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Valhi VHI Leverkusen Facility Land Lease — Operating Lease Liability

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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:OperatingLeaseLiability.

The source filing: Valhi’s 10-K, filed March 10, 2026.

Filed
Mar 10, 2026, 4:16 PM EDT
Fiscal year
FY2025
Accession
0001104659-26-025847

With respect to our land lease associated with our Chemical Segment’s Leverkusen facility, we periodically establish the amount of rent for such land lease for periods of at least two years at a time. The lease agreement provides for no formula, index or other mechanism to determine changes in the rent of such land lease; rather, any change in the rent is subject solely to periodic negotiation. As such, we will account for any change in the rent associated with such lease as a lease modification. Of the $19.9 million total lease obligations at December 31, 2025, approximately $7.6 million relates to our Leverkusen facility land lease.

ITEM 15.EXHIBITS

FAQ

What is Valhi's leverkusen facility land lease — operating lease liability?
Valhi (VHI) reported leverkusen facility land lease — operating lease liability of $7.6M in Q4 2025.
How has Valhi's leverkusen facility land lease — operating lease liability changed year-over-year?
Valhi's leverkusen facility land lease — operating lease liability increased by 11.8% year-over-year, from $6.8M to $7.6M.
What does leverkusen facility land lease — operating lease liability mean?
This metric quantifies the present value of future lease payments for the land facility, recognized as a liability on the balance sheet under accounting standards for operating leases. It reflects the long-term financial obligation associated with maintaining access to this specific site. Investors use this to evaluate the company's fixed financial commitments and leverage related to real estate holdings.

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