Quaker Chemical Corporation (KWR)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 116,644 | 122,656 | 123,980 | 118,441 | 112,748 | 16,593 | 8,790 | -6,213 | -15,931 | 78,152 | 83,343 | 102,570 | 121,369 | 151,713 | 147,959 | 106,654 | 39,658 | 6,428 | -33,929 | -10,603 |
| 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 |
| ROA | 4.47% | 4.48% | 4.64% | 4.36% | 4.15% | 0.61% | 0.32% | -0.22% | -0.56% | 2.76% | 2.81% | 3.42% | 4.11% | 5.16% | 5.02% | 3.66% | 1.37% | 0.23% | -1.18% | -0.36% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $116,644K ÷ $2,610,650K
= 4.47%
Quaker Chemical Corporation's return on assets (ROA) has shown fluctuations over the analyzed period. Starting at negative values in early 2020, the ROA gradually improved throughout the year, turning positive by September 2020. The trend continued positively into 2021, with ROA reaching its peak in June 2021 at 5.02%. Subsequently, the ROA figures slightly declined but remained above 3% until the end of 2022.
In early 2023, there was a brief dip in ROA, but it quickly recovered and continued to increase steadily, exceeding 4% by the end of 2023. This positive momentum carried into 2024, with ROA consistently hovering around the mid-4% range.
Overall, Quaker Chemical Corporation's ROA has shown resilience and improvement over the analyzed period, indicating effective asset utilization and profitability. Maintaining ROA above 4% in most quarters demonstrates the company's ability to generate profits relative to its asset base. However, the temporary negative ROA figures in 2020 and 2022 suggest periods of lower efficiency or profitability, which may warrant further analysis to identify underlying causes and potential areas for improvement.
Peer comparison
Dec 31, 2024