Quaker Chemical Corp
NYSE:KWR
Income Statement
Earnings Waterfall
Quaker Chemical Corp
Revenue
|
2B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
705.6m
USD
|
Operating Expenses
|
-483.6m
USD
|
Operating Income
|
222.1m
USD
|
Other Expenses
|
-109.9m
USD
|
Net Income
|
112.2m
USD
|
Income Statement
Quaker Chemical Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
729
N/A
|
735
+1%
|
741
+1%
|
756
+2%
|
766
+1%
|
766
0%
|
758
-1%
|
748
-1%
|
738
-1%
|
734
0%
|
738
+0%
|
739
+0%
|
747
+1%
|
763
+2%
|
778
+2%
|
800
+3%
|
820
+2%
|
837
+2%
|
858
+2%
|
867
+1%
|
868
+0%
|
867
0%
|
851
-2%
|
954
+12%
|
1 134
+19%
|
1 301
+15%
|
1 381
+6%
|
1 423
+3%
|
1 418
0%
|
1 469
+4%
|
1 618
+10%
|
1 700
+5%
|
1 761
+4%
|
1 806
+3%
|
1 863
+3%
|
1 906
+2%
|
1 944
+2%
|
1 970
+1%
|
1 973
+0%
|
1 971
0%
|
1 953
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(468)
|
(471)
|
(477)
|
(487)
|
(493)
|
(491)
|
(481)
|
(471)
|
(460)
|
(456)
|
(458)
|
(460)
|
(467)
|
(481)
|
(494)
|
(513)
|
(529)
|
(541)
|
(553)
|
(556)
|
(555)
|
(554)
|
(544)
|
(623)
|
(741)
|
(851)
|
(909)
|
(916)
|
(904)
|
(933)
|
(1 025)
|
(1 102)
|
(1 167)
|
(1 221)
|
(1 283)
|
(1 311)
|
(1 331)
|
(1 330)
|
(1 305)
|
(1 280)
|
(1 248)
|
|
Gross Profit |
261
N/A
|
264
+1%
|
265
+0%
|
269
+2%
|
273
+2%
|
274
+0%
|
277
+1%
|
278
+0%
|
278
0%
|
279
+0%
|
279
+0%
|
279
0%
|
280
+0%
|
283
+1%
|
283
+0%
|
287
+1%
|
292
+1%
|
296
+2%
|
305
+3%
|
311
+2%
|
312
+0%
|
313
+0%
|
307
-2%
|
331
+8%
|
392
+18%
|
450
+15%
|
473
+5%
|
508
+7%
|
513
+1%
|
536
+4%
|
593
+11%
|
598
+1%
|
595
-1%
|
585
-2%
|
580
-1%
|
595
+3%
|
613
+3%
|
640
+4%
|
668
+4%
|
691
+3%
|
706
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(190)
|
(191)
|
(190)
|
(193)
|
(196)
|
(198)
|
(200)
|
(203)
|
(196)
|
(199)
|
(205)
|
(194)
|
(194)
|
(194)
|
(195)
|
(198)
|
(199)
|
(201)
|
(205)
|
(207)
|
(208)
|
(209)
|
(205)
|
(233)
|
(284)
|
(331)
|
(368)
|
(384)
|
(381)
|
(386)
|
(408)
|
(416)
|
(419)
|
(426)
|
(434)
|
(445)
|
(455)
|
(463)
|
(467)
|
(474)
|
(484)
|
|
Selling, General & Administrative |
(190)
|
(190)
|
(190)
|
(193)
|
(174)
|
(199)
|
(201)
|
(203)
|
(174)
|
(199)
|
(199)
|
(194)
|
(171)
|
(194)
|
(195)
|
(198)
|
(175)
|
(201)
|
(205)
|
(208)
|
(183)
|
(209)
|
(205)
|
(233)
|
(252)
|
(331)
|
(368)
|
(384)
|
(341)
|
(386)
|
(408)
|
(416)
|
(374)
|
(426)
|
(434)
|
(445)
|
(409)
|
(463)
|
(467)
|
(475)
|
(433)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(50)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
71
N/A
|
73
+3%
|
74
+2%
|
76
+2%
|
77
+2%
|
76
-2%
|
76
+1%
|
75
-2%
|
81
+9%
|
80
-2%
|
74
-8%
|
85
+15%
|
87
+2%
|
89
+3%
|
89
+0%
|
90
+1%
|
93
+3%
|
95
+3%
|
100
+5%
|
104
+4%
|
105
+0%
|
103
-1%
|
102
-2%
|
98
-4%
|
108
+11%
|
119
+10%
|
105
-12%
|
124
+18%
|
133
+7%
|
150
+13%
|
185
+23%
|
182
-1%
|
176
-4%
|
158
-10%
|
146
-8%
|
151
+3%
|
157
+4%
|
177
+13%
|
201
+14%
|
216
+8%
|
222
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(3)
