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NLI Holdings, Inc. NL R2K

Industrials · Security & Protection Services · United States
https://nl-ind.com

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.

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$6.07
-8.59% 1Y

Market & Price

Market Cap
$296.82M
Current Price
$6.07
High / Low (52W)
$8.52 / $5.05
Beta
0.19

Valuation

Stock P/E
-
Industry PE
28.38
Forward P/E
7.06
PEG Ratio
-
Book Value
$7.35
Price to Book
0.83
P/S
1.87
EV/EBITDA
7.32
Dividend Yield
6.59%

Profitability & Returns

ROCE
-11.42%
ROE
-7.95%
ROA
3.28%
Profit Margin
-21.53%
Op Margin
11.60%
EPS (Latest Qtr)
$0.09
EPS (TTM)
$-0.69

Balance Sheet & Liquidity

Debt/Equity
0.38
Quick Ratio
8.27
Current Ratio
10.65
Debt
$1.43M
Total Assets
$464.22M
Current Assets
$159.90M
Working Capital
$139.32M

Ownership

Promoter Holding
83.00%
Chg in Prom Hold
-0.06%
FII / Inst Holding
12.34%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$214.42M
Total Revenue (TTM)
$158.58M
EBITDA
$29.28M
Free Cash Flow
$15.55M
Operating Cash Flow
$7.53M
Shares Outstanding
48.90M
Gross Margin
31.07%
Payout Ratio
175.00%

Growth (CAGR)

Revenue 5Y
-1.68%
Profit 5Y
-70.59%
Revenue (YoY)
0.70%
Earnings (YoY)
551.10%

PROS

  • Attractive dividend yield of 6.59%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -1.7% CAGR over 5 years.
  • Earnings shrank at -70.6% CAGR over 5 years.
  • Trading 28.8% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NL NLI Holdings, Inc. R2K 6.07 - $296.82M 6.59% -11.42% -7.95% -1.68% -70.59%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------29.90M30.00M27.00M25.10M28.40M32.40M30.00M27.40M31.20M33.70M29.70M29.60M32.31M23.80M28.43M30.00M35.92M36.25M34.56M42.05M41.67M42.86M41.15M36.62M40.35M37.97M35.89M--40.27M40.37M39.95M37.70M40.57M
Cost of Revenue -----------------------------------28.11M27.48M28.92M25.60M27.32M
Gross Profit 8.10M7.60M8.20M8.50M9.40M9.10M9.70M9.50M8.20M7.40M9.50M11.20M9.60M7.90M9.60M11.00M9.40M9.00M10.43M7.37M7.33M7.70M11.04M11.31M10.92M12.08M13.63M11.94M12.70M10.27M12.62M9.67M11.16M--12.16M12.89M11.03M12.10M13.25M
Operating Expenses -----------------------------------9.02M10.37M9.18M10.36M9.14M
Operating Income 962.00K--2.21M621.00K-6.00K--746.00K1.43M1.04M--2.80M-60.62M3.48M-2.52M-12.89M5.81M-2.53M14.00K-308.00K-3.97M2.89M2.28M3.87M4.21M3.22M4.20M1.42M3.68M1.36M791.00K--3.15M2.52M1.85M1.74M4.11M
EBITDA -----------------------------------2.82M2.02M-7.24M-44.61M7.45M
Interest Expense -----------------------------------575.00K90.00K90.00K11.00K11.00K
Pretax Income -----------------------------------1.30M1.01M-8.22M-45.51M6.57M
Tax Provision ------------------------------------23.00K-43.00K-854.00K-15.13M1.47M
Net Income 900.00K-5.60M-2.50M800.00K7.40M9.60M8.30M41.20M17.50M49.10M14.20M-42.60M-15.40M2.80M15.20M5.90M-1.60M6.30M1.91M4.59M3.87M4.30M13.26M12.70M10.31M18.56M30.25M-8.90M-6.72M-3.11M-69.00K6.84M7.83M--667.00K355.00K-7.87M-30.98M4.34M
Diluted EPS ----------------------0.270.260.210.740.62-0.18-0.14-0.060.000.140.16--0.010.01-0.16-0.630.09

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------108.92M112.03M118.22M124.24M114.54M-166.56M161.29M145.94M158.28M
Cost of Revenue -------------117.76M112.07M104.58M110.11M
Gross Profit 23.78M22.46M24.11M24.33M27.57M32.25M33.40M35.17M34.83M38.27M38.96M32.85M-48.80M49.22M41.36M48.18M
Operating Expenses -------------36.30M36.92M6.07M38.64M
Operating Income -11.57M-17.71M-667.00K-8.06M-68.26M2.84M268.00K-715.00K1.70M-60.67M-1.61M2.36M-12.50M12.30M35.30M9.54M
EBITDA -------------44.16M-1.70M87.54M-47.01M
Interest Expense -------------941.00K746.00K530.00K767.00K
Pretax Income -------------39.24M-6.42M83.32M-51.42M
Tax Provision -------------2.79M-7.00M14.06M-16.05M
Net Income -11.76M70.38M81.66M74.54M-55.33M28.50M-23.91M15.32M116.10M-41.02M25.84M14.68M-33.84M-2.31M67.23M-37.83M
Diluted EPS ----------0.530.301.050.69-0.051.38-
R&D Expense -0000000000000000

