Here are the 10-K annual reports from Kronos Worldwide, Inc. (KRO) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow KRO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KRO filings page.
Kronos Worldwide, Inc. reported a net loss of $110.9 million, or $.96 per share, for 2025, reversing net income of $86.2 million in 2024. Net sales slipped 1% to $1,859.4 million as titanium dioxide (TiO2) volumes rose 2% but average selling prices fell 4%.
Gross margin shrank to 11% from 19%, hurt by about $111 million of unabsorbed fixed production costs from operating rates cut to 77% of capacity, including a 55% rate in Q4. Higher warehousing and distribution costs, plus restructuring charges of roughly $10 million, further pressured results.
The company ended 2025 with total debt of about $557.4 million, including 9.50% senior secured notes due 2029, a term loan from Contran and borrowings under its global revolver. TiO2 still represented about 90% of net sales, with 45% of volumes sold into Europe and an estimated 15% European and 19% North American market share.