NEU
Basic MaterialsNewMarket Corporation · Chemicals - Specialty · $7B
What is NewMarket Corporation?
NewMarket Corporation is a specialty chemicals holding company focused almost entirely on petroleum additives — the chemical packages that keep engines, transmissions, and industrial machinery running reliably. Headquartered in Richmond, Virginia, it serves customers across every major global region.
NewMarket generates revenue primarily through its petroleum additives subsidiaries, which formulate and sell additive packages to lubricant blenders, original equipment manufacturers, and industrial customers worldwide. Its products are blended into finished engine oils, transmission fluids, hydraulic fluids, gear oils, and fuel additives. The company also maintains a smaller antiknock compounds business and contracted manufacturing operations. Revenue is recurring in nature because lubricant additive packages must be refreshed as formulations evolve and equipment standards change.
NewMarket Corporation traces its corporate roots to 1887 and is headquartered in Richmond, Virginia.
- Lubricant additives for engine oils and transmission fluids
- Driveline additives for axle and off-road powertrain fluids
- Industrial additives for hydraulic, gear, and turbine oils
- Fuel additives enhancing gasoline, diesel, and biofuel performance
- Antiknock compounds and contracted manufacturing services
Is NEU a Good Stock to Buy?
UQS Score rates NEU as Good overall, reflecting a balanced profile with meaningful strengths and some areas of caution.
The Quality pillar stands out as the clearest strength — NewMarket demonstrates the kind of consistent operational discipline that tends to characterize durable businesses in specialty chemicals. The Risk pillar also scores well, suggesting the balance sheet and earnings stability are above average for the sector. Valuation is rated Good, meaning the stock does not appear stretched relative to its fundamentals.
Growth is the weakest pillar in the profile, pointing to limited near-term revenue expansion — a common trait in mature, additive-focused niches. The Moat pillar sits at Neutral, indicating competitive advantages exist but are not dominant.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does NEU pay dividends?
Yes — NewMarket Corporation pays a dividend.
NewMarket pays a regular dividend, consistent with its mature business model and steady cash generation in the petroleum additives industry. The company has historically prioritized returning capital to shareholders alongside selective reinvestment. Investors seeking income alongside a specialty chemicals exposure may find NEU's dividend cadence appealing, though yield levels should be verified against current market data.
When does NEU report earnings?
NewMarket Corporation reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
The company's earnings profile reflects its position in a mature, demand-driven specialty chemicals segment. Revenue tends to track lubricant demand cycles and raw material costs rather than sharp growth inflections. Stability rather than acceleration characterizes recent reporting periods.
For the most recent quarter's results and guidance, visit NewMarket Corporation's investor relations page directly.
NEU Price History
+108.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in NewMarket Corporation?
Based on NewMarket Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
NEU Long-term Outlook
NewMarket's fundamental outlook is shaped by its Good Risk profile and Weak Growth pillar. The business is unlikely to deliver rapid top-line expansion, but its operational consistency and manageable risk profile suggest resilience through commodity cycles. Demand for lubricant additives is tied to global vehicle and industrial activity — a slow-growth but structurally persistent end market. The Good Valuation rating suggests the market has already priced in the modest growth trajectory without significant premium.
Growth drivers
- Ongoing global demand for higher-performance lubricant formulations driven by tighter engine standards
- Expansion in Asia Pacific and emerging markets where vehicle and industrial activity continues to grow
- Fuel additive demand supported by the continued use of conventional and biofuel blends
Key risks
- Accelerating electric vehicle adoption reducing long-term demand for engine oil additives
- Raw material cost volatility compressing margins in a relatively price-sensitive supply chain
- Limited pricing power in a Neutral-Moat competitive environment with established global rivals
NEU vs Peers
NewMarket operates in a specialty chemicals space that includes several publicly traded peers with overlapping but distinct business profiles.
Balchem focuses on specialty gases and encapsulated ingredients for food, feed, and medical markets — a different end-market mix than NewMarket's lubricant additive core.
Axalta specializes in performance coatings for transportation and industrial applications, competing in specialty chemicals but with no meaningful overlap in lubricant additives.
Sasol is a large integrated energy and chemicals producer with exposure to fuels and base chemicals, giving it a broader but less focused competitive profile than NewMarket.
Frequently Asked Questions
What does NewMarket Corporation do?
NewMarket Corporation is a holding company whose subsidiaries manufacture and sell petroleum additives — chemical packages blended into engine oils, transmission fluids, hydraulic fluids, and fuels. Its products serve vehicle manufacturers, lubricant blenders, and industrial customers across North America, Europe, Asia Pacific, and other global regions. It also operates a smaller antiknock compounds business.
Does NEU pay dividends?
Yes, NewMarket pays a regular dividend. The company's mature, cash-generative business model in petroleum additives supports consistent shareholder distributions. Investors should check current yield and payout details through a financial data provider or NewMarket's investor relations page, as specific figures change over time.
