Kronos Worldwide (KRO) AI Stock Analysis

• Market Cap: $732.89M
• Dividend Yield: 4.39%
• Average Volume (3M): 277.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.42
• Revenue Growth: <0.01%
• EPS Growth: -143.88%
• Country: US
• Employees: 2,524
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): -0.32
• Shares Outstanding: 115,053,116
• 10 Day Avg. Volume: 222,323
• 30 Day Avg. Volume: 277,441
• PEG Ratio: -0.05
• Price to Book (P/B): 1.37
• Price to Sales (P/S): 0.59
• P/FCF Ratio: 26.08
• Enterprise Value/Market Cap: 1.78
• Enterprise Value/Revenue: 0.70
• Enterprise Value/Gross Profit: 4.30
• Enterprise Value/Ebitda: 10.98
• 1Y Price Target: $5.00
• Price Target Upside: -15.40% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: $5.50 ▼(-6.94% Downside)
• Action: Reiterated Date: 12/09/25
• Date: Action: Reiterated 12/09/25

Kronos Worldwide's overall stock score is primarily influenced by its challenging financial performance and bearish technical indicators. The high dividend yield provides some support, but the negative P/E ratio and weak market momentum are significant concerns. The company's commitment to dividends is a positive aspect but does not offset the broader financial and technical challenges.

Positive Factors

Market leadership & diversified end markets

Kronos is a leading global TiO2 producer supplying coatings, plastics and paper. Structural diversification across end markets and specialty grades reduces reliance on any single sector, supporting steady demand and resilience in revenue over the next several months.

Manageable leverage

The balance sheet shows moderate leverage with debt-to-equity below 1, providing financial flexibility to fund operations and investments. This manageable capital structure helps absorb cyclical pressure and buy time for operational fixes without immediate solvency risk.

Committed shareholder returns

The reinstatement/continuation of a regular quarterly dividend signals management discipline on capital allocation and a priority on returning cash to shareholders. A cash-distribution policy can anchor investor expectations and indicate confidence in medium-term cash generation.

Negative Factors

Declining profitability and margins

TTM declines in revenue growth and contraction in gross, EBIT and EBITDA margins show structural margin pressure, likely from cost or pricing dynamics. Sustained negative net margins erode reinvestment capacity and require operational improvement to restore long-term profitability.

Weak cash generation and volatility

Negative operating and free cash flow and a negative operating cash flow to net income ratio limit the firm's ability to self-fund capex, dividends, and debt service. Cash volatility raises refinancing and liquidity risk, constraining strategic flexibility over the medium term.

Eroding returns amid rising leverage

An uptick in leverage combined with negative return on equity indicates capital is not producing adequate returns. This dynamic heightens financial risk, can limit access to cheaper funding, and makes it harder to invest in growth until profitability and ROE recover.

Kronos Worldwide Business Overview & Revenue Model

Company Description

Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics. It also produces ilmenite, a raw material used directly as a feedstock by sulfate-process TiO2 plants; iron-based chemicals, which are used as treatment and conditioning agents for industrial effluents and municipal wastewater, as well as in the manufacture of iron pigments, cement, and agricultural products; specialty chemicals for use in the formulation of pearlescent pigments, and production of electroceramic capacitors for cell phones and other electronic devices, as well as for use in pearlescent pigments, natural gas pipe, and other specialty applications. In addition, the company provides technical services for its products. It sells its products under the KRONOS brand through agents and distributors to paint, plastics, decorative laminate, and paper manufacturers. The company was founded in 1916 and is headquartered in Dallas, Texas. Kronos Worldwide, Inc. operates as a subsidiary of Valhi, Inc.

