Kronos Worldwide (KRO) AI Stock Analysis

• Market Cap: $704.13M
• Dividend Yield: 3.27%
• Average Volume (3M): 423.95K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 1.53
• Revenue Growth: 6.51%
• EPS Growth: 3457.58%
• Country: US
• Employees: 2,524
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Chemicals - Specialty
• EPS (TTM): -0.08
• Shares Outstanding: 115,053,116
• 10 Day Avg. Volume: 384,994
• 30 Day Avg. Volume: 423,952
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.85
• Enterprise Value/Revenue: 0.69
• Enterprise Value/Gross Profit: 3.64
• Enterprise Value/Ebitda: 5.28
• 1Y Price Target: $6.50
• Price Target Upside: 4.84% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: $6.50 ▲(4.84% Upside)

Kronos Worldwide's overall stock score reflects a combination of mixed financial performance, neutral technical indicators, and attractive valuation. The company's operational efficiency is offset by revenue growth challenges and increased leverage. Technical analysis suggests short-term stability, while valuation metrics indicate potential undervaluation. Corporate events highlight ongoing operational challenges.

Kronos Worldwide Business Overview & Revenue Model

Company Description

Kronos Worldwide, Inc. is a leading global producer and marketer of titanium dioxide pigments, which are essential for a wide range of applications including paints, coatings, plastics, and paper. The company operates primarily in the specialty chemicals sector and has a strong focus on sustainability and innovation. With manufacturing facilities located in North America and Europe, Kronos serves a diverse client base, providing high-quality products that enhance the durability and appearance of end-use materials.

How the Company Makes Money

Kronos Worldwide generates revenue primarily through the sale of titanium dioxide pigments, which are sold to various industries such as automotive, construction, and consumer goods. The company's revenue model is largely based on volume sales and pricing strategies that reflect market demand and raw material costs. Key revenue streams include direct sales to manufacturers and distributors, as well as long-term contracts with major clients that ensure a steady flow of income. Additionally, fluctuations in global market prices for titanium dioxide and raw materials can significantly impact profitability. The company also benefits from strategic partnerships with suppliers and distributors, which help to optimize its supply chain and expand market reach. Overall, Kronos's earnings are influenced by economic conditions, industry trends, and advancements in product development that drive demand for its pigment solutions.

Kronos Worldwide Financial Statement Overview

Summary

Kronos Worldwide shows mixed financial performance. Positive EBIT and EBITDA margins indicate operational efficiency, but declining revenue growth and increased leverage are concerning. Negative cash flows highlight liquidity challenges, necessitating improved revenue growth and debt management.

Income Statement

Kronos Worldwide's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth rate by 32.1%, reflecting a challenging market environment. Gross profit margin has decreased slightly from previous years, and net profit margin has also declined. However, the company maintains positive EBIT and EBITDA margins, suggesting operational efficiency. The revenue growth rate has fluctuated over the years, indicating potential volatility in sales performance.

Balance Sheet

The balance sheet of Kronos Worldwide demonstrates moderate financial stability. The debt-to-equity ratio has increased to 0.72 in the TTM period, indicating higher leverage compared to previous years. However, the company maintains a reasonable equity ratio, and return on equity remains positive, albeit lower than in previous years. The increase in total debt could pose a risk if not managed carefully.