When does NEU report earnings?
NewMarket Corporation reports on a quarterly cadence, as is standard for US-listed companies. Specific upcoming earnings dates are not confirmed in our data — check the company's investor relations page or a financial calendar for the next scheduled release.
Is NEU a good stock to buy?
UQS Score rates NEU as Good overall. The Quality and Risk pillars are the clearest strengths, while Growth is the weakest area. Valuation is rated Good, suggesting the stock is not obviously expensive. Whether it suits a particular investor depends on their goals — the full pillar breakdown is available to UQS Pro members.
Is NEU overvalued?
The UQS Valuation pillar for NEU is rated Good, which indicates the stock does not appear significantly overpriced relative to its fundamentals. That said, valuation is one of five pillars — the complete picture requires reviewing Quality, Growth, Moat, and Risk together. Pro members can access the full composite analysis.
How does NEU compare to its competitors?
NewMarket's closest publicly traded peers include Balchem Corporation, Axalta Coating Systems, and Sasol Limited. Each operates in specialty chemicals but with different end-market exposures. NewMarket's narrow focus on petroleum additives gives it a distinct niche compared to broader chemical or coatings businesses. UQS Score comparisons across these tickers are available on each company's page.
What is NEU's market cap bracket?
NewMarket Corporation is classified as a mid-cap company. Mid-cap stocks typically offer a balance between the growth potential of smaller companies and the stability associated with larger, more established businesses. Within specialty chemicals, mid-cap status reflects NewMarket's focused product portfolio and niche market position.
Who founded NewMarket Corporation?
NewMarket Corporation's origins trace back to 1887 through its predecessor businesses in petroleum additives. The company's full founding history and leadership lineage are publicly documented and available through its investor relations materials and corporate history disclosures.
Is NEU a long-term quality investment?
As a long-term quality indicator, NEU's profile is mixed but credible. The Strong Quality pillar and Good Risk rating suggest operational durability, while the Weak Growth pillar signals limited expansion potential. Investors prioritizing stability and income over growth may find the profile more aligned with their objectives than those seeking high-growth exposure.
What is the main competitive advantage of NewMarket Corporation?
NewMarket's competitive position rests on deep formulation expertise, long-standing customer relationships with lubricant blenders and OEMs, and the technical complexity of petroleum additive packages. The UQS Moat pillar is rated Neutral, suggesting these advantages are real but not insurmountable — competitors with similar technical capabilities operate in the same space.
What sector does NEU belong to?
NewMarket Corporation is classified in the Basic Materials sector, specifically within specialty chemicals. Its petroleum additives focus places it in a niche that bridges the energy and chemicals industries, serving both automotive and industrial end markets globally.
Is NEU a growth stock or value stock?
Based on its UQS pillar profile, NEU leans toward value rather than growth. The Growth pillar is rated Weak, indicating limited near-term revenue acceleration, while the Valuation pillar is rated Good — suggesting the stock may be reasonably priced for what it offers. It is better characterized as a quality-income holding than a high-growth opportunity.
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Pro Analysis
NEU — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 56.4 | 86.1 | 44.0 | 10.8 | 75.5 | 69.1 | -2.0 |
| May 7, 2026 | 58.4 | 88.1 | 44.0 | 10.6 | 76.5 | 78.3 | 0.0 |
| May 3, 2026 | 58.4 | 88.1 | 44.0 | 10.6 | 76.5 | 78.6 | 0.0 |
| Apr 26, 2026 | 58.4 | 88.1 | 44.0 | 10.6 | 76.5 | 78.2 | -0.1 |
| Apr 19, 2026 | 58.5 | 88.1 | 44.0 | 10.6 | 76.5 | 78.8 | +0.1 |
| Apr 18, 2026 | 58.4 | 88.1 | 44.0 | 10.6 | 76.5 | 78.6 | -0.5 |
| Apr 14, 2026 | 58.9 | 88.1 | 44.0 | 10.6 | 76.5 | 81.8 | -0.1 |
| Apr 12, 2026 | 59.0 | 88.1 | 44.0 | 10.6 | 76.5 | 82.2 | 0.0 |
| Apr 11, 2026 | 59.0 | 88.1 | 44.0 | 10.6 | 76.5 | 82.1 | +0.2 |
| Apr 9, 2026 | 58.8 | 88.1 | 44.0 | 10.6 | 76.5 | 81.1 | 0.0 |
NEU — Pillar Breakdown
Quality
— 85.7/100 (25%)NewMarket Corporation demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 10.8/100 (20%)NewMarket Corporation faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Risk
— 75.5/100 (15%)NewMarket Corporation carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 69.3/100 (15%)NewMarket Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 44/100 (25%)NewMarket Corporation possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for NEU.
Score Composition
Financial Data
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How is the NEU UQS Score Calculated?
The UQS (Unified Quality Score) for NewMarket Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses NewMarket Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether NewMarket Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.