Valhi, Inc. (VHI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.2B	2.1B	2.1B	1.9B	2.2B
Cost of Revenue	1.8B	1.8B	1.7B	1.7B	1.7B
Gross Profit	317.9M	295.4M	424.5M	245.2M	490.4M
Operating Expenses
R&D Expense	—	—	—	—	16.0M
SG&A Expense	308.9M	312.3M	258.8M	289.2M	317.9M
General & Admin Expense	154.6M	312.3M	258.8M	289.2M	317.9M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	16.2M	—	—	—	(29.9M)
Total Operating Expenses	325.1M	312.3M	258.8M	289.2M	304.0M
Cost and Expenses	2.2B	2.1B	1.9B	2.0B	2.0B
Operating Income (EBIT)	(7.2M)	(16.9M)	165.7M	(44.0M)	186.4M
Non-Operating
Interest Income	7.9M	16.5M	21.8M	21.0M	10.9M
Interest Expense	59.5M	57.1M	49.9M	28.3M	27.9M
Net Interest Income	(51.6M)	(40.6M)	(28.1M)	(7.3M)	(17.0M)
Other Non-Op Income/Expense	(20.7M)	(26.1M)	78.5M	24.5M	(16.5M)
Non-Operating Income (excl Interest)	(38.8M)	(31.0M)	(128.4M)	(52.8M)	(11.4M)
EBT (Pre-Tax Income)	(27.9M)	(43.0M)	244.2M	(19.5M)	169.9M
Income Tax Expense	14.0M	11.9M	82.9M	(24.6M)	36.8M
Bottom Line
Net Income	(37.9M)	(57.6M)	108.0M	(9.9M)	87.2M
Earnings from Cont. Ops	(41.9M)	(54.9M)	161.3M	5.1M	133.1M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(51.1M)	(57.6M)	108.0M	(9.9M)	87.2M
Per Share
Basic EPS	($1.80)	($2.02)	$3.79	($0.42)	$3.16
Diluted EPS	($1.80)	($2.02)	$3.79	($0.42)	$3.16
Revenue Per Share	$75.94	$72.88	$73.85	$67.43	$77.98
Shares
Basic Shares Outstanding	28.5M	28.5M	28.5M	28.5M	28.5M
Diluted Shares Outstanding	28.5M	28.5M	28.5M	28.5M	28.5M
Profitability Metrics
EBITDA	83.0M	80.5M	360.8M	62.9M	256.3M
D&A	51.4M	66.4M	66.7M	54.1M	58.5M
EBIT	31.6M	14.1M	294.1M	8.8M	197.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026