Kronos Worldwide inc (NYSE: KRO) |
|
Price: $9.2500
$-0.24
-2.529%
|
Day's High:
| $9.39
| Week Perf:
| -4.24 %
|
Day's Low: |
$ 9.18 |
30 Day Perf: |
1.65 % |
Volume (M): |
93 |
52 Wk High: |
$ 14.50 |
Volume (M$): |
$ 858 |
52 Wk Avg: |
$11.33 |
Open: |
$9.31 |
52 Wk Low: |
$8.33 |
|
|
Market Capitalization (Millions $) |
1,064 |
Shares
Outstanding (Millions) |
115 |
Employees |
550 |
Revenues (TTM) (Millions $) |
1,863 |
Net Income (TTM) (Millions $) |
-46 |
Cash Flow (TTM) (Millions $) |
-200 |
Capital Exp. (TTM) (Millions $) |
23 |
Kronos Worldwide Inc
Kronos Worldwide, Inc. (NYSE: KRO) (Kronos), a Delaware corporation, is a leading
global producer and marketer of value-added titanium dioxide pigments, or TiO2,
a base industrial product used in a wide range of applications. We, along with
our distributors and agents, sell and provide technical services for our products
to approximately 4,000 customers in 100 countries with the majority of sales
in Europe and North America. We believe we have developed considerable expertise
and efficiency in the manufacture, sale, shipment and service of our products
in domestic and international markets.
TiO2 is a white inorganic pigment used in a wide range of products for its
exceptional durability and its ability to impart whiteness, brightness and opacity.
TiO2 is a critical component of everyday applications, such as coatings, plastics
and paper, as well as many specialty products such as inks, food and cosmetics.
TiO2 is widely considered to be superior to alternative white pigments in large
part due to its hiding power (or opacity), which is the ability to cover or
mask other materials effectively and efficiently. TiO2 is designed, marketed
and sold based on specific end-use applications.
TiO2 is the largest commercially used whitening pigment because it has a high
refractive rating, giving it more hiding power than any other commercially produced
white pigment. In addition, TiO2 has excellent resistance to interaction with
other chemicals, good thermal stability and resistance to ultraviolet degradation.
Although there are other white pigments on the market, we believe there are
no effective substitutes for TiO2 because no other white pigment has the physical
properties for achieving comparable opacity and brightness or can be incorporated
in as cost-effective a manner. Pigment extenders such as kaolin clays, calcium
carbonate and polymeric opacifiers are used together with TiO2 in a number of
end-use markets. However, these products are not able to duplicate the opacity
performance characteristics of TiO2 and we believe these products are unlikely
to have a significant impact on the use of TiO2.
TiO2 is considered a “quality-of-life” product. Demand for TiO2
has generally been driven by worldwide gross domestic product and has generally
increased with rising standards of living in various regions of the world. According
to industry estimates, TiO2 consumption has grown at a compound annual growth
rate of approximately 3% since 1990. Per capita consumption of TiO2 in Western
Europe and the United States far exceeds that in other areas of the world, and
these regions are expected to continue to be the largest consumers of TiO2 on
a per capita basis. We believe that Western Europe and North America currently
account for approximately 20% and 17% of global TiO2 consumption, respectively.
Markets for TiO2 are generally increasing in South America, Eastern Europe,
the Asia Pacific region and China and we believe these are significant markets
where we expect continued growth as economies in these regions continue to develop
and quality-of-life products, including TiO2, experience greater demand.
At December 31, 2016, approximately 50% of our common stock was owned by Valhi,
Inc. (NYSE: VHI) and approximately 30% was owned by a wholly-owned subsidiary
of NL Industries, Inc. (NYSE: NL). Valhi also owns approximately 83% of NL Industries’
outstanding common stock. A wholly-owned subsidiary of Contran Corporation held
approximately 93% of Valhi’s outstanding common stock. As discussed in
Note 1 to our Consolidated Financial Statements, Lisa K. Simmons and Serena
Simmons Connelly may be deemed to control Contran, Valhi, NL and us.
