NEWMARKET CORP
Business
NewMarket Corporation is a holding company that manufactures and sells petroleum additives through Afton Chemical, specialty materials for aerospace and defense through AMPAC and Calca, and antiknock compounds through Ethyl. Afton develops and sells lubricant and fuel additive packages globally to oil companies and compounders; AMPAC produces ammonium perchlorate and specialty materials for solid rocket motors; Calca produces ultra-pure and high-purity hydrazine for aerospace propulsion. The company operates manufacturing facilities across North America, Europe, Asia, Africa, and South America, serving integrated oil companies, aerospace contractors, and government agencies.
Summary from 10-K filed 2026-02-12
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 2,725 | 2,787 | 2,698 | 2,765 | 2,356 | |
| Cost of goods sold | 1,868 | 1,900 | 1,926 | 2,124 | 1,808 | |
| Gross profit | 857 | 886 | 773 | 640 | 548 | |
| Selling, general, and administrative expenses | 182 | 171 | 151 | 145 | 146 | |
| Research, development, and testing expenses | 132 | 125 | 138 | 140 | 144 | |
| Operating profit | 544 | 590 | 483 | 355 | 258 | |
| Interest and financing expenses, net | 40 | 57 | 37 | 35 | 34 | |
| Other income (expense), net | 57 | 51 | 43 | 35 | 24 | |
| Income before income tax expense | 561 | 584 | 489 | 348 | 248 | |
| Income tax expense | 142 | 122 | 100 | 68 | 57 | |
| Net income | 419 | 462 | 389 | 280 | 191 | |
| Earnings Per Share, Diluted | 44.44 | 48.22 | 40.44 | 27.77 | 17.71 | |
| Earnings Per Share, Basic | 44.44 | 48.22 | 40.44 | 27.77 | 17.71 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 78 | 77 | 112 | 69 | 83 | |
| Trade and other accounts receivable, net | 422 | 395 | 432 | 454 | 392 | |
| Inventories | 502 | 505 | 456 | 631 | 499 | |
| Prepaid expenses and other current assets | 58 | 51 | 39 | 38 | 39 | |
| Total current assets | 1,060 | 1,030 | 1,040 | 1,192 | 1,388 | |
| Property, plant, and equipment, net | 775 | 735 | 655 | 660 | 677 | |
| Intangibles (net of amortization) and goodwill | 941 | 750 | 125 | 126 | 128 | |
| Prepaid pension cost | 586 | 490 | 371 | 303 | 243 | |
| Operating lease right-of-use assets, net | 78 | 71 | 71 | 62 | 68 | |
| Deferred charges and other assets | 52 | 53 | 48 | 64 | 55 | |
| Total assets | 3,492 | 3,130 | 2,309 | 2,407 | 2,558 | |
| Accounts payable | 238 | 226 | 231 | 273 | 246 | |
| Accrued expenses | 110 | 89 | 77 | 90 | 85 | |
| Dividends payable | 24 | 22 | 19 | 18 | 17 | |
| Income taxes payable | 17 | 16 | 6 | 16 | 4 | |
| Operating lease liabilities | 16 | 15 | 15 | 16 | 16 | |
| Other current liabilities | 14 | 6 | 16 | 12 | 8 | |
| Total current liabilities | 419 | 374 | 364 | 424 | 725 | |
| Long-Term Debt, Excluding Current Maturities | 883 | 971 | 644 | 1,004 | 790 | |
| Operating lease liabilities - noncurrent | 62 | 55 | 55 | 47 | 53 | |
| Other noncurrent liabilities | 350 | 267 | 169 | 170 | 229 | |
| Total liabilities | 1,714 | 1,668 | 1,232 | 1,644 | 1,796 | |
| Commitments and contingencies (Note 21) | — | — | — | — | — | |
| 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 | 0 | 2 | 0 | 0 | |
| Accumulated other comprehensive income (loss) | 107 | 33 | −21 | −72 | −82 | |
| Retained earnings | 1,669 | 1,429 | 1,096 | 834 | 844 | |
| Total shareholders' equity | 1,778 | 1,462 | 1,077 | 762 | 762 | |
| Total liabilities and shareholders' equity | 3,492 | 3,130 | 2,309 | 2,407 | 2,558 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 122 | 117 | 78 | 82 | 84 | |
| Deferred income tax expense (benefit) | 34 | −13 | −15 | −43 | 2 | |
| Trade and other accounts receivable, net | −11 | 36 | 32 | −73 | −54 | |
| Inventories | 33 | −37 | 192 | −167 | −96 | |
| Prepaid expenses and other current assets | −3 | 1 | 744,000 | 2 | −3 | |
| Accounts payable and accrued expenses | 16 | −8 | −59 | 36 | 60 | |
| Operating lease liabilities | −22 | −20 | −20 | — | — | |
| Other current liabilities | 9 | −4 | −2 | 4 | −6 | |
| Income taxes payable | 523,000 | 7 | −9 | 12 | 562,000 | |
| Cash pension and postretirement contributions | −10 | −12 | −10 | −10 | −10 | |
| Other, net | −19 | −12 | 638,000 | −7 | 7 | |
| Cash provided from (used in) operating activities | 569 | 520 | 577 | 109 | 165 | |
| Capital expenditures | −78 | −57 | −48 | −56 | −79 | |
| Acquisition of business (net of cash acquired) | −213 | −681 | 0 | 0 | — | |
| Cash provided from (used in) investing activities | −291 | −739 | −48 | 316 | −461 | |
| Net borrowings (repayments) under revolving credit facility | 211 | 77 | −361 | 213 | 148 | |
| (Payment) proceeds on term loan | −250 | — | — | — | — | |
| (Payment) proceeds on term loan | — | 250 | 0 | 0 | — | |
| Dividends paid | −106 | −96 | −85 | −84 | −86 | |
| Repurchases of common stock | −77 | −32 | −43 | −207 | −196 | |
| Principal payment on 3.78% senior notes | −50 | 0 | 0 | — | — | |
| Debt issuance costs | 0 | −2 | 0 | 0 | −4 | |
| Other, net | −7 | −11 | 1 | −4 | −2 | |
| Cash provided from (used in) financing activities | −279 | 186 | −488 | −439 | 255 | |
| Effect of foreign exchange on cash and cash equivalents | 1 | −1 | 2 | 255,000 | −926,000 | |
| Increase (decrease) in cash and cash equivalents | 122,000 | −34 | 43 | −15 | −42 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NEWMARKET CORP's CIK number?
NEWMARKET CORP's SEC CIK number is 0001282637 (1282637). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NEWMARKET CORP's SEC filings?
All of NEWMARKET CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NEWMARKET CORP last report earnings?
NEWMARKET CORP (NEU) most recently filed an earnings 8-K with the SEC on Apr 22, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001282637-26-000008). This is NEWMARKET CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is NEWMARKET CORP's most recent earnings 8-K?
NEWMARKET CORP's latest earnings 8-K (Item 2.02) was filed Apr 22, 2026 under accession 0001282637-26-000008. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NEWMARKET CORP's latest earnings 8-K →
Look up any company's CIK number →