Quaker Chemical Corporation (KWR)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 112,748 | -15,931 | 121,369 | 39,658 | 31,622 |
| Revenue | US$ in thousands | 1,882,550 | 1,894,680 | 1,740,470 | 1,384,720 | 1,116,840 |
| Net profit margin | 5.99% | -0.84% | 6.97% | 2.86% | 2.83% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $112,748K ÷ $1,882,550K
= 5.99%
Quaker Houghton's net profit margin has fluctuated over the past five years. In 2023, the company's net profit margin was 5.74%, which indicates that for every dollar of revenue generated, the company retained $0.0574 as net profit. This represents an improvement compared to the previous year, where the net profit margin was negative at -0.81%.
In 2021, the net profit margin was relatively strong at 6.86%, showing the company's ability to effectively control costs and generate profits. The net profit margin in 2020 was 2.79%, which was slightly higher than in 2019 where it stood at 2.78%.
Overall, Quaker Houghton's net profit margin trend indicates variability in its profitability performance over the past five years. It is important for the company to continue monitoring and managing its expenses and revenue generation to ensure a healthy and sustainable level of profitability in the future.
Peer comparison
Dec 31, 2023