Quaker Houghton (KWR) Financials

$138.08 -4.52 (-3.17%)

Closing price 05/15/2026 03:59 PM Eastern

Extended Trading

$138.06 -0.03 (-0.02%)

As of 05/15/2026 05:28 PM Eastern

Annual Income Statements for Quaker Houghton

This table shows Quaker Houghton's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	51	61	20	59	32	40	121	-16	113	117	-2.49
Consolidated Net Income / (Loss)	53	63	22	60	32	40	121	-16	113	117	-2.40
Net Income / (Loss) Continuing Operations	53	63	22	60	32	40	121	-16	113	117	-2.40
Total Pre-Tax Income	70	84	61	83	29	27	147	7.12	153	155	7.03
Total Operating Income	75	85	63	88	46	59	150	52	214	195	53
Total Gross Profit	278	280	291	312	392	513	595	613	706	686	679
Total Revenue	738	747	820	868	1,134	1,418	1,761	1,944	1,953	1,840	1,889
Operating Revenue	738	747	820	868	1,134	1,418	1,761	1,944	1,953	1,840	1,889
Total Cost of Revenue	460	467	529	555	741	904	1,167	1,331	1,248	1,154	1,209
Operating Cost of Revenue	460	467	529	555	741	904	1,167	1,331	1,248	1,154	1,209
Total Operating Expenses	203	195	229	225	346	454	444	560	491	491	626
Selling, General & Admin Expense	196	194	199	208	284	381	419	464	484	485	502
Impairment Charge	-	-	-	0.00	0.00	38	0.00	93	0.00	0.00	89
Restructuring Charge	6.79	1.09	30	17	62	35	25	3.16	7.59	6.53	35
Total Other Income / (Expense), net	-4.34	-1.34	-2.08	-4.68	-17	-32	-3.48	-45	-61	-40	-46
Interest Expense	2.59	2.89	1.36	4.04	17	27	22	33	51	41	44
Other Income / (Expense), net	-3.38	-0.49	-0.72	-0.64	-0.25	-5.62	19	-13	-11	1.35	-1.91
Income Tax Expense	18	23	42	25	2.08	-5.30	35	25	56	49	25
Other Gains / (Losses), net	0.26	2.26	3.29	1.76	5.06	7.35	9.38	1.97	15	11	15
Net Income / (Loss) Attributable to Noncontrolling Interest	1.53	1.64	2.02	0.34	0.26	0.13	0.06	0.09	0.12	0.09	0.09
Basic Earnings per Share	$3.84	$4.64	$1.53	$4.46	$2.08	$2.23	$6.79	($0.89)	$6.27	$6.51	($0.14)
Weighted Average Basic Shares Outstanding	13.21M	13.28M	13.31M	13.34M	17.73M	17.85M	17.90M	17.95M	17.99M	17.67M	17.34M
Diluted Earnings per Share	$3.84	$4.63	$1.52	$4.45	$2.08	$2.22	$6.77	($0.89)	$6.26	$6.51	($0.14)
Weighted Average Diluted Shares Outstanding	13.21M	13.28M	13.31M	13.34M	17.73M	17.85M	17.90M	17.95M	17.99M	17.67M	17.34M
Weighted Average Basic & Diluted Shares Outstanding	13.21M	13.28M	13.31M	13.34M	17.73M	17.85M	17.90M	17.95M	17.99M	17.67M	17.34M
Cash Dividends to Common per Share	$1.26	$1.36	$1.41	$1.47	$1.53	$1.56	$1.62	$1.70	$1.78	$1.88	$1.99

This table shows Quaker Houghton's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	34	20	35	35	32	14	13	-67	30	21	20
Consolidated Net Income / (Loss)	34	20	35	35	32	14	13	-67	30	21	20
Net Income / (Loss) Continuing Operations	34	20	35	35	32	14	13	-67	30	21	20
Total Pre-Tax Income	44	34	46	48	42	19	17	-66	35	20	24
Total Operating Income	60	48	56	58	52	29	28	-53	47	31	34
Total Gross Profit	183	171	182	176	173	156	161	172	181	166	177
Total Revenue	491	467	470	464	462	444	443	483	494	468	480
Operating Revenue	491	467	470	464	462	444	443	483	494	468	480
Total Cost of Revenue	307	296	288	288	290	288	282	312	313	303	304
Operating Cost of Revenue	307	296	288	288	290	288	282	312	313	303	304
Total Operating Expenses	124	123	126	117	121	127	134	224	134	134	143
Selling, General & Admin Expense	123	121	124	117	118	125	119	127	126	130	136
Impairment Charge	-	-	-	0.00	0.00	-	0.00	89	0.00	-	0.00
Restructuring Charge	1.02	1.55	1.86	0.32	2.61	1.74	15	8.79	7.75	4.00	7.38
Total Other Income / (Expense), net	-15	-14	-9.74	-10	-9.56	-10	-10	-13	-11	-11	-9.90
Interest Expense	13	12	11	11	10	9.08	9.55	13	11	11	9.88
Other Income / (Expense), net	-2.71	-2.11	1.08	0.42	0.78	-0.93	-0.71	-0.65	-0.27	-0.28	-0.02
Income Tax Expense	14	19	13	16	12	8.85	7.54	5.47	9.27	2.33	7.15
Other Gains / (Losses), net	3.28	4.67	1.98	2.57	2.39	4.03	3.09	4.85	4.32	2.92	3.20
Net Income / (Loss) Attributable to Noncontrolling Interest	0.04	0.03	0.03	0.03	0.03	0.00	-0.01	0.02	0.02	0.06	0.07
Basic Earnings per Share	$1.87	$1.13	$1.96	$1.94	$1.81	$0.80	$0.73	($3.78)	$1.75	$1.16	$1.13
Weighted Average Basic Shares Outstanding	17.98M	17.99M	17.99M	17.91M	17.79M	17.67M	17.68M	17.39M	17.34M	17.34M	17.37M
Diluted Earnings per Share	$1.87	$1.12	$1.95	$1.94	$1.81	$0.81	$0.73	($3.78)	$1.75	$1.16	$1.13
Weighted Average Diluted Shares Outstanding	17.98M	17.99M	17.99M	17.91M	17.79M	17.67M	17.68M	17.39M	17.34M	17.34M	17.37M
Weighted Average Basic & Diluted Shares Outstanding	17.98M	17.99M	17.99M	17.91M	17.79M	17.67M	17.68M	17.39M	17.34M	17.34M	17.37M
Cash Dividends to Common per Share	$0.46	-	$0.46	$0.46	$0.49	-	$0.49	$0.49	$0.51	-	$0.51

