Kronos Worldwide Inc income statement
In fiscal 2025, Kronos Worldwide Inc reported revenue of $1.86bn, down 1.5% on the year before, operating income of −$36.5m (a -2.0% margin) and net income of −$111m, or −$0.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,142 | 1,450 | 1,943 | 1,976 | 1,732 | 1,652 | 1,349 | 1,364 | 1,729 | 1,662 | 1,731 | 1,639 | 1,939 | 1,930 | 1,667 | 1,887 | 1,859 | 1,943 |
| Cost of revenue | — | — | — | — | — | — | — | 1,100 | 1,159 | 1,100 | 1,345 | 1,288 | 1,493 | 1,539 | 1,502 | 1,528 | 1,646 | 1,714 |
| Gross profit | 130 | 345 | 748 | 560 | 112 | 350 | 192 | 265 | 570 | 562 | 386 | 351 | 446 | 391 | 165 | 359 | 213 | 230 |
| Research and development | — | 13 | 20 | 19 | 18 | 19 | 16 | 13 | 18 | 16 | 17 | 16 | 17 | 15 | 18 | 14 | 16 | — |
| Selling, general and administrative | 148 | 167 | 195 | 183 | 190 | 192 | 178 | 169 | 201 | 228 | 228 | 219 | 249 | 231 | 211 | 226 | 245 | 250 |
| Operating income | −16 | 178 | 547 | 360 | −133 | 150 | −1 | 93 | 348 | 330 | 146 | 116 | 187 | 160 | −56 | 123 | −37 | −32 |
| Interest expense | 41 | 39 | 33 | 27 | 20 | 17 | 19 | 21 | 19 | 20 | 19 | 19 | 20 | 17 | 17 | 43 | 53 | 57 |
| Income before tax | −57 | 140 | 517 | 331 | −160 | 134 | −31 | 61 | 306 | 294 | 121 | 80 | 153 | 134 | −73 | 150 | −97 | −97 |
| Income tax | −22 | 10 | 196 | 112 | −58 | 35 | 143 | 18 | −49 | 89 | 34 | 16 | 41 | 29 | −24 | 63 | 14 | 13 |
| Net income | −35 | 131 | 321 | 219 | −102 | 99 | −174 | 43 | 355 | 205 | 87 | 64 | 113 | 105 | −49 | 86 | −111 | −109 |
| Diluted EPS | −$0.35 | $1.29 | $2.77 | $1.89 | −$0.88 | $0.86 | −$1.50 | $0.37 | $3.06 | $1.77 | $0.75 | $0.55 | $0.98 | $0.90 | −$0.43 | $0.75 | −$0.96 | −$0.95 |
| Diluted shares (average) | — | 101m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 116m | 115m | 115m | 115m | 115m |
| EBITDA | 31 | 223 | 594 | 407 | −82 | 199 | 41 | 133 | 389 | 380 | 194 | 174 | 238 | 211 | −7 | 183 | 24 | 31 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 485 | 423 | 490 | 494 | 457 | 418 | 510 | 558 |
| Cost of revenue | 384 | 337 | 383 | 432 | 410 | 422 | 427 | 455 |
| Gross profit | 101 | 86 | 107 | 63 | 47 | −4 | 83 | 103 |
| Selling, general and administrative | 62 | 51 | 62 | 62 | 62 | 60 | 64 | 65 |
| Operating income | 39 | 29 | 38 | 7 | −19 | −63 | 13 | 38 |
| Interest expense | 12 | 12 | 12 | 13 | 14 | 15 | 14 | 14 |
| Income before tax | 95 | 16 | 26 | −6 | −29 | −88 | −2 | 23 |
| Income tax | 23 | 29 | 8 | 4 | 8 | −6 | 3 | 8 |
| Net income | 72 | −13 | 18 | −9 | −37 | −83 | −5 | 15 |
| Diluted EPS | $0.62 | −$0.11 | $0.16 | −$0.08 | −$0.32 | −$0.72 | −$0.04 | $0.13 |
| EBITDA | 56 | 43 | 52 | 23 | −4 | −47 | 28 | 53 |
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