NewMarket Corp
NYSE:NEU
Income Statement
Earnings Waterfall
NewMarket Corp
Revenue
|
2.7B
USD
|
Cost of Revenue
|
-1.9B
USD
|
Gross Profit
|
790.8m
USD
|
Operating Expenses
|
-292.1m
USD
|
Operating Income
|
498.7m
USD
|
Other Expenses
|
-101.1m
USD
|
Net Income
|
397.7m
USD
|
Income Statement
NewMarket Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 297
N/A
|
2 334
+2%
|
2 343
+0%
|
2 335
0%
|
2 319
-1%
|
2 259
-3%
|
2 210
-2%
|
2 141
-3%
|
2 091
-2%
|
2 052
-2%
|
2 027
-1%
|
2 050
+1%
|
2 082
+2%
|
2 108
+1%
|
2 140
+2%
|
2 198
+3%
|
2 245
+2%
|
2 297
+2%
|
2 311
+1%
|
2 290
-1%
|
2 237
-2%
|
2 202
-2%
|
2 194
0%
|
2 190
0%
|
2 213
+1%
|
2 061
-7%
|
2 018
-2%
|
2 011
0%
|
2 018
+0%
|
2 198
+9%
|
2 307
+5%
|
2 356
+2%
|
2 452
+4%
|
2 585
+5%
|
2 659
+3%
|
2 765
+4%
|
2 805
+1%
|
2 767
-1%
|
2 738
-1%
|
2 698
-1%
|
2 692
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 650)
|
(1 676)
|
(1 683)
|
(1 670)
|
(1 634)
|
(1 585)
|
(1 527)
|
(1 462)
|
(1 418)
|
(1 370)
|
(1 343)
|
(1 372)
|
(1 412)
|
(1 452)
|
(1 503)
|
(1 562)
|
(1 621)
|
(1 690)
|
(1 723)
|
(1 704)
|
(1 656)
|
(1 595)
|
(1 566)
|
(1 560)
|
(1 555)
|
(1 477)
|
(1 430)
|
(1 416)
|
(1 442)
|
(1 578)
|
(1 716)
|
(1 808)
|
(1 911)
|
(2 027)
|
(2 091)
|
(2 124)
|
(2 122)
|
(2 045)
|
(1 963)
|
(1 926)
|
(1 901)
|
|
Gross Profit |
647
N/A
|
658
+2%
|
659
+0%
|
665
+1%
|
685
+3%
|
674
-2%
|
683
+1%
|
679
-1%
|
673
-1%
|
682
+1%
|
685
+0%
|
677
-1%
|
670
-1%
|
656
-2%
|
637
-3%
|
636
0%
|
624
-2%
|
607
-3%
|
589
-3%
|
585
-1%
|
582
-1%
|
606
+4%
|
628
+4%
|
630
+0%
|
658
+4%
|
584
-11%
|
588
+1%
|
595
+1%
|
576
-3%
|
620
+8%
|
592
-5%
|
548
-7%
|
541
-1%
|
558
+3%
|
568
+2%
|
641
+13%
|
683
+7%
|
722
+6%
|
775
+7%
|
773
0%
|
791
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(301)
|
(301)
|
(302)
|
(303)
|
(312)
|
(317)
|
(317)
|
(322)
|
(321)
|
(321)
|
(320)
|
(322)
|
(321)
|
(316)
|
(321)
|
(314)
|
(310)
|
(313)
|
(305)
|
(293)
|
(287)
|
(281)
|
(283)
|
(293)
|
(294)
|
(291)
|
(284)
|
(283)
|
(285)
|
(287)
|
(294)
|
(290)
|
(289)
|
(292)
|
(287)
|
(285)
|
(286)
|
(284)
|
(284)
|
(289)
|
(292)
|
|
Selling, General & Administrative |
(163)
|
(164)
|
(165)
|
(164)
|
(166)
|
(166)
|
(163)
|
(164)
|
(163)
|
(163)
|
(163)
|
(162)
|
(161)
|
(160)
|
(165)
|
(168)
|
(168)
|
(171)
|
(165)
|
(152)
|
(148)
|
(141)
|
(142)
|
(148)
|
(147)
|
(147)
|
(144)
|
(143)
|
(144)
|
(143)
|
(148)
|
(146)
|
(145)
|
(148)
|
(144)
|
(145)
|
(149)
|
(148)
|
(150)
|
(151)
|
(156)
|
|
Research & Development |
(138)
|
(137)
|
(137)
|
(139)
|
(147)
|
(151)
|
(154)
|
(158)
|
(158)
|
(158)
|
(156)
|
(161)
|
(160)
|
(156)
|
(156)
|
(146)
|
(142)
|
(142)
|
(140)
|
(140)
|
(139)
|
(140)
|
(141)
|
(145)
|
(147)
|
(143)
|
(140)
|
(140)
|
(141)
|
(143)
|
(145)
|
(144)
|
(144)
|
(144)
|
(143)
|
(140)
|
(137)
|
(136)
|
(133)
|
(138)
|
(136)
|
|
Operating Income |
346
N/A
|
357
+3%
|
358
+0%
|
363
+1%
|
372
+3%
|
357
-4%
|
366
+3%
|
357
-3%
|
352
-1%
|
361
+2%
|
365