This table details how cash moves in and out of Quaker Houghton's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	16	-4.20	-39	13	66	38	-17	16	14	-5.65	-9.05
Net Cash From Operating Activities	73	63	65	79	82	178	49	42	279	205	136
Net Cash From Continuing Operating Activities	73	74	26	79	129	178	49	42	279	205	136
Net Income / (Loss) Continuing Operations	53	63	22	60	32	40	121	-16	113	117	-2.40
Consolidated Net Income / (Loss)	53	63	22	60	32	40	121	-16	113	117	-2.40
Depreciation Expense	12	13	20	20	45	83	87	80	82	84	93
Amortization Expense	6.81	7.01	0.24	0.07	1.98	4.75	4.75	2.94	0.00	0.00	6.02
Non-Cash Adjustments To Reconcile Net Income	14	-0.02	4.62	6.04	27	60	-9.62	100	7.01	11	119
Changes in Operating Assets and Liabilities, net	-12	-20	-22	-6.89	24	-9.18	-154	-125	77	-7.42	-80
Net Cash From Investing Activities	-34	-25	-15	-12	-909	-71	-49	-40	-28	-76	-214
Net Cash From Continuing Investing Activities	-34	-25	-15	-12	-909	-71	-49	-40	-28	-76	-214
Purchase of Property, Plant & Equipment	-11	-9.95	-11	-13	-16	-18	-21	-29	-39	-42	-56
Acquisitions	-24	-15	-5.36	-0.50	-893	-56	-42	-13	0.00	-39	-164
Sale of Property, Plant & Equipment	0.14	0.19	1.58	0.87	0.10	2.70	15	1.46	11	4.68	3.00
Other Investing Activities, net	0.76	0.03	0.05	0.16	0.22	0.04	-	-	0.00	0.00	2.95
Net Cash From Financing Activities	-17	-38	-55	-47	844	-75	-13	25	-239	-123	62
Net Cash From Continuing Financing Activities	-17	-38	-55	-47	844	-75	-13	25	-239	-123	62
Repayment of Debt	-0.48	-15	-2.85	-27	115	-50	14	-695	-204	-38	139
Repurchase of Common Equity	-7.28	-5.86	-32	0.00	0.00	-1.05	-	0.00	0.00	-49	-42
Payment of Dividends	-17	-18	-19	-20	-22	-28	-29	-30	-32	-33	-34
Issuance of Common Equity	1.05	-0.81	-1.96	0.08	1.37	3.87	0.89	-0.38	-2.75	-2.38	-1.39
Effect of Exchange Rate Changes	-6.02	-4.09	5.40	-6.14	1.26	6.59	-3.06	-10	0.77	-11	6.78
Cash Interest Paid	2.22	2.48	2.77	2.42	20	24	19	29	55	45	43

This table details how cash moves in and out of Quaker Houghton's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	8.95	-3.83	1.22	-7.18	24	-23	-2.66	16	-30	7.79	-10
Net Cash From Operating Activities	83	80	27	46	68	63	-3.05	42	51	47	3.79
Net Cash From Continuing Operating Activities	83	80	27	46	68	63	-3.05	42	51	47	3.79
Net Income / (Loss) Continuing Operations	34	20	35	35	32	14	13	-67	30	21	20
Consolidated Net Income / (Loss)	34	20	35	35	32	14	13	-67	30	21	20
Depreciation Expense	21	21	21	21	21	21	21	24	24	25	26
Non-Cash Adjustments To Reconcile Net Income	-0.18	-0.72	4.07	1.58	9.20	-3.14	13	104	7.00	-5.08	7.72
Changes in Operating Assets and Liabilities, net	29	39	-33	-12	4.88	31	-49	-26	-10	5.88	-49
Net Cash From Investing Activities	-8.75	-1.83	-29	-3.92	-23	-21	-13	-167	-12	-21	-9.53
Net Cash From Continuing Investing Activities	-8.75	-1.83	-29	-3.92	-23	-21	-13	-167	-12	-21	-9.53
Purchase of Property, Plant & Equipment	-8.75	-13	-4.46	-6.66	-8.21	-22	-12	-7.96	-13	-22	-11
Acquisitions	-	-	-25	-	-14	-	-3.98	-160	-0.13	-	0.00
Sale of Property, Plant & Equipment	-	11	0.06	2.74	-	1.88	2.90	0.05	0.04	0.00	0.00
Other Investing Activities, net	-	-	-	-	-	-	0.00	-	1.13	1.12	1.13
Net Cash From Financing Activities	-62	-88	6.56	-46	-28	-56	11	137	-68	-17	-3.41
Net Cash From Continuing Financing Activities	-62	-88	6.56	-46	-28	-56	11	137	-68	-17	-3.41
Repayment of Debt	-53	-78	16	-30	-5.27	-19	21	178	-56	-3.31	7.14
Payment of Dividends	-7.83	-8.19	-8.19	-8.19	-8.15	-8.65	-8.57	-8.57	-8.44	-8.81	-8.81
Issuance of Common Equity	-0.24	-1.80	-1.44	-0.05	0.86	-1.75	-1.18	-0.13	0.20	-0.29	-1.75
Effect of Exchange Rate Changes	-4.19	6.52	-3.27	-3.70	5.85	-10	2.85	4.83	-0.68	-0.22	-0.94

This table presents Quaker Houghton's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	681	692	722	710	2,850	2,892	2,956	2,822	2,714	2,611	2,798
Total Current Assets	358	376	407	419	716	793	920	994	928	876	921
Cash & Equivalents	81	89	90	104	124	182	165	181	195	189	180
Accounts Receivable	188	195	208	202	376	373	431	473	445	400	417
Inventories, net	75	77	87	94	175	188	265	285	234	227	266
Prepaid Expenses	14	15	21	18	42	50	60	55	55	60	58
Plant, Property, & Equipment, net	88	86	87	84	213	204	198	199	208	230	313
Plant, Property & Equipment, gross	-	-	-	-	-	-	-	-	-	-	605
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	291
Total Noncurrent Assets	235	230	229	207	1,921	1,895	1,838	1,629	1,579	1,505	1,563
Long-Term Investments	20	23	26	21	94	96	95	88	101	98	107
Goodwill	79	81	86	83	607	631	631	515	513	519	502
Intangible Assets	73	73	72	64	1,122	1,081	1,028	943	897	827	874
Noncurrent Deferred & Refundable Income Taxes	30	24	15	6.95	15	17	16	11	11	9.22	12
Other Noncurrent Operating Assets	32	29	30	32	83	70	68	72	57	51	69
Total Liabilities & Shareholders' Equity	681	692	722	710	2,850	2,892	2,956	2,822	2,714	2,611	2,798
Total Liabilities	299	279	313	273	1,608	1,571	1,568	1,543	1,329	1,256	1,421
Total Current Liabilities	125	127	155	151	360	383	430	355	368	380	380
Short-Term Debt	0.66	0.71	5.74	0.67	38	39	57	19	23	38	36
Accounts Payable	67	78	93	88	164	192	227	194	185	198	199
Accrued Expenses	-	-	-	26	46	43	38	40	55	50	41
Dividends Payable	4.25	4.58	4.72	4.94	6.83	7.05	7.43	7.81	8.19	8.57	8.80
Current Employee Benefit Liabilities	20	19	24	1.21	3.41	1.47	1.55	1.56	2.21	2.33	2.13
Other Current Liabilities	32	24	27	31	102	100	100	92	94	83	93
Total Noncurrent Liabilities	175	114	158	122	1,248	1,188	1,137	1,188	962	877	1,041
Long-Term Debt	81	66	61	36	882	849	836	934	731	670	835
Capital Lease Obligations	-	-	-	0.00	31	27	-	27	23	20	23
Noncurrent Deferred & Payable Income Tax Liabilities	10	12	9.65	10	211	193	179	160	147	139	141
Noncurrent Employee Benefit Liabilities	41	0.00	36	32	57	64	46	29	29	24	21
Other Noncurrent Operating Liabilities	43	36	51	44	66	55	76	39	32	24	22
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	381	413	410	436	1,242	1,321	1,388	1,279	1,385	1,354	1,376
Total Preferred & Common Equity	373	403	408	435	1,241	1,320	1,387	1,278	1,384	1,354	1,373
Total Common Equity	373	403	408	435	1,241	1,320	1,387	1,278	1,384	1,354	1,373
Common Stock	120	126	107	111	906	923	935	946	958	921	892
Retained Earnings	327	364	366	405	413	424	516	470	551	634	597
Accumulated Other Comprehensive Income / (Loss)	-73	-87	-65	-81	-78	-27	-64	-138	-124	-202	-116
Noncontrolling Interest	8.20	9.85	1.95	1.32	1.60	0.55	0.63	0.67	0.60	0.62	3.39

