NewMarket (NewMarket) Net Margin %

: 12.50% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. NewMarket's Net Income for the three months ended in Dec. 2023 was $80 Mil. NewMarket's Revenue for the three months ended in Dec. 2023 was $643 Mil. Therefore, NewMarket's net margin for the quarter that ended in Dec. 2023 was 12.50%.

The historical rank and industry rank for NewMarket's Net Margin % or its related term are showing as below:

NEU' s Net Margin % Range Over the Past 10 Years
Min: 8.1 Med: 10.7 Max: 14.41
Current: 14.41

NEU's Net Margin % is ranked better than
85.26% of 1533 companies
in the Chemicals industry
Industry Median: 4.47 vs NEU: 14.41

NewMarket Net Margin % Historical Data

The historical data trend for NewMarket's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewMarket Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

11.61

13.45

8.10

10.11

14.41

NewMarket Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																13.26	13.89	14.54	16.67	12.50

Competitive Comparison

For the Specialty Chemicals subindustry, NewMarket's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NewMarket Net Margin % Distribution

For the Chemicals industry and Basic Materials sector, NewMarket's Net Margin % distribution charts can be found below:

* The bar in red indicates where NewMarket's Net Margin % falls into.

NewMarket Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NewMarket's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	388.864	/	2698.419
	=	14.41 %

NewMarket's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	80.41	/	643.35
	=	12.50 %

NewMarket (NYSE:NEU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

NewMarket Net Margin % Related Terms

Thank you for viewing the detailed overview of NewMarket's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

NewMarket (NewMarket) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NewMarket Corp (NYSE:NEU) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

UG9:Germany

Address

330 South Fourth Street, Richmond, VA, USA, 23219-4350

Website

https://www.newmarket.com

NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels. More revenue comes from the United States than any other geographic region.

Executives

Lowell Simmons Ukrop	director	330 SOUTH 4TH ST, RICHMOND VA 23219
James E Rogers	director	1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Gail Ridgeway	officer: Controller	330 SOUTH 4TH STREET, RICHMOND VA 23219
Ting Xu	director	330 S 4TH ST, RICHMOND VA 23219
Jewett Bryce Dickinson Iii	officer: VP and General Counsel	330 SOUTH 4TH STREET, RICHMOND VA 23219
Hazelgrove Bruce R Iii	officer: VP - Corporate Resources	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Thomas E Gottwald	director, officer: President & CEO	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Regina A Harm	officer: President Afton Chemical Corp	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Cameron D. Warner	officer: Treasurer	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Robert A. Shama	officer: President Afton Chemical Corp	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Harris H Hiter Iii	director	330 SOUTH FOURTH STREET, RICHMOND VA 23219-4350
Brian D Paliotti	officer: Vice President & CFO	330 SOUTH 4TH STREET, RICHMOND VA 23219
David A Fiorenza	officer: Vice President and Treasurer
William J Skrobacz	officer: Controller	330 SOUTH FOURTH STREET, RICHMOND VA 23219
Patrick D Hanley	director	1000 SEMMES AVE, RICHMOND VA 23224