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

Company name
Symbol
Operating profit margin
Quaker Chemical Corporation
KWR
11.39%
Valvoline Inc
VVV
18.95%