Companies /Basic Materials

Kronos Worldwide Inc

NYSE: KRO Specialty Chemicals
$8.05
▼ $0.09 (−1.11%) today
Markets closed · 12:45am ET

Q2 2025 Earnings

Reported Aug 6, 2025, 4:16pm ET · SEC source
$-0.08
Miss −158.87%
EPS · est. $0.14
$494.4M
Miss −2.05%
Revenue · est. $504.7M
+23.2%
Beating market
KRO vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−12%−8%−4%0Aug 6Aug 7report 4:16pm ETearnings+0.1%−7.9%
−12%−8%−4%0Aug 6Aug 7earnings+0.1%−7.9%
KRO −7.9%S&P 500 +0.1%
−10%−5%0Aug 6Aug 7report 4:16pm ETearnings+0.5%−7.9%
−10%−5%0Aug 6Aug 7earnings+0.5%−7.9%
KRO −7.9%NASDAQ +0.5%
−8%0+8%+16%Aug 5Aug 14report 4:16pm ETearnings+2.0%+13.7%
−8%0+8%+16%Aug 5Aug 14earnings+2.0%+13.7%
KRO +13.7%S&P 500 +2.0%
−8%0+8%+16%Aug 5Aug 14report 4:16pm ETearnings+2.2%+13.7%
−8%0+8%+16%Aug 5Aug 14earnings+2.2%+13.7%
KRO +13.7%NASDAQ +2.2%
−7.93%
Day of report
−2.61%
Next session
+23.45%
One week
+26.05%
30 days

S&P 500 over the same 30 days: +2.86%.

Did KRO Beat Earnings? Q2 2025 Results

Kronos Worldwide delivered a painful second-quarter disappointment, swinging to a loss of $0.08 per share against a consensus estimate of $0.14, a miss of 158.87%, as the titanium dioxide producer grappled with sharply lower production volumes that left roughly $20.00 million in fixed costs unabsorbed during the period. Revenue slipped 1.2% year-over-year to $494.40 million, falling short of the $504.73 million analysts had anticipated, pressured by softer average TiO2 selling prices, an unfavorable product mix, and weaker export volumes. The operational drag was severe: segment profit collapsed to $10.90 million from $41.10 million a year ago, and EBITDA fell to $22.20 million from $56.20 million, as the company ran its facilities at just 81% of practical capacity compared to 99% in Q2 2024. Looking ahead, management offered little comfort, noting that U.S. trade policy uncertainty, geopolitical tensions, and customer reluctance to build inventories have deferred any meaningful market recovery and continued to weigh on both pricing momentum and volumes. An executive vice president's recent open-market share purchase offered a modest signal of internal confidence amid the turbulence.

Key Takeaways
  • Lower production volumes resulting in approximately $20 million of unabsorbed fixed production costs in Q2 2025
  • Reduced operating rates — facilities at 81% capacity in Q2 2025 vs. 99% in Q2 2024
  • Average TiO2 selling prices declined 1% YoY in Q2 and 4% during H1 2025
  • Higher cost inventory produced in Q1 flowing through cost of sales in Q2
  • Currency exchange rate fluctuations (primarily euro) increased segment profit by approximately $14 million in Q2 2025
  • Lower sales volumes in export markets partially offset by higher North American sales volumes

Forward Guidance & Outlook

Management indicated the TiO2 industry has been impacted by global uncertainty related to U.S. trade policies, geopolitical tensions, and general customer hesitancy to build inventories, which have deferred any anticipated market recovery and negatively impacted sales volumes and pricing momentum. Average TiO2 selling prices declined 4% during the first six months of 2025 after starting the year 2% above prior-year levels.

KRO YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$200.0M$400.0M$500.5M$494.4MRevenue$100.2M$62.8MGross Profit$35.9M$7.4MOperating Income
$0$200.0M$400.0MRevenueGross ProfitOperating Income

KRO Revenue by Segment

TiO2$494.4M

Figures from SEC filings and company reports. Not investment advice.