Quaker Chemical Corporation (KWR)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 686,030 | 700,986 | 711,784 | 713,757 | 705,644 | 690,758 | 668,160 | 640,033 | 612,654 | 595,248 | 579,630 | 584,517 | 594,640 | 597,790 | 592,851 | 535,786 | 513,443 | 507,561 | 472,426 | 450,201 |
| Revenue (ttm) | US$ in thousands | 1,838,723 | 1,807,300 | 1,831,773 | 1,857,826 | 1,882,612 | 1,892,565 | 1,899,214 | 1,897,711 | 1,880,954 | 1,865,850 | 1,827,228 | 1,779,037 | 1,740,473 | 1,678,776 | 1,593,852 | 1,442,077 | 1,384,720 | 1,398,527 | 1,359,589 | 1,286,904 |
| Gross profit margin | 37.31% | 38.79% | 38.86% | 38.42% | 37.48% | 36.50% | 35.18% | 33.73% | 32.57% | 31.90% | 31.72% | 32.86% | 34.17% | 35.61% | 37.20% | 37.15% | 37.08% | 36.29% | 34.75% | 34.98% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $686,030K ÷ $1,838,723K
= 37.31%
The gross profit margin of Quaker Chemical Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend reveals that the gross profit margin initially increased from 34.98% in March 2020 to a peak of 38.86% in June 2024. However, there was a decline in the margin in the subsequent quarters, with a decrease to 37.31% by December 31, 2024.
Overall, the gross profit margin has displayed variability but generally exhibited an upward trajectory before experiencing a slight downward trend towards the end of the period. This may indicate changes in the company's cost of goods sold, pricing strategies, or efficiencies in production processes. Further analysis of the factors impacting the gross profit margin would be necessary to better understand these fluctuations and their implications for the company's financial performance.
Peer comparison
Dec 31, 2024