Valhi (VHI) Tax Rate (2010 - 2026)
Valhi's Tax Rate was 24.95% in Q2 2026, down 26.67 percentage points from 51.61% a year earlier and down 19.73 percentage points from the prior quarter.
Valhi (VHI) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Valhi's Tax Rate was -50.18% through Jun 30, 2026, down 87.05 percentage points year-over-year; for FY2025, it was -27.67%, down 61.62 percentage points from FY2024.
- Tax Rate shows a five-year change of -43.48 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 33.95% in FY2024 (-92.21 pp), 126.15% in FY2023 (+104.49 pp), 21.66% in FY2022 (-1.65 pp) and 23.31% in FY2021 (+7.51 pp).
- Quarterly Tax Rate has moved between -188.16% (Q3 2025) and 95.77% (Q2 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of -19.25 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2021 (a gain of 166.17 percentage points); the worst was Q3 2025 (a drop of 216.77 percentage points).
- Per Business Quant data, VHI's Tax Rate in the three quarters before Q2 2026 was 44.68% (Q1 2026), 22.52% (Q4 2025) and -188.16% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | 21.50% |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 31.66% |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 22.32% |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | 20.01% |
| 10 | Valhi | 398.71 Mn | -413.09 Mn | 141.60 Mn | 24.95% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.95% |
| Mar 31, 2026 | 44.68% |
| Jun 30, 2025 | 51.61% |
| Mar 31, 2025 | 25.97% |
| Dec 31, 2024 | 52.84% |
| Sep 30, 2024 | 28.61% |
| Jun 30, 2024 | 21.01% |
| Mar 31, 2024 | 24.44% |
| Sep 30, 2022 | 16.73% |
| Jun 30, 2022 | 24.82% |
| Mar 31, 2022 | 23.89% |
| Dec 31, 2021 | 21.98% |
| Sep 30, 2021 | 23.67% |
| Jun 30, 2021 | 25.37% |
| Mar 31, 2021 | 24.62% |
| Jun 30, 2020 | 124.71% |
| Mar 31, 2020 | 23.12% |
| Sep 30, 2019 | 21.46% |
| Jun 30, 2019 | 41.67% |
| Mar 31, 2019 | 33.33% |
Valhi Tax Rate 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=tax-rate&ticker=VHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=VHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();