Below are the financial statements of NewMarket, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 2,786.56a | 2,698.42a | 2,764.8a |
| Cost of goods sold | -1,900.21a | -1,925.91a | -2,124.3a |
| Gross profit | 886.35a | 772.51a | 640.5a |
| Selling, general, and administrative expenses | -171.41a | -151.47a | -145.11a |
| Research, development, and testing expenses | -124.9a | -138a | -140.25a |
| Operating profit | 590.04a | 483.05a | 355.14a |
| Interest and financing expenses, net | -57.37a | -37.36a | -35.2a |
| Loss on early extinguishment of debt | 0a | 0a | -7.55a |
| Other income (expense), net | 51.44a | 43.28a | 35.34a |
| Income before income tax expense | 584.11a | 488.96a | 347.73a |
| Income tax expense | -121.69a | -100.1a | -68.2a |
| Net income | 462.41a | 388.86a | 279.54a |
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