Valhi Inc /de/ VHI US Equity
Valhi Inc /de/ (NYSE: VHI), an SEC filer in Industrial Inorganic Chemicals, closed at $18.04, +1.5%, on 2026-08-28, with a market cap of $503M as of 2026-08-27, a return on equity of -5.6%, a net margin of -2.8% and 3-year sales growth of -2.2%. Institutional ownership, earnings history and filed financials are on the tabs below.
Legal & controls
Item 3 and Item 9A as filed · every verdict is the registrant’s own sentence, printed below it · a filing that fails an extraction gate reads “not extracted”
| Fiscal year | Filed | Item 3 | ICFR | disclosure controls | material weakness | Filing |
|---|---|---|---|---|---|---|
| 2025-12-31 | 2026-03-10 | in the notes | effective | effective | none in Item 9A | EDGAR |
Item 3 · We are involved in various legal proceedings. In addition to information included below, certain information called for by this Item is included in Note 18 to our Consolidated Financial Statements, which is incorporated herein by reference. Lead Pigment Litigation – NL NL’s former operations included the manufacture of lead pigments for use in paint and lead-based paint. NL, other former manufacturers of lead pigments for use in paint and lead-based paint (together, the “former pigment manufacturers”), and the Lead Industries Association (“LIA”), which discontinued business operations in 2002, have previously been named as defendants in various legal proceedings seeking damages for personal injury, property damage and governmental expenditures allegedly caused by the use of lead-based paints. Certain of these actions were filed by or on behalf of states, counties, cities or their public housing authorities and school districts, and certain others were asserted as class actions. NL currently has no pending lead paint class action cases or pending lead paint cases brought by housing authorities, school districts or other government entities. In the matter titled County of Santa Clara… Item 9A · ICFR · Based on our evaluation under that framework, we have concluded that our internal control over financial reporting was effective as of December 31, 2025. Item 9A · disclosure controls · Based upon their evaluation, these executive officers have concluded that our disclosure controls and procedures were effective as of the date of such evaluation. | ||||||
| 2024-12-31 | 2025-03-06 | in the notes | effective | effective | none in Item 9A | EDGAR |
Item 3 · We are involved in various legal proceedings. In addition to information included below, certain information called for by this Item is included in Note 18 to our Consolidated Financial Statements, which is incorporated herein by reference. Lead Pigment Litigation – NL NL’s former operations included the manufacture of lead pigments for use in paint and lead-based paint. NL, other former manufacturers of lead pigments for use in paint and lead-based paint (together, the “former pigment manufacturers”), and the Lead Industries Association (“LIA”), which discontinued business operations in 2002, have previously been named as defendants in various legal proceedings seeking damages for personal injury, property damage and governmental expenditures allegedly caused by the use of lead-based paints. Certain of these actions were filed by or on behalf of states, counties, cities or their public housing authorities and school districts, and certain others were asserted as class actions. NL currently has no pending lead paint class action cases or pending lead paint cases brought by housing authorities, school districts or other government entities. In the matter titled County of Santa Clara… Item 9A · ICFR · Based on our evaluation under that framework, we have concluded that our internal control over financial reporting was effective as of December 31, 2024. Item 9A · disclosure controls · Based upon their evaluation, these executive officers have concluded that our disclosure controls and procedures were effective as of the date of such evaluation. | ||||||
| 2023-12-31 | 2024-03-07 | in the notes | effective | effective | none in Item 9A | EDGAR |
Item 3 · We are involved in various legal proceedings. In addition to information included below, certain information called for by this Item is included in Note 18 to our Consolidated Financial Statements, which is incorporated herein by reference. Lead Pigment Litigation – NL NL’s former operations included the manufacture of lead pigments for use in paint and lead-based paint. NL, other former manufacturers of lead pigments for use in paint and lead-based paint (together, the “former pigment manufacturers”), and the Lead Industries Association (LIA), which discontinued business operations in 2002, have been named as defendants in various legal proceedings seeking damages for personal injury, property damage and governmental expenditures allegedly caused by the use of lead-based paints. Certain of these actions have been filed by or on behalf of states, counties, cities or their public housing authorities and school districts, and certain others have been asserted as class actions. These lawsuits seek recovery under a variety of theories, including public and private nuisance, negligent product design, negligent failure to warn, strict liability, breach of warranty, conspiracy/concert of… Item 9A · ICFR · Based on our evaluation under that framework, we have concluded that our internal control over financial reporting was effective as of December 31, 2023. Item 9A · disclosure controls · Based upon their evaluation, these executive officers have concluded that our disclosure controls and procedures were effective as of the date of such evaluation. | ||||||
