NewMarket Corporation (NEU) is a publicly traded company in the Basic Materials — Chemicals - Specialty industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
NewMarket Corporation, through its various subsidiaries, operates primarily in the specialty chemicals sector, specializing in the creation and supply of petroleum additives. The company furnishes an extensive selection of lubricant additives that are vital for optimizing performance across a wide array of automotive and industrial machinery.
Is NewMarket Corporation stock overvalued or undervalued in 2026?
NewMarket Corporation (NEU) trades at 16.9× earnings (P/E), below the median of the 156 materials companies over $2bn in Kaplio's universe. At the decade median (17.4×) $805 (+3 %); at its sector median (18.8×) $872 (+11 %).
Kaplio overview: NewMarket Corporation
Market cap $7B · 52 weeks $585 – $962 (17 % below the high) · P/E 16.9× · Dividend 1.5 % · 7 years rising · Next earnings February 3, 2027 · Closing price, Oct 30 · accounts published Oct 28.
- Valuation: P/E 16.9× (fairly priced).
- Business: ROIC 14 % (fair).
- Balance sheet: Net debt/EBITDA 1.2× (solid).
- Earnings: Next.
What would it be worth at its usual multiples?
At the decade median (17.4×) $805 (+3 %); at its sector median (18.8×) $872 (+11 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in materials: 6 of 8 pass
- Capex / D&A 0.6×, fails.
- P/B across cycles 3.7×, fails.
- FCF yield 13.2 %, passes.
- Gross margin 31.5 %, passes, near the threshold.
- Net debt / EBITDA (trough) 1.2×, passes.
- Dividend coverage 4.6×, passes.
- Altman Z-Score 4.4, passes.
- Cycle-adjusted EV/EBITDA 11.0×, passes.
Against its peers (reference peers) — NewMarket Corporation: P/E 16.9×; EV/EBITDA 11.0×; ROIC 13.7 %; $7.2B. Eastman Chemical Company (P/E 17.3×; EV/EBITDA 9.7×; ROIC 5.1 %; $7.6B), Balchem Corp (P/E 33.5×; EV/EBITDA 20.0×; ROIC 11.9 %; $5.4B), Cabot Corp. (P/E 20.7×; EV/EBITDA 7.0×; ROIC 8.3 %; $3.8B).
Expensive or cheap against its last ten years?
P/E at each close: today 16.9× · median 17.4× · minimum 11.0× · maximum 27.6× · cheap below 15.2× · expensive above 22.0×. It has been cheaper than today only 44% of the time over its last ten years.
Dividend
solid · Yield 1.5 % ($11.29 per share in 2025) · Years raising it 7 · 5-year growth +8 % a year · Free cash flow coverage 5.2× · With $1,000 invested today you'd collect $15.30 a year ($1.28 a month).
Profitability
| Return on Equity | 25.12% |
| Return on Invested Capital | 13.66% |
| Return on Assets | 12.53% |
| Gross Margin | 31.66% |
| Operating Margin | 20.22% |
| Net Margin | 16.51% |
Financial Health
| Debt / Equity | 0.47 |
| Current Ratio | 2.46 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 4.44 |
Price Performance
| 1 month | -12.82% |
| 3 months | -5.54% |
| Year-to-date | +16.85% |
| 1 year | +4.58% |
| 3 years | +63.99% |
| 5 years | +139.57% |
| 10 years | +104.61% |
Dividend History
Paid in the last 12 months: $12.0000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-15 | $3.0000 |
| 2026-06-15 | $3.0000 |
| 2026-03-16 | $3.0000 |
| 2025-12-15 | $3.0000 |
| 2025-09-15 | $2.7500 |
| 2025-06-16 | $2.7500 |
| 2025-03-17 | $2.7500 |
| 2024-12-16 | $2.5000 |
| 2024-09-16 | $2.5000 |
| 2024-06-14 | $2.5000 |
Amounts adjusted for stock splits.
Related companies: BCPC · IOSP · EMN · CBT · PRM · FUL · ASH · KWR
Explore sector: Basic Materials · Chemicals - Specialty
More sections of NEU: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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