MARKETS / NYSE / VMI

NYSE · FABRICATED STRUCTURAL METAL PRODUCTS · LARGE CAP

Valmont Industries Inc. VMI

18 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$4.1B

▲ 0.7% YoY

Net income

$350.3M

▲ 0.6% YoY

Free cash flow

$311.4M

▼ 36.9% YoY

In brief

What this company does

Valmont Industries, Inc., along with its subsidiaries, is a diversified manufacturer of products and services for infrastructure and agriculture markets. As of December 27, 2025, it employed 6,294 individuals in the U.S. and 4,497 internationally. As of December 27, 2025, its backlog of orders for principal products was $1,653.7 million. The company organizes its operations into two reportable segments, Infrastructure and Agriculture. The Infrastructure segment manufactures and distributes products and solutions serving the utility, lighting, transportation, telecommunications, and solar markets, along with coatings services to protect metal products. The Agriculture segment manufactures center pivot and linear irrigation equipment components for agricultural markets, including aftermarket parts and tubular products, and advanced technology solutions for precision agriculture. Founded in 1946 and headquartered in Omaha, Nebraska, the company has been publicly traded since 1968.

Written from the business description in VALMONT INDUSTRIES INC's annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth

USD 4.1B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 4.1 · Net income 0.4

Compound annual growth

Revenue

−1.9%

+7.2%

+4.6%

+5.0%

Net income

+11.8%

EPS, diluted

+13.1%

+20.6%

+25.7%

+10.9%

Dividend / share

+7.3%

+8.6%

+6.1%

+10.1%

Returned to shareholders

+42.7%

+21.8%

+2.1%

+19.4%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +7.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

9 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 10.1% · Net 8.6%

ROE

FY2025 · ROE 22.1%

Gross margin30.2%

Operating margin10.1%

Net margin8.6%

Return on assets10.6%

EBITDAUSD 504.1M

Each USD of equity produced 22 cents of profit this year.

Cash & shareholders

USD 250.6M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 311.4

Net buybacks $M Dividends $M

FY2025 · Dividends 52.5 · Net buybacks 198.1

Dividends paidUSD 52.5M

Net buybacksUSD 198.1M

Share of profit71.5%

Consecutive raises1 years

USD 52.5M in dividends and USD 198.1M in buybacks — 72% of the year's profit went back to shareholders.

Total assetsUSD 3.4B

EquityUSD 1.6B

CashUSD 187.1M

Gross debtUSD 795.7M

Net debtUSD 608.5M

Current ratio2.35×

Net debt stands at 37% of equity.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	4.1	4.1	4.2	4.3	3.5	2.9	2.8	2.8	2.7	2.5	2.6	3.1	3.3	3.0	2.7	2.0	1.8	1.9
Operating income $B	0.4	0.5	0.3	0.4	0.3	0.2	0.2	0.2	0.3	0.2	0.1	0.4	0.5	0.4	0.3	0.2	0.2	0.2
EBITDA $B	0.5	0.6	0.4	0.5	0.4	0.3	0.3	0.3	0.4	0.3	0.2	0.4	0.6	0.5	0.3	0.2	0.3	0.3
Income tax $B	0.0	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.1	0.0	0.0	0.1	0.2	0.1	0.0	0.1	0.1	0.1
Net income $B	0.4	0.3	0.2	0.3	0.2	0.1	0.2	0.1	0.1	0.2	0.0	0.2	0.3	0.2	0.2	0.1	0.2	0.1
Free cash flow $B	0.3	0.5	0.2	0.2	−0.0	0.2	0.2	0.1	0.1	0.2	0.2	0.1	0.3	0.1	0.1	0.1	0.3	0.0
EPS, diluted $	16.79	17.19	6.78	11.62	9.10	6.57	6.73	4.53	5.11	7.63	1.71	7.09	10.35	8.75	8.60	3.57	5.73	5.04
Dividend / sh $	2.72	2.40	2.40	2.20	2.00	1.80	1.50	1.50	1.50	1.50	1.50	1.38	0.97	0.85	0.70	0.65	0.58	0.49
Payout %	15	14	33	18	21	26	21	31	28	19	78	17	9	9	8	18	10	9
ROE %	22.1	24.0	10.3	16.9	15.2	12.2	13.8	9.9	11.9	19.2	4.3	13.9	19.5	19.1	23.0	11.1	19.1	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 87 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 8 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityFabricated Structural Metal Products

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 26

Data on record since2008