| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 58 | 19.1x | 17.8x | Around median | |
Growth | 22 | -1.3% | 7.1% | Bottom tier | |
Quality | 76 | 15.5% | 4.5% | Top tier | |
Safety | 79 | 1.3x | 2.6x | Top tier | |
Capital Return | 45 | 1.32% | 2.12% | Around median | |
Momentum | 84 | 11.6% | 2.9% | Top tier | |
Sentiment | 23 | 0 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
NewMarket Corporation operates through two main businesses: petroleum additives and specialty materials. The petroleum additives business remains the largest economic driver, recording sales of $676 million in the second quarter of fiscal year 2026, while specialty materials generated $67 million, meaning petroleum additives represented approximately 90.5% of the company's $747.1 million in revenue during the period.
In the second quarter of fiscal year 2026, NewMarket's revenue increased to $747.1 million, and gross profit reached $242.4 million, equivalent to a gross margin of approximately 32.4%. Net income reached $133.8 million and earnings per share reached $14.54, compared with net income of $111 million and earnings per share of $11.84 in the second quarter of fiscal year 2025.
The petroleum additives segment generated operating profit of $149 million in the second quarter of fiscal year 2026, up from $140 million in the comparable period, driven primarily by surcharges imposed by the company to address higher costs resulting from supply disruptions in the Middle East. The specialty materials segment generated operating profit of $22 million versus $11 million, noting that the prior-period comparison does not include Calca's results because the acquisition was completed on October 1, 2025.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus stands at a neutral rating, while the 52-week range extends from $580.03 to $981.66, a spread of approximately 69.2% between the two limits, reflecting the extent of the stock's revaluation during the period. The available information does not provide a price-to-earnings ratio or a consensus price target, so the valuation assessment rests on the strength of twelve-month net income of $433.4 million against the risks of revenue concentration and volatility in the specialty materials segment.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
The petroleum additives segment is clearly the largest business, generating sales of $676 million in the second quarter of fiscal year 2026. This represents approximately 90.5% of the company's total revenue of $747.1 million during the period. The specialty materials segment recorded sales of $67 million, making it smaller but faster-growing in the presented year-over-year comparison.
Revenue reached $747.1 million and gross profit reached $242.4 million, equivalent to a gross margin of approximately 32.4%. Net income reached $133.8 million and earnings per share reached $14.54. Compared with the second quarter of fiscal year 2025, net income increased from $111 million and earnings per share increased from $11.84.
The segment's operating profit increased to $149 million in the second quarter of fiscal year 2026 from $140 million in the comparable period. Management explained that the main reason was the surcharges it imposed in response to higher costs resulting from supply chain disruptions in the Middle East. The segment's sales increased during the same period to $676 million from $654 million.
The segment's sales increased to $67 million in the second quarter of fiscal year 2026 from $42 million, and its operating profit doubled to $22 million from $11 million. The comparable-period figures do not include Calca's results because the acquisition was completed on October 1, 2025, so the comparison does not reflect purely organic growth. The company is also expanding production of ammonium perchlorate and high-purity hydrazine, with the additional capacity expected to become operational near the end of fiscal year 2026.
The company returned $182 million to shareholders during the first half of fiscal year 2026. This included $56 million in dividends and $126 million in share repurchases. At the same time, the net debt-to-earnings before interest, taxes, depreciation, and amortization ratio improved to 1.0 times as of June 30, 2026.
Approximately 90.5% of revenue in the second quarter of fiscal year 2026 comes from petroleum additives, creating high concentration in a single business. Sales in this segment also remained nearly flat at $1.3 billion in the first half of fiscal year 2026, while supply disruptions in the Middle East led to higher costs that the company addressed through surcharges. In specialty materials, management highlighted quarter-to-quarter variability in results, and first-half operating profit remained nearly flat at $35 million despite sales increasing to $125 million.
