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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