StockWatch
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Major Chemicals
Quarterly ResultJul 30, 2026, 08:47 AM

NewMarket Q2 Net Sales $747.1M, EPS $14.54; Net Income Up

AI Summary

NewMarket Corporation reported strong financial results for the second quarter and six months ended June 30, 2026. Net sales increased to $747.1 million for the quarter and $1.42 billion for the six months, with net income and EPS also showing significant growth. The company continued to integrate the Calca Solutions acquisition, which contributed to the specialty materials segment's performance, and reduced its long-term debt.

Key Highlights

  • Q2 2026 Net Sales increased to $747.1 million from $698.5 million YoY.
  • Q2 2026 Net Income rose to $133.8 million from $111.2 million YoY.
  • Q2 2026 Diluted EPS grew to $14.54 from $11.84 YoY.
  • Six-month Net Sales reached $1.42 billion, up from $1.40 billion YoY.
  • Specialty materials segment net sales increased to $67.2 million in Q2 2026.
  • Cash dividends declared per share increased to $3.00 for Q2 2026.
  • Long-term debt decreased to $854.8 million at June 30, 2026.
  • Repurchased $126.4 million of common stock in the first six months of 2026.