NL INDUSTRIES INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $158.3M | $145.9M | $161.3M | $166.6M | $140.8M |
| Cost of revenue | $110.1M | $104.6M | $112.1M | $117.8M | $98.1M |
| Gross profit | $48.2M | $41.4M | $49.2M | $48.8M | $42.7M |
| Selling, general & administrative | $25.6M | $24.3M | $23.8M | $23.4M | $22.2M |
| Research and development | $0 | $0 | $0 | $0 | $0 |
| Operating income | $10.7M | $37.9M | $14.1M | $13.7M | $10.5M |
| Interest expense | $767,000 | $530,000 | $746,000 | $941,000 | $1.1M |
| Pretax income | -$51.4M | $83.3M | -$6.4M | $39.2M | $60.8M |
| Income tax expense | -$16.1M | $14.1M | -$7.0M | $2.8M | $7.5M |
| Net income | -$37.8M | $67.2M | -$2.3M | $33.8M | $51.2M |
| Balance Sheet | |||||
| Cash and equivalents | $110.6M | $163.2M | $111.5M | $68.9M | $147.0M |
| Current assets | $159.9M | $238.0M | $218.3M | $194.0M | $193.6M |
| Total assets | $464.2M | $578.3M | $576.7M | $609.9M | $596.2M |
| Current liabilities | $20.6M | $91.1M | $30.4M | $32.1M | $30.6M |
| Stockholders' equity | $358.8M | $396.9M | $369.8M | $382.1M | $362.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$36.4M | $25.6M | $37.0M | $26.9M | $17.6M |
| Depreciation and amortization | $3.7M | $3.7M | $4.0M | $4.0M | $3.8M |
| Capital expenditure | $3.7M | $1.4M | $1.1M | $3.7M | $4.1M |
| Free cash flow | -$40.1M | $24.1M | $35.9M | $23.2M | $13.5M |
| Dividends paid | $17.6M | $15.6M | $13.7M | $13.7M | $11.7M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 48.9M
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.