Company Quick10K Filing
PQ Group
10-K 2019-12-31 Filed 2020-02-27
10-Q 2019-09-30 Filed 2019-11-05
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-10
10-Q 2018-03-31 Filed 2018-05-11
10-K 2017-12-31 Filed 2018-03-22
10-Q 2017-09-30 Filed 2017-11-14
8-K 2020-03-20 Enter Agreement, Off-BS Arrangement
8-K 2020-03-12 Other Events
8-K 2020-02-29 Officers
8-K 2020-02-27 Regulation FD, Exhibits
8-K 2020-02-20 Earnings, Exhibits
8-K 2020-02-07 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-01-27 Earnings
8-K 2019-11-26 Officers, Exhibits
8-K 2019-11-15 Officers, Exhibits
8-K 2019-10-31 Earnings, Exhibits
8-K 2019-10-28 Officers
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-05-16 Regulation FD, Exhibits
8-K 2019-05-09 Earnings, Exhibits
8-K 2019-05-02 Shareholder Vote
8-K 2019-03-22 Earnings, Exhibits
8-K 2019-02-21 Earnings, Exhibits
8-K 2018-12-21 Officers, Exhibits
8-K 2018-11-06 Earnings, Exhibits
8-K 2018-08-06 Officers, Regulation FD, Exhibits
8-K 2018-05-10 Earnings, Exhibits
8-K 2018-05-04 Shareholder Vote
8-K 2018-03-21 Earnings, Exhibits
8-K 2018-03-19 Officers, Regulation FD, Exhibits
8-K 2018-02-08 Enter Agreement, Off-BS Arrangement, Exhibits

PQ Group Financials

PQG Metrics, Comps, Filings

Quarterly | Annual

Business

PQ Group Holdings Inc. ("PQ Group Holdings" or the "Company") was incorporated in Delaware on August 7, 2015. PQ Holdings Inc. ("PQ Holdings"), a manufacturer of specialty catalysts, materials and chemicals, was incorporated in Delaware on June 22, 2007. Founded in 1831, our business has a nearly 200-year history of innovation, enabling environmental improvements in fuel efficiency and emissions, safer highway and airport travel, and healthier personal care products, while improving sustainability of our planet. On October 3, 2017, PQ Group Holdings completed its initial public offering ("IPO"). Our common stock is listed on the New York Stock Exchange under the stock ticker "PQG".

Eco Services Operations LLC ("Eco Services"), which acquired substantially all of the assets of Solvay USA Inc.'s sulfuric acid refining services business unit on December 1, 2014 (the "2014 Acquisition"), was incorporated in Delaware on July 30, 2014. On May 4, 2016, we consummated a series of transactions (the "Business Combination") to reorganize and combine the businesses of PQ Holdings and Eco Services under a new holding company, PQ Group Holdings, pursuant to a reorganization and transaction agreement, dated August 17, 2015, as amended, by and among PQ Group Holdings, PQ Holdings, PQ Corporation, Eco Services, Eco Services Holdings LLC, Eco Services Group Holdings LLC and certain investment funds affiliated with CCMP Capital Advisors, LLC (now known as CCMP Capital Advisors, LP; "CCMP"). We refer to the business of PQ Holdings prior to the Business Combination as "legacy PQ" and the business of Eco Services prior to the Business Combination as "legacy Eco." Unless the context otherwise indicates, the terms "PQ Group Holdings Inc.," "we,", "us," "our," or the "Company" mean PQ Group Holdings Inc. and subsidiaries.

We are an integrated global provider of specialty catalysts, materials and chemicals, and services that enable environmental improvements, enhance consumer products, and improve personal safety. Our value-added products seek to address global demand trends that are often either the subject of significant environmental and safety regulations or are driven by consumer preferences for environmentally friendlier alternative products, which we believe positions us to grow sales in excess of gross domestic product growth rates and provides us with high-margin growth opportunities. Specifically, our products and solutions help companies produce vehicles with improved fuel efficiency and cleaner emissions. Our materials are critical ingredients in consumer products that make teeth brighter and skin softer. We produce highly engineered materials that make highways and airports safer for drivers and pilots. Because our products are predominantly inorganic and carbon-free, we believe we contribute to improving the sustainability of our planet.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Balchem (BCPC) 3,256 33% 23.3 7% 1,097 363 641 208 80 137 3,196
Sensient Technologies (SXT) 2,885 0% 19.6 6% 1,779 882 1,004 0 99 177 3,468
Rogers (ROG) 2,622 35% 20.0 6% 1,250 335 927 328 76 131 2,611
Platform Specialty Products (PAH) 3,626 42% -27.0 -5% 9,392 7,280 3,544 1,477 -498 -319 8,618
Cabot (CBT) 2,610 21% 7.6 6% 3,004 2,006 3,337 685 186 463 3,536
Quaker Chemical (KWR) 2,537 35% 73.9 1% 2,724 1,521 954 331 30 44 3,215
Polyone (POL) 2,507 22% 16.8 4% 2,946 2,354 3,343 727 124 225 3,776
WD-40 (WDFC) 2,562 73% 28.6 18% 303 157 317 232 56 91 2,595
Innospec (IOSP) 2,186 31% 15.4 5% 1,494 612 1,123 348 81 143 2,207
PQ Group (PQG) 2,090 25% 11.5 2% 4,365 2,629 1,595 397 89 351 4,053
Minerals Technologies (MTX) 1,926 25% 9.3 5% 3,126 1,692 1,798 446 151 275 2,559
Trinseo (TSE) 1,785 8% 11.1 3% 2,725 2,010 3,952 328 85 223 2,474
Kronos (KRO) 1,445 24% 9.6 5% 1,885 1,038 1,708 403 102 155 1,494
Tronox (TROX) 1,317 18% 14.7 -2% 5,157 4,333 2,378 434 -86 283 4,160
GCP Applied Technologies (GCP) 1,437 37% 13.6 5% 1,281 765 1,031 387 65 109 1,482
Orion Engineered Carbons (OEC) 1,509 0% 1,273 1,114 0 0 0 0 2,132
Codexis (CDXS) 841 75% -66.2 -8% 146 44 50 38 -11 -11 747
Livent (LTHM) 1,018 34% 9.4 10% 757 215 430 145 76 115 1,085
Kraton (KRA) 1,026 24% 12.7 3% 2,925 2,105 1,844 446 95 193 2,448
Valhi (VHI) 684 24% 4.7 3% 2,682 1,676 1,872 451 82 194 910

Balance Sheet ($MM)2017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash696660545860548480
Accounts Receivable244215
Inventory236262284268249265284275260
PP&E1,4951,5411,5941,5861,5981,6301,6511,6731,683
Assets4,4164,4154,4634,4154,3574,3274,3824,4424,365
Accounts Payable130149136140129148136136132
Long-Term Debt2,7032,2702,2892,2882,2062,1482,1472,1462,043
Liabilities3,3352,7842,8162,7752,6942,6632,7072,7222,629
Stockholders' Equity1,0761,6281,6421,6351,6571,6601,6701,7141,732
Income Statement ($MM)2017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue392358366435427380359432424
Cost of Revenue289274288326320292278316311
Gross Profit10384781081088881115113
R&D
SG&A3639414342414340
Tax58414842017
Net Income-366116142833127
Cash Flow ($MM)2017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating622281162733122
Cash Investing-48-33-33-30-29-5-21
Cash Financing405-1-82-32-103