Valhi Cash Flow 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
Net Income	-69.9	-54.9	161.3	5.1	133.1	197.7
Depreciation & Amortization	67.9	66.4	66.7	54.1	58.5	59.3
Other Adjustments	-6.2	17.2	-23.4	-37.7	32.4	16.5
Change in Receivables	-12.8	37.1	-16.7	-44.6	81.1	-64.6
Changes in Inventories	175.4	74.7	-41	56.7	-204.2	58.3
Changes in Accounts Payable	-99.5	-106.3	-60.2	11.2	3.9	154.3
Changes in Income Taxes Payable	-11.7	-11.8	9.2	9.3	-0.5	-1.6
Changes in Other Operating Activities	-8.8	-57.9	-51.9	-50.2	-69.4	39.8
Operating Cash Flow	74.3	-35.5	44	3.9	34.9	459.7
Operating Cash Flow Growth	-	-	1028.20%	-88.83%	-92.41%	202.04%
Capital Expenditures	-44.4	-46.6	-30.9	-48.5	-67.6	-64.1
Purchases of Investments	-	-3.1	-2.7	-66.4	-73.6	-4
Proceeds from Sale of Investments	2.5	1.9	57	85.7	2.9	5.2
Cash Acquisitions	-	-	-156.8	-	-	-
Proceeds from Business Divestments	-	-	2.6	-	-8.6	-
Other Investing Activities	-	-	5.8	0.2	0.2	25.5
Investing Cash Flow	-45	-47.8	-125	-29	-146.7	-37.4
Short-Term Debt Repaid	-636.9	-649.8	-148.9	-	-	-
Net Short-Term Debt Issued (Repaid)	-636.9	-649.8	-148.9	-	-	-
Long-Term Debt Issued	651.6	726.5	292.5	-	-	-
Long-Term Debt Repaid	-116	-109.7	-102.2	-29.8	-62	-102.3
Net Long-Term Debt Issued (Repaid)	535.6	616.8	190.3	-29.8	-62	-102.3
Repurchase of Common Stock	-	-	-	-2.9	-4	-1.5
Net Common Stock Issued (Repurchased)	-	-	-	-2.9	-4	-1.5
Common Dividends Paid	-9.1	-9.1	-9.1	-9.1	-9	-9
Other Financing Activities	-24.1	-29	-34.6	-34.1	-39	-76.3
Financing Cash Flow	-48.5	-71.1	-2.3	-75.9	-114	-189.1
Foreign Exchange Rate Adjustments	2.8	4.5	-0.1	1	-5.1	-10.6
Net Cash Flow	-19.2	-154.4	-83.3	-101	-225.8	233.2
Free Cash Flow	29.9	-82.1	13.1	-44.6	-32.7	395.6
Free Cash Flow Growth	-	-	-	-	-	356.29%
FCF Margin	1.42%	-3.95%	0.62%	-2.32%	-1.47%	17.23%
Free Cash Flow Per Share	1.05	-2.88	0.46	-1.56	-1.15	13.88
Levered Free Cash Flow	-94.9	-172.1	41.3	-7.1	-254.1	270.9
Unlevered Free Cash Flow	-0.84	-150.7	-39.87	44.79	-158.58	438.72

SEC Filings: 10-K · 10-Q