Kronos Worldwide's Q4 net loss widens on lower prices, production curtailments

Overview

• Titanium dioxide producer reports Q4 2025 revenue of $418.3 mln, 1% down YoY

• Company reported Q4 net loss of $82.8 mln, impacted by lower TiO2 prices

• Higher unabsorbed fixed production costs and tax expenses impacted Q4 results

Outlook

• Company did not provide specific guidance for future quarters or full year

Result Drivers

• PRODUCTION CURTAILMENTS - Higher unabsorbed fixed production costs due to reduced operating rates impacted results

• LOWER TiO2 PRICES - Decline in average TiO2 selling prices contributed to lower net sales and increased losses

• HIGHER DISTRIBUTION COSTS - Increased distribution and warehousing costs, especially in Q1 2025, affected annual results

Company press release: ID:nGNE8ybb0g

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the commodity chemicals peer group is "buy"

• Wall Street's median 12-month price target for Kronos Worldwide Inc is $5.50, about 4% above its March 6 closing price of $5.29

• The stock recently traded at 81 times the next 12-month earnings vs. a P/E of 11 three months ago

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