Quaker Chemical Corporation (KWR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 116,644 | 112,748 | -15,931 | 121,369 | 39,658 |
| Total assets | US$ in thousands | 2,610,650 | 2,714,210 | 2,821,620 | 2,955,760 | 2,891,830 |
| ROA | 4.47% | 4.15% | -0.56% | 4.11% | 1.37% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $116,644K ÷ $2,610,650K
= 4.47%
Quaker Chemical Corporation's return on assets (ROA) has shown fluctuations over the past five years. In December 2020, the ROA was 1.37%, indicating that the company generated $0.0137 in profits for every dollar of assets. By December 2021, the ROA improved significantly to 4.11%, demonstrating a more efficient utilization of assets to generate profits.
However, in December 2022, the ROA turned negative at -0.56%, which suggests that the company experienced a loss relative to its asset base during that period. The following year, in December 2023, the ROA recovered to 4.15%, indicating a return to profitability and improved asset efficiency.
In the most recent year, December 2024, the ROA further increased to 4.47%, signaling continued improvement in the company's ability to generate profits from its assets. Overall, despite the fluctuations, Quaker Chemical Corporation has been able to enhance its asset utilization efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024