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Dec 31, 2022
NewMarket Q4 2022 Earnings Report
Reported fourth quarter and full year results with a net income of $90.5 million, or $9.26 per share for the quarter.
Key Takeaways
NewMarket Corporation reported a net income of $90.5 million, or $9.26 per share, for the fourth quarter of 2022. Petroleum additives sales for the quarter were $680.3 million with an operating profit of $117.1 million. The company continues to focus on margin recovery and cost control.
Net income for the fourth quarter of 2022 was $90.5 million, or $9.26 per share.
Petroleum additives sales for the fourth quarter were $680.3 million.
Petroleum additives operating profit for the fourth quarter was $117.1 million.
Shipments decreased 2.9% between periods, primarily due to decreases in lubricant additives shipments.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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