NYSE$KRO

Kronos Worldwide Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Kronos Worldwide Inc reported a net loss for Q2 2025 amid lower production volumes and reduced fixed cost absorption.

Kronos Worldwide Inc posted net sales of $494.4 million and a net loss of $9.2 million for the three months ended June 30, 2025. Operating income fell to $7.4 million due to higher unabsorbed fixed production costs from reduced operating rates. The company operated its TiO2 facilities at 81% utilization during the quarter.

  • Net sales declined 1% year-over-year to $494.4 million, driven by a 1% drop in average TiO2 selling prices and a 1% decrease in sales volumes.
  • Net loss of $9.2 million compared to net income of $19.5 million in Q2 2024, primarily due to unfavorable fixed cost absorption of approximately $20 million.
  • TiO2 sales volumes totaled 132,000 metric tons and production volumes were 125,000 metric tons at 81% capacity utilization.
  • Cash and cash equivalents decreased to $18.9 million while total assets rose to $1,940.4 million at quarter end.

Headline financials

Total Revenue

$494M

Previous: $501M-1.2%
EPS (adj)

-$0.08

Previous: $0.17-147.1%
TiO2 sales volume

132.0K

No prior period
TiO2 production volume

125.0K

No prior period
Capital Expenditures

-$23.2M

Previous: -$8.1M-186.4%
Net Income

-$9.2M

Previous: $19.5M-147.2%
Operating Income

$7.4M

Previous: $35.9M-79.4%
Gross Profit

$62.8M

Previous: $100M-37.3%
Cash & Equivalents

$18.9M

No prior period
Total Assets

$1.94B

No prior period

Revenue & EPS history

Kronos · Revenue · Quarterly

$494M

Q2 2025-1.2%vs Q2 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Kronos · $494M total across 1 segment · Q2 2025

  • TiO2
    $494M—

Forward guidance

Demand is expected to remain challenging through 2025 due to tariff uncertainty and customer caution, with lower operating results anticipated for the full year compared to 2024.

Tailwinds

  • Raw material, energy and input costs expected to moderate further in H2 2025
  • LPC acquisition integration progressing with long-term synergies anticipated
  • Global Revolver increased to $350 million providing additional liquidity

Headwinds

  • Customers hesitant to build inventories amid global trade tensions
  • Pricing pressure from lower demand and favorable TiO2 availability
  • Elevated U.S. inventory levels requiring reduced operating rates

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-1.2%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+4.7%

Avg return

30 days after

44%

27 / 62 earnings

Positive

+19.7%

Q3 2016

Best reaction

-19.8%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-2.9%-5.9%-17.6%
Q4 2025-3.3%-4.8%+20.3%
Q3 2025-7.0%+2.5%+0.2%
Q1 2025-2.0%+4.0%-10.1%
Q3 2024+4.6%-1.9%-12.9%
Q2 2024+0.5%+2.4%+2.7%
Q1 2024+4.1%+2.5%+9.4%
Q4 2023+15.7%+26.3%+38.9%
Q3 2023+14.5%+7.0%+31.5%
Q2 2023-6.9%-1.9%-10.1%
Q1 2023-8.9%-8.0%-3.5%
Q4 2022-13.2%-17.8%-18.1%
Q3 2022-7.9%-0.5%-3.3%
Q2 2022-6.2%-12.1%-27.4%
Q1 2022+1.2%-0.8%+21.6%
Q4 2021+8.6%+11.2%+11.6%
Q3 2021+4.3%+2.8%+3.2%
Q2 2021-6.3%-5.3%-6.7%
Q1 2021-0.1%-1.5%-7.1%
Q4 2020+1.1%-2.8%+4.9%
Q3 2020-0.4%+1.1%+8.1%
Q2 2020+5.4%+10.8%+11.9%
Q1 2020-5.6%+2.4%+20.5%
Q4 2019-12.6%-7.6%+16.0%
Q3 2019+7.6%+8.7%+2.3%
Q2 2019-5.8%-11.3%-4.8%
Q1 2019+2.4%+1.0%+8.5%
Q4 2018-4.8%-5.9%-2.9%
Q3 2018-15.2%-16.2%-26.6%
Q2 2018-0.3%-4.9%-11.8%
Q1 2018-6.0%-1.8%+4.5%
Q4 2017+0.0%-1.7%-3.9%
Q3 2017+0.5%+3.2%-3.0%
Q2 2017-11.5%-7.9%-0.9%
Q1 2017+7.8%+12.7%+8.4%
Q4 2016+7.1%+10.2%+16.7%
Q3 2016+19.7%+38.0%+57.0%
Q2 2016+12.5%+15.4%+51.0%
Q1 2016-3.0%——
Q4 2015-2.3%——
Q3 2015-14.4%——
Q2 2015-19.8%——
Q1 2015-9.4%——
Q4 2014+7.8%——
Q3 2014-0.9%——
Q2 2014-0.7%——
Q1 2014-4.7%——
Q4 2013+8.0%——
Q3 2013+2.1%——
Q2 2013-2.5%——
Q1 2013-3.0%——
Q4 2012-2.1%——
Q3 2012+2.1%——
Q2 2012+4.4%——
Q1 2012-11.1%——
Q4 2011+0.8%——
Q3 2011+2.7%——
Q2 2011-19.2%——
Q1 2011-4.7%——
Q4 2010+3.6%——
Q2 2010+7.8%——
Q1 2010-5.2%——

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