NewMarket Corp (NEU) financial statements: income statement, balance sheet and cash flow
NewMarket Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), NewMarket Corp reported revenue of $2.7B (-2.2% year on year) and net income of $418.7M (-9.4% year on year).
Income statement
NewMarket Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$2.7B
$2.8B
$2.7B
$2.8B
Cost of goods sold
$1.9B
$1.9B
$1.9B
$2.1B
Gross profit
$857.4M
$886.3M
$772.5M
$640.5M
Selling, general, and administrative expenses
$181.6M
$171.4M
$151.5M
$145.1M
Research, development, and testing expenses
$132.1M
$124.9M
$138.0M
$140.3M
Operating profit
$543.7M
$590.0M
$483.0M
$355.1M
Interest and financing expenses, net
$39.7M
$57.4M
$37.4M
$35.2M
Other income (expense), net
$56.5M
$51.4M
$43.3M
$35.3M
Income before income tax expense
$560.6M
$584.1M
$489.0M
$347.7M
Income tax expense
$141.8M
$121.7M
$100.1M
$68.2M
Net income
$418.7M
$462.4M
$388.9M
$279.5M
Earnings Per Share, Diluted
$44.44
$48.22
$40.44
$27.77
Earnings Per Share, Basic
$44.44
$48.22
$40.44
$27.77
NewMarket Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$747.1M
$669.7M
$690.3M
$698.5M
Cost of goods sold
$504.7M
$448.8M
$480.7M
$477.6M
Gross profit
$242.4M
$220.9M
$209.6M
$221.0M
Selling, general, and administrative expenses
$48.4M
$46.0M
$43.9M
$45.4M
Research, development, and testing expenses
$30.4M
$31.6M
$35.0M
$32.4M
Operating profit
$163.7M
$143.2M
$130.7M
$143.2M
Interest and financing expenses, net
$8.8M
$8.8M
$8.4M
$10.7M
Other income (expense), net
$15.5M
$17.2M
$13.3M
$15.3M
Income before income tax expense
$170.3M
$151.7M
$135.6M
$147.7M
Income tax expense
$36.6M
$33.6M
$35.3M
$36.4M
Net income
$133.8M
$118.1M
$100.3M
$111.2M
Earnings per share - basic (in dollars per share)
$14.54
$12.62
$10.67
$11.84
Earnings per share - diluted (in dollars per share)
$14.54
$12.62
$10.67
$11.84
Cash dividends declared per share (in dollars per share)
$3.00
$3.00
$2.75
$2.75
Balance sheet
NewMarket Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$77.6M
$77.5M
$111.9M
$68.7M
Trade and other accounts receivable, net
$422.1M
$395.4M
$432.3M
$453.7M
Inventories
$502.3M
$505.4M
$456.2M
$631.4M
Prepaid expenses and other current assets
$57.8M
$51.2M
$39.1M
$38.3M
Total current assets
$1.1B
$1.0B
$1.0B
$1.2B
Property, plant, and equipment, net
$775.5M
$735.4M
$654.7M
$660.0M
Intangibles (net of amortization) and goodwill
$941.2M
$750.4M
$124.6M
$126.1M
Prepaid pension cost
$586.1M
$490.4M
$370.9M
$302.6M
Operating lease right-of-use assets, net
$78.3M
$71.3M
$70.8M
$62.4M
Deferred charges and other assets
$51.8M
$52.5M
$48.2M
$63.6M
Total assets
$3.5B
$3.1B
$2.3B
$2.4B
Accounts payable
$238.4M
$225.9M
$231.1M
$273.3M
Accrued expenses
$109.8M
$89.3M
$76.5M
$89.5M
Dividends payable
$23.8M
$22.0M
$19.2M
$17.9M
Income taxes payable
$17.2M
$15.8M
$6.1M
$16.1M
