NYSE$KWR
Quaker Chemical Corporation · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Quaker Houghton's Q4 2021 results announced, showing increased net sales but decreased net income and adjusted EBITDA compared to the prior year.
Quaker Houghton reported a 16% increase in net sales to $447.0 million for Q4 2021, driven by price increases and acquisitions. However, net income decreased to $18.1 million, or $1.01 per diluted share, and adjusted EBITDA fell by 7% to $60.7 million due to rising raw material costs and supply chain pressures.
- Net sales increased by 16% to $447.0 million due to price increases and acquisitions, offset by volume decline and unfavorable currency impact.
- Net income decreased to $18.1 million, or $1.01 per diluted share, compared to $48.5 million, or $2.72 per diluted share in the prior year quarter.
- Non-GAAP earnings per diluted share was $1.29 compared to $1.63 in the prior year fourth quarter.
- Adjusted EBITDA decreased by 7% to $60.7 million due to higher costs and supply chain issues.
Headline financials
Revenue & EPS history
Quaker Chemical · Revenue · Quarterly
$447M
Forward guidance
The Company expects raw material cost pressures and supply chain disruptions to persist throughout 2022. To mitigate the impact of these ongoing inflationary pressures, they are implementing further price actions and are actively managing their cost structure. They believe these actions will begin to drive a recovery in margins as they progress throughout the year.
Tailwinds
- Implementing further price actions
- Actively managing cost structure
- Actions will drive recovery in margins
- Well positioned to continue to outpace market growth rates
- Delivering value-added solutions and services to customers
Headwinds
- Raw material cost pressures to persist
- Supply chain disruptions to persist throughout 2022
- Economic environment is uncertain
- Automotive end markets are facing supply chain disruptions
- Escalating raw material pressures
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+1.5%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+0.4%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+20.6%
Q2 2022
Best reaction
-10.0%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | +5.1% | +7.4% | |
| Q4 2025 | +1.1% | -13.5% | -25.8% | |
| Q3 2025 | +5.5% | +7.1% | +9.6% | |
| Q1 2025 | -2.6% | -5.8% | +2.3% | |
| Q4 2024 | +2.6% | -1.2% | -7.8% | |
| Q3 2024 | +4.2% | +3.9% | +2.0% | |
| Q2 2024 | -6.5% | -8.0% | -3.3% | |
| Q1 2024 | -1.0% | -0.2% | -3.3% | |
| Q4 2023 | +0.5% | -0.2% | +4.1% | |
| Q3 2023 | +13.0% | +14.6% | +28.9% | |
| Q2 2023 | -5.3% | -9.1% | -11.4% | |
| Q1 2023 | +11.3% | +11.5% | +7.8% | |
| Q4 2022 | +0.6% | +0.5% | -5.0% | |
| Q3 2022 | +6.4% | +19.1% | +25.1% | |
| Q2 2022 | +20.6% | +21.3% | +8.7% | |
| Q1 2022 | -2.8% | -13.4% | -5.1% | |
| Q4 2021 | -3.4% | -10.9% | -4.2% | |
| Q3 2021 | +3.6% | +3.9% | -12.3% | |
| Q2 2021 | -1.9% | +2.8% | +4.3% | |
| Q1 2021 | -0.7% | -1.6% | -1.5% | |
| Q4 2020 | -4.2% | -5.3% | -20.1% | |
| Q3 2020 | +8.9% | +22.6% | +24.2% | |
| Q2 2020 | -1.8% | +1.5% | -2.6% | |
| Q1 2020 | +7.6% | +3.8% | +21.8% | |
| Q4 2019 | +1.1% | +0.1% | -28.9% | |
| Q3 2019 | -4.2% | -7.6% | -0.6% | |
| Q2 2019 | -10.0% | -10.5% | -15.2% | |
| Q1 2019 | -3.3% | -6.6% | -18.6% | |
| Q4 2018 | -0.5% | -3.5% | -4.6% | |
| Q3 2018 | +13.3% | +13.7% | +14.6% | |
| Q2 2018 | +10.0% | +3.2% | +10.0% | |
| Q1 2018 | -2.0% | -2.4% | +3.3% | |
| Q4 2017 | +1.1% | -0.7% | -2.1% | |
| Q3 2017 | +4.8% | +3.9% | +8.1% | |
| Q2 2017 | -3.9% | -5.4% | -8.2% | |
| Q1 2017 | -0.5% | +0.0% | -3.6% | |
| Q4 2016 | +2.9% | +0.8% | -2.4% | |
| Q3 2016 | +1.9% | +2.3% | +20.0% | |
| Q2 2016 | -0.1% | +0.1% | +1.1% | |
| Q1 2016 | -1.4% | — | — | |
| Q4 2015 | +6.1% | — | — | |
| Q3 2015 | +5.1% | — | — | |
| Q2 2015 | +16.0% | — | — | |
| Q1 2015 | -5.5% | — | — | |
| Q4 2014 | -7.0% | — | — | |
| Q3 2014 | +8.7% | — | — | |
| Q2 2014 | -0.3% | — | — | |
| Q1 2014 | -2.7% | — | — | |
| Q4 2013 | +6.8% | — | — | |
| Q3 2013 | -3.1% | — | — | |
| Q2 2013 | +1.7% | — | — | |
| Q1 2013 | +8.6% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | +11.6% | — | — | |
| Q2 2012 | +2.8% | — | — | |
| Q1 2011 | -1.6% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2009 | -1.6% | — | — | |
| Q4 2011 | -1.6% | — | — | |
| Q3 2010 | +3.5% | — | — | |
| Q3 2011 | +3.5% | — | — | |
| Q4 2010 | -4.3% | — | — | |
| Q2 2010 | -4.3% | — | — | |
| Q2 2011 | -4.3% | — | — | |
| Q1 2010 | -6.6% | — | — |
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