Business
NewMarket Corporation Reports First Quarter 2026 Results
RICHMOND, Va., April 22, 2026--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company’s operations for the first quarter of 2026.
About this update from Newmarket Corp
[{"type":"list","items":[{"val":[{"type":"text","content":"Net Income of $118 million and Earnings per Share of $12.62","length":59,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Segment Operating Profit of $147 million","length":40,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Stock repurchases of $126 million","length":33,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":132,"olType":false},{"type":"text","content":"RICHMOND, Va., April 22, 2026--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company’s operations for the first quarter of 2026.","length":236,"tagName":"p"},{"type":"text","content":"Net income for the first quarter of 2026 was $118.1 million, or $12.62 per share, compared to net income of $125.9 million, or $13.26 per share, for the first quarter of 2025.","length":175,"tagName":"p"},{"type":"text","content":"Petroleum additives sales for the first quarter of 2026 were $609.8 million, compared to $645.6 million for the same period in 2025. Petroleum additives operating profit for the first quarter of 2026 was $135.0 million, compared to $142.1 million for the first quarter of 2025. The decrease in petroleum additives operating profit was primarily driven by a 7% decline in shipments between quarterly periods due to softness in the market and our strategic decision to examine and reduce low-margin business. The decline in shipments was mainly driven by lower lubricant additives shipments partially offset by an increase in fuel additives shipments. Despite the lower shipments, our operating profit margin for the first quarter of 2026 remained strong as a result of our continued focus on operational efficiency.","length":814,"tagName":"p"},{"type":"text","content":"Specialty materials sales were $58.1 million for the first quarter of 2026, compared to $53.7 million for the first quarter of 2025. The increase in specialty materials sales is driven by the inclusion of the Calca Solutions, LLC (Calca) business that was acquired on October 1, 2025, partially offset by a shift in product shipment mix at American Pacific Corporation (AMPAC). Specialty materials operating profit was $12.4 million for the first quarter of 2026, compared to operating profit of $23.2 million for the firs...