| 2022-12-31 | 2023-03-09 | in the notes | effective | effective | none in Item 9A | EDGAR |
Item 3 · We are involved in various legal proceedings. In addition to information included below, certain information called for by this Item is included in Note 18 to our Consolidated Financial Statements, which is incorporated herein by reference. Lead Pigment Litigation – NL NL’s former operations included the manufacture of lead pigments for use in paint and lead-based paint. NL, other former manufacturers of lead pigments for use in paint and lead-based paint (together, the “former pigment manufacturers”), and the Lead Industries Association (LIA), which discontinued business operations in 2002, have been named as defendants in various legal proceedings seeking damages for personal injury, property damage and governmental expenditures allegedly caused by the use of lead-based paints. Certain of these actions have been filed by or on behalf of states, counties, cities or their public housing authorities and school districts, and certain others have been asserted as class actions. These lawsuits seek recovery under a variety of theories, including public and private nuisance, negligent product design, negligent failure to warn, strict liability, breach of warranty, conspiracy/concert of… Item 9A · ICFR · Based on our evaluation under that framework, we have concluded that our internal control over financial reporting was effective as of December 31, 2022. Item 9A · disclosure controls · Based upon their evaluation, these executive officers have concluded that our disclosure controls and procedures were effective as of the date of such evaluation. | ||||||
| 2021-12-31 | 2022-03-10 | in the notes | effective | effective | none in Item 9A | EDGAR |
Item 3 · We are involved in various legal proceedings. In addition to information included below, certain information called for by this Item is included in Note 18 to our Consolidated Financial Statements, which is incorporated herein by reference. Lead Pigment Litigation – NL NL’s former operations included the manufacture of lead pigments for use in paint and lead-based paint. NL, other former manufacturers of lead pigments for use in paint and lead-based paint (together, the “former pigment manufacturers”), and the Lead Industries Association (LIA), which discontinued business operations in 2002, have been named as defendants in various legal proceedings seeking damages for personal injury, property damage and governmental expenditures allegedly caused by the use of lead-based paints. Certain of these actions have been filed by or on behalf of states, counties, cities or their public housing authorities and school districts, and certain others have been asserted as class actions. These lawsuits seek recovery under a variety of theories, including public and private nuisance, negligent product design, negligent failure to warn, strict liability, breach of warranty, conspiracy/concert of… Item 9A · ICFR · Based on our evaluation under that framework, we have concluded that our internal control over financial reporting was effective as of December 31, 2021. Item 9A · disclosure controls · Based upon their evaluation, these executive officers have concluded that our disclosure controls and procedures were effective as of the date of such evaluation. | ||||||
5 of 5 annual reports on record have their filing text cached on this host; the rest are listed with their EDGAR link and no extraction, because this surface never fetches from SEC on a page load.
- Item 3 and Item 9A are located in the filing HTML already cached on this host and read with the same line-anchored item matcher and largest-gap body disambiguation the filing-narrative pass uses for Item 1A and Item 7 — no fetch, no model, no summarization.
- A heading is accepted as a section only when it is not a table-of-contents row (a trailing page number), not a quoted reference in prose, and names its own section; the span must then clear a per-item length band and carry readable text after the heading. Anything that fails a gate is served as 'not extracted' with the reason — never as a default value.
- An effectiveness conclusion is read only from a sentence that names its own control set (disclosure controls and procedures, or internal control over financial reporting) and states an outcome. Conditional sentences — the standard limitations paragraph and forward-looking remediation language — are excluded, because they are hypotheses rather than conclusions.
- When a filing's own sentences disagree — an effective conclusion beside an unremediated material-weakness disclosure, or two conclusions of opposite sign — no verdict is asserted. A wrong 'controls were effective' reading is worse than no reading.
- Every verdict is shown beside the verbatim sentence it was read from. The excerpt is the filing's own words, capped at 1,200 characters; the filing itself is one link away.