|
(5)
|
(5)
|
(4)
|
(4)
|
(8)
|
(17)
|
(23)
|
(31)
|
(34)
|
(33)
|
(32)
|
(30)
|
(26)
|
(26)
|
(27)
|
(29)
|
(34)
|
(42)
|
(51)
|
(60)
|
(65)
|
(65)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
0
|
(8)
|
(1)
|
(10)
|
(15)
|
(23)
|
(30)
|
(26)
|
(26)
|
(19)
|
(17)
|
(16)
|
(16)
|
(52)
|
(62)
|
(105)
|
(109)
|
(79)
|
(73)
|
(33)
|
(31)
|
(28)
|
(25)
|
(23)
|
(25)
|
(20)
|
(110)
|
(109)
|
(102)
|
(103)
|
(5)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
5
|
5
|
4
|
5
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
|
Total Other Income |
4
|
4
|
1
|
3
|
2
|
2
|
2
|
1
|
(2)
|
1
|
1
|
0
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(22)
|
(21)
|
(19)
|
1
|
24
|
38
|
37
|
18
|
17
|
2
|
3
|
2
|
3
|
3
|
2
|
1
|
|
Pre-Tax Income |
73
N/A
|
75
+2%
|
74
0%
|
78
+5%
|
78
+0%
|
77
-2%
|
77
0%
|
74
-4%
|
70
-5%
|
72
+3%
|
73
+2%
|
76
+4%
|
84
+10%
|
78
-7%
|
72
-8%
|
64
-10%
|
61
-6%
|
66
+8%
|
72
+9%
|
81
+13%
|
83
+3%
|
83
0%
|
81
-2%
|
37
-54%
|
29
-22%
|
(32)
N/A
|
(57)
-80%
|
(9)
+84%
|
27
N/A
|
113
+318%
|
166
+47%
|
169
+2%
|
147
-13%
|
125
-15%
|
95
-24%
|
100
+6%
|
7
-93%
|
20
+177%
|
43
+119%
|
51
+18%
|
153
+201%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(23)
|
(23)
|
(22)
|
(24)
|
(22)
|
(22)
|
(20)
|
(18)
|
(19)
|
(20)
|
(22)
|
(23)
|
(24)
|
(21)
|
(18)
|
(37)
|
(36)
|
(35)
|
(37)
|
(17)
|
(17)
|
(18)
|
(8)
|
(2)
|
16
|
18
|
10
|
5
|
(18)
|
(30)
|
(29)
|
(35)
|
(27)
|
(13)
|
(23)
|
(25)
|
(32)
|
(44)
|
(47)
|
(56)
|
|
Income from Continuing Operations |
52
|
52
|
52
|
56
|
55
|
54
|
55
|
53
|
52
|
54
|
53
|
55
|
61
|
54
|
51
|
47
|
24
|
30
|
36
|
44
|
66
|
66
|
63
|
29
|
27
|
(16)
|
(40)
|
1
|
32
|
95
|
136
|
140
|
112
|
98
|
81
|
77
|
(18)
|
(12)
|
(1)
|
3
|
98
|
|
Income to Minority Interest |
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Equity Earnings Affiliates |
6
|
6
|
6
|
4
|
4
|
1
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
2
|
3
|
3
|
2
|
2
|
2
|
3
|
5
|
5
|
6
|
6
|
7
|
12
|
12
|
11
|
9
|
5
|
2
|
1
|
2
|
6
|
10
|
13
|
15
|
|
Net Income (Common) |
56
N/A
|
55
-2%
|
54
-1%
|
58
+6%
|
56
-3%
|
54
-4%
|
53
-1%
|
52
-2%
|
51
-3%
|
53
+5%
|
53
N/A
|
55
+3%
|
61
+11%
|
55
-10%
|
52
-6%
|
47
-9%
|
20
-57%
|
26
+29%
|
33
+29%
|
42
+26%
|
59
+42%
|
60
+2%
|
57
-6%
|
24
-57%
|
32
+30%
|
(11)
N/A
|
(34)
-222%
|
6
N/A
|
40
+517%
|
106
+169%
|
147
+39%
|
151
+3%
|
121
-20%
|
102
-16%
|
83
-19%
|
78
-6%
|
(16)
N/A
|
(6)
+61%
|
9
N/A
|
17
+88%
|
112
+580%
|
|
EPS (Diluted) |
4.27
N/A
|
4.2
-2%
|
4.14
-1%
|
4.37
+6%
|
4.26
-3%
|
4.07
-4%
|
4.04
-1%
|
3.94
-2%
|
3.84
-3%
|
4.05
+5%
|
4.05
N/A
|
4.15
+2%
|
4.63
+12%
|
4.17
-10%
|
3.93
-6%
|
3.56
-9%
|
1.52
-57%
|
1.94
+28%
|
2.5
+29%
|
3.14
+26%
|
4.45
+42%
|
4.54
+2%
|
3.26
-28%
|
1.49
-54%
|
2.08
+40%
|
-0.59
N/A
|
-1.87
-217%
|
0.36
N/A
|
2.23
+519%
|
5.95
+167%
|
8.14
+37%
|
8.45
+4%
|
6.77
-20%
|
5.72
-16%
|
4.65
-19%
|
4.36
-6%
|
-0.89
N/A
|
-0.35
+61%
|
0.48
N/A
|
0.91
+90%
|
6.26
+588%
|