Kronos Worldwide (KRO) Financials

$7.58 +0.15 (+2.06%)

Closing price 05/2/2025 03:59 PM Eastern

Extended Trading

$7.64 +0.05 (+0.69%)

As of 05/2/2025 05:17 PM Eastern

Annual Income Statements for Kronos Worldwide

This table shows Kronos Worldwide's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	99	-174	43	355	205	87	64	113	105	-49	86
Consolidated Net Income / (Loss)	99	-174	43	355	205	87	64	113	105	-49	86
Net Income / (Loss) Continuing Operations	99	-174	43	355	205	87	64	113	105	-49	86
Total Pre-Tax Income	134	-31	61	306	294	121	80	153	134	-73	150
Total Operating Income	146	-1.00	87	355	320	146	122	187	160	-56	123
Total Gross Profit	350	192	265	570	562	386	351	446	391	165	359
Total Revenue	1,652	1,349	1,364	1,729	1,662	1,731	1,639	1,939	1,930	1,667	1,887
Operating Revenue	1,652	1,349	1,364	1,729	1,662	1,731	1,639	1,939	1,930	1,667	1,887
Total Cost of Revenue	1,302	1,157	1,100	1,159	1,100	1,345	1,288	1,493	1,539	1,502	1,528
Operating Cost of Revenue	1,302	1,157	1,100	1,159	1,100	1,345	1,288	1,493	1,539	1,502	1,528
Total Operating Expenses	204	193	177	214	242	240	230	259	232	221	236
Selling, General & Admin Expense	202	192	181	215	243	243	232	264	246	226	240
Other Operating Expenses / (Income)	0.70	0.90	-4.20	-0.50	-0.80	-0.90	-1.40	-4.80	-15	-4.70	-4.00
Total Other Income / (Expense), net	-12	-30	-26	-50	-26	-25	-42	-34	-26	-17	27
Interest Expense	17	19	21	26	20	19	19	20	17	17	43
Interest & Investment Income	1.00	0.80	0.60	1.40	5.50	6.70	1.80	0.40	5.10	6.90	5.50
Other Income / (Expense), net	4.00	-12	-6.30	-25	-12	-13	-25	-15	-14	-6.70	64
Income Tax Expense	35	143	18	-49	89	34	16	41	29	-24	63
Basic Earnings per Share	$0.86	($1.50)	$0.37	$3.06	$1.77	$0.75	$0.55	$0.98	$0.90	($0.43)	$0.75
Weighted Average Basic Shares Outstanding	115.90M	115.90M	115.90M	115.90M	115.90M	115.80M	115.60M	115.50M	115.50M	115.10M	115M
Diluted Earnings per Share	$0.86	($1.50)	$0.37	$3.06	$1.77	$0.75	$0.55	$0.98	$0.90	($0.43)	$0.75
Weighted Average Diluted Shares Outstanding	115.90M	115.90M	115.90M	115.90M	115.90M	115.80M	115.60M	115.50M	115.50M	115.10M	115M
Weighted Average Basic & Diluted Shares Outstanding	115.90M	115.90M	115.90M	115.90M	115.90M	115.80M	115.60M	115.48M	115.31M	115.03M	115.04M
Cash Dividends to Common per Share	$0.60	$0.60	$0.60	$0.60	$0.68	$0.72	$0.72	$0.72	$0.76	$0.76	$0.48

This table shows Kronos Worldwide's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	21	-44	-15	-8.20	-20	-5.30	8.10	20	72	-13
Consolidated Net Income / (Loss)	21	-20	-15	-8.20	-20	-5.30	8.10	20	72	-13
Net Income / (Loss) Continuing Operations	21	-20	-15	-8.20	-20	-5.30	8.10	20	72	-13
Total Pre-Tax Income	22	-25	-22	-12	-29	-9.40	12	28	95	16
Total Operating Income	31	-21	-18	-6.70	-25	-5.70	20	36	39	29
Total Gross Profit	84	37	31	44	34	56	72	100	101	86
Total Revenue	460	342	426	443	397	400	479	501	485	423
Operating Revenue	460	342	426	443	397	400	479	501	485	423
Total Cost of Revenue	376	305	396	399	363	345	407	400	384	337
Operating Cost of Revenue	376	305	396	399	363	345	407	400	384	337
Total Operating Expenses	53	59	49	51	60	61	52	64	62	58
Selling, General & Admin Expense	59	63	53	50	54	69	54	58	62	66
Other Operating Expenses / (Income)	-5.80	-4.30	-4.10	0.70	6.10	-7.40	-2.20	6.40	0.00	-8.20
Total Other Income / (Expense), net	-8.60	-3.60	-3.80	-5.60	-3.80	-3.70	-7.90	-7.90	56	-13
Interest Expense	4.20	3.90	4.20	4.30	5.30	3.30	9.20	9.80	12	12
Interest & Investment Income	1.40	3.00	2.00	1.50	1.50	1.90	1.30	2.10	1.10	1.00
Other Income / (Expense), net	-5.80	-2.70	-1.60	-2.80	0.00	-2.30	0.00	-0.20	66	-2.00
Income Tax Expense	1.20	-4.90	-6.90	-4.10	-8.70	-4.10	3.50	8.50	23	29
Basic Earnings per Share	$0.18	($0.18)	($0.13)	($0.07)	($0.18)	($0.05)	$0.07	$0.17	$0.62	($0.11)
Weighted Average Basic Shares Outstanding	115.50M	115.50M	115.30M	115.10M	115M	115.10M	115M	115M	115M	115M
Diluted Earnings per Share	$0.18	($0.18)	($0.13)	($0.07)	($0.18)	($0.05)	$0.07	$0.17	$0.62	($0.11)
Weighted Average Diluted Shares Outstanding	115.50M	115.50M	115.30M	115.10M	115M	115.10M	115M	115M	115M	115M
Weighted Average Basic & Diluted Shares Outstanding	115.47M	115.31M	115.06M	115.03M	115.03M	115.03M	115.03M	115.04M	115.04M	115.04M

