Kronos Worldwide Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Kronos Worldwide Inc has an operating margin of 6.5%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is up from -3.4% the prior year.
Kronos Worldwide Inc's revenue grew 13.2% year-over-year to $1.9B, a solid pace of expansion. This earns a growth score of 66/100.
Kronos Worldwide Inc carries a low D/E ratio of 0.53, meaning only $0.53 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.32, Kronos Worldwide Inc holds $2.32 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.
Kronos Worldwide Inc's free cash flow margin of 2.3% results in a low score of 11/100. Capital expenditures of $29.5M absorb a large share of operating cash flow.
Kronos Worldwide Inc's ROE of 10.5% shows moderate profitability relative to equity, earning a score of 42/100.
Kronos Worldwide Inc scores 1.84, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Kronos Worldwide Inc passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Kronos Worldwide Inc generates $0.84 in operating cash flow ($72.5M OCF vs $86.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Kronos Worldwide Inc earns $2.9 in operating income for every $1 of interest expense ($122.9M vs $42.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
This page shows Kronos Worldwide Inc (KRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Kronos Worldwide Inc generated $1.9B in revenue in fiscal year 2024. This represents an increase of 13.2% from the prior year.
Kronos Worldwide Inc's EBITDA was $183.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2577.0% from the prior year.
Kronos Worldwide Inc generated $43.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 202.6% from the prior year.
Kronos Worldwide Inc reported $86.2M in net income in fiscal year 2024. This represents an increase of 275.6% from the prior year.
Kronos Worldwide Inc earned $0.75 per diluted share (EPS) in fiscal year 2024. This represents an increase of 274.4% from the prior year.
Kronos Worldwide Inc held $106.7M in cash against $429.1M in long-term debt as of fiscal year 2024.
Kronos Worldwide Inc paid $0.48 per share in dividends in fiscal year 2024. This represents a decrease of 36.8% from the prior year.
Kronos Worldwide Inc had 115M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Kronos Worldwide Inc's gross margin was 19.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 9.2 percentage points from the prior year.
Kronos Worldwide Inc's operating margin was 6.5% in fiscal year 2024, reflecting core business profitability. This is up 9.9 percentage points from the prior year.
Kronos Worldwide Inc's net profit margin was 4.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 7.5 percentage points from the prior year.
Kronos Worldwide Inc's ROE was 10.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Kronos Worldwide Inc invested $14.0M in research and development in fiscal year 2024. This represents a decrease of 22.2% from the prior year.
Kronos Worldwide Inc invested $29.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 37.8% from the prior year.
KRO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $456.9M-7.6% | $494.4M+0.9% | $489.8M+15.8% | $423.1M-15.5% | $500.5M+4.5% | $478.8M+19.7% | $400.1M+0.8% | $396.9M |
| Cost of Revenue | $409.9M-5.0% | $431.6M+12.7% | $383.0M+13.8% | $336.7M-15.9% | $400.3M-1.7% | $407.3M+18.2% | $344.5M-5.0% | $362.5M |
| Gross Profit | $47.0M-25.2% | $62.8M-41.2% | $106.8M+23.6% | $86.4M-13.8% | $100.2M+40.1% | $71.5M+28.6% | $55.6M+61.6% | $34.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $61.6M-0.8% | $62.1M+0.8% | $61.6M+20.3% | $51.2M-11.6% | $57.9M+6.8% | $54.2M-0.2% | $54.3M+1.3% | $53.6M |
