Quaker Chemical Corporation (KWR)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 165,944 | 168,333 | 8,994 | 156,308 | 34,362 |
| Revenue | US$ in thousands | 1,838,720 | 1,882,550 | 1,894,680 | 1,740,470 | 1,384,720 |
| Pretax margin | 9.02% | 8.94% | 0.47% | 8.98% | 2.48% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $165,944K ÷ $1,838,720K
= 9.02%
The pretax margin of Quaker Chemical Corporation has demonstrated significant fluctuations over the past five years. In December 2020, the pretax margin stood at 2.48%, showing a relatively modest performance. However, a notable improvement was observed in December 2021, with the pretax margin increasing to 8.98%, indicating enhanced profitability before taxes.
Subsequently, there was a sharp decline in December 2022, where the pretax margin dropped to 0.47%, signaling a significant decrease in profitability efficiency. However, the company managed to recover in the following years, with the pretax margin rebounding to 8.94% in December 2023 and further increasing to 9.02% in December 2024.
Overall, the trend in Quaker Chemical Corporation's pretax margin reflects a mix of fluctuations and recovery periods. It is important for the company to maintain focus on improving operational efficiency and cost management to sustain and potentially enhance its profitability levels in the future.
Peer comparison
Dec 31, 2024