Valhi (VHI) Operating Expenses (2010 - 2026)
Valhi (VHI) posted Operating Expenses of $550.1 million for Q1 2026, down 5.61% on a QoQ basis from $582.8 million in Q4 2025, and up 8.16% year-over-year from $508.6 million in Q1 2025.
Valhi (VHI) Operating Expenses (2010 - 2026) Analysis & Trends
Valhi's Operating Expenses history runs 17 years deep, the most recent figure standing at $550.1 million for 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 was $550.1 million for Q1 2026 at Valhi, down from $582.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $593.2 million in Q2 2022 and bottomed at $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 dropped 26.51% — and 2025, when it jumped 34.63%.
- Valhi's Operating Expenses stood at $427.0 million in 2022, then increased by 10.16% to $470.4 million in 2023, then retreated by 7.97% to $432.9 million in 2024, then soared by 34.63% to $582.8 million in 2025, then retreated by 5.61% to $550.1 million in 2026.
- Business Quant data shows VHI's Operating Expenses at $550.1 million in Q1 2026, $582.8 million in Q4 2025, and $531.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.19 Bn | 3.86 Bn | 468.00 Mn | 254.00 Mn |
| 2 | Methanex | 4.49 Bn | 4.40 Bn | - | -770.48 Mn |
| 3 | Olin | 2.69 Bn | 2.50 Bn | 75.80 Mn | 154.10 Mn |
| 4 | Braskem | 1.98 Bn | -218.50 Mn | - | - |
| 5 | Rex American Resources | 1.49 Bn | 1.21 Bn | 28.91 Mn | 12.26 Mn |
| 6 | Green Plains | 1.18 Bn | 1.01 Bn | 87.95 Mn | 401.03 Mn |
| 7 | Tronox Holdings | 1.02 Bn | 1.04 Bn | 44.00 Mn | 85.00 Mn |
| 8 | Lsb Industries | 880.78 Mn | 699.14 Mn | 35.79 Mn | -1.64 Mn |
| 9 | Westlake Chemical Partners | 775.06 Mn | 730.77 Mn | 93.76 Mn | 7.19 Mn |
| 10 | Valhi | 384.35 Mn | 711.65 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 |