Valhi (VHI) Operating Expenses (2010 - 2026)
Valhi's (VHI) quarterly Operating Expenses came in at $550.1 million in Q1 2026, up 8.16% YoY from $508.6 million in Q1 2025, and down 5.61% on a QoQ basis from $582.8 million in Q4 2025.
Valhi (VHI) Operating Expenses (2010 - 2026) Analysis & Trends
Valhi (VHI) has 17 years of Operating Expenses data on file, last reported at $550.1 million in Q1 2026.
- Quarterly Operating Expenses rose 8.16% year-over-year to $550.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.2 billion (up 16.49% YoY) and the FY2025 annual result came in at $2.2 billion, up 13.35% from the prior year.
- Operating Expenses fell to $550.1 million in Q1 2026, from $582.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $593.2 million in Q2 2022 to a low of $427.0 million in Q4 2022.
- A 5-year average of $514.4 million and a median of $524.8 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses retreated 26.51% — and 2025, when it jumped 34.63%.
- Tracing VHI's Operating Expenses over 5 years: 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 | 5.14 Bn | 3.78 Bn | 618.00 Mn | 311.00 Mn |
| 2 | Methanex | 4.69 Bn | 4.31 Bn | - | -757.25 Mn |
| 3 | Olin | 2.10 Bn | 1.92 Bn | 170.20 Mn | 113.30 Mn |
| 4 | Braskem | 1.57 Bn | -377.27 Mn | - | - |
| 5 | Rex American Resources | 1.47 Bn | 1.11 Bn | 29.07 Mn | 9.73 Mn |
| 6 | Green Plains | 1.12 Bn | 875.16 Mn | 113.03 Mn | 378.35 Mn |
| 7 | Tronox Holdings | 895.91 Mn | 701.91 Mn | 55.00 Mn | 76.00 Mn |
| 8 | Lsb Industries | 808.78 Mn | 590.43 Mn | 11.46 Mn | -2.15 Mn |
| 9 | Westlake Chemical Partners | 751.63 Mn | 702.31 Mn | 94.81 Mn | 7.49 Mn |
| 10 | Valhi | 478.80 Mn | 266.40 Mn | 141.60 Mn | 580.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 580.30 Mn |
| 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 |