VALHI INC /DE/ (VHI) FY2025 10-K Annual Report

Filed: Mar 10, 2026
Health Care
Industrial Inorganic ChemicalsSEC EDGAR

VALHI INC /DE/ (VHI) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 10, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

VALHI INC /DE/ FY2025 10-K Analysis

Business Overview

  • Core business model: Manufacturing and selling component products (security and marine components) and real estate development, primarily in the U.S.
  • New strategic emphasis on mitigating tariff impacts by increasing electronic component purchases and implementing pricing adjustments in 2025
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Management Discussion & Analysis

  • Revenue $1.86B in 2025, down 1% YoY from $1.89B in 2024; Chemicals segment net sales decreased $27.7M (1%)
  • Chemicals segment operating loss $24.5M in 2025 vs operating income $138.5M in 2024; gross margin 11% vs 19%
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VALHI INC /DE/ FY2025 Key Financial Metrics
XBRL

Revenue

$2.1B

-1.3% YoY

Net Income

-$58M

-153.3% YoY

Gross Margin

14.2%

-595bp YoY

Operating Margin

3.0%

-696bp YoY

Net Margin

-2.8%

-790bp YoY

ROE

-5.6%

-1605bp YoY

Total Assets

$2.6B

-6.0% YoY

EPS (Diluted)

$-2.02

-153.3% YoY

Operating Cash Flow

-$36M

-180.7% YoY

Source: XBRL data from VALHI INC /DE/ FY2025 10-K filing on SEC EDGAR. All figures in USD.

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