Valhi Balance Sheet

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
Cash & Equivalents	193.7	214	348.3	407	478.5	698.4
Short-Term Investments	2.2	2.9	1.9	56.1	75.1	2.6
Cash & Short-Term Investments	195.9	216.9	350.2	463.1	553.6	701
Cash Growth	-0.26%	-38.06%	-24.38%	-16.35%	-21.03%	34.03%
Accounts Receivable	414.8	313.9	325.7	321.1	271	380.7
Other Receivables	-	3.1	0.8	17.5	2.9	18.5
Total Trade Receivables	414.8	317	326.5	338.6	273.9	399.2
Inventory	580.1	659.8	685.8	596.1	640.8	458.7
Other Current Assets	62.8	65.4	91.2	77.6	121.2	114.3
Total Current Assets	1,254	1,259	1,454	1,475	1,590	1,673
Net Property, Plant & Equipment	739	751.6	723.4	517.3	523.8	563.6
Goodwill	382.3	382.3	382.3	379.7	379.7	379.7
Long-Term Investments	5.6	6.1	5.7	115.8	114.1	105.2
Other Long-Term Assets	229.5	233.2	235.1	248.8	228.6	283.5
Total Assets	2,610	2,632	2,800	2,737	2,836	3,005
Accounts Payable	370.1	231.3	250	228.5	199.4	152.7
Accrued Expenses	-	198.6	199.1	216.6	243.6	264.8
Current Portion of Long-Term Debt	0.8	0.8	79	0.7	1.8	3.1
Other Current Liabilities	15.1	18.6	115.7	61.3	48	42.9
Total Current Liabilities	386	449.3	643.8	507.1	492.8	463.5
Long-Term Debt	624.5	590.9	484.4	545.8	557.7	649.9
Other Long-Term Liabilities	228.8	228.4	292.9	407.9	478.4	733.4
Total Long-Term Liabilities	853.3	819.3	777.3	953.7	1,036	1,383
Total Liabilities	1,239	1,269	1,421	1,461	1,529	1,847
Common Stock	0.3	0.3	0.3	0.3	0.3	0.3
Treasury Stock	-49.6	-49.6	-49.6	-49.6	-49.6	-49.6
Additional Paid-in Capital	670.3	670.3	669.9	669.5	669.5	669
Accumulated Other Comprehensive Income	-102.9	-105.8	-159.2	-145.5	-143.9	-191.3
Retained Earnings	507.7	508	574.7	475.8	482.3	401.1
Total Common Shareholders' Equity	1,026	1,023	1,036	950.5	958.6	829.5
Minority Interest	344.9	340.5	343	325.7	348.2	328.9
Shareholders' Equity	1,371	1,364	1,379	1,276	1,307	1,158
Total Liabilities & Equity	2,610	2,632	2,800	2,737	2,836	3,005
Total Debt	625.3	591.7	563.4	546.5	559.5	653
Net Cash (Debt)	-429.4	-374.8	-213.2	-83.4	-5.9	48
Net Cash Per Share	-15.07	-13.15	-7.48	-2.93	-0.21	1.68
Book Value	1,026	1,023	1,036	950.5	958.6	829.5
Book Value Per Share	35.99	35.90	36.35	33.35	33.64	29.11
Tangible Book Value	643.5	640.9	653.8	570.8	578.9	449.8
Tangible Book Value Per Share	22.58	22.49	22.94	20.03	20.31	15.78

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q