Earnings ·
Reports Q3 net income of $124 million and EPS of $13.50
NEUNewmarket Corp
NewMarket Corporation reported third-quarter net income of $124.1 million, or $13.50 per share, up from $100.3 million, or $10.67 per share, in the prior-year period. For the first nine months of 2026, net income reached $375.9 million, or $40.64 per share, compared to $337.5 million, or $35.78 per share, a year ago. The increase was driven by higher operating profit and a reduced effective tax rate. Petroleum additives sales totaled $651.0 million in the quarter, while specialty materials sales rose to $62.0 million following the acquisition of Calca Solutions. Operations generated solid cash flow, funding capital expenditures, dividends, and share repurchases totaling nearly $300 million during the first nine months. NewMarket Corporation is a holding company that develops, manufactures, and delivers chemical additives for petroleum products and specialty materials for aerospace and defense applications.