Valhi profit margin VHI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- −2.4%
- Operating margin, 12 months
- 1.5%
- Net margin on a year earlier
- −7.0 pts
- Peer median
- 5.5%
Over the twelve months to Jun 30, 2026, Valhi kept −2.4% of its revenue as net profit, with an operating margin of 1.5% and a gross margin of 14.7%.
Five years earlier its net margin was 3.8%.
The median for 6 specialty chemicals stocks of a similar size is 5.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −2.8% | 0.7% | 14.2% |
| FY2024 | 5.1% | 14.0% | 20.2% |
| FY2023 | −0.5% | 0.5% | 12.8% |
| FY2022 | 4.1% | 8.9% | 22.1% |
| FY2021 | 5.5% | 12.6% | 25.3% |
| FY2020 | 3.0% | 7.4% | 22.3% |
| FY2019 | 2.6% | 7.7% | 22.9% |
| FY2018 | 14.4% | 16.0% | 33.5% |
| FY2017 | 11.0% | 19.0% | 32.6% |
| FY2016 | −1.0% | 4.4% | 19.2% |
| FY2015 | −8.7% | −1.0% | 14.5% |
| FY2014 | 2.9% | 9.1% | 21.6% |
| FY2013 | −5.3% | −8.2% | 7.2% |
| FY2012 | 7.7% | 17.5% | 27.6% |
| FY2011 | 10.7% | 26.4% | 37.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −2.4% | −7.0 pts | 1.5% | |
| Q1 FY26 | −3.5% | −9.0 pts | −0.1% | |
| Q4 FY25 | −2.8% | −7.9 pts | 0.7% | |
| Q3 FY25 | 0.9% | −3.4 pts | 7.9% | |
| Q2 FY25 | 4.7% | +3.4 pts | 13.8% | |
| Q1 FY25 | 5.5% | +5.4 pts | 14.6% | |
| Q4 FY24 | 5.1% | +5.6 pts | 14.0% | |
| Q3 FY24 | 4.3% | +5.6 pts | 10.9% | |
| Q2 FY24 | 1.3% | +0.9 pts | 4.5% | |
| Q1 FY24 | 0.2% | −1.7 pts | 2.1% | |
| Q4 FY23 | −0.5% | −4.5 pts | 0.5% | |
| Q3 FY23 | −1.2% | −7.3 pts | −0.9% |
Against its peers
Companies in Chemicals - Specialty nearest Valhi's size, closest first, today.
| Company | Profit margin |
|---|---|
| VHIValhi | −2.4% |
| LXFRLuxfer | 2.2% |
| ALTOAlto Ingredients | 5.5% |
| LXULSB Industries | 5.6% |
| WLKPWestlake Chemical Partners | 4.7% |
| GPREGreen Plains | 6.8% |
| REXREX AMERICAN RESOURCES | 19.7% |
| Peer median | 5.5% |
Where Valhi ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Valhi
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.