NEWMARKET (NEU) Company Report

NewMarket Corporation reported Q4 2025 net income of $81 million, or $8.65 per share, a decrease from $111 million, or $11.56 per share, in Q4 2024, primarily due to a higher effective tax rate.
For the full year 2025, net income was $419 million, or $44.44 per share, compared to $462 million, or $48.22 per share, in 2024.
The Petroleum Additives segment saw Q4 2025 sales of $585 million and operating profit of $107 million, driven by a 6% decline in shipments and market softness.
The Specialty Materials segment experienced significant growth, with Q4 2025 sales increasing to $49 million from $27 million in Q4 2024, and operating profit rising to $7 million from $2 million, mainly due to higher volume at Ampac and the acquisition of Calca Solutions.
The company generated solid cash flows in 2025, returning $183 million to shareholders through $77 million in share repurchases and $106 million in dividends, while also reducing total debt by $88 million.

Feb 12, 2026, 8:00 PM

Transcript

NewMarket Reports Q4 and Full Year 2025 Financial Results

NEU

Earnings

M&A

Share Buyback

NewMarket Corporation reported net income of $81 million, or $8.65 per share, for Q4 2025, compared to $111 million, or $11.56 per share, for Q4 2024. For the full year 2025, net income was $419 million, or $44.44 per share, down from $462 million, or $48.22 per share, in 2024, primarily due to a higher effective tax rate.
The Petroleum Additives segment saw sales decline to $585 million in Q4 2025 from $626 million in Q4 2024, and operating profit decreased to $107 million from $136 million, mainly due to a 6% decline in shipments and lower selling prices driven by market softness. Full-year sales for the segment were $2.5 billion in 2025, down from $2.6 billion in 2024, with operating profit at $520 million compared to $592 million.
The Specialty Materials segment experienced significant growth, with sales increasing to $49 million in Q4 2025 from $27 million in Q4 2024, and operating profit rising to $7 million from $2 million. This growth was driven by higher volume at AMPAC and the acquisition of Calca Solutions on October 1, 2025. Full-year sales for the segment were $182 million in 2025, up from $141 million in 2024, with operating profit at $47 million compared to $17 million.
The company generated solid cash flows in 2025, returning $183 million to shareholders through $77 million in share repurchases and $106 million in dividends, while also reducing total debt by $88 million. The net debt to EBITDA ratio was 1.1 times as of December 31, 2025, slightly down from 1.2 times at the end of 2024.

Feb 12, 2026, 8:00 PM

Transcript

NewMarket Reports Q4 and Full-Year 2025 Financial Results

NEU

Earnings

M&A

Share Buyback

NewMarket Corporation reported Q4 2025 net income of $81 million, or $8.65 per share, and full-year 2025 net income of $419 million, or $44.44 per share, with the decline from 2024 primarily attributed to a higher effective tax rate.
The Petroleum Additives segment's Q4 2025 sales decreased to $585 million and operating profit to $107 million, mainly due to a 6% decline in shipments and market softness.
The Specialty Materials segment saw Q4 2025 sales increase to $49 million and operating profit to $7 million, driven by higher volume at Ampac and the acquisition of Calca Solutions on October 1, 2025.
The company generated solid cash flows in 2025, returning $183 million to shareholders through $77 million in share repurchases and $106 million in dividends, and reduced total debt by $88 million, resulting in a net debt to EBITDA ratio of 1.1 times as of December 31, 2025.

Feb 12, 2026, 8:00 PM

Transcript

Newmarket Corporation Reports Fourth Quarter and Full Year 2025 Results

NEU

Earnings

Dividends

Share Buyback

Newmarket Corporation (NEU) reported full year 2025 net income of $418.7 million and earnings per share of $44.44, with Petroleum Additives operating profit at $520.1 million and Specialty Materials operating profit at $47.0 million.
The company generated solid cash flows during 2025, enabling $105.9 million in dividends and $77.2 million in common stock repurchases.
Long-term debt was reduced by $87.9 million in 2025, bringing the Net Debt to EBITDA ratio down to 1.1 as of December 31, 2025.
The Specialty Materials segment's sales increased, driven by higher volumes at American Pacific Corporation (AMPAC) and the acquisition of Calca Solutions, LLC on October 1, 2025.

Feb 11, 2026, 10:26 PM

8-K

NewMarket Corporation Reports Q4 and Full Year 2025 Results

NEU

Earnings

Share Buyback

Dividends

NewMarket Corporation reported net income of $418.7 million and earnings per share of $44.44 for the full year 2025, a decline from the record year 2024, mainly driven by a higher effective income tax rate.
For the full year 2025, the Petroleum Additives segment recorded operating profit of $520.1 million, impacted by a 4.9 percent decrease in shipments and lower selling prices, while the Specialty Materials segment saw its operating profit increase to $47.0 million, primarily due to increased volumes and the acquisition of Calca Solutions, LLC.
The company generated strong operating cash flows in 2025, allowing it to pay dividends of $105.9 million, repurchase $77.2 million of common stock, and reduce its long-term debt by $87.9 million.

