KRO

MKT CAP:$812M

Kronos Worldwide, Inc.

Market Cap

$812M

Basic Materials·Chemicals - Specialty·🇺🇸 United States·NYSE

Materials·Chemicals·🇺🇸·NYSE

Stock Price

$6.90+$2.42 (+54.02%)

Apr 22, 2026

Company Details

Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, bright...

CEO

Brian W. Christian

IPO Date

Dec 9, 2003

Website

kronostio2.com

Key Metrics TTM

Revenue

$1.9B

-1.5% YoY

Net Income

-$111M

EPS (Diluted)

-$0.96

Free Cash Flow

-$16M

Revenue / Share

$16.17

Gross Margin

11.5%

Operating Margin

-1.7%

Net Margin

-6.0%

FCF Margin

-0.8%

P/S

0.4x

P/E

—

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Mar 9, 2026

$1.9B-1.5%EPS -$0.96

Q4 2025

Mar 9, 2026

$418M-1.1%EPS -$0.72

Q3 2025

Nov 6, 2025

$457M-5.7%EPS -$0.32

Q2 2025

Aug 6, 2025

$494M-1.2%EPS -$0.08

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$563M	$149M	$83M
Q2 22	$565M	$121M	$65M
Q3 22	$460M	$84M	$31M
Q4 22	$342M	$37M	-$20M
Q1 23	$426M	$31M	-$18M
Q2 23	$443M	$44M	-$7M
Q3 23	$397M	$34M	-$25M
Q4 23	$400M	$56M	-$6M
Q1 24	$479M	$72M	$20M
Q2 24	$501M	$100M	$36M
Q3 24	$485M	$101M	$39M
Q4 24	$423M	$86M	$29M
Q1 25	$490M	$107M	$38M
Q2 25	$494M	$63M	$7M
Q3 25	$457M	$47M	-$19M
Q4 25	$418M	-$4M	-$58M

Valuation

Quarter	P/S	P/E
Q1 22	0.9x	12.1x
Q2 22	1.0x	12.6x
Q3 22	0.5x	7.2x
Q4 22	0.6x	11.5x
Q1 23	0.6x	33.0x
Q2 23	0.6x	—
Q3 23	0.5x	—
Q4 23	0.7x	—
Q1 24	0.8x	—
Q2 24	0.8x	751.7x
Q3 24	0.8x	15.2x
Q4 24	0.6x	12.9x
Q1 25	0.5x	8.9x
Q2 25	0.4x	10.6x
Q3 25	0.4x	—
Q4 25	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$19M	-$33M
Q2 22	$68M	$52M
Q3 22	$10M	-$4M
Q4 22	$23M	$4M
Q1 23	-$110M	-$126M
Q2 23	$33M	$16M
Q3 23	$18M	$10M
Q4 23	$64M	$59M
Q1 24	-$43M	-$48M
Q2 24	$37M	$34M
Q3 24	$28M	$19M
Q4 24	$49M	$37M
Q1 25	-$102M	-$102M
Q2 25	$21M	$21M
Q3 25	-$8M	-$17M
Q4 25	$94M	$83M

Capital Expenditures

Quarter	CapEx
Q1 22	$14M
Q2 22	$16M
Q3 22	$14M
Q4 22	$19M
Q1 23	$16M
Q2 23	$18M
Q3 23	$8M
Q4 23	$5M
Q1 24	$5M
Q2 24	$3M
Q3 24	$9M
Q4 24	$12M
Q1 25	$0
Q2 25	$0
Q3 25	$10M
Q4 25	$10M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+21.1%	+11.3%
Q2 22	+18.1%	+15.0%
Q3 22	-8.0%	-3.1%
Q4 22	-31.0%	-18.4%
Q1 23	-24.3%	-7.3%
Q2 23	-21.6%	-10.0%
Q3 23	-13.6%	-1.5%
Q4 23	+16.9%	+12.1%
Q1 24	+12.3%	+3.3%
Q2 24	+12.9%	+3.3%
Q3 24	+22.1%	+5.6%
Q4 24	+5.7%	-2.8%
Q1 25	+2.3%	-1.7%
Q2 25	-1.2%	+4.8%
Q3 25	-5.7%	+6.8%
Q4 25	-1.1%	+20.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 22	$65M	—	—
Q2 22	$66M	—	—
Q3 22	$62M	—	—
Q4 22	$67M	—	—
Q1 23	$54M	—	—
Q2 23	$52M	—	—
Q3 23	$55M	—	—
Q4 23	$54M	—	—
Q1 24	$54M	—	—
Q2 24	$58M	—	—
Q3 24	$62M	—	—
Q4 24	—	—	$51M
Q1 25	$62M	—	—
Q2 25	$62M	—	—
Q3 25	—	—	$62M
Q4 25	—	$126M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$350M	$0	$350M
Q2 22	$371M	$0	$371M
Q3 22	$339M	$0	$339M
Q4 22	$328M	$0	$328M
Q1 23	$178M	$0	$178M
Q2 23	$169M	$0	$169M
Q3 23	$155M	$0	$155M
Q4 23	$195M	$0	$195M
Q1 24	$121M	$0	$121M
Q2 24	$134M	$0	$134M
Q3 24	$95M	$0	$95M
Q4 24	$107M	$0	$107M
Q1 25	$21M	$0	$21M
Q2 25	$19M	$0	$19M
Q3 25	$28M	$0	$28M
Q4 25	$37M	$0	$37M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	116M	0.0%	0.0%
Q2 22	116M	0.0%	0.0%
Q3 22	116M	0.0%	0.0%
Q4 22	115M	-0.1%	-0.1%
Q1 23	115M	-0.1%	-0.2%
Q2 23	115M	-0.2%	-0.3%
Q3 23	115M	-0.1%	-0.4%
Q4 23	115M	0.0%	-0.3%
Q1 24	115M	0.0%	-0.3%
Q2 24	115M	0.0%	-0.1%
Q3 24	115M	0.0%	0.0%
Q4 24	115M	0.0%	0.0%
Q1 25	115M	0.0%	0.0%
Q2 25	115M	0.0%	0.0%
Q3 25	115M	0.0%	0.0%
Q4 25	115M	0.0%	0.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$250.4K	2K
Q2 22	$251.5K	2K
Q3 22	$204.4K	2K
Q4 22	$151.1K	2K
Q1 23	$188.1K	2K
Q2 23	$195.6K	2K
Q3 23	$175.2K	2K
Q4 23	$182.2K	2K
Q1 24	$218.0K	2K
Q2 24	$227.9K	2K
Q3 24	$220.7K	2K
Q4 24	$167.6K	3K
Q1 25	$194.1K	3K
Q2 25	$195.9K	3K
Q3 25	$181.0K	3K
Q4 25	$165.7K	3K

Revenue / Employee