Valhi (VHI) Operating Margin (2010 - 2026)
Valhi (VHI) recorded Operating Margin of 10.79% in Q2 2026, up 4.58 percentage points from 6.21% a year earlier and up 4.96 percentage points from the prior quarter.
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Analysis
Valhi (VHI) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Valhi's Operating Margin came in at 3.53% as of Jun 30, 2026, down 6.14 percentage points year-over-year; for FY2025, it was 2.96%, down 6.76 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -6.95 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 9.72% in FY2024 (+8.00 pp), 1.73% in FY2023 (-8.83 pp), 10.56% in FY2022 (-3.08 pp) and 13.64% in FY2021 (+3.73 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q4 2024.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of -0.95 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 11.59 percentage points in Q3 2024, against a drop of 19.43 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.83% (Q1 2026), -6.17% (Q4 2025) and 1.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.11 Bn | 212.69 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 114.55 Bn | 107.12 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 81.93 Bn | 80.97 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 66.89 Bn | 62.07 Bn | 1.04 Bn | -66.34% |
| 5 | LyondellBasell Industries | 41.06 Bn | 30.57 Bn | 2.04 Bn | 16.81% |
| 6 | Nutrien | 33.69 Bn | 30.52 Bn | 3.25 Bn | 16.44% |
| 7 | Ati | 24.91 Bn | 22.94 Bn | 309.80 Mn | 17.45% |
| 8 | Qnity Electronics | 24.83 Bn | 21.97 Bn | 666.00 Mn | 25.75% |
| 9 | Ppg Industries | 24.19 Bn | 16.85 Bn | 1.81 Bn | 14.73% |
| 10 | Valhi | 402.13 Mn | -409.67 Mn | 141.60 Mn | 10.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.79% |
| Mar 31, 2026 | 5.83% |
| Dec 31, 2025 | -6.17% |
| Sep 30, 2025 | 1.64% |
| Jun 30, 2025 | 6.21% |
| Mar 31, 2025 | 9.29% |
| Dec 31, 2024 | 11.30% |
| Sep 30, 2024 | 12.12% |
| Jun 30, 2024 | 9.73% |
| Mar 31, 2024 | 5.80% |
| Dec 31, 2023 | 3.60% |
| Sep 30, 2023 | 0.52% |
| Jun 30, 2023 | 2.32% |
| Mar 31, 2023 | 0.49% |
| Dec 31, 2022 | -0.64% |
| Sep 30, 2022 | 11.98% |
| Jun 30, 2022 | 11.07% |
| Mar 31, 2022 | 16.01% |
| Dec 31, 2021 | 18.80% |
| Sep 30, 2021 | 13.72% |
API Access
Valhi Operating 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=operating-margin&ticker=VHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=VHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();