---
schema_version: "secwatch.filing_event.v1"
accession: "0000081362-24-000057"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:15:00.408973+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Quaker Chemical (KWR) Q1 2024 net sales $469.8M (-6% YoY); adj. EBITDA up 6% to $83.3M

## Summary
- GAAP diluted EPS $1.95 vs $1.64 prior year; non-GAAP EPS $2.09 vs $1.89.
- Net sales $469.8M, down 6% YoY driven by price/mix (-5%) and volumes (-1%); Asia/Pacific volumes up double-digits.
- Gross margin improved 400 bps YoY (7th consecutive quarterly increase).
- Adjusted EBITDA $83.3M (+6% YoY); operating cash flow $27.2M vs $37.8M.
- Net debt $573.8M, leverage ~1.8x; management confident in volume and earnings growth for 2024.

## SEC filing metadata
- accession: 0000081362-24-000057
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81362/000008136224000057/0000081362-24-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000008136224000057/kwr-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000081362-24-000057
- JSON: https://secwatch.observer/filing/0000081362-24-000057.json
- Plain text: https://secwatch.observer/filing/0000081362-24-000057.txt

## Key facts
- Earnings Releases
  QUAKER CHEMICAL CORP reported the first quarter ended March 31, 2024 results: revenue $469.8 million, net income $35.2 million, EPS $1.95.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $469.8 million
  - Net income: $35.2 million
  - EPS: $1.95
  - Result: reported results
  source text: Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES FIRST QUARTER 2024 RESULTS • Q1’24 net sales of $469.8 million , net income of $35.2 million and earnings per diluted share of $1.95 • Q1’24 non-GAAP net income of $37.7 million and non-GAAP earnings per diluted share of $2.09 • Delivered
  evidence_url: https://www.sec.gov/Archives/edgar/data/81362/000008136224000057/0000081362-24-000057-index.htm

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