Valhi Q2 2026: Net income +2378% to $22.3M on lower below-the-line costs

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

• high

  Net income attributable to Valhi stockholders surged to $22.3M ($.78/share) from $.9M ($.03/share) in Q2 2025, a 2378% increase driven by a $10.8M reduction in below-the-line costs (noncontrolling interest -$6.6M, income tax -$3.8M, non-operating/other -$400,000), not operational improvement.

  MD&A: Consolidated Results verify on EDGAR →
• high

  Operating income rose 91% to $67.7M from $35.5M, led by Chemicals segment recovery to $40.4M operating income (from $10.3M prior year) as TiO2 sales volumes jumped 16% and unabsorbed fixed costs fell from ~$20M to immaterial following Q4 2025 workforce reductions.

  MD&A: Chemicals Segment verify on EDGAR →
• high

  Trial court ruled in July 2026 that $27.5M in past CERCLA cleanup costs are recoverable in California DTSC v. NL Industries, though allocation among defendants is pending; NL denies liability and will continue defending.

  Legal Proceedings verify on EDGAR →