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NL Industries NL Non-cash interest expense

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Other financials

Income statement

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Revenue$40.6M+0.7%
Gross profit$13.3M+9.0%
Operating income$4.1M+30.5%
Net income$4.3M+551%
EPS (diluted)$0.09+800%

Balance sheet

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Cash & equivalents$101.9M-7.4%
Total debt$926.0K
Total equity$359.3M-9.6%
Total assets$461.2M-11.3%

Cash flow

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Operating cash flow-$3.5M+92.5%
CapEx$404.0K-50.9%
Free cash flow-$3.9M+91.8%

Valuation

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Market cap$290.95M+0.3%
Enterprise value$189.96M
P/S1.8×-0.1×

Profitability

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Gross margin31.1%+1.5pp
Operating margin7.3%-19.4pp
Net margin-21.5%-62.7pp
FCF margin21.1%

Returns & leverage

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Return on equity-9%-25.0pp
Debt / equity
Current ratio10.7×+4.8×

Where this comes from

Reported directly by NL Industries in its filing.

Tagged under the XBRL concept us-gaap:AccretionExpense.

The official record: NL Industries’s 10-K, filed March 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NL Industries's non-cash interest expense?
NL Industries (NL) reported non-cash interest expense of $0 in Q4 2025.
How has NL Industries's non-cash interest expense changed year-over-year?
NL Industries's non-cash interest expense decreased by 100.0% year-over-year, from $79K to $0.
What is the long-term trend for NL Industries's non-cash interest expense?
Over 4 years (2021 to 2025), NL Industries's non-cash interest expense has grown at a -32.2% compound annual growth rate (CAGR), from $1.12M to $236K.
What does non-cash interest expense mean?
This represents the non-cash interest expense associated with the periodic increase in the carrying value of liabilities, typically related to asset retirement obligations or debt issued at a discount. It reflects the gradual recognition of the time value of money on long-term obligations. Investors analyze this to understand the underlying growth of debt-like liabilities that do not require immediate cash outflows.