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NEWMARKET CORP (NEU)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Net sales   2,585.02,452.02,356.12,307.32,198.02,018.12,010.9
            Net sales growth   17.6%21.5%17.2%14.4%6.7%-8.8%-8.2%
Cost of goods sold   2,027.41,910.91,808.41,715.61,577.81,442.31,415.9
    Gross profit   557.6541.1547.7591.8620.1575.9595.0
            Gross margin   21.6%22.1%23.2%25.6%28.2%28.5%29.6%
Selling, general, and administrative expenses   148.4144.7146.0148.4143.4144.1142.9
Research, development, and testing expenses   143.7143.9144.0145.4143.2141.2140.4
    Operating profit   265.4252.6257.8297.9333.6290.6311.8
            Operating margin   10.3%10.3%10.9%12.9%15.2%14.4%15.5%
Interest and financing expenses, net   -35.5-37.3-34.2-30.3-27.4-25.6-26.3
Loss on early extinguishment of debt    7.5     
Other income (expense), net   27.923.924.026.344.245.545.8
    Income before income tax expense   250.2231.7247.6293.9350.4310.6331.3
Income tax expense   55.251.256.653.366.055.860.7
    Net income   195.0180.5190.9240.6284.3254.7270.6
   
Earnings per share - basic (in dollars per share)   $18.86$17.07$17.70$22.05$26.02$23.32$24.61
Earnings per share - diluted (in dollars per share)   $18.86$17.07$17.70$22.05$26.02$23.32$24.61
   
Cash dividends declared per share (in dollars per share)   $8.40$8.20$8.00$7.80$7.60$7.60$7.60

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