NEU vs. ALEX

Last updated Jun 3, 2026

NEU (NewMarket Corporation) and ALEX (Alexander & Baldwin, Inc.) are both stocks. NEU operates in Specialty Chemicals (Basic Materials), while ALEX operates in REIT - Diversified (Real Estate). At a 0.38 correlation, their price movements are largely independent.

Performance

NEU vs. ALEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NewMarket Corporation (NEU) and Alexander & Baldwin, Inc. (ALEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NEU

• 1D: -1.66%
• 1M: 17.25%
• YTD: 14.70%
• 6M: 5.05%
• 1Y: 23.92%
• 3Y*: 26.47%
• 5Y*: 20.41%
• 10Y*: 8.97%

ALEX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NEU vs. ALEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEU NewMarket Corporation	14.70%	32.28%	-1.45%	79.15%	-6.70%	-11.93%	-16.48%	20.01%	5.52%	-4.69%
ALEX Alexander & Baldwin, Inc.	0.97%	22.82%	-1.85%	6.63%	-22.07%	50.84%	-16.39%	17.49%	-33.74%	112.19%

Correlation

The correlation between NEU and ALEX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 15, 2012	0.38

Over the past year, the correlation between NEU and ALEX has dropped to 0.04 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

Fundamentals

EPS NEU : $58.30 ALEX : $0.89
PE Ratio NEU : 13.45 ALEX : 23.48
PEG Ratio NEU : 0.47 ALEX : 0.15
PS Ratio NEU : 2.05 ALEX : 7.35
Total Revenue (TTM) NEU : $2.69B ALEX : $206.67M
Gross Profit (TTM) NEU : $842.26M ALEX : $96.11M
EBITDA (TTM) NEU : $648.92M ALEX : $116.77M

Return for Risk

NEU vs. ALEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEU

NEU Risk / Return Rank: 58
NEU Sharpe Ratio Rank: 65
NEU Sortino Ratio Rank: 55
NEU Omega Ratio Rank: 61
NEU Calmar Ratio Rank: 56
NEU Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEU vs. ALEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NewMarket Corporation (NEU) and Alexander & Baldwin, Inc. (ALEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NEU	ALEX	Difference
Sharpe ratio Return per unit of total volatility	0.77	—	—
Sortino ratio Return per unit of downside risk	1.08	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	0.73	—	—
Martin ratio Return relative to average drawdown	1.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NEU	ALEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	—	—

Drawdowns

Drawdown Indicators

	NEU	ALEX	Difference
Max Drawdown Largest peak-to-trough decline	-95.01%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.66%	—	—
Current Drawdown Current decline from peak	-9.35%	—	—
Average Drawdown Average peak-to-trough decline	-28.26%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	16.87%	—	—

Volatility

Volatility by Period

	NEU	ALEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.06%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.34%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.04%	—	—

Dividends

NEU vs. ALEX - Dividend Comparison

NEU's dividend yield for the trailing twelve months is around 1.47%, less than ALEX's 3.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALEX Alexander & Baldwin, Inc.	3.84%	4.97%	5.03%	4.64%	4.43%	2.67%	1.98%	3.29%	0.00%	115.54%	0.56%	0.59%
NEU NewMarket Corporation	1.47%	1.64%	1.89%	1.62%	2.70%	2.33%	1.91%	1.50%	1.70%	1.76%	1.51%	1.52%

Financials

NEU vs. ALEX - Profitability Comparison

The chart below illustrates the profitability comparison between NewMarket Corporation and Alexander & Baldwin, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NEU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NewMarket Corporation reported a gross profit of 220.88M and revenue of 669.72M. Therefore, the gross margin over that period was 33.0%.

ALEX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alexander & Baldwin, Inc. reported a gross profit of 23.15M and revenue of 50.99M. Therefore, the gross margin over that period was 45.4%.

NEU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NewMarket Corporation reported an operating income of 143.23M and revenue of 669.72M, resulting in an operating margin of 21.4%.

ALEX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alexander & Baldwin, Inc. reported an operating income of 15.11M and revenue of 50.99M, resulting in an operating margin of 29.6%.

NEU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NewMarket Corporation reported a net income of 118.07M and revenue of 669.72M, resulting in a net margin of 17.6%.

ALEX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alexander & Baldwin, Inc. reported a net income of 3.78M and revenue of 50.99M, resulting in a net margin of 7.4%.

Frequently Asked Questions

Can I hold both NEU and ALEX in my portfolio?

NEU and ALEX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.