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Quaker Chemical Corporation (KWR)
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Quaker Chemical Corporation Income Statement 2025-2008 | KWR
Brief overview of revenue and earnings at Quaker Chemical Corporation
The overview follows changes across a five-year period. Revenue at Quaker Chemical Corporation moved from 1.4 billion dollars in 2020 to 1.9 billion dollars in 2025. The total change was +33.2%, with a CAGR of approximately 5.9%. The company expanded at a measured pace.
At the gross-profit level, the result moved from $513 million to $679 million, a change of +32.3%. Direct costs broadly followed the top-line trend. Comparing the endpoints gives gross margins of 36.2% and 36%. Gross profitability remained broadly stable.
EBITDA was $117 million at the beginning and $119 million at the end of the period (+1.7%). EBITDA lagged revenue, showing weaker operating momentum. The EBITDA share of revenue changed from 8.2% to 6.3%. Operating efficiency did not change materially.
Across the five years, the net result shifted from $39.7 million to −$2.5 million. The emergence of a loss requires close attention to costs and the operating model.
The market value of the business moved from 5 billion dollars to 3 billion dollars, or −40.4%. Financial performance is stronger than the share-price trend.
What the figures show
The results contain several connected negative signals. Key strengths include consistent sales economics and revenue expansion. Caution is warranted because of lower net income, weaker operating efficiency and declining capitalization. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Quaker Chemical Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.96 B | 2.53 B | 3.58 B | 3.43 B | 3.3 B | 4.96 B | 2.98 B | 2.65 B | 2.04 B | 1.7 B | 1 B | 1.04 B | 928 M | 554 M | 522 M | 286 M | - | - |
Shares |
17.5 M | 17.9 M | 17.9 M | 17.8 M | 17.8 M | 17.7 M | 17.8 M | 13.3 M | 13.2 M | 13.1 M | 13.3 M | 13.1 M | 13.2 M | 12.9 M | 12.9 M | 11 M | - | - |
Historical Prices |
169 | 142 | 200 | 192 | 185 | 280 | 155 | 204 | 138 | 126 | 73.1 | 75.2 | 70.5 | 51.6 | 36.2 | 25.9 | 15.1 | 29.8 |
Net Income |
-2.49 M | 117 M | 113 M | -15.9 M | 121 M | 39.7 M | 31.6 M | 59.5 M | 20.3 M | 61.4 M | 51.2 M | 56.5 M | 56.3 M | - | - | 34.4 M | 17.5 M | - |
Revenue |
1.89 B | 1.84 B | 1.95 B | 1.94 B | 1.76 B | 1.42 B | 1.13 B | 868 M | 820 M | 747 M | 738 M | 766 M | 729 M | - | - | - | - | - |
Cost of Revenue |
1.21 B | 1.15 B | 1.25 B | 1.33 B | 1.17 B | 904 M | 741 M | 555 M | 529 M | 467 M | - | - | - | - | - | - | - | - |
Gross Profit |
679 M | 686 M | 706 M | 613 M | 595 M | 513 M | 392 M | 312 M | 291 M | 280 M | 277 M | 273 M | 261 M | - | - | - | - | - |
Operating Income |
