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Kronos Worldwide (KRO) Financials

Kronos Worldwide logo
$7.08 -0.29 (-3.87%)
As of 11:09 AM Eastern
This is a fair market value price provided by Massive. Learn more.
Annual Income Statements for Kronos Worldwide

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-174 43 355 205 87 64 113 105 -49 86 -111
Consolidated Net Income / (Loss)
-174 43 355 205 87 64 113 105 -49 86 -111
Net Income / (Loss) Continuing Operations
-174 43 355 205 87 64 113 105 -49 86 -111
Total Pre-Tax Income
-31 61 306 294 121 80 153 134 -73 150 -97
Total Operating Income
-1.00 87 355 320 146 122 187 160 -56 123 -37
Total Gross Profit
192 265 570 562 386 351 446 391 165 359 213
Total Revenue
1,349 1,364 1,729 1,662 1,731 1,639 1,939 1,930 1,667 1,887 1,859
Operating Revenue
1,349 1,364 1,729 1,662 1,731 1,639 1,939 1,930 1,667 1,887 1,859
Total Cost of Revenue
1,157 1,100 1,159 1,100 1,345 1,288 1,493 1,539 1,502 1,528 1,646
Operating Cost of Revenue
1,157 1,100 1,159 1,100 1,345 1,288 1,493 1,539 1,502 1,528 1,646
Total Operating Expenses
193 177 214 242 240 230 259 232 221 236 250
Selling, General & Admin Expense
192 181 215 243 243 232 264 246 226 240 259
Other Operating Expenses / (Income)
0.90 -4.20 -0.50 -0.80 -0.90 -1.40 -4.80 -15 -4.70 -4.00 -9.10
Total Other Income / (Expense), net
-30 -26 -50 -26 -25 -42 -34 -26 -17 27 -61
Interest Expense
19 21 26 20 19 19 20 17 17 43 53
Interest & Investment Income
0.80 0.60 1.40 5.50 6.70 1.80 0.40 5.10 6.90 5.50 1.20
Other Income / (Expense), net
-12 -6.30 -25 -12 -13 -25 -15 -14 -6.70 64 -9.10
Income Tax Expense
143 18 -49 89 34 16 41 29 -24 63 14
Basic Earnings per Share
($1.50) $0.37 $3.06 $1.77 $0.75 $0.55 $0.98 $0.90 ($0.43) $0.75 ($0.96)
Weighted Average Basic Shares Outstanding
115.90M 115.90M 115.90M 115.90M 115.80M 115.60M 115.50M 115.50M 115.10M 115M 115M
Diluted Earnings per Share
($1.50) $0.37 $3.06 $1.77 $0.75 $0.55 $0.98 $0.90 ($0.43) $0.75 ($0.96)
Weighted Average Diluted Shares Outstanding
115.90M 115.90M 115.90M 115.90M 115.80M 115.60M 115.50M 115.50M 115.10M 115M 115M
Weighted Average Basic & Diluted Shares Outstanding
115.90M 115.90M 115.90M 115.90M 115.80M 115.60M 115.48M 115.31M 115.03M 115.04M 115.05M
Cash Dividends to Common per Share
$0.60 $0.60 $0.60 $0.68 $0.72 $0.72 $0.72 $0.76 $0.76 $0.48 $0.20

Quarterly Income Statements for Kronos Worldwide

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 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
-20 -5.30 8.10 20 72 -13 18 -9.20 -37 -83 -4.80
Consolidated Net Income / (Loss)
-20 -5.30 8.10 20 72 -13 18 -9.20 -37 -83 -4.80
Net Income / (Loss) Continuing Operations
-20 -5.30 8.10 20 72 -13 18 -9.20 -37 -83 -4.80
Total Pre-Tax Income
-29 -9.40 12 28 95 16 26 -5.70 -29 -88 -2.00
Total Operating Income
-25 -5.70 20 36 39 29 38 7.40 -19 -63 13
Total Gross Profit
34 56 72 100 101 86 107 63 47 -3.60 83
Total Revenue
397 400 479 501 485 423 490 494 457 418 510
Operating Revenue
397 400 479 501 485 423 490 494 457 418 510
Total Cost of Revenue
363 345 407 400 384 337 383 432 410 422 427
Operating Cost of Revenue
363 345 407 400 384 337 383 432 410 422 427
Total Operating Expenses
60 61 52 64 62 58 68 55 66 60 71
Selling, General & Admin Expense
54 69 54 58 62 66 62 62 62 73 64
Other Operating Expenses / (Income)
6.10 -7.40 -2.20 6.40 0.00 -8.20 6.80 -6.70 4.60 -14 7.10
Total Other Income / (Expense), net
-3.80 -3.70 -7.90 -7.90 56 -13 -13 -13 -9.90 -25 -15
Interest Expense
5.30 3.30 9.20 9.80 12 12 12 13 14 15 14
Interest & Investment Income
1.50 1.90 1.30 2.10 1.10 1.00 0.40 0.30 0.20 0.30 0.20
Other Income / (Expense), net
0.00 -2.30 0.00 -0.20 66 -2.00 -1.50 -0.60 4.00 -11 -0.50
Income Tax Expense
-8.70 -4.10 3.50 8.50 23 29 7.60 3.50 7.90 -5.50 2.80
Basic Earnings per Share
($0.18) ($0.05) $0.07 $0.17 $0.62 ($0.11) $0.16 ($0.08) ($0.32) ($0.72) ($0.04)
Weighted Average Basic Shares Outstanding
115M 115.10M 115M 115M 115M 115M 115M 115M 115M 115M 115M
Diluted Earnings per Share
($0.18) ($0.05) $0.07 $0.17 $0.62 ($0.11) $0.16 ($0.08) ($0.32) ($0.72) ($0.04)
Weighted Average Diluted Shares Outstanding
115M 115.10M 115M 115M 115M 115M 115M 115M 115M 115M 115M
Weighted Average Basic & Diluted Shares Outstanding
115.03M 115.03M 115.03M 115.04M 115.04M 115.04M 115.04M 115.05M 115.05M 115.05M 115.05M
Cash Dividends to Common per Share
$0.19 - $0.19 $0.19 $0.05 - $0.05 $0.05 $0.05 - $0.05

