secwatch.observer — SEC 8-K summary
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Issuer:     QUAKER CHEMICAL CORP (KWR)
CIK:        0000081362
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001104659-22-026672
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81362/000110465922026672/0001104659-22-026672-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81362/000110465922026672/tm227557d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-026672

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer