NL NL Industries, Inc.
NL Industries, Inc. is a holding company, which involves in components products and chemical industries. It operates through its subsidiaries: CompX International, Inc. and Kronos Worldwide, Inc. The CompX International, Inc. manufactures precision ball bearing slides, security products, and ergonomic computer support systems used in office furniture, computer-related equipment, tool storage cabinets, and refrigerators. The Kronos Worldwide, Inc. produces and markets value-added titanium dioxide pigments. The company was founded in 1891 and is headquartered in Dallas, TX.
Company profile
Ticker
NL
Exchange
CEO
Robert Dennis Graham
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Minerals • Valhi • Linde • Venator Materials • Kronos Worldwide • Luxfer • LSB Industries • Tronox • Hydrogenics ...
SEC CIK
Corporate docs
IRS number
135267260
NL stock data
()
Calendar
7 Aug 19
17 Oct 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 33.73M | 31.18M | 27.4M | 30M | |
| Net income | 5.88M | 15.2M | 2.8M | -15.4M | |
| Diluted EPS | 0.12 | 0.31 | 0.06 | -0.32 | |
| Net profit margin | 17.43% | 48.77% | 10.22% | -51.33% | |
| Operating income | -12.89M | 2.52M | -726K | 3.48M | |
| Net change in cash | 17.22M | -4.9M | -6.77M | 11.89M | |
| Cash on hand | 128.58M | 111.36M | 116.26M | 123.03M | |
| Cost of revenue | 22.79M | 21.55M | 19.45M | 20.43M |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 118.22M | 112.04M | 108.92M | 108.99M | |
| Net income | -41.02M | 116.1M | 15.33M | -23.91M | |
| Diluted EPS | -0.84 | 2.38 | 0.31 | -0.49 | |
| Net profit margin | -34.70% | 104% | 14.07% | -21.94% | |
| Operating income | -60.67M | 1.7M | -715K | 268K | |
| Net change in cash | 17.94M | 5.15M | -3.3M | 23.9M | |
| Cash on hand | 116.26M | 98.32M | 93.16M | 96.46M | |
| Cost of revenue | 79.95M | 77.21M | 73.75M | 75.59M |
Financial data from company earnings reports
Financial report summary
?Risks
- We could incur significant costs related to legal and environmental matters.
- Our assets consist primarily of investments in our operating subsidiaries and affiliates, and we are dependent upon distributions from our subsidiaries and affiliates.
- We operate in mature and highly competitive markets, resulting in pricing pressure and the need to continuously reduce costs.
- Our development of innovative features for current products is critical to sustaining and growing our sales.
- Failure to protect our intellectual property rights or claims by others that we infringe their intellectual property rights could substantially harm our business.
- Higher costs of our commodity-related raw materials may decrease our liquidity.
- Higher costs or limited availability of our raw materials may reduce our earnings and decrease our liquidity. In addition, many of our raw material contracts contain fixed quantities we are required to purchase.
- Demand for, and prices of, certain of Kronos’ products are influenced by changing market conditions for its products, which may result in reduced earnings or in operating losses.
- Kronos’ leverage may impair our financial condition.
- Global climate change legislation could negatively impact our financial results or limit our ability to operate our businesses.
- Technology failures or cyber security breaches could have a material adverse effect on our operations.
Management Discussion
- We are primarily a holding company. We operate in the component products industry through our majority-owned subsidiary, CompX International Inc. We also own a non-controlling interest in Kronos Worldwide, Inc. Both CompX (NYSE American: CIX ) and Kronos (NYSE: KRO) file periodic reports with the Securities and Exchange Commission (SEC).
- CompX is a leading manufacturer of engineered components utilized in a variety of applications and industries. Through its Security Products operations, CompX manufactures mechanical and electronic cabinet locks and other locking mechanisms used in recreational transportation, postal, office and institutional furniture, cabinetry, tool storage and healthcare applications. CompX also manufactures stainless steel exhaust systems, gauges, throttle controls, wake enhancement systems and trim tabs for the recreational marine and other industries through our Marine Components operations.
