Newmarket corporation (NEU)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenue:
Net sales

2,213

2,190

2,194

2,201

2,237

2,289

2,311

2,296

2,244

2,198

2,140

2,107

2,082

2,049

2,027

2,052

2,091

2,140

2,210

2,258

2,318

2,335

2,342

2,333

2,297

2,280

2,234

2,205

2,208

2,211

2,195

2,201

2,192

2,138

2,104

2,019

1,910

1,797

1,754

1,653

0

0

0

Cost of goods sold

1,555

1,560

1,565

1,595

1,655

1,704

1,722

1,689

1,620

1,562

1,503

1,452

1,411

1,372

1,342

1,370

1,417

1,461

1,526

1,585

1,633

1,669

1,683

1,675

1,650

1,627

1,596

1,571

1,580

1,581

1,586

1,606

1,612

1,586

1,539

1,463

1,369

1,277

1,219

1,144

0

0

0

Net sales - product

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2,093

2,007

1,899

1,786

1,746

1,648

0

0

0

Rental revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

11

11

11

11

8

5

0

0

0

Costs:
Cost of rental

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

4

4

4

4

3

2

0

0

0

Total costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1,543

1,467

1,374

1,281

1,223

1,146

0

0

0

Gross profit

657

629

628

606

581

585

588

606

624

636

636

655

670

677

684

682

673

679

683

673

684

665

659

658

646

653

638

635

629

630

611

596

580

551

560

551

536

515

531

506

0

0

0

Selling, general, and administrative expenses

147

148

141

141

148

152

164

170

168

167

164

160

161

161

163

162

163

164

162

165

165

163

164

164

163

164

161

157

158

154

154

153

150

151

146

145

144

136

130

123

0

0

0

Research, development, and testing expenses

146

144

141

139

139

140

140

141

142

146

155

156

159

160

156

158

157

158

154

151

146

139

136

136

137

136

134

128

120

117

115

112

108

105

102

97

94

91

87

85

0

0

0

Gain on legal settlement, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

Operating profit

364

337

345

325

293

292

283

294

314

322

316

339

349

354

364

360

352

356

366

356

372

362

357

356

345

351

342

348

350

358

341

369

360

333

351

307

296

287

313

297

0

0

0

Interest and financing expenses, net

28

29

30

31

29

26

23

21

21

21

20

19

18

16

16

15

15

14

14

15

16

16

16

16

17

17

14

11

8

8

7

11

13

14

18

18

17

17

15

14

0

0

0

Loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9

-9

-9

-3

0

0

0

0

-

-

-

-

-

-

Other income (expense), net

25

23

21

23

25

24

24

20

15

14

19

15

11

5

-1

-5

-3

-3

-7

-3

-7

-7

-2

-3

4

7

5

6

-4

-3

-4

-17

-16

-18

-9

-2

-7

-10

-20

-27

0

0

0

Income before income tax expense

360

331

336

316

289

290

284

292

308

315

314

335

342

343

346

339

334

338

344

338

348

339

338

336

332

341

334

343

331

337

320

331

326

301

322

286

270

259

277

256

0

0

0

Income tax expense

83

77

69

59

53

55

108

115

121

124

82

91

97

99

95

97

97

100

107

106

109

105

103

101

99

98

94

96

93

100

102

106

104

95

99

89

86

82

93

86

0

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

242

252

250

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations:
Gain on sale of discontinued business, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations of discontinued business, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Net income

277

254

266

257

236

234

176

177

187

190

232

243

245

243

251

242

236

238

236

231

239

233

235

257

254

264

263

249

240

239

220

226

223

206

222

196

184

177

184

169

0

0

0

Earnings per share - basic and diluted
Income from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.08

4.29

4.84

5.00

-

4.76

4.11

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

1.65

-0.03

0.07

-

0.07

0.01

-

-

-

-

-

-

-

-

-

-

-

Earnings per share - basic and diluted (in dollars per share)

7.67

4.47

6.06

6.63

5.57

5.55

5.12

4.53

5.14

0.36

5.04

5.29

5.39

3.86

6.03

5.43

5.22

4.51

5.08

4.72

5.14

4.18

4.53

5.24

4.43

4.08

5.94

4.81

5.07

3.94

4.83

4.12

4.96

-

-

-

-

-

-

-

-

-

-

Shares used to compute basic earnings per share (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

13

13

-

14

14

15

0

15

Shares used to compute diluted earnings per share (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

13

13

-

14

14

15

0

15

Cash dividends declared per share (in dollars per share)

1.90

-

1.90

1.75

1.75

-

1.75

1.75

1.75

-

1.75

1.75

1.75

-

1.60

1.60

1.60

-

1.40

1.40

1.40

-

1.10

1.10

1.10

-

0.90

0.90

0.90

-

0.75

0.75

0.75

-

0.60

0.60

0.44

-

0.37

0.37

0.37

0.25

0.25

Basic earnings per share:
Net income (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.54

5.22

3.77

3.57

3.45

3.19

2.69

2.79

3.73

2.02

Diluted earnings per share:
Net income (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.53

5.22

3.77

3.57

3.44

3.18

2.69

2.78

3.72

2.01