KRONOS WORLDWIDE INC KRO

Healthcare SIC 2810 - Industrial Inorganic Chemicals NAICS Manufacturing › Chemical Manufacturing › Basic Chemical Manufacturing derived NYSE

Kronos Worldwide, Inc. (NYSE: KRO) ("Kronos"), incorporated in Delaware in 1989, is a leading global producer and marketer of value-added titanium dioxide pigments, or TiO2, a base industrial product used in a wide range of applications. We, along with our distributors and agents, sell and provide technical services for our products to approximately 3,000 customers in 100 countries with the majority of our sales in Europe, North America and the Asia Pacific region. We believe we have developed considerable expertise and efficiency in the manufacture, sale, shipment and service of our products in domestic and international markets. Effective July 16, 2024 ("Acquisition Date"), we acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. ("LPC") held by Venator Investments, Ltd. ("Venator") for consideration of $185 million less a working capital adjustment. Prior to the acquisition, we held a 50% joint venture interest in LPC through a wholly-owned subsidiary. LPC was operated as a manufacturing joint venture between us and Venator. Following the acquisition, LPC became a wholly-owned subsidiary of ours. In 2025, we merged LPC into our wholly-owned subsidiary Kronos Louisiana, Inc. (the combined company is referred to as "Kronos Louisiana"). See Note 5 to our Consolidated Financial Statements.

Last close 7.82 2026-10-23
Market cap $900.1M 2026-06-30 share count
52-week range 4.08 - 9.17

