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Valmont Industries Inc (VMI) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · CONGLOMERATES · DATA UPDATED 2026-07-27

Valmont Industries Inc (VMI) operates in the CONGLOMERATES industry and is headquartered in Omaha, United States with about 10,791 employees. Its market capitalization is roughly $9 billion. In the fiscal year ended 2025-12-31, VMI reported $4.1B in revenue and $350M in net income.

Valmont Industries, Inc. operates as a manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. The company operates in two segments, Infrastructure and Agriculture.

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VMI Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$4.2B$4.1B$4.1B$4.2B$4.3B$3.5B$2.9B$2.8B$2.8B$2.7B$2.5B$2.6B$3.1B$3.3B$3.0B$2.7B$2.0B$1.8B$1.9B$1.5B$1.3B
Gross Profit$1.3B$1.2B$1.2B$1.2B$1.1B$884M$766M$683M$668M$682M$656M$621M$808M$945M$802M$667M$520M$532M$510M$400M$327M
Gross Margin %30.4%30.2%30.5%29.6%25.9%25.2%26.4%24.7%24.2%24.8%26.0%23.7%25.9%28.6%26.5%25.1%26.3%29.8%26.8%26.7%25.5%
Operating Income (EBIT)$586M$522M$525M$292M$433M$287M$226M$228M$212M$267M$245M$132M$358M$473M$382M$263M$178M$238M$229M$156M$110M
Operating Margin %13.9%12.7%12.9%7.0%10.0%8.2%7.8%8.2%7.7%9.7%9.7%5.0%11.5%14.3%12.6%9.9%9.0%13.3%12.0%10.4%8.6%
Net Income$495M$350M$348M$143M$251M$196M$141M$146M$94M$116M$173M$40M$184M$278M$234M$228M$94M$154M$132M$95M$62M
Net Margin %11.7%8.5%8.6%3.4%5.8%5.6%4.9%5.3%3.4%4.2%6.9%1.5%5.9%8.4%7.7%8.6%4.8%8.6%6.9%6.3%4.8%
EBITDA$676M$507M$623M$392M$509M$395M$317M$322M$280M$358M$347M$229M$410M$559M$461M$344M$244M$287M$263M$191M$147M
Earnings Per Share (EPS)$25.14$17.57$17.19$6.78$11.62$9.10$6.57$6.73$4.20$5.11$7.63$1.71$7.09$10.35$8.75$8.60$3.57$5.86$5.04$3.63$2.38
Shares Outstanding (M)20M20M20M21M22M21M21M22M22M23M23M23M26M27M27M27M26M26M26M26M26M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

VMI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.1B$1.0B$1.0B$1.0B$1.1B$969M$1.0B$1.0B
Gross Profit$341M$317M$309M$318M$321M$291M$313M$302M
Gross Margin %30.5%30.8%29.8%30.4%30.6%30.0%30.2%29.6%
Operating Income (EBIT)$166M$156M$123M$141M$29M$128M$120M$126M
Operating Margin %14.8%15.1%11.8%13.5%2.8%13.2%11.6%12.3%
Net Income$120M$108M$168M$99M($30M)$87M$78M$83M
Net Margin %10.7%10.5%16.2%9.5%-2.9%9.0%7.5%8.1%
EBITDA$172M$177M$164M$163M$52M$150M$143M$151M
Earnings Per Share (EPS)$6.14$5.51$8.51$4.98$-1.53$4.32$3.84$4.11
Shares Outstanding (M)20M20M20M20M20M20M20M20M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

VMI Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$475M$456M$573M$307M$326M$66M$316M$308M$153M$146M$219M$272M$174M$396M$197M$150M$152M$350M$53M$110M$59M
Capital Expenditures (CapEx)$153M$145M$79M$97M$93M$108M$107M$97M$72M$55M$58M$45M$73M$107M$97M$83M$36M$44M$51M$57M$28M
Free Cash Flow (FCF)$322M$311M$493M$210M$233M($42M)$210M$210M$81M$90M$161M$227M$101M$290M$100M$67M$116M$305M$2M$54M$31M
FCF Margin %7.6%7.6%12.1%5.0%5.4%-1.2%7.2%7.6%2.9%3.3%6.4%8.7%3.2%8.8%3.3%2.5%5.9%17.1%0.1%3.6%2.4%
Dividends Paid$55M$52M$48M$50M$46M$41M$37M$33M$34M$34M$34M$35M$32M$25M$22M$23M$30M$15M$12M$10M$9M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

VMI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$148M$103M$111M$113M$168M$65M$193M$225M
Capital Expenditures (CapEx)$36M$35M$41M$42M$32M$30M$26M$21M
Free Cash Flow (FCF)$112M$69M$70M$71M$136M$35M$168M$205M
FCF Margin %10.0%6.7%6.8%6.8%12.9%3.6%16.2%20.1%
Dividends Paid$15M$13M$13M$13M$14M$12M$12M$12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

VMI Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$3.5B$3.4B$3.3B$3.5B$3.6B$3.4B$3.0B$2.8B$2.5B$2.6B$2.4B$2.4B$2.7B$2.8B$2.6B$2.3B$2.1B$1.3B$1.3B$1.1B$892M
Cash & Cash Equivalents$139M$187M$164M$203M$185M$177M$401M$354M$313M$493M$400M$349M$372M$614M$414M$363M$347M$181M$69M$107M$64M
Total Liabilities$1.7B$1.7B$1.7B$2.1B$1.9B$2.0B$1.7B$1.6B$1.4B$1.4B$1.4B$1.4B$1.5B$1.2B$1.2B$1.1B$1.1B$494M$685M$532M$483M
Total Debt (Short + Long-Term)$0M$796M$732M$1.1B$878M$965M$766M$787M$753M$755M$756M$766M$782M$490M$486M$486M$478M$172M$358M$238M$234M
Total Shareholders' Equity$1.7B$1.6B$1.5B$1.4B$1.6B$1.4B$1.2B$1.1B$1.1B$1.1B$943M$918M$1.2B$1.5B$1.4B$1.1B$916M$786M$624M$511M$401M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive VMI viewer.

VMI Metric Deep Dives

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