- We account for our 30% non-controlling interest in Kronos by the equity method. Kronos is a leading global producer and marketer of value-added titanium dioxide pigments (TiO2). TiO2 is used for a variety of manufacturing applications including paints, plastics, paper and other industrial and specialty products.
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Avg
|
|
New words:
Allbach, Amy, anniversary, Brinda, committed, exploring, expressly, foreign, Heading, nil, Patty, payroll, pressure, probate, pronouncement, quickly, receivble, regional, resign, Samford, skilled, successor, superseded, trustee
Removed:
agree, Alameda, announced, appealed, appellate, applying, approve, April, ASC, back, billion, brought, built, code, complaint, consent, contemplated, cover, decision, denial, denied, Diego, discharged, discretionary, disgorgement, District, eligible, enjoined, enter, event, evidence, evidentiary, execute, expend, expended, exposure, faith, February, finalize, Francisco, funded, good, granted, Gregory, hear, hearing, home, homeowner, implementation, individual, inspection, intermediate, investigating, judge, jurisdiction, likelihood, limit, limiting, Los, Mateo, maximum, moderately, motion, multiplying, noted, Oakland, objecting, ordered, overturned, participate, participation, people, petition, planning, practical, presence, proceeding, program, proposing, prosecuting, provision, published, recalculate, recalculated, receiver, reduced, reinstated, remained, remand, remanded, remedy, return, reversed, review, ruling, San, September, setting, Solano, sought, Subsequently, suitable, supplemented, Supreme, Swalwell, system, treatment, uncertain, undiscounted, unrealistically, unspent, unusual, upheld, upholding, Ventura, violated, voluntary
Financial reports
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-K
2018 FY
Annual report
11 Mar 19
10-Q
2018 Q3
Quarterly report
7 Nov 18
10-Q
2018 Q2
Quarterly report
7 Aug 18
10-Q
2018 Q1
Quarterly report
8 May 18
10-K
2017 FY
Annual report
12 Mar 18
10-Q
2017 Q3
Quarterly report
8 Nov 17
10-Q
2017 Q2
Quarterly report
8 Aug 17
10-Q
2017 Q1
Quarterly report
8 May 17
Current reports
8-K
Changes in Control of Registrant
4 Sep 19
8-K
Results of Operations and Financial Condition
7 Aug 19
8-K
Entry into a Material Definitive Agreement
26 Jul 19
8-K
Changes in Control of Registrant
22 Jul 19
8-K
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
23 May 19
8-K
Submission of Matters to a Vote of Security Holders
16 May 19
8-K
Results of Operations and Financial Condition
9 May 19
8-K
Departure of Directors or Certain Officers
22 Mar 19
8-K
Results of Operations and Financial Condition
11 Mar 19
8-K
NL Reports Third Quarter 2018 Results
7 Nov 18
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
26 Jun 12
S-8
Registration of securities for employees
31 May 12
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Oct 10
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Oct 06
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Oct 06
S-8
Registration of securities for employees
16 Oct 98
15-15D
Suspension of duty to report
21 Aug 97
15-15D
Suspension of duty to report
21 Aug 97
Proxies
DEFA14A
Additional proxy soliciting materials
26 Mar 19
DEF 14A
Definitive proxy
26 Mar 19
DEF 14A
Definitive proxy
28 Mar 18
DEFA14A
Additional proxy soliciting materials
28 Mar 18
DEF 14A
Definitive proxy
29 Mar 17
DEF 14A
Definitive proxy
29 Mar 16
DEF 14A
Definitive proxy
1 Apr 15
DEF 14A
Definitive proxy
2 Apr 14
DEF 14A
Definitive proxy
4 Apr 13
DEF 14A
Definitive proxy
4 Apr 12
Other
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
24 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
27 May 16
SD
Conflict minerals disclosure
29 May 15
SD
Conflict minerals disclosure
2 Jun 14
UPLOAD
Letter from SEC
9 Dec 09
CORRESP
Correspondence with SEC
4 Dec 09
UPLOAD
Letter from SEC
1 Dec 09
CORRESP
Correspondence with SEC
20 Nov 09