Annual Cash Flow Statements for Kronos Worldwide

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
Net Change in Cash & Equivalents
-67 -37 257 51 18 -44 51 -78 -133 -87 -72
Net Cash From Operating Activities
52 90 276 189 160 103 207 82 5.50 73 2.50
Net Cash From Continuing Operating Activities
52 90 276 189 160 103 207 82 5.50 73 2.50
Net Income / (Loss) Continuing Operations
-174 43 355 205 87 64 113 105 -49 86 -111
Consolidated Net Income / (Loss)
-174 43 355 205 87 64 113 105 -49 86 -111
Depreciation Expense
42 41 41 50 48 58 51 52 49 60 61
Amortization Expense
- - - 0.00 6.80 6.50 6.60 4.50 4.50 10 8.70
Non-Cash Adjustments To Reconcile Net Income
49 6.60 54 38 3.70 0.60 -12 11 -21 -80 -34
Changes in Operating Assets and Liabilities, net
135 -0.80 -173 -104 15 -27 48 -90 23 -4.30 78
Net Cash From Investing Activities
-47 -53 -78 -43 -53 -61 -59 -63 -47 -186 -43
Net Cash From Continuing Investing Activities
-47 -53 -78 -43 -53 -61 -59 -63 -47 -186 -43
Purchase of Property, Plant & Equipment
-47 -53 -64 -56 -55 -63 -59 -63 -47 -30 -43
Acquisitions
- - - - - - - 0.00 0.00 -157 0.00
Net Cash From Financing Activities
-72 -73 59 -80 -88 -85 -87 -92 -92 27 -36
Net Cash From Continuing Financing Activities
-72 -73 59 -80 -88 -85 -87 -92 -92 27 -36
Repayment of Debt
-3.90 -270 -603 -1.60 -1.50 -1.10 -3.30 -1.40 -1.20 -211 -740
Repurchase of Common Equity
- - - 0.00 -3.00 -1.00 -0.20 -2.30 -2.90 0.00 0.00
Payment of Dividends
-70 -70 -70 -79 -83 -83 -83 -88 -88 -55 -23
Issuance of Debt
1.30 266 732 - - - - 0.00 0.00 293 727
Effect of Exchange Rate Changes
- - - -14 -2.30 - -11 -5.10 1.00 -0.10 4.50
Cash Interest Paid
17 18 15 19 17 18 18 16 16 38 47
Cash Income Taxes Paid
1.40 6.60 37 68 36 15 42 37 17 35 45

Quarterly Cash Flow Statements for Kronos Worldwide

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 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-14 40 -75 13 -37 12 -87 -0.90 8.70 6.10 1.30
Net Cash From Operating Activities
18 64 -43 38 28 49 -102 21 -7.90 92 -51
Net Cash From Continuing Operating Activities
18 64 -43 38 28 49 -103 21 -7.90 92 -51
Net Income / (Loss) Continuing Operations
-20 -5.30 8.10 20 72 -13 18 -9.20 -37 -83 -4.80
Consolidated Net Income / (Loss)
-20 -5.30 8.10 20 72 -13 18 -9.20 -37 -83 -4.80
Depreciation Expense
12 12 11 18 17 14 14 15 16 16 15
Amortization Expense
1.10 1.10 1.10 1.00 6.90 1.00 - 1.00 5.60 1.10 1.20
Non-Cash Adjustments To Reconcile Net Income
14 -12 17 -8.50 -102 14 2.30 -42 1.70 4.00 6.50
Changes in Operating Assets and Liabilities, net
11 69 -80 7.80 35 33 -138 55 6.20 154 -70
Net Cash From Investing Activities
-8.20 -5.30 -4.70 -3.40 -166 -12 -12 -11 -9.50 -10 -10
Net Cash From Continuing Investing Activities
-8.20 -5.30 -4.70 -3.40 -166 -12 -3.20 -11 -9.50 -10 0.00
Net Cash From Financing Activities
-22 -23 -26 -23 96 -21 27 -13 26 -76 53
Net Cash From Continuing Financing Activities
-22 -23 -26 -23 96 -21 27 -13 26 -76 53
Repayment of Debt
-0.10 -0.70 -58 -0.90 -127 -25 -112 -169 -234 -225 -99
Payment of Dividends
-22 -22 -22 -22 -5.80 -5.70 -5.80 -5.70 -5.80 -5.70 -5.80
Issuance of Debt
- - 54 - 229 10 145 161 266 154 158
Other Net Changes in Cash
- - -1.10 - - - 1.20 - - - -0.50
Cash Interest Paid
8.10 - 7.20 0.20 24 6.40 20 2.80 22 2.80 26
Cash Income Taxes Paid
-1.30 2.10 0.90 32 4.00 -1.90 2.20 48 -4.80 -0.40 1.10