53 M | 195 M | 214 M | 52.3 M | 150 M | 59.4 M | 46.1 M | 87.8 M | 62.7 M | 85.4 M | 74.6 M | 77.4 M | 71.2 M | 63.2 M | 57.9 M | 48.1 M | 26.1 M | - |
Interest Expense |
2.59 M | - | 50.7 M | 32.6 M | 22.3 M | 26.6 M | 17 M | 4.04 M | 1.36 M | 2.89 M | 2.58 M | 2.37 M | 2.92 M | 4.28 M | 4.67 M | 5.22 M | 5.53 M | - |
EBITDA |
119 M | 256 M | 275 M | 113 M | 213 M | 117 M | 154 M | 125 M | 114 M | 103 M | 97.4 M | 94.6 M | 89.9 M | - | - | 47 M | 35.6 M | - |
Operating Expenses |
- | - | - | - | - | - | 283 M | 207 M | 198 M | 197 M | 199 M | 195 M | 187 M | - | - | - | - | - |
General and Administrative Expenses |
502 M | 485 M | 484 M | 464 M | 419 M | 381 M | 284 M | 208 M | 199 M | 197 M | 199 M | 196 M | 190 M | - | - | 139 M | 126 M | - |
Annual performance
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All numbers in USD currency
Quarterly Income Statement Quaker Chemical Corporation
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
17.1 M | 17.3 M | 17.3 M | 17.4 M | 17.6 M | 17.6 M | 17.7 M | 17.8 M | 17.9 M | 17.9 M | 18 M | 17.9 M | 17.9 M | 17.9 M | 18 M | 17.8 M | 17.8 M | 17.8 M | 17.9 M | 17.8 M | 17.8 M | 17.8 M | 17.9 M | 17.7 M | 17.7 M | 17.7 M | - | 16.2 M | 13.3 M | 13.3 M | - | 13.3 M | 13.3 M | 13.2 M | - | 13.2 M | 13.2 M | 13.2 M | - | 13.1 M | 13.1 M | 13.1 M | - | 13.2 M | 13.2 M | 13.2 M | - | 13.1 M | 13.1 M | 13.1 M | - | 13.1 M | 13 M | 13 M | - | 12.9 M | 12.9 M | 12.7 M | - | 12.6 M | 12 M | - |
Net Income |
26.8 M | 19.7 M | - | 30.5 M | -66.6 M | 12.9 M | - | 32.3 M | 34.9 M | 35.2 M | - | 33.7 M | 29.3 M | 29.5 M | - | 25.9 M | 14.3 M | 19.8 M | - | 31.1 M | 33.6 M | 38.6 M | - | 27.3 M | -7.74 M | -28.4 M | 15.2 M | -13.1 M | 15.6 M | 13.8 M | 7.8 M | 19.7 M | 19.2 M | 12.7 M | -9.76 M | 11.1 M | 11.9 M | 6.99 M | 17.4 M | 16 M | 15 M | 12.9 M | 11.4 M | 14.4 M | 15 M | 10.4 M | 12.6 M | 15.7 M | 15.4 M | 12.7 M | - | 13.3 M | 16.7 M | 14.2 M | - | 11.6 M | 11.7 M | 13.1 M | - | 13.8 M | 10.6 M | 11.2 M |
Revenue |
533 M | 480 M | - | 494 M | 483 M | 443 M | - | 462 M | 464 M | 470 M | - | 491 M | 495 M | 500 M | - | 492 M | 492 M | 474 M | - | 449 M | 435 M | 430 M | - | 367 M | 286 M | 379 M | 391 M | 325 M | 206 M | 211 M | 211 M | 222 M | 222 M | 212 M | 211 M | 213 M | 201 M | 195 M | 191 M | 190 M | 187 M | 178 M | 183 M | 189 M | 184 M | 181 M | 194 M | 199 M | 191 M | 182 M | 184 M | 184 M | 185 M | 176 M | 173 M | 181 M | 177 M | 178 M | 173 M | 182 M | 168 M | 160 M |
Cost of Revenue |
343 M | 304 M | - | 313 M | 312 M | 282 M | - | 290 M | 288 M | 288 M | - | 307 M | 318 M | 327 M | - | 331 M | 343 M | 328 M | - | 304 M | 281 M | 274 M | - | 227 M | 189 M | 245 M | - | 220 M | 131 M | 135 M | - | 141 M | 141 M | 137 M | - | 138 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
