---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-026672"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:08:34.278928+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quaker Houghton Q4 net income drops to $18.1M; record FY net sales $1.76B and adjusted EBITDA $274.1M

## Summary
- Q4 net sales $447.0M (+16%); net income $18.1M ($1.01 EPS) vs $48.5M ($2.72) YoY.
- FY 2021 record net sales $1.76B; net income $121.4M ($6.77 EPS) vs $39.7M ($2.22) in 2020.
- Non-GAAP EPS Q4 $1.29 vs $1.63; FY $6.85 vs $4.78.
- Adjusted EBITDA Q4 $60.7M (-7% YoY); FY record $274.1M (up from $222.0M).
- Operating cash flow fell to $48.9M in FY from $178.4M due to working capital build; net debt/EBITDA 2.7x.

## SEC filing metadata
- accession: 0001104659-22-026672
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/81362/000110465922026672/0001104659-22-026672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000110465922026672/tm227557d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-026672
- JSON: https://secwatch.observer/filing/0001104659-22-026672.json
- Plain text: https://secwatch.observer/filing/0001104659-22-026672.txt

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