NewMarket (NEU) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

NewMarket Revenue Highlights

Latest Revenue (Y)

$2.70B

Latest Revenue (Q)

$724.95M

Main Segment (Y)

Petroleum Additives

Main Geography (Y)

UNITED STATES

NewMarket Revenue by Period

NewMarket Revenue by Year

Date	Revenue	Change
2023-12-31	$2.70B	-2.40%
2022-12-31	$2.76B	17.35%
2021-12-31	$2.36B	17.17%
2020-12-31	$2.01B	-8.19%
2019-12-31	$2.19B	-4.34%
2018-12-31	$2.29B	4.15%
2017-12-31	$2.20B	7.27%
2016-12-31	$2.05B	-4.27%
2015-12-31	$2.14B	-8.33%
2014-12-31	$2.34B	2.41%
2013-12-31	$2.28B	2.57%
2012-12-31	$2.22B	3.43%
2011-12-31	$2.15B	19.59%
2010-12-31	$1.80B	17.47%
2009-12-31	$1.53B	-5.40%
2008-12-31	$1.62B	17.64%
2007-12-31	$1.37B	8.83%
2006-12-31	$1.26B	17.46%
2005-12-31	$1.08B	20.29%
2004-12-31	$894.11M	18.22%
2003-12-31	$756.34M	15.23%
2002-12-31	$656.35M	-9.40%
2001-12-31	$724.46M	-11.74%
2000-12-31	$820.87M	-2.71%
1999-12-31	$843.70M	-13.40%
1998-12-31	$974.20M	-8.41%
1997-12-31	$1.06B	-7.49%
1996-12-31	$1.15B	19.70%
1995-12-31	$960.50M	-18.19%
1994-12-31	$1.17B	-39.43%
1993-12-31	$1.94B	-

NewMarket generated $2.70B in revenue during NA 2023, up -2.40% compared to the previous quarter, and up 117.85% compared to the same period a year ago.

NewMarket Revenue by Quarter

Date	Revenue	Change
2024-09-30	$724.95M	2.07%
2024-06-30	$710.23M	1.94%
2024-03-31	$696.74M	8.30%
2023-12-31	$643.35M	-3.57%
2023-09-30	$667.15M	-2.62%
2023-06-30	$685.13M	-2.51%
2023-03-31	$702.79M	2.96%
2022-12-31	$682.56M	-1.94%
2022-09-30	$696.05M	-3.81%
2022-06-30	$723.64M	9.22%
2022-03-31	$662.55M	14.91%
2021-12-31	$576.57M	-7.34%
2021-09-30	$622.21M	5.33%
2021-06-30	$590.72M	4.25%
2021-03-31	$566.62M	7.36%
2020-12-31	$527.78M	2.91%
2020-09-30	$512.87M	24.83%
2020-06-30	$410.86M	-26.55%
2020-03-31	$559.42M	4.67%
2019-12-31	$534.45M	-3.85%
2019-09-30	$555.82M	-1.35%
2019-06-30	$563.42M	4.99%
2019-03-31	$536.62M	-0.32%
2018-12-31	$538.31M	-4.41%
2018-09-30	$563.17M	-5.97%
2018-06-30	$598.95M	1.65%
2018-03-31	$589.25M	5.23%
2017-12-31	$559.98M	2.11%
2017-09-30	$548.42M	0.22%
2017-06-30	$547.19M	0.81%
2017-03-31	$542.82M	8.21%
2016-12-31	$501.63M	-2.80%
2016-09-30	$516.09M	-1.10%
2016-06-30	$521.81M	2.33%
2016-03-31	$509.93M	6.32%
2015-12-31	$479.62M	-11.33%
2015-09-30	$540.93M	-3.53%
2015-06-30	$560.71M	0.20%
2015-03-31	$559.57M	1.95%
2014-12-31	$548.88M	-6.92%
2014-09-30	$589.67M	-4.96%
2014-06-30	$620.44M	7.64%
2014-03-31	$576.42M	3.60%
2013-12-31	$556.37M	-4.15%
2013-09-30	$580.46M	-0.57%
2013-06-30	$583.78M	3.76%
2013-03-31	$562.61M	8.99%
2012-12-31	$516.18M	-6.83%
2012-09-30	$554.04M	-6.16%
2012-06-30	$590.41M	4.93%
2012-03-31	$562.68M	11.30%
2011-12-31	$505.56M	-9.30%
2011-09-30	$557.40M	-3.65%
2011-06-30	$578.52M	13.86%
2011-03-31	$508.08M	10.30%
2010-12-31	$460.65M	-2.36%
2010-09-30	$471.78M	0.41%
2010-06-30	$469.84M	18.91%
2010-03-31	$395.13M	-2.25%
2009-12-31	$404.24M	-3.25%
2009-09-30	$417.83M	12.65%
2009-06-30	$370.92M	10.02%
2009-03-31	$337.13M	-8.54%
2008-12-31	$368.60M	-16.34%
2008-09-30	$440.60M	3.46%
2008-06-30	$425.88M	11.39%
2008-03-31	$382.35M	5.01%
2007-12-31	$364.12M	-

NewMarket generated $724.95M in revenue during Q3 2024, up 2.07% compared to the previous quarter, and up 105.81% compared to the same period a year ago.