Annual Balance Sheets for Kronos Worldwide

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
Total Assets
1,243 1,180 1,824 1,898 1,966 2,037 2,013 1,934 1,838 1,914 1,817
Total Current Assets
711 650 1,063 1,201 1,220 1,218 1,258 1,242 1,117 1,105 995
Cash & Equivalents
93 51 322 373 391 355 406 328 195 107 33
Restricted Cash
1.80 1.60 1.70 1.40 1.50 2.00 2.10 2.00 2.20 3.30 3.80
Accounts Receivable
221 245 347 313 309 323 379 255 313 292 288
Inventories, net
387 344 382 498 503 519 432 609 565 657 629
Prepaid Expenses
8.50 10 10 16 15 19 39 49 43 47 41
Plant, Property, & Equipment, net
430 434 506 486 491 525 503 485 483 694 724
Plant, Property & Equipment, gross
1,309 1,327 1,535 1,507 1,536 1,636 1,591 1,546 1,607 1,792 1,997
Accumulated Depreciation
879 893 1,029 1,021 1,045 1,111 1,087 1,061 1,124 1,097 1,273
Total Noncurrent Assets
102 95 256 210 256 294 251 208 238 114 98
Long-Term Investments
85 85 97 85 94 106 106 116 113 3.40 1.80
Goodwill
- - - - - - - - 0.00 2.60 2.60
Noncurrent Deferred & Refundable Income Taxes
14 8.10 139 122 128 151 107 52 83 55 36
Other Noncurrent Operating Assets
3.10 2.20 19 3.60 34 33 34 35 36 48 52
Other Noncurrent Nonoperating Assets
- - - - 0.00 4.70 4.50 4.80 5.20 4.70 5.50
Total Liabilities & Shareholders' Equity
1,243 1,180 1,824 1,898 1,966 2,037 2,013 1,934 1,838 1,914 1,817
Total Liabilities
781 785 1,070 1,058 1,150 1,240 1,143 977 1,030 1,097 1,066
Total Current Liabilities
202 182 232 233 271 260 289 327 371 477 369
Accounts Payable
173 159 190 196 238 216 257 289 324 358 354
Current Deferred & Payable Income Tax Liabilities
5.70 5.00 25 9.00 10 16 12 13 15 22 14
Total Noncurrent Liabilities
579 603 839 825 879 980 854 651 659 620 697
Long-Term Debt
337 335 474 455 444 487 450 424 441 429 557
Noncurrent Deferred & Payable Income Tax Liabilities
8.10 11 11 22 21 25 28 26 9.00 25 15
Noncurrent Employee Benefit Liabilities
209 234 254 263 307 373 287 129 150 118 81
Other Noncurrent Operating Liabilities
24 22 99 85 107 96 89 38 40 49 43
Total Equity & Noncontrolling Interests
462 395 754 840 816 797 870 957 808 817 751
Total Preferred & Common Equity
462 395 754 840 816 797 870 957 808 817 751
Total Common Equity
462 395 754 840 816 797 870 957 808 817 751
Common Stock
1,400 1,400 1,400 1,400 1,397 1,397 1,397 1,396 1,391 1,392 1,392
Retained Earnings
-526 -552 -267 -136 -133 -152 -122 -105 -242 -211 -345
Accumulated Other Comprehensive Income / (Loss)
-412 -453 -379 -424 -449 -448 -404 -332 -341 -364 -296

