NewMarket Q3 net income rises to $132.3 million, or $13.79 per share
NewMarket reported third-quarter 2024 net income of $132.3 million, or $13.79 per share, up from $111.2 million, or $11.60 per share, a year earlier. Net sales rose to $724.9 million from $667.2 million, helped by the AMPAC acquisition, while petroleum additives operating profit increased to $157.5 million.
Key points
- Q3 2024 net income $132.3 million, EPS $13.79, versus $111.2 million and $11.60 in Q3 2023
- Q3 2024 net sales $724.9 million versus $667.2 million; petroleum additives sales $663.0 million versus $663.7 million
- Petroleum additives operating profit $157.5 million versus $139.8 million, mainly due to lower raw material and operating costs
- Net Debt to EBITDA was 1.4 at September 30, 2024; earnings call set for 3:00 p.m. ET on October 24, 2024
The filing
Written by AI on Nov 8, 2026, 7:02 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.