KRONOS WORLDWIDE INC
KRO · Industrial Inorganic Chemicals · 115.1M shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $3M (gross $3M)
Reference price $6.70 · est. market cap ~$771M — last insider purchase, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D48Cyclical TiO2 producer in a downturn — net loss, negative FCF and thin cash runway.
Strengths
- Top-four global TiO2 producer with leading European share and chloride-process capability
- Current ratio 2.7 (63.6th pct) and recently consolidated LPC for cost synergies
- Cost-reduction/curtailment actions underway to improve structure
Risks
- Net loss $110.9M; net margin -6% (30th), ROE -14.8% (18.2th pct), net income -228% (5.7th pct)
- Thin liquidity: cash $35M (22nd pct), ~3.5 quarters runway, negative FCF
- Commodity cyclicality and intensifying low-cost Chinese competition
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -6.0%)
- Cash burnNegative free cash flow (-40.4M)
- Customer concentration~90% of revenue from one customer/distributor — In 2025, approximately 90% of our sales were attributable to sales of TiO 2
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
11.5%
Operating margin
-2.0%
Net margin
-6.0%
Return on equity
-14.8%
Return on assets
-6.1%
ROIC
-2.2%
Revenue growth (QoQ)
21.9%
Net-income growth
-228.7%
Debt / equity
0.7×
Current ratio
2.7×
Free cash flow
-$40M
Tangible book value
$748M
Cash & investments
$35M
Cash runway
4q
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-18 | Kramer Kevin B | Buy | 3.7K | $6.70 |
| 2026-05-18 | Kramer Kevin B | Buy | 3.7K | $6.75 |
| 2026-05-18 | Kramer Kevin B | Buy | 335 | $6.76 |
| 2026-05-18 | Kramer Kevin B | Buy | 6.8K | $6.77 |
| 2026-05-13 | Simmons Michael Shawn | Grant | 5.5K | $7.22 |
| 2026-05-13 | Mendes Meredith W. | Grant | 5.5K | $7.22 |
| 2026-05-13 | Feehan Loretta J. | Grant | 5.5K | $7.22 |
| 2026-05-13 | Kramer Kevin B | Grant | 5.5K | $7.22 |
| 2026-05-13 | CHRISTIAN BRIAN W. | Grant | 5.5K | $7.22 |
| 2026-05-13 | Harper John E | Grant | 5.5K | $7.22 |
| 2026-05-13 | MOORE CECIL H JR | Grant | 5.5K | $7.22 |
| 2026-05-13 | TURNER R GERALD DR | Grant | 5.5K | $7.22 |
| 2025-08-15 | McCoy Kristin B | Buy | 2.0K | $6.05 |
| 2025-08-13 | NACE ANDREW B | Buy | 1.0K | $5.76 |
| 2025-08-13 | NACE ANDREW B | Buy | 1.0K | $5.77 |
| 2025-08-13 | NACE ANDREW B | Buy | 500 | $5.96 |
| 2025-08-13 | NACE ANDREW B | Buy | 500 | $5.98 |
| 2025-08-11 | Reichert Bart W | Buy | 20K | $4.96 |
| 2025-08-11 | Hanley Bryan A. | Buy | 2.5K | $4.90 |
| 2025-08-11 | Simmons Michael Shawn | Buy | 5.0K | $4.87 |
| 2025-08-11 | Samford Amy A. | Buy | 3.0K | $4.83 |
| 2025-05-14 | Harper John E | Grant | 2.8K | $7.17 |
| 2025-05-14 | Kramer Kevin B | Grant | 2.8K | $7.17 |
| 2025-05-14 | Mendes Meredith W. | Grant | 2.8K | $7.17 |
| 2025-05-14 | TURNER R GERALD DR | Grant | 2.8K | $7.17 |
| 2025-05-14 | MOORE CECIL H JR | Grant | 2.8K | $7.17 |
| 2025-05-14 | Feehan Loretta J. | Grant | 2.8K | $7.17 |
| 2025-03-11 | Hanley Bryan A. | Buy | 500 | $7.36 |
| 2025-03-11 | Hanley Bryan A. | Buy | 500 | $7.50 |
| 2025-03-11 | Kramer Kevin B | Buy | 3.0K | $7.37 |
| 2025-03-11 | Kramer Kevin B | Buy | 3.0K | $7.38 |
| 2025-03-11 | Kramer Kevin B | Buy | 1.0K | $7.42 |
| 2025-03-11 | Kramer Kevin B | Buy | 2.2K | $7.46 |
| 2025-03-11 | Kramer Kevin B | Buy | 1.8K | $7.47 |
| 2025-03-11 | Kramer Kevin B | Buy | 591 | $7.49 |
| 2025-03-11 | Kramer Kevin B | Buy | 386 | $7.50 |
| 2025-03-11 | Kramer Kevin B | Buy | 100 | $7.51 |
| 2025-03-11 | Kramer Kevin B | Buy | 1.9K | $7.53 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-13 | Shareholder voteReg FDExhibits | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-03-09 | ResultsExhibits | filing ↗ |
| 2026-02-25 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-11-06 | ResultsExhibits | filing ↗ |
| 2025-10-29 | Reg FDExhibits | filing ↗ |
| 2025-09-15 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-09-03 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-13 | 2026-05-13 | 0001257640-26-000026 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001104659-26-056246 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001257640-26-000023 ↗ |
| 8-K | 2026-03-09 | 2026-03-09 | 0001257640-26-000008 ↗ |
| 10-K | 2026-03-09 | 2025-12-31 | 0001104659-26-025219 ↗ |
| 8-K | 2026-02-25 | 2026-02-20 | 0001257640-26-000004 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001257640-25-000041 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001104659-25-107746 ↗ |
| 8-K | 2025-10-29 | 2025-10-29 | 0001257640-25-000037 ↗ |
| 8-K | 2025-09-15 | 2025-09-15 | 0001257640-25-000034 ↗ |
| 8-K | 2025-09-03 | 2025-09-03 | 0001257640-25-000030 ↗ |
| 8-K | 2025-09-03 | 2025-09-03 | 0001257640-25-000027 ↗ |