In This Article:
NewMarket (NYSE:NEU) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.79b (up 3.3% from FY 2023).
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Net income: US$460.8m (up 19% from FY 2023).
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Profit margin: 17% (up from 14% in FY 2023).
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EPS: US$48.22 (up from US$40.44 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Petroleum Additives segment contributing a total revenue of US$2.64b (95% of total revenue). Notably, cost of sales worth US$1.90b amounted to 68% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling US$172.4m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how NEU's revenue and expenses shape its earnings.
NewMarket shares are up 5.1% from a week ago.
Risk Analysis
Be aware that NewMarket is showing 1 warning sign in our investment analysis that you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.