NL Industries Inc (N:NL)

Business Focus: Industrial Machinery & Equipment

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 5430 Lbj Freeway, Suite 1700
DALLAS TX 75240-2620
Tel: N/A
Website: https://nl-ind.com
IR: See website
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Key People
Courtney J. Riley
President, Chief Executive Officer, Director
Darci B. Scott
Vice President - Tax
Michael S. Simmons
Vice Chairman of the Board
Amy Allbach Samford
Chief Financial Officer, Executive Vice President
Andrew B. Nace
Executive Vice President
Bryan A. Hanley
Senior Vice President, Treasurer
John R. Powers
Vice President, General Counsel
Amy E. Ruf
Vice President, Controller
Patricia A. Kropp
Vice President - Employee Benefits
Bart W. Reichert
Vice President - Internal Audit
   
Business Overview
NL Industries, Inc. is a holding company. The Company operate in the component products industry through its subsidiary, CompX International Inc. (CompX). CompX manufactures engineered components that are sold to a variety of industries. Through its Security Products operations, CompX manufactures mechanical and electronic cabinet locks and other locking mechanisms used in postal, recreational transportation, office and institutional furniture, cabinetry, tool storage and healthcare applications. CompX also manufactures wake enhancement systems, stainless steel exhaust systems, gauges, throttle controls, trim tabs and related hardware and accessories for the recreational marine and other industries through its Marine Components operations. It also operates in the chemicals industry through its noncontrolling interest in Kronos Worldwide, Inc. (Kronos). Kronos is a global producer and marketer of value-added titanium dioxide pigments (TiO2), a base industrial product.
Financial Overview
For the fiscal year ended 31 December 2023, NL Industries Inc revenues decreased 3% to $161.3M. Net loss totaled $2.3M vs. income of $33.8M. Revenues reflect Marine Components segment decrease of 23% to $40.1M, Canada segment decrease of 66% to $3.2M, Other segment decrease of 16% to $2.2M. Net loss reflects Equity in earnings (loss) of Kronos Worl decrease from $31.9M (income) to $15M (expense).
Employees: 2,751 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $208.92M as of Dec 31, 2023
Annual revenue (TTM): $161.29M as of Dec 31, 2023
EBITDA (TTM): $23.10M as of Dec 31, 2023
Net annual income (TTM): -$2.31M as of Dec 31, 2023
Free cash flow (TTM): $22.20M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 48,833,484 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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