VALHI INC /DE/
VALHI INC /DE/
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Related Party | - | - | 3 | - | - | - | 1 | - | - | 19 | 19 | - | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 210 | 194 | 214 | 184 | 189 | 195 | 348 | 315 | 373 | 341 | 407 | 342 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 7 | 15 | 9 | 34 | 29 | 31 | 25 | 45 | 22 | 26 | 23 | 23 | |||||
Marketable Securities Current | 3 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 14 | 32 | 56 | 83 | |||||
Accounts And Other Receivables Net Current | 434 | 415 | 314 | 367 | 379 | 389 | 326 | 395 | 398 | 378 | 321 | 333 | |||||
Other Receivables Net Current | - | - | 3 | - | - | - | 1 | - | - | - | 18 | - | |||||
Income Taxes Receivable | - | - | 2 | - | - | - | 1 | - | - | - | 2 | - | |||||
Inventory Net | 531 | 580 | 660 | 691 | 717 | 730 | 686 | 577 | 475 | 504 | 596 | 533 | |||||
Prepaid Expense And Other Assets Current | 33 | 47 | 55 | 63 | 52 | 64 | 65 | 73 | 42 | 48 | 53 | 56 | |||||
Assets Current | 1,217 | 1,254 | 1,259 | 1,341 | 1,367 | 1,410 | 1,454 | 1,406 | 1,324 | 1,329 | 1,475 | 1,370 | |||||
Other Assets Noncurrent | |||||||||||||||||
Marketable Securities Noncurrent | 7 | 6 | 6 | 6 | 5 | 5 | 6 | 5 | 5 | 6 | 5 | 3 | |||||
Investments In Affiliates Subsidiaries Associates … | - | - | - | - | - | - | - | - | 101 | 109 | 111 | 116 | |||||
Goodwill | 382 | 382 | 382 | 382 | 382 | 382 | 382 | 382 | 380 | 380 | 380 | 380 | |||||
Deferred Income Tax Assets Net | 24 | 29 | 35 | 31 | 59 | 54 | 54 | 69 | 67 | 66 | 67 | 66 | |||||
Defined Benefit Plan Assets For Plan Benefits Nonc… | - | - | 20 | - | - | - | 20 | - | - | - | 8 | - | |||||
Notes And Loans Receivable Net Noncurrent | 125 | 112 | - | - | - | - | - | - | - | - | - | - | |||||
Other Assets Noncurrent | 87 | 89 | 178 | 202 | 190 | 172 | 162 | 174 | 181 | 176 | 174 | 160 | |||||
Property Plant And Equipm… | |||||||||||||||||
Land | 77 | 79 | 79 | 79 | 79 | 76 | 75 | 77 | 44 | 44 | 45 | 43 | |||||
Buildings And Improvements Gross | 296 | 308 | 312 | 310 | 309 | 292 | 283 | 298 | 262 | 263 | 271 | 259 | |||||
Machinery And Equipment Gross | 1,421 | 1,451 | 1,464 | 1,451 | 1,444 | 1,356 | 1,312 | 1,382 | 1,140 | 1,147 | 1,179 | 1,127 | |||||
Construction In Progress Gross | 50 | 50 | 45 | 45 | 46 | 46 | 42 | 34 | 23 | 23 | 24 | 50 | |||||
Property Plant And Equipment Gross | 1,938 | 1,983 | 1,992 | 1,978 | 1,968 | 1,855 | 1,787 | 1,876 | 1,552 | 1,558 | 1,609 | 1,561 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 1,205 | 1,244 | 1,241 | 1,224 | 1,208 | 1,121 | 1,064 | 1,125 | 1,076 | 1,064 | 1,091 | 1,049 | |||||
Property Plant And Equipment Net | 732 | 739 | 752 | 754 | 760 | 734 | 723 | 751 | 476 | 494 | 517 | 512 | |||||
Assets | 2,575 | 2,610 | 2,632 | 2,716 | 2,763 | 2,757 | 2,800 | 2,787 | 2,533 | 2,559 | 2,737 | 2,607 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Long Term Debt And Capital Lease Obligations Curre… | 1 | 1 | 1 | 1 | 89 | 82 | 79 | 85 | 1 | 1 | 1 | 1 | |||||
Accounts Payable Current | - | - | 231 | - | - | - | 250 | - | - | - | 229 | - | |||||
Accrued Liabilities Current | - | - | 199 | - | - | - | 199 | - | - | - | 217 | - | |||||
Accounts Payable And Accrued Liabilities Current | 356 | 370 | - | 359 | 381 | 416 | - | 401 | 368 | 367 | - | 393 | |||||
Accrued Environmental Loss Contingencies Current | - | 3 | 3 | 4 | 4 | 4 | 60 | - | - | - | 4 | - | |||||
Litigation Reserve Current | - | - | - | - | - | - | 16 | - | - | - | 12 | - | |||||
Other Liabilities Current | - | - | 1 | - | - | - | 17 | - | - | - | 30 | - | |||||
Accrued Income Taxes Current | 5 | 15 | 14 | 5 | 9 | 27 | 23 | 18 | 10 | 18 | 16 | 9 | |||||
