NewMarket (STU:UG9) Research & Development: €110 Mil (TTM As of Jun. 2026)

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STU:UG9 NewMarket Corp STU:UG9
80 GF Score
Price €735.00
GF Value €520.33
! 6 Warning Signs
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What is NewMarket Research & Development?

NewMarket STU:UG9 +8.89% 80 Research & Development is €110 Mil as of Jun. 2026. GuruFocus rates STU:UG9 with a GF Score™ of 80/100 and a GF Value™ of €520.33. The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. NewMarket's Research & Development for the three months ended in Jun. 2026 was €26 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was €110 Mil.

NewMarket  (STU:UG9) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

NewMarket Research & Development Related Terms

NewMarket Research & Development Historical Data

* Premium members only.

The historical data trend for NewMarket's Research & Development 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.

NewMarket Research & Development Chart

NewMarket Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.40 132.40 126.54 119.28 112.81

NewMarket Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.07 29.84 26.92 27.37 26.38
STU:UG9
80GF Score
NewMarket Corp STU:UG9
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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NewMarket Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €110 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €110 Mil mean?
NewMarket (STU:UG9) has a Research & Development of €110 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on NewMarket and its competitors.
Is NewMarket's Research & Development too high?
NewMarket's current Research & Development is €110 Mil. Overall, NewMarket has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does NewMarket's Research & Development compare to AXTA and EMN?
NewMarket's Research & Development of €110 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 Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on NewMarket and its competitors. NewMarket's current Research & Development is €110 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 Research & Development of €110 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 Research & Development is €110 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For NewMarket (STU:UG9), the current Research & Development is €110 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:

  • Research & Development: €110 Mil
  • GF Value™: €520.33 vs. price of €735.00 (41.3% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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 Business Description

Other Exchanges NEU:USA
Address 330 South Fourth Street, Richmond, VA, USA, 23219-4350
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

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€735.00
Price
€520.33
GF Value