NewMarket Corporation (NEU)

Materials · NYQ

$906.82+1.04% today

Price as at 1 Oct 2026, 15:19 UTC. Quotes are delayed.

Fundamentals

Market cap$6.75B
P/E ratio17.3
Dividend yield1.55%
Revenue growth (YoY)-4.5%
Profit margin15.3%
Return on equity25.3%
52-week range$580.03 to $981.66

Valuation and ratings

Fair value estimate$360.48
Upside to fair value-60.2%
Moat score54/100
Overall rating36/100, low quality

Fair value: $360.48 (-60.2%), see how we got there

NewMarket Corporation trades at $906.82, which is 60% above the $360.48 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 54 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 17.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

NEU dividend history

Dividend yield1.55%
Paid, trailing 12 months$12.00 per share
Most recent payment$3.00, ex 15 Sept 2026
5-year growth (p.a.)+8.2%
Consecutive years of growth7
Consecutive years paid20

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$9.003
2025$11.254
2024$10.004
2023$8.854
2022$8.404
2021$8.004
2020$7.604
2019$7.304
2018$7.004
2017$7.004
2016$6.404

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

About NewMarket Corporation

NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. It offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, greases, industrial gear fluids, and industrial specialty applications comprising turbine oils. The company also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, it engages in the marketing of antiknock compounds, as well as contracted manufacturing and related services; and owns and manages a real property in Virginia. The company operates in North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, India, and internationally. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.

Industry: Specialty ChemicalsEmployees: 2,050HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

NEU passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

NEU peers

The largest companies in the same industry (Specialty Chemicals), then in the same sector.

Every materials company we cover is on the Materials hub.

Common questions

Is NewMarket Corporation (NEU) undervalued?

Against our fair value estimate of $360.48, NEU at $906.82 is 60% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own NEU?

11 of the institutions we track reported a position in NEU in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is NEU's P/E ratio?

NEU trades at 17.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does NewMarket Corporation (NEU) pay a dividend?

Yes. NewMarket Corporation yields 1.55% at the current share price. It has paid $12.00 per share over the trailing twelve months. It has paid a dividend in each of the last 20 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its NEU data?

Fundamentals for NEU come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 15:19 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for NEU, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.