Valhi (VHI) Operating Expenses (2010 - 2026)
Valhi (VHI) reported Operating Expenses of $550.1 million for Q1 2026, up 8.16% on a YoY basis from $508.6 million in Q1 2025, and down 5.61% quarter-over-quarter from $582.8 million in Q4 2025.
Valhi (VHI) Operating Expenses (2010 - 2026) Analysis & Trends
Valhi has reported Operating Expenses for 17 years, with the latest figure at $550.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 8.16% year-over-year to $550.1 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (up 16.49% YoY), and the FY2025 full-year result was $2.2 billion, up 13.35% from the prior year.
- Operating Expenses for Q1 2026 stood at $550.1 million, down from $582.8 million in the prior quarter.
- The five-year high for Operating Expenses was $593.2 million in Q2 2022, with the low at $427.0 million in Q4 2022.
- Historically, Operating Expenses has averaged $514.4 million across 5 years, with a median of $524.8 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses retreated 26.51% — and 2025, when it jumped 34.63%.
- Valhi's Operating Expenses stood at $427.0 million in 2022, then climbed by 10.16% to $470.4 million in 2023, then declined by 7.97% to $432.9 million in 2024, then jumped by 34.63% to $582.8 million in 2025, then declined by 5.61% to $550.1 million in 2026.
- The last three Operating Expenses figures came in at $550.1 million (Q1 2026), $582.8 million (Q4 2025), and $531.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.60 Bn | 4.26 Bn | 468.00 Mn | 254.00 Mn |
| 2 | Methanex | 4.42 Bn | 4.43 Bn | - | -770.48 Mn |
| 3 | Olin | 2.80 Bn | 2.60 Bn | 75.80 Mn | 154.10 Mn |
| 4 | Rex American Resources | 1.47 Bn | 1.19 Bn | 28.91 Mn | 12.26 Mn |
| 5 | Tronox Holdings | 1.13 Bn | 1.03 Bn | 44.00 Mn | 85.00 Mn |
| 6 | Green Plains | 1.02 Bn | 844.99 Mn | 87.95 Mn | 401.03 Mn |
| 7 | Lsb Industries | 860.60 Mn | 678.96 Mn | 35.79 Mn | -1.64 Mn |
| 8 | Westlake Chemical Partners | 818.06 Mn | 773.77 Mn | 93.76 Mn | 7.19 Mn |
| 9 | ASP Isotopes | 776.82 Mn | 496.37 Mn | 1.67 Mn | 26.55 Mn |
| 10 | Valhi | 404.70 Mn | 553.70 Mn | 103.00 Mn | 550.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 550.10 Mn |
| Dec 31, 2025 | 582.80 Mn |
| Sep 30, 2025 | 531.70 Mn |
| Jun 30, 2025 | 556.00 Mn |
| Mar 31, 2025 | 508.60 Mn |
| Dec 31, 2024 | 432.90 Mn |
| Sep 30, 2024 | 438.90 Mn |
| Jun 30, 2024 | 525.80 Mn |
| Mar 31, 2024 | 524.80 Mn |
| Dec 31, 2023 | 470.40 Mn |
| Sep 30, 2023 | 485.90 Mn |
| Jun 30, 2023 | 524.70 Mn |
| Mar 31, 2023 | 515.60 Mn |
| Dec 31, 2022 | 427.00 Mn |
| Sep 30, 2022 | 530.40 Mn |
| Jun 30, 2022 | 593.20 Mn |
| Mar 31, 2022 | 545.70 Mn |
| Dec 31, 2021 | 581.00 Mn |
| Sep 30, 2021 | 520.60 Mn |
| Jun 30, 2021 | 492.50 Mn |