QUAKER CHEMICAL CORP
Business
Quaker Chemical Corporation is a global leader in industrial process fluids, developing, producing, and marketing specialty chemical products and chemical management services (FluidcareTM) for heavy industrial and manufacturing applications. Major product lines include metal removal fluids, rolling lubricants, hydraulic fluids, surface solutions, corrosion inhibitors, and die cast mold releases serving steel, aluminum, automotive, aerospace, and metalworking industries. The company operates through three geographic segments—Americas, EMEA, and Asia/Pacific—and distributes primarily through direct sales by company employees and FluidcareTM programs, with some sales through distributors and agents.
Summary from 10-K filed 2026-02-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 1,889 | 1,840 | 1,953 | 1,944 | 1,761 | |
| Cost of goods sold (excluding amortization expense - See Note 15) | 1,209 | 1,154 | 1,248 | 1,331 | 1,167 | |
| Gross profit | 679 | 686 | 706 | 613 | 595 | |
| Selling, general and administrative expenses | 502 | 485 | 484 | 464 | 419 | |
| Impairment charges | 89 | 0 | 0 | 93 | 0 | |
| Restructuring and related charges, net | 35 | 7 | 8 | 3 | 1 | |
| Operating income | 53 | 195 | 214 | 52 | 150 | |
| Other (expense) income, net | −2 | 1 | −11 | −13 | 19 | |
| Interest expense | −44 | −41 | −51 | −33 | — | |
| Income before taxes and equity in net income of associated companies | 7 | 155 | 153 | 7 | 147 | |
| Taxes on income before equity in net income of associated companies | 25 | 49 | 56 | 25 | 35 | |
| (Loss) income before equity in net income of associated companies | −18 | 106 | 98 | −18 | 112 | |
| Equity in net income of associated companies | 15 | 11 | 15 | 2 | 9 | |
| Net (loss) income | −2 | 117 | 113 | −16 | 121 | |
| Less: Net income attributable to noncontrolling interest | 87,000 | 85,000 | 124,000 | 89,000 | 62,000 | |
| Net (loss) income attributable to Quaker Chemical Corporation | −2 | 117 | 113 | −16 | 121 | |
| Net (loss) income attributable to Quaker Chemical Corporation common shareholders basic (in dollars per share) | −0.14 | 6.51 | 6.27 | −0.89 | 6.79 | |
| Net (loss) income attributable to Quaker Chemical Corporation common shareholders diluted (in dollars per share) | −0.14 | 6.51 | 6.26 | −0.89 | 6.77 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 180 | 189 | 195 | 181 | 165 | |
| Accounts receivable, net | 417 | 400 | 445 | 473 | 431 | |
| Inventories | 266 | 227 | 234 | 285 | 265 | |
| Prepaid expenses and other current assets | 58 | 60 | 55 | 55 | 60 | |
| Total current assets | 921 | 876 | 928 | 994 | 920 | |
| Property, plant and equipment, net | 313 | 230 | 208 | 199 | 198 | |
| Right-of-use lease assets | 39 | 34 | 39 | 44 | 37 | |
| Goodwill | 502 | 519 | 513 | 515 | 631 | |
| Other intangible assets, net | 874 | 827 | 897 | 943 | 1,028 | |
| Investments in associated companies | 107 | 98 | 101 | 88 | 95 | |
| Deferred tax assets | 12 | 9 | 11 | 11 | 16 | |
| Other non-current assets | 30 | 17 | 19 | 28 | 31 | |
| Total assets | 2,798 | 2,611 | 2,714 | 2,822 | 2,956 | |
| Short-term borrowings and current portion of long-term debt | 36 | 38 | 23 | 19 | 57 | |
| Accounts payable | 199 | 198 | 185 | 194 | 227 | |
| Dividends payable | 9 | 9 | 8 | 8 | 7 | |
| Accrued compensation | 41 | 50 | 55 | 40 | 38 | |
| Accrued restructuring | 8 | 2 | 3 | 5 | 4 | |
| Accrued pension and postretirement benefits | 2 | 2 | 2 | 2 | 2 | |
| Other accrued liabilities | 85 | 81 | 90 | 87 | 96 | |
| Total current liabilities | 380 | 380 | 368 | 355 | 430 | |
| Long-term debt | 835 | 670 | 731 | 934 | 836 | |
| Long-term lease liabilities | 23 | 20 | 23 | 27 | 26 | |
| Deferred tax liabilities | 141 | 139 | 147 | 160 | 179 | |
| Non-current accrued pension and postretirement benefits | 21 | 24 | 29 | 29 | 46 | |
| Other non-current liabilities | 22 | 24 | 32 | 39 | 50 | |
