15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $158M | -$38M | 30.4% | 6.7% | -10.5% | -8.1% | -$40M | — | $111M |
| 2024 | $146M | $67M | 28.3% | 26.0% | 16.9% | 11.6% | $24M | — | $163M |
| 2023 | $161M | -$2M | 30.5% | 8.8% | -0.6% | -0.4% | $36M | — | $112M |
| 2022 | $167M | $34M | 29.3% | 8.2% | 8.9% | 5.5% | $23M | — | $69M |
| 2021 | $141M | $51M | 30.4% | 7.5% | 14.1% | 8.6% | $14M | — | $147M |
| 2020 | $115M | $15M | 28.7% | 2.1% | 4.7% | 2.7% | $17M | — | $137M |
| 2019 | $124M | $26M | 31.4% | -1.3% | 8.5% | 4.6% | $24M | — | $130M |
| 2018 | $118M | -$41M | 32.4% | -51.3% | -14.4% | -7.5% | $14M | — | $116M |
| 2017 | $112M | $116M | 31.1% | 1.5% | 34.6% | 21.0% | $16M | — | $98M |
| 2016 | $109M | $15M | 32.3% | -0.7% | 8.6% | 4.0% | $24M | — | $93M |
| 2015 | — | -$24M | — | — | -15.9% | -6.8% | $24M | — | $96M |
| 2014 | — | $28M | — | — | 12.0% | 5.7% | $21M | — | $73M |
| 2013 | — | -$55M | — | — | -15.6% | -8.1% | $11M | $0 | $53M |
| 2012 | — | $75M | — | — | 19.9% | 10.9% | $13M | $18M | -$78M |
| 2011 | — | $82M | — | — | 19.7% | 10.7% | $45M | $37M | $12M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $44M | $9M | 35.6% | 14.1% | 2.5% | 1.9% | $10M | — | $107M |
| Mar '26 | $41M | $4M | 32.7% | 10.1% | 1.2% | 0.9% | -$4M | — | $102M |
| Dec '25 | $38M | -$31M | 32.1% | 7.6% | -8.6% | -6.7% | -$5M | — | $111M |
| Sep '25 | $40M | -$8M | 27.6% | 4.6% | -2.1% | -1.6% | $7M | — | $102M |
| Jun '25 | $40M | $355000 | 31.9% | 6.9% | 0.1% | 0.1% | $6M | — | $111M |
| Mar '25 | $40M | $667000 | 30.2% | 7.8% | 0.2% | 0.1% | -$48M | — | $110M |
| Dec '24 | $38M | $17M | 28.8% | 87.7% | 4.2% | 2.9% | $9M | — | $163M |
| Sep '24 | $34M | $36M | 28.1% | 6.0% | 9.3% | 6.1% | -$6M | — | $146M |
| Jun '24 | $36M | $8M | 31.1% | 2.2% | 2.1% | 1.4% | $15M | — | $167M |
| Mar '24 | $38M | $7M | 25.5% | 3.6% | 1.9% | 1.2% | $6M | — | $138M |
| Dec '23 | $43M | $8M | 31.6% | 11.2% | 2.1% | 1.3% | $21M | — | $112M |
| Sep '23 | $40M | -$69000 | 31.3% | 9.1% | -0.0% | -0.0% | -$6M | — | $66M |
| Jun '23 | $37M | -$3M | 28.1% | 3.9% | -0.8% | -0.5% | $13M | — | $59M |
| Mar '23 | $41M | -$7M | 30.9% | 10.2% | -1.8% | -1.1% | $7M | — | $48M |
| Dec '22 | $40M | -$6M | 27.9% | 6.1% | -1.6% | -1.0% | $14M | — | $69M |
| Sep '22 | $43M | -$9M | 27.8% | 7.5% | -2.5% | -1.5% | -$2M | — | $128M |
| Jun '22 | $42M | $30M | 32.7% | 10.1% | 7.6% | 4.7% | $10M | — | $151M |
| Mar '22 | $42M | $19M | 28.7% | 9.2% | 4.9% | 3.0% | $1M | — | $145M |
| Dec '21 | $34M | $15M | 27.8% | 4.0% | 4.1% | 2.5% | $6M | — | $147M |
| Sep '21 | $35M | $10M | 31.6% | 6.6% | 3.0% | 1.8% | -$4M | — | $142M |
How the market has priced NL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, NL INDUSTRIES INC's revenue has grown 6.7% per year. These are computed facts, not advice.
As of FY2025, NL INDUSTRIES INC reported — of total debt against $111M of cash; operating income covered interest expense 14×.
In FY2025, gross margin was 30.4%, operating margin 6.7%, and net margin -23.9%.
As of Sep '26, NL INDUSTRIES INC traded at a price-to-earnings ratio of about 4.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.