Quarterly Balance Sheets for Kronos Worldwide

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 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
1,943 1,832 1,779 1,716 1,679 1,657 1,922 1,946 1,940 1,910 1,798
Total Current Assets
1,257 1,135 1,056 1,000 985 987 1,068 1,126 1,088 1,070 989
Cash & Equivalents
339 178 169 155 121 134 95 21 19 28 26
Restricted Cash
1.50 1.60 1.70 1.60 1.60 1.70 3.10 3.20 3.40 3.30 2.50
Accounts Receivable
358 302 308 300 349 371 367 355 347 334 374
Inventories, net
512 613 541 498 476 447 549 700 684 659 549
Prepaid Expenses
48 41 36 45 38 34 55 47 35 46 37
Plant, Property, & Equipment, net
445 490 489 477 462 444 721 705 731 726 713
Plant, Property & Equipment, gross
1,428 1,569 1,573 1,554 1,563 1,557 1,888 1,855 1,973 1,983 1,980
Accumulated Depreciation
983 1,079 1,084 1,077 1,101 1,112 1,167 1,149 1,242 1,257 1,267
Total Noncurrent Assets
241 207 234 240 233 225 133 115 122 114 97
Long-Term Investments
114 116 123 118 111 104 4.80 2.40 2.40 2.30 2.10
Goodwill
- - - - - - 2.60 2.60 2.60 2.60 2.60
Noncurrent Deferred & Refundable Income Taxes
91 51 71 82 82 80 70 54 59 51 33
Other Noncurrent Operating Assets
32 35 34 35 35 37 50 51 52 53 54
Other Noncurrent Nonoperating Assets
4.40 4.80 5.00 4.90 5.00 4.80 5.00 4.90 5.40 5.40 5.40
Total Liabilities & Shareholders' Equity
1,943 1,832 1,779 1,716 1,679 1,657 1,922 1,946 1,940 1,910 1,798
Total Liabilities
1,064 919 902 883 905 882 1,074 1,099 1,094 1,105 1,053
Total Current Liabilities
330 260 261 256 268 273 398 430 390 279 311
Accounts Payable
323 252 253 246 251 263 297 323 293 274 297
Current Deferred & Payable Income Tax Liabilities
6.30 7.00 6.80 9.10 17 10 18 26 9.40 5.20 14
Total Noncurrent Liabilities
734 660 642 627 637 609 676 669 703 826 742
Long-Term Debt
391 434 432 423 427 424 470 476 501 626 603
Noncurrent Deferred & Payable Income Tax Liabilities
23 25 26 26 8.70 5.90 11 24 23 28 15
Noncurrent Employee Benefit Liabilities
246 129 127 122 144 140 144 119 127 125 76
Other Noncurrent Operating Liabilities
74 72 57 56 39 40 51 50 52 47 48
Total Equity & Noncontrolling Interests
879 912 877 833 774 775 847 847 847 805 745
Total Preferred & Common Equity
879 912 877 833 774 775 847 847 847 805 745
Total Common Equity
879 912 877 833 774 775 847 847 847 805 745
Common Stock
1,395 1,394 1,391 1,391 1,391 1,392 1,392 1,392 1,392 1,392 1,392
Retained Earnings
-64 -143 -173 -215 -256 -258 -192 -199 -214 -256 -356
Accumulated Other Comprehensive Income / (Loss)
-453 -338 -342 -343 -361 -359 -352 -346 -331 -331 -291

Annual Metrics And Ratios for Kronos Worldwide

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

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 115,053,116.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 115,053,116.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - -0.96
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
-0.70 62 412 223 105 97 138 125 -39 71 -26
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 9.01% -3.14% 5.35% -1.95%
Earnings before Interest and Taxes (EBIT)
-13 81 330 308 133 97 173 146 -63 187 -46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
29 122 372 358 187 162 231 202 -9.60 257 24
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
231 88 201 194 166 57 151 -4.44 -41 -202 -83
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
623 597 808 837 776 816 803 932 934 1,206 1,264
Increase / (Decrease) in Invested Capital
-231 -27 211 29 -61 41 -14 129 2.20 272 58
Book Value per Share
$3.99 $3.41 $6.51 $7.25 $7.06 $6.89 $7.53 $8.29 $7.03 $7.10 $6.53
Tangible Book Value per Share
$3.99 $3.41 $6.51 $7.25 $7.06 $6.89 $7.53 $8.29 $7.03 $7.08 $6.51
Total Capital
803 734 1,229 1,296 1,262 1,284 1,321 1,382 1,249 1,324 1,309
Total Debt
341 339 475 457 446 487 451 425 441 507 557
Total Long-Term Debt
337 335 474 455 444 487 450 424 441 429 557
Net Debt
161 202 54 -2.80 -40 25 -63 -21 131 394 519
Capital Expenditures (CapEx)
47 53 64 56 55 63 59 63 47 30 43
Debt-free, Cash-free Net Working Capital (DFCFNWC)
419 420 508 595 558 602 563 587 550 597 589
Debt-free Net Working Capital (DFNWC)
513 472 832 970 951 959 971 917 747 707 626
Net Working Capital (NWC)
509 468 831 968 949 958 969 916 747 629 626
Net Nonoperating Expense (NNE)
173 19 58 18 18 33 25 20 9.90 -15 85
Net Nonoperating Obligations (NNO)
161 202 54 -2.80 -40 20 -68 -26 126 389 513
Total Depreciation and Amortization (D&A)
42 41 41 50 55 65 58 56 53 70 69
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($1.50) $0.37 $3.06 $1.77 $0.75 $0.55 $0.98 $0.90 ($0.43) $0.75 ($0.96)
Adjusted Weighted Average Basic Shares Outstanding
115.88M 115.89M 115.90M 115.91M 115.65M 115.54M 115.50M 115.50M 115.10M 115M 115M
Adjusted Diluted Earnings per Share
($1.50) $0.37 $3.06 $1.77 $0.75 $0.55 $0.98 $0.90 ($0.43) $0.75 ($0.96)
Adjusted Weighted Average Diluted Shares Outstanding
115.88M 115.89M 115.90M 115.91M 115.65M 115.54M 115.50M 115.50M 115.10M 115M 115M
Adjusted Basic & Diluted Earnings per Share
($1.50) $0.37 $3.06 $1.77 $0.75 $0.55 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
115.90M 115.90M 115.90M 115.90M 115.80M 115.60M 115.48M 115.31M 115.03M 115.04M 115.05M
Normalized Net Operating Profit after Tax (NOPAT)
-0.14 62 249 223 103 96 138 125 -39 71 -26
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Kronos Worldwide