This table presents Quaker Houghton's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	2,832	2,858	2,790	2,733	2,714	2,672	2,736	2,664	2,849	2,817	2,802
Total Current Assets	985	1,029	984	966	933	919	942	912	974	946	953
Cash & Equivalents	139	190	189	198	196	189	212	186	202	172	170
Accounts Receivable	462	483	454	446	440	424	423	419	437	436	441
Inventories, net	317	293	275	251	240	239	245	246	264	269	283
Prepaid Expenses	67	63	65	71	57	67	62	61	70	69	59
Plant, Property, & Equipment, net	188	203	205	196	202	201	216	232	287	296	311
Plant, Property & Equipment, gross	426	439	442	432	445	448	474	496	564	579	611
Accumulated Depreciation	237	236	237	235	243	247	259	264	278	284	300
Total Noncurrent Assets	1,658	1,626	1,602	1,570	1,579	1,552	1,578	1,520	1,588	1,575	1,538
Long-Term Investments	77	91	92	93	100	96	103	101	104	107	106
Goodwill	591	517	507	504	523	518	533	525	502	502	502
Intangible Assets	916	936	918	890	886	866	875	830	908	891	848
Noncurrent Deferred & Refundable Income Taxes	11	10	10	9.57	10	13	12	9.44	9.25	10	12
Other Noncurrent Operating Assets	64	71	74	72	60	60	55	54	64	66	70
Total Liabilities & Shareholders' Equity	2,832	2,858	2,790	2,733	2,714	2,672	2,736	2,664	2,849	2,817	2,802
Total Liabilities	1,552	1,542	1,454	1,391	1,323	1,277	1,289	1,278	1,503	1,450	1,423
Total Current Liabilities	366	369	347	352	350	350	371	373	380	383	388
Short-Term Debt	20	19	19	19	28	32	39	37	38	36	37
Accounts Payable	209	217	194	190	191	185	192	199	204	206	205
Accrued Expenses	33	27	35	44	28	32	39	29	36	42	30
Dividends Payable	7.80	7.82	7.83	8.19	8.19	8.16	8.66	8.58	8.44	8.83	8.82
Current Employee Benefit Liabilities	1.54	1.57	1.58	1.57	2.21	2.19	2.18	2.23	2.25	2.26	2.12
Other Current Liabilities	94	97	89	89	93	90	91	97	91	89	105
Total Noncurrent Liabilities	1,186	1,172	1,107	1,039	972	927	918	905	1,123	1,067	1,034
Long-Term Debt	931	922	864	805	740	704	701	699	898	839	837
Capital Lease Obligations	26	-	-	-	23	22	21	21	24	23	22
Noncurrent Deferred & Payable Income Tax Liabilities	151	158	156	152	151	147	143	137	151	151	132
Noncurrent Employee Benefit Liabilities	38	29	29	27	29	28	26	24	24	24	20
Other Noncurrent Operating Liabilities	40	64	58	55	30	26	28	25	25	31	23
Commitments & Contingencies	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,280	1,317	1,337	1,341	1,392	1,396	1,446	1,387	1,345	1,367	1,379
Total Preferred & Common Equity	1,279	1,316	1,336	1,340	1,391	1,395	1,446	1,386	1,342	1,364	1,376
Total Common Equity	1,279	1,316	1,336	1,340	1,391	1,395	1,446	1,386	1,342	1,364	1,376
Common Stock	943	948	953	956	961	956	946	923	894	894	894
Retained Earnings	554	492	513	539	578	604	628	638	563	585	607
Accumulated Other Comprehensive Income / (Loss)	-218	-123	-130	-155	-147	-166	-128	-176	-115	-115	-125
Noncontrolling Interest	0.63	0.68	0.69	0.72	0.56	0.59	0.61	0.62	3.21	3.23	3.47