This table details how cash moves in and out of Kronos Worldwide's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	106	-67	-37	257	51	18	-44	51	-78	-133	-87
Net Cash From Operating Activities	88	52	90	276	189	160	103	207	82	5.50	73
Net Cash From Continuing Operating Activities	88	52	90	276	189	160	103	207	82	5.50	73
Net Income / (Loss) Continuing Operations	99	-174	43	355	205	87	64	113	105	-49	86
Consolidated Net Income / (Loss)	99	-174	43	355	205	87	64	113	105	-49	86
Depreciation Expense	49	42	41	41	50	48	58	51	52	49	60
Amortization Expense	-	-	-	-	0.00	6.80	6.50	6.60	4.50	4.50	10
Non-Cash Adjustments To Reconcile Net Income	18	49	6.60	54	38	3.70	0.60	-12	11	-21	-80
Changes in Operating Assets and Liabilities, net	-78	135	-0.80	-173	-104	15	-27	48	-90	23	-4.30
Net Cash From Investing Activities	-61	-47	-53	-78	-43	-53	-61	-59	-63	-47	-186
Net Cash From Continuing Investing Activities	-61	-47	-53	-78	-43	-53	-61	-59	-63	-47	-186
Purchase of Property, Plant & Equipment	-61	-47	-53	-64	-56	-55	-63	-59	-63	-47	-30
Acquisitions	-	-	-	-	-	-	-	-	0.00	0.00	-157
Other Investing Activities, net	-	-	-	-14	14	2.60	1.50	0.00	0.10	0.00	0.00
Net Cash From Financing Activities	90	-72	-73	59	-80	-88	-85	-87	-92	-92	27
Net Cash From Continuing Financing Activities	90	-72	-73	59	-80	-88	-85	-87	-92	-92	27
Repayment of Debt	-271	-3.90	-270	-603	-1.60	-1.50	-1.10	-3.30	-1.40	-1.20	-211
Repurchase of Common Equity	-	-	-	-	0.00	-3.00	-1.00	-0.20	-2.30	-2.90	0.00
Payment of Dividends	-70	-70	-70	-70	-79	-83	-83	-83	-88	-88	-55
Issuance of Debt	430	1.30	266	732	-	-	-	-	0.00	0.00	293
Effect of Exchange Rate Changes	-10	-	-	-	-14	-2.30	-	-11	-5.10	1.00	-0.10
Cash Interest Paid	15	17	18	15	19	17	18	18	16	16	38
Cash Income Taxes Paid	18	1.40	6.60	37	68	36	15	42	37	17	35

This table details how cash moves in and out of Kronos Worldwide's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-33	-9.80	-150	-8.10	-14	40	-75	13	-37	12
Net Cash From Operating Activities	9.80	23	-110	33	18	64	-43	38	28	49
Net Cash From Continuing Operating Activities	9.80	23	-110	33	18	64	-43	38	28	49
Net Income / (Loss) Continuing Operations	21	-20	-15	-8.20	-20	-5.30	8.10	20	72	-13
Consolidated Net Income / (Loss)	21	-20	-15	-8.20	-20	-5.30	8.10	20	72	-13
Depreciation Expense	13	13	13	12	12	12	11	18	17	14
Amortization Expense	1.00	1.10	1.10	1.20	1.10	1.10	1.10	1.00	6.90	1.00
Non-Cash Adjustments To Reconcile Net Income	-7.00	4.90	-17	-6.20	14	-12	17	-8.50	-102	14
Changes in Operating Assets and Liabilities, net	-18	24	-92	35	11	69	-80	7.80	35	33
Net Cash From Investing Activities	-14	-19	-16	-18	-8.20	-5.30	-4.70	-3.40	-166	-12
Net Cash From Continuing Investing Activities	-14	-19	-16	-18	-8.20	-5.30	-4.70	-3.40	-166	-12
Purchase of Property, Plant & Equipment	-14	-19	-16	-18	-8.20	-5.30	-4.70	-3.40	-9.10	-12
Net Cash From Financing Activities	-22	-24	-24	-24	-22	-23	-26	-23	96	-21
Net Cash From Continuing Financing Activities	-22	-24	-24	-24	-22	-23	-26	-23	96	-21
Repayment of Debt	-0.20	-0.90	-0.20	-0.20	-0.10	-0.70	-58	-0.90	-127	-25
Payment of Dividends	-22	-22	-22	-22	-22	-22	-22	-22	-5.80	-5.70
Issuance of Debt	-	-	0.00	-	-	-	54	-	229	10
Cash Interest Paid	7.50	-0.10	7.90	-0.20	8.10	-	7.20	0.20	24	6.40
Cash Income Taxes Paid	6.90	5.10	-2.60	19	-1.30	2.10	0.90	32	4.00	-1.90

This table presents Kronos Worldwide's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,633	1,243	1,180	1,824	1,898	1,966	2,037	2,013	1,934	1,838	1,914
Total Current Assets	880	711	650	1,063	1,201	1,220	1,218	1,258	1,242	1,117	1,105
Cash & Equivalents	168	93	51	322	373	391	355	406	328	195	107
Restricted Cash	2.20	1.80	1.60	1.70	1.40	1.50	2.00	2.10	2.00	2.20	3.30
Note & Lease Receivable	-	-	-	-	-	-	-	-	-	-	0.00
Accounts Receivable	278	221	245	347	313	309	323	379	255	313	292
Inventories, net	424	387	344	382	498	503	519	432	609	565	657
Prepaid Expenses	8.20	8.50	10	10	16	15	19	39	49	43	47
Plant, Property, & Equipment, net	480	430	434	506	486	491	525	503	485	483	694
Plant, Property & Equipment, gross	1,440	1,309	1,327	1,535	1,507	1,536	1,636	1,591	1,546	1,607	1,792
Accumulated Depreciation	960	879	893	1,029	1,021	1,045	1,111	1,087	1,061	1,124	1,097
Total Noncurrent Assets	274	102	95	256	210	256	294	251	208	238	114
Long-Term Investments	100	85	85	97	85	94	106	106	116	113	3.40
Goodwill	-	-	-	-	-	-	-	-	-	0.00	2.60
Noncurrent Deferred & Refundable Income Taxes	167	14	8.10	139	122	128	151	107	52	83	55
Other Noncurrent Operating Assets	6.10	3.10	2.20	19	3.60	34	33	34	35	36	48
Other Noncurrent Nonoperating Assets	-	-	-	-	-	0.00	4.70	4.50	4.80	5.20	4.70
Total Liabilities & Shareholders' Equity	1,633	1,243	1,180	1,824	1,898	1,966	2,037	2,013	1,934	1,838	1,914
Total Liabilities	852	781	785	1,070	1,058	1,150	1,240	1,143	977	1,030	1,097
Total Current Liabilities	234	202	182	232	233	271	260	289	327	371	477
Short-Term Debt	3.90	3.80	3.60	0.70	1.50	1.50	0.70	1.40	1.10	0.00	78
Accounts Payable	203	173	159	190	196	238	216	257	289	324	358
Current Deferred & Payable Income Tax Liabilities	7.80	5.70	5.00	25	9.00	10	16	12	13	15	22
Other Current Liabilities	20	20	15	16	27	21	28	18	23	31	18
Total Noncurrent Liabilities	618	579	603	839	825	879	980	854	651	659	620
Long-Term Debt	340	337	335	474	455	444	487	450	424	441	429
Noncurrent Deferred Revenue	-	-	-	-	-	-	-	-	34	19	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	6.10	8.10	11	11	22	21	25	28	26	9.00	25
Noncurrent Employee Benefit Liabilities	245	209	234	254	263	307	373	287	129	150	118
Other Noncurrent Operating Liabilities	27	24	22	99	85	107	96	89	38	40	49
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	781	462	395	754	840	816	797	870	957	808	817
Total Preferred & Common Equity	781	462	395	754	840	816	797	870	957	808	817
Total Common Equity	781	462	395	754	840	816	797	870	957	808	817
Common Stock	1,400	1,400	1,400	1,400	1,400	1,397	1,397	1,397	1,396	1,391	1,392
Retained Earnings	-283	-526	-552	-267	-136	-133	-152	-122	-105	-242	-211
Accumulated Other Comprehensive Income / (Loss)	-336	-412	-453	-379	-424	-449	-448	-404	-332	-341	-364