Valuation FY2025 figures against the last close

P/S0.5x
P/E—
P/FCF—
EV/EBITDA59.3x
Dividend yield2.6%
Diluted EPS-0.96

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.86B$1.89B$1.67B$1.93B$1.94B$1.64B$1.73B$1.66B$1.73B$1.36B
Cost of revenue $1.65B$1.53B$1.50B$1.54B$1.49B$1.29B$1.34B$1.10B$1.16B$1.10B
Gross profit $213.0M$359.3M$164.9M$391.1M$446.2M$351.2M$386.2M$562.2M$569.7M$264.7M
R&D $16.0M$14.0M$18.0M$15.0M$17.0M$16.0M$17.0M$16.0M$18.0M$13.0M
SG&A $245.2M$225.6M$211.2M$231.3M$248.9M$218.6M$228.2M$228.3M$200.6M$168.5M
Operating income -$36.5M$122.9M-$56.0M$159.6M$187.1M$116.2M$145.8M$330.1M$347.8M$92.9M
Interest expense $53.0M$42.9M$17.1M$16.9M$19.6M$19.0M$18.7M$19.5M$19.0M$20.5M
Pre-tax income -$97.4M$149.6M-$72.9M$133.9M$153.4M$80.0M$121.1M$293.8M$305.7M$61.2M
Income tax $13.5M$63.4M$23.8M$29.4M$40.5M$16.1M$34.0M$88.8M$48.8M$17.9M
Net income -$110.9M$86.2M-$49.1M$104.5M$112.9M$63.9M$87.1M$205.0M$354.5M$43.3M
EPS, basic -0.960.75-0.430.900.980.550.75———
EPS, diluted -0.960.75-0.430.900.980.550.751.773.060.37
Shares, diluted (wtd. avg.) 115.0M115.0M115.1M115.5M116115.6M115.8M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $33.2M$106.7M$202.1M$334.6M$412.6M$362.0M$392.3M$374.7M$323.7M$52.3M
Receivables —$291.0M$295.2M$252.4M$360.7M$319.5M$302.5M$299.5M$319.1M$241.1M
Inventory $628.6M$656.7M$564.6M$608.7M$432.3M$519.0M$503.0M$497.9M$382.3M$343.5M
Total current assets $994.5M$1.11B$1.12B$1.24B$1.26B$1.22B$1.22B$1.20B$1.06B$650.4M
Property, plant and equipment $724.3M$694.1M$482.9M$484.5M$503.4M$524.6M$490.6M$486.4M$506.4M$434.0M
Goodwill $2.6M$2.6M————————
Total assets $1.82B$1.91B$1.84B$1.93B$2.01B$2.04B$1.97B$1.90B$1.82B$1.18B
Accounts payable $224.0M$232.4M$218.7M$177.2M$143.6M$111.0M$137.2M$103.2M$107.9M$84.9M
Short-term debt —$78.3M—$1.1M$1.4M$700.0K$1.5M$1.5M$700.0K—
Total current liabilities $368.8M$476.6M$370.8M$326.7M$288.8M$260.2M$270.6M$233.4M$231.5M$182.1M
Long-term debt $557.4M$429.1M$440.9M$424.1M$449.8M$486.7M$444.0M$455.1M$473.8M—
Retained earnings -$344.9M-$211.0M-$242.0M-$105.4M-$122.1M-$151.8M-$132.5M-$136.2M-$267.2M-$552.2M
Total equity $751.1M$817.0M$808.3M$957.2M$870.2M$796.5M$816.1M$839.8M$754.3M$395.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $2.5M$72.5M$5.5M$81.7M$206.5M$102.5M$160.3M$188.5M$276.1M$89.6M
Depreciation and amortisation $60.5M$60.4M$48.6M$51.7M$51.3M$58.1M$48.1M$49.7M$41.2M$40.5M
Capital expenditure $42.9M$29.5M$47.4M$63.2M$58.6M$62.8M$55.1M$56.3M$64.3M$53.0M
Investing cash flow -$42.9M-$186.3M-$47.4M-$63.1M-$58.6M-$61.3M-$52.5M-$42.7M-$77.9M-$53.0M
Financing cash flow -$36.3M$26.5M-$91.6M-$91.5M-$86.7M-$85.3M-$87.9M-$80.4M$58.8M-$73.3M
Dividends paid $23.0M$55.2M$87.5M$87.8M$83.2M$83.2M$83.4M$78.8M$69.5M$69.5M
Buybacks ——$2.9M$2.3M$200.0K$1.0M$3.0M———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-025219.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B Revenue, FY2016: 1.4B Gross profit, FY2016: 264.7M Net income, FY2016: 43.3M Revenue, FY2017: 1.7B Gross profit, FY2017: 569.7M Net income, FY2017: 354.5M Revenue, FY2018: 1.7B Gross profit, FY2018: 562.2M Net income, FY2018: 205M Revenue, FY2019: 1.7B Gross profit, FY2019: 386.2M Net income, FY2019: 87.1M Revenue, FY2020: 1.6B Gross profit, FY2020: 351.2M Net income, FY2020: 63.9M Revenue, FY2021: 1.9B Gross profit, FY2021: 446.2M Net income, FY2021: 112.9M Revenue, FY2022: 1.9B Gross profit, FY2022: 391.1M Net income, FY2022: 104.5M Revenue, FY2023: 1.7B Gross profit, FY2023: 164.9M Net income, FY2023: -49.1M Revenue, FY2024: 1.9B Gross profit, FY2024: 359.3M Net income, FY2024: 86.2M Revenue, FY2025: 1.9B Gross profit, FY2025: 213M Net income, FY2025: -110.9M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.36B $1.73B $1.66B $1.73B $1.64B $1.94B $1.93B $1.67B $1.89B $1.86B
Gross profit $264.7M $569.7M $562.2M $386.2M $351.2M $446.2M $391.1M $164.9M $359.3M $213.0M
Net income $43.3M $354.5M $205.0M $87.1M $63.9M $112.9M $104.5M -$49.1M $86.2M -$110.9M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 2810

TickerCompanyMarket capP/ERevenue growth
LIN LINDE PLC $234.56B 34.8x 3.0%
APD Air Products & Chemicals, Inc. $68.40B — -0.5%
MTX MINERALS TECHNOLOGIES INC $1.96B — -2.2%
LXU LSB INDUSTRIES, INC. $712.1M 29.1x 17.8%
TROX Tronox Holdings plc $552.6M — -5.7%
LXFR LUXFER HOLDINGS PLC $462.4M 61.7x -1.9%
VHI VALHI INC /DE/ $405.6M — -1.3%
NL NLI HOLDINGS, INC. $328.6M — 8.5%