Quarterly ResultJul 29, 2026, 05:21 PM
NewMarket Q2 Net Income $133.8M, EPS $14.54; H1 EPS $27.14
AI Summary
NewMarket Corporation reported strong financial results for the second quarter and first half of 2026. Net income for Q2 2026 increased to $133.8 million, or $14.54 per share, compared to $111.2 million, or $11.84 per share, in Q2 2025. The company also highlighted robust performance in both its Petroleum Additives and Specialty Materials segments, with operating profits rising year-over-year. NewMarket generated solid cash flow, enabling significant share repurchases and a reduction in its Net Debt to EBITDA ratio to 1.0x.
Key Highlights
- Q2 2026 Net Income increased to $133.8 million from $111.2 million in Q2 2025.
- Q2 2026 Diluted EPS rose to $14.54 from $11.84 in Q2 2025.
- H1 2026 Net Income was $251.8 million, with Diluted EPS of $27.14.
- Q2 2026 Petroleum Additives operating profit increased to $149.4 million from $139.8 million.
- Q2 2026 Specialty Materials operating profit grew to $22.3 million from $10.5 million.
- Generated strong cash flow in H1 2026, funding $51.7 million in capital expenditures.
- Repurchased over 200,000 shares for $126.4 million in H1 2026.
- Reduced Net Debt to EBITDA ratio to 1.0x as of June 30, 2026.
Price Impact
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