This table presents Kronos Worldwide's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	1,943	1,832	1,779	1,716	1,679	1,657	1,922
Total Current Assets	1,257	1,135	1,056	1,000	985	987	1,068
Cash & Equivalents	339	178	169	155	121	134	95
Restricted Cash	1.50	1.60	1.70	1.60	1.60	1.70	3.10
Accounts Receivable	358	302	308	300	349	371	367
Inventories, net	512	613	541	498	476	447	549
Prepaid Expenses	48	41	36	45	38	34	55
Plant, Property, & Equipment, net	445	490	489	477	462	444	721
Plant, Property & Equipment, gross	1,428	1,569	1,573	1,554	1,563	1,557	1,888
Accumulated Depreciation	983	1,079	1,084	1,077	1,101	1,112	1,167
Total Noncurrent Assets	241	207	234	240	233	225	133
Long-Term Investments	114	116	123	118	111	104	4.80
Goodwill	-	-	-	-	-	-	2.60
Noncurrent Deferred & Refundable Income Taxes	91	51	71	82	82	80	70
Other Noncurrent Operating Assets	32	35	34	35	35	37	50
Other Noncurrent Nonoperating Assets	4.40	4.80	5.00	4.90	5.00	4.80	5.00
Total Liabilities & Shareholders' Equity	1,943	1,832	1,779	1,716	1,679	1,657	1,922
Total Liabilities	1,064	919	902	883	905	882	1,074
Total Current Liabilities	330	260	261	256	268	273	398
Short-Term Debt	1.30	0.90	0.70	0.70	-	-	84
Accounts Payable	323	252	253	246	251	263	297
Current Deferred & Payable Income Tax Liabilities	6.30	7.00	6.80	9.10	17	10	18
Total Noncurrent Liabilities	734	660	642	627	637	609	676
Long-Term Debt	391	434	432	423	427	424	470
Noncurrent Deferred Revenue	-	-	-	-	19	0.00	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	23	25	26	26	8.70	5.90	11
Noncurrent Employee Benefit Liabilities	246	129	127	122	144	140	144
Other Noncurrent Operating Liabilities	74	72	57	56	39	40	51
Total Equity & Noncontrolling Interests	879	912	877	833	774	775	847
Total Preferred & Common Equity	879	912	877	833	774	775	847
Total Common Equity	879	912	877	833	774	775	847
Common Stock	1,395	1,394	1,391	1,391	1,391	1,392	1,392
Retained Earnings	-64	-143	-173	-215	-256	-258	-192
Accumulated Other Comprehensive Income / (Loss)	-453	-338	-342	-343	-361	-359	-352

