KWRQuaker Chemical Corporation

$164.70

Is it safe?

Can KWR take a bad year?

Quaker Chemical Corporation carries $742M of net debt at 5.81× EBITDA: a heavy load to carry through a bad year.

$742M

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
5.81×

Net debt / EBITDA · 2.58× a year ago · the load is going up

Altman Z-score
2.42

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
1.33×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ1 2026
$912M
Cash and short-term investments
$170M
Net debt
$742M
EBITDA, trailing twelve months
$128M
Operating profit, trailing twelve months
$59M
Debt / equity
0.66×
Total debt / EBITDA
7.14×
Annualised volatilitytwo years of daily moves
40%
Worst drawdown on file
−66%
Below its 52-week high
−8.4%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.