Valhi, Inc. logo

Valhi, Inc.

VHI

NYSEBasic MaterialsChemicals

Previous close

$16.79

+$0.11 · +0.66%

Aug 21, 4:00 PM ET

VHI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

46

Fair Value

Momentum

35

Weakening

Sentiment

60

Mixed

Risk resilience

40

Elevated Risk

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Company profile

Company website

Valhi, Inc. is a diversified enterprise operating in three core sectors: chemicals, component manufacturing, and property management and development. Its global reach encompasses the Asia Pacific region, Europe, and North America. The chemicals division specializes in the production and global distribution of titanium dioxide (TiO2) pigments. These white inorganic pigments are critical raw materials for industries manufacturing paints, plastics, decorative laminates, and paper products, marketed under the KRONOS brand through a network of agents and distributors. In its component products segment, Valhi manufactures various mechanical and electrical locking devices, including cabinet locks and other security mechanisms. These are vital for applications such as vehicle ignition systems, postal boxes, office furniture (e.g., file cabinets, desk drawers), tool storage, vending and cash containment machines, advanced inventory and access control systems (like secure narcotics boxes), medical cabinetry, electronic circuit panels, general storage, and gas station security. This segment also produces specialized stainless steel marine components, such as exhaust systems, gauges, throttle controls, wake enhancement devices, trim tabs, and associated hardware, primarily for high-performance and ski/wakeboard boats. Valhi's real estate management and development segment provides utility services to industrial and municipal customers. It also maintains a portfolio of owned real properties and undertakes land development for commercial, industrial, and residential purposes. Additionally, this segment manages marketable securities and other financial investments. Established in 1932 and headquartered in Dallas, Texas, Valhi, Inc. operates as a subsidiary of Contran Corporation.

Industry
Chemicals
Sector
Basic Materials
Headquarters
US
CEO
Michael S. Simmons
Listed since
Mar 17, 1980
Employees
2,826

Market position

Day range

Current $16.79

52-week range

Current $16.79

Open
$16.88
Previous close
$16.68
Volume
9.13K
0.66× average
Average volume
13.79K
Average daily volume
Market cap
475.2M USD
Beta
0.98
Market reference 1
50-day average
$14.531
+15.55% above average
200-day average
$13.8999
+20.79% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
732.43M USD
P/E (TTM)
-9.33×
P/B (TTM)
0.46×
P/S (TTM)
0.22×
EV / EBITDA
9.1×
Earnings yield
-16.77%
Free cash flow yield
-23.91%
Dividend yield
1.91%

Profitability & efficiency

Gross margin
14.69%
Operating margin
-0.33%
Net margin
-1.75%
Return on equity
-5.63%
Return on assets
-2.19%
Return on invested capital
-0.77%

Financial health

Debt / equity
0.58×
Current ratio
2.8×
Altman Z-score
1.81
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%17%6%-6%Gross margin, FY2021: 25.27%Gross margin, FY2022: 22.07%Gross margin, FY2023: 12.76%Gross margin, FY2024: 20.17%Gross margin, FY2025: 14.22%Operating margin, FY2021: 11.68%Operating margin, FY2022: 8.39%Operating margin, FY2023: -2.29%Operating margin, FY2024: 7.87%Operating margin, FY2025: -0.81%Net margin, FY2021: 5.54%Net margin, FY2022: 3.92%Net margin, FY2023: -0.52%Net margin, FY2024: 5.13%Net margin, FY2025: -2.77%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 25.27%. Gross margin FY2022 22.07%. Gross margin FY2023 12.76%. Gross margin FY2024 20.17%. Gross margin FY2025 14.22%. Operating margin FY2021 11.68%. Operating margin FY2022 8.39%. Operating margin FY2023 -2.29%. Operating margin FY2024 7.87%. Operating margin FY2025 -0.81%. Net margin FY2021 5.54%. Net margin FY2022 3.92%. Net margin FY2023 -0.52%. Net margin FY2024 5.13%. Net margin FY2025 -2.77%.

