Quaker Chemical Corporation (KWR)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,353,570 | 1,445,660 | 1,395,020 | 1,391,230 | 1,384,320 | 1,340,380 | 1,335,980 | 1,316,110 | 1,277,920 | 1,279,000 | 1,329,940 | 1,395,070 | 1,387,290 | 1,383,080 | 1,374,800 | 1,328,890 | 1,320,360 | 1,225,940 | 1,166,910 | 1,162,120 |
| ROE | 8.62% | 8.48% | 8.89% | 8.51% | 8.14% | 1.24% | 0.66% | -0.47% | -1.25% | 6.11% | 6.27% | 7.35% | 8.75% | 10.97% | 10.76% | 8.03% | 3.00% | 0.52% | -2.91% | -0.91% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $116,644K ÷ $1,353,570K
= 8.62%
Quaker Chemical Corporation's return on equity (ROE) has shown fluctuations over the past few years. The ROE was negative in the first two quarters of 2020, indicating that the company's net income was not sufficient to cover shareholders' equity during that period. However, there was a steady improvement in ROE from the third quarter of 2020 to the second quarter of 2021, showing a positive trend.
From the second quarter of 2021 to the fourth quarter of 2022, Quaker Chemical Corporation's ROE remained relatively stable, hovering around the 6% to 10% range. This indicates that the company was effectively utilizing its equity to generate profit during this period.
In the last quarter of 2022, there was a sharp decline in ROE, falling back into negative territory. However, from the first quarter of 2023 onwards, the company managed to improve its ROE consistently, reaching levels above 8% by the end of 2024.
Overall, Quaker Chemical Corporation's ROE performance demonstrates both periods of profitability and challenges in generating returns for shareholders. The company should continue to focus on improving its profitability and efficiency in utilizing shareholder equity to ensure sustainable long-term growth.
Peer comparison
Dec 31, 2024