Liabilities Current | 361 | 386 | 449 | 369 | 483 | 529 | 644 | 504 | 379 | 385 | 507 | 403 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Debt And Capital Lease Obligations | 587 | 625 | 591 | 662 | 545 | 526 | 484 | 527 | 497 | 511 | 546 | 532 | |||||
Defined Benefit Pension Plan Liabilities Noncurren… | 74 | 76 | 81 | 125 | 127 | 119 | 118 | 145 | 141 | 145 | 152 | 124 | |||||
Accrued Environmental Loss Contingencies Noncurren… | 15 | 15 | 15 | 14 | 14 | 15 | 15 | 93 | 93 | 93 | 93 | 93 | |||||
Deferred Income Tax Liabilities | 58 | 56 | 56 | 50 | 64 | 61 | 58 | 40 | 13 | 30 | 17 | 50 | |||||
Due To Related Parties Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 19 | |||||
Litigation Reserve Noncurrent | - | - | - | - | - | - | - | - | - | - | 16 | - | |||||
Other Liabilities Noncurrent | 81 | 82 | 77 | 95 | 100 | 95 | 103 | 112 | 123 | 126 | 111 | 119 | |||||
Liabilities Noncurrent | 814 | 853 | 819 | 946 | 850 | 815 | 777 | 917 | 868 | 924 | 954 | 938 | |||||
Preferred Stock Value | - | - | - | - | - | - | - | 0 | 0 | 0 | - | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 671 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | 670 | |||||
Retained Earnings Accumulated Deficit | 528 | 508 | 508 | 564 | 588 | 589 | 575 | 554 | 499 | 467 | 476 | 460 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -106 | -103 | -106 | -137 | -138 | -147 | -159 | -152 | -157 | -159 | -146 | -148 | |||||
Treasury Stock Value | -50 | -50 | -50 | -50 | -50 | -50 | -50 | -50 | -50 | -50 | -50 | -50 | |||||
Stockholders Equity | 1,044 | 1,371 | 1,023 | 1,048 | 1,430 | 1,063 | 1,036 | 1,367 | 1,287 | 1,265 | 951 | 1,279 | |||||
Minority Interest | 355 | 345 | 341 | 353 | 359 | 351 | 343 | 344 | 324 | 322 | 326 | 333 | |||||
Liabilities And Stockholders Equity | 2,575 | 2,610 | 2,632 | 2,716 | 2,763 | 2,757 | 2,800 | 2,787 | 2,533 | 2,559 | 2,737 | 2,607 | |||||
Preferred Stock Par Or Stated Value Per Share | - | - | 0.01 | - | - | - | 0.01 | - | - | - | 0.01 | - | |||||
Preferred Stock Shares Authorized | - | - | 1 | - | - | - | 1 | - | - | - | 1 | - | |||||
Preferred Stock Shares Issued | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Common Stock Par Or Stated Value Per Share | - | - | 0.01 | - | - | - | 0.01 | - | - | - | 0.01 | - | |||||
Common Stock Shares Authorized | - | - | 50 | - | - | - | 50 | - | - | - | 50 | - | |||||
Common Stock Shares Issued | - | - | 30 | - | - | - | 30 | - | - | - | 30 | - | |||||
Shares Outstanding | - | - | 30 | - | - | - | 30 | - | - | - | 30 | - | |||||
Treasury Stock Common Shares | - | - | 1 | - | - | - | 1 | - | - | - | 1 | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.77% | 3.88% | -4.07% | - | - | - | - | - | - | - | - | - |
| 2025 | -19.60% | -10.16% | -1.45% | 6.74% | 3.92% | -3.45% | -3.30% | -7.87% | 9.44% | 0.74% | 9.50% | 3.32% |
| 2024 | 23.34% | 13.55% | 29.02% | 72.74% | 99.84% | 103.99% | -33.56% | -42.20% | -37.14% | 4.55% | 0.38% | -5.69% |
| 2023 | - | - | - | - | - | - | 22.42% | 34.85% | 30.06% | 25.04% | 9.17% | 38.36% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 3.37 | 3.25 | 2.80 | 3.64 | 2.83 | 2.67 | 2.26 | 2.79 | 3.49 | 3.45 | 2.91 | 3.40 | |||||
| Quick Ratio | 1.81 | 1.62 | 1.21 | 1.59 | 1.24 | 1.17 | 1.09 | 1.50 | 2.13 | 2.02 | 1.63 | 1.94 | |||||
| Working Capital | 855.80M | 867.60M | 809.80M | 972.40M | 884.30M | 881.40M | 809.90M | 902.30M | 945.00M | 943.30M | 968.30M | 966.70M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.13 | 0.90 | 0.93 | 1.26 | 0.93 | 1.26 | 1.03 | 1.04 | 0.97 | 1.04 | 1.14 | 1.05 | |||||
| Interest Coverage TTM | 0.54 | -0.12 | 0.25 | 2.47 | 4.37 | 5.04 | 4.83 | 4.14 | 1.94 | 0.62 | -0.22 | 0.45 | |||||
