VMI
Valmont Industries Inc
NYSE: VMI · INDUSTRIALS · CONGLOMERATES
$491.68
-1.14% today
Updated 2026-04-29
Market cap
$9.61B
P/E ratio
27.32
P/S ratio
2.31x
EPS (TTM)
$18.00
Dividend yield
0.56%
52W range
$297 – $504
Volume
0.2M
Valmont Industries Inc (VMI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | $1.50B | $1.91B | $1.79B | $1.98B | $2.66B | $3.03B | $3.30B | $3.12B | $2.62B | $2.52B | $2.75B | $2.76B | $2.77B | $2.90B | $3.50B | $4.35B | $4.17B | $4.08B | $4.10B |
| Revenue growth (YoY) | — | +17.1% | +27.2% | -6.3% | +10.6% | +34.7% | +13.8% | +9.1% | -5.5% | -16.1% | -3.7% | +8.9% | +0.4% | +0.4% | +4.6% | +20.9% | +24.1% | -3.9% | -2.4% | +0.7% |
| Cost of revenue | $954.55M | $1.10B | $1.40B | $1.25B | $1.46B | $1.99B | $2.23B | $2.36B | $2.32B | $2.00B | $1.87B | $2.06B | $2.09B | $2.08B | $2.13B | $2.62B | $3.22B | $2.94B | $2.83B | $2.86B |
| Gross profit | $326.73M | $399.85M | $510.48M | $532.01M | $519.57M | $666.81M | $802.46M | $945.23M | $808.12M | $621.03M | $656.24M | $681.77M | $668.17M | $682.68M | $765.51M | $883.89M | $1.13B | $1.24B | $1.24B | $1.24B |
| Gross margin | 25.5% | 26.7% | 26.8% | 29.8% | 26.3% | 25.1% | 26.5% | 28.6% | 25.9% | 23.7% | 26.0% | 24.8% | 24.2% | 24.7% | 26.4% | 25.2% | 25.9% | 29.6% | 30.5% | 30.2% |
| R&D | $5.80M | $4.90M | $5.00M | $6.20M | $5.50M | $6.20M | $7.10M | $10.20M | $13.90M | $11.60M | $8.30M | $11.60M | $11.50M | $13.90M | $21.40M | $37.00M | $46.00M | $55.00M | $59.00M | — |
| SG&A | $216.60M | $244.20M | $281.90M | $294.00M | $341.20M | $403.50M | $413.10M | $462.00M | $436.50M | $435.77M | $412.74M | $403.09M | $428.72M | $440.88M | $522.92M | $590.61M | $692.98M | $768.42M | $716.63M | $717.63M |
| Operating income | $110.08M | $155.63M | $228.59M | $237.99M | $178.41M | $263.31M | $382.30M | $473.07M | $357.72M | $131.69M | $245.37M | $267.08M | $212.17M | $227.91M | $225.95M | $286.79M | $433.25M | $291.56M | $524.58M | $522.30M |
| Operating margin | 8.6% | 10.4% | 12.0% | 13.3% | 9.0% | 9.9% | 12.6% | 14.3% | 11.5% | 5.0% | 9.7% | 9.7% | 7.7% | 8.2% | 7.8% | 8.2% | 10.0% | 7.0% | 12.9% | 12.7% |
| EBITDA | $146.63M | $190.80M | $263.38M | $286.59M | $243.59M | $344.49M | $461.13M | $559.36M | $410.30M | $228.77M | $347.28M | $358.07M | $280.40M | $322.27M | $316.74M | $395.27M | $508.59M | $391.97M | $622.80M | $506.60M |
| EBITDA margin | 11.4% | 12.7% | 13.8% | 16.0% | 12.3% | 12.9% | 15.2% | 16.9% | 13.1% | 8.7% | 13.8% | 13.0% | 10.2% | 11.6% | 10.9% | 11.3% | 11.7% | 9.4% | 15.3% | 12.3% |
| EBIT | $110.08M | $155.63M | $223.79M | $241.84M | $183.93M | $269.93M | $390.92M | $481.92M | $320.97M | $137.63M | $264.86M | $273.11M | $197.57M | $240.01M | $233.84M | $302.69M | $411.42M | $293.26M | $527.40M | $418.09M |
| Interest expense | $16.35M | $17.43M | $18.27M | $15.76M | $30.95M | $36.17M | $31.63M | $32.50M | $36.79M | $44.62M | $44.41M | $44.65M | $44.24M | $40.15M | $41.08M | $42.61M | $47.53M | $56.81M | $58.72M | $40.54M |
| Income tax | $30.82M | $44.02M | $70.21M | $72.89M | $55.01M | $-4.59M | $126.50M | $157.78M | $94.89M | $47.43M | $42.06M | $106.14M | $43.13M | $47.75M | $49.62M | $61.41M | $108.69M | $90.12M | $117.98M | — |
| Effective tax rate | 33.4% | 31.7% | 34.7% | 32.1% | 36.8% | -2.1% | 35.1% | 36.2% | 34.0% | 54.2% | 19.5% | 47.7% | 31.4% | 24.6% | 26.1% | 23.9% | 30.2% | 38.6% | 25.3% | 0.0% |
| Net income | $61.54M | $94.71M | $132.40M | $153.94M | $94.38M | $228.31M | $234.07M | $278.49M | $183.98M | $40.12M | $173.23M | $116.24M | $94.35M | $146.41M | $140.69M | $195.63M | $250.86M | $143.47M | $348.26M | $350.27M |
| Net income growth (YoY) | — | +53.9% | +39.8% | +16.3% | -38.7% | +141.9% | +2.5% | +19.0% | -33.9% | -78.2% | +331.8% | -32.9% | -18.8% | +55.2% | -3.9% | +39.0% | +28.2% | -42.8% | +142.7% | +0.6% |
| Profit margin | 4.8% | 6.3% | 6.9% | 8.6% | 4.8% | 8.6% | 7.7% | 8.4% | 5.9% | 1.5% | 6.9% | 4.2% | 3.4% | 5.3% | 4.9% | 5.6% | 5.8% | 3.4% | 8.5% | 8.5% |