NewMarket (NEU) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.8B
Gross Profit
886.3M
31.81%
Operating Income
590.0M
21.17%
Net Income
462.4M
16.59%
EPS (Diluted)
$48.22
Balance Sheet Metrics
Total Assets
3.1B
Total Liabilities
1.7B
Shareholders Equity
1.5B
Debt to Equity
1.14
Cash Flow Metrics
Operating Cash Flow
511.5M
Free Cash Flow
462.3M
Revenue & Profitability Trend
NewMarket Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.8B | 2.7B | 2.8B | 2.4B | 2.0B |
| Cost of Goods Sold | 1.9B | 1.9B | 2.1B | 1.8B | 1.4B |
| Gross Profit | 886.3M | 772.5M | 640.5M | 547.7M | 595.0M |
| Operating Expenses | 296.3M | 289.5M | 285.4M | 289.9M | 283.2M |
| Operating Income | 590.0M | 483.0M | 355.1M | 257.8M | 311.8M |
| Pre-tax Income | 584.1M | 489.0M | 347.7M | 247.6M | 331.3M |
| Income Tax | 121.7M | 100.1M | 68.2M | 56.6M | 60.7M |
| Net Income | 462.4M | 388.9M | 279.5M | 190.9M | 270.6M |
| EPS (Diluted) | $48.22 | $40.44 | $27.77 | $17.71 | $24.64 |
Income Statement Trend
NewMarket Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.0B | 1.0B | 1.2B | 1.4B | 898.1M |
| Non-Current Assets | 2.1B | 1.3B | 1.2B | 1.2B | 1.0B |
| Total Assets | 3.1B | 2.3B | 2.4B | 2.6B | 1.9B |
| Liabilities | |||||
| Current Liabilities | 374.5M | 364.2M | 423.9M | 725.1M | 312.5M |
| Non-Current Liabilities | 1.3B | 867.6M | 1.2B | 1.1B | 861.6M |
| Total Liabilities | 1.7B | 1.2B | 1.6B | 1.8B | 1.2B |
| Equity | |||||
| Total Shareholders Equity | 1.5B | 1.1B | 762.4M | 762.1M | 759.8M |
Balance Sheet Composition
NewMarket Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 462.4M | 388.9M | 279.5M | 190.9M | 270.6M |
| Operating Cash Flow | 511.5M | 585.6M | 87.3M | 167.5M | 313.7M |
| Investing Activities | |||||
| Capital Expenditures | - | - | 0 | 0 | 20.0M |
| Investing Cash Flow | -681.5M | 0 | 372.1M | -382.5M | 19.1M |
| Financing Activities | |||||
| Dividends Paid | -95.9M | -85.0M | -84.3M | -85.9M | -83.4M |
| Financing Cash Flow | 185.8M | -487.6M | -439.4M | 403.1M | -276.1M |
| Free Cash Flow | 462.3M | 528.5M | 52.5M | 86.4M | 190.8M |
Cash Flow Trend
NewMarket Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
14.45
Forward P/E
28.14
Price to Book
4.51
Price to Sales
2.46
PEG Ratio
28.14
Profitability Ratios
Profit Margin
17.22%
Operating Margin
24.66%
Return on Equity
35.98%
Return on Assets
12.81%
Financial Health
Current Ratio
2.84
Debt to Equity
70.09
Beta
0.42
Per Share Data
EPS (TTM)
$50.27
Book Value per Share
$161.06
Revenue per Share
$292.82
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| neu | 6.9B | 14.45 | 4.51 | 35.98% | 17.22% | 70.09 |
| Linde plc | 216.0B | 33.33 | 5.69 | 17.01% | 20.02% | 60.56 |
| Sherwin-Williams | 86.3B | 32.56 | 20.80 | 70.22% | 11.63% | 329.97 |
| Eastman Chemical | 9.3B | 10.22 | 1.58 | 16.03% | 9.85% | 86.00 |
| Albemarle | 7.9B | 33.52 | 0.99 | -9.99% | -22.39% | 35.76 |
| Axalta Coating | 6.7B | 14.89 | 3.21 | 23.15% | 8.56% | 161.07 |
Financial data is updated regularly. All figures are in the company's reporting currency.