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Valhi VHI Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Chemicals$1.86B-1.5%$1.89B+13.2%$1.67B-13.7%$1.93B-0.5%
Component Products$158.3M+8.5%$145.9M-9.5%$161.3M-3.2%$166.6M+18.3%
Real Estate Management And Development$59.3M-17.4%$71.8M-23.5%$93.9M-25.3%$125.7M-41.9%
Gross Profit by Business
Chemicals$215.2M-39.7%$357M+118%$163.8M-58.0%$390M-12.3%
Component Products$48.2M+16.7%$41.3M-16.1%$49.2M+0.8%$48.8M+14.3%
Real Estate Management And Development$36.2M+38.2%$26.2M$51.6M-44.3%
Operating Income by Business
Chemicals-$24.5M-118%$138.5M+437%-$41.1M-122%$189.9M-5.4%
Component Products$22.6M+32.9%$17M-33.1%$25.4M0.0%$25.4M+23.9%
Real Estate Management And Development$65.2M+18.1%$55.2M+10.6%$49.9M+26.6%$39.4M-59.5%
Inventory Raw Materials Net Of Reserves by Business
Chemicals$602.2M+6.3%$566.4M-11.2%$637.7M+33.9%$476.3M+17.6%
Component Products$23.3M+7.9%$21.6M-9.2%$23.8M-11.5%$26.9M+49.4%
Inventory Finished Goods Net Of Reserves by Business
Chemicals$1.36B+38.3%$981.5M-10.4%$1.09B-1.2%$1.11B+21.8%
Component Products$19.1M-3.5%$19.8M-8.8%$21.7M+14.2%$19M+41.8%
Cost of Goods Sold by Business
Chemicals$1.65B+7.7%$1.53B+1.8%$1.5B-2.4%$1.54B+3.1%
Component Products$110.1M+5.3%$104.6M-6.7%$112.1M-4.8%$117.8M+20.1%
Real Estate Management And Development$23.1M-49.3%$45.6M-26.1%$61.7M-16.7%$74.1M-40.0%
Depreciation And Amortization by Business
Chemicals$62.7M-0.3%$62.9M+26.1%$49.9M-6.0%$53.1M+0.6%
Component Products$3.7M0.0%$3.7M-7.5%$4M0.0%$4M+5.3%
Inventory Work In Process Net Of Reserves by Business
Chemicals$187.6M+22.2%$153.5M+14.1%$134.5M+10.2%$122M-5.0%
Component Products$81.1M+16.2%$69.8M-16.5%$83.6M+4.4%$80.1M+43.5%
Minority Interest Controlling Percentage In Subsidiary By Parent by Business
Chemicals324%0.0pp324%0.0pp324%0.0pp324%+4.0pp
Component Products348%0.0pp348%0.0pp348%0.0pp348%
Real Estate Management And Development308%0.0pp308%0.0pp308%0.0pp308%0.0pp
Revenue by Product
Marine Components$37.6M+22.5%$30.7M-23.4%$40.1M-23.0%$52.1M+45.9%
Security Products$120.7M+4.8%$115.2M-5.0%$121.2M+5.9%$114.5M+8.9%
Number Of Customers by Product
Land Sales30.0%3-40.0%5
Titanium Dioxide3K+29,900%100.0%10-99.8%4K0.0%
Concentration Risk % by Product
Land Sales10%0.0pp10%0.0pp10%0.0pp10%0.0pp
Titanium Dioxide90%0.0pp90%0.0pp90%-2.0pp92%0.0pp
Revenue by Geography
Asia And Other$286.2M-17.9%$348.6M+11.7%$312.2M-12.8%$358.1M+2.0%
Europe$861.8M+2.3%$842.2M+14.0%$738.5M-16.0%$879M-7.1%
North America$929M+1.6%$914M+4.9%$871M-11.6%$985.4M-1.4%
Other$285.1M-17.9%$347.3M+11.8%$310.6M-12.8%$356.2M+2.2%

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Questions, answered.

How does Valhi break its business down?
Valhi (VHI) reports revenue by business across 3 parts — Chemicals, Component Products and Real Estate Management And Development. Each is extracted from the segment footnotes and tracked over time.
Where does Valhi's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Valhi's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.