| Debt Ratio | 0.46 | 0.47 | 0.48 | 0.48 | 0.48 | 0.49 | 0.51 | 0.51 | 0.49 | 0.51 | 0.53 | 0.51 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.81 | 0.78 | 0.76 | 0.75 | 0.79 | 0.79 | 0.76 | 0.77 | 0.78 | 0.74 | 0.69 | 0.69 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -1.44 | -2.66 | -1.96 | 0.51 | 3.31 | 4.32 | 3.86 | 3.29 | 1.21 | 0.06 | -0.35 | 0.48 | |||||
| Free Cash Flow Per Share TTM | 2.20 | 1.05 | -2.93 | -4.86 | -4.29 | -3.57 | 0.47 | 1.37 | 2.13 | 1.58 | -1.59 | -4.16 | |||||
| Dividend Per Share TTM | 0.32 | 0.32 | 0.33 | 0.32 | 0.32 | 0.32 | 0.33 | 0.32 | 0.32 | 0.32 | 0.33 | 0.33 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 14.69% | 13.15% | 14.22% | 17.53% | 19.94% | 21.81% | 20.17% | 18.73% | 16.56% | 14.16% | 12.76% | 12.44% | |||||
| Operating Profit Margin TTM | -1.29% | -2.84% | -2.07% | 5.21% | 11.22% | 12.16% | 11.60% | 8.78% | 2.63% | 0.42% | -1.01% | -2.42% | |||||
| Net Profit Margin TTM | -1.90% | -3.61% | -2.64% | 0.70% | 4.50% | 5.82% | 5.13% | 4.51% | 1.71% | 0.08% | -0.52% | 0.71% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 3.38% | -0.68% | -1.32% | -0.65% | 4.04% | 7.82% | 9.53% | 10.99% | 2.73% | -6.07% | -13.53% | -25.24% | |||||
| Net Income Growth (1Y) | -143.63% | -161.54% | -150.83% | -84.53% | 173.04% | 7,587.50% | -1,190.91% | 604.51% | -38.17% | -98.16% | -107.27% | -90.62% | |||||
| EPS Growth (1Y) | -143.63% | -161.54% | -150.83% | -84.53% | 173.04% | 7,587.50% | -1,190.91% | 592.15% | -38.17% | -98.16% | -107.40% | -90.45% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -10.17 | -5.35 | -6.07 | 30.45 | 4.78 | 3.66 | 5.87 | 9.79 | 14.17 | 293.05 | -40.90 | 26.42 | |||||
| P/B TTM | 0.40 | 0.30 | 0.24 | 0.42 | 0.31 | 0.42 | 0.46 | 0.67 | 0.38 | 0.37 | 0.32 | 0.27 | |||||
| P/S TTM | 0.19 | 0.19 | 0.16 | 0.21 | 0.21 | 0.21 | 0.30 | 0.44 | 0.24 | 0.24 | 0.21 | 0.19 | |||||
| Market Cap | 418.10M | 405.22M | 333.49M | 441.57M | 449.96M | 449.98M | 633.53M | 917.17M | 488.71M | 468.88M | 404.93M | 351.44M | |||||
| Enterprise Value | 795.90M | 836.82M | 711.19M | 920.37M | 894.96M | 863.28M | 848.63M | 1.21B | 613.81M | 639.78M | 544.43M | 542.54M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 62.70M | 29.90M | -82.10M | -138.60M | -122.40M | -101.80M | 13.10M | 39.10M | 60.80M | 45.10M | -44.60M | -116.50M | |||||
| Net Debt | 377.80M | 431.60M | 377.70M | 478.80M | 445.00M | 413.30M | 215.10M | 296.70M | 125.10M | 170.90M | 139.50M | 191.10M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| EV Revenue TTM | |||||||||||||||||
| EV FCF TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
VALHI INC /DE/ (VHI) — SEC Financial Statements & Analysis
VALHI INC /DE/ (VHI) is a industrial inorganic chemicals company, incorporated in DE. VALHI INC /DE/ trades on NYSE as: VHI. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), VALHI INC /DE/ reported a 3.38% year-over-year revenue growth, a Gross Profit Margin of 14.69% (TTM), a Debt-to-Equity ratio of 1.13x, a Price-to-Sales (P/S) ratio of 0.19x (TTM), a Price-to-Book (P/B) ratio of 0.40x (TTM), at a market cap of $418.10M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 3.38%
- Gross Profit Margin TTM
- 14.69%
- Debt To Equity
- 1.13x
- P/S TTM
- 0.19x
- P/B TTM
- 0.40x
- Market Cap
- $418.10M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is VALHI INC /DE/ in?
VALHI INC /DE/ (VHI) operates in the Industrial Inorganic Chemicals industry.
What is VHI's market cap?
VALHI INC /DE/ (VHI) has a market capitalization of $418.10M as of 2026-06-30.
What exchange does VHI trade on?
VALHI INC /DE/ (VHI) trades on the NYSE.
Where is VALHI INC /DE/ incorporated?
VALHI INC /DE/ is incorporated in DE.