---
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"
generated_at: "2026-06-05T07:36:29.514070+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quaker Houghton Q4 net sales $467M, EPS $1.12; adj EBITDA up 13%, initiates $150M buyback

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000081362-24-000019
- JSON: https://secwatch.observer/filing/0000081362-24-000019.json
- Plain text: https://secwatch.observer/filing/0000081362-24-000019.txt

## Key facts
- Earnings Releases
  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.
  - Period: the fourth quarter and full year ended December 31, 2023
  - 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
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/81362/000008136224000019/0000081362-24-000019-index.htm

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