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Side-by-side financial comparison of SOUTHERN FIRST BANCSHARES INC (SFST) and VALHI INC /DE/ (VHI), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

VALHI INC /DE/ is the larger business by last-quarter revenue ($494.5M vs $1.7M, roughly 292.8× SOUTHERN FIRST BANCSHARES INC). On growth, SOUTHERN FIRST BANCSHARES INC posted the faster year-over-year revenue change (64.9% vs 2.8%). VALHI INC /DE/ produced more free cash flow last quarter ($89.8M vs $-2.4M). Over the past eight quarters, SOUTHERN FIRST BANCSHARES INC's revenue compounded faster (20.5% CAGR vs -3.5%).

First Community Bankshares, Inc. is a $2.43 billion bank holding company and the parent company of First Community Bank of Bluefield, Virginia, in the United States. As of 2012 First Community Bank had 45 locations in Virginia, West Virginia, and North Carolina, and two locations operating as Peoples Community Bank in Tennessee. As of April 21, 2023, First Community had $3.6 billion in assets.

Valhi, Inc. is an American holding company operating through wholly and majority-owned subsidiaries in a number of different industries. It was founded in 1987 as a result of the merger of the LLC Corporation and Amalgamated Sugar Company. The Contran Corporation owned 93% of Valhi's common stock as of December 2014. The chairman of the company was Harold Simmons until his death in 2013. As of 2014 it was a Fortune 1000 company.

SFST vs VHI — Head-to-Head

Bigger by revenue
VHI
VHI
292.8× larger
VHI
$494.5M
$1.7M
SFST
Growing faster (revenue YoY)
SFST
SFST
+62.1% gap
SFST
64.9%
2.8%
VHI
More free cash flow
VHI
VHI
$92.2M more FCF
VHI
$89.8M
$-2.4M
SFST
Faster 2-yr revenue CAGR
SFST
SFST
Annualised
SFST
20.5%
-3.5%
VHI

Income Statement — Q4 2025 vs Q4 2025

Metric
SFST
SFST
VHI
VHI
Revenue
$1.7M
$494.5M
Net Profit
$-53.2M
Gross Margin
6.9%
Operating Margin
-6.2%
Net Margin
-10.8%
Revenue YoY
64.9%
2.8%
Net Profit YoY
-333.3%
EPS (diluted)
$1.19
$-1.86

