Craft
NewMarket

NewMarket

Revenue

$2.4 B

FY, 2021

Market Capitalization

$3.6 B

2023-01-20

NewMarket Summary

Company summary

Overview
NewMarket Corporation is a company that primarily serves the petroleum additives industry.The Company produces lubricant and fuel additives through two subsidiaries: Afton Chemical Corporation and Ethyl Corporation. Two additional subsidiaries, NewMarket Services Corporation and NewMarket Development Corporation, primarily provide operational support. Afton Chemical Corporation produces fuel additives that boost fuel performance and lubricant additives that improve the functionality, durability, and performance of oils. The Company also produces driveline additives and a variety of industrial additives, such as hydraulic lubricants and metalworking fluid components. Ethyl provides contract manufacturing services to Afton and to third parties and is a marketer of TEL in North America. NewMarket Services Corporation provides administrative services to NewMarket Corporation and its subsidiaries. New Market Development Corporation manages the property that NewMarket Corporation owns in Richmond, Virginia.
Type
Public
Status
Active
Founded
1887
HQ
Richmond, VA, US | view all locations
Website
http://www.newmarket.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

LocationsView all

1 location detected

  • Richmond, VA HQ

    United States

    330 S 4th St

NewMarket Financials

Summary financials

Revenue (Q3, 2022)
$696.0M
Gross profit (Q3, 2022)
$148.3M
Net income (Q3, 2022)
$63.2M
Cash (Q3, 2022)
$72.0M
EBIT (Q3, 2022)
$78.7M
Enterprise value
$4.6B

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