This table displays calculated financial ratios and metrics derived from Kronos Worldwide's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.65%	-18.35%	1.15%	26.73%	-3.88%	4.16%	-5.33%	18.34%	-0.47%	-13.66%	13.24%
EBITDA Growth	341.38%	-85.42%	319.31%	205.59%	-3.79%	-47.58%	-13.66%	42.46%	-12.41%	-104.75%	2,781.25%
EBIT Growth	212.90%	-108.75%	719.08%	307.40%	-6.84%	-56.95%	-26.64%	77.57%	-15.59%	-143.03%	398.25%
NOPAT Growth	219.90%	-100.65%	8,933.85%	566.30%	-45.81%	-53.03%	-7.30%	41.66%	-9.55%	-131.47%	280.65%
Net Income Growth	197.25%	-275.00%	124.94%	718.71%	-42.17%	-57.51%	-26.64%	76.68%	-7.44%	-146.99%	275.56%
EPS Growth	197.73%	-274.42%	124.67%	727.03%	-42.16%	-57.63%	-26.67%	78.18%	-8.16%	-147.78%	274.42%
Operating Cash Flow Growth	-32.75%	-40.59%	71.98%	208.15%	-31.73%	-14.96%	-36.06%	101.46%	-60.44%	-93.27%	1,218.18%
Free Cash Flow Firm Growth	613.35%	26.13%	-61.71%	127.44%	-3.35%	-14.48%	-65.91%	167.46%	-102.93%	-831.83%	-386.92%
Invested Capital Growth	-8.05%	-27.07%	-4.25%	35.37%	3.60%	-7.31%	5.23%	-1.68%	16.07%	0.24%	29.17%
Revenue Q/Q Growth	0.30%	-6.03%	3.54%	7.43%	-5.88%	1.36%	2.64%	4.36%	-7.37%	3.59%	1.23%
EBITDA Q/Q Growth	18.82%	-64.55%	105.41%	24.95%	-17.11%	-8.36%	0.75%	8.98%	-23.26%	61.29%	16.58%
EBIT Q/Q Growth	27.73%	-134.38%	338.38%	28.61%	-19.82%	-15.82%	0.21%	13.63%	-29.24%	20.23%	22.70%
NOPAT Q/Q Growth	15.52%	99.77%	452.12%	0.33%	-10.20%	-6.58%	6.92%	10.63%	-30.20%	21.68%	5.92%
Net Income Q/Q Growth	20.68%	-30.23%	14,533.33%	7.33%	-10.25%	-14.36%	1.27%	23.39%	-33.01%	22.92%	-8.40%
EPS Q/Q Growth	21.13%	-30.43%	3,800.00%	6.99%	-9.69%	-14.77%	1.85%	24.05%	-33.82%	23.21%	-7.41%
Operating Cash Flow Q/Q Growth	-8.74%	-53.19%	26.73%	15.43%	-26.60%	41.48%	10.69%	19.78%	-41.48%	115.15%	-17.24%
Free Cash Flow Firm Q/Q Growth	368.06%	334.23%	422.70%	-24.34%	-6.34%	33.11%	-32.05%	3.29%	-102.76%	80.69%	19.41%
Invested Capital Q/Q Growth	-14.26%	-2.84%	-6.13%	3.46%	1.80%	-4.19%	-0.11%	0.94%	14.64%	-4.41%	-6.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.17%	14.26%	19.40%	32.95%	33.83%	22.31%	21.43%	23.01%	20.26%	9.90%	19.04%
EBITDA Margin	12.04%	2.15%	8.91%	21.49%	21.51%	10.83%	9.87%	11.89%	10.46%	-0.58%	13.64%
Operating Margin	8.82%	-0.07%	6.41%	20.55%	19.26%	8.42%	7.43%	9.65%	8.27%	-3.36%	6.51%
EBIT Margin	9.06%	-0.97%	5.94%	19.11%	18.52%	7.65%	5.93%	8.90%	7.55%	-3.76%	9.91%
Profit (Net Income) Margin	6.01%	-12.87%	3.17%	20.50%	12.34%	5.03%	3.90%	5.82%	5.41%	-2.95%	4.57%
Tax Burden Percent	74.20%	563.64%	70.75%	115.96%	69.78%	71.92%	79.88%	73.60%	78.04%	67.35%	57.62%
Interest Burden Percent	89.31%	235.11%	75.46%	92.52%	95.45%	91.40%	82.30%	88.88%	91.90%	116.27%	80.00%
Effective Tax Rate	25.80%	0.00%	29.25%	-15.96%	30.22%	28.08%	20.13%	26.40%	21.96%	0.00%	42.38%
Return on Invested Capital (ROIC)	12.12%	-0.09%	10.14%	58.66%	27.15%	13.00%	12.21%	17.01%	14.36%	-4.20%	6.62%
ROIC Less NNEP Spread (ROIC-NNEP)	-14.07%	-147.24%	-0.07%	13.62%	-44.82%	95.44%	338.76%	121.22%	57.50%	-23.98%	12.59%
Return on Net Nonoperating Assets (RNNOA)	-0.56%	-27.84%	-0.03%	3.03%	-1.43%	-2.48%	-4.29%	-3.46%	-2.93%	-1.36%	3.99%
Return on Equity (ROE)	11.56%	-27.93%	10.11%	61.69%	25.72%	10.52%	7.93%	13.55%	11.44%	-5.56%	10.61%
Cash Return on Invested Capital (CROIC)	20.50%	31.22%	14.48%	28.61%	23.61%	20.59%	7.11%	18.70%	-0.51%	-4.44%	-18.84%
Operating Return on Assets (OROA)	9.21%	-0.91%	6.70%	22.00%	16.54%	6.86%	4.86%	8.52%	7.38%	-3.32%	9.97%
Return on Assets (ROA)	6.10%	-12.07%	3.58%	23.60%	11.01%	4.51%	3.19%	5.58%	5.29%	-2.60%	4.60%
Return on Common Equity (ROCE)	11.56%	-27.93%	10.11%	61.69%	25.72%	10.52%	7.93%	13.55%	11.44%	-5.56%	10.61%
Return on Equity Simple (ROE_SIMPLE)	12.70%	-37.58%	10.96%	47.00%	24.41%	10.67%	8.02%	12.97%	10.92%	-6.07%	10.55%
Net Operating Profit after Tax (NOPAT)	108	-0.70	62	412	223	105	97	138	125	-39	71
NOPAT Margin	6.54%	-0.05%	4.53%	23.83%	13.44%	6.06%	5.93%	7.10%	6.45%	-2.35%	3.75%
Net Nonoperating Expense Percent (NNEP)	26.19%	147.15%	10.21%	45.04%	71.97%	-82.44%	-326.55%	-104.21%	-43.13%	19.78%	-5.98%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	9.01%	-3.14%	5.35%
Cost of Revenue to Revenue	78.83%	85.74%	80.60%	67.05%	66.17%	77.69%	78.57%	76.99%	79.74%	90.11%	80.96%
SG&A Expenses to Revenue	12.25%	14.21%	13.28%	12.41%	14.61%	14.05%	14.18%	13.61%	12.77%	13.54%	12.74%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.35%	14.33%	13.00%	12.40%	14.57%	13.85%	14.00%	13.36%	11.99%	13.26%	12.53%
Earnings before Interest and Taxes (EBIT)	150	-13	81	330	308	133	97	173	146	-63	187
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	199	29	122	372	358	187	162	231	202	-9.60	257
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	0.87	2.32	2.71	1.13	1.43	1.73	1.67	1.00	1.35	1.37
Price to Tangible Book Value (P/TBV)	1.11	0.87	2.32	2.71	1.13	1.43	1.73	1.67	1.00	1.35	1.38
Price to Revenue (P/Rev)	0.52	0.30	0.67	1.18	0.57	0.67	0.84	0.75	0.50	0.66	0.59
Price to Earnings (P/E)	8.71	0.00	21.19	5.77	4.63	13.37	21.54	12.89	9.14	0.00	13.01
Dividend Yield	8.05%	17.34%	7.58%	3.40%	8.31%	7.15%	6.04%	5.72%	9.18%	7.99%	4.92%
Earnings Yield	11.48%	0.00%	4.72%	17.33%	21.61%	7.48%	4.64%	7.76%	10.94%	0.00%	7.69%
Enterprise Value to Invested Capital (EV/IC)	1.10	0.90	1.88	2.60	1.13	1.45	1.72	1.73	1.00	1.31	1.26
Enterprise Value to Revenue (EV/Rev)	0.57	0.42	0.82	1.21	0.57	0.65	0.85	0.72	0.48	0.74	0.80
Enterprise Value to EBITDA (EV/EBITDA)	4.71	19.39	9.21	5.65	2.65	6.00	8.66	6.04	4.63	0.00	5.89
Enterprise Value to EBIT (EV/EBIT)	6.26	0.00	13.80	6.35	3.07	8.49	14.41	8.07	6.42	0.00	8.10
Enterprise Value to NOPAT (EV/NOPAT)	8.67	0.00	18.10	5.09	4.24	10.72	14.41	10.11	7.51	0.00	21.40
Enterprise Value to Operating Cash Flow (EV/OCF)	10.69	10.79	12.49	7.60	5.02	7.01	13.67	6.74	11.44	222.70	20.90
Enterprise Value to Free Cash Flow (EV/FCFF)	5.13	2.44	12.67	10.45	4.87	6.77	24.75	9.20	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.44	0.74	0.86	0.63	0.54	0.55	0.61	0.52	0.44	0.55	0.62
Long-Term Debt to Equity	0.43	0.73	0.85	0.63	0.54	0.54	0.61	0.52	0.44	0.55	0.53
Financial Leverage	0.04	0.19	0.42	0.22	0.03	-0.03	-0.01	-0.03	-0.05	0.06	0.32
