Company / R&D Expense
NewMarket Corporation R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$132.1M
FY2025
5-year range
$124.9M / $144.5M
FY2021-FY2025
Trend
+5.8%
vs FY2024
Sector context
#13 of 53
Materials
What the data says
NewMarket Corporation's r&d expense of $132M is higher than 75% of companies in the Materials sector (FY2025). R&D Expense returned to growth in FY2025 after 3 years of decline, reaching $132M.
Based on SEC 10-K filings.
$132M in FY2025 with a 5-year CAGR of -1.2%. Top quartile in the Materials sector.
Declined from $138M to $132M over the past 2 years.
Materials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -2.0%
- 5-Year CAGR
- -1.2%
- 10-Year CAGR
- -
Sector benchmark
In line with sector averageTop 25% of 53This company $132.1M Sector average $131.8M
▼
In line with sector average
Key checks
Key Insights
- 5-year CAGR of -1.2%, indicating a declining trend.
- In FY2025, r&d expense increased 5.8% year-over-year.
- Ranks #13 out of 53 companies in the Materials sector.
- Peak r&d expense was recorded in FY2018.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 26.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $132.1M | +5.8% |
| FY2024 | $124.9M | -9.5% |
| FY2023 | $138.0M | -1.7% |
| FY2022 | $140.4M | -2.8% |
| FY2021 | $144.5M | +3.0% |
| FY2020 | $140.3M | -3.9% |
| FY2019 | $146.0M | -9.2% |
| FY2018 | $160.8M | +1.6% |
| FY2017 | $158.3M | +13.7% |
| FY2016 | $139.2M | -12.1% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026