Newmarket (NEU) Dividend Coverage Ratio (2011 - 2026)
Newmarket's (NEU) Dividend Coverage Ratio stood at 4.85 in Q2 2026, up 12.6% from 4.30 a year earlier and up 14.8% from the prior quarter.
Newmarket (NEU) Dividend Coverage Ratio (2011 - 2026) Analysis & Trends
On a TTM basis, Newmarket's Dividend Coverage Ratio came in at 3.95 as of Jun 30, 2026, down 17.8% year-over-year; for FY2025, it was 3.95, down 18.0% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 4.82 in FY2024 (+5.4%), 4.57 in FY2023 (+37.8%), 3.32 in FY2022 (+49.3%) and 2.22 in FY2021 (-31.5%).
- The Q2 2026 figure is the highest quarterly Dividend Coverage Ratio since Q3 2024.
- On a year-over-year basis, Dividend Coverage Ratio rose in four of the last eight quarters, with an average decline of 4.5%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 460.1% in Q4 2022, against a decline of 75.5% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.22 (Q1 2026), 2.88 (Q4 2025) and 3.88 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 2.30 |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 2.60 |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 4.23 |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 3.38 |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | - |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 2.73 |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 11.44 |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | - |
| 10 | Newmarket | 6.40 Bn | 6.08 Bn | 222.36 Mn | 4.50 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.50 |
| Jun 30, 2026 | 4.85 |
| Mar 31, 2026 | 4.22 |
| Dec 31, 2025 | 2.88 |
| Sep 30, 2025 | 3.88 |
| Jun 30, 2025 | 4.30 |
| Mar 31, 2025 | 4.83 |
| Dec 31, 2024 | 4.63 |
| Sep 30, 2024 | 5.52 |
| Jun 30, 2024 | 4.65 |
| Mar 31, 2024 | 4.49 |
| Dec 31, 2023 | 3.73 |
| Sep 30, 2023 | 5.16 |
| Jun 30, 2023 | 4.61 |
| Mar 31, 2023 | 4.81 |
| Dec 31, 2022 | 4.42 |
| Sep 30, 2022 | 3.02 |
| Jun 30, 2022 | 3.12 |
| Mar 31, 2022 | 2.75 |
| Dec 31, 2021 | 0.79 |
Newmarket Dividend Coverage 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=dividend-coverage-ratio&ticker=NEU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=NEU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();