How the Company Makes Money

Kronos Worldwide generates revenue primarily through the production and sale of titanium dioxide pigment. The company's revenue model is heavily reliant on the volume of TiO2 sold and the pricing dynamics of the commodity market. Key revenue streams include sales to manufacturers in the coatings, plastics, and paper industries, with a significant focus on both domestic and international markets. Additionally, Kronos benefits from long-term contracts with major clients, which provide a stable income source. The company also engages in strategic partnerships and joint ventures that enhance its production capabilities and market reach, contributing further to its earnings. Fluctuations in raw material costs, particularly for feedstocks like ilmenite and rutile, as well as changes in demand across various sectors, are significant factors that influence its revenue and profitability.

Kronos Worldwide Financial Statement Overview

Summary

Kronos Worldwide is experiencing financial challenges with declining revenue and profitability, as indicated by a low income statement score. The balance sheet is stable but shows increased leverage and negative returns on equity. Cash flow volatility is a concern, although historical data suggests potential for improvement.

Income Statement

Kronos Worldwide's income statement shows a challenging period with declining revenue growth and negative net profit margins in the TTM. The gross profit margin has decreased from previous years, indicating pressure on profitability. The EBIT and EBITDA margins have also contracted, reflecting operational challenges. However, the company has shown resilience in past years with positive revenue growth and profitability, suggesting potential for recovery.

Balance Sheet

The balance sheet indicates moderate leverage with a debt-to-equity ratio under 1, which is manageable but has increased over the years. The return on equity has turned negative in the TTM, highlighting profitability issues. The equity ratio remains stable, suggesting a balanced asset structure. Overall, the balance sheet reflects a stable yet cautious financial position.

Cash Flow

Cash flow analysis reveals significant volatility, with negative operating and free cash flows in the TTM. The free cash flow growth rate is positive, indicating some improvement, but the operating cash flow to net income ratio is negative, highlighting cash generation challenges. Historical data shows better cash flow management, suggesting potential for improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.86B	1.89B	1.67B	1.93B	1.94B	1.64B
Gross Profit	303.00M	359.30M	164.90M	391.10M	446.20M	351.20M
EBITDA	118.70M	256.90M	-2.70M	207.00M	230.90M	163.60M
Net Income	-41.30M	86.20M	-49.10M	104.50M	112.90M	63.90M
Balance Sheet
Total Assets	1.91B	1.91B	1.84B	1.93B	2.01B	2.04B
Cash, Cash Equivalents and Short-Term Investments	27.70M	106.70M	194.70M	327.80M	406.00M	355.30M
Total Debt	647.10M	528.00M	463.40M	446.40M	470.70M	512.90M
Total Liabilities	1.10B	1.10B	1.03B	977.20M	1.14B	1.24B
Stockholders Equity	804.70M	817.00M	808.30M	957.20M	870.20M	796.50M
Cash Flow
Free Cash Flow	-62.10M	43.00M	-41.90M	18.50M	147.90M	39.70M
Operating Cash Flow	-40.30M	72.50M	5.50M	81.70M	206.50M	102.50M
Investing Cash Flow	-45.00M	-186.30M	-47.40M	-63.10M	-58.60M	-61.30M
Financing Cash Flow	19.20M	26.50M	-91.60M	-91.50M	-86.70M	-85.30M

Kronos Worldwide Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.91
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KRO, the sentiment is Neutral. The current price of 5.91 is below the 20-day moving average (MA) of 5.99, above the 50-day MA of 5.37, and above the 200-day MA of 5.63, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 50.84 is Neutral, neither overbought nor oversold. The STOCH value of 22.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KRO.

Kronos Worldwide Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IOSP	73 Outperform	$2.14B	18.51	-0.09%	2.19%	-4.49%	-100.80%
SXT	65 Neutral	$3.89B	29.02	12.31%	1.70%	4.25%	56.51%
MTX	63 Neutral	$2.26B	-140.77	-1.07%	0.74%	-2.53%	-100.23%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AVNT	59 Neutral	$3.97B	48.51	3.49%	3.48%	1.03%	-24.57%
CC	55 Neutral	$3.17B	-9.20	-87.12%	4.37%	2.12%	-579.74%
KRO	47 Neutral	$732.89M	-17.60	-5.00%	4.39%	<0.01%	-143.88%