Cash Flow

Kronos Worldwide's cash flow statement reveals some concerns. The TTM data shows negative operating and free cash flows, which could impact liquidity. Despite a significant improvement in free cash flow growth rate, the operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio is unusually high due to negative free cash flow, suggesting potential cash management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.89B	1.89B	1.67B	1.93B	1.94B	1.64B
Gross Profit	357.20M	359.30M	164.90M	391.10M	446.20M	351.20M
EBITDA	246.50M	256.90M	-2.70M	207.00M	230.90M	163.60M
Net Income	67.50M	86.20M	-49.10M	104.50M	112.90M	63.90M
Balance Sheet
Total Assets	1.94B	1.91B	1.84B	1.93B	2.01B	2.04B
Cash, Cash Equivalents and Short-Term Investments	22.30M	106.70M	194.70M	327.80M	406.00M	355.30M
Total Debt	610.60M	528.00M	463.40M	446.40M	470.70M	512.90M
Total Liabilities	1.09B	1.10B	1.03B	977.20M	1.14B	1.24B
Stockholders Equity	846.80M	817.00M	808.30M	957.20M	870.20M	796.50M
Cash Flow
Free Cash Flow	-25.50M	43.00M	-41.90M	18.50M	147.90M	39.70M
Operating Cash Flow	-4.10M	72.50M	5.50M	81.70M	206.50M	102.50M
Investing Cash Flow	-201.40M	-186.30M	-47.40M	-63.10M	-58.60M	-61.30M
Financing Cash Flow	88.80M	26.50M	-91.60M	-91.50M	-86.70M	-85.30M

Kronos Worldwide Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KRO, the sentiment is Positive. The current price of 6.2 is above the 20-day moving average (MA) of 5.99, above the 50-day MA of 6.03, and below the 200-day MA of 7.69, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 53.99 is Neutral, neither overbought nor oversold. The STOCH value of 27.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KRO.

Kronos Worldwide Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SCL	67 Neutral	$1.12B	19.54	4.77%	3.07%	2.64%	66.43%
OLN	65 Neutral	$2.76B	41.89	-0.69%	3.16%	1.49%	-105.20%
KRO	64 Neutral	$704.13M	10.43	8.33%	3.27%	6.51%	3457.58%
IOSP	63 Neutral	$2.13B	113.87	1.55%	1.90%	-5.45%	-87.13%
Sector *	62 Neutral	$10.28B	6.21	0.76%	2.84%	3.10%	-36.03%
OEC	53 Neutral	$579.46M	37.39	3.11%	0.80%	-3.79%	-79.76%
CC	51 Neutral	$2.26B	59.33	-87.50%	4.47%	2.48%	-459.90%

Kronos Worldwide Corporate Events

Kronos Worldwide Sells €75M Senior Secured Notes

On September 3, 2025, Kronos Worldwide, Inc. announced that its subsidiary, Kronos International, Inc., has agreed to sell €75 million in senior secured notes due 2029 through a private placement. The notes, priced at a premium of 105%, were oversubscribed, and the proceeds are expected to be around €78.8 million. The funds will be used to pay off existing debts due in September 2025 and for general corporate purposes. The closing of this offering is anticipated around September 15, 2025, subject to customary conditions.

Kronos Worldwide Announces €75M Senior Notes Offering

On September 3, 2025, Kronos Worldwide, Inc. announced a private offering of €75 million in senior secured notes by its subsidiary, Kronos International, Inc. The proceeds from this offering are intended to repay existing debts and for general corporate purposes. The company also provided a business update indicating a slowdown in customer demand due to high interest rates and inflation concerns, leading to reduced operating rates and elevated inventory levels. Despite these challenges, Kronos expects to improve its position with cost reduction initiatives and recent tariffs and anti-dumping duties against Chinese producers, which may enhance pricing and demand for TiO2 in 2026 and beyond.

Kronos Worldwide Announces CFO Retirement and Succession

On August 6, 2025, Kronos Worldwide announced the retirement of Tim C. Hafer as CFO, effective August 8, 2025, with Bradley E. Troutman succeeding him. The company reported a net loss of $9.2 million in Q2 2025, compared to a net income of $19.5 million in Q2 2024, primarily due to lower production volumes and increased costs. The acquisition of Louisiana Pigment Company, L.P. in 2024 impacted results, while global uncertainties and currency fluctuations affected sales and profits.

Kronos Worldwide Expands Credit Facility by $50 Million

On July 17, 2025, Kronos Worldwide, Inc. announced a fourth amendment to its Credit Agreement, increasing its asset-based revolving credit facility from $300 million to $350 million. This amendment aims to provide additional liquidity for general corporate purposes and support near-term debt maturities, including €75 million in outstanding notes due in September 2025.