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - 115,036,316.00 115,053,116.00 115,053,116.00 115,053,116.00
DEI Adjusted Shares Outstanding
- - - - - - - 115,036,316.00 115,053,116.00 115,053,116.00 115,053,116.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - -0.08 -0.32 -0.72 -0.04
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-13.64% 16.85% 12.32% 12.93% 22.12% 5.75% 2.30% -1.22% -5.74% - 4.08%
EBITDA Growth
-131.03% 150.50% 633.90% 1,569.70% 1,166.94% 717.65% 64.44% -58.44% -95.35% - -43.50%
EBIT Growth
-201.20% 66.53% 197.99% 475.79% 515.81% 432.50% 89.23% -80.95% -114.45% - -67.21%
NOPAT Growth
-160.79% 73.11% 206.29% 633.09% 266.89% -510.43% 98.62% -79.28% -145.47% - -67.39%
Net Income Growth
-197.14% 73.37% 153.29% 337.80% 451.96% -149.06% 123.46% -147.18% -151.53% - -126.52%
EPS Growth
-200.00% 72.22% 153.85% 342.86% 444.44% -120.00% 128.57% -147.06% -151.61% - -125.00%
Operating Cash Flow Growth
80.61% 184.96% 60.56% 15.06% 59.89% -23.45% -136.49% -45.81% -127.92% - 49.90%
Free Cash Flow Firm Growth
-1,664.31% 95.70% 158.30% 144.06% -57.93% -4,694.12% -495.15% -650.01% 61.16% - 118.27%
Invested Capital Growth
20.22% 0.24% -7.97% -5.56% 32.45% 29.17% 42.63% 47.35% 7.59% - -4.46%
Revenue Q/Q Growth
-10.45% 0.81% 19.67% 4.53% -3.16% -12.71% 15.76% 0.94% -7.59% - 21.87%
EBITDA Q/Q Growth
-466.67% 142.15% 416.39% 74.92% 134.30% -67.70% 24.22% -55.79% -73.80% - 150.26%
EBIT Q/Q Growth
-166.32% 68.38% 378.57% 83.08% 194.68% -74.71% 38.72% -81.57% -323.53% - 116.33%
NOPAT Q/Q Growth
-277.61% 77.47% 441.26% 83.62% 18.21% -182.41% 211.04% -80.85% -359.46% - 119.97%
Net Income Q/Q Growth
-148.78% 74.02% 252.83% 140.74% 268.21% -118.38% 237.12% -150.83% -302.17% - 94.20%
EPS Q/Q Growth
-157.14% 72.22% 240.00% 142.86% 264.71% -117.74% 245.45% -150.00% -300.00% - 94.44%
Operating Cash Flow Q/Q Growth
-46.69% 263.84% -167.24% 188.22% -25.92% 74.20% -307.71% 120.21% -138.16% - -155.70%
Free Cash Flow Firm Q/Q Growth
1.24% 96.60% 1,667.31% -16.30% -453.99% -3.24% -29.18% -16.50% 75.00% - 168.60%
Invested Capital Q/Q Growth
-3.31% -4.41% 3.09% -0.89% 35.61% -6.78% 13.84% 2.39% -0.98% - 3.78%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
8.67% 13.90% 14.93% 20.02% 20.88% 20.42% 21.80% 12.70% 10.29% - 16.34%
EBITDA Margin
-3.05% 1.27% 6.58% 11.01% 26.64% 9.86% 10.58% 4.63% 1.31% - 5.63%
Operating Margin
-6.37% -1.42% 4.07% 7.17% 8.03% 6.76% 7.84% 1.50% -4.20% - 2.47%
EBIT Margin
-6.37% -2.00% 4.07% 7.13% 21.70% 6.29% 7.53% 1.38% -3.33% - 2.37%
Profit (Net Income) Margin
-5.14% -1.32% 1.69% 3.90% 14.81% -3.12% 3.70% -1.86% -8.10% - -0.94%
Tax Burden Percent
70.10% 56.38% 69.83% 69.64% 75.98% -85.16% 70.43% 161.40% 127.15% - 240.00%
Interest Burden Percent
115.02% 117.50% 59.49% 78.43% 89.83% 58.27% 69.65% -83.82% 191.45% - -16.53%
Effective Tax Rate
0.00% 0.00% 30.17% 30.36% 24.02% 185.16% 29.57% 0.00% 0.00% - 0.00%
Return on Invested Capital (ROIC)
-8.02% -1.78% 4.87% 9.03% 10.01% -10.15% 8.97% 1.68% -4.08% - 2.42%
ROIC Less NNEP Spread (ROIC-NNEP)
-14.96% -4.40% 1.45% 5.52% 24.32% -5.82% 6.47% -2.21% -8.64% - -0.07%
Return on Net Nonoperating Assets (RNNOA)
-0.68% -0.25% 0.28% 1.05% 8.54% -1.84% 2.85% -1.01% -5.41% - -0.05%
Return on Equity (ROE)
-8.70% -2.03% 5.14% 10.08% 18.55% -11.99% 11.82% 0.67% -9.49% - 2.37%
Cash Return on Invested Capital (CROIC)
-23.95% -4.44% 7.03% 10.01% -22.03% -18.84% -28.00% -33.30% -33.83% - 1.31%
Operating Return on Assets (OROA)
-5.61% -1.77% 3.99% 7.38% 22.25% 6.33% 7.89% 1.45% -3.24% - 2.38%
Return on Assets (ROA)
-4.52% -1.17% 1.66% 4.03% 15.18% -3.14% 3.87% -1.96% -7.88% - -0.95%
Return on Common Equity (ROCE)
-8.70% -2.03% 5.14% 10.08% 18.55% -11.99% 11.82% 0.67% -9.49% - 2.37%
Return on Equity Simple (ROE_SIMPLE)
-7.65% 0.00% -3.33% 0.25% 11.10% 0.00% 11.36% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
-18 -3.99 14 25 30 -24 27 5.18 -13 -44 8.82
NOPAT Margin
-4.46% -1.00% 2.84% 5.00% 6.10% -5.76% 5.52% 1.05% -2.94% - 1.73%
Net Nonoperating Expense Percent (NNEP)