189 M | 177 M | - | 181 M | 172 M | 161 M | - | 173 M | 176 M | 182 M | - | 183 M | 178 M | 173 M | - | 161 M | 150 M | 146 M | - | 145 M | 154 M | 156 M | - | 140 M | 97.4 M | 134 M | 136 M | 105 M | 75.2 M | 75.8 M | 74.8 M | 81.1 M | 80.9 M | 75.4 M | 74 M | 74.8 M | 71.8 M | 70.9 M | 69.8 M | 70.9 M | 71.4 M | 68 M | 68.8 M | 71.3 M | 70.6 M | 66.3 M | 69.6 M | 70.3 M | 68.2 M | 65.1 M | 65.2 M | 66 M | 67.3 M | 62.6 M | 59.2 M | 59.1 M | 60.6 M | 59.8 M | 56.7 M | 59.5 M | 53.8 M | 52.7 M |
Operating Income |
40.6 M | 33.6 M | - | 46.6 M | -52.5 M | 27.6 M | - | 51.7 M | 58.4 M | 55.5 M | - | 59.5 M | 56.8 M | 49.9 M | - | 44.6 M | 31.9 M | 29.4 M | - | 36 M | 38.8 M | 44.9 M | - | 34.9 M | 2.24 M | -12.4 M | 20.3 M | -14.5 M | 20.5 M | 19.8 M | 20.1 M | 24.9 M | 22.6 M | 20.2 M | 17.1 M | 14 M | 17.9 M | 13.8 M | 21 M | 21.9 M | 22.7 M | 19.8 M | 13.2 M | 18.7 M | 21.4 M | 17.9 M | 16.5 M | 20.6 M | 20.9 M | 19.4 M | 15.2 M | 18.8 M | 19.8 M | 17.4 M | 13.7 M | 15.9 M | 17 M | 16.7 M | 11.4 M | 17.5 M | 14.9 M | 14.1 M |
Interest Expense |
673 K | 623 K | - | 579 K | 752 K | 660 K | - | -10.3 M | -10.8 M | -10.8 M | - | -12.8 M | -12.7 M | -13.2 M | - | -8.39 M | -6.49 M | -5.34 M | - | -5.64 M | -5.62 M | 5.84 M | - | 7.14 M | 7.14 M | 8.9 M | - | 6.55 M | 1.28 M | 1.21 M | - | 1.51 M | 1.6 M | 1.69 M | - | 793 K | 780 K | 656 K | - | 758 K | 727 K | 741 K | - | 697 K | 607 K | 587 K | - | 641 K | 581 K | 525 K | - | 717 K | 762 K | 744 K | - | 1.03 M | 1.15 M | 1.17 M | - | 1.17 M | 1.2 M | 1.22 M |
EBITDA |
58.2 M | 51.3 M | - | 63.7 M | -35.8 M | 42.5 M | - | 66.3 M | 73.9 M | 70.7 M | - | 74 M | 71.5 M | 64.4 M | - | 58.7 M | 46.6 M | 44 M | - | 36 M | 38.8 M | 67 M | - | 34.9 M | 2.24 M | 8.75 M | 20.3 M | 9.37 M | 30.2 M | 24.7 M | 20.1 M | 39.8 M | 28.9 M | 23.4 M | 17.1 M | 23.5 M | 24.2 M | 16.9 M | 21 M | 31.3 M | 29 M | 23 M | 13.2 M | 28 M | 27.6 M | 20.9 M | 16.5 M | 29.7 M | 27 M | 22.4 M | 15.2 M | 28 M | 25.9 M | 20.5 M | 13.7 M | 24.9 M | 23 M | 19.8 M | 11.4 M | 26 M | 20.3 M | 16.8 M |
General and Administrative Expenses |
140 M | 136 M | - | 126 M | 127 M | 119 M | - | 118 M | 117 M | 124 M | - | 123 M | 120 M | 120 M | - | 115 M | 116 M | 112 M | - | 104 M | 109 M | 104 M | - | 97 M | 86.7 M | 98.7 M | - | 80.8 M | 50 M | 51.5 M | - | 53.3 M | 54.1 M | 50 M | - | 51.1 M | 49.6 M | 48.1 M | - | 47.9 M | 48.7 M | 48.1 M | - | 52.6 M | 49.2 M | 48.5 M | - | 49.7 M | 47.3 M | 45.7 M | - | 47.2 M | 47.5 M | 45.2 M | - | 43.3 M | 43.7 M | 43.1 M | - | 42 M | 38.8 M | 38.6 M |
Quarterly performance
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All numbers in USD currency
The income statement is one of the three key financial reports of a company Quaker Chemical Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.