NewMarket Corporation
NEU
Rank in Stocks
#2415
NewMarket Corporation, through its various subsidiaries, operates primarily in... 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. These formulations cater to diverse applications, including engine oils (used in passenger cars, motorcycles, heavy-duty commercial vehicles, locomotives, and marine engines), driveline systems (such as transmission and axle fluids, and lubricants for off-road powertrains), and a variety of industrial fluids (like hydraulic fluids, greases, industrial gear lubricants, and specialized turbine oils). Essentially, these additives are engineered to enhance components wherever metal surfaces engage in motion. Additionally, NewMarket engineers fuel additives that contribute to the efficiency of the oil refining process and notably improve the properties and performance of different fuels, including gasoline, diesel, and biofuels. These essential products are distributed to a broad spectrum of clients, encompassing industrial enterprises, governmental entities, original equipment manufacturers, and individual end-users. Beyond its core additive offerings, the corporation is also involved in producing antiknock compounds, delivering contract manufacturing services, and owns and oversees a real estate holding located in Virginia. Founded in 1887, NewMarket Corporation is headquartered in Richmond, Virginia, and maintains a significant global footprint with operations spanning North America, Latin America, the Asia Pacific region, Europe, the Middle East, Africa, and India.
Share Price
$881.58
Last synced: 2026-10-19
Market Cap
$8.11B
Change (1 day)
0.90%
Change (1 year)
17.57%
Country
US
Trade NewMarket Corporation (NEU)
Category
Basic Materials
P/E ratio for NewMarket Corporation (NEU)
P/E ratio as of October 2026 TTM: 19.19
According to NewMarket Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.19. At the end of 2023 the company had a P/E ratio of 13.45.
P/E ratio history for NewMarket Corporation from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 19.19 | 75.73% |
| 2024 | 10.92 | -18.79% |
| 2023 | 13.45 | 20.44% |
| 2022 | 11.17 | -42.16% |
| 2021 | 19.31 | 19.67% |
| 2020 | 16.14 | -24.47% |
| 2019 | 21.36 | 5.68% |
| 2018 | 20.22 | -18.04% |
| 2017 | 24.66 | 19.77% |
| 2016 | 20.59 | 5.43% |
| 2015 | 19.53 | -10.90% |
| 2014 | 21.92 | 30.68% |
| 2013 | 16.77 | 14.34% |
| 2012 | 14.67 | 11.78% |
| 2011 | 13.12 | 28.89% |
| 2010 | 10.18 | -5.32% |
| 2009 | 10.75 | 46.84% |
| 2008 | 7.32 | -36.93% |
| 2007 | 11.61 | -34.32% |
| 2006 | 17.68 | 79.91% |
| 2005 | 9.83 | -3.49% |
| 2004 | 10.18 | 3.10% |
| 2003 | 9.88 | -9.64% |
| 2002 | 10.93 | -1,595.50% |
| 2001 | -0.73 | -134.20% |
| 2000 | 2.14 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 31.66 | 65.01% |
GB
|
|
| - | - |
FR
|
|
| 29.64 | 54.45% |
US
|
|
| 38.37 | 99.96% |
US
|
|
| -1.41K | -7,428.90% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.