6.93% 2.62% 3.42% 3.51% -14.31% -4.33% 2.50% 3.89% 4.56% - 2.49%
Return On Investment Capital (ROIC_SIMPLE)
- -0.32% - - - -1.84% 1.93% 0.36% -0.94% -3.38% 0.65%
Cost of Revenue to Revenue
91.33% 86.10% 85.07% 79.98% 79.12% 79.58% 78.20% 87.30% 89.71% - 83.66%
SG&A Expenses to Revenue
13.50% 17.17% 11.32% 11.57% 12.85% 15.60% 12.58% 12.56% 13.48% - 12.48%
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
15.04% 15.32% 10.86% 12.85% 12.85% 13.66% 13.96% 11.21% 14.49% - 13.87%
Earnings before Interest and Taxes (EBIT)
-25 -8.00 20 36 105 27 37 6.80 -15 -74 12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-12 5.10 32 55 129 42 52 23 6.00 -57 29
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.01 1.35 1.73 1.86 1.69 1.37 1.02 0.84 0.82 - 1.01
Price to Tangible Book Value (P/TBV)
1.01 1.35 1.73 1.86 1.70 1.38 1.02 0.84 0.82 - 1.02
Price to Revenue (P/Rev)
0.52 0.66 0.78 0.81 0.77 0.59 0.45 0.38 0.35 - 0.40
Price to Earnings (P/E)
0.00 0.00 0.00 759.78 15.22 13.01 8.94 10.57 0.00 - 0.00
Dividend Yield
10.43% 7.99% 6.53% 6.06% 4.98% 4.92% 4.55% 3.23% 3.48% - 3.04%
Earnings Yield
0.00% 0.00% 0.00% 0.13% 6.57% 7.69% 11.18% 9.46% 0.00% - 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.01 1.31 1.59 1.71 1.46 1.26 1.01 0.91 0.90 - 1.01
Enterprise Value to Revenue (EV/Rev)
0.61 0.74 0.89 0.92 1.01 0.80 0.73 0.68 0.67 - 0.71
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 55.09 20.45 8.53 5.89 5.01 5.21 10.24 - 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 74.34 12.36 8.10 6.81 7.28 22.75 - 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 38.63 28.18 21.40 16.70 21.72 0.00 - 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 222.70 21.27 21.14 21.50 20.90 103.85 0.00 0.00 - 24.78
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 21.67 16.55 0.00 0.00 0.00 0.00 0.00 - 75.51
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.51 0.55 0.55 0.55 0.65 0.62 0.66 0.70 0.78 - 0.81
Long-Term Debt to Equity
0.51 0.55 0.55 0.55 0.56 0.53 0.56 0.59 0.78 - 0.81
Financial Leverage
0.05 0.06 0.19 0.19 0.35 0.32 0.44 0.46 0.63 - 0.69
Leverage Ratio
2.14 2.14 2.08 2.08 2.16 2.31 2.24 2.22 2.32 - 2.35
Compound Leverage Factor
2.46 2.51 1.24 1.63 1.94 1.35 1.56 -1.86 4.44 - -0.39
Debt to Total Capital
33.68% 35.29% 35.54% 35.36% 39.54% 38.31% 39.68% 41.03% 43.76% - 44.72%
Short-Term Debt to Total Capital
0.06% 0.00% 0.00% 0.00% 5.99% 5.91% 5.78% 6.12% 0.00% - 0.00%
Long-Term Debt to Total Capital
33.63% 35.29% 35.54% 35.36% 33.56% 32.40% 33.90% 34.91% 43.76% - 44.72%
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
66.32% 64.71% 64.46% 64.64% 60.46% 61.69% 60.32% 58.97% 56.24% - 55.28%
Debt to EBITDA
-17.06 -45.93 15.36 5.32 2.51 1.97 2.01 2.40 5.12 - -71.75
Net Debt to EBITDA
-6.00 -13.63 6.96 2.32 2.05 1.53 1.91 2.30 4.84 - -68.14
Long-Term Debt to EBITDA
-17.04 -45.93 15.36 5.32 2.13 1.67 1.71 2.04 5.12 - -71.75
Debt to NOPAT
-8.46 -11.25 -33.51 10.05 8.29 7.17 6.69 10.02 -1.76 - -13.82
Net Debt to NOPAT
-2.97 -3.34 -15.18 4.38 6.75 5.56 6.37 9.60 -1.66 - -13.13
Long-Term Debt to NOPAT
-8.44 -11.25 -33.51 10.05 7.04 6.06 5.71 8.52 -1.76 - -13.82
Altman Z-Score
1.80 1.83 2.25 2.42 2.23 1.89 1.79 1.66 1.62 - 1.67
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
3.90 3.01 3.68 3.61 2.68 2.32 2.62 2.79 3.83 - 3.18
Quick Ratio
1.78 1.37 1.75 1.85 1.16 0.84 0.87 0.94 1.30 - 1.29
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-182 -6.19 97 81 -287 -297 -383 -447 -112 -102 70
Operating Cash Flow to CapEx
215.85% 1,215.09% -921.28% 1,123.53% 310.99% 400.81% -853.33% 184.82% -83.16% - 0.00%
Free Cash Flow to Firm to Interest Expense
-34.34 -1.88 10.55 8.29 -24.36 -24.53 -33.05 -34.89 -7.92 - 4.90
Operating Cash Flow to Interest Expense
3.34 19.52 -4.71 3.90 2.40 4.07 -8.83 1.62 -0.56 - -3.59
Operating Cash Flow Less CapEx to Interest Expense
1.79 17.91 -5.22 3.55 1.63 3.06 -9.86 0.74 -1.23 - -3.59
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.88 0.88 0.98 1.03 1.02 1.01 1.05 1.05 0.97 - 1.00
