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Valhi VHI Chemicals — Operating Income

Other segment segments

Real Estate Management And Development
$18.4M-2.6%
Component Products
$8.9M+41.3%

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Other financials

Income statement

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Revenue$606.1M+12.2%
Gross profit$120.1M+53.8%
Net income$22.3M+2,378%
EPS (diluted)$0.78+2,500%

Balance sheet

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Cash & equivalents$209.7M+11.2%
Total debt$591.4M-7.3%
Total equity$1.0B-2.5%
Total assets$2.6B-6.8%

Cash flow

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Operating cash flow$59.1M
CapEx$17.2M+36.5%
Free cash flow-$56.7M+66.4%

Valuation

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Market cap$474.06M+7.9%
Enterprise value$855.76M-3.7%
P/S0.2×0.0×

Profitability

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Gross margin14.7%-5.3pp
Net margin-2.4%-7.0pp
FCF margin12.9%

Returns & leverage

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Return on equity-4.8%-14.5pp
Debt / equity0.6×0.0×
Current ratio3.4×+0.5×

Where this comes from

Reported directly by Valhi in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Valhi’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092027
Line itemThree months ended / June 30, 2025Three months ended / June 30, 2026Six months ended / June 30, 2025Six months ended / June 30, 2026
Real estate management and development2.92.36.89.2
Total gross margin$78.1$120.1$200.6$223.1
Operating income:
Chemicals$10.3$40.4$51.5$54.9
Component products6.38.912.216.0
Real estate management and development18.918.421.929.7
Total operating income35.567.785.6100.6
General corporate items:

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FAQ

What is Valhi's chemicals — operating income?
Valhi (VHI) reported chemicals — operating income of $40.4M in Q2 2026.
How has Valhi's chemicals — operating income changed year-over-year?
Valhi's chemicals — operating income increased by 292.2% year-over-year, from $10.3M to $40.4M.
What is the long-term trend for Valhi's chemicals — operating income?
Over 4 years (2021 to 2025), Valhi's chemicals — operating income has grown at a -40.9% compound annual growth rate (CAGR), from $200.8M to -$24.5M.
What does chemicals — operating income mean?
Measures the profit or loss generated from the chemicals segment's core operations after deducting operating expenses such as selling, general, and administrative costs. It provides a clear view of the segment's operational health and its ability to generate sustainable earnings from its primary business activities. This is a key indicator of the segment's overall business viability.

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