---
schema_version: "secwatch.filing_event.v1"
accession: "0000059255-22-000080"
form_type: "8-K"
ticker: "VHI"
cik: "0000059255"
company_name: "VALHI INC /DE/"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:14:40.214870+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Valhi reports Q3 net income down 33% to $26.2M; Basic Water Co. bankruptcy on Lake Mead water shortage

## Summary
- Q3 2022 net income $26.2M ($0.92/share) vs $39.0M ($1.36) in Q3 2021, down 33%.
- Chemicals segment operating income fell to $34.3M from $60.3M; sales volumes -20%, prices +21%.
- Subsidiary Basic Water Co. filed Chapter 11 bankruptcy Sep 10 due to low Lake Mead; charges of $19.7M in 2022.
- Component Products segment net sales up 24% to $42.9M; operating income $6.0M vs $5.1M.
- Quarterly dividend of $0.08 per share declared, payable Dec 22 to holders of record Dec 1.

## SEC filing metadata
- accession: 0000059255-22-000080
- form_type: 8-K
- ticker: VHI
- cik: 0000059255
- company_name: VALHI INC /DE/
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59255/000005925522000080/0000059255-22-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59255/000005925522000080/vhl-20221103x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000059255-22-000080
- JSON: https://secwatch.observer/filing/0000059255-22-000080.json
- Plain text: https://secwatch.observer/filing/0000059255-22-000080.txt

## Key facts
- Earnings Releases
  VALHI INC /DE/ reported third quarter of 2022 results: net income $26.2 million, or $.92 per share.
  - Period: third quarter of 2022
  - Net income: $26.2 million, or $.92 per share
  - Result: reported results
  source text: Valhi, Inc. (NYSE: VHI) reported net income attributable to Valhi stockholders of $26.2 million, or $.92 per share, in the third quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/59255/000005925522000080/0000059255-22-000080-index.htm
- Earnings Releases
  VALHI INC /DE/ reported first nine months of 2021 results: net income $75.2 million, or $2.64 per share.
  - Period: first nine months of 2021
  - Net income: $75.2 million, or $2.64 per share
  - Result: reported results
  source text: compared to net income of $75.2 million, or $2.64 per share in the first nine months of 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/59255/000005925522000080/0000059255-22-000080-index.htm
- Earnings Releases
  VALHI INC /DE/ reported third quarter of 2021 results: net income $39.0 million, or $1.36 per share.
  - Period: third quarter of 2021
  - Net income: $39.0 million, or $1.36 per share
  - Result: reported results
  source text: compared to $39.0 million, or $1.36 per share, in the third quarter of 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/59255/000005925522000080/0000059255-22-000080-index.htm
- Earnings Releases
  VALHI INC /DE/ reported first nine months of 2022 results: net income $99.6 million, or $3.49 per share.
  - Period: first nine months of 2022
  - Net income: $99.6 million, or $3.49 per share
  - Result: reported results
  source text: For the first nine months of 2022, Valhi reported net income attributable to Valhi stockholders of $99.6 million, or $3.49 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/59255/000005925522000080/0000059255-22-000080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.