2024
blackrock inc.
6.3%
607,456
SC 13G/A
Feb 14, 2023
bank of america corp /de/
9.4%
928,204
SC 13G/A
Feb 14, 2023
london co of virginia
6.85%
676,173
SC 13G/A
Feb 13, 2023
floyd d. gottwald, jr. living trust
1.0%
1e+05
SC 13G/A
Feb 09, 2023
vanguard group inc
7.16%
706,908
SC 13G/A
Feb 01, 2023
blackrock inc.
6.2%
614,717
SC 13G/A
May 23, 2022
floyd d. gottwald, jr. living trust
5.0%
5
SC 13G

Recent SEC filings of NewMarket Corp

View All Filings
Date Filed Form Type Document
Feb 22, 2024
8-K
Current Report
Feb 15, 2024
10-K
Annual Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Jan 31, 2024
8-K
Current Report
Jan 29, 2024
SC 13G/A
Major Ownership Report
Jan 25, 2024
8-K
Current Report
Jan 22, 2024
8-K
Current Report
Jan 08, 2024
4
Insider Trading

What is the Fair Value of NEU?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to NewMarket Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.7B
12.4B
-14.11% -21.18%
22.13
4.16
-3.54% 3.06%
39.8B
44.6B
3.95% -6.12%
60.29
0.89
-21.58% -85.78%
16.5B
7.0B
7.95% -0.92%
51.42
2.37
-7.26% -53.23%
16.3B
10.7B
2.50% 26.74%
8.01
1.52
11.66% 22.90%
14.2B
9.6B
-2.74% -54.22%
9
1.47
31.38% -41.50%
MID-CAP
10.2B
9.2B
-2.00% -1.98%
11.37
1.1
-12.95% 12.74%
5.0B
922.4M
5.94% 11.55%
46.16
5.43
-2.11% 3.01%
4.6B
3.9B
7.17% 10.37%
10.44
1.17
-9.12% 20.80%
3.6B
3.1B
3.87% 2.69%
47.04
1.14
-7.48% -89.19%
3.1B
3.1B
-6.19% 12.28%
6.73
0.99
-15.54% -65.21%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
742.3M
1.5B
11.20% -31.68%
13.59
0.48
-21.18% -68.22%
154.5M
370.4M
4.51% 20.53%
6.73
0.42
1.73% 194.09%
101.7M
21.4M
-5.88% -5.88%
12.11
4.76
-45.68% 139.98%
3.7M
268.2M
-87.55% -99.58%
-0.01
0.01
20.46% -590.95%

NewMarket Corp News

Latest updates
Investing.com Australia22 hours ago

NewMarket Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.6%643667685703683696724663577622591567528513411559534556563537538
Gross Profit-12.2%17720219619818014815715510713814116215116797.00181143163171153142
  S&GA Expenses-1.6%37.0037.0037.0040.0036.0035.0038.0036.0035.0040.0035.0037.0037.0035.0035.0036.0038.0038.0035.0037.0032.00
  R&D Expenses22.2%39.0032.0034.0033.0034.0034.0035.0036.0037.0035.0036.0036.0038.0033.0034.0036.0038.0036.0037.0033.0034.00
EBITDA Margin0.3%0.22*0.22*0.20*0.18*0.17*0.15*0.14*0.14*0.16*0.18*0.21*0.21*0.22*0.21*0.20*0.22*0.20*0.21*0.19*--
Interest Expenses-22.9%7.009.0010.0011.0010.008.007.009.0010.009.009.006.006.006.007.007.007.007.008.008.008.00
Income Taxes4.2%24.0023.0025.0028.0018.0017.0019.0014.0013.009.0015.0020.009.0022.005.0025.0017.0020.0023.0019.008.00
Earnings Before Taxes-22.2%10513412512510880.0086.0074.0030.0061.0067.0089.0076.0011827.0011067.0087.0097.0081.0071.00
EBT Margin0.7%0.18*0.18*0.16*0.14*0.13*0.10*0.10*0.09*0.11*0.13*0.16*0.15*0.16*0.16*0.14*0.16*0.15*0.15*0.14*--
Net Income-27.7%80.0011110098.0091.0063.0066.0059.0017.0052.0052.0070.0067.0096.0022.0086.0050.0068.0074.0062.0063.00
Net Income Margin-1.1%0.14*0.15*0.13*0.11*0.10*0.08*0.08*0.07*0.08*0.10*0.13*0.13*0.13*0.13*0.11*0.13*0.12*0.12*0.12*--
Free Cashflow18.0%15813413898.0077.00-21.002.00-5.835.0021.0031.0029.0035.0010210.0044.0082.0069.00119--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.8%2,3092,2902,3662,3512,4072,3372,3312,2822,5582,4372,4792,3991,9341,8801,7991,9341,8851,7711,7671,7981,697
  Current Assets-2.4%1,0401,0661,1401,1321,1921,1741,1611,1141,3881,3671,4231,352898854790931879827829856813
    Cash Equivalents9.1%11210313170.0069.0072.0079.0085.0083.0060.0015452212511810217914480.0073.0078.0073.00
  Inventory-9.4%456503537566631592530524499479458415401370355371366371376396396
  Net PPE0.7%655650656658660653663671677677680672665649639634635624630633644
Liabilities-6.6%1,2321,3181,4731,5291,6441,6691,6091,5211,7961,6641,6301,5891,1741,1571,1641,2941,2021,1421,1781,2601,207
  Current Liabilities9.6%364332349358424426447412725391372336312309234313309280283260271
  Long Term Debt-100.0%-7799169581,0041,009911841790992991990599609690741643640679782771
    LT Debt, Current---------349------------
    LT Debt, Non Current-17.4%6447799169581,0041,009911841790992991990599609690741643----
Shareholder's Equity10.8%1,077972893822762667721760762773849810760724635639683629589538490
  Retained Earnings5.7%1,0961,0379478838348168368458449451,012981932886812816844815768714671
Shares Outstanding0.0%10.0010.0010.0010.0010.0010.0010.0010.0010.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.00--
Float-------2,142---2,563---3,166---3,222--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations20.2%171,607142,826152,475109,91592,658-8,40417,5856,78120,31840,96454,68349,37167,834122,02329,83664,461103,96582,631131,48419,13296,766
Cashflow From Investing-53.6%-13,500-8,787-14,125-11,881-15,767-12,595-15,195359,447-15,851-23,407-401,629-20,524-33,183-45.00-20,909-20,106-22,302-13,913-12,866-10,353-19,468
Cashflow From Financing4.9%-152,054-159,811-78,678-97,051-83,21815,557-5,847-365,84919,386-110,338-23,357369,442-31,253-107,570-86,746-5,894-19,500-60,892-123,567-4,120-151,377
  Dividend Payments0.0%21,57721,57821,58720,29220,47320,93021,29021,57021,79422,59020,76320,76320,75020,75120,75621,16021,25821,26019,57919,57919,670
  Buy Backs676.2%412-71.5014,52828,47954,50162,34055,49837,347104,50999,460--7,4331,4345,66279,473----83,367

