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Side-by-side financial comparison of HCI Group, Inc. (HCI) and QUAKER CHEMICAL CORP (KWR). Click either name above to swap in a different company.

QUAKER CHEMICAL CORP is the larger business by last-quarter revenue ($468.5M vs $242.9M, roughly 1.9× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 35.0% vs 4.4%, a 30.6% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (12.2% vs 5.5%). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (8.5% CAGR vs -0.1%).

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

Quaker Chemical Corporation, doing business as Quaker Houghton, is an American chemical company that was founded in 1918. It is headquartered in Conshohocken, Pennsylvania. With its global presence in 21 countries and 35 locations worldwide, the company has over 50% of net sales outside of the United States. Quaker Houghton manufactures process fluids for use in the steel, aluminum, metalworking, automotive, mining, aerospace, tube & pipe, can making, and other industrial processes. On August...

HCI vs KWR — Head-to-Head

Bigger by revenue
KWR
KWR
1.9× larger
KWR
$468.5M
$242.9M
HCI
Growing faster (revenue YoY)
HCI
HCI
+6.7% gap
HCI
12.2%
5.5%
KWR
Higher net margin
HCI
HCI
30.6% more per $
HCI
35.0%
4.4%
KWR
Faster 2-yr revenue CAGR
HCI
HCI
Annualised
HCI
8.5%
-0.1%
KWR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HCI
HCI
KWR
KWR
Revenue
$242.9M
$468.5M
Net Profit
$85.0M
$20.7M
Gross Margin
35.3%
Operating Margin
6.7%
Net Margin
35.0%
4.4%
Revenue YoY
12.2%
5.5%
Net Profit YoY
14.6%
45.9%
EPS (diluted)
$5.45
$1.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCI
HCI
KWR
KWR
Q1 26
$242.9M
Q4 25
$246.2M
$468.5M
Q3 25
$216.3M
$493.8M
Q2 25
$221.9M
$483.4M
Q1 25
$216.4M
$442.9M
Q4 24
$161.9M
$444.1M
Q3 24
$175.3M
$462.3M
Q2 24
$206.2M
$463.6M
Net Profit
HCI
HCI
KWR
KWR
Q1 26
$85.0M
Q4 25
$97.7M
$20.7M
Q3 25
$65.5M
$30.5M
Q2 25
$66.2M
$-66.6M
Q1 25
$69.7M
$12.9M
Q4 24
$2.6M
$14.2M
Q3 24
$5.7M
$32.3M
Q2 24
$54.1M
$34.9M
Gross Margin
HCI
HCI
KWR
KWR
Q1 26
Q4 25
35.3%
Q3 25
36.6%
Q2 25
35.5%
Q1 25
36.4%
Q4 24
35.2%
Q3 24
37.3%
Q2 24
37.9%
Operating Margin
HCI
HCI
KWR
KWR
Q1 26
Q4 25
58.5%
6.7%
Q3 25
41.9%
9.4%
Q2 25
42.5%
-10.9%
Q1 25
46.4%
6.2%
Q4 24
3.6%
6.5%
Q3 24
8.0%
11.2%
Q2 24
36.9%
12.6%
Net Margin
HCI
HCI
KWR
KWR
Q1 26
35.0%
Q4 25
39.7%
4.4%
Q3 25
30.3%
6.2%
Q2 25
29.8%
-13.8%
Q1 25
32.2%
2.9%
Q4 24
1.6%
3.2%
Q3 24
3.2%
7.0%
Q2 24
26.2%
7.5%
EPS (diluted)
HCI
HCI
KWR
KWR
Q1 26
$5.45
Q4 25
$7.29
