Valhi (VHI) Gross Margin (2010 - 2026)
Valhi's Gross Margin was 22.56% in Q2 2026, up 3.45 percentage points from 19.11% a year earlier and up 3.58 percentage points from the prior quarter.
Valhi (VHI) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Valhi's Gross Margin was 16.72% through Jun 30, 2026, down 6.09 percentage points year-over-year; for FY2025, it was 16.60%, down 5.85 percentage points from FY2024.
- Gross Margin shows a five-year change of -6.86 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 22.45% in FY2024 (+7.24 pp), 15.20% in FY2023 (-8.36 pp), 23.57% in FY2022 (-2.95 pp) and 26.51% in FY2021 (+3.06 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q1 2025.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -1.02 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2024 (a gain of 11.03 percentage points); the worst was Q4 2025 (a drop of 16.04 percentage points).
- Per Business Quant data, VHI's Gross Margin in the three quarters before Q2 2026 was 18.98% (Q1 2026), 8.14% (Q4 2025) and 15.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 32.77% |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 22.21% |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 30.07% |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 24.57% |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 46.61% |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 40.22% |
| 10 | Valhi | 409.54 Mn | -402.26 Mn | 141.60 Mn | 22.56% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.56% |
| Mar 31, 2026 | 18.98% |
| Dec 31, 2025 | 8.14% |
| Sep 30, 2025 | 15.49% |
| Jun 30, 2025 | 19.11% |
| Mar 31, 2025 | 22.86% |
| Dec 31, 2024 | 24.18% |
| Sep 30, 2024 | 25.32% |
| Jun 30, 2024 | 22.19% |
| Mar 31, 2024 | 18.15% |
| Dec 31, 2023 | 18.71% |
| Sep 30, 2023 | 14.29% |
| Jun 30, 2023 | 14.68% |
| Mar 31, 2023 | 13.29% |
| Dec 31, 2022 | 14.26% |
| Sep 30, 2022 | 24.77% |
| Jun 30, 2022 | 24.89% |
| Mar 31, 2022 | 27.14% |
| Dec 31, 2021 | 29.48% |
| Sep 30, 2021 | 28.01% |
Valhi Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();