Quaker Houghton’s Q4’24 and Full Year 2024 Financial Results
Quaker Houghton, a leading industrial process fluids company, recently announced its financial results for the fourth quarter and full year ending December 31, 2024. The company reported the following key figures:
Q4’24 Financial Results:
- Net sales: $444.1 million
- Net income: $14.2 million
- Earnings per diluted share: $0.81
Additionally, the company reported:
- Non-GAAP net income: $23.6 million
- Non-GAAP earnings per diluted share: $1.33
Full Year 2024 Financial Results:
- Net sales: $1.84 billion
- Net income: $116.6 million
- Earnings per diluted share: $6.51
The company also reported:
- Non-GAAP net income: $133.5 million
- Non-GAAP earnings per diluted share: $7.44
Adjusted EBITDA and Operating Cash Flow:
Quaker Houghton delivered an adjusted EBITDA of $64.8 million in Q4’24 and $310.9 million for the full year 2024. The company also generated operating cash flow of $204.6 million in 2024.
Strategic Acquisitions and Shareholder Returns:
During the year, Quaker Houghton completed two strategic acquisitions, expanding its product offerings and market reach. The company also returned $82.4 million to shareholders through dividends and share repurchases.
Impact on Individuals:
The financial results of Quaker Houghton may not have a direct impact on individuals, but the company’s success can be seen as a positive sign for the industrial sector and the overall economy. The company’s continued growth and profitability can lead to job creation and opportunities in the industry.
Impact on the World:
Quaker Houghton’s financial results are significant for the industrial sector as they demonstrate the resilience and growth potential of the industry, despite economic uncertainty. The company’s success in generating strong profits and cash flow can contribute to continued investment in research and development, as well as expansion into new markets, leading to innovation and technological advancements.
Conclusion:
Quaker Houghton’s Q4’24 and full year 2024 financial results showcase the company’s continued growth and profitability in the industrial sector. The company’s success in generating strong net sales, net income, and adjusted EBITDA, along with strategic acquisitions and shareholder returns, demonstrate the potential for growth and opportunities in the sector. While the results may not have a direct impact on individuals, they can be seen as a positive sign for the overall economy and the industrial sector.
By focusing on innovation, expansion, and shareholder value, Quaker Houghton is poised to continue leading the way in the industrial process fluids industry and contributing to the global economy.
