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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. NewMarket's shares outstanding for the quarter that ended in Jun. 2026 was 9 Mil.
NewMarket's quarterly shares outstanding
stayed the same
from Mar. 2026 (9 Mil) to Jun. 2026 (9 Mil).
NewMarket's annual shares outstanding
declined
from Dec. 2024 (10 Mil) to Dec. 2025 (9 Mil).
It means NewMarketbought back shares from Dec. 2024 to Dec. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
NewMarket Shares Outstanding (EOP) Related Terms
NewMarket Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for NewMarket's Shares Outstanding (EOP) 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.
STU:UG9 vs AXTA, EMN, PRM: Shares Outstanding (EOP) Comparison
For the Specialty Chemicals subindustry, NewMarket's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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 Shares Outstanding (EOP) vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, NewMarket's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where NewMarket's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 9 Mil mean?
NewMarket (STU:UG9) has a Shares Outstanding (EOP) of 9 Mil as of Jun. 2026. The total shares a company has outstanding, at period-end. View historical data on NewMarket and its competitors.
Is NewMarket's Shares Outstanding (EOP) too high?
NewMarket's current Shares Outstanding (EOP) is 9 Mil. Overall, NewMarket has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does NewMarket's Shares Outstanding (EOP) compare to AXTA and EMN?
NewMarket's Shares Outstanding (EOP) of 9 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Chemicals company?
A good Shares Outstanding (EOP) depends on the Chemicals industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on NewMarket and its competitors. NewMarket's current Shares Outstanding (EOP) is 9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewMarket stock overvalued right now?
NewMarket (STU:UG9) has a current Shares Outstanding (EOP) of 9 Mil. The stock's GF Value™ is €520.33, compared to a current price of €735.00 — trading 41.3% above its estimated fair value. The current Shares Outstanding (EOP) is 9 Mil. NewMarket's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For NewMarket (STU:UG9), the current Shares Outstanding (EOP) is 9 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NewMarket (STU:UG9) Overvalued in 2026?
Based on GuruFocus' analysis, NewMarket stock appears to be overvalued.
The current stock price of €735.00 is trading 41.3% above its estimated GF Value™ of €520.33.
Key valuation signals for STU:UG9:
Shares Outstanding (EOP): 9 Mil
GF Value™: €520.33 vs. price of €735.00 (41.3% above fair value)
No single metric tells the full story. See the STU:UG9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives used in lubricating oils and fuels to enhance performance. The company operates through two segments: petroleum additives, mainly represented by Afton, where lubricant additives improve the efficiency and durability of base fluids and fuel additives help meet fuel specifications and improve fuel performance, and specialty materials, represented by AMPAC and Calca, including the antiknock compounds business of Ethyl, where primary raw materials include electricity, sodium chlorate, ammonia, chlorine, caustic, and hydrochloric acid, with graphite used in electrolytic cells. The company has operations in North America, Latin America, Asia Pacific, and EMEAI regions.
80GF Score
Get the complete analysis for STU:UG9
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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