NewMarket Tax Provision from 2010 to 2024

NEU Stock  USD 531.94  1.30  0.24%   
NewMarket Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 65.5 M in 2024. Tax Provision is the amount set aside by NewMarket to cover any estimated taxes for the current period. It reflects NewMarket's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
31.4 M
Current Value
36.8 M
Quarterly Volatility
7.5 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of NewMarket over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. NewMarket's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

NewMarket Tax Provision Regression Statistics

Arithmetic Mean86,966,541
Geometric Mean84,414,816
Coefficient Of Variation24.25
Mean Deviation18,381,751
Median99,767,000
Standard Deviation21,092,527
Sample Variance444.9T
Range69.4M
R-Value(0.63)
Mean Square Error290.2T
R-Squared0.39
Significance0.01
Slope(2,961,604)
Total Sum of Squares6228.5T

NewMarket Tax Provision History

202465.5 M
202393.7 M
202268.2 M
202156.6 M
202060.7 M
201977.3 M
201855.6 M

About NewMarket Financial Statements

NewMarket shareholders use historical fundamental indicators, such as Tax Provision, 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
Tax Provision93.7 M65.5 M

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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.