Valhi (VHI) Operating Margin (2010 - 2026)
Valhi's (VHI) quarterly Operating Margin came in at 10.79% in Q2 2026, up 458.0% on a YoY basis from 1.93% in Q2 2025, and up 84.99% quarter-over-quarter from 5.83% in Q1 2026.
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Valhi (VHI) Operating Margin (2010 - 2026) Analysis & Trends
Valhi (VHI) has reported Operating Margin for 17 consecutive years, with 10.79% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 458.0% year-over-year to 10.79%; the trailing twelve-month figure through Jun 2026 stood at 3.53% (down 614.0% YoY), and the FY2025 full-year result was 2.96%, down 676.0% from the prior year.
- Operating Margin grew to 10.79% in Q2 2026 per VHI's latest filing, from 5.83% in the prior quarter.
- Across five years, Operating Margin topped out at 16.01% in Q1 2022 and bottomed at 6.17% in Q4 2025.
- Historically, Operating Margin has averaged 6.22% across 5 years, with a median of 6.02% in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Margin slumped 1943 bps in 2022, then surged 1159 bps in 2024.
- Over 5 years, Operating Margin stood at 0.64% in 2022, then soared by 666 bps to 3.6% in 2023, then surged by 214 bps to 11.3% in 2024, then tumbled by 155 bps to 6.17% in 2025, then jumped by 275 bps to 10.79% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 10.79%, 5.83%, and 6.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.13 Bn | 38.50 Bn | 2.04 Bn | 16.81% |
| 2 | Westlake | 9.05 Bn | 7.20 Bn | 652.00 Mn | 11.13% |
| 3 | Celanese | 5.08 Bn | 3.72 Bn | 618.00 Mn | 10.03% |
| 4 | Methanex | 4.57 Bn | 4.18 Bn | 638.01 Mn | 35.25% |
| 5 | Chemours | 2.28 Bn | 1.61 Bn | 286.00 Mn | -13.39% |
| 6 | Olin | 1.95 Bn | 1.78 Bn | 170.20 Mn | 2.67% |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | -83.62% |
| 8 | Braskem | 1.65 Bn | -541.37 Mn | - | - |
| 9 | Ecovyst | 1.09 Bn | 997.78 Mn | 49.85 Mn | 7.75% |
| 10 | Valhi | 512.26 Mn | 299.86 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% |