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
SFST
SFST
VHI
VHI
Q4 25
$1.7M
$494.5M
Q3 25
$1.6M
$503.5M
Q2 25
$1.6M
$540.4M
Q1 25
$1.4M
$538.6M
Q4 24
$1.0M
$480.9M
Q3 24
$1.4M
$533.6M
Q2 24
$1.9M
$559.7M
Q1 24
$1.2M
$530.6M
Net Profit
SFST
SFST
VHI
VHI
Q4 25
$-53.2M
Q3 25
$8.7M
$-22.2M
Q2 25
$6.6M
$900.0K
Q1 25
$5.3M
$16.9M
Q4 24
$22.8M
Q3 24
$4.4M
$57.5M
Q2 24
$3.0M
$19.9M
Q1 24
$2.5M
$7.8M
Gross Margin
SFST
SFST
VHI
VHI
Q4 25
6.9%
Q3 25
12.0%
Q2 25
14.5%
Q1 25
22.7%
Q4 24
20.9%
Q3 24
21.8%
Q2 24
21.7%
Q1 24
16.3%
Operating Margin
SFST
SFST
VHI
VHI
Q4 25
-6.2%
Q3 25
1.7%
Q2 25
6.6%
Q1 25
9.3%
Q4 24
11.8%
Q3 24
12.7%
Q2 24
9.8%
Q1 24
5.9%
Net Margin
SFST
SFST
VHI
VHI
Q4 25
-10.8%
Q3 25
541.4%
-4.4%
Q2 25
419.4%
0.2%
Q1 25
369.8%
3.1%
Q4 24
4.7%
Q3 24
302.4%
10.8%
Q2 24
156.0%
3.6%
Q1 24
216.7%
1.5%
EPS (diluted)
SFST
SFST
VHI
VHI
Q4 25
$1.19
$-1.86
Q3 25
$1.07
$-0.78
Q2 25
$0.81
$0.03
Q1 25
$0.65
$0.59
Q4 24
$0.69
$0.81
Q3 24
$0.54
$2.01
Q2 24
$0.37
$0.70
Q1 24
$0.31
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
SFST
SFST
VHI
VHI
Cash + ST InvestmentsLiquidity on hand
$216.9M
Total DebtLower is stronger
$590.9M
Stockholders' EquityBook value
$368.7M
$1.0B
Total Assets
$4.4B
$2.6B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
SFST
SFST
VHI
VHI
Q4 25
$216.9M
Q3 25
$186.6M
Q2 25
$190.9M
Q1 25
$196.4M
Q4 24
$350.2M
Q3 24
$316.7M
Q2 24
$386.9M
Q1 24
$372.7M
Total Debt
SFST
SFST
VHI
VHI
Q4 25
$590.9M
Q3 25
$661.5M
Q2 25
$544.8M
Q1 25
$525.9M
Q4 24
$484.4M
Q3 24
$526.6M
Q2 24
$497.4M
Q1 24
$511.2M
Stockholders' Equity
SFST
SFST
VHI
VHI
Q4 25
$368.7M
$1.0B
Q3 25
$356.3M
$1.0B
Q2 25
$345.5M
$1.1B
Q1 25
$337.6M
$1.1B
Q4 24
$330.4M
$1.0B
Q3 24
$326.5M
$1.0B
Q2 24
$318.7M
$962.6M
Q1 24
$315.3M
$928.2M
Total Assets
SFST
SFST
VHI
VHI
Q4 25
$4.4B
$2.6B
Q3 25
$4.4B
$2.7B
Q2 25
$4.3B
$2.8B
Q1 25
$4.3B
$2.8B
Q4 24
$4.1B
$2.8B
Q3 24
$4.2B
$2.8B
Q2 24
$4.1B
$2.5B
Q1 24
$4.1B
$2.6B
Debt / Equity
SFST
SFST
VHI
VHI
Q4 25
0.58×
Q3 25
0.63×
Q2 25
0.51×
Q1 25
0.49×
Q4 24
0.47×
Q3 24
0.52×
Q2 24
0.52×
Q1 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
SFST
SFST
VHI
VHI
Operating Cash FlowLast quarter
$-2.1M
$100.6M
Free Cash FlowOCF − Capex
$-2.4M
$89.8M
FCF MarginFCF / Revenue
-139.6%
18.2%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
16.1%
2.2%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
TTM Free Cash FlowTrailing 4 quarters
$29.9M
$-82.1M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
SFST
SFST
VHI
VHI
Q4 25
$-2.1M
$100.6M
Q3 25
$14.5M
$-1.9M
Q2 25
$10.5M
$21.7M
Q1 25
$7.6M
$-155.9M
Q4 24
$-1.8M
$45.8M
Q3 24
$26.3M
$13.5M
Q2 24
$4.0M
$33.5M
Q1 24
$-2.9M
$-48.8M
Free Cash Flow
SFST
SFST
VHI
VHI
Q4 25
$-2.4M
$89.8M
Q3 25
$14.4M
$-12.3M
Q2 25
$10.4M
$9.1M
Q1 25
$7.4M
$-168.7M
Q4 24
$-2.0M
$33.3M
Q3 24
$26.1M
$3.9M
Q2 24
$3.9M
$29.7M
Q1 24
$-3.2M
$-53.8M
FCF Margin
SFST
SFST
VHI
VHI
Q4 25
-139.6%
18.2%
Q3 25
899.9%
-2.4%
Q2 25
662.5%
1.7%
Q1 25
522.5%
-31.3%
Q4 24
-197.8%
6.9%
Q3 24
1803.7%
0.7%
Q2 24
201.1%
5.3%
Q1 24
-275.3%
-10.1%
Capex Intensity
SFST
SFST
VHI
VHI
Q4 25
16.1%
2.2%
Q3 25
5.5%
2.1%
Q2 25
5.1%
2.3%
Q1 25
9.9%
2.4%
Q4 24
21.3%
2.6%
Q3 24
13.5%
1.8%
Q2 24
4.8%
0.7%
Q1 24
24.1%
0.9%
Cash Conversion
SFST
SFST
VHI
VHI
Q4 25
Q3 25
1.67×
Q2 25
1.59×
24.11×
Q1 25
1.44×
-9.22×
Q4 24
2.01×
Q3 24
6.01×
0.23×
Q2 24
1.32×
1.68×
Q1 24
-1.16×
-6.26×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

SFST
SFST

Segment breakdown not available.

VHI
VHI

Chemicals$418.3M85%
Real Estate Management And Development$38.5M8%
Security Products$29.5M6%
Marine Components$8.2M2%

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