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KWR - Quaker Chemical Corporation

NYSE -> Basic Materials -> Specialty Chemicals
Conshohocken, United States
Type: Equity

KWR price evolution
KWR
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $194.53 $198.36 $189.41 $189.87
Short term investments
Net receivables $444.95 $446.46 $454.23 $482.75
Inventory $233.86 $250.77 $274.94 $293.49
Total current assets $927.89 $966.31 $984 $1029.3
Long term investments $101.15 $92.97 $91.96 $90.84
Property, plant & equipment $246.43 $235.03 $245.72 $246.43
Goodwill & intangible assets $1409.24 $1394.92 $1425.51 $1453.55
Total noncurrent assets $1786.32 $1766.19 $1806.24 $1829.16
Total investments $101.15 $92.97 $91.96 $90.84
Total assets $2714.21 $2732.51 $2790.24 $2858.46
Current liabilities
Accounts payable $184.81 $190.07 $193.79 $216.63
Deferred revenue
Short long term debt $23.44 $19.25 $19.37 $19.35
Total current liabilities $367.51 $352.11 $346.54 $369.41
Long term debt $753.56 $827.14 $888.15 $947.64
Total noncurrent liabilities $961.78 $1039.3 $1107.04 $1172.26
Total debt $777 $846.38 $907.52 $966.99
Total liabilities $1329.29 $1391.4 $1453.58 $1541.67
Shareholders' equity
Retained earnings $550.64 $538.63 $513.15 $491.63
Other shareholder equity -$124.42 -$154.72 -$130.11 -$123.18
Total shareholder equity $1384.32 $1340.38 $1335.98 $1316.11
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $194.53 $180.96 $165.18 $181.83
Short term investments
Net receivables $444.95 $472.89 $430.68 $372.97
Inventory $233.86 $284.85 $264.53 $187.76
Total current assets $927.89 $994.14 $920.25 $792.73
Long term investments $101.15 $88.23 $95.28 $95.78
Property, plant & equipment $246.43 $242.36 $234.16 $242.39
Goodwill & intangible assets $1409.24 $1457.93 $1658.98 $1712.57
Total noncurrent assets $1786.32 $1827.48 $2035.51 $2099.11
Total investments $101.15 $88.23 $95.28 $95.78
Total assets $2714.21 $2821.62 $2955.76 $2891.83
Current liabilities
Accounts payable $184.81 $193.98 $226.66 $191.82
Deferred revenue
Short long term debt $23.44 $19.25 $56.94 $38.97
Total current liabilities $367.51 $354.79 $430.47 $382.96
Long term debt $753.56 $933.56 $862.75 $876.14
Total noncurrent liabilities $961.78 $1188.25 $1137.37 $1187.96
Total debt $777 $979.77 $919.68 $915.11
Total liabilities $1329.29 $1543.7 $1567.84 $1570.92
Shareholders' equity
Retained earnings $550.64 $469.92 $516.33 $423.94
Other shareholder equity -$124.42 -$136.76 -$63.99 -$26.6
Total shareholder equity $1384.32 $1277.92 $1387.29 $1320.36
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $467.11 $490.61 $495.44 $500.15
Cost of revenue $295.95 $307.26 $317.75 $326.7
Gross Profit $171.16 $183.35 $177.69 $173.45
Operating activities
Research & development
Selling, general & administrative $121.35 $122.81 $119.85 $119.55
Total operating expenses $122.9 $123.83 $120.9 $123.52
Operating income $48.25 $59.52 $56.8 $49.93
Income from continuing operations
EBIT $50.78 $60.04 $55.9 $52.31
Income tax expense $18.63 $13.59 $13.83 $9.53
Interest expense $11.96 $12.78 $12.72 $13.24
Net income
Net income $20.2 $33.67 $29.35 $29.53
Income (for common shares) $20.2 $33.67 $29.35 $29.53
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $1953.31 $1943.59 $1761.16 $1417.68
Cost of revenue $1247.67 $1330.93 $1166.52 $904.23
Gross Profit $705.64 $612.65 $594.64 $513.44
Operating activities
Research & development
Selling, general & administrative $483.56 $455.41 $418.86 $380.75
Total operating expenses $491.15 $560.35 $444.17 $454.08
Operating income $214.5 $52.3 $150.47 $59.36
Income from continuing operations
EBIT $219.03 $41.57 $178.63 $60.97
Income tax expense $55.59 $24.93 $34.94 -$5.3
Interest expense $50.7 $32.58 $22.33 $26.6
Net income
Net income $112.75 -$15.93 $121.37 $39.66
Income (for common shares) $112.75 -$15.93 $121.37 $39.66
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $20.2 $33.67 $29.35 $29.53
Operating activities
Depreciation $20.55 $20.61 $20.58 $20.25
Business acquisitions & disposals
Stock-based compensation $3.42 $3.77 $3.89 $3.53
Total cash flows from operations $79.56 $83.41 $78.27 $37.78
Investing activities
Capital expenditures -$13.01 -$8.75 -$10.88 -$6.16
Investments
Total cash flows from investing -$1.83 -$8.75 -$10.88 -$6.16
Financing activities
Dividends paid -$8.19 -$7.83 -$7.82 -$7.81
Sale and purchase of stock -$1.8 -$0.24 $1.4 -$2.11
Net borrowings -$78.09 -$53.44 -$57.73 -$14.95
Total cash flows from financing -$88.08 -$61.51 -$64.15 -$24.87
Effect of exchange rate $6.52 -$4.19 -$3.71 $2.15
Change in cash and equivalents -$3.83 $8.95 -$0.47 $8.91
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $112.75 -$15.93 $121.37 $39.66
Operating activities
Depreciation $81.99 $80.47 $86.55 $83.25
Business acquisitions & disposals -$13.12 -$42.42 -$56.23
Stock-based compensation $14.61 $11.67 $11.04 $11
Total cash flows from operations $279.02 $41.79 $48.93 $178.39
Investing activities
Capital expenditures -$38.8 -$28.54 -$21.46 -$17.9
Investments
Total cash flows from investing -$27.62 -$40.19 -$49.13 -$71.39
Financing activities
Dividends paid -$31.65 -$30.1 -$28.6 -$27.56
Sale and purchase of stock -$2.75 -$0.38 $0.89 $3.87
Net borrowings -$204.21 $55.15 $14.24 $25.47
Total cash flows from financing -$238.61 $24.67 -$13.46 -$75.25
Effect of exchange rate $0.77 -$10.49 -$3.06 $6.59
Change in cash and equivalents $13.56 $15.79 -$16.72 $38.34
Fundamentals
Market cap $3.69B
Enterprise value $4.28B
Shares outstanding 17.99M
Revenue $1.95B
EBITDA $301.02M
EBIT $219.03M
Net Income $112.75M
Revenue Q/Q -3.65%
Revenue Y/Y 0.50%
P/E ratio 32.75
EV/Sales 2.19
EV/EBITDA 14.20
EV/EBIT 19.52
P/S ratio 1.89
P/B ratio 2.45
Book/Share 83.86
Cash/Share 10.81
EPS $6.27
ROA 4.06%
ROE 8.39%
Debt/Equity 0.96
Net debt/EBITDA 3.77
Current ratio 2.52
Quick ratio 1.89