+1%
|
355
-3%
|
350
-1%
|
339
-3%
|
316
-7%
|
323
+2%
|
314
-3%
|
294
-6%
|
284
-4%
|
293
+3%
|
294
+0%
|
326
+11%
|
346
+6%
|
337
-2%
|
364
+8%
|
293
-19%
|
304
+4%
|
312
+3%
|
291
-7%
|
334
+15%
|
298
-11%
|
258
-13%
|
252
-2%
|
265
+5%
|
281
+6%
|
355
+26%
|
397
+12%
|
437
+10%
|
491
+12%
|
483
-2%
|
499
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(17)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(15)
|
(15)
|
(19)
|
(21)
|
(21)
|
(17)
|
(19)
|
(19)
|
(21)
|
(22)
|
(22)
|
(22)
|
(24)
|
(27)
|
(30)
|
(32)
|
(31)
|
(29)
|
(28)
|
(28)
|
(27)
|
(26)
|
(26)
|
(28)
|
(30)
|
(34)
|
(37)
|
(36)
|
(35)
|
(35)
|
(37)
|
(40)
|
(41)
|
(37)
|
(42)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
(3)
|
(2)
|
(7)
|
(7)
|
(3)
|
(7)
|
(3)
|
1
|
(1)
|
3
|
5
|
12
|
16
|
19
|
15
|
16
|
20
|
25
|
24
|
25
|
23
|
21
|
24
|
25
|
26
|
45
|
46
|
46
|
44
|
26
|
24
|
24
|
28
|
31
|
35
|
39
|
41
|
42
|
43
|
45
|
|
Pre-Tax Income |
333
N/A
|
337
+1%
|
339
+1%
|
339
+0%
|
349
+3%
|
338
-3%
|
344
+2%
|
339
-2%
|
334
-1%
|
339
+2%
|
347
+2%
|
343
-1%
|
343
0%
|
336
-2%
|
315
-6%
|
315
+0%
|
309
-2%
|
293
-5%
|
284
-3%
|
290
+2%
|
290
0%
|
317
+9%
|
336
+6%
|
332
-1%
|
361
+9%
|
292
-19%
|
322
+10%
|
331
+3%
|
311
-6%
|
350
+13%
|
294
-16%
|
248
-16%
|
232
-6%
|
250
+8%
|
269
+8%
|
348
+29%
|
399
+15%
|
438
+10%
|
493
+12%
|
489
-1%
|
502
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(100)
|
(102)
|
(104)
|
(106)
|
(109)
|
(106)
|
(108)
|
(100)
|
(98)
|
(97)
|
(95)
|
(100)
|
(97)
|
(92)
|
(82)
|
(93)
|
(89)
|
(84)
|
(82)
|
(62)
|
(59)
|
(65)
|
(69)
|
(77)
|
(83)
|
(66)
|
(68)
|
(61)
|
(56)
|
(66)
|
(53)
|
(57)
|
(51)
|
(55)
|
(63)
|
(68)
|
(82)
|
(88)
|
(94)
|
(100)
|
(102)
|
|
Income from Continuing Operations |
233
|
235
|
235
|
233
|
240
|
232
|
237
|
239
|
237
|
242
|
252
|
243
|
245
|
244
|
232
|
223
|
219
|
209
|
202
|
229
|
230
|
252
|
267
|
254
|
278
|
226
|
254
|
271
|
255
|
284
|
241
|
191
|
181
|
195
|
206
|
280
|
318
|
351
|
399
|
389
|
399
|
|
Net Income (Common) |
254
N/A
|
257
+1%
|
235
-9%
|
233
-1%
|
240
+3%
|
231
-3%
|
236
+2%
|
238
+1%
|
236
-1%
|
242
+2%
|
251
+4%
|
243
-3%
|
245
+1%
|
243
-1%
|
232
-5%
|
190
-18%
|
187
-2%
|
177
-5%
|
176
-1%
|
234
+33%
|
236
+1%
|
257
+9%
|
267
+4%
|
254
-5%
|
277
+9%
|
225
-19%
|
253
+12%
|
270
+7%
|
254
-6%
|
284
+12%
|
240
-15%
|
190
-21%
|
180
-5%
|
195
+8%
|
206
+6%
|
279
+36%
|
317
+14%
|
350
+10%
|
398
+14%
|
388
-3%
|
398
+3%
|
|
EPS (Diluted) |
19.53
N/A
|
20.21
+3%
|
18.78
-7%
|
18.37
-2%
|
19.31
+5%
|
18.66
-3%
|
19.37
+4%
|
19.51
+1%
|
20
+3%
|
20.49
+2%
|
21.28
+4%
|
20.59
-3%
|
20.76
+1%
|
20.61
-1%
|
19.63
-5%
|
16.11
-18%
|
15.83
-2%
|
15.26
-4%
|
15.42
+1%
|
20.37
+32%
|
21.07
+3%
|
22.96
+9%
|
23.79
+4%
|
22.66
-5%
|
24.96
+10%
|
20.67
-17%
|
23.23
+12%
|
24.55
+6%
|
23.32
-5%
|
26.02
+12%
|
22.23
-15%
|
17.62
-21%
|
17.47
-1%
|
19.25
+10%
|
20.56
+7%
|
27.86
+36%
|
33
+18%
|
36.43
+10%
|
41.42
+14%
|
40.44
-2%
|
41.61
+3%
|