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Valmont Industries

VMI

Valmont Industries is a global manufacturer of engineered products and services for infrastructure development and agricultural productivity.

Market cap
$9.33B+27.7%
Revenue$4.2B+3.8%
Net income$495.0M+103%
Free cash flow$322.1M-40.7%
EPS (diluted)$25.62+138%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 20, 2026 (in 3 months)
Revenue estimate$1.1B
EPS estimate$5.72

Financials

Q2 2026

Income statement

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Revenue$1.1B+6.5%
Gross profit$340.8M+6.1%
Operating income$166.1M+467%
Net income$119.9M+3,083%
EPS (diluted)$6.14+501%

Balance sheet

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Cash & equivalents$139.1M-33.3%
Total debt$871.7M+1.2%
Total equity$1.7B+12.9%
Total assets$3.5B+3.6%

Cash flow

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Operating cash flow$148.1M-11.6%
CapEx$35.9M+12.3%
Free cash flow$112.2M-17.3%

Valuation & ratios

Valuation

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Market cap$9.61B+27.7%
Enterprise value$10.34B+26.7%
P/E19.4×-11.4×
P/S2.3×+0.4×

Profitability

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Gross margin30.4%+0.3pp
Operating margin13.7%+3.8pp
Net margin11.7%+5.7pp
FCF margin7.6%-5.7pp

Returns & leverage

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Return on equity30.4%+14.1pp
Debt / equity0.5×-0.1×
Current ratio2.4×+0.2×

Segments

By product

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North America Utility Product Line$456.7M+33.9%
Agriculture Product Line$242.0M-15.8%
International Infrastructure And Solar Product Line$165.7M+7.5%
North America Lighting And Transportation Product Line$130.5M-2.4%
North America Coatings Product Line$66.8M+17.6%

By segment

See full
Infrastructure$878.9M+14.8%
Agriculture$243.7M-15.8%

Competitors

Profile

Valmont Industries is a global manufacturer of engineered products and services for infrastructure development and agricultural productivity. The company provides critical solutions for the electrical grid, telecommunications, and transportation sectors, while also leading the mechanized irrigation market with advanced water-management technologies. Its value proposition centers on resource conservation, grid resiliency, and improving agricultural yields through engineering expertise and a global manufacturing footprint.

Competitive position

Valmont is a recognized market leader in mechanized irrigation and a leading provider of engineered infrastructure structures, competing on engineering expertise, product durability, and a vast global dealer network.

GeographiesNorth America, Australia, India, New Zealand, South America, South Africa, Western Europe, China, United Arab Emirates
Customer segmentsPublic Utilities, Governmental Entities, Commercial Enterprises, Agricultural Producers
Business modelManufacturing, Engineering Services, SaaS, Aftermarket Parts and Service
SuppliersSteel Mills, Zinc Producers, Steel Service Centers, Natural Gas Suppliers
CustomersElectrical Grid Operators, State and Federal Transportation Departments, Telecommunications Carriers, Commercial Real Estate Developers, Independent Agricultural Dealers
Listed1972
Employees11.1K
CEOAvner Applbaum
FilingsSEC EDGAR

Questions, answered.

What is Valmont Industries's market cap?
Valmont Industries (VMI) has a market capitalization of $9.3B and trades on NYSE.
What is Valmont Industries's revenue and profitability?
Valmont Industries generated $4.2B in trailing twelve-month revenue with net income of $495.0M, representing a net margin of 11.7%. Gross margin stands at 30.4%, with free cash flow of $322.1M. These figures are based on the Q2 2026 filing.
Who are Valmont Industries's competitors?
Valmont Industries's key competitors include MasTec, Lindsay Corporation, Arcosa, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does Valmont Industries have?
Valmont Industries's subsidiaries include AgSense, HR Products, ConcealFab.
Where is Valmont Industries headquartered?
Valmont Industries is headquartered in United States of America and employs approximately 11,125 people. It has been publicly traded since 1972.