This table displays calculated financial ratios and metrics derived from Quaker Houghton's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.70%	1.24%	9.83%	5.78%	30.66%	25.07%	24.23%	10.36%	0.50%	-5.82%	2.66%
EBITDA Growth	-4.60%	15.52%	-21.25%	403.48%	-56.63%	52.81%	83.87%	-52.76%	133.31%	-1.96%	-46.27%
EBIT Growth	-8.87%	19.20%	-26.91%	180.98%	-73.67%	17.14%	215.06%	-76.55%	413.45%	-3.81%	-73.95%
NOPAT Growth	2.93%	10.90%	-68.16%	423.62%	-30.19%	65.73%	61.68%	-214.08%	204.42%	-2.80%	-199.78%
Net Income Growth	-9.59%	19.61%	-64.63%	336.42%	-46.69%	24.79%	205.20%	-113.05%	812.49%	3.42%	-102.06%
EPS Growth	-9.86%	20.57%	-67.17%	385.53%	-53.26%	6.73%	204.96%	-113.15%	803.37%	3.99%	-102.15%
Operating Cash Flow Growth	34.27%	-14.51%	3.16%	21.64%	4.56%	116.56%	-72.57%	-14.59%	567.61%	-26.68%	-33.30%
Free Cash Flow Firm Growth	288.07%	-65.57%	297.70%	-1,048.18%	-344.68%	107.23%	-41.92%	-291.82%	360.27%	-21.22%	-257.38%
Invested Capital Growth	2.18%	12.36%	-11.15%	-7.18%	181.45%	-0.93%	3.19%	-1.54%	-6.14%	-3.81%	10.47%
Revenue Q/Q Growth	-1.44%	1.08%	2.48%	0.09%	18.85%	-0.38%	3.60%	1.98%	-0.90%	-1.24%	1.31%
EBITDA Q/Q Growth	-3.41%	-46.27%	-2.89%	272.20%	23.57%	27.40%	-7.31%	-41.72%	55.59%	-5.90%	3.78%
EBIT Q/Q Growth	-4.61%	-63.46%	-4.50%	210.72%	0.78%	137.20%	-11.15%	-68.41%	99.85%	-8.43%	5.96%
NOPAT Q/Q Growth	3.19%	6.80%	-59.23%	93.91%	60.79%	125.57%	-10.37%	-223.87%	1,697.25%	-4.94%	39.43%
Net Income Q/Q Growth	-2.00%	10.69%	-55.04%	81.01%	30.40%	503.56%	-20.01%	-120.25%	575.80%	-4.92%	73.24%
EPS Q/Q Growth	-2.78%	11.03%	-57.18%	83.44%	4.52%	1,133.33%	-20.17%	-120.41%	595.56%	-4.55%	71.43%
Operating Cash Flow Q/Q Growth	8.84%	-16.95%	27.99%	5.24%	30.01%	12.23%	-28.93%	107.61%	4.29%	-7.46%	-10.80%
Free Cash Flow Firm Q/Q Growth	62.28%	-96.61%	162.77%	-990.85%	16.54%	726.06%	214.28%	-182.39%	48.21%	66.77%	-2.56%
Invested Capital Q/Q Growth	-0.68%	11.94%	-6.47%	188.47%	6.05%	3.92%	-1.76%	-2.56%	-0.41%	-5.07%	-0.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.66%	37.51%	35.54%	72.00%	34.59%	36.22%	33.76%	31.52%	36.13%	37.29%	35.97%
EBITDA Margin	12.26%	13.99%	10.03%	24.65%	8.18%	10.00%	14.80%	6.33%	14.70%	15.31%	7.97%
Operating Margin	10.11%	11.43%	7.65%	20.24%	4.07%	4.19%	8.54%	2.69%	10.98%	10.58%	2.81%
EBIT Margin	9.65%	11.37%	7.56%	20.09%	4.05%	3.79%	9.61%	2.04%	10.43%	10.66%	2.70%
Profit (Net Income) Margin	7.15%	8.44%	2.72%	13.79%	2.81%	2.81%	6.90%	-0.82%	5.78%	6.35%	-0.13%
Tax Burden Percent	75.05%	75.04%	36.76%	143.95%	110.31%	146.60%	82.61%	-222.56%	73.71%	75.28%	-34.16%
Interest Burden Percent	98.65%	99.00%	97.81%	190.73%	63.00%	50.50%	86.81%	17.93%	75.13%	79.09%	13.76%
Effective Tax Rate	25.32%	27.65%	68.66%	60.29%	7.21%	-19.51%	23.77%	350.17%	36.30%	31.79%	350.08%
Return on Invested Capital (ROIC)	15.37%	15.88%	5.06%	17.08%	3.18%	3.59%	5.74%	-6.50%	7.06%	7.22%	-6.98%
ROIC Less NNEP Spread (ROIC-NNEP)	42.68%	0.03%	-6.60%	38.91%	-0.62%	-0.90%	6.79%	10.43%	3.12%	3.80%	17.47%
Return on Net Nonoperating Assets (RNNOA)	-1.25%	0.00%	0.36%	-5.88%	-0.21%	-0.49%	3.22%	5.31%	1.42%	1.30%	6.81%
Return on Equity (ROE)	14.12%	15.88%	5.42%	28.28%	2.97%	3.10%	8.97%	-1.19%	8.48%	8.52%	-0.18%
Cash Return on Invested Capital (CROIC)	13.21%	4.24%	16.87%	-153.49%	-91.95%	4.53%	2.60%	-4.95%	13.39%	11.10%	-16.93%
Operating Return on Assets (OROA)	10.58%	12.36%	8.77%	24.34%	2.58%	1.87%	5.79%	1.37%	7.36%	7.36%	1.89%
Return on Assets (ROA)	7.83%	9.18%	3.15%	16.71%	1.79%	1.39%	4.15%	-0.55%	4.08%	4.38%	-0.09%
Return on Common Equity (ROCE)	13.82%	15.52%	5.35%	28.17%	2.97%	3.10%	8.96%	-1.19%	8.47%	8.52%	-0.18%
Return on Equity Simple (ROE_SIMPLE)	14.13%	15.65%	5.47%	13.75%	2.57%	3.01%	8.75%	-1.24%	8.15%	8.62%	0.00%
Net Operating Profit after Tax (NOPAT)	56	62	20	61	43	71	115	-131	137	133	-133
NOPAT Margin	7.55%	8.27%	2.40%	14.14%	3.78%	5.00%	6.51%	-6.73%	6.99%	7.22%	-7.02%
Net Nonoperating Expense Percent (NNEP)	-27.31%	15.85%	11.66%	-2.36%	3.81%	4.50%	-1.05%	-16.93%	3.93%	3.43%	-24.45%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-5.79%	6.32%	6.38%	-5.84%
Cost of Revenue to Revenue	62.34%	62.49%	64.46%	128.00%	65.41%	63.78%	66.24%	68.48%	63.87%	62.71%	64.03%
SG&A Expenses to Revenue	26.63%	25.94%	24.24%	47.92%	25.04%	26.86%	23.78%	23.88%	24.76%	26.35%	26.60%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.55%	26.08%	27.89%	51.76%	30.52%	32.03%	25.22%	28.83%	25.14%	26.71%	33.17%
Earnings before Interest and Taxes (EBIT)	71	85	62	174	46	54	169	40	204	196	51
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	90	104	82	214	93	142	261	123	287	282	151
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.52	3.93	4.63	5.17	2.25	3.31	2.90	2.29	2.74	1.84	1.73
Price to Tangible Book Value (P/TBV)	4.26	6.35	7.55	7.81	0.00	0.00	0.00	0.00	0.00	329.33	0.00
Price to Revenue (P/Rev)	1.28	2.12	2.30	2.59	2.47	3.08	2.28	1.50	1.94	1.36	1.26
Price to Earnings (P/E)	18.38	25.75	93.12	37.85	88.36	110.11	33.10	0.00	33.58	21.39	0.00
Dividend Yield	1.75%	1.40%	0.99%	1.71%	0.96%	0.63%	0.71%	1.03%	0.84%	1.32%	1.43%
Earnings Yield	5.44%	3.88%	1.07%	2.64%	1.13%	0.91%	3.02%	0.00%	2.98%	4.68%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.54	3.76	5.04	6.14	1.78	2.55	2.29	1.82	2.28	1.63	1.50
Enterprise Value to Revenue (EV/Rev)	1.26	2.07	2.25	2.49	3.11	3.53	2.64	1.87	2.19	1.60	1.58
Enterprise Value to EBITDA (EV/EBITDA)	10.28	14.80	22.39	20.23	38.06	35.31	17.85	29.52	14.86	10.43	19.82
Enterprise Value to EBIT (EV/EBIT)	13.06	18.22	29.69	24.83	76.95	93.13	27.47	91.56	20.94	14.97	58.41
Enterprise Value to NOPAT (EV/NOPAT)	16.70	25.03	93.64	35.28	82.48	70.55	40.55	0.00	31.24	22.11	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	12.66	24.63	28.43	27.46	42.86	28.06	95.05	86.96	15.30	14.35	21.86
Enterprise Value to Free Cash Flow (EV/FCFF)	19.42	93.80	28.09	0.00	0.00	55.99	89.59	0.00	16.47	14.38	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.22	0.16	0.16	0.17	0.77	0.69	0.64	0.77	0.56	0.54	0.65
Long-Term Debt to Equity	0.21	0.16	0.15	0.16	0.74	0.66	0.60	0.75	0.54	0.51	0.62
Financial Leverage	-0.03	-0.02	-0.06	-0.30	0.34	0.54	0.47	0.51	0.45	0.34	0.39
Leverage Ratio	1.80	1.73	1.72	3.39	2.12	2.24	2.16	2.17	2.08	1.94	1.98