Accounts Receivable Turnover
4.90 5.87 5.28 5.24 5.60 6.25 5.39 5.27 5.32 - 5.15
Inventory Turnover
2.90 2.56 2.78 3.07 2.94 2.50 2.56 2.71 2.59 - 2.71
Fixed Asset Turnover
3.49 3.45 3.61 3.81 3.11 3.21 3.25 3.22 2.58 - 2.65
Accounts Payable Turnover
5.14 4.90 6.02 5.87 5.65 4.48 5.23 5.52 5.47 - 5.45
Days Sales Outstanding (DSO)
74.56 62.16 69.08 69.72 65.23 58.42 67.70 69.23 68.61 - 70.87
Days Inventory Outstanding (DIO)
126.00 142.60 131.26 119.04 124.36 145.89 142.70 134.45 141.18 - 134.90
Days Payable Outstanding (DPO)
71.02 74.56 60.67 62.16 64.55 81.51 69.76 66.08 66.71 - 66.98
Cash Conversion Cycle (CCC)
129.54 130.19 139.68 126.59 125.05 122.80 140.64 137.60 143.07 - 138.79
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
977 934 963 954 1,294 1,206 1,373 1,406 1,392 1,264 1,312
Invested Capital Turnover
1.80 1.79 1.71 1.81 1.64 1.76 1.63 1.60 1.39 - 1.40
Increase / (Decrease) in Invested Capital
164 2.20 -83 -56 317 272 410 452 98 58 -61
Enterprise Value (EV)
987 1,225 1,531 1,628 1,884 1,516 1,392 1,278 1,253 - 1,328
Market Capitalization
838 1,094 1,338 1,444 1,432 1,122 860 713 660 - 756
Book Value per Share
$7.24 $7.03 $6.73 $6.73 $7.37 $7.10 $7.36 $7.36 $6.99 $6.53 $6.48
Tangible Book Value per Share
$7.24 $7.03 $6.73 $6.73 $7.34 $7.08 $7.34 $7.34 $6.97 $6.51 $6.45
Total Capital
1,256 1,249 1,201 1,198 1,402 1,324 1,404 1,436 1,431 1,309 1,348
Total Debt
423 441 427 424 554 507 557 589 626 557 603
Total Long-Term Debt
423 441 427 424 470 429 476 501 626 557 603
Net Debt
149 131 193 184 452 394 531 565 593 519 572
Capital Expenditures (CapEx)
8.20 5.30 4.70 3.40 9.10 12 12 11 9.50 10 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
587 550 595 579 656 597 753 763 760 589 649
Debt-free Net Working Capital (DFNWC)
744 747 717 714 753 707 777 785 791 626 678
Net Working Capital (NWC)
744 747 717 714 670 629 696 697 791 626 678
Net Nonoperating Expense (NNE)
2.69 1.31 5.52 5.50 -42 -11 8.94 14 24 39 14
Net Nonoperating Obligations (NNO)
144 126 188 180 447 389 526 559 588 513 567
Total Depreciation and Amortization (D&A)
13 13 12 19 24 15 15 16 21 17 17
Debt-free, Cash-free Net Working Capital to Revenue
36.51% 32.99% 34.58% 32.57% 35.16% 31.64% 39.68% 40.33% 40.78% - 34.55%
Debt-free Net Working Capital to Revenue
46.26% 44.80% 41.70% 40.20% 40.42% 37.46% 40.93% 41.51% 42.44% - 36.05%
Net Working Capital to Revenue
46.21% 44.80% 41.70% 40.20% 35.92% 33.32% 36.65% 36.86% 42.44% - 36.05%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.18) ($0.05) $0.07 $0.17 $0.62 ($0.11) $0.16 ($0.08) ($0.32) ($0.72) ($0.04)
Adjusted Weighted Average Basic Shares Outstanding
115M 115.10M 115M 115M 115M 115M 115M 115M 115M 115M 115M
Adjusted Diluted Earnings per Share
($0.18) ($0.05) $0.07 $0.17 $0.62 ($0.11) $0.16 ($0.08) ($0.32) ($0.72) ($0.04)
Adjusted Weighted Average Diluted Shares Outstanding
115M 115.10M 115M 115M 115M 115M 115M 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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
115.03M 115.03M 115.03M 115.04M 115.04M 115.04M 115.04M 115.05M 115.05M 115.05M 115.05M
Normalized Net Operating Profit after Tax (NOPAT)
-18 -3.99 14 25 30 20 27 5.18 -13 -44 8.82
Normalized NOPAT Margin
-4.46% -1.00% 2.84% 5.00% 6.10% 4.73% 5.52% 1.05% -2.94% - 1.73%
Pre Tax Income Margin
-7.33% -2.35% 2.42% 5.59% 19.50% 3.66% 5.25% -1.15% -6.37% - -0.39%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-4.77 -2.42 2.12 3.64 8.92 2.20 3.18 0.53 -1.08 - 0.85
NOPAT to Interest Expense
-3.34 -1.21 1.48 2.55 2.50 -2.01 2.33 0.40 -0.95 - 0.62
EBIT Less CapEx to Interest Expense
-6.32 -4.03 1.61 3.30 8.14 1.18 2.15 -0.34 -1.75 - 0.85
NOPAT Less CapEx to Interest Expense
-4.89 -2.82 0.97 2.20 1.73 -3.03 1.30 -0.47 -1.63 - 0.62
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
-137.52% -178.21% -339.15% 4,600.00% 75.88% 64.04% 40.64% 34.07% -55.69% - -17.19%
Augmented Payout Ratio
-143.96% -184.11% -344.96% 4,600.00% 75.88% 64.04% 40.64% 34.07% -55.69% - -17.19%

