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NewMarket (NewMarket) Revenue

: $2,698 Mil (TTM As of Dec. 2023)
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NewMarket's revenue for the three months ended in Dec. 2023 was $643 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,698 Mil. NewMarket's Revenue per Share for the three months ended in Dec. 2023 was $67.32. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $281.56.

Warning Sign:

NewMarket Corp revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of NewMarket was 2.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 15.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, NewMarket's highest 3-Year average Revenue per Share Growth Rate was 19.10% per year. The lowest was -31.60% per year. And the median was 7.00% per year.


NewMarket Revenue Historical Data

The historical data trend for NewMarket's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewMarket Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,190.30 2,010.93 2,356.11 2,764.80 2,698.42

NewMarket Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 682.56 702.79 685.13 667.15 643.35

Competitive Comparison

For the Specialty Chemicals subindustry, NewMarket's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NewMarket Revenue Distribution

For the Chemicals industry and Basic Materials sector, NewMarket's Revenue distribution charts can be found below:

* The bar in red indicates where NewMarket's Revenue falls into.



NewMarket Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,698 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewMarket  (NYSE:NEU) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


NewMarket Revenue Related Terms

Thank you for viewing the detailed overview of NewMarket's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


NewMarket (NewMarket) Business Description

Traded in Other Exchanges
Address
330 South Fourth Street, Richmond, VA, USA, 23219-4350
NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels. More revenue comes from the United States than any other geographic region.
Executives
Lowell Simmons Ukrop director 330 SOUTH 4TH ST, RICHMOND VA 23219
James E Rogers director 1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Gail Ridgeway officer: Controller 330 SOUTH 4TH STREET, RICHMOND VA 23219
Ting Xu director 330 S 4TH ST, RICHMOND VA 23219
Jewett Bryce Dickinson Iii officer: VP and General Counsel 330 SOUTH 4TH STREET, RICHMOND VA 23219
Hazelgrove Bruce R Iii officer: VP - Corporate Resources 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Thomas E Gottwald director, officer: President & CEO 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Regina A Harm officer: President Afton Chemical Corp 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Cameron D. Warner officer: Treasurer 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Robert A. Shama officer: President Afton Chemical Corp 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Harris H Hiter Iii director 330 SOUTH FOURTH STREET, RICHMOND VA 23219-4350
Brian D Paliotti officer: Vice President & CFO 330 SOUTH 4TH STREET, RICHMOND VA 23219
David A Fiorenza officer: Vice President and Treasurer
William J Skrobacz officer: Controller 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Patrick D Hanley director 1000 SEMMES AVE, RICHMOND VA 23224