| Operating Income | -$19.2M-359.5% | $7.4M-80.7% | $38.4M+34.3% | $28.6M-20.3% | $35.9M+84.1% | $19.5M+442.1% | -$5.7M+77.5% | -$25.3M |
| Interest Expense | $14.1M+10.2% | $12.8M+10.3% | $11.6M-4.1% | $12.1M+23.5% | $9.8M+6.5% | $9.2M+114.0% | $4.3M0.0% | $4.3M |
| Income Tax | $7.9M+125.7% | $3.5M-53.9% | $7.6M-73.5% | $28.7M+237.6% | $8.5M+142.9% | $3.5M+185.4% | -$4.1M+52.9% | -$8.7M |
| Net Income | -$37.0M-302.2% | -$9.2M-150.8% | $18.1M+237.1% | -$13.2M-167.7% | $19.5M+140.7% | $8.1M+252.8% | -$5.3M+74.0% | -$20.4M |
| EPS (Diluted) | $-0.32-300.0% | $-0.08-150.0% | $0.16+245.5% | $-0.11-164.7% | $0.17+142.9% | $0.07+240.0% | $-0.05+72.2% | $-0.18 |
KRO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.9B-1.6% | $1.9B-0.3% | $1.9B+1.7% | $1.9B+15.5% | $1.7B-1.3% | $1.7B-8.6% | $1.8B+7.1% | $1.7B |
| Current Assets | $1.1B-1.6% | $1.1B-3.4% | $1.1B+1.9% | $1.1B+12.0% | $987.2M+0.3% | $984.7M-11.9% | $1.1B+11.8% | $999.7M |
| Cash & Equivalents | $27.7M+46.6% | $18.9M-7.8% | $20.5M-80.8% | $106.7M-20.3% | $133.8M+10.9% | $120.7M-38.0% | $194.7M+25.4% | $155.3M |
| Inventory | $659.1M-3.6% | $683.5M-2.3% | $699.8M+6.6% | $656.7M+46.8% | $447.2M-6.0% | $475.8M-15.7% | $564.6M+13.4% | $497.8M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.1B+1.0% | $1.1B-0.5% | $1.1B+0.2% | $1.1B+24.3% | $882.3M-2.5% | $905.0M-12.1% | $1.0B+16.7% | $882.7M |
| Current Liabilities | $279.2M-28.4% | $390.2M-9.3% | $430.3M-9.7% | $476.6M+74.5% | $273.1M+1.9% | $267.9M-27.8% | $370.8M+44.7% | $256.2M |
| Long-Term Debt | $626.2M+24.9% | $501.4M+5.3% | $476.0M+10.9% | $429.1M+1.3% | $423.7M-0.7% | $426.9M-3.2% | $440.9M+4.4% | $422.5M |
| Total Equity | $804.7M-5.0% | $846.8M0.0% | $847.0M+3.7% | $817.0M+5.5% | $774.6M0.0% | $774.4M-4.2% | $808.3M-3.0% | $833.2M |
| Retained Earnings | -$256.4M-20.0% | -$213.6M-7.5% | -$198.7M+5.8% | -$211.0M+18.2% | -$258.1M-0.9% | -$255.8M-5.7% | -$242.0M-12.7% | -$214.8M |
KRO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$7.9M-138.2% | $20.7M+120.2% | -$102.4M-307.7% | $49.3M+29.1% | $38.2M+188.2% | -$43.3M-167.2% | $64.4M+263.8% | $17.7M |
| Capital Expenditures | $9.5M-15.2% | $11.2M-6.7% | $12.0M-2.4% | $12.3M+261.8% | $3.4M-27.7% | $4.7M-11.3% | $5.3M-35.4% | $8.2M |
| Free Cash Flow | -$17.4M-283.2% | $9.5M+108.3% | -$114.4M-409.2% | $37.0M+6.3% | $34.8M+172.5% | -$48.0M-181.2% | $59.1M+522.1% | $9.5M |
| Investing Cash Flow | N/A | N/A | N/A | -$12.3M | N/A | N/A | -$5.3M+35.4% | -$8.2M |
| Financing Cash Flow | $26.0M+297.0% | -$13.2M-148.7% | $27.1M+230.9% | -$20.7M+8.8% | -$22.7M+11.7% | -$25.7M-13.7% | -$22.6M-3.2% | -$21.9M |
| Dividends Paid | $5.8M+1.8% | $5.7M-1.7% | $5.8M+1.8% | $5.7M-73.9% | $21.8M-0.5% | $21.9M0.0% | $21.9M+0.5% | $21.8M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
KRO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.3%-2.4pp | 12.7%-9.1pp | 21.8%+1.4pp | 20.4%+0.4pp | 20.0%+5.1pp | 14.9%+1.0pp | 13.9%+5.2pp | 8.7% |
| Operating Margin | -4.2%-5.7pp | 1.5%-6.3pp | 7.8%+1.1pp | 6.8%-0.4pp | 7.2%+3.1pp | 4.1%+5.5pp | -1.4%+5.0pp | -6.4% |
| Net Margin | -8.1%-6.2pp | -1.9%-5.6pp | 3.7%+6.8pp | -3.1%-7.0pp | 3.9%+2.2pp | 1.7%+3.0pp | -1.3%+3.8pp | -5.1% |
| Return on Equity | N/A | N/A | 2.1%-6.3pp | 8.5%+5.9pp | 2.5%+1.5pp | 1.1% | N/A | N/A |
| Return on Assets | -1.9%-1.5pp | -0.5%-1.4pp | 0.9%+1.6pp | -0.7%-1.9pp | 1.2%+0.7pp | 0.5%+0.8pp | -0.3%+0.9pp | -1.2% |
| Current Ratio | 3.83+1.0 | 2.79+0.2 | 2.62+0.3 | 2.32-1.3 | 3.61-0.1 | 3.68+0.7 | 3.01-0.9 | 3.90 |
| Debt-to-Equity | 0.78+0.2 | 0.59+0.0 | 0.56+0.0 | 0.53-0.0 | 0.550.0 | 0.550.0 | 0.55+0.0 | 0.51 |
| FCF Margin | -3.8%-5.7pp | 1.9%+25.3pp | -23.4%-32.1pp | 8.7%+1.8pp | 7.0%+17.0pp | -10.0%-24.8pp | 14.8%+12.4pp | 2.4% |
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Frequently Asked Questions
What is Kronos Worldwide Inc's annual revenue?