Leverage Ratio	1.90	2.31	2.83	2.61	2.34	2.33	2.48	2.43	2.16	2.14	2.31
Compound Leverage Factor	1.69	5.44	2.13	2.42	2.23	2.13	2.04	2.16	1.99	2.48	1.85
Debt to Total Capital	30.55%	42.47%	46.19%	38.61%	35.22%	35.31%	37.96%	34.15%	30.76%	35.29%	38.31%
Short-Term Debt to Total Capital	0.35%	0.47%	0.49%	0.06%	0.12%	0.12%	0.05%	0.11%	0.08%	0.00%	5.91%
Long-Term Debt to Total Capital	30.20%	42.00%	45.69%	38.56%	35.10%	35.19%	37.91%	34.04%	30.68%	35.29%	32.40%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	69.45%	57.53%	53.81%	61.39%	64.78%	64.69%	62.04%	65.85%	69.24%	64.71%	61.69%
Debt to EBITDA	1.73	11.76	2.79	1.28	1.28	2.38	3.01	1.96	2.11	-45.93	1.97
Net Debt to EBITDA	0.37	5.57	1.66	0.14	-0.01	-0.22	0.15	-0.27	-0.10	-13.63	1.53
Long-Term Debt to EBITDA	1.71	11.63	2.76	1.28	1.27	2.37	3.01	1.95	2.10	-45.93	1.67
Debt to NOPAT	3.18	-487.14	5.48	1.15	2.05	4.25	5.01	3.28	3.41	-11.25	7.17
Net Debt to NOPAT	0.68	-230.57	3.26	0.13	-0.01	-0.38	0.25	-0.46	-0.17	-3.34	5.56
Long-Term Debt to NOPAT	3.14	-481.71	5.42	1.15	2.04	4.23	5.01	3.27	3.40	-11.25	6.06
Altman Z-Score	2.15	1.26	1.91	3.03	2.46	2.20	2.09	2.50	2.32	1.73	2.16
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.76	3.52	3.57	4.59	5.15	4.51	4.68	4.36	3.80	3.01	2.32
Quick Ratio	1.90	1.55	1.62	2.89	2.94	2.59	2.61	2.72	1.78	1.37	0.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	183	231	88	201	194	166	57	151	-4.44	-41	-202
Operating Cash Flow to CapEx	143.30%	110.62%	169.06%	429.39%	334.81%	290.93%	163.22%	352.39%	129.27%	11.60%	245.76%
Free Cash Flow to Firm to Interest Expense	10.76	12.47	4.31	7.70	9.96	8.88	2.98	7.72	-0.26	-2.42	-4.70
Operating Cash Flow to Interest Expense	5.16	2.82	4.37	10.58	9.67	8.57	5.39	10.54	4.83	0.32	1.69
Operating Cash Flow Less CapEx to Interest Expense	1.56	0.27	1.79	8.11	6.78	5.63	2.09	7.55	1.09	-2.45	1.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.02	0.94	1.13	1.15	0.89	0.90	0.82	0.96	0.98	0.88	1.01
Accounts Receivable Turnover	5.89	5.41	5.86	5.85	5.04	5.57	5.18	5.52	6.09	5.87	6.25
Inventory Turnover	3.10	2.85	3.01	3.19	2.50	2.69	2.52	3.14	2.96	2.56	2.50
Fixed Asset Turnover	3.25	2.97	3.16	3.68	3.35	3.54	3.23	3.77	3.91	3.45	3.21
Accounts Payable Turnover	5.85	6.16	6.63	6.66	5.71	6.20	5.68	6.32	5.63	4.90	4.48
Days Sales Outstanding (DSO)	61.95	67.52	62.26	62.39	72.37	65.56	70.43	66.07	59.96	62.16	58.42
Days Inventory Outstanding (DIO)	117.75	127.95	121.27	114.26	146.07	135.82	144.85	116.27	123.44	142.60	145.89
Days Payable Outstanding (DPO)	62.35	59.22	55.02	54.85	63.96	58.83	64.29	57.79	64.78	74.56	81.51
Cash Conversion Cycle (CCC)	117.35	136.24	128.51	121.80	154.48	142.56	150.99	124.55	118.62	130.19	122.80
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	855	623	597	808	837	776	816	803	932	934	1,206
Invested Capital Turnover	1.85	1.83	2.24	2.46	2.02	2.15	2.06	2.40	2.23	1.79	1.76
Increase / (Decrease) in Invested Capital	-75	-231	-27	211	29	-61	41	-14	129	2.20	272
Enterprise Value (EV)	938	562	1,119	2,099	946	1,124	1,401	1,393	935	1,225	1,516
Market Capitalization	864	401	918	2,046	949	1,165	1,376	1,456	956	1,094	1,122
Book Value per Share	$6.74	$3.99	$3.41	$6.51	$7.25	$7.06	$6.89	$7.53	$8.29	$7.03	$7.10
Tangible Book Value per Share	$6.74	$3.99	$3.41	$6.51	$7.25	$7.06	$6.89	$7.53	$8.29	$7.03	$7.08
Total Capital	1,125	803	734	1,229	1,296	1,262	1,284	1,321	1,382	1,249	1,324
Total Debt	344	341	339	475	457	446	487	451	425	441	507
Total Long-Term Debt	340	337	335	474	455	444	487	450	424	441	429
Net Debt	74	161	202	54	-2.80	-40	25	-63	-21	131	394
Capital Expenditures (CapEx)	61	47	53	64	56	55	63	59	63	47	30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	480	419	420	508	595	558	602	563	587	550	597
Debt-free Net Working Capital (DFNWC)	650	513	472	832	970	951	959	971	917	747	707
Net Working Capital (NWC)	646	509	468	831	968	949	958	969	916	747	629
Net Nonoperating Expense (NNE)	8.90	173	19	58	18	18	33	25	20	9.90	-15
Net Nonoperating Obligations (NNO)	74	161	202	54	-2.80	-40	20	-68	-26	126	389
Total Depreciation and Amortization (D&A)	49	42	41	41	50	55	65	58	56	53	70
Debt-free, Cash-free Net Working Capital to Revenue	29.04%	31.04%	30.76%	29.38%	35.79%	32.25%	36.70%	29.00%	30.40%	32.99%	31.64%
Debt-free Net Working Capital to Revenue	39.32%	38.03%	34.59%	48.10%	58.34%	54.91%	58.51%	50.05%	47.49%	44.80%	37.46%
Net Working Capital to Revenue	39.09%	37.74%	34.33%	48.06%	58.25%	54.83%	58.46%	49.97%	47.43%	44.80%	33.32%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.86	($1.50)	$0.37	$3.06	$1.77	$0.75	$0.55	$0.98	$0.90	($0.43)	$0.75
Adjusted Weighted Average Basic Shares Outstanding	115.87M	115.88M	115.89M	115.90M	115.91M	115.65M	115.54M	115.50M	115.50M	115.10M	115M
Adjusted Diluted Earnings per Share	$0.86	($1.50)	$0.37	$3.06	$1.77	$0.75	$0.55	$0.98	$0.90	($0.43)	$0.75
Adjusted Weighted Average Diluted Shares Outstanding	115.87M	115.88M	115.89M	115.90M	115.91M	115.65M	115.54M	115.50M	115.50M	115.10M	115M
Adjusted Basic & Diluted Earnings per Share	$0.86	($1.50)	$0.37	$3.06	$1.77	$0.75	$0.55	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	115.90M	115.90M	115.90M	115.90M	115.90M	115.80M	115.60M	115.48M	115.31M	115.03M	115.04M
Normalized Net Operating Profit after Tax (NOPAT)	109	-0.14	62	249	223	103	96	138	125	-39	71
Normalized NOPAT Margin	6.58%	-0.01%	4.55%	14.40%	13.44%	5.95%	5.86%	7.10%	6.45%	-2.35%	3.75%
Pre Tax Income Margin	8.09%	-2.28%	4.49%	17.68%	17.68%	7.00%	4.88%	7.91%	6.94%	-4.37%	7.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.81	-0.71	3.96	12.66	15.78	7.09	5.12	8.81	8.62	-3.67	4.36
NOPAT to Interest Expense	6.36	-0.04	3.02	15.79	11.45	5.61	5.12	7.03	7.37	-2.29	1.65
EBIT Less CapEx to Interest Expense	5.21	-3.25	1.37	10.20	12.90	4.14	1.81	5.82	4.88	-6.44	3.67
NOPAT Less CapEx to Interest Expense	2.76	-2.58	0.43	13.32	8.56	2.66	1.81	4.04	3.63	-5.06	0.96
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	70.06%	-40.03%	160.51%	19.61%	38.44%	95.75%	130.20%	73.69%	84.02%	-178.21%	64.04%
Augmented Payout Ratio	70.06%	-40.03%	160.51%	19.61%	38.44%	99.20%	131.77%	73.87%	86.22%	-184.11%	64.04%