Feb 11, 2026, 10:01 PM

Press Release

NewMarket Corporation Announces Q3 2025 Financial Results and Dividend Increase

NEU

Earnings

Dividends

Share Buyback

NewMarket Corporation reported net income of $100 million, or $10.67 per share, for Q3 2025, a decrease from $132 million, or $13.79 per share, in Q3 2024.
Petroleum Additive sales for Q3 2025 were $649 million, with operating profit of $131 million, impacted by a 4.1% decline in shipments and one-time charges for manufacturing network optimization.
Specialty Materials sales for Q3 2025 were $38 million, with operating profit of $6 million, primarily due to lower volume, though the company expanded this segment with the October 1, 2025, acquisition of Calca Solutions, LLC.
The company generated solid cash flows, returning $155 million to shareholders through $77 million in share repurchases and $78 million in dividends in the first nine months of 2025, and reduced net debt by $213 million.
NewMarket's Board of Directors approved a 9% increase in the quarterly dividend, raising it from $2.75 to $3 per share, payable January 2, 2026.

Oct 31, 2025, 7:00 PM

Transcript

NewMarket Corporation Announces Q3 2025 Financial Results

NEU

Earnings

Dividends

M&A

NewMarket Corporation reported net income of $100 million, or $10.67 per share, for Q3 2025, compared to $132 million, or $13.79 per share, for Q3 2024. For the first nine months of 2025, net income was $337 million, or $35.78 per share, down from $352 million, or $36.66 per share, in the same period of 2024.
Petroleum additive sales for Q3 2025 were $649 million, with an operating profit of $131 million, impacted by one-time charges, a 4.1% decline in shipments, and increased R&D investments. Specialty materials sales were $38 million, with an operating profit of $6 million, primarily due to lower volume.
The company expanded its investment in the specialty materials segment with the October 1, 2025, acquisition of Calca Solutions, LLC, committing approximately $1 billion to this segment since 2024.
NewMarket generated solid cash flows in the first nine months of 2025, returning $155 million to shareholders through $77 million in share repurchases and $78 million in dividends. Net debt was reduced by $213 million, bringing the net debt-to-EBITDA ratio to 0.9 times as of September 30, 2025.
The Board of Directors approved a 9% increase in the quarterly dividend, raising it from $2.75 to $3 per share, payable January 2, 2026.

Oct 31, 2025, 7:00 PM

Transcript

NewMarket Corporation Announces Q3 2025 Financial Results and Dividend Increase

NEU

Earnings

Dividends

M&A

NewMarket Corporation reported net income of $100 million or $10.67 per share for Q3 2025, a decrease from $132 million or $13.79 per share in Q3 2024. For the first nine months of 2025, net income was $337 million or $35.78 per share, compared to $352 million or $36.66 per share in the prior year period.
Petroleum additive sales for Q3 2025 were $649 million, down from $663 million in Q3 2024, with operating profit decreasing to $131 million from $157 million, mainly due to one-time charges, a 4.1% decline in shipments, and increased R&D investments. Specialty materials sales for Q3 2025 were $38 million, down from $59 million in Q3 2024, with operating profit at $6 million compared to $16 million.
The company expanded its specialty materials segment with the acquisition of Calca Solutions, LLC on October 1, 2025, and has committed approximately $1 billion to this segment since 2024.
NewMarket generated solid cash flows in the first nine months of 2025, returning $155 million to shareholders through share repurchases and dividends, reducing net debt by $213 million, and the Board approved a 9% increase in the quarterly dividend from $2.75 to $3.00 per share.

Oct 31, 2025, 7:00 PM

Transcript

NewMarket Corporation Reports Q3 2025 Results

NEU

Earnings

Dividends

M&A

NewMarket Corporation reported net income of $100.3 million and earnings per share of $10.67 for the third quarter ended September 30, 2025.
The company's Board of Directors approved a 9% increase in the quarterly dividend to $3.00 per share, and during the first nine months of 2025, NewMarket reduced its long-term debt by $188.2 million and repurchased $77.2 million of common stock.
Petroleum additives operating profit for the third quarter of 2025 decreased to $131.3 million, primarily due to one-time charges and a 4.1% decline in shipments.
NewMarket expanded its specialty materials segment with the acquisition of Calca Solutions, LLC on October 1, 2025, and has committed approximately $1 billion to this segment since 2024.

Oct 30, 2025, 9:27 PM

8-K

NewMarket Corporation Reports Third Quarter and First Nine Months 2025 Results

NEU

Earnings

Dividends

M&A

NewMarket Corporation reported net income of $100.3 million (or $10.67 per share) for the third quarter of 2025 and $337.5 million (or $35.78 per share) for the first nine months of 2025.
The Petroleum additives segment's operating profit decreased to $131.3 million in Q3 2025 and $413.2 million for the first nine months of 2025, primarily due to one-time charges, a 4.1% decline in Q3 shipments, and a 4.6% decline in nine-month shipments.
The Specialty materials segment's operating profit was $6.0 million in Q3 2025, but $39.7 million for the first nine months of 2025, reflecting the acquisition of American Pacific Corporation in January 2024. The company also acquired Calca Solutions, LLC on October 1, 2025, expanding its investment in this segment.
The company increased its quarterly dividend by 9% to $3.00 per share and reduced its long-term debt by $188.2 million during the first nine months of 2025, resulting in a Net Debt to EBITDA ratio of 0.9 as of September 30, 2025.