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Lsb Industries vs Valhi: revenue, profit, margins and growth compared

Lsb Industries brought in $615.2M of revenue in fiscal 2025, Valhi $2.1B in fiscal 2025. Revenue changed by +17.8% at Lsb Industries and -1.3% at Valhi on the year before, so Lsb Industries grew faster. Lsb Industries kept 4.0% of its revenue as net profit, Valhi -2.8%. Free cash flow was $18.1M at Lsb Industries and -$82.1M at Valhi.

Side by side, latest fiscal year

LXUVHI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$615.2M$2.1B
Revenue growth+17.8%-1.3%
Net income$24.6M-$57.6M
Net margin4.0%-2.8%
Free cash flow$18.1M-$82.1M
Free cash flow margin2.9%-4.0%
Earnings per share (diluted)$0.34-$2.02
Cash$19.5M$214M
Debt$441.1M$591.7M
Price to earnings29.1n/a
Market value$712.1M$452.9M
Dividend yieldn/a2.00%
Rank by revenue in sector#42 of 71 · Basic materials#22 of 71 · Basic materials

Over the years

Revenue
LXU FY2018: $378.2MLXU FY2019: $365.1MLXU FY2020: $351.3MLXU FY2021: $556.2MLXU FY2022: $901.7MLXU FY2023: $593.7MLXU FY2024: $522.4MLXU FY2025: $615.2MVHI FY2018: $1.8BVHI FY2019: $1.9BVHI FY2020: $1.8BVHI FY2021: $2.3BVHI FY2022: $2.2BVHI FY2023: $1.9BVHI FY2024: $2.1BVHI FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
LXU $615.2MVHI $2.1B
Net income
LXU FY2018: -$72.2MLXU FY2019: -$63.4MLXU FY2020: -$61.9MLXU FY2021: $43.5MLXU FY2022: $230.3MLXU FY2023: $27.9MLXU FY2024: -$19.4MLXU FY2025: $24.6MVHI FY2018: $262.2MVHI FY2019: $49.2MVHI FY2020: $55.2MVHI FY2021: $127.2MVHI FY2022: $87.2MVHI FY2023: -$9.9MVHI FY2024: $108MVHI FY2025: -$57.6MFY18FY19FY20FY21FY22FY23FY24FY25
LXU $24.6MVHI -$57.6M
Net margin
LXU FY2018: -19.1%LXU FY2019: -17.4%LXU FY2020: -17.6%LXU FY2021: 7.8%LXU FY2022: 25.5%LXU FY2023: 4.7%LXU FY2024: -3.7%LXU FY2025: 4.0%VHI FY2018: 14.4%VHI FY2019: 2.6%VHI FY2020: 3.0%VHI FY2021: 5.5%VHI FY2022: 3.9%VHI FY2023: -0.5%VHI FY2024: 5.1%VHI FY2025: -2.8%FY18FY19FY20FY21FY22FY23FY24FY25
LXU 4.0%VHI -2.8%
Revenue growth
LXU FY2019: -3.5%LXU FY2020: -3.8%LXU FY2021: +58.3%LXU FY2022: +62.1%LXU FY2023: -34.2%LXU FY2024: -12.0%LXU FY2025: +17.8%VHI FY2019: +4.3%VHI FY2020: -2.5%VHI FY2021: +24.1%VHI FY2022: -3.2%VHI FY2023: -13.5%VHI FY2024: +9.5%VHI FY2025: -1.3%FY19FY20FY21FY22FY23FY24FY25
LXU +17.8%VHI -1.3%
Free cash flow
LXU FY2018: -$19.4MLXU FY2019: -$34MLXU FY2020: -$33MLXU FY2021: $52.5MLXU FY2022: $299.8MLXU FY2023: $69.9MLXU FY2024: -$5.7MLXU FY2025: $18.1MVHI FY2018: $104.1MVHI FY2019: $117.3MVHI FY2020: $86.7MVHI FY2021: $395.6MVHI FY2022: -$32.7MVHI FY2023: -$44.6MVHI FY2024: $13.1MVHI FY2025: -$82.1MFY18FY19FY20FY21FY22FY23FY24FY25
LXU $18.1MVHI -$82.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Lsb Industries and Valhi

Which is bigger by revenue, Lsb Industries or Valhi?

Valhi is bigger by revenue: $2.1B in fiscal 2025, against $615.2M for Lsb Industries in fiscal 2025.

Which keeps more of its revenue as profit, Lsb Industries or Valhi?

Lsb Industries had a net margin of 4.0% in fiscal 2025; Valhi had -2.8% in fiscal 2025.

Which grew revenue faster, Lsb Industries or Valhi?

In their latest fiscal years revenue changed by +17.8% at Lsb Industries and -1.3% at Valhi.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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