Financials Breakdown Chart

Key Financial Trends

Kronos Worldwide (NYSE: KRO) has seen mixed performance across the last four years. In 2025, revenue remained volatile and profitability deteriorated in the back half of the year, while operating cash flow improved in Q4 after weaker quarters earlier. The balance sheet shows rising leverage as debt expanded and equity remained flat to down, with cash balances modest but comparatively steady. Below are the 10 most impactful takeaways for retail investors based on quarterly data through Q4 2025.

  • Net cash from continuing operating activities rose to 92.1 million in Q4 2025, signaling improved cash generation despite a quarterly net loss.
  • Net cash from operating activities turned positive in Q4 2025 after earlier negatives in the year, highlighting a cash-flow rebound during the period.
  • Positive working capital swing in Q4 2025 contributed significantly to operating cash flow, with a net change in operating assets and liabilities of +153.9 million.
  • Depreciation and amortization supported cash flow in Q4 2025, providing non-cash addbacks of 15.9 million (Depreciation) and 1.1 million (Amortization).
  • Revenue has been cyclical: peak around 494.4 million in Q2 2025, then easing to about 418.3 million in Q4 2025, indicating ongoing market/timing sensitivity in pigment sales.
  • Dividends per share are maintained at 0.05 USD across recent quarters, signaling a consistent return of capital to shareholders.
  • Net income attributable to common shareholders remained negative through 2025, with Q4 2025 showing about -82.8 million, underscoring ongoing profitability challenges.
  • Total operating income turned negative in Q3 and Q4 2025 (-19.2 million and -63.1 million), indicating margin pressures as costs rose relative to sales.
  • Long-term debt rose to about 626.2 million by Q4 2025, contributing to higher leverage; interest expense also rose (about 14.5 million in Q4 2025).
  • Financing activity remained a net cash outflow in Q4 2025 (net financing activities around -76.2 million), despite a debt issuance of 154.1 million, reflecting ongoing funding needs and leverage concerns.
05/12/26 11:10 AM ETAI Generated. May Contain Errors.

Kronos Worldwide Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Kronos Worldwide's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Kronos Worldwide's net income appears to be on a downward trend, with a most recent value of -$110.90 million in 2025, falling from -$173.60 million in 2015. The previous period was $86.20 million in 2024. See where experts think Kronos Worldwide is headed by visiting Kronos Worldwide's forecast page.

Kronos Worldwide's total operating income in 2025 was -$36.50 million, based on the following breakdown:
  • Total Gross Profit: $213 million
  • Total Operating Expenses: $249.50 million

Over the last 10 years, Kronos Worldwide's total revenue changed from $1.35 billion in 2015 to $1.86 billion in 2025, a change of 37.9%.

Kronos Worldwide's total liabilities were at $1.07 billion at the end of 2025, a 2.8% decrease from 2024, and a 36.5% increase since 2015.

In the past 10 years, Kronos Worldwide's cash and equivalents has ranged from $33.20 million in 2025 to $406 million in 2021, and is currently $33.20 million as of their latest financial filing in 2025.

Over the last 10 years, Kronos Worldwide's book value per share changed from 3.99 in 2015 to 6.53 in 2025, a change of 63.8%.



Financial statements for NYSE:KRO last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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