NewMarket Corporation reported third-quarter 2026 net income of $124.1 million, or $13.50 per share, versus $100.3 million, or $10.67 per share, a year earlier. For the first nine months, net income was $375.9 million, or $40.64 per share, compared with $337.5 million, or $35.78 per share. Higher operating profit and a lower effective tax rate were the primary drivers of the increases.
Third-quarter net sales were $716.5 million versus $690.3 million. Petroleum additives sales were $651.0 million and operating profit was $130.9 million, compared with $649.1 million and $131.3 million; shipments declined 8% amid lubricant-additives market softness, while surcharges addressed higher costs from Middle East supply-chain disruptions. Specialty materials sales were $62.0 million versus $38.2 million, and operating profit was $16.4 million versus $6.0 million. The company attributed sales growth to shipment mix and the inclusion of Calca Solutions, acquired October 1, 2025, and operating profit growth to shipment mix.
During the first nine months, NewMarket funded $88.5 million in capital expenditures, paid $83.1 million in dividends and repurchased over 200 thousand shares for $126.4 million. Its non-GAAP net debt to EBITDA ratio was 1.0x as of September 30, 2026. The company said it looks forward to completing ammonium perchlorate and high-purity hydrazine capacity expansion projects by the end of 2026.
NewMarket Corp (NEU) director James E. Rogers reported a bona fide gift disposition of 12 common shares on October 2, 2026. The shares were held directly, and the reported transaction price was $0.00 per share. No Rule 10b5-1 plan is reported.
NEWMARKET CORP (NEU) insider and ten percent owner Bruce C. Gottwald reported a bona fide gift transfer of 132 shares of Common Stock on September 9, 2026. After this gift, he holds 361,623 shares directly, plus indirect holdings through a 2025 GRAT and shares held by his wife. No Rule 10b5-1 trading plan is reported.
NewMarket Corporation reported that its Board of Directors declared a quarterly cash dividend of $3.00 per share on its common stock. The dividend is payable on October 1, 2026 to shareholders of record at the close of business on September 15, 2026.
NewMarket operates through subsidiaries Afton Chemical and Ethyl, which supply chemical additives for petroleum products, American Pacific Corporation, which manufactures specialty materials for solid rocket motors, and Calca Solutions, a producer of Ultra Pure and high-purity hydrazine for aerospace and defense applications. The company also includes the usual cautionary language that some statements are “forward-looking” under the Private Securities Litigation Reform Act of 1995.
NewMarket Corporation reported solid results for the quarter ended June 30, 2026. Consolidated net sales were $747.1 million, up 7.0% from the prior-year quarter, with net income of $133.8 million and earnings per share of $14.54. For the first six months, net sales were $1.42 billion and net income was $251.8 million, with EPS of $27.14.
The petroleum additives segment generated second-quarter net sales of $675.6 million, up 3.3%, as higher selling prices and surcharges offset lower volumes; operating profit rose to $149.4 million with a 22.1% margin and a rolling four-quarter margin of 20.7%. Specialty materials net sales increased to $67.2 million in the quarter and $125.3 million for the first half, reflecting favorable mix and the inclusion of Calca, with operating profit of $34.8 million for six months.
Liquidity remained strong with $93.6 million in cash, $854.8 million of long-term debt, a leverage ratio of 1.20, and $589 million of unused revolver capacity. Cash from operating activities was $286.2 million for the first half, funding $51.7 million of capital expenditures, $55.6 million in dividends ($6.00 per share), and $126.4 million of share repurchases under a $500 million authorization.
NewMarket Corporation reported higher profitability for the second quarter and first half of 2026. Net income for the quarter was $133.8 million, or $14.54 per share, up from $111.2 million, or $11.84 per share, a year earlier. First half net income was $251.8 million, with earnings per share of $27.14, compared with $237.2 million and $25.11 in 2025.
Petroleum additives second quarter sales were $675.6 million with operating profit of $149.4 million, both above 2025 levels, supported by surcharges to offset higher costs and efficiency efforts. Specialty materials delivered strong growth, with Q2 sales of $67.2 million and operating profit of $22.3 million. Robust first half cash generation funded $51.7 million of capital spending, $55.6 million of dividends, and $126.4 million of share repurchases, while Net Debt to EBITDA improved to 1.0x.
ROGERS JAMES E reported acquisition or exercise transactions in this Form 4 filing.
NewMarket Corp director James E. Rogers received an annual stock grant of 157 shares of common stock as compensation for his board service. The shares were issued at no cash cost to him under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan, bringing his direct holdings to 3,897 shares after the award.
GAMBILL MARK M reported acquisition or exercise transactions in this Form 4 filing.
NewMarket Corporation director Mark M. Gambill received 157 shares of common stock as an annual stock grant for non-employee directors. The shares were issued at no cost under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan, bringing his directly held stake to 4,149 shares.
Harris H Hiter III reported acquisition or exercise transactions in this Form 4 filing.
NewMarket Corporation director Harris H. Hiter III received an annual stock grant of 157 shares of Common Stock as compensation for service as a non-employee director. The shares were issued at no cost under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan, bringing his direct holdings to 2,239 shares.
Ukrop Lowell Simmons reported acquisition or exercise transactions in this Form 4 filing.
NewMarket Corporation director Ukrop Lowell Simmons received an award of 157 shares of common stock, bringing direct holdings to 494 shares. The shares were granted as an annual stock grant to non-employee directors under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan, with no cash paid per share.