Kronos Worldwide

Kronos Worldwide (KRO) Q4 2025 Earnings

Reported Mar 9, 2026 at 4:17 PM ET · SEC Source

Q4 25 EPS

$-0.72

MISS 195.69%

Est. $-0.24

Q4 25 Revenue

$418.3M

BEAT +12.07%

Est. $373.3M

vs S&P Since Q4 25

+19.3%

BEATING MARKET

KRO +28.9% vs S&P +9.6%

Full Year 2025 Results

FY 25 EPS

$-0.96

FY 25 Revenue

$1.86B

Market Reaction

Did KRO Beat Earnings? Q4 2025 Results

Kronos Worldwide delivered a deeply disappointing fourth quarter, posting a loss of $0.72 per share against a consensus estimate of $0.24, a miss of nearly 196% that underscored the severity of the TiO2 market's deterioration. Revenue came in at $418… Read more Kronos Worldwide delivered a deeply disappointing fourth quarter, posting a loss of $0.72 per share against a consensus estimate of $0.24, a miss of nearly 196% that underscored the severity of the TiO2 market's deterioration. Revenue came in at $418.30 million, topping estimates by 12.07%, yet still fell 1.1% from a year earlier, a combination that highlights how volume gains alone cannot offset the weight of collapsing margins. The single most damaging factor was a dramatic pullback in production capacity, with facilities running at just 55% of practical capacity in Q4 2025 compared to 97% a year prior, generating roughly $54.00 million in unabsorbed fixed costs for the quarter alone. Average TiO2 selling prices also fell 8% year-over-year in the period, compounding the operational pain. Additional charges, including $10.30 million in restructuring costs and a $9.00 million pension settlement loss, deepened the quarterly net loss to $82.80 million, and analysts watching the stock have broadly maintained skeptical outlooks, reflecting concern that a meaningful profit recovery remains elusive.

Key Takeaways

  • Higher unabsorbed fixed production costs from production curtailments (facilities at 55% capacity in Q4 2025 vs 97% in Q4 2024)
  • Lower average TiO2 selling prices (down 8% YoY in Q4, down 4% for full year)
  • Higher TiO2 sales volumes (up 7% in Q4 YoY, up 2% for full year)
  • Approximately $54 million of unabsorbed fixed production costs in Q4 2025
  • Workforce reduction restructuring costs of approximately $10.3 million in Q4
  • $9.0 million pension plan termination settlement loss in Q4
  • $8.5 million non-cash deferred income tax expense for German valuation allowance in Q4
  • Currency exchange rate fluctuations (primarily euro) increased Q4 net sales by approximately $13 million
24/7 Wall St

KRO YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

KRO Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26