NYSE$NEU

NewMarket Corporation · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported fourth quarter and full year results with a net income of $90.5 million, or $9.26 per share for the quarter.

NewMarket Corporation reported a net income of $90.5 million, or $9.26 per share, for the fourth quarter of 2022. Petroleum additives sales for the quarter were $680.3 million with an operating profit of $117.1 million. The company continues to focus on margin recovery and cost control.

  • Net income for the fourth quarter of 2022 was $90.5 million, or $9.26 per share.
  • Petroleum additives sales for the fourth quarter were $680.3 million.
  • Petroleum additives operating profit for the fourth quarter was $117.1 million.
  • Shipments decreased 2.9% between periods, primarily due to decreases in lubricant additives shipments.

Headline financials

Total Revenue

$683M

Previous: $577M+18.4%
EPS (adj)

$9.26

Previous: $1.65+461.2%
Net Debt to EBITDA

2

No prior period
Capital Expenditures

$15.8M

Previous: $14.9M+5.8%
Free Cash Flow

$76.9M

Previous: $5.41M+1321.5%
Net Income

$90.5M

Previous: $17.2M+426.1%
Operating Income

$110M

Previous: $35.4M+209.2%
Gross Profit

$180M

Previous: $107M+68.2%
Cash & Equivalents

$68.7M

Previous: $83.3M-17.5%
Total Assets

$2.41B

Previous: $2.56B-5.9%

Revenue & EPS history

NewMarket · Revenue · Quarterly

$683M

Q4 2022+18.4%vs Q4 2021

Revenue by segment

NewMarket · $683M total across 2 segments · Q4 2022

  • Petroleum Additives
    $680M+18.6%
  • All Other
    $2.27M-28.7%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-0.2%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

47%

32 / 68 earnings

Positive

+14.5%

Q3 2012

Best reaction

-14.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.2%+6.3%+14.8%
Q4 2025-14.4%-14.0%-16.2%
Q3 2025+3.0%+4.9%+2.1%
Q1 2025+5.4%+4.0%+11.2%
Q4 2024+5.0%+6.5%+12.6%
Q3 2024+4.0%+3.4%+4.4%
Q2 2024+0.8%-2.0%-0.8%
Q1 2024-9.0%-8.8%-7.4%
Q4 2023+5.0%+3.1%+13.8%
Q3 2023+8.6%+6.5%+17.6%
Q2 2023+1.4%+2.4%+3.2%
Q1 2023+8.3%+9.6%+8.8%
Q4 2022+8.5%+6.7%+3.2%
Q3 2022-4.8%-2.1%+1.6%
Q2 2022-2.8%-3.4%-8.7%
Q1 2022+5.5%+7.4%+7.3%
Q4 2021-9.9%-11.2%-1.4%
Q3 2021-11.5%-9.3%-8.7%
Q2 2021+3.9%+5.3%+13.5%
Q1 2021-7.0%-6.5%-10.3%
Q4 2020-3.0%-3.3%-4.2%
Q3 2020+2.6%+5.5%+7.9%
Q2 2020-10.0%-11.4%-11.8%
Q1 2020+4.5%+8.6%+10.2%
Q4 2019-2.8%-3.2%-4.9%
Q3 2019+4.0%+4.2%+7.2%
Q2 2019+3.6%+3.6%+10.5%
Q1 2019-4.8%-3.1%-5.9%
Q4 2018+6.9%+7.1%+10.8%
Q3 2018-2.7%-0.9%+6.3%
Q2 2018-8.0%-7.2%-2.5%
Q1 2018+1.7%-4.1%-4.8%
Q4 2017+2.7%+1.9%+10.5%
Q3 2017-5.0%-7.0%-8.1%
Q2 2017-4.6%-5.2%-9.0%
Q1 2017+2.3%+1.0%+1.7%
Q4 2016-0.0%-0.5%+1.1%
Q3 2016-0.2%-0.0%+2.5%
Q2 2016+5.4%+2.7%+3.4%
Q1 2016-1.5%
Q4 2015-9.0%
Q3 2015-3.8%
Q2 2015-6.1%
Q1 2015+1.9%
Q4 2014+5.8%
Q3 2014-2.0%
Q2 2014+0.1%
Q1 2014-6.7%
Q4 2013+5.9%
Q3 2013-0.1%
Q2 2013+0.4%
Q1 2013-0.7%
Q4 2012-9.1%
Q3 2012+14.5%
Q2 2012-0.1%
Q1 2012+14.4%
Q4 2011-1.2%
Q4 2008-1.2%
Q3 2011+2.2%
Q2 2011-5.1%
Q1 2010+1.1%
Q1 2011+0.5%
Q4 2010-6.3%
Q3 2010-0.1%
Q3 2009-0.1%
Q4 2009-1.6%
Q2 2010-1.6%
Q2 2009-1.6%

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