---
schema_version: "secwatch.filing_event.v1"
accession: "0000059255-24-000037"
form_type: "8-K"
ticker: "VHI"
cik: "0000059255"
company_name: "VALHI INC /DE/"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:28:45.821761+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Valhi Q1 net income $7.8M, vs loss $4.9M; Chemicals segment drives swing

## Summary
- Net income $7.8M ($0.27 per share) vs net loss $4.9M ($0.17 per share) in Q1 2023.
- Chemicals Segment net sales $478.8M (+12% YoY) on 28% higher TiO2 volumes but 11% lower avg. selling prices.
- Chemicals operating income $22.8M vs. operating loss $15.1M in Q1 2023; capacity utilization rose to 87%.
- Component Products net sales down to $38.0M, operating income $3.7M (vs. $7.0M) on weak marine components.
- Interest expense up $4.3M due to higher rates on refinanced debt; $1.5M write-off of deferred financing costs.

## SEC filing metadata
- accession: 0000059255-24-000037
- form_type: 8-K
- ticker: VHI
- cik: 0000059255
- company_name: VALHI INC /DE/
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59255/000005925524000037/0000059255-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59255/000005925524000037/vhl-20240509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000059255-24-000037
- JSON: https://secwatch.observer/filing/0000059255-24-000037.json
- Plain text: https://secwatch.observer/filing/0000059255-24-000037.txt

## Key facts
- Earnings Releases
  VALHI INC /DE/ reported first quarter of 2024 results: net income $7.8 million, EPS $.27.
  - Period: first quarter of 2024
  - Net income: $7.8 million
  - EPS: $.27
  - Result: reported results
  source text: Valhi, Inc. (NYSE: VHI) reported net income attributable to Valhi stockholders of $7.8 million, or $.27 per share, in the first quarter of 2024 compared to a net loss attributable to Valhi stockholders of $4.9 million, or $.17 per share, in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/59255/000005925524000037/0000059255-24-000037-index.htm

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