Saturday 17 October 2026 Export KWR’s income statement to Excel — free account

Quaker Houghton

Quaker Houghton’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 2.66% from fiscal 2024. In the quarter to June 2026, revenue grew 10.2%, EPS grew 141.3%, free cash flow fell 43.2% and total debt fell 6.67%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.

156.96 1.59 −1.00%

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Market cap: $2.7B
P/E: 27.9×
Fwd P/E: 25.2×
Dividend yield: 1.63%
F-score: 5/9
Altman Z: 2.28
Beneish M: −2.68
Dividend safety: 45/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.21

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	1	—	—	1	—	—

Insider Ownership 21.74%

Capital & Financial Ratios $m

Market Cap 2,730.00

Revenue 1,975.35

Net Income 97.80

Free Cash Flow 74.59

Net Debt 718.35

Current Ratio 2.46

Debt/Equity 0.63

P/E ratio 27.93

Fwd P/E 25.20

P/S ratio 1.36

P/B ratio 1.95

Past 5Y EPS Growth —

This Y EPS Growth 12.07%

Next Y EPS Growth 21.55%

Next Y revenue growth 7.64%

Next 5Y EPS Growth 16.16%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 28.06%

10-year low 10-year high

P/S against its own 10 years 15.55%

10-year low 10-year high

P/B against its own 10 years 18.02%

10-year low 10-year high

EV/Sales against its own 10 years 19.68%

10-year low 10-year high

EV/FCF against its own 10 years 73.84%

10-year low 10-year high

Dividends

Payout Ratio 0.46

Annual Dividend Rate 2.56

Annual Dividend Yield 1.63%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.05	0.51 0.51 0.51 0.53
2025	1.96	0.49 0.49 0.49 0.51
2024	1.85	0.46 0.46 0.46 0.49
2023	1.76	0.44 0.44 0.44 0.46
2022	1.68	0.42 0.42 0.42 0.44
2021	1.60	0.40 0.40 0.40 0.42
2020	1.55	0.39 0.39 0.39 0.40
2019	1.51	0.37 0.37 0.39 0.39
2018	1.45	0.36 0.36 0.37 0.37
2017	1.75	0.35 0.35 0.35 0.36 0.36
2016	1.33	0.32 0.32 0.35 0.35

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	195	189	180	155
Receivables	445	400	417	464
Inventory	234	227	266	304
Other	—	—	—	—
	928	876	921	991

	2023	2024	2025	Q'26
Payables	185	198	199	234
ST’ Debt	23	38	36	16
Other	—	81	85	92
	368	380	380	403

Compound Annual Growth %

	10y	5y	3y
Sales	9.86%	5.90%	(0.95%)
Cash Flow	6.39%	(5.22%)	48.35%
Earnings	0.00%	0.00%	0.00%
Book Value	13.70%	0.83%	2.49%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	480	533	—	—	—
’25	443	483	494	468	1,889
’24	470	464	462	444	1,840
’23	500	495	491	467	1,953
’22	474	492	492	485	1,944
’21	430	435	449	447	1,761
’20	379	286	367	386	1,418

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	4	29	—	—	—
’25	(3)	42	51	47	136
’24	27	46	68	63	205
’23	38	78	83	80	279
’22	(6)	(2)	(18)	68	42
’21	(13)	3	12	46	49
’20	20	24	67	66	178

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(7)	19	—	—	—
’25	(15)	34	41	21	81
’24	23	42	60	38	163
’23	32	67	75	67	240
’22	(15)	(8)	(23)	61	15
’21	(2)	(15)	6	38	27
’20	15	22	63	61	160

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.13	1.55	—	—	—
’25	0.73	(3.78)	1.75	1.18	(0.14)
’24	1.95	1.94	1.81	0.81	6.51
’23	1.64	1.63	1.87	1.12	6.26
’22	1.11	0.80	1.44	(4.24)	(0.89)
’21	2.15	1.88	1.73	1.01	6.77
’20	(1.60)	(0.43)	1.53	2.72	2.22

