---
schema_version: "secwatch.filing_event.v1"
accession: "0000059255-23-000056"
form_type: "8-K"
ticker: "VHI"
cik: "0000059255"
company_name: "VALHI INC /DE/"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:53:52.459260+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Valhi posts Q2 net loss of $0.18/sh vs year-ago profit; TiO2 volumes down 26%

## Summary
- Net loss attributable to stockholders of $5.1M ($0.18/sh) in Q2 2023 vs net income of $28.0M ($0.98/sh) in Q2 2022.
- Chemicals segment net sales fell 22% to $443.2M; operating loss of $2.6M vs prior-year operating income of $69.2M.
- TiO2 sales volumes down 26% YoY; production curtailments drove 64% capacity utilization in Q2 2023.
- Declared regular quarterly dividend of $0.08/sh, payable Sept 21, 2023 to holders of record Sept 1, 2023.
- Second quarter includes $3.8M non-cash loss from UK pension plan termination and $1.1M land sale gain.

## SEC filing metadata
- accession: 0000059255-23-000056
- form_type: 8-K
- ticker: VHI
- cik: 0000059255
- company_name: VALHI INC /DE/
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59255/000005925523000056/0000059255-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59255/000005925523000056/vhl-20230803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000059255-23-000056
- JSON: https://secwatch.observer/filing/0000059255-23-000056.json
- Plain text: https://secwatch.observer/filing/0000059255-23-000056.txt

## Key facts
- Earnings Releases
  VALHI INC /DE/ reported the first six months of 2023 results: net income $10.0 million, EPS $.35 per share.
  - Period: the first six months of 2023
  - Net income: $10.0 million
  - EPS: $.35 per share
  - Result: reported results
  source text: For the first six months of 2023, Valhi reported a net loss attributable to Valhi stockholders of $10.0 million, or $.35 per share, compared to net income of $73.4 million, or $2.57 per share, in the first six months of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/59255/000005925523000056/0000059255-23-000056-index.htm
- Earnings Releases
  VALHI INC /DE/ reported the second quarter of 2023 results: net income $5.1 million, EPS $.18 per share.
  - Period: the second quarter of 2023
  - Net income: $5.1 million
  - EPS: $.18 per share
  - Result: reported results
  source text: Valhi, Inc. (NYSE: VHI) reported a net loss attributable to Valhi stockholders of $5.1 million, or $.18 per share, in the second quarter of 2023 compared to net income of $28.0 million, or $.98 per share, in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/59255/000005925523000056/0000059255-23-000056-index.htm

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