Sunday 11 October 2026 Export all VHI data to Excel Powerpack

Valhi, Inc.

In the quarter to June 2026, revenue grew 9.82%, EPS grew 2,500.0%, free cash flow grew 435.2% and total debt fell 7.26%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

14.21 0.70 −4.69%

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Market cap: $422.3M
P/E: 0.0×
Fwd P/E: 7.0×
Dividend yield: 2.25%
F-score: 4/9
Altman Z: 1.63
Beneish M: −2.36
Dividend safety: 12/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 91.61%

Capital & Financial Ratios $m

Market Cap 422.27

Revenue 2,217.00

Net Income (41.90)

Free Cash Flow 69.50

Net Debt 368.50

Current Ratio 3.37

Debt/Equity 0.42

P/E ratio 0.00

Fwd P/E 6.96

P/S ratio 0.18

P/B ratio 0.29

Past 5Y EPS Growth —

This Y EPS Growth (19.53%)

Next Y EPS Growth 13.77%

Next Y revenue growth (4.81%)

Next 5Y EPS Growth (2.07%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 9.42%

10-year low 10-year high

P/B against its own 10 years 7.44%

10-year low 10-year high

EV/Sales against its own 10 years 27.66%

10-year low 10-year high

EV/FCF against its own 10 years 50.90%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.32

Annual Dividend Yield 2.25%

	total	individual payouts
2026	0.24	0.08 0.08 0.08
2025	0.32	0.08 0.08 0.08 0.08
2024	0.32	0.08 0.08 0.08 0.08
2023	0.32	0.08 0.08 0.08 0.08
2022	0.32	0.08 0.08 0.08 0.08
2021	0.32	0.08 0.08 0.08 0.08
2020	0.48	0.24 0.08 0.08 0.08
2019	0.96	0.24 0.24 0.24 0.24
2018	0.96	0.24 0.24 0.24 0.24
2017	0.96	0.24 0.24 0.24 0.24
2016	0.96	0.24 0.24 0.24 0.24

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	486	375	226	219
Receivables	340	328	319	434
Inventory	596	686	660	531
Other	—	—	—	—
	1,475	1,454	1,259	1,217

	2023	2024	2025	Q'26
Payables	229	250	231	356
ST’ Debt	1	79	1	1
Other	—	—	—	—
	507	644	449	361

Compound Annual Growth %

	10y	5y	3y
Sales	3.46%	2.61%	(1.95%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	9.98%	6.25%	1.43%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	564	628	—	—	—
’25	539	572	524	501	2,136
’24	543	563	559	502	2,167
’23	506	518	476	477	1,977
’22	629	650	579	408	2,266
’21	516	533	592	694	2,335
’20	494	411	461	511	1,878

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(46)	59	—	—	—
’25	(156)	22	(2)	101	(35)
’24	(49)	34	14	46	44
’23	(127)	32	34	65	4
’22	(23)	51	0	7	35
’21	57	20	113	271	460
’20	(18)	24	39	107	152

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(57)	49	—	—	—
’25	(169)	9	(12)	90	(82)
’24	(54)	30	4	39	19
’23	(143)	16	26	59	(43)
’22	(39)	34	(12)	(15)	(33)
’21	45	17	112	246	419
’20	(34)	15	26	81	87

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.07	0.78	—	—	—
’25	0.59	0.03	(0.78)	(1.86)	(2.02)
’24	0.27	0.70	2.01	0.80	3.79
’23	(0.17)	(0.18)	(0.21)	0.14	(0.42)
’22	1.59	0.98	0.92	(0.33)	3.16
’21	0.52	0.75	1.36	1.83	4.46
’20	0.84	(0.32)	0.54	0.86	1.94

