Quaker Chemical Corporation (KWR)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 194,706 | 213,946 | 221,746 | 220,092 | 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 |
Total assets | US$ in thousands | 2,610,650 | 2,735,680 | 2,672,190 | 2,714,370 | 2,714,210 | 2,732,510 | 2,790,240 | 2,858,460 | 2,821,620 | 2,831,500 | 2,970,760 | 2,996,720 | 2,955,760 | 2,941,830 | 2,944,820 | 2,912,950 | 2,891,830 | 2,753,190 | 2,871,530 | 2,920,550 |
Operating ROA | 7.46% | 7.82% | 8.30% | 8.11% | 7.90% | 4.12% | 3.50% | 2.55% | 1.85% | 4.83% | 4.31% | 4.50% | 5.09% | 5.25% | 5.20% | 4.01% | 2.05% | 1.63% | -0.15% | 0.47% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $194,706K ÷ $2,610,650K
= 7.46%
Quaker Chemical Corporation's operating return on assets (ROA) has shown fluctuations over the reported periods from March 31, 2020, to December 31, 2024. The trend indicates a mixed performance, with some periods showing positive operating ROA values and others showing negative or lower values.
The operating ROA was relatively low in the initial periods, with a significant decline in June 30, 2020, when it turned negative at -0.15%. However, the company managed to improve its performance steadily, reaching a peak operating ROA of 8.30% on June 30, 2024.
The operating ROA trend indicates that Quaker Chemical Corporation has been able to enhance its asset utilization and operating efficiency over time, achieving higher returns on its assets. The company's ability to maintain positive operating ROA values and demonstrate consistent improvement over the years is a positive sign of its operational effectiveness.
It is important for Quaker Chemical Corporation to continue monitoring and optimizing its asset management strategies to sustain and enhance its operating ROA in the future.
Peer comparison
Dec 31, 2024