Newmarket (NEU) Debt Ratio (2009 - 2026)
Newmarket's Debt Ratio was 0.24 in Q2 2026, down 10.4% from 0.26 a year earlier and down 12.0% from the prior quarter.
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Analysis
Newmarket (NEU) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Newmarket came in at 0.25, down 18.5% from FY2024.
- In earlier years, Debt Ratio was 0.31 in FY2024 (+11.3%), 0.28 in FY2023 (-33.2%), 0.42 in FY2022 (-6.3%) and 0.45 in FY2021 (+43.8%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q3 2012.
- Compared with a year earlier, Debt Ratio has declined for six straight quarters, with an average decline of 14.0% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2021 (growth of 43.8%); the worst was Q4 2023 (a decline of 33.2%).
- Per Business Quant data, NEU's Debt Ratio in the three quarters before Q2 2026 was 0.27 (Q1 2026), 0.25 (Q4 2025) and 0.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 0.30 |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 0.24 |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 0.44 |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 0.35 |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 0.24 |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 0.30 |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 0.27 |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 0.33 |
| 10 | Newmarket | 6.40 Bn | 6.08 Bn | 222.36 Mn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.23 |
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.43 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.45 |
API Access
Newmarket Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NEU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NEU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NEU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();