NL · Nl Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.57M | - | $39.95M | $40.37M | $40.27M | - | $33.67M | $35.89M | $37.97M | - |
| Cost of Revenue | $27.32M | - | $28.92M | $27.48M | $28.11M | - | $24.20M | $24.72M | $28.30M | - |
| Gross Profit | $13.25M | - | $11.03M | $12.89M | $12.16M | - | $9.47M | $11.16M | $9.67M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $6.20M | - | $6.27M | $6.57M | $6.29M | - | $6.12M | $6.08M | $5.95M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $868.0K | - | - | - | $945.0K | - | - | - | $926.0K | - |
| Operating Income | $4.11M | - | $1.85M | $2.80M | $3.15M | - | $2.04M | $791.0K | $1.36M | - |
| Interest Expense | $11.0K | - | $90.0K | $148.0K | $145.0K | - | $202.0K | $148.0K | $145.0K | - |
| Income Tax | $1.47M | - | ($854.0K) | ($43.0K) | ($23.0K) | - | $8.51M | $1.30M | $988.0K | - |
| Net Income | $4.34M | - | ($7.87M) | $355.0K | $667.0K | - | $36.01M | $7.83M | $6.84M | - |
| EPS - Basic | $0.09 | - | ($0.16) | $0.01 | $0.01 | - | $0.74 | $0.16 | $0.14 | - |
| EPS - Diluted | $0.09 | - | ($0.16) | $0.01 | $0.01 | - | $0.74 | $0.16 | $0.14 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $101.91M | $110.61M | $101.92M | $111.47M | $110.00M | $163.15M | $145.96M | $167.45M | $138.26M | $111.52M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $30.07M | $30.41M | $30.95M | $32.90M | $29.16M | $28.37M | $28.01M | $27.36M | $27.54M | $30.71M |
| Accounts Payable | $3.24M | $2.70M | $3.25M | $4.12M | $3.97M | $3.76M | $3.29M | $3.79M | $3.07M | $3.15M |
| Current Assets | $155.86M | $159.90M | $174.30M | $183.69M | $179.62M | $237.96M | $225.58M | $227.36M | $218.30M | $218.26M |
| Total Assets | $461.19M | $464.22M | $500.20M | $523.70M | $520.02M | $578.26M | $585.65M | $580.03M | $568.82M | $576.66M |
| Current Liabilities | $14.63M | $20.58M | $35.17M | $33.98M | $30.94M | $91.06M | $33.57M | $29.56M | $24.60M | $30.45M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $359.33M | $358.77M | $375.38M | $397.58M | $397.64M | $396.90M | $386.04M | $373.09M | $368.13M | $369.81M |
| Retained Earnings | $248.84M | $249.38M | $284.75M | $307.28M | $311.33M | $315.06M | $302.42M | $291.32M | $287.39M | $284.46M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.54M) | - | - | - | ($47.48M) | - | - | - | $6.74M | - |
| Investing Cash Flow | $196.0K | - | - | - | ($812.0K) | - | - | - | $24.50M | - |
| Financing Cash Flow | ($5.36M) | - | - | - | ($4.86M) | - | - | - | ($4.37M) | - |
| CapEx | $404.0K | - | - | - | $822.0K | - | - | - | $305.0K | - |
| Free Cash Flow | ($3.95M) | - | - | - | ($48.30M) | - | - | - | $6.44M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 32.7% | - | 27.6% | 31.9% | 30.2% | - | 28.1% | 31.1% | 25.5% | - |
| Operating margin | 10.1% | - | 4.6% | 6.9% | 7.8% | - | 6.0% | 2.2% | 3.6% | - |
| EBITDA margin | 12.3% | - | - | - | 10.2% | - | - | - | 6.0% | - |
| Net margin | 10.7% | - | -19.7% | 0.9% | 1.7% | - | 107.0% | 21.8% | 18.0% | - |
| Free cash flow margin | -9.7% | - | - | - | -119.9% | - | - | - | 17.0% | - |
| FCF / Net income | -0.91 | - | - | - | -72.41 | - | - | - | 0.94 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 15.3% | - | 15.7% | 16.3% | 15.6% | - | 18.2% | 17.0% | 15.7% | - |
| Effective tax rate | 25.3% | - | - | -13.8% | -3.6% | - | 19.1% | 14.2% | 12.6% | - |
| Return on assets | 0.9% | - | -1.6% | 0.1% | 0.1% | - | 6.1% | 1.4% | 1.2% | - |