Compound Leverage Factor	1.78	1.71	1.68	3.23	1.34	1.13	1.87	0.39	1.56	1.54	0.27
Debt to Total Capital	17.72%	13.88%	14.02%	15.48%	43.38%	40.93%	39.16%	43.38%	35.94%	34.94%	39.36%
Short-Term Debt to Total Capital	0.14%	0.15%	1.20%	0.28%	1.75%	1.74%	2.50%	0.85%	1.08%	1.80%	1.57%
Long-Term Debt to Total Capital	17.58%	13.73%	12.82%	15.20%	41.64%	39.18%	36.66%	42.53%	34.86%	33.13%	37.79%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.77%	2.06%	0.41%	0.56%	0.07%	0.02%	0.03%	0.03%	0.03%	0.03%	0.15%
Common Equity to Total Capital	80.51%	84.07%	85.57%	183.96%	56.54%	59.05%	60.81%	56.59%	64.03%	65.03%	60.49%
Debt to EBITDA	0.91	0.64	0.81	0.34	10.26	6.46	3.43	7.96	2.71	2.58	5.93
Net Debt to EBITDA	-0.21	-0.43	-0.59	-0.83	7.92	4.50	2.43	5.77	1.68	1.56	4.03
Long-Term Debt to EBITDA	0.90	0.63	0.74	0.34	9.85	6.18	3.21	7.80	2.62	2.45	5.70
Debt to NOPAT	1.47	1.08	3.40	0.60	22.24	12.90	7.79	-7.49	5.69	5.48	-6.74
Net Debt to NOPAT	-0.35	-0.73	-2.48	-2.90	17.16	8.99	5.52	-5.43	3.52	3.32	-4.58
Long-Term Debt to NOPAT	1.46	1.07	3.11	1.17	21.34	12.35	7.29	-7.34	5.52	5.19	-6.47
Altman Z-Score	4.40	6.05	6.17	7.82	1.85	2.59	2.77	2.38	3.21	2.71	2.27
Noncontrolling Interest Sharing Ratio	2.12%	2.27%	1.43%	0.39%	0.17%	0.08%	0.04%	0.05%	0.05%	0.04%	0.15%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.88	2.95	2.63	2.76	1.99	2.07	2.14	2.80	2.52	2.31	2.42
Quick Ratio	2.16	2.23	1.93	2.02	1.39	1.45	1.38	1.84	1.74	1.55	1.57
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	48	16	66	-278	-1,236	89	52	-100	259	204	-321
Operating Cash Flow to CapEx	673.81%	642.68%	696.74%	655.40%	533.44%	1,173.69%	728.93%	154.36%	1,010.17%	551.16%	258.14%
Free Cash Flow to Firm to Interest Expense	18.52	5.71	48.27	-68.79	-72.82	3.36	2.33	-3.06	5.11	4.98	-7.29
Operating Cash Flow to Interest Expense	28.41	21.73	47.69	19.49	4.85	6.71	2.19	1.28	5.50	4.99	3.10
Operating Cash Flow Less CapEx to Interest Expense	24.19	18.35	40.84	16.52	3.94	6.13	1.89	0.45	4.96	4.08	1.90
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.10	1.09	1.16	2.42	0.64	0.49	0.60	0.67	0.71	0.69	0.70
Accounts Receivable Turnover	3.90	3.89	4.06	8.45	3.92	3.79	4.38	4.30	4.26	4.35	4.62
Inventory Turnover	6.02	6.13	6.43	12.25	5.51	4.99	5.16	4.85	4.81	5.00	4.90
Fixed Asset Turnover	8.51	8.61	9.51	20.34	7.62	6.79	8.78	9.81	9.61	8.41	6.96
Accounts Payable Turnover	6.46	6.44	6.20	12.28	5.89	5.08	5.58	6.33	6.59	6.03	6.09
Days Sales Outstanding (DSO)	93.48	93.74	89.81	172.71	93.08	96.41	83.28	84.84	85.75	83.83	78.97
Days Inventory Outstanding (DIO)	60.65	59.53	56.73	119.20	66.23	73.21	70.76	75.33	75.87	72.98	74.44
Days Payable Outstanding (DPO)	56.47	56.67	58.90	120.50	62.01	71.84	65.47	57.68	55.41	60.58	59.92
Cash Conversion Cycle (CCC)	97.66	96.60	87.64	173.03	97.29	97.79	88.57	102.50	106.22	96.23	93.49
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	366	411	366	705	1,984	1,965	2,028	1,997	1,874	1,803	1,992
Invested Capital Turnover	2.04	1.92	2.11	4.85	0.84	0.72	0.88	0.97	1.01	1.00	1.00
Increase / (Decrease) in Invested Capital	7.82	45	-46	679	1,279	-18	63	-31	-123	-71	189
Enterprise Value (EV)	930	1,546	1,841	2,164	3,531	5,005	4,651	3,635	4,268	2,936	2,983
Market Capitalization	941	1,581	1,888	4,613	2,794	4,367	4,017	2,923	3,786	2,495	2,373
Book Value per Share	$28.04	$30.38	$30.65	$32.63	$69.97	$74.05	$77.53	$71.27	$76.97	$76.10	$79.19
Tangible Book Value per Share	$16.58	$18.77	$18.80	$21.61	($27.53)	($22.00)	($15.18)	($10.04)	($1.39)	$0.43	($0.12)
Total Capital	463	479	476	946	2,194	2,236	2,281	2,258	2,162	2,081	2,270
Total Debt	82	66	67	73	952	915	893	980	777	727	893
Total Long-Term Debt	81	66	61	72	914	876	836	961	754	690	858
Net Debt	-19	-45	-49	-178	735	637	633	711	481	440	607
Capital Expenditures (CapEx)	11	9.77	9.30	24	15	15	6.71	27	28	37	53
Debt-free, Cash-free Net Working Capital (DFCFNWC)	153	161	168	327	271	267	382	478	389	345	397
Debt-free Net Working Capital (DFNWC)	234	250	258	535	394	449	547	659	584	534	577
Net Working Capital (NWC)	234	249	252	534	356	410	490	639	560	497	541
Net Nonoperating Expense (NNE)	2.98	-1.28	-2.63	1.51	11	31	-6.73	-115	24	16	-130
Net Nonoperating Obligations (NNO)	-15	-1.14	-44	-168	742	645	640	718	490	449	615
Total Depreciation and Amortization (D&A)	19	20	20	40	47	88	91	83	83	86	99
Debt-free, Cash-free Net Working Capital to Revenue	20.76%	21.56%	20.45%	18.85%	23.89%	18.83%	21.66%	24.57%	19.93%	18.77%	21.01%
Debt-free Net Working Capital to Revenue	31.75%	33.45%	31.41%	30.86%	34.79%	31.65%	31.04%	33.89%	29.89%	29.04%	30.53%
Net Working Capital to Revenue	31.66%	33.36%	30.71%	30.78%	31.41%	28.90%	27.81%	32.90%	28.69%	27.00%	28.65%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.84	$4.64	$1.53	$4.46	$2.08	$2.23	$6.79	($0.89)	$6.27	$6.51	($0.14)
Adjusted Weighted Average Basic Shares Outstanding	13.21M	13.28M	13.31M	13.34M	17.73M	17.85M	17.90M	17.95M	17.99M	17.67M	17.34M
Adjusted Diluted Earnings per Share	$3.84	$4.63	$1.52	$4.45	$2.08	$2.22	$6.77	($0.89)	$6.26	$6.51	($0.14)
Adjusted Weighted Average Diluted Shares Outstanding	13.21M	13.28M	13.31M	13.34M	17.73M	17.85M	17.90M	17.95M	17.99M	17.67M	17.34M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	13.21M	13.28M	13.31M	13.34M	17.73M	17.85M	17.90M	17.95M	17.99M	17.67M	17.34M
Normalized Net Operating Profit after Tax (NOPAT)	61	63	65	73	100	93	134	104	141	137	124
Normalized NOPAT Margin	8.24%	8.38%	7.91%	16.82%	8.86%	6.55%	7.61%	5.35%	7.24%	7.46%	6.56%
Pre Tax Income Margin	9.52%	11.25%	7.40%	19.16%	2.55%	1.91%	8.35%	0.37%	7.84%	8.43%	0.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	27.54	29.37	45.67	21.56	2.70	2.02	7.58	1.22	4.02	4.78	1.16
NOPAT to Interest Expense	21.54	21.38	14.48	15.17	2.52	2.67	5.14	-4.02	2.70	3.24	-3.01
EBIT Less CapEx to Interest Expense	23.32	25.99	38.83	18.59	1.79	1.45	7.28	0.39	3.48	3.88	-0.04
NOPAT Less CapEx to Interest Expense	17.33	18.00	7.64	12.20	1.61	2.10	4.84	-4.85	2.15	2.33	-4.21
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	31.33%	27.96%	83.47%	67.53%	68.47%	71.16%	23.55%	-190.02%	28.04%	28.42%	-1,432.44%
Augmented Payout Ratio	45.14%	37.25%	226.01%	67.53%	68.47%	73.80%	23.55%	-190.02%	28.04%	70.61%	-3,161.77%

