)
NL Industries (NL) investor relations material
NL Industries Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported a net loss attributable to stockholders of $7.8 million ($0.16/share) for Q3 2025, compared to net income of $36.0 million ($0.74/share) in Q3 2024, mainly due to equity losses in Kronos and unrealized losses on marketable securities.
For the first nine months of 2025, net loss attributable to stockholders was $6.8 million ($0.14/share), down from net income of $50.7 million ($1.04/share) in the same period of 2024.
Results were impacted by significant equity losses from Kronos and lower dividends.
Financial highlights
Q3 2025 net sales rose to $39.95 million from $33.67 million in Q3 2024; nine-month sales increased to $120.6 million from $107.5 million.
CompX segment profit grew 42% in Q3 2025 to $4.8 million and 40% for the nine months to $17.0 million.
Kronos reported equity losses of $11.3 million in Q3 2025 versus $21.9 million in earnings in Q3 2024; nine-month equity losses were $8.6 million versus $30.4 million in earnings.
Recognized an unrealized loss of $0.5 million on marketable equity securities in Q3 2025, compared to an $18.6 million gain in Q3 2024.
Interest and dividend income decreased to $2.1 million in Q3 2025 from $2.7 million in Q3 2024, with corporate expenses rising due to higher litigation fees.
Outlook and guidance
CompX expects Security Products sales to improve in 2025, mainly from government security markets, but softness in transportation and tool storage markets will partially offset gains.
Marine Components sales are expected to increase, driven by government and industrial demand and a one-time stocking event.
Kronos anticipates continued weak demand and lower operating rates in Q4 2025, with full-year results expected to be below 2024 due to pricing pressure and lower fixed cost absorption.
Management highlighted ongoing global uncertainty, trade policy impacts, and customer hesitancy to build inventories, prolonging the market downturn for TiO2.
Kronos is implementing cost reduction initiatives and expects to benefit from recent industry capacity reductions and anti-dumping duties in 2026.
Next NL Industries earnings date
Next NL Industries earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage