Quaker Houghton (KWR) reported a solid fourth quarter for 2025, with net sales increasing 6% year-over-year to $468.5 million. Growth was primarily driven by strategic acquisitions, including Dipsol, and favorable currency translation, which offset a slight decline in organic volumes. The company saw significant margin improvement, with non-GAAP earnings per diluted share rising 24% to $1.65 and adjusted EBITDA growing 11% to $71.9 million.
Q4 net sales grew 6% Y/Y to $468.5 million, largely driven by a 6% contribution from acquisitions.
Non-GAAP earnings per diluted share increased 24% to $1.65 compared to $1.33 in the prior year period.
Adjusted EBITDA margin expanded to 15.3% from 14.6% in Q4 2024.
The company completed three strategic acquisitions in 2025 and returned $75.9 million to shareholders through dividends and buybacks.
The company anticipates end markets to remain at similar levels through the first half of 2026, with potential for incremental growth in the second half. Management is confident in delivering revenue and adjusted EBITDA growth for the full year 2026.
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