NL INDUSTRIES INC NL
NL INDUSTRIES INC (NL) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 9.73% (safety: safe). FY2025 revenue was $158.3M at a -23.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.3 |
| Retained earnings / assets | 0.537 |
| EBIT / assets | 0.023 |
| Equity / liabilities | 4.31 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NL | NL INDUSTRIES INC | 4/9 | 8.4 | — | +8.5% |
| LTBR | LIGHTBRIDGE Corp | 3/9 | — | — | — |
| LXFR | LUXFER HOLDINGS PLC | 6/9 | 4.17 | 65.1 | -1.9% |
| LXU | LSB INDUSTRIES, INC. | 8/9 | 2.86 | 31.7 | +17.8% |
| KRO | KRONOS WORLDWIDE INC | 5/9 | 2.25 | — | -1.5% |
| MTX | MINERALS TECHNOLOGIES INC | 4/9 | 4.63 | — | -2.2% |
| VHI | VALHI INC /DE/ | 4/9 | 3.94 | — | -1.3% |
About NL INDUSTRIES INC
NLI Holdings, Inc., through its subsidiaries, operates in the component products industry in Europe, North America, the Asia Pacific, and internationally. The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc tumbler locks; pin tumbler locking mechanisms under KeSet, System 64, TuBar, and Turbine brands; and electronic locks under CompX eLock and StealthLock brands for use in various applications, such as mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending, and cash containment machines. It also provides original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical, electronic controls, and throttles; wake enhancement devices, trim tabs, steering wheels, and billet aluminum accessories; dash panels, LED indicators, wire harnesses; and grab handles, pin cleats, and other accessories for performance and ski/wakeboard and performance boats. In addition, the company produces and markets value-added titanium dioxide pigments, a base industrial product used in imparting whiteness, brightness, opacity, and durability to a diverse range of customer applications and end-use markets, including coatings, plastics, paper, inks, cosmetics, pharmaceuticals, and other industrial and consumer products. The company sells its component products directly to original equipment manufacturers, as well as through distributors. The company was formerly known as NL Industries, Inc. and changed its name to NLI Holdings, Inc. in May 2026. NL Holdings, Inc. was founded in 1891 and is based in Dallas, Texas. NLI Holdings, Inc. operates as a subsidiary of Valhi, Inc.
FAQ
Is NL financially healthy?
NL INDUSTRIES INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does NL pay a dividend, and is it safe?
Yes. NL INDUSTRIES INC pays a dividend yielding about 9.73% with a -73.6% payout ratio, rated “safe” for safety.
How profitable is NL?
In FY2025, NL INDUSTRIES INC had a net margin of -23.9% and a return on equity of -10.0%.
Is NL overvalued or undervalued?
NL INDUSTRIES INC trades at about 4.9× trailing earnings — below its 10-year norm (10-year range 5.6×–15.0×, median 6.3×). Stocktoria reports the data, not buy/sell advice.
Is NL a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NL INDUSTRIES INC: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone, a dividend yield of 9.73%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.