Quaker Chemical Corporation (KWR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 214,495 | 112,631 | 97,722 | 72,830 | 52,304 | 136,661 | 128,062 | 134,975 | 150,466 | 154,427 | 153,276 | 116,698 | 59,360 | 44,929 | -4,432 | 13,861 | 46,134 | 45,926 | 85,347 | 87,379 |
| 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 |
| Operating profit margin | 11.39% | 5.95% | 5.15% | 3.84% | 2.78% | 7.32% | 7.01% | 7.59% | 8.65% | 9.20% | 9.62% | 8.09% | 4.29% | 3.21% | -0.33% | 1.08% | 4.10% | 4.86% | 10.08% | 10.13% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $214,495K ÷ $1,882,612K
= 11.39%
Quaker Houghton's operating profit margin has shown a consistent improvement over the past eight quarters, reflecting positively on the company's operational efficiency and profitability. The margin has steadily increased from 8.09% in Q4 2022 to 11.37% in Q4 2023, indicating a positive trend in generating profits from its core business activities. This improvement suggests that the company has been effectively managing its costs and expenses relative to its revenue, resulting in a higher proportion of revenue translating into operating profits. Overall, the upward trajectory of Quaker Houghton's operating profit margin signifies a strengthening financial performance and may be indicative of a well-managed and profitable business operation.
Peer comparison
Dec 31, 2023