NewMarket Financial Statements
NYSE: NEUIndustrialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NewMarket revenue and earnings
In fiscal 2025, NewMarket generated $2.73 billion in revenue, down 2.2% from fiscal 2024, its first annual decline since 2023. Net income was $418.7 million (-9.4% year over year), for a net margin of 15.4% versus a median of 13.5% in the prior 5 years. Gross margin was 31.5% (down from 31.8%) and operating margin 20.0%.
Diluted earnings per share came in at $44.44, down from $48.22. Over the last 5 fiscal years, NEU's revenue has grown at a 6.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
NewMarket income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.73B | 2.79B | 2.70B | 2.76B | 2.36B | 2.01B | 2.19B | 2.29B | 2.20B | 2.05B |
| Revenue growth (YoY) | -2.20% | +3.27% | -2.40% | +17.35% | +17.17% | -8.19% | -4.34% | +4.15% | +7.27% | -4.27% |
| Cost of Revenue | 1.87B | 1.90B | 1.93B | 2.12B | 1.81B | 1.42B | 1.56B | 1.70B | 1.56B | 1.37B |
| Gross Profit | 857.40M | 886.35M | 772.51M | 640.50M | 547.71M | 595.03M | 629.87M | 585.36M | 636.39M | 677.18M |
| Operating Expenses | 313.68M | 296.31M | 289.47M | 285.36M | 289.93M | 283.23M | 292.55M | 292.69M | 313.65M | 322.42M |
| Research & Development | 132.09M | 124.90M | 138.00M | 140.25M | 143.95M | 140.37M | 144.47M | 140.29M | 146.00M | 160.79M |
| Selling, General & Admin | 181.58M | 171.41M | 151.47M | 145.11M | 145.97M | 142.86M | 148.08M | 152.40M | 167.65M | 161.63M |
| Operating Income | 543.73M | 590.04M | 483.05M | 355.14M | 257.78M | 311.80M | 337.32M | 292.67M | 322.73M | 354.76M |
| Interest Expense | 39.69M | 57.37M | 37.36M | 35.20M | 34.22M | 26.33M | 29.24M | 26.72M | 21.86M | 16.79M |
| Other Income (Expense) | 56.53M | 51.44M | 43.28M | 35.34M | 23.99M | 45.81M | 23.51M | 24.33M | 14.56M | 5.23M |
| Pretax Income | 560.56M | 584.11M | 488.96M | 347.73M | 247.55M | 331.29M | 331.59M | 290.29M | 315.44M | 343.21M |
| Income Tax | 141.81M | 121.69M | 100.10M | 68.20M | 56.64M | 60.72M | 77.30M | 55.55M | 124.93M | 99.77M |
| Net Income | 418.75M | 462.41M | 388.86M | 279.54M | 190.91M | 270.57M | 254.29M | 234.73M | 190.51M | 243.44M |
| Net Income growth (YoY) | -9.44% | +18.91% | +39.11% | +46.43% | -29.44% | +6.40% | +8.33% | +23.21% | -21.74% | +2.03% |
| EPS (Basic) | 44.44 | 48.22 | 40.44 | 27.77 | 17.71 | 24.64 | 22.73 | 20.34 | 16.08 | 20.54 |
| EPS (Diluted) | 44.44 | 48.22 | 40.44 | 27.77 | 17.71 | 24.64 | 22.73 | 20.34 | 16.08 | 20.54 |
| Shares Outstanding (Basic) | 9.39M | 9.55M | 9.58M | 10.04M | 10.76M | 10.96M | 11.17M | 11.52M | 11.82M | 11.83M |
| Shares Outstanding (Diluted) | 9.39M | 9.55M | 9.58M | 10.04M | 10.76M | 10.96M | 11.17M | 11.52M | 11.82M | 11.83M |
| EBITDA | 666.15M | 706.99M | 561.05M | 437.42M | 342.10M | 395.80M | 424.88M | 364.43M | 378.07M | 399.65M |
| Gross Margin | 31.46% | 31.81% | 28.63% | 23.17% | 23.25% | 29.59% | 28.76% | 25.57% | 28.95% | 33.04% |
| Operating Margin | 19.95% | 21.17% | 17.90% | 12.85% | 10.94% | 15.51% | 15.40% | 12.78% | 14.68% | 17.31% |
| Net Margin | 15.37% | 16.59% | 14.41% | 10.11% | 8.10% | 13.45% | 11.61% | 10.25% | 8.67% | 11.88% |
This table shows 10 annual periods of NewMarket's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow NEU's reporting calendar. What is a income statement?