NewMarket Revenue Breakdown

NewMarket Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Petroleum Additives	$2.69B	$2.75B	$2.34B	$2.00B	$2.18B
Other Segments	$8.71M	$10.49M	$12.17M	$9.36M	$14.39M

NewMarket's latest annual revenue breakdown by segment (product or service), as of Dec 23: Petroleum Additives (99.68%), and Other Segments (0.32%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Petroleum Additives	$663.01M	$669.83M	$642.03M	$663.72M	$683.97M	$699.99M	$680.29M	$692.69M	$721.02M	$660.30M	$573.39M	$619.07M	$586.59M	$564.90M	$525.21M	$510.28M	$408.70M	$557.37M	$531.77M	$550.63M
Other Operating Segment	$2.84M	$2.39M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Specialty Materials	$59.09M	$38.01M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Segments	-	-	$1.32M	$3.43M	$1.16M	$2.80M	$2.27M	$3.36M	$2.62M	$2.25M	$3.18M	$3.14M	$4.13M	$1.72M	$2.57M	$2.59M	$2.16M	$2.04M	$2.67M	$5.19M

NewMarket's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Petroleum Additives (91.46%), Specialty Materials (8.15%), and Other Operating Segment (0.39%).

NewMarket Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
AsiaPacficexclChina	$396.79M	$435.68M	$325.62M	$279.85M	$311.47M
UNITED STATES	$972.95M	$974.96M	$780.28M	$650.65M	$728.13M
Other Foreign	$350.75M	$365.09M	$286.32M	$215.00M	$225.12M
Europe, Middle East, Africa, India	$791.74M	$807.78M	$708.67M	$651.64M	$700.08M
CHINA	$186.18M	$181.28M	$255.22M	$213.79M	$225.50M

NewMarket's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (36.06%), Europe, Middle East, Africa, India (29.34%), AsiaPacficexclChina (14.70%), Other Foreign (13.00%), and CHINA (6.90%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Other Foreign	$81.34M	$85.39M	$82.97M	$90.13M	$87.42M	$90.23M	$99.61M	$86.17M	$94.98M	$84.33M	$71.40M	$76.05M	$75.81M	$63.06M	$62.20M	$55.27M	$35.79M	$61.74M	$59.02M	$57.26M
UNITED STATES	$305.38M	$273.48M	$227.48M	$246.46M	$242.61M	$256.40M	$258.05M	$242.63M	$249.59M	$224.69M	$199.48M	$219.91M	$190.56M	$170.32M	$173.80M	$175.09M	$119.93M	$181.84M	$176.25M	$191.83M
Asia Pacific	$136.69M	$149.00M	$129.72M	$152.24M	$151.95M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Europe, Middle East, Africa, India	$201.54M	$202.35M	$183.83M	$200.84M	$202.86M	$204.21M	$191.34M	$217.11M	$203.34M	$195.99M	$174.94M	$188.60M	$168.48M	$176.65M	$168.59M	$161.48M	$130.94M	$190.62M	$173.48M	$179.69M
CHINA	-	-	-	-	-	-	$36.27M	$30.58M	$61.73M	$52.70M	$52.70M	$56.47M	$72.06M	$73.99M	$54.02M	$56.53M	$57.44M	$45.80M	$54.87M	$49.22M
AsiaPacficexclChina	-	-	-	-	-	-	$97.28M	$119.57M	$114.00M	$104.84M	$78.05M	$81.17M	$83.80M	$82.60M	$69.18M	$64.50M	$66.76M	$79.41M	$70.82M	$77.82M

NewMarket's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (42.12%), Europe, Middle East, Africa, India (27.80%), Asia Pacific (18.86%), and Other Foreign (11.22%).

NewMarket Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CBT	Cabot	$3.93B	$1.02B
FUL	H.B. Fuller Company	$3.51B	$917.93M
NEU	NewMarket	$2.70B	$724.95M
MTX	Minerals	$2.17B	$524.70M
KWR	Quaker Chemical	$1.95B	$462.27M
IOSP	Innospec	$1.95B	$435.00M
SXT	Sensient	$1.46B	$392.61M
ODC	Oil-Dri Corporation of America	$437.59M	$106.78M

NEU Revenue FAQ

What is NewMarket’s yearly revenue?

NewMarket's yearly revenue for 2023 was $2.7B, representing a decrease of -2.40% compared to 2022. The company's yearly revenue for 2022 was $2.76B, representing an increase of 17.35% compared to 2021. NEU's yearly revenue for 2021 was $2.36B, representing an increase of 17.17% compared to 2020.

What is NewMarket’s quarterly revenue?

NewMarket's quarterly revenue for Q3 2024 was $724.95M, a 2.07% increase from the previous quarter (Q2 2024), and a 8.66% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $710.23M, a 1.94% increase from the previous quarter (Q1 2024), and a 3.66% increase year-over-year (Q2 2023). NEU's quarterly revenue for Q1 2024 was $696.74M, a 8.30% increase from the previous quarter (Q4 2023), and a -0.86% decrease year-over-year (Q1 2023).

What is NewMarket’s revenue growth rate?

NewMarket's revenue growth rate for the last 3 years (2021-2023) was 14.53%, and for the last 5 years (2019-2023) was 23.20%.

What are NewMarket’s revenue streams?

NewMarket's revenue streams in c 23 are Petroleum Additives, and Other Segments. Petroleum Additives generated $2.69B in revenue, accounting 99.68% of the company's total revenue, down -2.35% year-over-year. Other Segments generated $8.71M in revenue, accounting 0.32% of the company's total revenue, down -16.96% year-over-year.

What is NewMarket’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of NewMarket was Petroleum Additives. This segment made a revenue of $2.69B, representing 99.68% of the company's total revenue.