This table displays calculated financial ratios and metrics derived from Quaker Houghton's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	17,335,075.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	17,335,075.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.13
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.33%	-3.65%	-6.08%	-6.43%	-5.78%	-4.93%	-5.71%	4.28%	6.83%	5.49%	8.48%
EBITDA Growth	20.19%	288.49%	13.87%	8.48%	-4.81%	-26.33%	-38.62%	-136.83%	-4.22%	14.06%	24.61%
EBIT Growth	27.10%	182.84%	18.70%	10.68%	-7.58%	-39.14%	-52.45%	-190.30%	-11.68%	10.23%	24.71%
NOPAT Growth	28.19%	158.51%	11.75%	5.08%	-10.57%	-29.37%	-61.27%	-193.57%	-6.38%	78.16%	50.08%
Net Income Growth	30.11%	126.64%	19.35%	18.77%	-3.97%	-29.85%	-63.36%	-290.67%	-5.83%	46.30%	52.84%
EPS Growth	29.86%	126.42%	18.90%	19.02%	-3.21%	-27.68%	-62.56%	-294.85%	-3.31%	43.21%	54.79%
Operating Cash Flow Growth	566.75%	16.85%	-27.93%	-40.84%	-18.50%	-20.73%	-111.20%	-10.22%	-24.41%	-26.20%	224.13%
Free Cash Flow Firm Growth	340.39%	2,410.13%	-13.49%	-30.00%	-90.63%	-39.87%	-64.42%	-253.90%	-407.83%	-285.53%	-360.60%
Invested Capital Growth	-8.16%	-6.14%	-4.50%	-3.57%	0.92%	-3.81%	-1.61%	6.97%	4.98%	10.47%	7.71%
Revenue Q/Q Growth	-0.98%	-4.79%	0.57%	-1.32%	-0.28%	-3.93%	-0.26%	9.14%	2.16%	-5.14%	2.56%
EBITDA Q/Q Growth	4.92%	-13.79%	15.98%	3.40%	-7.93%	-33.27%	-3.81%	-162.05%	339.33%	-20.73%	5.85%
EBIT Q/Q Growth	6.80%	-18.78%	22.69%	4.00%	-10.82%	-46.51%	-4.16%	-297.52%	187.22%	-33.25%	8.44%
NOPAT Q/Q Growth	10.05%	-46.63%	83.80%	-2.66%	-6.35%	-57.85%	0.79%	-335.17%	193.70%	-19.79%	-15.10%
Net Income Q/Q Growth	14.69%	-39.99%	74.30%	-0.99%	-7.27%	-56.17%	-8.96%	-615.31%	145.80%	-31.91%	-4.90%
EPS Q/Q Growth	14.72%	-40.11%	74.11%	-0.51%	-6.70%	-55.25%	-9.88%	-617.81%	146.30%	-33.71%	-2.59%
Operating Cash Flow Q/Q Growth	6.56%	-4.61%	-65.77%	70.04%	46.82%	-7.23%	-104.84%	1,463.02%	23.61%	-9.42%	-91.87%
Free Cash Flow Firm Q/Q Growth	34.04%	-30.67%	-10.19%	-16.13%	-82.06%	345.04%	-46.87%	-462.82%	64.12%	-168.21%	25.37%
Invested Capital Q/Q Growth	-3.30%	-0.41%	1.12%	-0.98%	1.20%	-5.07%	3.43%	7.66%	-0.68%	-0.11%	0.84%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.37%	36.64%	38.65%	37.91%	37.33%	35.17%	36.41%	35.52%	36.62%	35.33%	36.78%
EBITDA Margin	15.85%	14.35%	16.55%	17.35%	16.01%	11.12%	10.73%	-6.10%	14.29%	11.94%	12.32%
Operating Margin	12.13%	10.33%	11.82%	12.61%	11.19%	6.53%	6.24%	-10.86%	9.44%	6.67%	6.99%
EBIT Margin	11.58%	9.88%	12.05%	12.70%	11.36%	6.32%	6.08%	-11.00%	9.39%	6.61%	6.99%
Profit (Net Income) Margin	6.87%	4.33%	7.51%	7.53%	7.00%	3.20%	2.92%	-13.77%	6.17%	4.43%	4.11%
Tax Burden Percent	76.57%	59.17%	77.01%	72.55%	76.79%	74.66%	74.36%	100.94%	86.05%	102.92%	83.35%
Interest Burden Percent	77.50%	74.09%	80.88%	81.73%	80.29%	67.68%	64.54%	124.04%	76.41%	65.16%	70.57%
Effective Tax Rate	30.88%	54.50%	27.32%	32.79%	28.86%	46.55%	43.42%	0.00%	26.15%	11.54%	30.16%
Return on Invested Capital (ROIC)	8.41%	4.74%	8.51%	8.38%	7.84%	3.49%	3.40%	-7.17%	6.68%	5.87%	4.86%
ROIC Less NNEP Spread (ROIC-NNEP)	7.27%	4.46%	7.64%	7.58%	6.95%	3.21%	2.85%	-12.39%	5.95%	4.58%	4.18%
Return on Net Nonoperating Assets (RNNOA)	3.64%	2.02%	3.31%	3.03%	2.48%	1.10%	1.01%	-5.17%	2.28%	1.78%	1.68%
Return on Equity (ROE)	12.05%	6.76%	11.82%	11.41%	10.32%	4.59%	4.41%	-12.34%	8.96%	7.65%	6.53%
Cash Return on Invested Capital (CROIC)	8.90%	13.39%	11.91%	11.16%	6.47%	11.10%	7.39%	-11.63%	-16.09%	-16.93%	-9.90%
Operating Return on Assets (OROA)	8.20%	6.97%	8.32%	8.79%	7.74%	4.37%	4.10%	-7.30%	6.31%	4.61%	4.92%
Return on Assets (ROA)	4.87%	3.06%	5.18%	5.21%	4.77%	2.21%	1.97%	-9.14%	4.15%	3.09%	2.90%
Return on Common Equity (ROCE)	12.04%	6.76%	11.82%	11.40%	10.32%	4.59%	4.41%	-12.33%	8.95%	7.64%	6.52%
Return on Equity Simple (ROE_SIMPLE)	1.25%	0.00%	8.52%	8.90%	8.49%	0.00%	6.81%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	41	22	40	39	37	16	16	-37	34	28	23
NOPAT Margin	8.39%	4.70%	8.59%	8.47%	7.96%	3.49%	3.53%	-7.60%	6.97%	5.90%	4.88%
Net Nonoperating Expense Percent (NNEP)	1.13%	0.29%	0.87%	0.80%	0.89%	0.28%	0.55%	5.21%	0.73%	1.29%	0.67%
Return On Investment Capital (ROIC_SIMPLE)	-	1.02%	-	-	-	0.75%	0.73%	-1.59%	1.52%	1.22%	1.03%
Cost of Revenue to Revenue	62.63%	63.36%	61.35%	62.09%	62.67%	64.83%	63.59%	64.48%	63.38%	64.67%	63.22%
SG&A Expenses to Revenue	25.03%	25.98%	26.43%	25.23%	25.57%	28.25%	26.88%	26.19%	25.61%	27.81%	28.26%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.24%	26.31%	26.83%	25.30%	26.14%	28.64%	30.17%	46.39%	27.18%	28.67%	29.79%
Earnings before Interest and Taxes (EBIT)	57	46	57	59	53	28	27	-53	46	31	34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	78	67	78	80	74	49	48	-29	71	56	59
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.12	2.74	2.64	2.18	2.08	1.84	1.57	1.47	1.67	1.73	1.56
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	270.23	78.50	329.33	70.25	0.00	0.00	0.00	83.52
Price to Revenue (P/Rev)	1.44	1.94	1.91	1.61	1.62	1.36	1.20	1.08	1.22	1.26	1.11
Price to Earnings (P/E)	171.28	33.58	31.03	24.56	24.53	21.39	23.05	0.00	0.00	0.00	503.67
Dividend Yield	1.10%	0.84%	0.87%	1.06%	1.08%	1.32%	1.53%	1.71%	1.48%	1.43%	1.60%
Earnings Yield	0.58%	2.98%	3.22%	4.07%	4.08%	4.68%	4.34%	0.00%	0.00%	0.00%	0.20%
Enterprise Value to Invested Capital (EV/IC)	1.79	2.28	2.20	1.88	1.82	1.63	1.42	1.31	1.46	1.50	1.38
Enterprise Value to Revenue (EV/Rev)	1.71	2.19	2.17	1.86	1.85	1.60	1.46	1.43	1.56	1.58	1.44
Enterprise Value to EBITDA (EV/EBITDA)	18.29	14.86	14.06	11.62	11.54	10.43	10.57	17.73	20.02	19.82	17.73
Enterprise Value to EBIT (EV/EBIT)	33.10	20.94	19.61	16.11	16.13	14.97	15.90	48.37	60.25	58.41	47.97
Enterprise Value to NOPAT (EV/NOPAT)	444.03	31.24	29.43	24.48	24.73	22.11	24.39	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	12.62	15.30	15.54	14.88	15.63	14.35	15.17	15.50	18.99	21.86	19.33
Enterprise Value to Free Cash Flow (EV/FCFF)	19.30	16.47	18.05	16.50	28.22	14.38	19.03	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.61	0.56	0.57	0.54	0.53	0.54	0.55	0.71	0.66	0.65	0.65
Long-Term Debt to Equity	0.60	0.54	0.55	0.52	0.50	0.51	0.52	0.69	0.63	0.62	0.62
Financial Leverage	0.50	0.45	0.43	0.40	0.36	0.34	0.35	0.42	0.38	0.39	0.40
