Skip to content

Valmont Industries VMI Q2 2024 earnings

Reported July 24, 2024 · After market close

Revenue$1.0BMiss by $633.0K
EPS$4.91Beat by $0.83
Revenue estimate$1.0B
EPS estimate$4.08

Next report

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

Financials

Q2 2024

Income statement

See full
Revenue$1.0B-0.6%
Gross profit$320.3M-2.8%
Operating income$147.3M+10.2%
Net income$99.7M+12.3%
EPS (diluted)$4.91+16.6%

Balance sheet

See full
Cash & equivalents$163.1M-2.3%
Total debt$1.2B+5.2%
Total equity$1.5B-8.7%
Total assets$3.5B-4.4%

Cash flow

See full
Operating cash flow$130.8M+48.1%
CapEx$18.3M-20.5%
Free cash flow$112.5M+72.2%

Valuation & ratios

Valuation

as of 06/29/24
See full
Market cap$5.54B-9.5%
Enterprise value$6.55B-7.3%
P/E31.3×+9.0×
P/S1.4×-0.1×

Profitability

See full
Gross margin30%+1.8pp
Operating margin7.8%-3.1pp
Net margin4.3%-2.0pp
FCF margin6.5%+0.1pp

Returns & leverage

See full
Return on equity11.5%-6.3pp
Debt / equity0.8×+0.1×
Current ratio2.5×+0.1×

Segments

By segment

See full
Infrastructure$762.7M-1.0%
Agriculture$281.7M+0.6%

Versus estimates

Ask the moment Valmont Industries reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Valmont Industries report Q2 2024 earnings?
Valmont Industries (VMI) reported Q2 2024 earnings on July 24, 2024 after market close.
What were Valmont Industries's Q2 2024 revenue and EPS?
Valmont Industries reported revenue of $1.0B and eps of $4.91 for Q2 2024.
Did Valmont Industries beat estimates in Q2 2024?
Revenue missed the consensus estimate of $1.0B by $633.0K. EPS beat the consensus estimate of $4.08 by $0.83.
Where can I find Valmont Industries's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000102729-24-000039) directly on SEC EDGAR. The filing index links above go to sec.gov.