Is it safe?
Can NEU take a bad year?
NewMarket Corporation carries $866M of net debt at 1.33× EBITDA: a load its earnings can carry.
$866M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.33×
Net debt / EBITDA · 1.20× a year ago · the load is going up
- Altman Z-score
- 4.76
Altman Z-score · safe zone, above 3
- Interest cover
- 14.0×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $940M
- Cash and short-term investments
- $73M
- Net debt
- $866M
- EBITDA, trailing twelve months
- $652M
- Operating profit, trailing twelve months
- $527M
- Debt / equity
- 0.54×
- Total debt / EBITDA
- 1.44×
- Annualised volatilitytwo years of daily moves
- 29%
- Worst drawdown on file
- −41%
- Below its 52-week high
- −3.7%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Chemicals
Ranks #22 of 36 by Smart Score