Leverage Ratio	2.12	2.08	2.06	2.00	1.96	1.94	1.94	2.01	1.97	1.98	1.98
Compound Leverage Factor	1.65	1.54	1.66	1.63	1.58	1.32	1.25	2.50	1.51	1.29	1.39
Debt to Total Capital	38.06%	35.94%	36.24%	35.19%	34.45%	34.94%	35.32%	41.64%	39.63%	39.36%	39.40%
Short-Term Debt to Total Capital	0.89%	1.08%	1.27%	1.51%	1.76%	1.80%	1.74%	1.64%	1.59%	1.57%	1.64%
Long-Term Debt to Total Capital	37.18%	34.86%	34.97%	33.68%	32.69%	33.13%	33.58%	40.00%	38.04%	37.79%	37.76%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.14%	0.14%	0.15%	0.15%
Common Equity to Total Capital	61.90%	64.03%	63.74%	64.78%	65.52%	65.03%	64.65%	58.22%	60.23%	60.49%	60.45%
Debt to EBITDA	4.46	2.71	2.67	2.50	2.54	2.58	3.03	6.48	6.18	5.93	5.74
Net Debt to EBITDA	2.89	1.68	1.67	1.56	1.49	1.56	1.88	4.41	4.26	4.03	3.97
Long-Term Debt to EBITDA	4.36	2.62	2.57	2.39	2.41	2.45	2.88	6.22	5.94	5.70	5.50
Debt to NOPAT	108.42	5.69	5.58	5.27	5.44	5.48	6.98	-10.09	-4.10	-6.74	-18.68
Net Debt to NOPAT	70.10	3.52	3.50	3.29	3.18	3.32	4.33	-6.87	-2.83	-4.58	-12.93
Long-Term Debt to NOPAT	105.89	5.52	5.39	5.04	5.16	5.19	6.64	-9.70	-3.94	-6.47	-17.91
Altman Z-Score	2.56	3.02	3.00	2.78	2.72	2.50	2.31	1.90	2.19	2.24	2.18
Noncontrolling Interest Sharing Ratio	0.05%	0.05%	0.05%	0.05%	0.05%	0.04%	0.04%	0.14%	0.14%	0.15%	0.15%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.74	2.52	2.66	2.63	2.54	2.31	2.45	2.56	2.47	2.42	2.45
Quick Ratio	1.83	1.74	1.82	1.75	1.71	1.55	1.62	1.68	1.59	1.57	1.57
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	208	144	130	109	20	87	46	-167	-60	-161	-120
Operating Cash Flow to CapEx	952.80%	4,354.68%	618.61%	1,179.99%	827.71%	306.45%	-32.35%	525.56%	386.40%	209.44%	35.53%
Free Cash Flow to Firm to Interest Expense	16.31	12.09	11.99	10.12	1.89	9.57	4.84	-13.11	-5.49	-14.95	-12.18
Operating Cash Flow to Interest Expense	6.53	6.66	2.52	4.31	6.57	6.95	-0.32	3.25	4.70	4.32	0.38
Operating Cash Flow Less CapEx to Interest Expense	5.84	6.50	2.11	3.94	5.78	4.68	-1.31	2.63	3.48	2.26	-0.70
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.71	0.71	0.69	0.69	0.68	0.69	0.67	0.66	0.67	0.70	0.70
Accounts Receivable Turnover	4.34	4.26	4.17	4.31	4.29	4.35	4.22	4.26	4.34	4.62	4.48
Inventory Turnover	4.51	4.81	4.53	4.59	4.69	5.00	4.71	4.65	4.65	4.90	4.66
Fixed Asset Turnover	10.24	9.61	9.49	9.33	9.04	8.41	8.34	7.52	7.29	6.96	7.08
Accounts Payable Turnover	6.41	6.59	5.93	6.22	6.08	6.03	5.87	6.02	6.01	6.09	6.08
Days Sales Outstanding (DSO)	84.11	85.75	87.58	84.75	85.16	83.83	86.44	85.77	84.09	78.97	81.47
Days Inventory Outstanding (DIO)	80.96	75.87	80.59	79.56	77.88	72.98	77.41	78.47	78.49	74.44	78.35
Days Payable Outstanding (DPO)	56.94	55.41	61.55	58.68	59.99	60.58	62.14	60.62	60.72	59.92	60.00
Cash Conversion Cycle (CCC)	108.13	106.22	106.62	105.63	103.05	96.23	101.72	103.62	101.86	93.49	99.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,882	1,874	1,895	1,877	1,899	1,803	1,865	2,008	1,994	1,992	2,009
Invested Capital Turnover	1.00	1.01	0.99	0.99	0.99	1.00	0.96	0.94	0.96	1.00	0.99
Increase / (Decrease) in Invested Capital	-167	-123	-89	-70	17	-71	-31	131	95	189	144
Enterprise Value (EV)	3,376	4,268	4,171	3,519	3,454	2,936	2,644	2,628	2,904	2,983	2,769
Market Capitalization	2,842	3,786	3,675	3,046	3,009	2,495	2,174	1,971	2,283	2,373	2,145
Book Value per Share	$74.48	$76.97	$77.33	$77.54	$80.71	$76.10	$78.42	$75.92	$78.40	$79.19	$79.36
Tangible Book Value per Share	($3.03)	($1.39)	($0.97)	$0.63	$2.14	$0.43	$1.75	($3.87)	($1.65)	($0.12)	$1.48
Total Capital	2,165	2,162	2,183	2,153	2,206	2,081	2,144	2,306	2,264	2,270	2,276
Total Debt	824	777	791	758	760	727	757	960	897	893	897
Total Long-Term Debt	805	754	763	725	721	690	720	922	861	858	859
Net Debt	533	481	495	473	445	440	470	654	618	607	621
Capital Expenditures (CapEx)	8.75	1.83	4.40	3.92	8.21	21	9.43	7.91	13	22	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	435	389	415	413	397	345	391	430	426	397	432
Debt-free Net Working Capital (DFNWC)	633	584	611	601	609	534	577	632	599	577	601
Net Working Capital (NWC)	614	560	583	569	571	497	540	594	563	541	564
Net Nonoperating Expense (NNE)	7.43	1.73	5.10	4.37	4.42	1.32	2.71	30	3.96	6.87	3.72
Net Nonoperating Obligations (NNO)	541	490	504	481	453	449	478	662	627	615	629
Total Depreciation and Amortization (D&A)	21	21	21	22	22	21	21	24	24	25	26
Debt-free, Cash-free Net Working Capital to Revenue	22.07%	19.93%	21.57%	21.83%	21.32%	18.77%	21.55%	23.46%	22.88%	21.01%	22.41%
Debt-free Net Working Capital to Revenue	32.14%	29.89%	31.75%	31.81%	32.71%	29.04%	31.82%	34.48%	32.11%	30.53%	31.22%
Net Working Capital to Revenue	31.16%	28.69%	30.31%	30.09%	30.63%	27.00%	29.77%	32.41%	30.18%	28.65%	29.29%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.87	$1.13	$1.96	$1.94	$1.81	$0.80	$0.73	($3.78)	$1.75	$1.16	$1.13
Adjusted Weighted Average Basic Shares Outstanding	17.98M	17.99M	17.99M	17.91M	17.79M	17.67M	17.68M	17.39M	17.34M	17.34M	17.37M
Adjusted Diluted Earnings per Share	$1.87	$1.12	$1.95	$1.94	$1.81	$0.81	$0.73	($3.78)	$1.75	$1.16	$1.13
Adjusted Weighted Average Diluted Shares Outstanding	17.98M	17.99M	17.99M	17.91M	17.79M	17.67M	17.68M	17.39M	17.34M	17.34M	17.37M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.98M	17.99M	17.99M	17.91M	17.79M	17.67M	17.68M	17.39M	17.34M	17.34M	17.37M
Normalized Net Operating Profit after Tax (NOPAT)	42	35	42	39	39	16	24	32	40	31	29
Normalized NOPAT Margin	8.53%	7.46%	8.88%	8.52%	8.36%	3.70%	5.39%	6.53%	8.13%	6.65%	5.95%
Pre Tax Income Margin	8.97%	7.32%	9.75%	10.38%	9.12%	4.28%	3.92%	-13.64%	7.17%	4.31%	4.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.44	3.86	5.23	5.47	5.07	3.09	2.82	-4.16	4.24	2.87	3.40
NOPAT to Interest Expense	3.22	1.84	3.73	3.65	3.56	1.71	1.64	-2.88	3.15	2.56	2.37
EBIT Less CapEx to Interest Expense	3.76	3.71	4.82	5.11	4.28	0.83	1.83	-4.78	3.02	0.81	2.32
NOPAT Less CapEx to Interest Expense	2.53	1.68	3.32	3.29	2.76	-0.56	0.65	-3.50	1.93	0.50	1.30
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	187.16%	28.04%	27.01%	26.10%	26.65%	28.42%	35.55%	-479.10%	-381.56%	-1,432.44%	782.69%
Augmented Payout Ratio	187.16%	28.04%	27.01%	26.10%	26.65%	70.61%	35.55%	-1,526.10%	-1,082.01%	-3,161.77%	782.69%