Company Address: 5430 LBJ Freeway Dallas 75240 TX
Company Phone Number: 233-1700 Stock Exchange / Ticker: NYSE KRO
|
|
Customers Net Income grew by |
KRO's Customers Net Profit Margin grew to |
32.77 % |
3.85 %
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Dividend
Published Wed, Oct 30 2024 8:15 PM UTC
In a recent announcement that highlights its commitment to shareholder returns, Kronos Worldwide, Inc. (NYSE: KRO) has declared its regular quarterly dividend. The Dallas-based chemical company will distribute a dividend of five cents ($0.05) per share on its common stock. This payout will be made on December 12, 2024, to shareholders who are on record as of the close of bus...
|
Stocks on the Move
Published Thu, Aug 15 2024 6:33 AM UTC
In a landscape marked by uncertainty and strategic recalibration, Kronos Worldwide, Inc. (NYSE: KRO) has emerged as a focal point of interest following its recent acquisition announcement and industry positioning actions. This week, the market observed notable developments surrounding Kronos, particularly its acquisition of a 50% interest in the Louisiana Pigment Company (LP...
|
Financing Agreement
Published Tue, Jul 23 2024 7:16 AM UTC
KRONOS WORLDWIDE, INC. EXPANDS DEBT CAPITAL THROUGH PRIVATE OFFERING Dallas, Texas, July 23, 2024 - Kronos Worldwide, Inc. (NYSE: KRO) made a significant announcement today regarding its plans to raise debt capital through a private offering of an additional 75 million aggregate principal amount of 9.50% Senior Secured Notes due 2029. This offering is being facilitated b...
|
Financing Agreement
Published Wed, Jul 17 2024 4:26 PM UTC
KRONOS WORLDWIDE, INC. SETS A STRATEGIC COURSE WITH KEY ANNOUNCEMENTS Dallas, Texas, July 17, 2024 Kronos Worldwide, Inc. (NYSE: KRO) has made significant strides towards securing its position as a leader in the global titanium dioxide market with a series of major announcements today. The company is thrilled to unveil its latest achievements, including the acquisition...
|
Dividend
Published Wed, May 15 2024 8:15 PM UTC
Dallas, Texas-based Kronos Worldwide, Inc. (NYSE: KRO) recently held its annual stockholder meeting, where important decisions were made. The company s board of directors declared a regular quarterly dividend of $0.19 per share on its common stock. This dividend will be payable on June 20, 2024, to stockholders of record as of the close of business on June 10, 2024...
|
Per Share |
Current |
Earnings (TTM) |
0.23 $ |
Revenues (TTM) |
16.2 $
|
Cash Flow (TTM) |
- |
Cash |
0.85 $
|
Book Value |
7.37 $
|
Dividend (TTM) |
0.62 $ |
|
Per Share |
|
Earnings (TTM) |
0.23 $
|
Revenues (TTM) |
16.2 $ |
Cash Flow (TTM) |
- |
Cash |
0.85 $
|
Book Value |
7.37 $ |
Dividend (TTM) |
0.62 $ |
|
|
|
Point of origin |
|
100.1 % |
of total Revenue |
Point of origin Reportable geographical components United States |
|
59.89 % |
of total Revenue |
Point of origin Reportable geographical components Germany |
|
44.9 % |
of total Revenue |
Point of origin Reportable geographical components Canada |
|
18.77 % |
of total Revenue |
Point of origin Reportable geographical components Belgium |
|
13.34 % |
of total Revenue |
Point of origin Reportable geographical components Norway |
|
13.69 % |
of total Revenue |
Point of origin Eliminations |
|
-50.5 % |
of total Revenue |
Point of destination |
|
100.1 % |
of total Revenue |
Point of destination Europe |
|
47.11 % |
of total Revenue |
Point of destination North America |
|
37.13 % |
of total Revenue |
Point of destination Other |
|
15.86 % |
of total Revenue |
|
|