NewMarket Corporation

NewMarket Corporationverified

NEU

Price:

$529.29

Market Cap:

$5.08B

NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed ...[Read more]

Industry

Chemicals - Specialty

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

NEU

The Current Ratio as of October 2024 (TTM) for NewMarket Corporation (NEU) is 2.66

According to NewMarket Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.66. This represents a change of -8.21% compared to the average of 2.90 of the last 4 quarters.

NewMarket Corporation (NEU) Historical Current Ratio (quarterly & annually)

How has NEU Current Ratio performed in the past?

The mean historical Current Ratio of NewMarket Corporation over the last ten years is 2.78. The current 2.66 Current Ratio has changed 9.47% with respect to the historical average. Over the past ten years (40 quarters), NEU's Current Ratio was at its highest in in the March 2021 quarter at 4.03. The Current Ratio was at its lowest in in the December 2021 quarter at 1.91.

Quarterly (TTM)
Annual

Average

2.78

Median

2.85

Minimum

1.91

Maximum

3.07

NewMarket Corporation (NEU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NewMarket Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 46.90%

Maximum Annual Current Ratio = 3.07

Minimum Annual Increase = -33.39%

Minimum Annual Current Ratio = 1.91

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.851.50%
20222.8146.90%
20211.91-33.39%
20202.870.96%
20192.85-5.05%
20183.0013.93%
20172.63-7.37%
20162.84-3.32%
20152.94-4.29%
20143.07-15.28%

NewMarket Corporation (NEU) Average Current Ratio

How has NEU Current Ratio performed in the past?

The current Current Ratio of NewMarket Corporation (NEU) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.53

5-year avg

2.66

10-year avg

2.78

NewMarket Corporation (NEU) Current Ratio vs. Peers

How is NEU’s Current Ratio compared to its peers?

NewMarket Corporation’s Current Ratio is greater than H.B. Fuller Company (1.89), greater than Minerals Technologies Inc. (2.46), greater than Quaker Chemical Corporation (2.63), less than Oil-Dri Corporation of America (3.06), less than Sensient Technologies Corporation (4.16), greater than Innospec Inc. (2.63), greater than Cabot Corporation (2.22),

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