Operating lease liabilities
$16.2M
$15.3M
$15.1M
$15.6M
Other current liabilities
$13.9M
$6.2M
$16.1M
$11.6M
Total current liabilities
$419.3M
$374.5M
$364.2M
$423.9M
Long-Term Debt, Excluding Current Maturities
$883.4M
$971.3M
$643.6M
$1.0B
Operating lease liabilities - noncurrent
$62.0M
$54.8M
$55.1M
$47.0M
Other noncurrent liabilities
$349.5M
$267.4M
$169.0M
$169.8M
Total liabilities
$1.7B
$1.7B
$1.2B
$1.6B
Common stock and paid-in capital (with no par value; authorized shares - 80,000,000; issued and outstanding - 9,397,364 at December 31, 2025 and 9,524,789 at December 31, 2024)
2.4M
0
2.1M
0
Accumulated other comprehensive income (loss)
$106.8M
$32.9M
($21.1M)
($72.0M)
Retained earnings
$1.7B
$1.4B
$1.1B
$834.4M
Total shareholders' equity
$1.8B
$1.5B
$1.1B
$762.4M
Total liabilities and shareholders' equity
$3.5B
$3.1B
$2.3B
$2.4B
NewMarket Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$93.6M
$73.2M
$102.5M
$70.3M
Trade and other accounts receivable, less allowance for credit losses
$480.7M
$438.4M
$438.8M
$453.7M
Inventories
$523.5M
$495.0M
$512.2M
$494.8M
Prepaid expenses and other current assets
$52.5M
$58.2M
$47.7M
$49.0M
Total current assets
$1.2B
$1.1B
$1.1B
$1.1B
Property, plant, and equipment, net
$792.5M
$780.6M
$739.7M
$739.2M
Intangibles (net of amortization) and goodwill
$923.2M
$932.4M
$731.5M
$737.9M
Prepaid pension cost
$605.4M
$594.1M
$527.1M
$518.8M
Operating lease right-of-use assets, net
$86.0M
$80.5M
$78.9M
$76.2M
Deferred charges and other assets
$63.6M
$51.9M
$55.8M
$54.6M
Total assets
$3.6B
$3.5B
$3.2B
$3.2B
Accounts payable
$341.6M
$258.7M
$265.8M
$260.5M
Accrued expenses
$95.2M
$94.8M
$83.2M
$77.6M
Dividends payable
$24.0M
$24.7M
$21.6M
$21.5M
Income taxes payable
$25.0M
$18.4M
$18.5M
$18.6M
Operating lease liabilities
$18.0M
$16.1M
$16.9M
$17.2M
Other current liabilities
$7.0M
$4.5M
$4.5M
$6.7M
Total current liabilities
$510.8M
$417.3M
$410.5M
$402.1M
Long-term debt
$854.8M
$939.6M
$783.1M
$841.8M
Operating lease liabilities - noncurrent
$67.1M
$64.1M
$61.9M
$59.4M
Other noncurrent liabilities
$350.0M
$350.8M
$288.3M
$279.5M
Total liabilities
$1.8B
$1.8B
$1.5B
$1.6B
Common stock and paid-in capital (with no par value; authorized shares - 80,000,000; issued and outstanding shares - 9,196,406 at June 30, 2026 and 9,397,364 at December 31, 2025)
549.0K
0
1.6M
515.0K
Accumulated other comprehensive income
$98.1M
$98.5M
$72.8M
$69.7M
Retained earnings
$1.7B
$1.6B
$1.6B
$1.5B
Total shareholders’ equity
$1.8B
$1.7B
$1.7B
$1.6B
Total liabilities and shareholders’ equity
$3.6B
$3.5B
$3.2B
$3.2B
Cash flow statement
NewMarket Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents at beginning of year
$77.5M
$111.9M
$68.7M
$83.3M
Net income
$418.7M
$462.4M
$388.9M
$279.5M
Depreciation and amortization
$122.4M
$117.0M
$78.0M
$82.3M
Deferred income tax expense (benefit)
$34.4M
($12.8M)
