Valhi Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,099	2,077	2,105	1,922	2,223	2,296
Revenue Growth (YoY)	-0.68%	-1.32%	9.53%	-13.53%	-3.22%	24.15%
Cost of Revenue	1,823	1,782	1,680	1,677	1,732	1,716
Gross Profit	275.9	295.4	424.5	245.2	490.4	580.2
Selling, General & Admin	311.3	312.3	256.2	277.4	304	311.9
Other Operating Expenses	37.3	37.3	65	14.4	32.3	17
Total Operating Expenses	348.6	349.6	321.2	291.8	336.3	328.9
Operating Income	-72.7	-54.2	103.3	-46.6	154.1	251.3
Interest Income	4	-	-	-	-	-
Interest Expense	-73.8	-57.1	-49.9	-28.3	-27.9	-32.5
Other Non-Operating Income (Expense)	22.8	59.1	61.8	55.4	43.7	39
Total Non-Operating Income (Expense)	-47	2	11.9	27.1	15.8	6.5
Pretax Income	-59.7	-43	244.2	-19.5	169.9	257.8
Provision for Income Taxes	10.2	11.9	82.9	-24.6	36.8	60.1
Net Income	-69.9	-54.9	161.3	5.1	133.1	197.7
Minority Interest in Earnings	2.6	2.7	53.3	15	45.9	70.5
Net Income to Common	-72.5	-57.6	108	-9.9	87.2	127.2
Net Income Growth	-	-	-	-	-31.45%	130.44%
Shares Outstanding (Basic)	29	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
EPS (Basic)	-2.54	-2.02	3.79	-0.35	3.06	4.46
EPS (Diluted)	-2.54	-2.02	3.79	-0.35	3.06	4.46
EPS Growth	-	-	-	-	-31.39%	129.90%
Free Cash Flow	29.9	-82.1	13.1	-44.6	-32.7	395.6
Free Cash Flow Growth	-	-	-	-	-	356.29%
Free Cash Flow Per Share	1.05	-2.88	0.46	-1.56	-1.15	13.88
Dividends Per Share	0.320	0.320	0.320	0.320	0.320	0.320
Dividend Growth	-	-	-	-	-	-33.33%
Gross Margin	13.15%	14.22%	20.17%	12.76%	22.07%	25.27%
Operating Margin	-3.46%	-2.61%	4.91%	-2.42%	6.93%	10.94%
Profit Margin	-3.33%	-2.64%	7.66%	0.27%	5.99%	8.61%
FCF Margin	1.42%	-3.95%	0.62%	-2.32%	-1.47%	17.23%
EBITDA	-4.8	12.2	170	7.5	212.6	310.6
EBITDA Margin	-0.23%	0.59%	8.08%	0.39%	9.57%	13.53%
EBIT	-72.7	-54.2	103.3	-46.6	154.1	251.3
EBIT Margin	-3.46%	-2.61%	4.91%	-2.42%	6.93%	10.94%
Effective Tax Rate	-17.09%	-27.67%	33.95%	126.15%	21.66%	23.31%

SEC Filings: 10-K · 10-Q