$1.16
Q3 25
$4.90
$1.75
Q2 25
$5.18
$-3.78
Q1 25
$5.35
$0.73
Q4 24
$0.32
$0.81
Q3 24
$0.52
$1.81
Q2 24
$4.24
$1.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCI
HCI
KWR
KWR
Cash + ST InvestmentsLiquidity on hand
$1.0B
$179.8M
Total DebtLower is stronger
$31.7M
$834.9M
Stockholders' EquityBook value
$1.1B
$1.4B
Total Assets
$2.6B
$2.8B
Debt / EquityLower = less leverage
0.03×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCI
HCI
KWR
KWR
Q1 26
$1.0B
Q4 25
$1.2B
$179.8M
Q3 25
$987.9M
$172.0M
Q2 25
$947.2M
$201.9M
Q1 25
$754.5M
$186.2M
Q4 24
$532.5M
$188.9M
Q3 24
$518.8M
$212.1M
Q2 24
$445.8M
$188.6M
Total Debt
HCI
HCI
KWR
KWR
Q1 26
$31.7M
Q4 25
$834.9M
Q3 25
Q2 25
Q1 25
Q4 24
$669.6M
Q3 24
Q2 24
Stockholders' Equity
HCI
HCI
KWR
KWR
Q1 26
$1.1B
Q4 25
$1.0B
$1.4B
Q3 25
$821.8M
$1.4B
Q2 25
$758.6M
$1.3B
Q1 25
$522.7M
$1.4B
Q4 24
$453.3M
$1.4B
Q3 24
$455.3M
$1.4B
Q2 24
$447.3M
$1.4B
Total Assets
HCI
HCI
KWR
KWR
Q1 26
$2.6B
Q4 25
$2.5B
$2.8B
Q3 25
$2.3B
$2.8B
Q2 25
$2.4B
$2.8B
Q1 25
$2.3B
$2.7B
Q4 24
$2.2B
$2.6B
Q3 24
$2.0B
$2.7B
Q2 24
$1.9B
$2.7B
Debt / Equity
HCI
HCI
KWR
KWR
Q1 26
0.03×
Q4 25
0.61×
Q3 25
Q2 25
Q1 25
Q4 24
0.49×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCI
HCI
KWR
KWR
Operating Cash FlowLast quarter
$46.5M
Free Cash FlowOCF − Capex
$24.3M
FCF MarginFCF / Revenue
5.2%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
2.25×
TTM Free Cash FlowTrailing 4 quarters
$80.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCI
HCI
KWR
KWR
Q1 26
Q4 25
$444.4M
$46.5M
Q3 25
$26.7M
$51.4M
Q2 25
$145.0M
$41.6M
Q1 25
$162.0M
$-3.0M
Q4 24
$331.8M
$63.1M
Q3 24
$104.1M
$68.0M
Q2 24
$-29.0M
$46.3M
Free Cash Flow
HCI
HCI
KWR
KWR
Q1 26
Q4 25
$440.8M
$24.3M
Q3 25
$25.9M
$38.0M
Q2 25
$144.5M
$33.6M
Q1 25
$160.3M
$-15.4M
Q4 24
$327.8M
$40.6M
Q3 24
$103.2M
$59.8M
Q2 24
$-30.1M
$39.6M
FCF Margin
HCI
HCI
KWR
KWR
Q1 26
Q4 25
179.0%
5.2%
Q3 25
12.0%
7.7%
Q2 25
65.1%
7.0%
Q1 25
74.1%
-3.5%
Q4 24
202.5%
9.1%
Q3 24
58.9%
12.9%
Q2 24
-14.6%
8.6%
Capex Intensity
HCI
HCI
KWR
KWR
Q1 26
Q4 25
1.5%
4.7%
Q3 25
0.4%
2.7%
Q2 25
0.2%
1.6%
Q1 25
0.8%
2.8%
Q4 24
2.5%
5.1%
Q3 24
0.5%
1.8%
Q2 24
0.5%
1.4%
Cash Conversion
HCI
HCI
KWR
KWR
Q1 26
Q4 25
4.55×
2.25×
Q3 25
0.41×
1.69×
Q2 25
2.19×
Q1 25
2.32×
-0.24×
Q4 24
128.41×
4.45×
Q3 24
18.33×
2.10×
Q2 24
-0.54×
1.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCI
HCI

Segment breakdown not available.

KWR
KWR

Other$260.7M56%
Metalworking And Other$146.4M31%
Metals$61.4M13%

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