($14.8M)
($42.6M)
Trade and other accounts receivable, net
($10.6M)
$36.1M
$31.6M
($73.1M)
Inventories
$32.8M
($36.5M)
$192.5M
($166.6M)
Prepaid expenses and other current assets
($3.5M)
$1.1M
$744.0K
$2.2M
Accounts payable and accrued expenses
$16.0M
($7.6M)
($59.2M)
$35.5M
Operating lease liabilities
($22.0M)
($19.5M)
($20.0M)
($18.3M)
Other current liabilities
$9.1M
($3.8M)
($1.9M)
$4.0M
Income taxes payable
$523.0K
$7.0M
($9.5M)
$11.6M
Cash pension and postretirement contributions
($9.5M)
($11.8M)
($10.2M)
($9.7M)
Other, net
($19.4M)
($11.8M)
$638.0K
($6.7M)
Cash provided from (used in) operating activities
$569.0M
$519.6M
$576.8M
$108.6M
Capital expenditures
($77.6M)
($57.3M)
($48.3M)
($56.2M)
Acquisition of business (net of cash acquired)
($213.4M)
($681.5M)
—
—
Cash provided from (used in) investing activities
($291.1M)
($738.8M)
($48.3M)
$315.9M
Net borrowings (repayments) under revolving credit facility
$211.0M
$77.0M
($361.0M)
$213.0M
(Payment) proceeds on term loan
($250.0M)
—
—
—
Dividends paid
($105.9M)
($95.9M)
($85.0M)
($84.3M)
Repurchases of common stock
($77.2M)
($31.9M)
($42.9M)
($207.5M)
Principal payment on 3.78% senior notes
($50.0M)
—
—
—
Debt issuance costs
$0
($2.3M)
$0
$0
Other, net
($7.0M)
($11.1M)
$1.3M
$0
Cash provided from (used in) financing activities
($279.1M)
$185.8M
($487.6M)
($439.4M)
Effect of foreign exchange on cash and cash equivalents
$1.4M
($1.1M)
$2.3M
$255.0K
Increase (decrease) in cash and cash equivalents
$122.0K
($34.5M)
$43.2M
($14.6M)
Cash and cash equivalents at end of year
$77.6M
$77.5M
$111.9M
$68.7M
NewMarket Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Cash and cash equivalents at beginning of year
$77.6M
$77.6M
$77.5M
$77.5M
Net income
$251.8M
$118.1M
$337.5M
$237.2M
Depreciation and amortization
$63.5M
$31.7M
$90.4M
$57.3M
Deferred income tax expense (benefit)
$4.5M
$4.9M
$12.2M
$4.6M
Working capital changes
($3.6M)
($19.6M)
$4.5M
($828.0K)
Cash pension and postretirement contributions
($5.0M)
($2.5M)
($7.2M)
($4.9M)
Other, net
($25.0M)
($8.5M)
($13.6M)
($12.0M)
Cash provided from (used in) operating activities
$286.2M
$124.0M
$423.8M
$281.4M
Capital expenditures
($51.7M)
($24.4M)
($49.6M)
($29.3M)
Cash received from acquisition-related adjustment
$1.1M
$1.1M
—
—
Cash provided from (used in) investing activities
($50.6M)
($23.2M)
($49.6M)
($29.3M)
Net borrowings (repayments) under revolving credit facility
$21.0M
$106.0M
$11.0M
($30.0M)
Payment on term loan
$0
—
($150.0M)
($50.0M)
Repayments of Senior Debt
($50.0M)
($50.0M)
($50.0M)
($50.0M)
Repurchases of common stock
($126.4M)
($125.6M)
($77.2M)
($77.2M)
Dividends paid
($55.6M)
($28.0M)
($77.7M)
($51.9M)
Other, net
($4.1M)
($3.3M)
($6.2M)
($5.1M)
Cash provided from (used in) financing activities
($215.1M)
($100.9M)
($350.1M)
($264.2M)
Effect of foreign exchange on cash and cash equivalents