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