NewMarket Corporation Reports Third Quarter and First Nine Months 2026 Results
Key Highlights
- ➤Q3 net income $124.1 million, up from $100.3 million year over year
- ➤Nine-month EPS $40.64, up from $35.78 year over year
- ➤Specialty materials Q3 sales $62.0 million, up from $38.2 million
- ➤Nine-month cash deployment nearly $300 million across capex, dividends, repurchases
- ➤Net Debt to EBITDA improved to 1.0x from 1.1x at year-end 2025
Expert Statements
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“Despite broader market softness in lubricant additives that resulted in an 8% decline in shipments, we successfully implemented surcharges to offset higher costs incurred due to the supply chain disruptions in the Middle East.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“Our continued focus on operational efficiency helped sustain strong operating profit margins in the quarter.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“We continue to be pleased with the performance of our Specialty Materials segment and look forward to the capacity expansion projects for both ammonium perchlorate and high-purity hydrazine being completed by the end of 2026.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“The cash flow generated by operations enables us to continue to provide value to our customers and shareholders through reinvestment in our businesses for growth and efficiency, acquisitions, dividends and share repurchases.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“While the operating environment remains dynamic, we believe these actions position us well to continue delivering solid results.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“We are pleased with the performance of both our petroleum additives and specialty materials segments during the first nine months of 2026.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“We will continue to invest in technology to serve our customers, focus on cost control and margin management, and advance our initiatives to strengthen our global manufacturing network to enable more efficient product delivery to our customers in the years ahead.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“Our dedicated team makes decisions to promote long-term value for our shareholders and customers, and remains focused on our long-term objectives.”
Thomas E. Gottwald, Chairman and Chief Executive Officer of NewMarket Corporation
“We believe the fundamentals of how we run our business - a long-term view, safety-first culture, customer-focused solutions, technology-driven product offerings, and world-class supply chain capability - will continue to benefit all our stakeholders.”
NewMarket Corporation Reports Third Quarter and First Nine Months 2026 Results
Third Quarter Net Income of $124 million and Earnings per Share of $13.50
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