15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $2.1B | -$58M | 14.2% | 3.0% | -$82M | — | $214M |
| 2024 | $2.1B | $108M | 20.2% | 10.0% | $13M | — | $348M |
| 2023 | $1.9B | -$10M | 12.8% | 1.8% | -$45M | — | $407M |
| 2022 | $2.2B | $87M | 22.1% | 10.8% | -$33M | — | $479M |
| 2021 | $2.3B | $127M | 25.3% | 13.9% | $396M | — | $698M |
| 2020 | $1.8B | $55M | 22.3% | 10.1% | $87M | — | $519M |
| 2019 | $1.9B | $49M | 22.9% | 10.2% | $117M | — | $524M |
| 2018 | $1.8B | $262M | 33.5% | 20.4% | $104M | — | $500M |
| 2017 | $1.9B | $208M | 32.6% | 20.2% | $188M | — | $436M |
| 2016 | $1.5B | -$16M | 20.3% | 7.8% | $21M | — | $160M |
| 2015 | — | -$134M | — | — | — | — | $202M |
| 2014 | — | $54M | — | — | -$5M | — | $256M |
| 2013 | — | -$98M | — | — | $43M | — | $143M |
| 2012 | — | $160M | — | — | -$27M | — | $367M |
| 2011 | — | $218M | — | — | $146M | $736M | $96M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $560M | $2M | 18.4% | 5.9% | -$57M | — | $194M |
| Dec '25 | $495M | -$53M | 6.9% | -6.2% | $90M | — | $214M |
| Sep '25 | $504M | -$22M | 12.0% | 1.7% | -$12M | — | $184M |
| Jun '25 | $540M | $900000 | 14.5% | 6.6% | $9M | — | $189M |
| Mar '25 | $539M | $17M | 22.7% | 9.3% | -$169M | — | $195M |
| Dec '24 | $481M | $23M | 20.9% | 11.8% | $33M | — | $348M |
| Sep '24 | $534M | $58M | 21.8% | 12.7% | $4M | — | $315M |
| Jun '24 | $560M | $20M | 21.7% | 9.8% | $30M | — | $373M |
| Mar '24 | $531M | $8M | 16.3% | 5.9% | -$54M | — | $341M |
| Dec '23 | $453M | $5M | 14.3% | 3.8% | $59M | — | $407M |
| Sep '23 | $469M | -$6M | 12.9% | 0.5% | $26M | — | $342M |
| Jun '23 | $507M | -$3M | 12.9% | 2.4% | $14M | — | $298M |
| Mar '23 | $493M | -$5M | 11.0% | 0.5% | -$144M | — | $298M |
| Dec '22 | $403M | -$9M | 13.1% | -0.6% | -$13M | — | $479M |
| Sep '22 | $556M | $26M | 21.6% | 12.5% | -$15M | — | $579M |
| Jun '22 | $635M | $28M | 23.1% | 11.3% | $34M | — | $644M |
| Mar '22 | $629M | $45M | 27.1% | 16.0% | -$39M | — | $640M |
| Dec '21 | $683M | $52M | 28.3% | 19.1% | $246M | — | $698M |
| Sep '21 | $579M | $39M | 26.4% | 14.0% | $97M | — | $555M |
| Jun '21 | $525M | $21M | 23.7% | 10.6% | $8M | — | $520M |
How the market has priced VHI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, VALHI INC /DE/'s revenue has grown 2.3% per year. These are computed facts, not advice.
As of FY2025, VALHI INC /DE/ reported — of total debt against $214M of cash; operating income covered interest expense 1.1×.
In FY2025, gross margin was 14.2%, operating margin 3.0%, and net margin -2.8%.
As of Jun '26, VALHI INC /DE/ traded at a price-to-earnings ratio of about 3.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.