{"schema_version":"secwatch.filing_event.v1","accession":"0000059255-23-000041","form_type":"8-K","ticker":"VHI","cik":"0000059255","company_name":"VALHI INC /DE/","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.908807+00:00","generated_at":"2026-06-15T23:21:05.219007+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valhi reports Q1 2023 net loss of $4.9M vs net income $45.4M in Q1 2022","bullets":["Net loss of $4.9M ($0.17/sh) vs net income of $45.4M ($1.59/sh) in Q1 2022.","Chemicals Segment net sales fell to $426.3M from $562.9M; TiO2 sales volumes down 29%, partially offset by 4% higher average prices.","Chemicals Segment operating loss of $15.1M vs operating income of $86.4M; $22M in unabsorbed fixed costs from production curtailments.","Component Products net sales $41.2M (down slightly); operating income $7.0M (up from $6.3M) on higher marine component margins.","Interest income increased to $4.9M from $0.9M due to higher interest rates and investment balances."],"urls":{"canonical":"https://secwatch.observer/filing/0000059255-23-000041","json":"https://secwatch.observer/filing/0000059255-23-000041.json","markdown":"https://secwatch.observer/filing/0000059255-23-000041.md","text":"https://secwatch.observer/filing/0000059255-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/59255/000005925523000041/0000059255-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/59255/000005925523000041/vhl-20230504x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:21:05.219007+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00dde324b77dc306ed9e96f460e9af5f2b90a9cf","claim":"VALHI INC /DE/ reported the first quarter of 2022 results: revenue $562.9 million, net income net income of $45.4 million, EPS $1.59 per share.","evidence_excerpt":"of 2022 primarily due to lower operating results from our Chemicals Segment. The Chemicals Segment’s net sales were $426.3 million in the first quarter of 2023 compared to $562.9 million in the first quarter of 2022. The Chemicals Segment’s net sales comparisons were impacted by the net effects of lower sales volumes in all major markets, partially offset by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/59255/000005925523000041/0000059255-23-000041-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2022"},{"label":"Revenue","value":"$562.9 million"},{"label":"Net income","value":"net income of $45.4 million"},{"label":"EPS","value":"$1.59 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"20f571a2d23ca05e82988b17042f02ca132eb9b4","claim":"VALHI INC /DE/ reported the first quarter of 2023 results: revenue $426.3 million, net income net loss attributable to Valhi stockholders of $4.9 million, EPS $.17 per share.","evidence_excerpt":"in the first quarter of 2023 compared to the first quarter of 2022 primarily due to lower operating results from our Chemicals Segment. The Chemicals Segment’s net sales were $426.3 million in the first quarter of 2023 compared to $562.9 million in the first quarter of 2022. The Chemicals Segment’s net sales comparisons were impacted by the net effects of lower","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/59255/000005925523000041/0000059255-23-000041-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2023"},{"label":"Revenue","value":"$426.3 million"},{"label":"Net income","value":"net loss attributable to Valhi stockholders of $4.9 million"},{"label":"EPS","value":"$.17 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}