Quaker Chemical Corporation, doing business as Quaker Houghton, provides industrial process fluids worldwide. The company develops, produces, and markets various formulated specialty chemical products; and offers chemical management services for various heavy industrial and manufacturing applications. It offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging and hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, and rod and wire drawing fluids. The company serves steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Quaker Chemical Corporation was founded in 1918 and is headquartered in Conshohocken, Pennsylvania.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.9B | $145M | $-2M | $81M | -0.2% | 2.7% | -102.1% |
| 2024 | $1.8B | $280M | $117M | $163M | 8.6% | -5.8% | 3.5% |
| 2023 | $2.0B | $286M | $113M | $240M | 8.1% | 0.5% | -807.7% |
| 2022 | $1.9B | $120M | $-16M | $13M | -1.2% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,943.58 | 1,953.31 | 1,839.69 | 1,888.63 |
| Cost Of Revenue | - | 1,330.93 | 1,247.67 | 1,153.66 | 1,209.26 |
| Gross Profit | - | 612.65 | 705.64 | 686.03 | 679.37 |
| Operating Expense | - | 464.19 | 483.56 | 484.79 | 502.42 |
| Operating Income | - | 148.47 | 222.08 | 201.24 | 176.96 |
| EBITDA | - | 120.16 | 285.81 | 280.18 | 144.53 |
| EBIT | - | 39.70 | 203.82 | 196.06 | 51.08 |
| Pretax Income | - | 7.12 | 153.12 | 155.06 | 7.03 |
| Tax Provision | - | 24.92 | 55.58 | 49.30 | 24.61 |
| Net Income | - | -15.93 | 112.75 | 116.64 | -2.49 |
| Net Income Common Stockholders | - | -15.84 | 112.19 | 116.27 | -2.47 |
| Total Expenses | - | 1,795.12 | 1,731.23 | 1,638.45 | 1,711.68 |
| Interest Expense | - | 32.58 | 50.70 | 41 | 44.05 |
| Interest Income | - | - | 0 | 0 | 2.59 |
| Selling General And Administration | - | 464.19 | 483.56 | 484.79 | 502.42 |
| Normalized EBITDA | - | 230.52 | 304.74 | 286.28 | 274.23 |
| Normalized Income | - | 71.25 | 124.80 | 120.81 | 99.97 |
| Market Cap | 2,441.47 | 2,441.47 | 2,441.47 | 2,441.47 | 2,441.47 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Quaker Chemical Corporationthis co. | KWR | - | -981.30 | 1.78 | -0.2% | 21.92 |
| Eastman Chemical Company | EMN | $8.2B | 17.37 | 1.38 | 8.0% | 9.58 |
| The Mosaic Company | MOS | $7.6B | 14.11 | 0.63 | 4.5% | 5.04 |
| Sensient Technologies Corporation | SXT | $5.2B | 38.96 | 4.39 | 11.3% | 22.05 |
| Warrior Met Coal, Inc. | HCC | $4.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| 80.28 |
| 2.14 |
| 2.7% |
| 17.99 |
| Materion Corporation | MTRN | $3.9B | 51.68 | 4.10 | 7.9% | 24.19 |
| Hawkins, Inc. | HWKN | $3.6B | 42.30 | 7.75 | 18.3% | 23.30 |
| H.B. Fuller Company | FUL | $3.4B | 22.53 | 1.71 | 7.6% | 10.23 |
| WD-40 Company | WDFC | $3.1B | 33.27 | 11.29 | 33.9% | 27.08 |
| Peer Median | - | 36.11 | 3.12 | 7.9% | 20.02 | |