Quaker Chemical Corporation (KWR)
Pretax margin
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 | ||
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Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 165,944 | 181,738 | 184,488 | 177,001 | 168,333 | 64,049 | 52,838 | 25,379 | 8,994 | 100,814 | 96,615 | 129,686 | 156,308 | 180,722 | 178,418 | 125,117 | 34,362 | -3,187 | -51,422 | -26,518 |
Revenue (ttm) | US$ in thousands | 1,838,723 | 1,807,300 | 1,831,773 | 1,857,826 | 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 |
Pretax margin | 9.02% | 10.06% | 10.07% | 9.53% | 8.94% | 3.38% | 2.78% | 1.34% | 0.48% | 5.40% | 5.29% | 7.29% | 8.98% | 10.77% | 11.19% | 8.68% | 2.48% | -0.23% | -3.78% | -2.06% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $165,944K ÷ $1,838,723K
= 9.02%
Quaker Chemical Corporation's pretax margin has shown fluctuations over the periods provided. The pretax margin for the company was negative in the first half of 2020, indicating that the company was experiencing losses before taxes during that period. However, there was a significant improvement by the end of 2020, with a pretax margin of 2.48%.
Subsequently, Quaker Chemical Corporation's pretax margin showed a positive trend, reaching its peak at 11.19% in June 2021. This level of pretax margin indicates that the company was able to generate a considerable profit before tax expenses during that period.
Although there was some fluctuation in pretax margin in the following quarters, the company managed to maintain relatively strong pretax margins above 5% through 2022 and 2023. By the end of 2023, the pretax margin increased to 8.94%, indicating a solid performance in profitability before taxes.
In the last year of available data (2024), Quaker Chemical Corporation's pretax margin remained consistently high, hovering around 9-10%. This suggests that the company continued to generate healthy profits before tax expenses during this period.
Overall, the trend in Quaker Chemical Corporation's pretax margin indicates a positive financial performance, with notable improvements in profitability over the years, culminating in consistently strong pretax margins in recent periods.
Peer comparison
Dec 31, 2024