---
schema_version: "secwatch.filing_event.v1"
accession: "0000081362-23-000053"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:50:31.846097+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Quaker Houghton Q2 2023 net sales $495.4M, adj. EBITDA $80.2M up 37% YoY

## Summary
- Net income $29.3M ($1.63 diluted EPS) vs $14.3M ($0.80) YoY; non-GAAP EPS $1.93.
- Adjusted EBITDA $80.2M (+37% YoY) driven by margin improvement; operating cash flow $116.1M YTD.
- Net sales flat at $495.4M (+1%); volume down 10% YoY, selling price/mix up 11%.
- Americas net sales $253.2M (+7% YoY); EMEA flat; Asia/Pacific down 11%.
- Net debt to adjusted EBITDA improved to 2.3x; total gross debt $885.1M, cash $189.4M.

## SEC filing metadata
- accession: 0000081362-23-000053
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81362/000008136223000053/0000081362-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000008136223000053/kwr-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000081362-23-000053
- JSON: https://secwatch.observer/filing/0000081362-23-000053.json
- Plain text: https://secwatch.observer/filing/0000081362-23-000053.txt

## Key facts
- Earnings Releases
  QUAKER CHEMICAL CORP reported second quarter ended June 30, 2023 results: revenue $495.4 million, net income $29.3 million, EPS $1.63 per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $495.4 million
  - Net income: $29.3 million
  - EPS: $1.63 per diluted share
  - Result: reported results
  source text: Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES SECOND QUARTER 2023 RESULTS • Net sales of $495.4 million in Q2’23, an increase of 1% compared to Q2’22 driven by value-based pricing initiatives • Q2’23 net income of $29.3 million and earnings per diluted share of $1.63 • Q2’23
  evidence_url: https://www.sec.gov/Archives/edgar/data/81362/000008136223000053/0000081362-23-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