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	68.20	124.92	137.95	141.79	108.14	215.86	129.06	138.67	137.00	95.91	Analyst estimates 2026–2028 Powerpack
	High	139.92	165.93	217.15	224.30	272.31	301.99	245.22	221.94	214.19	148.80
People
People	Employees	2,020	2,110	2,160	4,500	4,200	4,700	4,600	4,400	4,400	4,700
	Revenue/emp, $m	0.37	0.39	0.40	0.25	0.34	0.37	0.42	0.44	0.42	0.40
Income, $m
Income, $m	Revenue	747	820	868	1,134	1,418	1,761	1,944	1,953	1,840	1,889
	Gross margin, %	37.51	35.54	36.00	34.59	36.22	33.76	31.52	36.13	37.29	35.97
	EBT	84	61	83	29	27	147	7	153	155	7
	EBT margin, %	11.25	7.40	9.58	2.55	1.91	8.35	0.37	7.84	8.43	0.37
	Net income	63	22	60	32	40	121	(16)	113	117	(2)
	Depreciation	20	20	20	47	88	91	83	82	84	99
Per share, $
Per share, $	Revenue	56.84	62.10	65.38	74.93	80.00	98.91	108.94	109.17	103.06	108.09
	Earnings	4.64	1.53	4.46	2.08	2.23	6.79	(0.89)	6.27	6.51	(0.14)
	Cash flow	5.61	4.90	5.94	5.45	10.07	2.75	2.34	15.59	11.46	7.81
	Capex	(0.74)	(0.82)	(0.91)	(1.02)	(1.01)	(1.21)	(1.52)	(2.17)	(2.34)	(3.20)
	Free cash flow	4.87	4.08	5.03	4.42	9.06	1.54	0.83	13.43	9.12	4.61
	Book value	31.41	31.02	32.89	82.13	74.54	77.95	71.67	77.40	75.86	78.78
	Shares, m	13	13	13	15	18	18	18	18	18	17
Valuation, ×
Valuation, ×	P/E	28.05	98.42	39.76	72.48	113.12	33.99	0.00	33.87	21.62	0.00
	P/S	2.28	2.44	2.72	2.20	3.17	2.33	1.50	1.94	1.37	1.27
	P/B	4.13	4.89	5.40	2.00	3.40	2.96	2.28	2.74	1.86	1.74
	EV/Sales	2.25	2.41	2.64	2.90	3.67	2.75	1.90	2.23	1.65	1.64
	EV/FCF	26.31	36.71	34.31	49.09	32.38	176.05	250.83	18.12	18.62	38.34
Cash, $m
Cash, $m	Operating cash flow	74	65	79	82	178	49	42	279	205	136
	Capex	(10)	(11)	(12)	(15)	(18)	(21)	(27)	(39)	(42)	(56)
	Free cash flow	64	54	67	67	160	27	15	240	163	81
Balance, $m
Balance, $m	Working capital	249	252	267	356	410	490	639	560	497	541
	Total debt	66	67	37	921	888	893	953	754	707	871
	Net debt	(22)	(23)	(68)	797	706	728	772	560	518	691
	Shareholders’ equity	413	410	436	1,242	1,321	1,388	1,279	1,385	1,354	1,376
Returns, %
Returns, %	ROA	8.87	2.85	8.27	1.77	1.38	4.15	(0.55)	4.07	4.38	(0.09)
	ROIC	13.67	10.15	14.88	1.41	1.83	4.44	1.59	6.89	6.50	1.60
	ROE	15.34	4.90	14.00	3.76	3.09	8.96	(1.19)	8.47	8.52	(0.18)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
AVNT Avient Corporation	$3.6B	21.0×	14.0×	+5.83% (above 0%: growing)	+24.56% (above 0%: growing)	−16.67% (below 0%: shrinking)	33.54%	12.26%	Compare
ASH Ashland Inc.	$3.3B	62.4×	24.9×	+7.34% (above 0%: growing)	n/m	+5.26% (above 0%: growing)	34.21%	8.65%	Compare
FUL H. B. Fuller Company	$2.8B	14.1×	16.8×	+5.17% (above 0%: growing)	+18.19% (above 0%: growing)	−58.41% (below 0%: shrinking)	33.22%	12.07%	Compare
HWKN Hawkins, Inc.	$2.8B	33.8×	36.3×	+7.64% (above 0%: growing)	−3.55% (below 0%: shrinking)	+30.29% (above 0%: growing)	23.44%	12.25%	Compare
KWR Quaker Houghton	$2.7B	27.9×	25.2×	+10.17% (above 0%: growing)	n/m	−43.19% (below 0%: shrinking)	35.53%	7.62%
WDFC WD-40 Company	$2.7B	30.3×	34.0×	+24.35% (above 0%: growing)	+45.45% (above 0%: growing)	−13.28% (below 0%: shrinking)	56.59%	20.67%	Compare
NGVT Ingevity Corporation	$2.4B	45.3×	18.5×	−5.25% (below 0%: shrinking)	n/m	−136.08% (below 0%: shrinking)	44.25%	19.13%	Compare
IOSP Innospec Inc.	$2.4B	19.7×	16.3×	+11.76% (above 0%: growing)	+32.98% (above 0%: growing)	−63.16% (below 0%: shrinking)	28.14%	8.08%	Compare
MTX Minerals Technologies Inc.	$2.0B	— (loss-making)	12.4×	+3.69% (above 0%: growing)	n/m	+5.92% (above 0%: growing)	24.40%	(40.17%)	Compare
Median of peers	$2.7B	30.3×	17.7×	+6.59%	+24.56%	−14.97%	33.38%	12.16%

All 60 Specialty Chemicals stocks →

Quaker Houghton (KWR) key facts

Strength: Quaker Houghton’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 2.66% from fiscal 2024.
Quaker Houghton (KWR) is a Specialty Chemicals company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, KWR traded at $156.96, a market capitalization of $2.7 billion.
Quaker Houghton pays an annual dividend of $2.56 per share, a yield of 1.63%, with a payout ratio of 45.7%.
Return on equity was −0.18% and debt-to-equity 0.63.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.28 (grey zone) for fiscal 2025.