NL Industries Q1 net income rises sharply on equity gains

NLI Holdings

06/05/2026 21:30

Overview

U.S. component products and chemicals maker's Q1 net income attributable to stockholders rose sharply yr/yr

CompX segment sales and profit increased, driven by higher marine component sales and improved margins

Kronos net sales rose 4%, but income from operations declined due to lower TiO2 prices and volumes

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

UNREALIZED GAINS - Results benefited from a $2.7 mln unrealized gain on marketable equity securities, compared to an $8.5 mln loss a year ago

COMPX SEGMENT PROFIT - CompX profit rose due to higher marine component sales and improved gross margin at Security Products from a more favorable customer and product mix

KRONOS OPERATING DECLINE - Kronos income from operations fell due to lower average TiO2 selling prices, lower production volumes, and unfavorable currency exchange rates, partly offset by higher sales volumes and lower production costs

Company press release: ID:nGNX3Q7nJP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$40.6 mln
Q1 Net Income
$5.1 mln
Q1 Operating Income
$4.1 mln
Q1 Pretax Profit
$6.6 mln


Analyst Coverage

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)