This table displays calculated financial ratios and metrics derived from Kronos Worldwide's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-8.04%	-30.97%	-24.27%	-21.60%	-13.64%	16.85%	12.32%	12.93%	22.12%	5.75%
EBITDA Growth	-45.45%	-119.77%	-106.24%	-95.80%	-131.03%	150.50%	633.90%	1,569.70%	1,166.94%	717.65%
EBIT Growth	-56.29%	-165.84%	-124.81%	-114.75%	-201.20%	66.53%	197.99%	475.79%	515.81%	432.50%
NOPAT Growth	-32.06%	-140.46%	-119.91%	-109.51%	-160.79%	73.11%	206.29%	633.09%	266.89%	-510.43%
Net Income Growth	-41.67%	-162.97%	-126.43%	-117.86%	-197.14%	73.37%	153.29%	337.80%	451.96%	-149.06%
EPS Growth	-41.94%	-164.29%	-126.00%	-117.50%	-200.00%	72.22%	153.85%	342.86%	444.44%	-120.00%
Operating Cash Flow Growth	-79.54%	-71.93%	-490.32%	-51.10%	80.61%	184.96%	60.56%	15.06%	59.89%	-23.45%
Free Cash Flow Firm Growth	-82.10%	-385.52%	-230.36%	-817.00%	-1,664.31%	95.70%	158.30%	144.06%	-57.93%	-4,694.12%
Invested Capital Growth	2.20%	16.07%	17.21%	21.62%	20.22%	0.24%	-7.97%	-5.56%	32.45%	29.17%
Revenue Q/Q Growth	-18.70%	-25.50%	24.50%	3.96%	-10.45%	0.81%	19.67%	4.53%	-3.16%	-12.71%
EBITDA Q/Q Growth	-50.32%	-125.90%	41.58%	155.93%	-466.67%	142.15%	416.39%	74.92%	134.30%	-67.70%
EBIT Q/Q Growth	-61.18%	-195.60%	16.74%	52.26%	-166.32%	68.38%	378.57%	83.08%	194.68%	-74.71%
NOPAT Q/Q Growth	-40.91%	-150.94%	13.68%	63.39%	-277.61%	77.47%	441.26%	83.62%	18.21%	-182.41%
Net Income Q/Q Growth	-54.25%	-194.76%	23.62%	46.05%	-148.78%	74.02%	252.83%	140.74%	268.21%	-118.38%
EPS Q/Q Growth	-55.00%	-200.00%	27.78%	46.15%	-157.14%	72.22%	240.00%	142.86%	264.71%	-117.74%
Operating Cash Flow Q/Q Growth	-85.57%	130.61%	-585.84%	130.24%	-46.69%	263.84%	-167.24%	188.22%	-25.92%	74.20%
Free Cash Flow Firm Q/Q Growth	-54.73%	-1,336.26%	-15.69%	-10.74%	1.24%	96.60%	1,667.31%	-16.30%	-453.99%	-3.24%
Invested Capital Q/Q Growth	-2.18%	14.64%	12.29%	-3.42%	-3.31%	-4.41%	3.09%	-0.89%	35.61%	-6.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.28%	10.89%	7.23%	9.95%	8.67%	13.90%	14.93%	20.02%	20.88%	20.42%
EBITDA Margin	8.49%	-2.95%	-1.38%	0.74%	-3.05%	1.27%	6.58%	11.01%	26.64%	9.86%
Operating Margin	6.70%	-6.19%	-4.29%	-1.51%	-6.37%	-1.42%	4.07%	7.17%	8.03%	6.76%
EBIT Margin	5.44%	-6.98%	-4.67%	-2.14%	-6.37%	-2.00%	4.07%	7.13%	21.70%	6.29%
Profit (Net Income) Margin	4.57%	-5.81%	-3.57%	-1.85%	-5.14%	-1.32%	1.69%	3.90%	14.81%	-3.12%
Tax Burden Percent	94.59%	80.24%	68.78%	66.67%	70.10%	56.38%	69.83%	69.64%	75.98%	-85.16%
Interest Burden Percent	88.80%	103.77%	111.06%	129.47%	115.02%	117.50%	59.49%	78.43%	89.83%	58.27%
Effective Tax Rate	5.41%	0.00%	0.00%	0.00%	0.00%	0.00%	30.17%	30.36%	24.02%	185.16%
Return on Invested Capital (ROIC)	16.43%	-9.65%	-5.56%	-1.92%	-8.02%	-1.78%	4.87%	9.03%	10.01%	-10.15%
ROIC Less NNEP Spread (ROIC-NNEP)	33.93%	1.23%	-9.79%	-13.41%	-14.96%	-4.40%	1.45%	5.52%	24.32%	-5.82%
Return on Net Nonoperating Assets (RNNOA)	-1.86%	-0.06%	-0.61%	-0.46%	-0.68%	-0.25%	0.28%	1.05%	8.54%	-1.84%
Return on Equity (ROE)	14.58%	-9.71%	-6.17%	-2.38%	-8.70%	-2.03%	5.14%	10.08%	18.55%	-11.99%
Cash Return on Invested Capital (CROIC)	20.02%	-0.51%	-10.70%	-20.68%	-23.95%	-4.44%	7.03%	10.01%	-22.03%	-18.84%
Operating Return on Assets (OROA)	5.74%	-6.83%	-4.33%	-1.91%	-5.61%	-1.77%	3.99%	7.38%	22.25%	6.33%
Return on Assets (ROA)	4.82%	-5.68%	-3.31%	-1.65%	-4.52%	-1.17%	1.66%	4.03%	15.18%	-3.14%
Return on Common Equity (ROCE)	14.58%	-9.71%	-6.17%	-2.38%	-8.70%	-2.03%	5.14%	10.08%	18.55%	-11.99%
Return on Equity Simple (ROE_SIMPLE)	17.75%	0.00%	3.49%	-2.54%	-7.65%	0.00%	-3.33%	0.25%	11.10%	0.00%
Net Operating Profit after Tax (NOPAT)	29	-15	-13	-4.69	-18	-3.99	14	25	30	-24
NOPAT Margin	6.34%	-4.33%	-3.00%	-1.06%	-4.46%	-1.00%	2.84%	5.00%	6.10%	-5.76%
Net Nonoperating Expense Percent (NNEP)	-17.49%	-10.88%	4.23%	11.49%	6.93%	2.62%	3.42%	3.51%	-14.31%	-4.33%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.07%	-	-	-	-0.32%	-	-	-	-1.84%
Cost of Revenue to Revenue	81.72%	89.11%	92.78%	90.05%	91.33%	86.10%	85.07%	79.98%	79.12%	79.58%
SG&A Expenses to Revenue	12.84%	18.34%	12.48%	11.30%	13.50%	17.17%	11.32%	11.57%	12.85%	15.60%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.58%	17.09%	11.52%	11.46%	15.04%	15.32%	10.86%	12.85%	12.85%	13.66%
Earnings before Interest and Taxes (EBIT)	25	-24	-20	-9.50	-25	-8.00	20	36	105	27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	39	-10	-5.90	3.30	-12	5.10	32	55	129	42
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.07	1.00	1.05	1.06	1.01	1.35	1.73	1.86	1.69	1.37
Price to Tangible Book Value (P/TBV)	1.07	1.00	1.05	1.06	1.01	1.35	1.73	1.86	1.70	1.38
Price to Revenue (P/Rev)	0.45	0.50	0.53	0.56	0.52	0.66	0.78	0.81	0.77	0.59
Price to Earnings (P/E)	4.57	9.14	119.84	0.00	0.00	0.00	0.00	759.78	15.22	13.01
Dividend Yield	9.22%	9.18%	9.14%	9.43%	10.43%	7.99%	6.53%	6.06%	4.98%	4.92%
Earnings Yield	21.89%	10.94%	0.83%	0.00%	0.00%	0.00%	0.00%	0.13%	6.57%	7.69%
Enterprise Value to Invested Capital (EV/IC)	1.08	1.00	1.05	1.06	1.01	1.31	1.59	1.71	1.46	1.26
Enterprise Value to Revenue (EV/Rev)	0.42	0.48	0.61	0.64	0.61	0.74	0.89	0.92	1.01	0.80
Enterprise Value to EBITDA (EV/EBITDA)	3.33	4.63	10.81	40.55	0.00	0.00	55.09	20.45	8.53	5.89
Enterprise Value to EBIT (EV/EBIT)	4.26	6.42	24.07	0.00	0.00	0.00	0.00	74.34	12.36	8.10
Enterprise Value to NOPAT (EV/NOPAT)	4.92	7.51	21.99	0.00	0.00	0.00	0.00	38.63	28.18	21.40
Enterprise Value to Operating Cash Flow (EV/OCF)	6.28	11.44	0.00	0.00	0.00	222.70	21.27	21.14	21.50	20.90
Enterprise Value to Free Cash Flow (EV/FCFF)	5.45	0.00	0.00	0.00	0.00	0.00	21.67	16.55	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.45	0.44	0.48	0.49	0.51	0.55	0.55	0.55	0.65	0.62
Long-Term Debt to Equity	0.44	0.44	0.48	0.49	0.51	0.55	0.55	0.55	0.56	0.53
