Company Quick10K Filing
Quaker Chemical
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 13 $2,664
10-K 2020-03-20 Annual: 2019-12-31
10-Q 2019-11-12 Quarter: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-07-30 Quarter: 2018-06-30
10-Q 2018-04-30 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-05-01 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-10-26 Quarter: 2016-09-30
10-Q 2016-07-27 Quarter: 2016-06-30
10-Q 2016-04-27 Quarter: 2016-03-31
10-K 2016-02-25 Annual: 2015-12-31
10-Q 2015-10-28 Quarter: 2015-09-30
10-Q 2015-07-30 Quarter: 2015-06-30
10-Q 2015-04-29 Quarter: 2015-03-31
10-K 2015-02-26 Annual: 2014-12-31
10-Q 2014-10-28 Quarter: 2014-09-30
10-Q 2014-07-31 Quarter: 2014-06-30
10-Q 2014-04-29 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-10-29 Quarter: 2013-09-30
10-Q 2013-07-29 Quarter: 2013-06-30
10-Q 2013-04-29 Quarter: 2013-03-31
10-K 2013-03-06 Annual: 2012-12-31
10-Q 2012-10-30 Quarter: 2012-09-30
10-Q 2012-07-30 Quarter: 2012-06-28
10-Q 2012-04-30 Quarter: 2012-03-31
10-K 2012-03-07 Annual: 2011-12-31
10-Q 2011-10-25 Quarter: 2011-09-30
10-Q 2011-07-27 Quarter: 2011-06-30
10-Q 2011-04-26 Quarter: 2011-03-31
10-K 2011-03-02 Annual: 2010-12-31
10-Q 2010-10-26 Quarter: 2010-09-30
10-Q 2010-07-29 Quarter: 2010-06-30
10-Q 2010-04-27 Quarter: 2010-03-31
10-K 2010-03-03 Annual: 2009-12-31
8-K 2020-03-17 Enter Agreement, Other Events, Exhibits
8-K 2020-03-02 Earnings, Exhibits
8-K 2019-11-12 Earnings, Exhibits
8-K 2019-10-18
8-K 2019-08-29 Regulation FD, Other Events, Exhibits
8-K 2019-08-01 Other Events, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-08-01 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Sale of Shares, Officers, Exhibits
8-K 2019-07-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-07-02 Other Events
8-K 2019-05-08 Amend Bylaw, Shareholder Vote, Exhibits
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-03-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2018-12-14 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-08-01 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-07-30 Earnings, Exhibits
8-K 2018-05-29 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-09 Shareholder Vote
8-K 2018-04-30 Earnings, Exhibits
8-K 2018-02-28 Earnings, Exhibits

Quaker Chemical Financials

KWR Metrics, Comps, Filings

Annual | Quarterly

Business

Copy History 2018 2017 2016 Rolling lubricants 16.9 % 17.8 % 19.0 % Machining and grinding compounds 16.1 % 15.8 % 14.9 % Corrosion preventives 11.6 % 11.4 % 11.8 % Hydraulic fluids 11.4 % 11.6 % 12.0 % Specialty greases 9.7 % 10.0 % 10.1 %

The Company received regulatory approval for the Combination from China and Australia in 2017. In addition, at a shareholder meeting held during 2017, the Company's shareholders overwhelmingly approved the issuance of the new shares of the Company's common stock at closing of the Combination. The European Commission ("EC") conditionally approved the Combination in December 2018, including the remedy proposed by Quaker and Houghton. Quaker expects final approval from the EC once the final

purchase agreement is in place between Quaker, Houghton, and the buyer of the divested product lines. Quaker continues to be in productive discussions with the U.S. Federal Trade Commission ("FTC"), although the process is taking longer than anticipated. Given the time lapse since Quaker's initial filing, the FTC requested updated information as part of their approval process late in the fourth quarter of 2018. In addition, the government shutdown in the U.S. during the first quarter of 2019 extended the timeline to receive the final approval. The proposed remedy being discussed with the FTC continues to be consistent with Quaker's previous guidance that the total divested product lines will be approximately 3% of the combined company's revenue. Given current information, the Company estimates that FTC and EC final approval and closing of the combination will occur within the next few months.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Ingevity (NGVT) 4,073 37% 19.1 8% 2,130 1,729 1,219 448 173 283 5,412
Valvoline (VVV) 3,610 34% 17.0 11% 2,000 2,252 2,355 796 226 284 4,814
Olin (OLN) 3,566 15% 5.7 3% 9,235 6,464 6,654 1,010 270 1,212 6,855
Balchem (BCPC) 3,264 32% 21.4 7% 1,098 366 637 202 78 150 3,223
Sensient Technologies (SXT) 3,037 0% 14.8 8% 1,825 928 1,359 0 147 247 3,664
Rogers (ROG) 2,945 35% 16.8 7% 1,307 410 932 329 97 177 2,968
Platform Specialty Products (PAH) 2,714 43% -10.7 -9% 4,440 2,209 1,883 803 -395 -377 4,040
Cabot (CBT) 2,692 22% 7.4 8% 3,119 2,027 3,360 727 248 488 3,622
Quaker Chemical (KWR) 2,664 36% 29.2 8% 725 267 851 307 57 88 2,569
Polyone (POL) 2,374 21% 13.6 5% 2,931 2,360 3,521 752 142 270 3,689
WD-40 (WDFC) 2,238 73% 25.7 22% 313 160 317 231 69 88 2,264
Innospec (IOSP) 2,177 30% 11.7 6% 1,490 626 1,534 457 92 190 2,229
PQ Group (PQG) 2,089 24% 10.0 2% 4,442 2,722 1,598 392 77 413 4,151
Minerals Technologies (MTX) 2,077 25% 8.1 5% 3,149 1,728 1,813 454 154 338 2,739
Trinseo (TSE) 1,838 9% 7.6 5% 2,804 2,059 4,230 374 138 325 2,472
Kronos (KRO) 1,757 26% 7.5 6% 1,959 1,091 1,681 434 116 250 1,881
Tronox (TROX) 1,713 20% 11.5 -1% 5,416 4,487 2,066 422 -65 396 4,540
GCP Applied Technologies (GCP) 1,621 37% 11.5 6% 1,270 758 1,061 392 74 147 1,691
Orion Engineered Carbons (OEC) 1,509 0% 1,273 1,114 0 0 0 0 2,132
Codexis (CDXS) 1,116 78% -72.4 -10% 147 48 61 48 -14 -14 1,021

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1733686581899020
Accounts Receivable151154166189188195208202
Inventory7572727875778794
PP&E838523423588868784
Assets506537584666686692722710
Accounts Payable6568727567789388
Long-Term Debt4730177581666136
Liabilities250247239300304279313273
Stockholders' Equity249281336357373403408435
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue6837087297667387478201
Cost of Revenue555
Gross Profit-554
R&D20222222222424
SG&A165175190196199197199208
Tax1416182321254225
Net Income4650595853632260
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating2063745573746579
Cash Investing-35-17-12-84-34-24-14-12
Cash Financing9-31-2630-17-38-55-47