| Total liabilities | 1,421 | 1,256 | 1,329 | 1,543 | 1,568 | |
| Commitments and contingencies (Note 25) | — | — | — | — | — | |
| Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2025 17,331,779 shares; 2024 17,673,607 shares | 17 | 18 | 18 | 18 | 18 | |
| Capital in excess of par value | 875 | 904 | 940 | 928 | 917 | |
| Retained earnings | 597 | 634 | 551 | 470 | 516 | |
| Accumulated other comprehensive loss | −116 | −202 | −124 | −138 | −64 | |
| Total Quaker shareholders equity | 1,373 | 1,354 | 1,384 | 1,278 | 1,387 | |
| Noncontrolling interest | 3 | 616,000 | 603,000 | 667,000 | 628,000 | |
| Total equity | 1,376 | 1,354 | 1,385 | 1,279 | 1,388 | |
| Total liabilities and equity | 2,798 | 2,611 | 2,714 | 2,822 | 2,956 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 93 | 84 | 82 | 80 | 87 | |
| Equity in undistributed earnings of associated companies, net of dividends | −7 | −3 | −11 | 1 | −9 | |
| Deferred income taxes | −30 | −10 | −11 | −11 | −13 | |
| Share-based compensation | 14 | 15 | 15 | 12 | 11 | |
| Gain on disposal of property, plant, equipment and other assets | −2 | −810,000 | −1 | −168,000 | −5 | |
| Inventory step-up amortization | 6 | 0 | 0 | — | — | |
| Uncertain tax positions (non-deferred portion) | −6 | −2 | −644,000 | −6 | −922,000 | |
| Pension and other postretirement benefits | −4 | −4 | −2 | −8 | −6 | |
| Other adjustments | −6 | 6 | 7 | — | — | |
| Accounts receivable | 24 | 25 | 32 | −59 | −67 | |
| Inventories | −12 | −3 | 50 | −30 | −84 | |
| Prepaid expenses and other assets | 3 | −6 | −21,000 | 4 | −21 | |
| Accrued restructuring | −27 | −8 | −10 | −2 | −5 | |
| Accounts payable and accrued liabilities | −30 | −9 | 6 | −28 | 38 | |
| Estimated taxes on (loss) income | −2 | −3 | 3 | −3 | 4 | |
| Net cash provided by operating activities | 136 | 205 | 279 | 42 | 49 | |
| Investments in property, plant and equipment | −56 | −42 | −39 | −29 | −21 | |
| Payments related to acquisitions, net of cash acquired | −164 | −39 | 0 | −13 | −42 | |
| Proceeds from disposition of assets | 3 | 5 | 11 | 1 | 15 | |
| Other investing activities | 3 | 0 | 0 | — | — | |
| Net cash used in investing activities | −214 | −76 | −28 | −40 | −49 | |
| Payments of long-term debt | −35 | −57 | −39 | −673 | −38 | |
| Borrowings (payments) on revolving credit facilities, net | 174 | 18 | −165 | — | — | |
| (Payments) borrowings on other debt, net | −386,000 | 1 | −506,000 | −2 | −776,000 | |
| Dividends paid | −34 | −33 | −32 | −30 | −29 | |
| Shares purchased under share repurchase program | −42 | −49 | 0 | 0 | — | |
| Other stock related activity | −1 | −2 | −3 | −378,000 | 890,000 | |
| Net cash provided by (used in) financing activities | 62 | −123 | −239 | 25 | −13 | |
| Effect of foreign exchange rate changes on cash | 7 | −11 | 771,000 | −10 | −3 | |
| Net (decrease) increase in cash and cash equivalents | −9 | −6 | 14 | 16 | −17 | |
| Interest | 43 | 45 | 55 | 29 | 19 | |
| Accrued purchases of property, plant and equipment, net | 9 | 13 | 3 | 278,000 | 2 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is QUAKER CHEMICAL CORP's CIK number?
QUAKER CHEMICAL CORP's SEC CIK number is 0000081362 (81362). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find QUAKER CHEMICAL CORP's SEC filings?
All of QUAKER CHEMICAL CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did QUAKER CHEMICAL CORP last report earnings?
QUAKER CHEMICAL CORP (KWR) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028945). This is QUAKER CHEMICAL CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is QUAKER CHEMICAL CORP's most recent earnings 8-K?
QUAKER CHEMICAL CORP's latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001628280-26-028945. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View QUAKER CHEMICAL CORP's latest earnings 8-K →
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