KRONOS WORLDWIDE, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $1.86B | $1.89B | $1.67B | $1.93B | $1.94B | $1.64B | $1.73B |
| Cost of Revenue | — | $1.65B | $1.53B | $1.50B | $1.54B | $1.49B | $1.29B | $1.34B |
| Gross Profit | — | $213.0M | $359.3M | $164.9M | $391.1M | $446.2M | $351.2M | $386.2M |
| Gross Margin | — | 11.5% | 19.0% | 9.9% | 20.3% | 23.0% | 21.4% | 22.3% |
| Operating Expenses | ||||||||
| Research & Development | — | $16.0M | $14.0M | $18.0M | $15.0M | $17.0M | $16.0M | $17.0M |
| SG&A Expense | — | $245.2M | $225.6M | $211.2M | $231.3M | $248.9M | $218.6M | $228.2M |
| Operating Income | — | $-36.5M | $122.9M | $-56.0M | $159.6M | $187.1M | $116.2M | $145.8M |
| Operating Margin | — | -2.0% | 6.5% | -3.4% | 8.3% | 9.6% | 7.1% | 8.4% |
| Interest Expense | — | — | — | $17.1M | $16.9M | $19.6M | $19.0M | $18.7M |
| Pretax Income | — | $-97.4M | $149.6M | $-72.9M | $133.9M | $153.4M | $80.0M | $121.1M |
| Income Tax Expense | — | $13.5M | $63.4M | $-23.8M | $29.4M | $40.5M | $16.1M | $34.0M |
| Net Income | — | $-110.9M | $86.2M | $-49.1M | $104.5M | $112.9M | $63.9M | $87.1M |
| Net Margin | — | -6.0% | 4.6% | -2.9% | 5.4% | 5.8% | 3.9% | 5.0% |
| EPS (Basic) | — | $-0.96 | $0.75 | $-0.43 | $0.90 | $0.98 | $0.55 | $0.75 |
| EPS (Diluted) | — | $-0.96 | $0.75 | $-0.43 | $0.90 | $0.98 | $0.55 | $0.75 |
| Shares Outstanding (Basic) | 115.1M | 115.0M | 115.0M | 115.1M | 115.5M | 115.5M | 115.6M | 115.8M |
| Shares Outstanding (Diluted) | 115.1M | 115.0M | 115.0M | 115.1M | 115.5M | 115.5M | 115.6M | 115.8M |
| Dividends Per Share | — | $0.20 | $0.48 | $0.76 | $0.76 | $0.72 | $0.72 | $0.72 |