Share count shrinking. Shares outstanding down 5.2% from December 2022 to June 2026.
NewMarket had 5.2% fewer shares at June 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Profit is backed by cash. Free cash flow is 109% of reported profit.
NewMarket's free cash flow is 109% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.
Wide margins.Operating margin 20% (12 months to Jun 2026) vs a peer median of 7.6%.Operating margin 20% vs peers 7.6%.
NewMarket keeps 20% of revenue as operating profit, more than 83% of peers (median 7.6%).
StockQuotient Score
63/ 100▲ 2 since Oct 27 closeOct 5 61 → Nov 4 63 (+2)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 57 → 64
Share price -14.4%+5
Company's reported figures updated-1
Peer companies moved+3
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Safety percentile 62 → 63
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about NewMarket
Is NewMarket getting weaker?
Its latest SEC filing (Jul 30, 2026) showed no major changes. Its overall score is 63/100, up 2 since Oct 28, 2026.
How is NewMarket valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 64/100 against 1,371 basic materials peers.Free cash flow yield 6.9% vs a peer median of 2.6% (stronger than 73% of peers).Free cash flow yield 6.9% vs peers 2.6% (stronger than 73% of peers).
Is NewMarket growing?
More slowly than most of its peers. Growth scores 38/100 against 1,371 basic materials peers.Earnings per share growth -7.8% vs a peer median of 9.4% (weaker than 65% of peers).Earnings per share growth -7.8% vs peers 9.4% (weaker than 65% of peers).
How profitable is NewMarket?
More profitable than most of its peers. Profitability scores 87/100 against 1,371 basic materials peers.Return on assets 12.0% vs a peer median of 2.5% (stronger than 91% of peers).Return on assets 12.0% vs peers 2.5% (stronger than 91% of peers).
How risky is NewMarket?
Moderate risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings.Current ratio 2.25× vs a peer median of 1.76× (stronger than 65% of peers).Current ratio 2.25× vs peers 1.76× (stronger than 65% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 30, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
2.7B USD
2.7B USD
+1.8%
Net income (12 months)
410.9M USD
433.4M USD
+5.5%
Operating margin
19.6%
20.0%
+0.4 pts
Free cash flow (12 months)
483.7M USD
473.7M USD
−2.1%
Debt
939.6M USD
854.8M USD
−9.0%
Cash
73.2M USD
93.6M USD
+27.9%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Specialty Chemicals · 32 companies
Valuations in Specialty Chemicals are above their usual range since 2016.
74% of months since 2016 were valued lower than now.
17% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values −8% and earnings +13% (medians): earnings grew faster than prices.
Median price-to-sales is −36% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
23.2%
23.2%
28.6%
31.8%
31.5%
▼ 0.3 pts
Operating margin
10.9%
12.8%
17.9%
21.2%
20.0%
▼ 1.2 pts
Net margin
8.1%
10.1%
14.4%
16.6%
15.4%
▼ 1.2 pts
Return on assets (ROA)
7.5%
11.6%
16.8%
14.8%
12.0%
▼ 2.8 pts
Return on equity (ROE)
25.0%
36.7%
36.1%
31.6%
23.5%
▼ 8.1 pts
Free cash flow margin
3.7%
1.9%
19.6%
16.6%
18.0%
▲ 1.4 pts
Current ratio
1.91×
2.81×
2.85×
2.75×
2.53×
▼ 8.1%
Quick ratio
1.23×
1.32×
1.60×
1.40×
1.33×
▼ 5.0%
Debt to equity
1.49×
1.32×
0.60×
0.66×
0.50×
▼ 25%
Interest coverage
7.53×
10.09×
12.93×
10.29×
13.70×
▲ 33%
NEU price history
Price history is added with the daily price update and will appear after the next one.