| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 669.72 | 4.5% |
| Total Income | 669.72 | 4.5% |
| Expenditure | 526.49 | 2.7% |
| PBT | 151.65 | 7.6% |
| Net Profit | 118.07 | 6.3% |
| OPM | 21.39% | 1.42pp |
| NPM | 17.63% | 0.34pp |
| EPS | 12.62 | 4.8% |
NewMarket Reports Q1 2026 Net Income of $118 million
23 Apr 2026 · 23 Apr, 2:43 am
Summary
NewMarket Corporation reported net income of $118.1 million, or $12.62 per share, for the first quarter of 2026, compared to $125.9 million, or $13.26 per share, for the first quarter of 2025. Petroleum additives sales were $609.8 million, down from $645.6 million in the same period last year, while specialty materials sales increased to $58.1 million from $53.7 million. The company generated solid cash flows, funding dividends of $28.0 million and repurchasing $125.6 million in shares. Management is monitoring the impact of global uncertainties and has taken actions to adjust prices and rebalance production.
Key Highlights
- 1
NewMarket Corporation reported a net income of $118 million, resulting in earnings per share of $12.62 for the first quarter of 2026.
- 2
Petroleum additives sales decreased to $609.8 million for the first quarter of 2026, compared to $645.6 million in the same period of 2025.
- 3
Specialty materials sales increased to $58.1 million in the first quarter of 2026, up from $53.7 million in the first quarter of 2025.
- 4
The company repurchased over 200 thousand shares of common stock for $125.6 million during the first quarter of 2026.
- 5
Petroleum additives operating profit for the first quarter of 2026 was $135.0 million, compared to $142.1 million for the first quarter of 2025.
- 6
Specialty materials operating profit was $12.4 million for the first quarter of 2026, compared to $23.2 million for the first quarter of 2025.
Management Comments
Thomas E. Gottwald
We are pleased with the performance of both our petroleum additives and specialty materials segments during the first quarter of 2026 and we anticipate continued solid results. We will continue to invest in technology to serve our customers, focus on cost control and margin management, and advance our initiatives to build a global manufacturing network that will enable more efficient product delivery to our customers in the years ahead. We are also excited about expanding production in the specialty materials segment to provide more capacity and a stronger supply chain for our customers, and we expect to see that capacity come online towards the end of 2026.
Informational and educational content only. Not investment advice.