KRO KRONOS WORLDWIDE INC

Overview and Growth

KRONOS WORLDWIDE INC generated $1.86B of revenue in fiscal 2025, with net loss of $110.90M and an operating cash inflow of $2.50M. The $1.86B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line contracted 1.5% from $1.89B in fiscal 2024; this top-line contraction left the company with a smaller revenue base. On a per-share basis, diluted EPS was -$0.96, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $0.75 in fiscal 2024, the current result was 228.0% lower. The company employed $1.82B of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 1.02x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $213.00M as gross profit before recognizing operating expenses and other items. Gross margin was 11.5%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was an operating loss of $36.50M, reflecting costs that exceeded gross profit. An operating margin of -2.0% reflected costs exceeding revenue-level gross profit by 2.0% of sales. The company ended the period with a net loss of $110.90M, extending the operating result through all remaining items. Net margin was -6.0%, reflecting a loss equal to 6.0% of reported revenue. Before income taxes, the company recorded a loss of $97.40M, bridging the operating result to the final net loss. Pretax margin was -5.2%, reflecting a pre-tax loss equal to 5.2% of revenue. Income tax expense totaled $13.50M, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-equity relationship was 14.8%, placing the bottom-line deficit against shareholder capital. Relative to total assets, the net loss represented 6.1%.

Liquidity and Capital Structure

Total assets were $1.82B, supported by $1.07B of liabilities and $751.10M of shareholder equity. Current assets were $994.50M against $368.80M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 2.7x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $33.20M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 9.0% of current liabilities, showing how much near-term coverage came from cash alone. Total debt was $557.40M, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 0.74x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 30.7%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 58.7%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 1.8%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 5.1% lower than fiscal 2024 assets of $1.91B, measuring the company’s own balance-sheet change. Against $817.00M of equity in fiscal 2024, the current book-equity balance moved 8.1% and ended lower. The reported cash balance changed 68.9% from $106.70M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $2.50M, a reported cash inflow that can be compared directly with net income and capital spending. Capital spending was $42.90M, absorbing part of the cash generated from operations before free cash flow. The company recorded a $40.40M cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 2.2%. The cash deficit after capital spending represented 2.2% of the period-end asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.