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NewMarketNEU +0.73%74 3-Year Share Buyback Ratio is 1.10 as of Jun. 2026, which is 50% below its 10-year median of 2.20. GuruFocus rates NEU with a GF Score™ of 74/100 and a GF Value™ of $612.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 841 Chemicals companies, NewMarket ranks better than 87.04% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. NewMarket's current 3-Year Share Buyback Ratio was 1.10%.
The historical rank and industry rank for NewMarket's 3-Year Share Buyback Ratio or its related term are showing as below:
NEU'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -1 Med: 2.2 Max: 11
Current: 1.1
During the past 13 years, NewMarket's highest 3-Year Share Buyback Ratio was 11.00%. The lowest was -1.00%. And the median was 2.20%.
NEU's 3-Year Share Buyback Ratio is ranked better than 87.04% of 841
companies
in the Chemicals industry
Industry Median: -0.9
vs NEU: 1.10
NewMarket (NYSE:NEU) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
NewMarket 3-Year Share Buyback Ratio Related Terms
NEU vs EMN, ESI, AXTA: 3-Year Share Buyback Ratio Comparison
For the Specialty Chemicals subindustry, NewMarket's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, NewMarket's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where NewMarket's 3-Year Share Buyback Ratio falls into.
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 1.10 mean?
NewMarket (NEU) has a 3-Year Share Buyback Ratio of 1.10 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for NewMarket and its competitors. This is 50% below median its historical median of 2.20. According to the industry distribution chart, NewMarket ranks #109 out of 841 companies in the Chemicals industry, placing it in the top 13%.
Is NewMarket's 3-Year Share Buyback Ratio too high?
NewMarket's current 3-Year Share Buyback Ratio of 1.10 is 50% below median its 10-year median of 2.20. Based on the distribution chart, NewMarket ranks #109 out of 841 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, NewMarket has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NewMarket's 3-Year Share Buyback Ratio compare to EMN and ESI?
According to the Chemicals industry distribution chart, NewMarket ranks #109 out of 841 companies for 3-Year Share Buyback Ratio. This places NewMarket in the top 13% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Chemicals company?
A good 3-Year Share Buyback Ratio depends on the Chemicals industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for NewMarket and its competitors. NewMarket's current 3-Year Share Buyback Ratio is 1.10, which is 50% below median its own 10-year median of 2.20. 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?
Based on GuruFocus' analysis, NewMarket (NEU) is currently considered Significantly Overvalued. The stock's GF Value™ is $612.30, compared to a current price of $887.08 — trading 44.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is 1.10, which is 50% below median its 10-year median of 2.20. NewMarket's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For NewMarket (NEU), the current 3-Year Share Buyback Ratio is 1.10 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 (NEU) Overvalued in 2026?
Based on GuruFocus' analysis, NewMarket stock appears to be overvalued.
The current stock price of $887.08 is trading 44.9% above its estimated GF Value™ of $612.30.
GuruFocus considers NewMarket to be Significantly Overvalued.
Key valuation signals for NEU:
3-Year Share Buyback Ratio: 1.10 (50% below median its 10-year median of 2.20)
GF Value™: $612.30 vs. price of $887.08 (44.9% above fair value)
No single metric tells the full story. See the NEU 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.
74GF Score
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