Financial Leverage	-0.05	-0.05	0.06	0.03	0.05	0.06	0.19	0.19	0.35	0.32
Leverage Ratio	2.32	2.16	2.12	2.10	2.14	2.14	2.08	2.08	2.16	2.31
Compound Leverage Factor	2.06	2.24	2.35	2.72	2.46	2.51	1.24	1.63	1.94	1.35
Debt to Total Capital	30.86%	30.76%	32.26%	33.07%	33.68%	35.29%	35.54%	35.36%	39.54%	38.31%
Short-Term Debt to Total Capital	0.10%	0.08%	0.07%	0.05%	0.06%	0.00%	0.00%	0.00%	5.99%	5.91%
Long-Term Debt to Total Capital	30.75%	30.68%	32.19%	33.02%	33.63%	35.29%	35.54%	35.36%	33.56%	32.40%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	69.14%	69.24%	67.74%	66.93%	66.32%	64.71%	64.46%	64.64%	60.46%	61.69%
Debt to EBITDA	1.49	2.11	4.28	16.47	-17.06	-45.93	15.36	5.32	2.51	1.97
Net Debt to EBITDA	-0.23	-0.10	1.37	5.28	-6.00	-13.63	6.96	2.32	2.05	1.53
Long-Term Debt to EBITDA	1.49	2.10	4.27	16.44	-17.04	-45.93	15.36	5.32	2.13	1.67
Debt to NOPAT	2.20	3.41	8.70	-40.18	-8.46	-11.25	-33.51	10.05	8.29	7.17
Net Debt to NOPAT	-0.35	-0.17	2.78	-12.89	-2.97	-3.34	-15.18	4.38	6.75	5.56
Long-Term Debt to NOPAT	2.19	3.40	8.69	-40.11	-8.44	-11.25	-33.51	10.05	7.04	6.06
Altman Z-Score	2.17	2.04	2.03	1.94	1.80	1.83	2.25	2.42	2.23	1.89
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.81	3.80	4.37	4.05	3.90	3.01	3.68	3.61	2.68	2.32
Quick Ratio	2.11	1.78	1.85	1.83	1.78	1.37	1.75	1.85	1.16	0.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	12	-144	-166	-184	-182	-6.19	97	81	-287	-297
Operating Cash Flow to CapEx	70.50%	120.21%	-669.51%	189.71%	215.85%	1,215.09%	-921.28%	1,123.53%	310.99%	400.81%
Free Cash Flow to Firm to Interest Expense	2.77	-36.88	-39.62	-42.86	-34.34	-1.88	10.55	8.29	-24.36	-24.53
Operating Cash Flow to Interest Expense	2.33	5.79	-26.14	7.72	3.34	19.52	-4.71	3.90	2.40	4.07
Operating Cash Flow Less CapEx to Interest Expense	-0.98	0.97	-30.05	3.65	1.79	17.91	-5.22	3.55	1.63	3.06
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.06	0.98	0.93	0.89	0.88	0.88	0.98	1.03	1.02	1.01
Accounts Receivable Turnover	5.62	6.09	4.99	4.69	4.90	5.87	5.28	5.24	5.60	6.25
Inventory Turnover	3.45	2.96	2.82	3.02	2.90	2.56	2.78	3.07	2.94	2.50
Fixed Asset Turnover	4.40	3.91	3.61	3.48	3.49	3.45	3.61	3.81	3.11	3.21
Accounts Payable Turnover	5.66	5.63	5.93	5.67	5.14	4.90	6.02	5.87	5.65	4.48
Days Sales Outstanding (DSO)	64.94	59.96	73.10	77.77	74.56	62.16	69.08	69.72	65.23	58.42
Days Inventory Outstanding (DIO)	105.92	123.44	129.21	120.70	126.00	142.60	131.26	119.04	124.36	145.89
Days Payable Outstanding (DPO)	64.50	64.78	61.53	64.41	71.02	74.56	60.67	62.16	64.55	81.51
Cash Conversion Cycle (CCC)	106.37	118.62	140.78	134.06	129.54	130.19	139.68	126.59	125.05	122.80
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	813	932	1,046	1,010	977	934	963	954	1,294	1,206
Invested Capital Turnover	2.59	2.23	1.85	1.82	1.80	1.79	1.71	1.81	1.64	1.76
Increase / (Decrease) in Invested Capital	18	129	154	180	164	2.20	-83	-56	317	272
Enterprise Value (EV)	877	935	1,098	1,067	987	1,225	1,531	1,628	1,884	1,516
Market Capitalization	939	956	959	928	838	1,094	1,338	1,444	1,432	1,122
Book Value per Share	$7.61	$8.29	$7.91	$7.62	$7.24	$7.03	$6.73	$6.73	$7.37	$7.10
Tangible Book Value per Share	$7.61	$8.29	$7.91	$7.62	$7.24	$7.03	$6.73	$6.73	$7.34	$7.08
Total Capital	1,271	1,382	1,347	1,310	1,256	1,249	1,201	1,198	1,402	1,324
Total Debt	392	425	434	433	423	441	427	424	554	507
Total Long-Term Debt	391	424	434	432	423	441	427	424	470	429
Net Debt	-62	-21	139	139	149	131	193	184	452	394
Capital Expenditures (CapEx)	14	19	16	18	8.20	5.30	4.70	3.40	9.10	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	588	587	697	625	587	550	595	579	656	597
Debt-free Net Working Capital (DFNWC)	928	917	876	796	744	747	717	714	753	707
Net Working Capital (NWC)	927	916	875	795	744	747	717	714	670	629
Net Nonoperating Expense (NNE)	8.14	5.06	2.39	3.51	2.69	1.31	5.52	5.50	-42	-11
Net Nonoperating Obligations (NNO)	-66	-26	134	134	144	126	188	180	447	389
Total Depreciation and Amortization (D&A)	14	14	14	13	13	13	12	19	24	15
Debt-free, Cash-free Net Working Capital to Revenue	28.21%	30.40%	38.85%	37.37%	36.51%	32.99%	34.58%	32.57%	35.16%	31.64%
Debt-free Net Working Capital to Revenue	44.53%	47.49%	48.86%	47.61%	46.26%	44.80%	41.70%	40.20%	40.42%	37.46%
Net Working Capital to Revenue	44.47%	47.43%	48.81%	47.57%	46.21%	44.80%	41.70%	40.20%	35.92%	33.32%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.18	($0.18)	($0.13)	($0.07)	($0.18)	($0.05)	$0.07	$0.17	$0.62	($0.11)
Adjusted Weighted Average Basic Shares Outstanding	115.50M	115.50M	115.30M	115.10M	115M	115.10M	115M	115M	115M	115M
Adjusted Diluted Earnings per Share	$0.18	($0.18)	($0.13)	($0.07)	($0.18)	($0.05)	$0.07	$0.17	$0.62	($0.11)
Adjusted Weighted Average Diluted Shares Outstanding	115.50M	115.50M	115.30M	115.10M	115M	115.10M	115M	115M	115M	115M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	115.47M	115.31M	115.06M	115.03M	115.03M	115.03M	115.03M	115.04M	115.04M	115.04M
Normalized Net Operating Profit after Tax (NOPAT)	29	-15	-13	-4.69	-18	-3.99	14	25	30	20
Normalized NOPAT Margin	6.34%	-4.33%	-3.00%	-1.06%	-4.46%	-1.00%	2.84%	5.00%	6.10%	4.73%
Pre Tax Income Margin	4.83%	-7.24%	-5.18%	-2.78%	-7.33%	-2.35%	2.42%	5.59%	19.50%	3.66%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.95	-6.13	-4.74	-2.21	-4.77	-2.42	2.12	3.64	8.92	2.20
NOPAT to Interest Expense	6.94	-3.81	-3.05	-1.09	-3.34	-1.21	1.48	2.55	2.50	-2.01
EBIT Less CapEx to Interest Expense	2.64	-10.95	-8.64	-6.28	-6.32	-4.03	1.61	3.30	8.14	1.18
NOPAT Less CapEx to Interest Expense	3.63	-8.63	-6.95	-5.16	-4.89	-2.82	0.97	2.20	1.73	-3.03
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	55.51%	84.02%	276.10%	-393.27%	-137.52%	-178.21%	-339.15%	4,600.00%	75.88%	64.04%
Augmented Payout Ratio	56.35%	86.22%	284.28%	-411.66%	-143.96%	-184.11%	-344.96%	4,600.00%	75.88%	64.04%

