NewMarket Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of NewMarket Corporation (NEU). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Petroleum Additives [Member] | $2.00B 99.5% | $2.34B 99.5% · +17.1% | $2.75B 99.6% · +17.5% | $2.69B 99.7% · -2.3% | $2.64B 94.6% · -2.0% | $2.53B 93.0% · -3.9% |
| Specialty Materials | – | – | $0 0.0% | $0 0.0% | $141.2M 5.1% | $182.5M 6.7% · +29.2% |
| All Other [Member] | $9.4M 0.5% | $12.2M 0.5% · +29.9% | $10.5M 0.4% · -13.8% | $8.7M 0.3% · -17.0% | $9.1M 0.3% · +4.2% | $9.1M 0.3% · +0.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Petroleum Additives [Member] | $333.2M 16.6% | $281.1M 12.0% | $378.2M 13.7% | $514.4M 19.1% | $591.9M 22.5% | $520.1M 20.5% |
| Specialty Materials | – | – | $0 | $0 | $17.5M 12.4% | $47.0M 25.8% |
| All Other [Member] | -$100.0K -1.1% | -$1.5M -12.5% | -$1.8M -17.0% | -$5.0M -57.2% | -$2.3M -25.2% | -$4.8M -52.5% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $650.7M 32.4% | $780.3M 33.1% · +19.9% | $975.0M 35.3% · +25.0% | $973.0M 36.1% · -0.2% | $1.10B 39.3% · +12.6% | $1.07B 39.2% · -2.6% |
| Europe, Middle East, Africa, India | $651.6M 32.4% | $708.7M 30.1% · +8.8% | $807.8M 29.2% · +14.0% | $791.7M 29.3% · -2.0% | $786.8M 28.2% · -0.6% | $818.8M 30.0% · +4.1% |
| Asia Pacific | – | – | $617.0M 22.3% | $583.0M 21.6% · -5.5% | $573.3M 20.6% · -1.7% | $518.5M 19.0% · -9.6% |
| Other foreign | $215.0M 10.7% | $286.3M 12.2% · +33.2% | $365.1M 13.2% · +27.5% | $350.8M 13.0% · -3.9% | $330.6M 11.9% · -5.7% | $320.6M 11.8% · -3.0% |
| China | $213.8M 10.6% | $255.2M 10.8% · +19.4% | – | – | – | – |
| Asia Pacific, except China | $279.8M 13.9% | $325.6M 13.8% · +16.4% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 12, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.