Compounded Sales Growth

5 Years:-1.68%
1 Year:0.70%

Compounded Profit Growth

5 Years:-70.59%
1 Year:551.10%

Stock Price Performance

1 Year:-8.59%
6 Months:+13.43%
3 Months:-0.15%
1 Month:+1.68%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --553.73M761.24M680.78M685.83M496.19M349.32M384.99M551.62M547.24M557.49M548.15M-609.87M576.66M578.26M464.22M
Current Assets --------------193.97M218.26M237.96M159.90M
Cash & Equivalents 16.45M24.55M15.46M11.65M-77.99M52.61M72.56M96.46M93.16M98.32M116.26M129.73M137.04M-68.87M111.52M163.15M110.61M
Inventory --------------31.29M30.71M28.37M30.41M
Receivables --------------17.91M17.13M14.18M13.84M
Total Liabilities --------------207.12M184.90M162.35M87.43M
Current Liabilities --45.23M40.81M24.79M19.07M24.63M24.01M30.74M19.58M81.32M29.81M27.51M-32.05M30.45M91.06M20.58M
Long Term Debt --64.53M27.29M17.48M0--------500.00K500.00K500.00K500.00K
Total Debt --------------500.00K500.00K500.00K500.00K
Total Equity --252.95M414.98M374.81M355.38M237.02M149.95M177.92M335.32M284.12M304.51M311.88M-382.15M369.81M396.90M358.77M
Shares Outstanding --------------48.82M48.83M48.85M48.85M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 1.39M5.42M48.23M18.00M14.90M23.55M28.11M27.70M18.64M17.08M27.43M19.02M-26.93M37.00M25.57M-36.40M
Investing Cash Flow 32.39M2.81M9.81M92.25M2.98M-3.27M-3.88M-30.61M-13.61M1.31M9.92M-3.14M--67.87M22.10M58.87M-2.44M
Financing Cash Flow -25.91M-17.77M-61.55M-44.09M-43.27M-328.00K-330.00K168.00K-333.00K-335.00K-470.00K-8.48M--36.80M-15.23M-41.63M-31.30M
Capital Expenditure -2.32M-2.13M-3.28M-4.56M-3.54M-2.86M-4.30M-3.21M-2.81M-3.12M-3.17M-1.74M--3.69M-1.13M-1.43M-3.75M
Free Cash Flow -933.00K3.29M44.96M13.44M11.36M20.69M23.81M24.49M15.83M13.96M24.27M17.28M-23.24M35.87M24.14M-40.15M
Net Change in Cash --------------77.74M43.88M42.81M-70.14M
Dividends Paid --------0007.80M11.70M13.70M13.70M15.60M17.60M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------32.3%31.1%32.4%31.4%28.7%-29.3%30.5%28.3%30.4%
Operating Margin % --------0.7%1.5%-51.3%-1.3%2.1%-7.5%7.6%24.2%6.0%
Net Margin % -------14.1%103.6%-34.7%20.8%12.8%-20.3%-1.4%46.1%-23.9%
ROE % -27.8%19.7%19.9%-15.6%12.0%-15.9%8.6%34.6%-14.4%8.5%4.7%-8.9%-0.6%16.9%-10.5%
ROCE % --3.5%-0.1%-1.2%-10.2%0.6%0.1%-0.2%0.3%-13.0%-0.3%0.5%-2.2%2.3%7.2%2.1%

Shareholding Pattern

Insiders
83.00%
Institutions
12.34%
Public Float
72.59%

Top Institutional Holders

#Holder% HeldSharesValue
1 Dimensional Fund Advisors LP 4.28% 2.09M $12.68M
2 Blackrock Inc. 1.08% 529.71K $3.22M
3 Aristides Capital, LLC 0.85% 417.01K $2.53M
4 Bridgeway Capital Management, LLC 0.67% 325.99K $1.98M
5 Vanguard Capital Management LLC 0.66% 321.19K $1.95M
6 Empowered Funds, LLC 0.48% 232.13K $1.41M
7 Geode Capital Management, LLC 0.46% 224.51K $1.36M
8 Renaissance Technologies, LLC 0.33% 162.47K $986.19K
9 State Street Corporation 0.27% 133.72K $811.69K
10 Raymond James Financial, Inc. 0.21% 103.06K $625.57K

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