VHI · XBRL financial data

Valhi financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (VHI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	1,850	2,296	2,223	1,922	2,105	2,077
Cost of goods and services sold	1,438	1,716	1,732	1,677	1,680	1,782
Gross profit	412	580	490	245	425	295
Research and development	16	17	16	18	14	17
Selling, general and administrative	284	312	304	277	256	312
General and administrative	34	35	37	35	4	35
Other operating income (expense)	—	—	(2)	(3)	2	—
Operating income (loss)	186	319	239	34	211	63
Interest income	5	4	10	21	22	17
Interest expense	36	33	28	28	50	57
Other income (expense)	2	2	3	3	5	3
Income tax expense (benefit)	16	60	34	(22)	83	12
Net income (loss)	55	127	90	(12)	108	(58)
Earnings per share, basic USD per share	1.94	4.46	3.16	(0.42)	3.79	(2.02)
Earnings per share, diluted USD per share	1.94	4.46	3.16	(0.42)	3.79	(2.02)
Weighted average shares, basic millions of shares	29	29	29	29	0	0
Weighted average shares, diluted millions of shares	29	29	29	29	0	0

Fiscal years (VHI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	519	698	479	407	348	214
Marketable securities	4	3	75	56	2	3
Marketable securities, non-current	3	3	1	5	6	6
Inventory	538	459	641	596	686	660
Prepaid and other current assets	36	57	67	53	65	55
Total current assets	1,453	1,673	1,590	1,475	1,454	1,259
Property and equipment, net	590	564	524	517	723	752
Right-of-use asset	26	20	22	23	21	20
Goodwill	380	380	380	380	382	382
Total assets	2,889	3,005	2,836	2,737	2,800	2,632
Accounts payable	118	153	199	229	250	231
Accrued liabilities	143	265	244	220	199	199
Total current liabilities	318	464	493	507	644	449
Lease liability, non-current	19	16	17	19	17	16
Retained earnings	283	401	482	461	575	508
Total stockholders' equity	683	830	959	936	1,036	1,023
Total liabilities and equity	2,889	3,005	2,836	2,737	2,800	2,632
Common shares outstanding (cover page) millions of shares	28	28	28	28	28	28

Fiscal years (VHI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	55	127	90	(12)	108	(58)
Net cash from operating activities	152	460	35	4	44	(36)
Purchases of property and equipment	66	64	68	49	31	47
Net cash from investing activities	(57)	(37)	(147)	(29)	(125)	(48)
Share repurchases	1	2	4	3	—	—
Dividends paid	14	9	9	9	9	9
Repayments of long-term debt	59	102	62	30	102	110
Net cash from financing activities	(123)	(189)	(114)	(76)	(2)	(71)
Net change in cash	(14)	223	—	—	—	—

SIC 2810 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 2810 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (2810) companies nearest in public float, each marked “added: same SIC”.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Valhi	210	606	59*	28.3M	Q2 FY26 10-QJun 30, 2026
Nli Holdings	107	44	11*	48.9M	Q2 FY26 10-QJun 30, 2026
Kronos Worldwide	27	558	53*	115.1M	Q2 FY26 10-QJun 30, 2026
Luxfer Holdingsadded: same SIC	20	92	16*	26.8M	Q3 FY26 10-QSep 27, 2026
LIGHTBRIDGEadded: same SIC	237	0	(4.9)*	38.8M	Q3 FY26 10-QSep 30, 2026
LSB Industriesadded: same SIC	38	159	21*	72.0M	Q3 FY26 10-QSep 30, 2026
Tronox Holdingsadded: same SIC	194	868	105*	159.7M	Q2 FY26 10-QJun 30, 2026
Minerals Technologiesadded: same SIC	372	555	76*	31.1M	Q3 FY26 10-QOct 4, 2026
Standard Nuclearadded: same SIC	102	4.7	not reported	0	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.