NL INDUSTRIES INC

NL Industries Inc. reported significantly improved financial results for the second quarter and first six months of 2026. Net income for Q2 surged to $9.89 million, up from $1.05 million in the prior year, with EPS increasing to $0.18. The company also saw a substantial turnaround in operating cash flow for the first six months, moving from a deficit to a positive $7.42 million. Additionally, NLI Holdings, Inc. reincorporated in Delaware, and the company continues to manage ongoing environmental and legal contingencies.

NL Industries Inc. reported significantly improved financial results for the second quarter of 2026, with net income attributable to stockholders soaring to $9.0 million, or $0.18 per share, compared to $0.3 million, or $0.01 per share, in the prior year. The company also announced a quarterly dividend of $0.10 per share for the third quarter of 2026. Performance was driven by higher sales and segment profit from its CompX segment and a substantial turnaround in equity earnings from Kronos Worldwide, Inc.

NLI Holdings, Inc. reported a significant increase in net income attributable to stockholders, reaching $9.0 million, or $0.18 per share, in Q2 2026, up from $0.3 million, or $0.01 per share, in Q2 2025. This improvement was partly driven by an unrealized gain on marketable equity securities. Subsidiary CompX saw increased net sales and segment profit due to higher Security Products and Marine Components sales. Kronos also contributed positively with higher net sales and income from operations, benefiting from market share gains and lower production costs.

NLI Holdings, Inc. announced that its board of directors has declared a quarterly dividend of ten cents ($0.10) per share on its common stock. The dividend is scheduled to be paid on September 22, 2026, to stockholders of record as of the close of business on September 3, 2026. The company operates in component products (security and recreational marine) and chemicals (TiO2) businesses.

NL Industries Inc. announced that it expects to release its second quarter 2026 earnings after market close on Wednesday, August 5, 2026. The announcement is subject to the completion of quarter-end closing procedures. NL Industries is involved in component products, including security and recreational marine components, and the chemicals business, specifically TiO2.

NL Industries, Inc. completed its reincorporation from New Jersey to Delaware, effective May 26, 2026, merging with its wholly-owned subsidiary NLI Holdings, Inc. The surviving entity, NLI Holdings, Inc., will continue to trade under the symbol "NL" on the NYSE. This corporate action resulted in a name change for the company and the automatic conversion of outstanding shares on a one-for-one basis, without requiring shareholders to exchange certificates. The reincorporation did not alter the company's headquarters, business, management, or financial position, aside from associated costs and Delaware franchise taxes, and the Company assumed all prior liabilities.

NL Industries, Inc. held its 2026 annual shareholder meeting, where shareholders approved several key proposals, including the reincorporation from New Jersey to Delaware. This reincorporation will result in the company changing its name to NLI Holdings, Inc., expected to be effective around May 26, 2026. Additionally, shareholders elected eight directors and approved the executive compensation on a nonbinding advisory basis. The board also declared a quarterly dividend of $0.10 per share.

NL Industries, Inc. announced that its board of directors declared a quarterly dividend of ten cents ($0.10) per share, payable on June 23, 2026. At its 2026 annual shareholder meeting, shareholders elected eight directors for a one-year term and approved, on a nonbinding advisory basis, the compensation of its named executive officers. Additionally, shareholders approved the reincorporation of NL Industries from New Jersey to Delaware through a merger with its newly formed, wholly owned Delaware subsidiary, NLI Holdings, Inc., which will be the surviving corporation and named NLI Holdings, Inc. after the merger. The reincorporation and name change are expected to be effective around May 26, 2026.

NL Industries reported a significant increase in net income attributable to stockholders for Q1 2026, reaching $4.34 million, up from $0.67 million in Q1 2025. This translated to basic and diluted net income per share of $0.09, compared to $0.01 in the prior year. Net sales saw a slight increase to $40.57 million, while gross margin improved to $13.25 million. The company also declared a dividend of $0.10 per share.

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%.