Valhi (VHI) Operating Expenses (2010 - 2026)

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Valhi was $2.24 billion, up 15.9% year-over-year; for FY2025, it came in at $2.18 billion, up 13.4% from FY2024.

• Annual Operating Expenses shows a five-year compound annual growth rate of 4.2% (FY2020 to FY2025).
• In prior years, Valhi's Operating Expenses was $1.92 billion in FY2024 (-3.7%), $2 billion in FY2023 (-4.8%), $2.1 billion in FY2022 (+0.9%) and $2.08 billion in FY2021 (+16.9%).
• Quarterly Operating Expenses has run from a low of $427 million in Q4 2022 to a high of $593.2 million in Q2 2022 over five years.
• On a year-over-year basis, Operating Expenses has increased in each of the last five quarters, with growth averaging 6.7% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2025, with growth of 34.6%; the weakest was Q4 2022, with a decline of 26.5%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $550.1 million (Q1 2026), $582.8 million (Q4 2025) and $531.7 million (Q3 2025).