NEU Income Statement

2023-12-31
Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 2,698,419$ 2,764,799$ 2,356,110
Cost of goods sold1,925,9062,124,3021,808,403
Gross profit772,513640,497547,707
Selling, general, and administrative expenses151,470145,106145,973
Research, development, and testing expenses137,998140,252143,952
Operating profit483,045355,139257,782
Interest and financing expenses, net37,35935,20234,218
Loss on early extinguishment of debt07,5450
Other income (expense), net43,27635,34223,987
Income before income tax expense488,962347,734247,551
Income tax expense100,09868,19656,643
Net income$ 388,864$ 279,538$ 190,908
Earnings Per Share, Diluted$ 40.44$ 27.77$ 17.71
Earnings Per Share, Basic$ 40.44$ 27.77$ 17.71

NEU Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 111,936$ 68,712
Trade and other accounts receivable, net432,349453,692
Inventories456,234631,383
Prepaid expenses and other current assets39,05138,338
Total current assets1,039,5701,192,125
Property, plant, and equipment, net654,747659,998
Intangibles (net of amortization) and goodwill124,642126,069
Prepaid pension cost370,882302,584
Operating lease right-of-use assets70,82362,417
Deferred charges and other assets48,20763,625
Total assets2,308,8712,406,818
Current liabilities:  
Accounts payable231,137273,289
Accrued expenses76,54689,508
Dividends payable19,21217,850
Income taxes payable6,13116,109
Operating lease liabilities15,07415,569
Other current liabilities16,06411,562
Total current liabilities364,164423,887
Long-Term Debt, Excluding Current Maturities643,6221,003,737
Operating lease liabilities - noncurrent55,05846,968
Other noncurrent liabilities168,966169,819
Total liabilities1,231,8101,644,411
Commitments and contingencies (Note 20)
Shareholders’ equity:  
Common stock and paid-in capital (with no par value; authorized shares - 80,000,000; issued and outstanding - 9,590,086 at December 31, 2023 and 9,702,147 at December 31, 2022)2,1300
Accumulated other comprehensive loss(21,071)(71,995)
Retained earnings1,096,002834,402
Total shareholders' equity1,077,061762,407
Total liabilities and shareholders' equity$ 2,308,871$ 2,406,818
NEU
NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company 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, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, the company engages in the marketing of antiknock compounds, as well as contracted manufacturing and services activities; and owns and manages a real property in Virginia. It operates in North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and India. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.
 CEO
 WEBSITEwww.newmarket.com
 EMPLOYEES2058

NewMarket Corp Frequently Asked Questions


What is the ticker symbol for NewMarket Corp? What does NEU stand for in stocks?

NEU is the stock ticker symbol of NewMarket Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NewMarket Corp (NEU)?

As of Thu Feb 22 2024, market cap of NewMarket Corp is 5.94 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NEU stock?

You can check NEU's fair value in chart for subscribers.

What is the fair value of NEU stock?

You can check NEU's fair value in chart for subscribers. The fair value of NewMarket Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NewMarket Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NEU so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NewMarket Corp a good stock to buy?

The fair value guage provides a quick view whether NEU is over valued or under valued. Whether NewMarket Corp is cheap or expensive depends on the assumptions which impact NewMarket Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NEU.

What is NewMarket Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Feb 22 2024, NEU's PE ratio (Price to Earnings) is 15.27 and Price to Sales (PS) ratio is 2.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NEU PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NewMarket Corp's stock?

In the past 10 years, NewMarket Corp has provided 0.068 (multiply by 100 for percentage) rate of return.