{"schema_version":"secwatch.filing_event.v1","accession":"0000081362-24-000019","form_type":"8-K","ticker":"KWR","cik":"0000081362","company_name":"QUAKER CHEMICAL CORP","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.988738+00:00","generated_at":"2026-06-05T07:36:29.514070+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quaker Houghton Q4 net sales $467M, EPS $1.12; adj EBITDA up 13%, initiates $150M buyback","bullets":["Q4 net sales $467.1M (-4% YoY); GAAP EPS $1.12; non-GAAP EPS $1.78.","Record full-year adjusted EBITDA $320.4M; operating cash flow $279M vs $41.8M in 2022.","Board authorized $150M share repurchase program, effective immediately, no expiration.","Acquired I.K.V. Tribologie (IKVT) for €27M (~$29.1M) in Feb 2024; adds high-performance lubes.","Net debt/adj EBITDA 1.8x; gross debt $755.6M, cash $194.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000081362-24-000019","json":"https://secwatch.observer/filing/0000081362-24-000019.json","markdown":"https://secwatch.observer/filing/0000081362-24-000019.md","text":"https://secwatch.observer/filing/0000081362-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81362/000008136224000019/0000081362-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81362/000008136224000019/kwr-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:36:29.514070+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5d01308b82fee697ac92962905ebc1642f11bac8","claim":"QUAKER CHEMICAL CORP reported the fourth quarter and full year ended December 31, 2023 results: revenue Q4'23 net sales of $467.1 million, net income net income of $20.2 million, EPS earnings per diluted share of $1.12.","evidence_excerpt":"Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS • Q4’23 net sales of $467.1 million, net income of $20.2 million and earnings per diluted share of $1.12 • Q4’23 non-GAAP net income of $31.9 million and non-GAAP earnings per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/81362/000008136224000019/0000081362-24-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Q4'23 net sales of $467.1 million"},{"label":"Net income","value":"net income of $20.2 million"},{"label":"EPS","value":"earnings per diluted share of $1.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}