Newmarket (NEU) Interest Coverage Ratio (2009 - 2026)
Newmarket's (NEU) Interest Coverage Ratio was 18.56 for Q2 2026, up 39.2% from 13.34 a year earlier and up 13.7% from the prior quarter.
Newmarket (NEU) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Newmarket's Interest Coverage Ratio came in at 15.28, up 19.2% year-over-year; for FY2025, it was 13.70, up 33.2% from FY2024.
- By year, Interest Coverage Ratio came in at 10.29 in FY2024 (-20.5%), 12.93 in FY2023 (+28.2%), 10.09 in FY2022 (+33.9%) and 7.53 in FY2021 (-36.4%).
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q3 2016.
- Year over year, Interest Coverage Ratio gained in five of the last eight quarters, with growth averaging 18.8%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2022 (growth of 188.8%); the low point was Q4 2021 (a decline of 72.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.33 (Q1 2026), 11.13 (Q4 2025) and 15.60 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 30.28 |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 10.47 |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 8.67 |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 7.73 |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 9.56 |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 9.67 |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 6.84 |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 12.03 |
| 10 | Newmarket | 6.40 Bn | 6.08 Bn | 222.36 Mn | 17.90 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.90 |
| Jun 30, 2026 | 18.56 |
| Mar 31, 2026 | 16.33 |
| Dec 31, 2025 | 11.13 |
| Sep 30, 2025 | 15.60 |
| Jun 30, 2025 | 13.34 |
| Mar 31, 2025 | 14.94 |
| Dec 31, 2024 | 11.40 |
| Sep 30, 2024 | 11.97 |
| Jun 30, 2024 | 9.24 |
| Mar 31, 2024 | 8.99 |
| Dec 31, 2023 | 14.25 |
| Sep 30, 2023 | 14.36 |
| Jun 30, 2023 | 12.12 |
| Mar 31, 2023 | 11.61 |
| Dec 31, 2022 | 10.59 |
| Sep 30, 2022 | 9.41 |
| Jun 30, 2022 | 11.80 |
| Mar 31, 2022 | 8.85 |
| Dec 31, 2021 | 3.67 |
Newmarket Interest 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=interest-coverage-ratio&ticker=NEU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-coverage-ratio&ticker=NEU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();