How do you interpret ESS — restructuring costs and asset impairment charges?

An increase reflects significant asset impairment or organizational downsizing, often signaling a major strategic shift or response to market headwinds.

How does ESS — restructuring costs and asset impairment charges compare across companies?

Comparable to 'Impairment and Restructuring Charges' reported by industrial peers during periods of portfolio optimization.

Valmont Industries VMI ESS — Restructuring Costs And Asset Impairment Charges

Discontinued — last reported Q4 '18

Similar metrics at other companies

SPXCOperating Segments — Restructuring Costs And Asset Impairment Charges

$900K+1,100%

RBCEngineered Products — Restructuring Costs And Asset Impairment Charges

$6.74M—

FTICorporate And Other — Restructuring Costs And Asset Impairment Charges

-$100K-108%

XYLCorporate — Asset Impairment and Restructuring Charges

$500K0.0%

DOVEngineered Systems Segment — Restructuring charges, actual

$5.26M+74.4%

CREngineered Materials — Cumulative Restructuring Costs

$100K—

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:RestructuringCostsAndAssetImpairmentCharges.

The official record: Valmont Industries’s 10-Q, filed October 31, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does ESS — restructuring costs and asset impairment charges mean?: The combined total of cash restructuring expenses and non-cash asset write-downs for the Engineered Support Structures segment.
How do you interpret ESS — restructuring costs and asset impairment charges?: An increase reflects significant asset impairment or organizational downsizing, often signaling a major strategic shift or response to market headwinds.
How does ESS — restructuring costs and asset impairment charges compare across companies?: Comparable to 'Impairment and Restructuring Charges' reported by industrial peers during periods of portfolio optimization.