Quarterly ResultMay 6, 2026, 04:23 PM
NL Industries Q1 Net Income $4.3M, EPS $0.09
AI Summary
NL Industries, Inc. reported a significant increase in net income attributable to stockholders to $4.3 million, or $0.09 per share, in Q1 2026, up from $0.7 million, or $0.01 per share, in Q1 2025. This improvement was largely due to a $2.7 million unrealized gain on marketable equity securities, contrasting with an $8.5 million loss in the prior year. CompX segment profit rose to $7.1 million on slightly higher net sales, while equity in Kronos' earnings shifted to a $1.5 million loss, despite Kronos' net sales increasing by 4%.
Key Highlights
- Net income attributable to NL stockholders increased to $4.3 million in Q1 2026 from $0.7 million in Q1 2025.
- Diluted EPS rose to $0.09 per share in Q1 2026 from $0.01 per share in Q1 2025.
- Included a $2.7 million unrealized gain on marketable equity securities in Q1 2026, compared to an $8.5 million loss in Q1 2025.
- CompX's net sales were $40.6 million in Q1 2026, up from $40.3 million in Q1 2025.
- CompX's segment profit increased to $7.1 million in Q1 2026 from $5.9 million in Q1 2025.
- Equity in losses of Kronos was $1.5 million in Q1 2026, compared to earnings of $5.5 million in Q1 2025.
- Kronos' net sales increased 4% to $509.8 million in Q1 2026, driven by higher sales volumes and favorable currency.
- Kronos' income from operations decreased to $12.6 million in Q1 2026 from $38.4 million in Q1 2025.