Frequently Asked Questions About Kronos Worldwide's Financials

When does Kronos Worldwide's fiscal year end?

According to the most recent income statement we have on file, Kronos Worldwide's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Kronos Worldwide's net income changed over the last 10 years?

The last 5 years of Kronos Worldwide's net income performance:

2020: $63.90 million
2021: $112.90 million
2022: $104.50 million
2023: -$49.10 million
2024: $86.20 million

Find out what analysts predict for Kronos Worldwide in the coming months.

What is Kronos Worldwide's operating income?

Kronos Worldwide's total operating income in 2024 was $122.90 million, based on the following breakdown:

Total Gross Profit: $359.30 million
Total Operating Expenses: $236.40 million

How has Kronos Worldwide revenue changed over the last 10 years?

Over the last 10 years, Kronos Worldwide's total revenue changed from $1.65 billion in 2014 to $1.89 billion in 2024, a change of 14.2%.

How much debt does Kronos Worldwide have?

Kronos Worldwide's total liabilities were at $1.10 billion at the end of 2024, a 6.5% increase from 2023, and a 28.7% increase since 2014.

How much cash does Kronos Worldwide have?

In the past 10 years, Kronos Worldwide's cash and equivalents has ranged from $50.70 million in 2016 to $406 million in 2021, and is currently $106.70 million as of their latest financial filing in 2024.

How has Kronos Worldwide's book value per share changed over the last 10 years?

Over the last 10 years, Kronos Worldwide's book value per share changed from 6.74 in 2014 to 7.10 in 2024, a change of 5.4%.

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This page (NYSE:KRO) was last updated on 5/4/2025 by MarketBeat.com Staff

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Kronos Worldwide (KRO) Financials

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