NewMarket Q1 FY26 net income falls 6.2% to $118.1 million; EPS drops to $12.62
NewMarket Corporation
NewMarket Corporation NEU | 0.00 |
- NewMarket posted first-quarter 2026 net income of USD 118.1 million, down 6.2%.
- Net sales fell 4.5% to USD 669.7 million.
- EBITDA declined 5.6% to USD 191.8 million.
- Petroleum additives operating profit slipped to USD 135 million on a 7% drop in shipments, driven by softer market conditions and a move to reduce low-margin business.
- Management said it expects continued solid results, citing rapid price actions to offset rising raw material, utility, and logistics costs and positive shipment trends late in the quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewMarket Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202604221701BIZWIRE_USPR_____20260421_BW593411) on April 22, 2026, and is solely responsible for the information contained therein.
