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NEWMARKET CORP (NEU)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Net sales  2,356.12,010.92,190.32,289.72,198.42,049.52,140.82,335.4
            Net sales growth  17.2%-8.2%-4.3%4.2%7.3%-4.3%-8.3%2.4%
Cost of goods sold  1,808.41,415.91,560.41,704.31,562.01,372.3  
    Gross profit  547.7595.0629.9585.4636.4677.2679.1665.4
            Gross margin  23.2%29.6%28.8%25.6%28.9%33.0%31.7%28.5%
Selling, general, and administrative expenses  146.0142.9148.1152.4167.7161.6164.1163.5
Research, development, and testing expenses  144.0140.4144.5140.3146.0160.8158.3139.2
    Operating profit  257.8311.8337.3292.7322.7354.8356.7362.7
            Operating margin  10.9%15.5%15.4%12.8%14.7%17.3%16.7%15.5%
Interest and financing expenses, net  -34.2-26.3-29.2-26.7-21.9-16.8-14.7-16.6
Loss on early extinguishment of debt          
Other income (expense), net  24.045.823.524.314.65.2-3.1-7.1
    Income before income tax expense  247.6331.3331.6290.3315.4343.2339.0339.1
Income tax expense  56.660.777.355.6124.999.8100.4105.8
    Net income  190.9270.6254.3234.7190.5243.4238.6233.3
   
Earnings per share - basic (in dollars per share)  $17.71$24.64$22.73$20.34$16.08$20.54$19.45$18.38
Earnings per share - diluted (in dollars per share)  $17.71$24.64$22.73$20.34$16.08$20.54$19.45$18.38
   
Cash dividends declared per share (in dollars per share)  $8.00$7.60$7.30$7.00$7.00$6.40$5.80$4.70

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