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Valmont Industries (VMI) is a Industrials company in the Russell 1000. Latest news and coverage below.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $2.52B | $2.75B | $2.76B | $2.77B | $2.90B | $3.50B | $4.35B | $4.17B | $4.08B | $4.10B |
| Growth (year over year) | −3.7% | +8.9% | +0.4% | +0.4% | +4.6% | +20.9% | +24.1% | −3.9% | −2.4% | +0.7% |
| Gross profit | $656.2M | $681.8M | $668.2M | $682.7M | $765.5M | $883.9M | $1.13B | $1.24B | $1.24B | $1.24B |
| Gross margin | 26.0% | 24.8% | 24.2% | 24.7% | 26.4% | 25.2% | 25.9% | 29.6% | 30.5% | 30.2% |
| Operating income | $245.4M | $267.1M | $212.2M | $227.9M | $226.0M | $286.8M | $433.2M | $291.6M | $524.6M | $415.6M |
| Operating margin | 9.7% | 9.7% | 7.7% | 8.2% | 7.8% | 8.2% | 10.0% | 7.0% | 12.9% | 10.1% |
| Net income | $173.2M | $116.2M | $101.8M | $146.4M | $140.7M | $195.6M | $250.9M | $150.8M | $348.3M | $350.3M |
| Net margin | 6.9% | 4.2% | 3.7% | 5.3% | 4.9% | 5.6% | 5.8% | 3.6% | 8.5% | 8.5% |
| EPS (diluted) | $7.63 | $5.11 | $4.53 | $6.73 | $6.57 | $9.10 | $11.62 | $6.78 | $17.19 | $16.79 |
| Balance sheet | ||||||||||
| Cash and equivalents | $399.9M | $492.8M | $313.2M | $353.5M | $400.7M | $177.2M | $185.4M | $203.0M | $164.3M | $187.1M |
| Total assets | $2.39B | $2.60B | $2.58B | $2.81B | $2.95B | $3.45B | $3.56B | $3.48B | $3.33B | $3.37B |
| Total liabilities | $1.41B | $1.42B | $1.35B | $1.62B | $1.75B | $2.03B | $1.92B | $2.06B | $1.74B | $1.73B |
| Long-term debt | $754.8M | $753.9M | $741.8M | $764.9M | $728.4M | $947.1M | $870.9M | $1.11B | $729.9M | $795.1M |
| Shareholders' equity | $943.5M | $1.11B | $1.06B | $1.14B | $1.18B | $1.39B | $1.58B | $1.35B | $1.54B | $1.63B |
| Cash flow | ||||||||||
| Operating cash flow | $232.8M | $133.1M | $153.0M | $307.6M | $316.3M | $65.9M | $326.3M | $306.8M | $572.7M | $456.5M |
| Capital expenditure | $57.9M | $55.3M | $72.0M | $97.4M | $106.7M | $107.8M | $93.3M | $96.8M | $79.5M | $145.0M |
| Free cash flow | $174.9M | $77.9M | $81.0M | $210.2M | $209.6M | −$41.9M | $233.0M | $210.0M | $493.2M | $311.4M |
| Dividends paid | $34.1M | $33.9M | $33.7M | $32.6M | $36.9M | $41.4M | $45.8M | $49.5M | $48.4M | $52.5M |
| Share buybacks | $53.8M | $0 | $114.8M | $62.9M | $56.5M | $26.1M | $40.5M | $345.3M | $70.1M | $198.1M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.02B | $1.04B | $969.3M | $1.05B | $1.05B | $1.04B | $1.03B | $1.12B |
| Growth (year over year) | −2.9% | +2.1% | −0.9% | +1.0% | +2.5% | +0.1% | +6.2% | +6.5% |
| Gross profit | $301.7M | $313.0M | $291.1M | $321.2M | $318.2M | $309.4M | $316.9M | $340.8M |
| Gross margin | 29.6% | 30.2% | 30.0% | 30.6% | 30.4% | 29.8% | 30.8% | 30.5% |
| Operating income | $125.7M | $120.0M | $128.3M | $29.3M | $141.5M | $116.5M | $155.6M | $166.1M |
| Operating margin | 12.3% | 11.6% | 13.2% | 2.8% | 13.5% | 11.2% | 15.1% | 14.8% |
| Net income | $83.1M | $77.7M | $87.3M | −$4.02M | $99.0M | $168.0M | $108.0M | $119.9M |
| Net margin | 8.1% | 7.5% | 9.0% | −0.4% | 9.5% | 16.2% | 10.5% | 10.7% |
| EPS (diluted) | $4.11 | $3.85 | $4.32 | −$1.53 | $4.98 | $9.02 | $5.51 | $6.14 |
| Balance sheet | ||||||||
| Cash and equivalents | $200.5M | $164.3M | $184.4M | $208.5M | $226.1M | $187.1M | $160.2M | $139.1M |
| Total assets | $3.50B | $3.33B | $3.38B | $3.35B | $3.37B | $3.37B | $3.44B | $3.47B |
| Total liabilities | $1.91B | $1.74B | $1.68B | $1.73B | $1.70B | $1.73B | $1.75B | $1.73B |
| Long-term debt | $898.2M | $729.9M | $730.0M | $730.0M | $730.1M | $795.1M | $790.3M | $730.6M |
| Shareholders' equity | $1.54B | $1.54B | $1.64B | $1.53B | $1.60B | $1.63B | $1.68B | $1.73B |
| Cash flow | ||||||||
| Operating cash flow | $225.1M | $193.4M | $65.1M | $167.6M | $112.5M | $111.2M | $103.5M | $148.1M |
| Capital expenditure | $20.5M | $25.6M | $30.3M | $32.0M | $41.9M | $40.8M | $34.6M | $35.9M |
| Free cash flow | $204.6M | $167.8M | $34.8M | $135.6M | $70.6M | $70.4M | $68.9M | $112.2M |
| Dividends paid | $12.1M | $12.0M | $12.0M | $13.6M | $13.4M | $13.4M | $13.3M | $14.9M |
| Share buybacks | $40.1M | $15.0M | — | — | $25.8M | $72.3M | $57.5M | $60.0M |
From Valmont Industries's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.
Source: Wikipedia — Valmont Industries
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