Valhi, Inc. (VHI)

Valhi Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,977	2,266	2,335	1,878	1,938
Revenue Growth (YoY)	-12.76%	-2.96%	24.35%	-3.11%	2.60%
Cost of Revenue	1,677	1,732	1,716	1,438	1,463
Gross Profit	300.6	534.1	619.2	440.5	475.5
Selling, General & Admin	277.4	304	311.9	283.6	294.2
Other Operating Expenses	14.4	32.3	17	20.1	35.8
Operating Expenses	291.8	336.3	328.9	303.7	330
Operating Income	8.8	197.8	290.3	136.8	145.5
Interest Expense / Income	28.3	27.9	32.5	36.2	40.8
Other Expense / Income	15	45.9	70.5	29.5	29
Pretax Income	-34.5	124	187.3	71.1	75.7
Income Tax	-22.4	33.8	60.1	15.9	26.5
Net Income	-12.1	90.2	127.2	55.2	49.2
Net Income Growth	-	-29.09%	130.43%	12.20%	-81.24%
Shares Outstanding (Basic)	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29
EPS (Basic)	-0.42	3.16	4.46	1.94	1.73
EPS (Diluted)	-0.42	3.16	4.46	1.94	1.73
EPS Growth	-	-29.15%	129.90%	12.14%	-81.20%
Free Cash Flow	-42.8	-32.7	419	86.7	121.9
Free Cash Flow Per Share	-1.50	-1.15	14.70	3.04	4.28
Dividend Per Share	0.320	0.320	0.320	0.480	0.960
Dividend Growth	0%	0%	-33.33%	-50.00%	0%
Gross Margin	15.20%	23.57%	26.51%	23.45%	24.53%
Operating Margin	0.45%	8.73%	12.43%	7.28%	7.51%
Profit Margin	-0.61%	3.98%	5.45%	2.94%	2.54%
Free Cash Flow Margin	-2.16%	-1.44%	17.94%	4.62%	6.29%
Effective Tax Rate	-	27.26%	32.09%	22.36%	35.01%
EBITDA	47.9	210.4	279.1	175.8	173.3
EBITDA Margin	2.42%	9.28%	11.95%	9.36%	8.94%
Depreciation & Amortization	54.1	58.5	59.3	68.5	56.8
EBIT	-6.2	151.9	219.8	107.3	116.5
EBIT Margin	-0.31%	6.70%	9.41%	5.71%	6.01%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).