Newmarket (NEU) Return on Invested Capital [ROIC] (2010 - 2026)
Newmarket's Return on Invested Capital [ROIC] was 15.50% in Q2 2026, down 3.54 percentage points from 19.04% a year earlier but up 0.68 percentage points from the prior quarter.
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Analysis
Newmarket (NEU) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Newmarket came in at 15.95%, down 6.55 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -3.03 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 22.49% in FY2024 (+0.46 pp), 22.03% in FY2023 (+6.47 pp), 15.57% in FY2022 (+3.37 pp) and 12.20% in FY2021 (-6.77 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 10.85% (Q4 2021) and 22.35% (Q3 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for four straight quarters, with an average year-over-year change of -2.10 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2023 (a gain of 9.35 percentage points); the worst was Q4 2021 (a drop of 8.08 percentage points).
- Per Business Quant data, NEU's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 14.82% (Q1 2026), 15.82% (Q4 2025) and 17.72% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 234.56 Bn | 217.67 Bn | 4.43 Bn | 10.79% |
| 2 | Corning | 106.49 Bn | 99.63 Bn | 1.63 Bn | 10.44% |
| 3 | Sherwin Williams | 81.85 Bn | 80.89 Bn | 3.34 Bn | 19.18% |
| 4 | Air Products & Chemicals | 68.38 Bn | 66.28 Bn | 1.04 Bn | 0.00% |
| 5 | LyondellBasell Industries | 42.93 Bn | 32.55 Bn | 2.04 Bn | 4.14% |
| 6 | Nutrien | 33.61 Bn | 30.47 Bn | 3.25 Bn | 11.77% |
| 7 | Ppg Industries | 24.59 Bn | 17.39 Bn | 1.81 Bn | 11.51% |
| 8 | International Flavors & Fragrances | 24.03 Bn | 21.72 Bn | 853.00 Mn | 2.98% |
| 9 | Dow | 23.60 Bn | 9.04 Bn | 1.38 Bn | 2.04% |
| 10 | Newmarket | 8.01 Bn | 7.66 Bn | 242.43 Mn | 15.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.50% |
| Mar 31, 2026 | 14.82% |
| Dec 31, 2025 | 15.82% |
| Sep 30, 2025 | 17.72% |
| Jun 30, 2025 | 19.04% |
| Mar 31, 2025 | 19.40% |
| Dec 31, 2024 | 19.14% |
| Sep 30, 2024 | 17.92% |
| Jun 30, 2024 | 17.04% |
| Mar 31, 2024 | 19.11% |
| Dec 31, 2023 | 22.13% |
| Sep 30, 2023 | 22.35% |
| Jun 30, 2023 | 19.52% |
| Mar 31, 2023 | 17.81% |
| Dec 31, 2022 | 16.59% |
| Sep 30, 2022 | 13.00% |
| Jun 30, 2022 | 12.79% |
| Mar 31, 2022 | 11.24% |
| Dec 31, 2021 | 10.85% |
| Sep 30, 2021 | 13.53% |
API Access
Newmarket Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=NEU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=NEU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();