NEU
Price:
$529.42
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
According to NewMarket Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.83. This represents a change of 1.01% compared to the average of 2.80 of the last 4 quarters.
The mean historical Current Ratio of NewMarket Corporation over the last ten years is 2.78. The current 2.83 Current Ratio has changed 10.09% 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.
Average
2.78
Median
2.85
Minimum
1.91
Maximum
3.07
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
Year | Current Ratio | Change |
---|---|---|
2023 | 2.85 | 1.50% |
2022 | 2.81 | 46.90% |
2021 | 1.91 | -33.39% |
2020 | 2.87 | 0.96% |
2019 | 2.85 | -5.05% |
2018 | 3.00 | 13.93% |
2017 | 2.63 | -7.37% |
2016 | 2.84 | -3.32% |
2015 | 2.94 | -4.29% |
2014 | 3.07 | -15.28% |
The current Current Ratio of NewMarket Corporation (NEU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.53
5-year avg
2.66
10-year avg
2.78
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 (2.54), greater than Oil-Dri Corporation of America (2.63), less than Sensient Technologies Corporation (3.74), greater than Innospec Inc. (2.59), greater than Cabot Corporation (2.08),
Company | Current Ratio | Market cap |
---|---|---|
1.89 | $3.74B | |
2.46 | $2.45B | |
2.54 | $2.51B | |
2.63 | $590.27M | |
3.74 | $3.10B | |
2.59 | $2.78B | |
2.08 | $5.03B |
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