NL Industries, Inc. (NL)

NL Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	152.72	145.94	161.29	166.56	140.82	114.54
Revenue Growth (YoY)	-2.96%	-9.52%	-3.17%	18.28%	22.94%	-7.81%
Cost of Revenue	107.14	104.58	112.07	117.76	98.07	81.69
Gross Profit	45.58	41.36	49.22	48.8	42.75	32.85
Selling, General & Admin	23.7	22.55	20.75	20.3	31.02	29.38
Operating Expenses	23.7	22.55	20.75	20.3	31.02	29.38
Operating Income	21.88	18.81	28.47	28.5	11.73	3.47
Interest Expense	-0.9	-0.53	-0.75	-0.94	-1.14	-1.35
Interest & Investment Income	9.29	10.98	9.64	3.8	1.6	2.6
Earnings From Equity Investments	20.65	26.38	-15	31.87	34.32	19.44
EBT Excluding Unusual Items	50.92	55.64	22.35	63.23	46.51	24.16
Gain (Loss) on Sale of Investments	-2	9.82	-8.16	-8.09	16.23	-8.67
Legal Settlements	-2.2	-3	-4.4	-4.2	-1.9	-1.9
Other Unusual Items	-	-	-4.91	-	-	-
Pretax Income	48.09	63.83	5.35	51.04	60.84	13.59
Income Tax Expense	-7.78	-5.43	4.77	14.58	7.48	-2.52
Earnings From Continuing Operations	55.87	69.26	0.58	36.46	53.36	16.1
Minority Interest in Earnings	-2.29	-2.03	-2.89	-2.61	-2.17	-1.42
Net Income	53.58	67.23	-2.31	33.84	51.19	14.68
Net Income to Common	53.58	67.23	-2.31	33.84	51.19	14.68
Net Income Growth	141.44%	-	-	-33.88%	248.69%	-43.20%
Shares Outstanding (Basic)	49	49	49	49	49	49
Shares Outstanding (Diluted)	49	49	49	49	49	49
Shares Change (YoY)	0.03%	0.03%	0.03%	0.03%	0.04%	0.06%
EPS (Basic)	1.10	1.38	-0.05	0.69	1.05	0.30
EPS (Diluted)	1.10	1.38	-0.05	0.69	1.05	0.30
EPS Growth	141.37%	-	-	-33.90%	248.54%	-43.21%
Free Cash Flow	-39.76	24.14	35.87	23.24	13.52	17.28
Free Cash Flow Per Share	-0.81	0.49	0.73	0.48	0.28	0.35
Dividend Per Share	0.340	0.320	0.280	0.280	0.240	0.160
Dividend Growth	13.33%	14.29%	-	16.67%	50.00%	-
Gross Margin	29.85%	28.34%	30.52%	29.30%	30.36%	28.68%
Operating Margin	14.33%	12.89%	17.65%	17.11%	8.33%	3.03%
Profit Margin	35.08%	46.06%	-1.43%	20.32%	36.35%	12.82%
Free Cash Flow Margin	-26.03%	16.54%	22.24%	13.95%	9.60%	15.09%
EBITDA	25.59	22.5	32.44	32.48	15.57	7.3
EBITDA Margin	16.76%	15.42%	20.11%	19.50%	11.05%	6.37%
D&A For EBITDA	3.71	3.69	3.97	3.98	3.84	3.83
EBIT	21.88	18.81	28.47	28.5	11.73	3.47
EBIT Margin	14.33%	12.89%	17.65%	17.11%	8.33%	3.03%
Effective Tax Rate	-	-	89.12%	28.57%	12.29%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q