Kronos Worldwide Inc (KRO) reported $1.9B in total revenue for fiscal year 2024. This represents a 13.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Kronos Worldwide Inc's revenue growing?
Kronos Worldwide Inc (KRO) revenue grew by 13.2% year-over-year, from $1.7B to $1.9B in fiscal year 2024.
Is Kronos Worldwide Inc profitable?
Yes, Kronos Worldwide Inc (KRO) reported a net income of $86.2M in fiscal year 2024, with a net profit margin of 4.6%.
What is Kronos Worldwide Inc's earnings per share (EPS)?
Kronos Worldwide Inc (KRO) reported diluted earnings per share of $0.75 for fiscal year 2024. This represents a 274.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Kronos Worldwide Inc's EBITDA?
Kronos Worldwide Inc (KRO) had EBITDA of $183.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Kronos Worldwide Inc have?
As of fiscal year 2024, Kronos Worldwide Inc (KRO) had $106.7M in cash and equivalents against $429.1M in long-term debt.
What is Kronos Worldwide Inc's gross margin?
Kronos Worldwide Inc (KRO) had a gross margin of 19.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Kronos Worldwide Inc's operating margin?
Kronos Worldwide Inc (KRO) had an operating margin of 6.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Kronos Worldwide Inc's net profit margin?
Kronos Worldwide Inc (KRO) had a net profit margin of 4.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Kronos Worldwide Inc pay dividends?
Yes, Kronos Worldwide Inc (KRO) paid $0.48 per share in dividends during fiscal year 2024.
What is Kronos Worldwide Inc's return on equity (ROE)?
Kronos Worldwide Inc (KRO) has a return on equity of 10.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Kronos Worldwide Inc's free cash flow?
Kronos Worldwide Inc (KRO) generated $43.0M in free cash flow during fiscal year 2024. This represents a 202.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Kronos Worldwide Inc's operating cash flow?
Kronos Worldwide Inc (KRO) generated $72.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Kronos Worldwide Inc's total assets?
Kronos Worldwide Inc (KRO) had $1.9B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Kronos Worldwide Inc's capital expenditures?
Kronos Worldwide Inc (KRO) invested $29.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Kronos Worldwide Inc spend on research and development?
Kronos Worldwide Inc (KRO) invested $14.0M in research and development during fiscal year 2024.
How many shares does Kronos Worldwide Inc have outstanding?
Kronos Worldwide Inc (KRO) had 115M shares outstanding as of fiscal year 2024.
What is Kronos Worldwide Inc's current ratio?
Kronos Worldwide Inc (KRO) had a current ratio of 2.32 as of fiscal year 2024, which is generally considered healthy.
What is Kronos Worldwide Inc's debt-to-equity ratio?
Kronos Worldwide Inc (KRO) had a debt-to-equity ratio of 0.53 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kronos Worldwide Inc's return on assets (ROA)?
Kronos Worldwide Inc (KRO) had a return on assets of 4.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Kronos Worldwide Inc's Altman Z-Score?
Kronos Worldwide Inc (KRO) has an Altman Z-Score of 1.84, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Kronos Worldwide Inc's Piotroski F-Score?
Kronos Worldwide Inc (KRO) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kronos Worldwide Inc's earnings high quality?
Kronos Worldwide Inc (KRO) has an earnings quality ratio of 0.84x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Kronos Worldwide Inc cover its interest payments?
Kronos Worldwide Inc (KRO) has an interest coverage ratio of 2.9x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Kronos Worldwide Inc?
Kronos Worldwide Inc (KRO) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.