NewMarket Corp
NEU
$535.10
Share price
1.07%
Change (1 day)
33.64%
Change (1 year)
Categories
Operating Margin for NewMarket Corp (NEU)
Operating Margin as of April 2024 (TTM): 12.57%
According to NewMarket Corp's latest financial reports and stock price the company's current Operating Margin is 12.57%. At the end of 2022 the company had an Operating Margin of 12.58%.
Operating Margin history for NewMarket Corp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.58% | 19.71% |
| 2021 | 10.51% | -36.22% |
| 2020 | 16.47% | 8.82% |
| 2019 | 15.14% | 19.41% |
| 2018 | 12.68% | -11.64% |
| 2017 | 14.35% | -14.32% |
| 2016 | 16.75% | 5.76% |
| 2015 | 15.83% | 9.05% |
| 2014 | 14.52% | -2.99% |
| 2013 | 14.97% | -2.52% |
| 2012 | 15.36% | 8.68% |
| 2011 | 14.13% | -2.32% |
| 2010 | 14.47% | -7.54% |
| 2009 | 15.64% | 140.24% |
| 2008 | 6.51% | -10.85% |
| 2007 | 7.30% | 4.69% |
| 2006 | 6.98% | 31.77% |
| 2005 | 5.30% | 6.08% |
| 2004 | 4.99% | 28.67% |
| 2003 | 3.88% | 91.9% |
| 2002 | 2.02% | -109.83% |
| 2001 | -20.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 19.97% | 58.87% | 🇺🇸 USA |
 Chevron CVX | 19.83% | 57.76% | 🇺🇸 USA |
 Gevo GEVO | -8,341.02% | -66,456.56% | 🇺🇸 USA |
 Innospec IOSP | 8.55% | -31.98% | 🇺🇸 USA |
 Trecora Resources
TREC | 3.02% | -75.95% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.