Earnings Summary

Newmarket Corporation’s revenue fell -5.32% since last year same period to $685.13Mn in the Q2 2023. On a quarterly growth basis, Newmarket Corporation has generated -2.51% fall in its revenue since last 3-months.

Newmarket Corporation’s net profit jumped 49.87% since last year same period to $99.62Mn in the Q2 2023. On a quarterly growth basis, Newmarket Corporation has generated 2.09% jump in its net profits since last 3-months.

Newmarket Corporation’s net profit margin jumped 58.3% since last year same period to 14.54% in the Q2 2023. On a quarterly growth basis, Newmarket Corporation has generated 4.72% jump in its net profit margins since last 3-months.

Newmarket Corporation’s earning per share (EPS) estimates for the current quarter stand at 5.6 - a -19.66% fall from last quarter’s estimates.

Newmarket Corporation’s earning per share (EPS) estimates for the current year stand at 5.6.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Newmarket Corporation’s return on assets (ROA) stands at 0.13.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Newmarket Corporation’s return on equity (ROE) stands at 0.43.

Newmarket Corporation declared 2.1 dividend per share during the earnings announcement for Q1 2023.