NL Industries, Inc. (NL)

US — Industrials Sector
Peers: CIX  MG  FSTR  PKOH  BNC  RLGT  QUAD  CVEO  GASS  OFLX 

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News

NL Industries: A Complex Little Performer To Watch
NL
Published: February 26, 2026 by: Seeking Alpha
Sentiment: Neutral

NL Industries trades at a material discount to book value, with a cash-rich, debt-light balance sheet and two well-performing operating entities. Ongoing litigation remains the primary risk, but recent settlements and case closures improve the forward outlook for NL. Financial forecasts suggest 5.7% revenue growth and 45.5% underlying net income growth, but margins remain volatile due to Valhi exposure.

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NL Industries: Dividend Trends Point To More Gains For Longstanding Shareholders
NL
Published: July 23, 2025 by: Seeking Alpha
Sentiment: Positive

We reiterate our 'Buy' rating on NL Industries, citing its low valuation, well-covered dividend, and consistent rangebound trading pattern. NL Industries offers a compelling income opportunity, with a forward dividend yield of 5.56% and trailing yield above 12% when special dividends are included. Dividend growth outpaces sector medians, and the payout ratio remains sustainable despite recent EPS estimate declines, supporting ongoing shareholder rewards.

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image for news NL Industries: Dividend Trends Point To More Gains For Longstanding Shareholders

About NL Industries, Inc. (NL)

  • IPO Date 1980-03-17
  • Website https://nl-ind.com
  • Industry Security & Protection Services
  • CEO Courtney J. Riley
  • Employees 3034

NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and StealthLock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, integrated inventory and access control secured narcotics boxes, vending and cash containment machines, medical cabinetry, electronic circuit panels, storage compartments, and gas station security. It also offers original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement devices, trim tabs, steering wheels, and other billet aluminum accessories; grab handles, pin cleats, and other accessories; and dash panels, LED indicators, wire harnesses, and other accessories primarily for performance and ski/wakeboard boats. In addition, the company offers insurance brokerage and risk management services. It sells its component products directly to original equipment manufacturers, as well as through distributors. NL Industries, Inc. was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. is a subsidiary of Valhi, Inc.