What does ESS — restructuring charges mean?

The one-time costs associated with reorganizing or downsizing operations within the Engineered Support Structures segment.

How do you interpret ESS — restructuring charges?

An increase indicates active operational restructuring, which may temporarily depress earnings but is intended to improve future margins.

How does ESS — restructuring charges compare across companies?

Commonly reported as 'Restructuring Charges' or 'Special Items' by industrial manufacturing peers undergoing organizational shifts.

Valmont Industries VMI ESS — Restructuring Charges

Discontinued — last reported Q1 '21

Similar metrics at other companies

DOVEngineered Systems Segment — Restructuring Charges

$852K-92.0%

DOVEngineered Systems Segment — Restructuring charges, actual

$5.26M+74.4%

TDYEngineered Systems — Restructuring Charges

$100K-20.0%

ESIIndustrial & Specialty — Restructuring Charges

$1.8M+16.1%

IRCorporate — Restructuring Charges

$1.5M+445%

DCIEngine Products segment — Restructuring Charges

$2.5M—

Other financials

Income statement

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Revenue$1.0B+6.2%

Gross profit$316.9M+8.9%

Operating income$155.6M+21.3%

Net income$108.0M+23.8%

EPS (diluted)$5.51+27.5%

Balance sheet

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Cash & equivalents$160.2M-13.1%

Total debt$921.3M+6.9%

Total equity$1.7B+2.7%

Total assets$3.4B+1.8%

Cash flow

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Operating cash flow$103.5M+58.9%

CapEx$34.6M+14.0%

Free cash flow$68.9M+97.9%

Valuation

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Market cap$11.07B+36.4%

Enterprise value$11.83B+33.8%

P/E29.8×+6.5×

P/S2.7×+0.7×

Profitability

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Gross margin30.4%+0.2pp

Operating margin10.6%-2.2pp

Net margin8.9%+0.4pp

FCF margin8.3%-4.5pp

Returns & leverage

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Return on equity22.4%-0.5pp

Debt / equity0.5×0.0×

Current ratio2.4×+0.1×

Where this comes from

Reported directly by Valmont Industries in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Valmont Industries’s 10-Q, filed April 29, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does ESS — restructuring charges mean?: The one-time costs associated with reorganizing or downsizing operations within the Engineered Support Structures segment.
How do you interpret ESS — restructuring charges?: An increase indicates active operational restructuring, which may temporarily depress earnings but is intended to improve future margins.
How does ESS — restructuring charges compare across companies?: Commonly reported as 'Restructuring Charges' or 'Special Items' by industrial manufacturing peers undergoing organizational shifts.