Valhi, Inc. (VHI)
NYSE: VHI · Real-Time Price · USD
16.34
+0.12 (0.74%)
At close: Nov 10, 2026, 4:00 PM EST
16.26
-0.08 (-0.49%)
After-hours: Nov 10, 2026, 7:00 PM EST
Valhi Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | 216.9 | 214 | 348.3 | 407 | 478.5 | 698.4 |
Short-Term Investments | 2.9 | 2.9 | 1.9 | 56.1 | 75.1 | 2.6 |
Cash & Short-Term Investments | 219.8 | 216.9 | 350.2 | 463.1 | 553.6 | 701 |
Cash Growth | 17.79% | -38.06% | -24.38% | -16.35% | -21.03% | 34.03% |
Accounts Receivable | 391.1 | 281.3 | 280 | 304.8 | 235.8 | 358.6 |
Other Receivables | 48.8 | 37.6 | 47.8 | 35.6 | 46.1 | 45.1 |
Receivables | 439.9 | 318.9 | 327.8 | 340.4 | 281.9 | 403.7 |
Inventory | 515.3 | 659.8 | 685.8 | 596.1 | 640.8 | 458.7 |
Prepaid Expenses | 44.9 | 54.9 | 65.1 | 53.2 | 66.9 | 57.2 |
Restricted Cash | 6 | 8.6 | 24.8 | 22.6 | 46.3 | 52.6 |
Total Current Assets | 1,226 | 1,259 | 1,454 | 1,475 | 1,590 | 1,673 |
Property, Plant & Equipment | 753.2 | 771.5 | 744 | 540 | 545.3 | 583.5 |
Long-Term Investments | 6.7 | 6.1 | 5.7 | 115.8 | 114.1 | 105.2 |
Goodwill | 382.3 | 382.3 | 382.3 | 379.7 | 379.7 | 379.7 |
Long-Term Deferred Tax Assets | 18.7 | 35.2 | 53.8 | 67 | 40.5 | 86.8 |
Other Long-Term Assets | 67.7 | 62 | 69.1 | 90 | 117.3 | 138.1 |
Total Assets | 2,582 | 2,632 | 2,800 | 2,737 | 2,836 | 3,005 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Accounts Payable | 180.7 | 232.6 | 250.2 | 248.4 | 216.5 | 170 |
Accrued Expenses | 146 | 171.3 | 227.1 | 127.6 | 129.1 | 135.3 |
Current Portion of Long-Term Debt | 0.8 | 0.8 | 79 | 0.7 | 1.8 | 3.1 |
Current Portion of Leases | 3.7 | 4.2 | 3.5 | 3.9 | 3.8 | 3.7 |
Current Income Taxes Payable | 9.2 | 14.4 | 39.4 | 25.9 | 19.1 | 13.8 |
Current Unearned Revenue | 24.5 | 25.9 | 28.2 | 88.8 | 110.7 | 125.8 |
Other Current Liabilities | 7.2 | 0.1 | 16.4 | 11.8 | 11.8 | 11.8 |
Total Current Liabilities | 372.1 | 449.3 | 643.8 | 507.1 | 492.8 | 463.5 |
Long-Term Debt | 554.7 | 590.9 | 484.4 | 545.8 | 557.7 | 649.9 |
Long-Term Leases | 15.8 | 15.7 | 17.1 | 18.6 | 17.4 | 15.8 |
Long-Term Unearned Revenue | 2.6 | 2.9 | 11.8 | 15.5 | 25.9 | 81.6 |
Pension & Post-Retirement Benefits | 81.8 | 91.9 | 128.8 | 163.9 | 143.5 | 307.4 |
Long-Term Deferred Tax Liabilities | 56.8 | 55.8 | 57.7 | 17.1 | 63.5 | 46.2 |
Other Long-Term Liabilities | 66.4 | 62.1 | 77.5 | 192.8 | 228.1 | 282.4 |
Total Liabilities | 1,150 | 1,269 | 1,421 | 1,461 | 1,529 | 1,847 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Common Stock | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
Additional Paid-In Capital | 671.2 | 670.3 | 669.9 | 669.5 | 669.5 | 669 |
Retained Earnings | 555.7 | 508 | 574.7 | 475.8 | 482.3 | 401.1 |
Treasury Stock | -49.6 | -49.6 | -49.6 | -49.6 | -49.6 | -49.6 |
Comprehensive Income & Other | -102.9 | -105.8 | -159.2 | -145.5 | -143.9 | -191.3 |
Total Common Equity | 1,075 | 1,023 | 1,036 | 950.5 | 958.6 | 829.5 |
Minority Interest | 356.9 | 340.5 | 343 | 325.7 | 348.2 | 328.9 |
Shareholders' Equity | 1,432 | 1,364 | 1,379 | 1,276 | 1,307 | 1,158 |
Total Liabilities & Equity | 2,582 | 2,632 | 2,800 | 2,737 | 2,836 | 3,005 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Total Debt | 575 | 611.6 | 584 | 569 | 580.7 | 672.5 |
Net Cash (Debt) | -348.5 | -388.6 | -228.1 | -101.1 | -25.9 | 31.8 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -12.20 | -13.64 | -8.00 | -3.55 | -0.91 | 1.12 |
Filing Date Shares Outstanding | 28.32 | 28.3 | 28.29 | 28.29 | 28.28 | 28.28 |
Total Common Shares Outstanding | 28.32 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 |
Working Capital | 853.8 | 809.8 | 809.9 | 968.3 | 1,097 | 1,210 |
Book Value Per Share | 37.95 | 35.90 | 36.35 | 33.35 | 33.64 | 29.11 |
Tangible Book Value | 692.4 | 640.9 | 653.8 | 570.8 | 578.9 | 449.8 |
Tangible Book Value Per Share | 24.45 | 22.49 | 22.94 | 20.03 | 20.31 | 15.78 |
Land | 78.3 | 79.4 | 74.7 | 45.1 | 42.5 | 50.3 |
Buildings | 302.2 | 311.7 | 282.6 | 271.2 | 249.2 | 252.6 |
Machinery | 1,445 | 1,464 | 1,312 | 1,179 | 1,107 | 1,195 |
Construction In Progress | 62.4 | 45 | 41.7 | 23.6 | 77.2 | 82.9 |