KRONYSEIndustrial Inorganic ChemicalsFiscal year ends December 31
KRONOS WORLDWIDE INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$7.32−0.11 (-1.48%)
Close on Oct 19, 2026
- Market cap
- $842.53M
- P/E (TTM)
- –
- Dividend yield
- 2.73%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
11.5%−10.0 pts over 5 years
Operating margin
-2.0%−9.1 pts over 5 years
Net margin
-6.0%−9.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.5% | -1.2% | +2.6% | +3.3% | |
| Gross profit | -40.7% | -18.3% | -9.5% | +1.0% | |
| Dividend per share | -58.3% | -35.9% | -22.6% | -10.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.1% | 7.9% | -14.1% | |
| Return on assets | 3.6% | 3.2% | -5.9% | |
| Current ratio | 3.57 | 4.68 | 2.70 | |
| Debt to equity | 0.86 | 0.61 | 0.74 | |
| Net debt to EBITDA | 2.15× | – | – | |
| Interest coverage | 4.5× | 6.1× | -0.7× | |
| Inventory turnover | 3.0× | 2.5× | 2.6× | |
| Capex to revenue | 3.9% | 3.8% | 2.3% | |
| Diluted shares | 116M | 116M | 115M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Kronos Worldwide generated $368.70M from operations and spent $583.70M on capital expenditure, dividends and share buybacks. 41% of that went back into the business.
Generated
$368.70M
Used
$583.70M
Capital expenditure$241.60M41%Dividends$336.70M58%Share buybacks$5.40M1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-6.0%
×Asset turnover1.00×
×Equity multiplier2.38×
=Return on equity, FY2025-14.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -6.0% | 1.00× | 2.38× | -14.1% |
| FY2024 | 4.6% | 1.01× | 2.31× | 10.6% |
| FY2023 | -2.9% | 0.88× | 2.14× | -5.6% |
| FY2022 | 5.4% | 0.98× | 2.16× | 11.4% |
| FY2021 | 5.8% | 0.96× | 2.43× | 13.5% |
| FY2020 | 3.9% | 0.82× | 2.48× | 7.9% |
| FY2019 | 5.0% | 0.90× | 2.33× | 10.5% |
| FY2018 | 12.3% | 0.89× | 2.34× | 25.7% |
| FY2017 | 20.5% | 1.15× | 2.61× | 61.7% |
| FY2016 | 3.2% | 1.13× | 2.83× | 10.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$110.90M
- Cash generatingOperating cash flow above zero$2.50M
- Return on assets improvedROA up on the prior year4.7% → -5.8%
- Earnings backed by cashOperating cash flow above net income$2.50M vs -$110.90M
- Less leverageLong-term debt to assets fell22.4% → 30.7%
- Better liquidityCurrent ratio rose2.32 → 2.70
- No dilutionShare count did not rise115M → 115M
- Gross margin improvedGross margin up on the prior year19.04% → 11.46%
- More efficientAsset turnover rose1.03 → 0.97