earnings
confidence high
sentiment positive
materiality 0.70
NL Industries Q4 net income $14.9M ($0.31/sh) up from $4.3M; CompX and Kronos results improve
NL INDUSTRIES INC
- Net income attributable to NL stockholders $14.9M ($0.31 per share) in Q4 2021 vs $4.3M ($0.09) in Q4 2020; full year $51.2M ($1.05) vs $14.7M ($0.30).
- CompX net sales $34.1M in Q4 (+14% YoY), income from operations $3.8M vs $2.3M; full year sales $140.8M, ops income $20.5M.
- Equity in earnings of Kronos $9.6M in Q4 vs $3.1M; Kronos net sales $496M (+20% YoY), income from operations $52.0M vs $20.4M.
- Unrealized gain on marketable equity securities (Valhi stock) $6.5M in Q4 ($16.2M FY) vs $2.4M gain ($8.7M loss FY) in 2020.