Income trends

Revenue

2.08B USD-1.32%

Operating income

−16.9M USD−182.6M USD

Net income

−57.6M USD−165.6M USD
Income trends across reported periods2.53B USD1.59B USD648.6M USD−293M USDRevenue, FY2021: 2.3B USDRevenue, FY2022: 2.22B USDRevenue, FY2023: 1.92B USDRevenue, FY2024: 2.1B USDRevenue, FY2025: 2.08B USDOperating income, FY2021: 268.3M USDOperating income, FY2022: 186.4M USDOperating income, FY2023: −44M USDOperating income, FY2024: 165.7M USDOperating income, FY2025: −16.9M USDNet income, FY2021: 127.2M USDNet income, FY2022: 87.2M USDNet income, FY2023: −9.9M USDNet income, FY2024: 108M USDNet income, FY2025: −57.6M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.3B USD. Revenue FY2022 2.22B USD. Revenue FY2023 1.92B USD. Revenue FY2024 2.1B USD. Revenue FY2025 2.08B USD. Operating income FY2021 268.3M USD. Operating income FY2022 186.4M USD. Operating income FY2023 −44M USD. Operating income FY2024 165.7M USD. Operating income FY2025 −16.9M USD. Net income FY2021 127.2M USD. Net income FY2022 87.2M USD. Net income FY2023 −9.9M USD. Net income FY2024 108M USD. Net income FY2025 −57.6M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.08B USD2.1B USD1.92B USD2.22B USD2.3B USD
Cost of goods sold1.78B USD1.68B USD1.68B USD1.73B USD1.72B USD
Gross profit295.4M USD424.5M USD245.2M USD490.4M USD580.2M USD
Research and development16M USD17M USD
Selling, general, and administrative312.3M USD258.8M USD289.2M USD317.9M USD328.9M USD
Operating expenses312.3M USD258.8M USD289.2M USD304M USD311.9M USD
Interest income16.5M USD21.8M USD21M USD10.9M USD4M USD
Interest expense57.1M USD49.9M USD28.3M USD27.9M USD32.5M USD
Depreciation and amortization66.4M USD66.7M USD54.1M USD58.5M USD59.3M USD
Operating income−16.9M USD165.7M USD−44M USD186.4M USD268.3M USD
Net income−57.6M USD108M USD−9.9M USD87.2M USD127.2M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
+273.40%
11 comparable reports
Latest EPS result
0.78
Estimate 0.96 · Miss by 18.41%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.180.09-1-2.09Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual 0.8, estimate 0.6, surprise +33.33%, Beat. Q2 2025, reported May 8, 2025: actual 0.59, estimate 0.66, surprise -10.61%, Miss. Q3 2025, reported Aug 7, 2025: actual 0.03, estimate 0.762, surprise -96.06%, Miss. Q4 2025, reported Nov 6, 2025: actual -0.78, estimate 0.832, surprise -193.75%, Miss. Q1 2026, reported Mar 10, 2026: actual -1.86, estimate 0.865, surprise -315.03%, Miss. Q2 2026, reported May 7, 2026: actual 0.07, estimate 0.773, surprise -90.94%, Miss. Q3 2026, reported Aug 6, 2026: actual 0.78, estimate 0.956, surprise -18.41%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.852, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates630.34M572.45M514.55M456.66MQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25MetQ1 '26MetQ2 '26MetQ3 '26MetQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual 480.9M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 538.6M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 571.5M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 6, 2025: actual 503.5M USD, estimate 503.5M USD, surprise 0.00%, Met estimate. Q1 2026, reported Mar 10, 2026: actual 494.5M USD, estimate 494.5M USD, surprise 0.00%, Met estimate. Q2 2026, reported May 7, 2026: actual 560.1M USD, estimate 560.1M USD, surprise 0.00%, Met estimate. Q3 2026, reported Aug 6, 2026: actual 606.1M USD, estimate 606.1M USD, surprise 0.00%, Met estimate. Q4 2026, reported Nov 5, 2026: actual —, estimate 605.66M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

1 institution
BarclaysmaintainUnderweight

VHI news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.32

2025 complete year0.0% since 2021

2026 partial: $0.16

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 3, 2026

$0.08

Quarterly

Record Sep 3, 2026 · Payment Sep 24, 2026

Dividend

Ex-dividend Jun 4, 2026

$0.08

Quarterly

Record Jun 4, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Mar 16, 2026

$0.08

Quarterly

Record Mar 16, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Nov 21, 2025

$0.08

Quarterly

Record Nov 21, 2025 · Payment Dec 18, 2025

Dividend

Ex-dividend Sep 5, 2025

$0.08

Quarterly

Record Sep 5, 2025 · Payment Sep 25, 2025

Dividend

Ex-dividend Jun 9, 2025

$0.08

Quarterly

Record Jun 9, 2025 · Payment Jun 26, 2025

VHI peers

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