Newmarket (NEU) Operating Margin (2009 - 2026)
Newmarket (NEU) recorded Operating Margin of 21.91% in Q2 2026, up 1.41 percentage points from 20.49% a year earlier and up 0.52 percentage points from the prior quarter.
Newmarket (NEU) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Newmarket's Operating Margin came in at 19.97% as of Jun 30, 2026, down 1.81 percentage points year-over-year; for FY2025, it was 19.95%, down 1.22 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +4.45 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 21.17% in FY2024 (+3.27 pp), 17.90% in FY2023 (+5.06 pp), 12.85% in FY2022 (+1.90 pp) and 10.94% in FY2021 (-4.56 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q1 2025.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +0.38 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 9.90 percentage points in Q4 2022, against a drop of 9.12 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.39% (Q1 2026), 17.32% (Q4 2025) and 18.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | -66.34% |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 16.81% |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | 16.44% |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 25.75% |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 14.73% |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | 17.45% |
| 10 | Newmarket | 8.11 Bn | 7.76 Bn | 242.43 Mn | 21.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.91% |
| Mar 31, 2026 | 21.39% |
| Dec 31, 2025 | 17.32% |
| Sep 30, 2025 | 18.93% |
| Jun 30, 2025 | 20.49% |
| Mar 31, 2025 | 22.81% |
| Dec 31, 2024 | 20.28% |
| Sep 30, 2024 | 23.38% |
| Jun 30, 2024 | 20.69% |
| Mar 31, 2024 | 20.21% |
| Dec 31, 2023 | 15.75% |
| Sep 30, 2023 | 19.85% |
| Jun 30, 2023 | 18.13% |
| Mar 31, 2023 | 17.79% |
| Dec 31, 2022 | 16.05% |
| Sep 30, 2022 | 11.31% |
| Jun 30, 2022 | 11.55% |
| Mar 31, 2022 | 12.57% |
| Dec 31, 2021 | 6.14% |
| Sep 30, 2021 | 10.14% |
Newmarket Operating Margin 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=operating-margin&ticker=NEU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=NEU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();