NewMarket Q3 2026 Earnings Call Transcript

NewMarket (NYSE:NEU) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.

This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation.

View the webcast at https://www.webcaster5.com/Webcast/Page/2001/54570

Summary

NewMarket Corporation reported a net income of $124 million for Q3 2026, up from $100 million in Q3 2025, driven by higher operating profit and a reduced effective tax rate.

Petroleum additives sales were stable at $651 million despite an 8% decline in shipments due to market softness, with operating profit remaining flat at $131 million.

Specialty materials sales rose to $62 million from $38 million in the prior year, with operating profit increasing to $16 million, boosted by the acquisition of Calca Solutions.

The company generated solid cash flow, supporting $88 million in capital expenditures and $126 million in share repurchases, while the net debt to EBITDA ratio improved to one times.

NewMarket remains focused on operational efficiency and long-term growth, with ongoing capacity expansion projects in specialty materials expected to complete by the end of 2026.

Full Transcript

OPERATOR

Greetings and welcome to the NewMarket Corporation scheduled conference call and webcast to review the third quarter 2026 financial results. At this time, all participants are in a listen-only mode and, if anyone should require operator assistance during the conference, please press 0 on your telephone keypad. Please note this conference call is being recorded. I will now turn the call over to NewMarket Corporation management. Thank you. Ladies and gentlemen, this concludes today’s conference. You may disconnect your lines at this time. We thank you for your participation.

Disclaimer: This transcript is provided for informational purposes only. While we strive for accuracy, there may be errors or omissions in this automated transcription. For official company statements and financial information, please refer to the company’s SEC filings and official press releases. Corporate participants’ and analysts’ statements reflect their views as of the date of this call and are subject to change without notice.