Financials Breakdown Chart

Key Financial Trends

MarketBeat summarization of Quaker Houghton (NYSE: KWR) focused on the last four years of quarterly statements. The company shows a pattern of solid profitability with some variability in revenue and cash flow, along with gradual balance-sheet improvement through 2025.

Net income attributable to common shareholders rose to about $20.7 million in Q4 2025, up from about $14.2 million in Q4 2024.
Gross margin improved in Q4 2025 to roughly 35.3% (gross profit about $165.5 million on revenue of $468.5 million), up from about 32.3% in Q4 2024.
Earnings per share advanced to about $1.16 (basic and diluted) in Q4 2025, up from $1.13 in Q4 2024.
Long-term debt declined in 2025 versus 2024 (roughly from $898M to about $839M), indicating deleveraging and improved balance-sheet risk.
Total equity remained solid and grew in 2025, with total common equity around $1.36B by mid-2025, supporting financial flexibility.
Net cash from continuing operating activities remained positive in Q3 2025 at about $51.4M, signaling ongoing cash generation from core operations.
Quarterly cash dividends per share remained steady at about $0.508, supporting ongoing shareholder returns.
Revenue has fluctuated within a mid-$400M to high-$400M range across 2023–2025, indicating stable but not rapidly growing top-line growth.
The balance sheet carries sizable intangible assets and goodwill (e.g., intangible assets around $874–$890M and goodwill around $500–$530M in 2025), which could affect future impairment risk if markets shift.
Overall asset levels stayed robust (total assets around $2.8B in 2025 balance sheets), suggesting liquidity runway, though investing activity remains a recurring use of cash.
Net cash from continuing operating activities declined year-over-year in some periods (e.g., Q4 2025 about $46.5M vs Q4 2024 about $63.1M), indicating weaker than prior-year cash generation in certain quarters.
Net cash from investing activities has been consistently negative across several quarters in 2025, reflecting ongoing capital expenditures and acquisitions (e.g., Q4 2025 net cash from continuing investing activities around −$21.1M).
Financing cash flows show swings, with some quarters posting net outflows (e.g., Q4 2025 net cash from financing activities negative), which could impact near-term liquidity if not offset by operating cash flow.

05/17/26 01:09 PM ETAI Generated. May Contain Errors.

Quaker Houghton Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Quaker Houghton's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Quaker Houghton's net income appears to be on an upward trend, with a most recent value of -$2.40 million in 2025, falling from $52.71 million in 2015. The previous period was $116.73 million in 2024. See where experts think Quaker Houghton is headed by visiting Quaker Houghton's forecast page.

Quaker Houghton's total operating income in 2025 was $52.99 million, based on the following breakdown:

Total Gross Profit: $679.37 million
Total Operating Expenses: $626.39 million

Over the last 10 years, Quaker Houghton's total revenue changed from $737.56 million in 2015 to $1.89 billion in 2025, a change of 156.1%.

Quaker Houghton's total liabilities were at $1.42 billion at the end of 2025, a 13.1% increase from 2024, and a 374.6% increase since 2015.

In the past 10 years, Quaker Houghton's cash and equivalents has ranged from $81.05 million in 2015 to $194.53 million in 2023, and is currently $179.83 million as of their latest financial filing in 2025.

Over the last 10 years, Quaker Houghton's book value per share changed from 28.04 in 2015 to 79.19 in 2025, a change of 182.4%.

Related Companies

Financial statements for NYSE:KWR last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Quaker Houghton (KWR) Financials

Financials Breakdown Chart

Key Financial Trends

Quaker Houghton Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Quaker Houghton (KWR) Financials

Annual Income Statements for Quaker Houghton

Quarterly Income Statements for Quaker Houghton

Annual Cash Flow Statements for Quaker Houghton

Quarterly Cash Flow Statements for Quaker Houghton

Annual Balance Sheets for Quaker Houghton

Quarterly Balance Sheets for Quaker Houghton

Annual Metrics And Ratios for Quaker Houghton

Quarterly Metrics And Ratios for Quaker Houghton

Financials Breakdown Chart

Key Financial Trends

Quaker Houghton Financials - Frequently Asked Questions

When does Quaker Houghton's financial year end?

How has Quaker Houghton's net income changed over the last 10 years?

What is Quaker Houghton's operating income?

How has Quaker Houghton's revenue changed over the last 10 years?

How much debt does Quaker Houghton have?

How much cash does Quaker Houghton have?

How has Quaker Houghton's book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools