NewMarket Financials

NEU Stock  USD 544.41  1.76  0.32%   
Based on the key indicators related to NewMarket's liquidity, profitability, solvency, and operating efficiency, NewMarket may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, NewMarket's Property Plant And Equipment Gross is comparatively stable compared to the past year. Key indicators impacting NewMarket's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.150.1441
Sufficiently Up
Slightly volatile
Return On Assets0.180.1684
Notably Up
Pretty Stable
Return On Equity0.220.361
Way Down
Slightly volatile
Debt Equity Ratio0.860.5976
Way Up
Slightly volatile
Operating Income253.4 M483 M
Way Down
Pretty Stable
Current Ratio2.042.8547
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for NewMarket includes many different criteria found on its balance sheet. An individual investor should monitor NewMarket's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NewMarket.

Cash And Equivalents

88.11 Million

  
Understanding current and past NewMarket Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NewMarket's financial statements are interrelated, with each one affecting the others. For example, an increase in NewMarket's assets may result in an increase in income on the income statement.

NewMarket Earnings Geography

Please note, the imprecision that can be found in NewMarket's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NewMarket. Check NewMarket's Beneish M Score to see the likelihood of NewMarket's management manipulating its earnings.

NewMarket Stock Summary

NewMarket competes with Oil Dri, H B, Northern Technologies, and Cabot. NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia. NewMarket Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 2104 people.
Specialization
Basic Materials, Specialty Chemicals
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6515871076
CUSIP651587107 297659104 297659609
LocationVirginia; U.S.A
Business Address330 South Fourth
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.newmarket.com
Phone804 788 5000
CurrencyUSD - US Dollar

NewMarket Key Financial Ratios

NewMarket Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B2.6B2.4B2.3B1.6B
Other Current Liab8.9M105.3M109.4M118.9M106.9M79.4M
Net Debt559.4M535.4M1.1B997.6M621.7M458.2M
Retained Earnings843.9M932.3M844.4M834.4M1.1B606.6M
Cash144.4M125.2M83.3M68.7M111.9M78.1M
Net Receivables335.8M336.4M391.8M453.7M432.3M279.3M
Inventory365.9M401.0M498.5M631.4M456.2M277.5M
Other Current Assets8.3M35.5M38.6M38.3M39.1M41.0M
Total Liab1.2B1.2B1.8B1.6B1.2B1.2B
Total Current Assets879.4M898.1M1.4B1.2B1.0B675.4M
Short Term Debt14.0M13.4M365.1M15.6M15.1M14.3M
Intangible Assets8.9M6.0M3.8M2.4M901K856.0K
Accounts Payable178.8M189.9M246.1M273.3M231.1M127.7M
Other Liab192.3M214.4M228.8M147.4M169.5M168.5M
Other Assets165.1M240.7M297.3M326.3M375.3M394.0M
Long Term Debt642.9M598.8M789.9M1.0B643.6M450.9M
Good Will123.0M124.0M123.9M123.7M123.7M129.9M
Net Tangible Assets551.2M629.9M634.4M636.3M731.8M551.4M
Long Term Debt Total642.9M598.8M789.9M1.0B1.2B592.2M

NewMarket Key Income Statement Accounts

The reason investors look at the income statement is to determine what NewMarket's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense29.2M26.3M34.2M35.2M37.4M39.2M
Total Revenue2.2B2.0B2.4B2.8B2.7B1.9B
Gross Profit629.9M595.0M547.7M640.5M772.5M450.0M
Operating Income337.3M311.8M257.8M355.1M483.0M253.4M
Ebit337.3M328.6M281.8M382.9M483.0M507.2M
Ebitda448.4M441.6M401.1M465.2M483.0M303.3M
Cost Of Revenue1.6B1.4B1.8B2.1B1.9B1.3B
Income Before Tax331.6M331.3M247.6M347.7M489.0M513.4M
Net Income254.3M270.6M190.9M279.5M388.9M408.3M
Income Tax Expense77.3M60.7M56.6M68.2M100.1M53.4M
Research Development144.5M140.4M144.0M140.3M138.0M112.6M
Tax Provision77.3M60.7M56.6M68.2M93.7M65.5M
Interest Income29.2M26.3M34.2M35.2M40.5M28.2M
Net Interest Income(29.2M)(26.3M)(34.2M)(35.2M)(40.6M)(42.6M)

NewMarket Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory31.9M(33.1M)(96.2M)(166.6M)192.5M202.1M
Change In Cash71.4M(19.2M)(41.9M)(14.6M)43.2M45.4M
Free Cash Flow284.6M190.8M86.4M59.1M528.5M555.0M
Depreciation87.6M84.0M84.3M82.3M78.0M49.4M
Other Non Cash Items(9.9M)(7.4M)(3.0M)774K(9.6M)(9.1M)
Dividends Paid81.7M83.4M85.9M84.3M85.0M79.4M
Capital Expenditures59.4M93.3M78.9M56.2M48.3M57.6M
Net Income254.3M270.6M190.9M279.5M388.9M408.3M
End Period Cash Flow144.4M125.2M83.3M68.7M111.9M77.5M
Change To Netincome(9.4M)(16.3M)(924K)(51.5M)(46.4M)(44.1M)
Change Receivables(22.6M)2.6M(54.0M)(73.1M)(65.8M)(62.5M)
Net Borrowings(123.5M)(44.7M)543.1M(144.1M)(165.7M)(157.4M)
Investments(59.4M)(74.2M)(382.5M)315.9M(50.6M)(53.1M)

NewMarket Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NewMarket's current stock value. Our valuation model uses many indicators to compare NewMarket value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NewMarket competition to find correlations between indicators driving NewMarket's intrinsic value. More Info.
NewMarket is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NewMarket is roughly  2.69 . At this time, NewMarket's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NewMarket by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

NewMarket Systematic Risk

NewMarket's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NewMarket volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on NewMarket correlated with the market. If Beta is less than 0 NewMarket generally moves in the opposite direction as compared to the market. If NewMarket Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NewMarket is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NewMarket is generally in the same direction as the market. If Beta > 1 NewMarket moves generally in the same direction as, but more than the movement of the benchmark.

NewMarket Thematic Clasifications

NewMarket is part of Chemicals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ChemicalsView
This theme covers USA Equities from Chemicals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in NewMarket Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NewMarket's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NewMarket growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At this time, NewMarket's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

NewMarket November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NewMarket help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NewMarket. We use our internally-developed statistical techniques to arrive at the intrinsic value of NewMarket based on widely used predictive technical indicators. In general, we focus on analyzing NewMarket Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NewMarket's daily price indicators and compare them against related drivers.

Additional Tools for NewMarket Stock Analysis

When running NewMarket's price analysis, check to measure NewMarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.