Newmarket (NEU) Research & Development (2009 - 2026)
Newmarket (NEU) recorded Research & Development of $30.5 million in Q3 2026, down 12.9% from $35.02 million a year earlier but up 0.4% from the prior quarter.
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Analysis
Newmarket (NEU) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Newmarket's Research & Development came in at $124.05 million as of Sep 30, 2026, down 7.0% year-over-year; for FY2025, it was $132.09 million, up 5.8% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $124.9 million in FY2024 (-9.5%), $138 million in FY2023 (-1.6%), $140.25 million in FY2022 (-2.6%) and $143.95 million in FY2021 (+2.6%).
- Quarterly Research & Development has ranged from $28.66 million in Q2 2024 to $38.99 million in Q4 2023 over the past five years.
- On a year-over-year basis, Research & Development has declined for four consecutive quarters, with an average decline of 1.9% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 13.9% in Q4 2023, against a decline of 15.8% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $30.39 million (Q2 2026), $31.64 million (Q1 2026) and $31.52 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 37.00 Mn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 314.00 Mn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | - |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 25.40 Mn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 35.00 Mn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | - |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 106.00 Mn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 105.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | - |
| 10 | Newmarket | 6.40 Bn | 6.08 Bn | 222.36 Mn | 30.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.50 Mn |
| Jun 30, 2026 | 30.39 Mn |
| Mar 31, 2026 | 31.64 Mn |
| Dec 31, 2025 | 31.52 Mn |
| Sep 30, 2025 | 35.02 Mn |
| Jun 30, 2025 | 32.37 Mn |
| Mar 31, 2025 | 33.18 Mn |
| Dec 31, 2024 | 32.84 Mn |
| Sep 30, 2024 | 32.19 Mn |
| Jun 30, 2024 | 28.66 Mn |
| Mar 31, 2024 | 31.20 Mn |
| Dec 31, 2023 | 38.99 Mn |
| Sep 30, 2023 | 31.89 Mn |
| Jun 30, 2023 | 33.96 Mn |
| Mar 31, 2023 | 33.16 Mn |
| Dec 31, 2022 | 34.22 Mn |
| Sep 30, 2022 | 34.39 Mn |
| Jun 30, 2022 | 35.40 Mn |
| Mar 31, 2022 | 36.25 Mn |
| Dec 31, 2021 | 36.71 Mn |
API Access
Newmarket Research & Development 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=research-and-development&ticker=NEU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NEU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();