| Return on equity | 1.2% | - | -2.1% | 0.1% | 0.2% | - | 9.3% | 2.1% | 1.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 10.65 | 7.77 | 4.96 | 5.41 | 5.81 | 2.61 | 6.72 | 7.69 | 8.87 | 7.17 |
| Quick ratio | 8.60 | 6.29 | 4.08 | 4.44 | 4.86 | 2.30 | 5.89 | 6.77 | 7.75 | 6.16 |
| Cash ratio | 6.97 | 5.37 | 2.90 | 3.28 | 3.56 | 1.79 | 4.35 | 5.66 | 5.62 | 3.66 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 373.4x | - | 20.6x | 18.9x | 21.7x | - | 10.1x | 5.3x | 9.4x | - |
| Equity multiplier | 1.28 | 1.29 | 1.33 | 1.32 | 1.31 | 1.46 | 1.52 | 1.55 | 1.55 | 1.56 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.08 | 0.08 | 0.08 | - | 0.06 | 0.06 | 0.07 | - |
| Inventory turnover | 0.91 | - | 0.93 | 0.84 | 0.96 | - | 0.86 | 0.90 | 1.03 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 402d | - | 391d | 437d | 379d | - | 422d | 404d | 355d | - |
| Days payable outstanding | 43d | - | 41d | 55d | 52d | - | 50d | 56d | 40d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 64.8x | - | - | 640.0x | 790.0x | - | 10.0x | 37.7x | 52.4x | - |
| P / B | 0.8x | - | 0.8x | 0.8x | 1.0x | - | 0.9x | 0.8x | 1.0x | - |
| P / S | 7.0x | - | 7.5x | 7.7x | 9.6x | - | 10.8x | 8.2x | 9.4x | - |
| EV / EBITDA | 36.8x | - | - | - | 67.4x | - | - | - | 96.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.7% | - | 18.7% | 12.5% | 6.1% | - | -16.6% | -2.0% | -7.7% | - |
| Revenue CAGR (3y) | -0.5% | - | -2.3% | - | -1.1% | - | -0.9% | -0.3% | 1.9% | - |
| Revenue CAGR (5y) | 2.5% | - | 7.0% | 11.1% | 4.5% | - | 2.5% | 1.2% | 4.0% | - |
| Gross profit growth (YoY) | 9.0% | - | 16.5% | 15.5% | 25.8% | - | -25.0% | 8.7% | -23.9% | - |
| Operating income growth (YoY) | 30.5% | - | -9.1% | 254.1% | 132.2% | - | -44.7% | -44.3% | -67.7% | - |
| Net income growth (YoY) | 551.3% | - | - | -95.5% | -90.2% | - | - | - | - | - |
| EPS growth (YoY) | 800.0% | - | - | -93.8% | -92.9% | - | - | - | -82.9% | - |
| EPS CAGR (3y) | -52.1% | - | - | - | -74.7% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 91.8% | - | - | - | - | - | - | - | -8.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | 35.6% | - |
| Book value growth (YoY) | -9.6% | -9.6% | -2.8% | 6.6% | 8.0% | 7.3% | 6.0% | 1.5% | -0.6% | -3.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$474.86M totalPoint Of Destination$158.28M · 33.3%
Single Reportable Segment$158.28M · 33.3%
Security Products$120.70M · 25.4%
Marine Components$37.58M · 7.9%
Geographic
$158.28M totalUS$154.18M · 97.4%
Other Countries$1.75M · 1.1%
CA$1.57M · 1.0%
MX$794.0K · 0.5%
Peer comparison
Same SIC group: Industrial Inorganic Chemicals
Comparing NL INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$0.58/share trailing 12 months · -23.7% YoY
| Ex-date | Per share |
|---|---|
| Mar 10, 2026 | $0.1000 |
| Nov 21, 2025 | $0.0900 |
| Sep 5, 2025 | $0.0900 |
| Aug 18, 2025 | $0.2100 |
| Jun 9, 2025 | $0.0900 |
| Mar 11, 2025 | $0.0900 |
| Nov 29, 2024 | $0.0800 |
| Sep 6, 2024 | $0.0800 |
| Aug 19, 2024 | $0.4300 |
| Jun 10, 2024 | $0.0800 |
| Mar 8, 2024 | $0.0800 |
| Nov 30, 2023 | $0.0700 |
| Aug 31, 2023 | $0.0700 |
| Jun 2, 2023 | $0.0700 |
| Mar 6, 2023 | $0.0700 |
| Nov 30, 2022 | $0.0700 |
| Aug 31, 2022 | $0.0700 |
| Aug 19, 2022 | $0.3500 |
| Jun 3, 2022 | $0.0700 |
| Mar 11, 2022 | $0.0700 |
| Dec 1, 2021 | $0.0600 |
| Sep 1, 2021 | $0.0600 |
| Jun 4, 2021 | $0.0600 |
| Mar 12, 2021 | $0.0600 |