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NEWMARKET CORP NEU

NYSE · stock · Industrial Organic Chemicals · website · IPO 1980-03-17 · LEI

NEWMARKET CORP statistics & valuation

Market cap$7.3B
P / E17.4×
P / S2.7×
P / B4.1×
P / FCF14.8×
Dividend yield1.45%
Net margin15.4%
Return on equity23.5%
FCF margin18.0%
Net debt$805.8M
Net debt / EBITDA1.2×
Enterprise value USD$8.1B
EV / EBITDA12.2×
Earnings yield EBIT/EV6.7%
Return on capital17.7%
Graham number -53.4%$434.98

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($434.98); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.90% 8.70% 10.30% 11.60% 13.50% 8.10% 10.10% 14.40% 16.60% 15.40% 2016201720182019202020212022202320242025
Gross margin (%)
33.00% 28.90% 25.60% 28.80% 29.60% 23.20% 23.20% 28.60% 31.80% 31.50% 2016201720182019202020212022202320242025
Operating margin (%)
17.30% 14.70% 12.80% 15.40% 15.50% 10.90% 12.80% 17.90% 21.20% 20.00% 2016201720182019202020212022202320242025
Return on equity (%)
50.40% 31.70% 47.90% 37.20% 35.60% 25.00% 36.70% 36.10% 31.60% 23.50% 2016201720182019202020212022202320242025
Shares outstanding
11.8M 11.8M 11.2M 11.2M 11.0M 10.8M 10.0M 9.6M 9.6M 9.4M 2016201720182019202020212022202320242025
Net debt ($)
$310.4M $512.9M $692.8M $498.5M $473.7M $1.06B $935.0M $531.7M $893.8M $805.8M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
17.20% 11.10% 13.80% 13.50% 14.00% 7.50% 11.60% 16.80% 14.80% 12.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
10.30% 4.30% 5.40% 12.70% 9.50% 3.70% 1.90% 19.60% 16.60% 18.00% 2016201720182019202020212022202320242025
Debt / equity (×)
1.04× 0.99× 1.56× 0.94× 0.79× 1.49× 1.32× 0.60× 0.66× 0.50× 2016201720182019202020212022202320242025
EPS ($)
$24.64 $17.71 $27.77 $40.44 $48.22 $44.44 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NEWMARKET CORP trades at about 21× earnings — above its 10-year norm (10-year range 10.3×–19.1×, median 14.3×).

10.3× 21×

Shaded band = 10-year range (10.3×–19.1×); dot = today's 21×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin31.5%31.8%28.6%23.2%23.2%29.6%28.8%25.6%28.9%33.0%
Operating margin20.0%21.2%17.9%12.8%10.9%15.5%15.4%12.8%14.7%17.3%
Net margin15.4%16.6%14.4%10.1%8.1%13.5%11.6%10.3%8.7%11.9%
FCF margin18.0%16.6%19.6%1.9%3.7%9.5%12.7%5.4%4.3%10.3%
Return on assets12.0%14.8%16.8%11.6%7.5%14.0%13.5%13.8%11.1%17.2%
Return on equity23.5%31.6%36.1%36.7%25.0%35.6%37.2%47.9%31.7%50.4%
Debt / equity0.50×0.66×0.60×1.32×1.49×0.79×0.94×1.56×0.99×1.04×
Current ratio2.532.752.852.811.912.872.853.002.632.84

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.