Quaker Chemical Corporation (KWR)

Net profit margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 112,748 16,593 8,790 -6,213 -15,931 78,152 83,343 102,570 121,369 151,713 147,959 106,654 39,658 6,428 -33,929 -10,603 31,622 24,187 56,930 60,585
Revenue (ttm) US$ in thousands 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 1,125,665 945,852 846,586 862,335
Net profit margin 5.99% 0.88% 0.46% -0.33% -0.85% 4.19% 4.56% 5.77% 6.97% 9.04% 9.28% 7.40% 2.86% 0.46% -2.50% -0.82% 2.81% 2.56% 6.72% 7.03%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $112,748K ÷ $1,882,612K
= 5.99%

The net profit margin of Quaker Houghton has shown a varying trend over the past eight quarters. In Q4 2023, the net profit margin significantly increased to 5.74%, reflecting a strong profitability compared to the previous quarter. This improvement follows a relatively low net profit margin of 0.84% in Q3 2023 and a further decrease in Q2 2023 to 0.44%. Notably, the company experienced a negative net profit margin in Q1 2023, indicating a loss during that quarter.

Comparing the recent performance to the same period last year, there has been a notable turnaround as the company delivered a negative net profit margin in Q4 2022. The increase in profitability is evident when compared to the previous quarters of 2022, where the net profit margin ranged from 4.08% to 5.66%.

Overall, the fluctuating net profit margin of Quaker Houghton suggests some volatility in its earnings performance, with Q4 2023 standing out as a strong quarter in terms of profitability. This metric is crucial for evaluating the efficiency of the company in converting revenue into profit and is indicative of its overall financial health.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Quaker Chemical Corporation
KWR
5.99%
Valvoline Inc
VVV
92.45%