Newmarket (NEU) Tax Rate (2009 - 2026)
Newmarket (NEU) reported Tax Rate of 21.48% for Q2 2026, down 3.20 percentage points from 24.68% a year earlier and down 0.67 percentage points from the prior quarter.
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Analysis
Newmarket (NEU) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Newmarket's Tax Rate came in at 24.07%, up 2.13 percentage points year-over-year; for FY2025, it came in at 25.30%, up 4.46 percentage points from FY2024.
- Tax Rate has increased for three consecutive years, with a five-year change of +6.97 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 20.83% in FY2024 (+0.36 pp), 20.47% in FY2023 (+0.86 pp), 19.61% in FY2022 (-3.27 pp) and 22.88% in FY2021 (+4.55 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q4 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +1.72 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2021 (a gain of 30.22 percentage points); the low point was Q4 2022 (a drop of 26.18 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.15% (Q1 2026), 28.16% (Q4 2025) and 26.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | 21.50% |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 31.66% |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 22.32% |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | 20.01% |
| 10 | Newmarket | 8.11 Bn | 7.76 Bn | 242.43 Mn | 21.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.48% |
| Mar 31, 2026 | 22.15% |
| Dec 31, 2025 | 28.16% |
| Sep 30, 2025 | 26.06% |
| Jun 30, 2025 | 24.68% |
| Mar 31, 2025 | 23.25% |
| Dec 31, 2024 | 17.51% |
| Sep 30, 2024 | 21.78% |
| Jun 30, 2024 | 21.94% |
| Mar 31, 2024 | 21.76% |
| Dec 31, 2023 | 23.14% |
| Sep 30, 2023 | 17.28% |
| Jun 30, 2023 | 20.12% |
| Mar 31, 2023 | 22.03% |
| Dec 31, 2022 | 16.41% |
| Sep 30, 2022 | 21.29% |
| Jun 30, 2022 | 22.35% |
| Mar 31, 2022 | 19.30% |
| Dec 31, 2021 | 42.59% |
| Sep 30, 2021 | 14.91% |
API Access
Newmarket Tax Rate 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=tax-rate&ticker=NEU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NEU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();