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10.20	25.56	19.56	20.16	9.02	15.05	20.83	10.80	12.12	11.44	Analyst estimates 2026–2028 Powerpack
	High	45.60	87.36	110.88	54.12	23.04	34.60	54.06	26.60	41.75	25.25
People
People	Employees	2,260	2,245	2,195	2,200	2,242	2,248	2,266	2,196	2,524	2,263
	Revenue/emp, $m	0.69	0.85	0.86	0.88	0.84	1.04	1.00	0.90	0.86	0.94
Income, $m
Income, $m	Revenue	1,558	1,905	1,889	1,938	1,878	2,335	2,266	1,977	2,167	2,136
	Gross margin, %	22.26	33.50	35.91	24.53	23.45	26.51	23.57	15.20	22.45	16.60
	EBT	40	292	236	105	101	258	170	(19)	244	(43)
	EBT margin, %	2.54	15.32	12.50	5.40	5.36	11.04	7.50	(0.99)	11.27	(2.01)
	Net income	(3)	303	301	78	89	198	133	5	161	(55)
	Depreciation	68	59	58	57	69	59	59	54	67	66
Per share, $
Per share, $	Revenue	54.70	66.85	66.29	68.01	65.90	81.94	79.52	69.37	76.02	74.95
	Earnings	(0.60)	7.32	9.24	1.68	1.94	4.46	3.16	(0.42)	3.79	(2.02)
	Cash flow	2.80	9.10	5.81	6.22	5.34	16.13	1.22	0.14	1.54	(1.25)
	Capex	(2.12)	(2.58)	(1.47)	(1.94)	(2.30)	(1.43)	(2.37)	(1.64)	(0.89)	(1.64)
	Free cash flow	0.68	6.52	4.34	4.28	3.04	14.70	(1.15)	(1.50)	0.66	(2.88)
	Book value	15.60	26.91	34.70	34.39	35.33	40.65	45.85	44.78	48.39	47.85
	Shares, m	28	28	29	29	29	29	29	29	29	29
Valuation, ×
Valuation, ×	P/E	0.00	10.18	2.51	13.35	7.92	6.45	6.80	0.00	6.19	0.00
	P/S	0.78	1.11	0.35	0.33	0.23	0.35	0.27	0.21	0.31	0.16
	P/B	0.00	21.36	2.05	2.04	0.43	0.71	0.47	0.33	0.48	0.25
	EV/Sales	1.24	1.42	0.50	0.45	0.36	0.31	0.25	0.24	0.39	0.33
	EV/FCF	99.53	14.59	7.77	7.36	8.11	1.72	(16.38)	(10.65)	51.82	(8.42)
Cash, $m
Cash, $m	Operating cash flow	80	259	166	177	152	460	35	4	44	(35)
	Capex	(60)	(73)	(42)	(55)	(65)	(41)	(68)	(47)	(25)	(47)
	Free cash flow	19	186	124	122	87	419	(33)	(43)	19	(82)
Balance, $m
Balance, $m	Working capital	543	931	1,058	1,103	1,135	1,210	1,097	968	810	810
	Total debt	894	1,043	800	794	789	653	560	547	563	592
	Net debt	717	588	283	241	252	(101)	(40)	61	188	366
	Shareholders’ equity	444	767	989	980	1,007	1,158	1,307	1,276	1,379	1,364
Returns, %
Returns, %	ROA	(0.64)	7.76	9.34	1.79	1.94	4.32	2.99	(0.36)	3.90	(2.12)
	ROIC	5.53	16.18	14.34	7.44	6.79	17.15	10.67	0.53	11.64	0.34
	ROE	8.75	(336.03)	124.53	15.51	8.37	11.75	7.07	(0.77)	8.13	(4.20)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GPRE Green Plains, Inc.	$1.1B	8.0×	8.2×	−19.28% (below 0%: shrinking)	n/m	+57.21% (above 0%: growing)	25.33%	15.21%	Compare
WLKP Westlake Chemical Partners LP	$754.6M	13.0×	12.3×	−0.01% (below 0%: shrinking)	−2.44% (below 0%: shrinking)	+866.65% (above 0%: growing)	31.91%	29.39%	Compare
LXU Lsb Industries Inc.	$729.3M	19.6×	12.8×	+11.10% (above 0%: growing)	n/m	+9,653.02% (above 0%: growing)	6.82%	(1.63%)	Compare
TROX Tronox Holdings PLC	$603.7M	— (loss-making)	— (loss-making)	+18.74% (above 0%: growing)	n/m	+241.51% (above 0%: growing)	6.34%	(2.42%)	Compare
RYAM Rayonier Advanced Materials Inc.	$468.8M	— (loss-making)	— (loss-making)	+10.61% (above 0%: growing)	n/m	+69.92% (above 0%: growing)	6.10%	(1.69%)	Compare
ASIX AdvanSix	$450.9M	— (loss-making)	24.1×	+2.75% (above 0%: growing)	−89.74% (below 0%: shrinking)	−49.21% (below 0%: shrinking)	7.38%	2.15%	Compare
ASPI ASP Isotopes Inc.	$433.9M	— (loss-making)	— (loss-making)	+327.63% (above 0%: growing)	n/m	−182.92% (below 0%: shrinking)	28.89%	(667.48%)	Compare
VHI Valhi, Inc.	$422.3M	— (loss-making)	7.0×	+9.82% (above 0%: growing)	+2,500.00% (above 0%: growing)	+435.16% (above 0%: growing)	22.56%	9.88%
BAK Braskem S.A.	$314.0M	— (loss-making)	—	−99.99% (below 0%: shrinking)	n/m	+611.13% (above 0%: growing)	80.35%	48.61%	Compare
Median of peers	$536.2M	13.0×	12.6×	+6.68%	—	+155.72%	16.36%	0.26%

All 17 Chemicals stocks →

Valhi, Inc. (VHI) key facts

Valhi, Inc. (VHI) is a Chemicals company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 9, 2026, VHI traded at $14.21, a market capitalization of $422.3 million.
Valhi, Inc. pays an annual dividend of $0.32 per share, a yield of 2.25%.
Return on equity was −4.20% and debt-to-equity 0.42.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.63 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.