NL Industries reports Q4 net loss, partly hurt by US pension plan termination

NLI Holdings

09/03/2026 20:27

Overview

Component products and chemicals firm reported Q4 net loss of $31 mln

Q4 revenue decreased slightly yr/yr due to lower Security Products sales

CompX segment profit rose in Q4 due to higher Marine Components sales

Outlook

Company did not provide specific guidance for future quarters or years in the press release

Result Drivers

SECURITY PRODUCTS SALES - Decrease in Q4 net sales attributed to lower Security Products sales to healthcare market, partially offset by higher Marine Components sales

KRONOS LOSSES - Significant equity losses from Kronos due to lower TiO2 prices and reduced operating rates

PENSION PLAN TERMINATION - Q4 net loss includes $19.7 mln loss related to termination of U.S. pension plan

Company press release: ID:nGNXKZPQ7

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
$37.7 mln
Q4 EPS
-$0.63
Q4 Pretax Profit
-$45.5 mln


Analyst Coverage

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 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.)