NewMarket Fixed Asset Turnover from 2010 to 2024

NEU Stock  USD 531.94  1.30  0.24%   
NewMarket Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 3.33 in 2024. From the period from 2010 to 2024, NewMarket Fixed Asset Turnover quarterly data regression had r-value of (0.57) and coefficient of variation of  39.16. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.54895895
Current Value
3.33
Quarterly Volatility
1.74265099
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NewMarket financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewMarket's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.3 M, Interest Expense of 39.2 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.0154 or PTB Ratio of 3.26. NewMarket financial statements analysis is a perfect complement when working with NewMarket Valuation or Volatility modules.
  
Check out the analysis of NewMarket Correlation against competitors.
For more information on how to buy NewMarket Stock please use our How to Invest in NewMarket guide.

Latest NewMarket's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of NewMarket over the last few years. It is NewMarket's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewMarket's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

NewMarket Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.45
Geometric Mean4.18
Coefficient Of Variation39.16
Mean Deviation1.46
Median3.55
Standard Deviation1.74
Sample Variance3.04
Range5.2322
R-Value(0.57)
Mean Square Error2.22
R-Squared0.32
Significance0.03
Slope(0.22)
Total Sum of Squares42.52

NewMarket Fixed Asset Turnover History

2024 3.33
2022 3.83
2021 3.16
2020 2.77
2019 3.15
2018 3.55
2017 3.37

About NewMarket Financial Statements

NewMarket shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although NewMarket investors may analyze each financial statement separately, they are all interrelated. The changes in NewMarket's assets and liabilities, for example, are also reflected in the revenues and expenses on on NewMarket's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.55  3.33 

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Additional Tools for NewMarket Stock Analysis

When running NewMarket's price analysis, check to measure NewMarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.