Valhi, Inc. (VHI) — Financial statements
Income statement, balance sheet, and cash flow for Valhi, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,077↓1.3% | 2,105↑9.5% | 1,922↓13.5% | 2,223↓3.2% | 2,296 | |
| Cost of Revenue | 1,782↑6.0% | 1,680↑0.2% | 1,677↓3.2% | 1,732↑0.9% | 1,716 | |
| Gross Profit | 295↓30.4% | 425↑73.1% | 245↓50.0% | 490↓15.5% | 580 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00↓100.0% | 16↓5.9% | 17 | |
| General & Administrative Expenses | 312↑20.7% | 259↓10.5% | 289↓9.0% | 318↓3.3% | 329 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 312↑20.7% | 259↓10.5% | 289↓9.0% | 318↓3.3% | 329 | |
| Other Expenses | 0.00 | 0.00 | 0.00↑100.0% | -30↑12.1% | -34 | |
| Operating Expenses | 312↑20.7% | 259↓10.5% | 289↓4.9% | 304↓2.5% | 312 | |
| Total Costs & Expenses | 2,094↑8.0% | 1,939↓1.4% | 1,966↓3.5% | 2,036↑0.4% | 2,028 | |
| Operating Results | ||||||
| Operating Income | -17↓110.2% | 166↑476.6% | -44↓123.6% | 186↓30.5% | 268 | |
| Depreciation & Amortization | 66↓0.4% | 67↑23.3% | 54↓7.5% | 59↓1.3% | 59 | |
| EBITDA | 81↓77.7% | 361↑473.6% | 63↓75.5% | 256↓26.7% | 350 | |
| EBIT | 14↓95.2% | 294↑3242.0% | 9↓95.6% | 198↓31.9% | 290 | |
| Interest & Other Income | ||||||
| Net Interest Income | -41↓44.5% | -28↓284.9% | -7↑57.1% | -17↑40.4% | -29 | |
| Interest Income | 17↓24.3% | 22↑3.8% | 21↑92.7% | 11↑172.5% | 4 | |
| Interest Expense | 57↑14.4% | 50↑76.3% | 28↑1.4% | 28↓14.2% | 33 | |
| Non-Operating Income | -31↑75.9% | -128↓143.2% | -53↓363.2% | -11↑48.2% | -22 | |
| Other Income / Expenses | -26↓133.2% | 79↑220.4% | 25↑248.5% | -17↓57.1% | -11 | |
| Income Before Tax | -43↓117.6% | 244↑1352.3% | -20↓111.5% | 170↓34.1% | 258 | |
| Income Tax Expense | 12↓85.6% | 83↑437.0% | -25↓166.8% | 37↓38.8% | 60 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -55↓134.0% | 161↑3062.7% | 5↓96.2% | 133↓32.7% | 198 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -58↓153.3% | 108↑1190.9% | -10↓111.4% | 87↓31.4% | 127 | |
| Bottom-Line Net Income | -58↓153.3% | 108↑1190.9% | -10↓111.4% | 87↓31.4% | 127 | |
| EPS (Basic) | -2.02↓153.3% | 3.79↑1002.4% | -0.42↓113.3% | 3.16↓29.1% | 4.46 | |
| EPS (Diluted) | -2.02↓153.3% | 3.79↑1002.4% | -0.42↓113.3% | 3.16↓29.1% | 4.46 | |
| Weighted Average Shares | 29↑0.0% | 29↑0.0% | 29↑0.0% | 29↑0.0% | 29 | |
| Weighted Average Diluted Shares | 29↑0.0% | 29↑0.0% | 29↑0.0% | 29↑0.0% | 29 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.