NewMarket Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $418.7M | $462.4M | $388.9M | $279.5M | $190.9M | $270.6M | $254.3M | $234.7M |
| Depreciation & Amortization | $122.4M | $117.0M | $78.0M | $82.3M | $84.3M | $84.0M | $87.6M | $71.8M |
| Depreciation | $72.0M | $72.0M | $56.0M | $60.0M | $61.0M | $61.0M | $64.0M | $63.0M |
| Amortization | $28.4M | $24.5M | $2.0M | $1.0M | $2.0M | $3.0M | $4.0M | $7.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $569.0M | $519.6M | $576.8M | $108.6M | $165.3M | $284.2M | $337.2M | $197.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $77.6M | $57.3M | $48.3M | $56.2M | $78.9M | $93.3M | $59.4M | $74.6M |
| Business Acquisitions | $213.4M | $681.5M | $0 | $0 | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-291.1M | $-738.8M | $-48.3M | $315.9M | $-461.4M | $-74.2M | $-59.4M | $-60.0M |
| Financing Activities | ||||||||
| Dividends Paid | $105.9M | $95.9M | $85.0M | $84.3M | $85.9M | $83.4M | $81.7M | $80.4M |
| Stock Repurchases | $77.2M | $31.9M | $42.9M | $207.5M | $196.2M | $101.4M | $0 | $232.0M |
| Net Cash from Financing Activities | $-279.1M | $185.8M | $-487.6M | $-439.4M | $255.1M | $-231.5M | $-208.1M | $-145.4M |
| Net Change in Cash | $122.0K | $-34.5M | $43.2M | $-14.6M | $-41.9M | $-19.2M | $71.4M | $-11.1M |
| Free Cash Flow | $491.3M | $462.3M | $528.5M | $52.5M | $86.4M | $190.8M | $277.8M | $123.3M |