NewMarket: Q4 Financial Overview

NewMarket Corp. Announces Fourth Quarter Financial Results

NewMarket Corp., headquartered in Richmond, Virginia, revealed its financial performance for the fourth quarter, reporting a net income of $81.3 million.

The company achieved earnings of $8.65 per share during this period.

As a holding entity specializing in the production of petroleum additives and lubricants, NewMarket generated $635.4 million in revenue for the quarter.

Looking at the full year, NewMarket posted a total profit of $418.7 million, translating to $44.44 per share, with annual revenue reaching $2.73 billion.