VMI
$450.68-0.35%
Valmont Industries Inc.Stock · IndustrialsRussell 1000 · 0.02% of IWBRussell 3000 · 0.02% of IWVUS Stock Market · 0.01% of VTI
VMI financial statements
The full income statement, balance sheet, and cash-flow statement for Valmont Industries Inc. (VMI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 20.2M2024-09 20.0M2024-12 20.0M2025-03 20.1M2025-06 19.7M2025-09 19.7M2025-12 19.5M2026-03 19.4M2026-06 19.3M-4.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| Revenue | 4.10B+0.7% | 4.08B-2.4% | 4.17B-3.9% | 4.35B+24.1% | 3.50B+20.9% | |
| 1.24B-0.1% | 1.24B+0.4% | 1.24B+9.8% | 1.13B+27.4% | 884M+15.5% | ||
| Cost of revenue | 2.86B+1.1% | 2.83B-3.6% | 2.94B-8.7% | 3.22B+23.0% | 2.62B+22.9% | |
| Research & development | 33.0M-44.1% | 59.0M+7.3% | 55.0M+19.6% | 46.0M+24.3% | 37.0M+72.9% | |
| Selling, general & administrative | 718M+0.1% | 717M-6.7% | 768M+10.9% | 693M+17.3% | 591M+12.9% | |
| Restructuring | 15.4M | — | 35.2M+52.1% | 23.1M+0.0% | 23.1M+0.0% | |
| Amortization of intangibles | 11.3M-20.8% | 14.2M-26.9% | 19.5M-12.0% | 22.1M+3.8% | 21.3M+17.5% | |
| Provision for credit losses | 40.0M+679.4% | 5.13M-70.9% | 17.7M+316.7% | 4.24M+25.4% | 3.38M-57.5% | |
| Operating income | 416M-20.8% | 525M+79.9% | 292M-32.7% | 433M+51.1% | 287M+26.9% | |
| Interest expense | 40.5M-31.0% | 58.7M+3.4% | 56.8M+19.5% | 47.5M+11.6% | 42.6M+3.7% | |
| Interest & investment income | 8.19M+14.0% | 7.18M+15.3% | 6.23M+209.2% | 2.02M+69.0% | 1.19M-49.8% | |
| Other non-operating income | -9.17M-160.2% | -3.52M+68.2% | -11.1M-186.6% | 12.8M+0.1% | 12.8M+316.5% | |
| Equity-method income | -90.0K-13.9% | -79.0K+94.4% | -1.42M-49.4% | -950K-0.6% | -944K | |
| Pre-tax income | 378M-19.4% | 469M+98.2% | 236M-35.0% | 364M+39.9% | 260M+34.9% | |
| Income tax | 23.9M-79.8% | 118M+30.9% | 90.1M-17.1% | 109M+77.0% | 61.4M+23.8% | |
| 350M+0.6% | 348M+130.9% | 151M-39.9% | 251M+28.2% | 196M+37.6% | ||
| Net income to non-controlling interest | — | — | — | 3.39M+61.7% | 2.10M+43.9% | |
| Net income to common | 335M-3.9% | 348M+142.7% | 143M-42.8% | 251M+28.2% | 196M+39.0% | |
| $16.79-2.3% | $17.19+153.5% | $6.78-41.7% | $11.62+27.7% | $9.10+38.5% | ||
| EPS (basic) | $16.91-2.3% | $17.31+152.7% | $6.85-41.8% | $11.77+27.5% | $9.23+39.8% | |
| Weighted-avg shares (basic) | 19.8M-1.6% | 20.1M-4.0% | 21.0M-1.7% | 21.3M+0.6% | 21.2M-0.6% | |
| Weighted-avg shares (diluted) | 19.9M-1.6% | 20.3M-4.2% | 21.2M-2.0% | 21.6M+0.4% | 21.5M+0.3% | |
| Dividends per share | $2.72+13.3% | $2.40+0.0% | $2.40+9.1% | $2.20+10.0% | $2.00+11.1% | |
| Balance Sheet | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| 1.72B+2.2% | 1.68B-5.8% | 1.79B+0.4% | 1.78B+4.0% | 1.71B+10.2% | ||
| Cash & equivalents | 187M+13.9% | 164M-19.1% | 203M+9.5% | 185M+4.6% | 177M-55.8% | |
| Accounts receivable | 590M-9.8% | 654M-0.5% | 658M+8.9% | 604M+5.7% | 572M+11.7% | |
| Inventory | 566M-4.0% | 590M-10.4% | 658M-9.7% | 729M-0.0% | 729M+62.3% | |
| Prepaid expenses | 70.7M-14.2% | 82.4M-10.9% | 92.5M+5.5% | 87.7M+4.8% | 83.6M+39.9% | |
| 3.37B+1.2% | 3.33B-4.2% | 3.48B-2.2% | 3.56B+3.2% | 3.45B+16.7% | ||
| Property, plant & equipment | 674M+14.4% | 589M-4.6% | 617M+3.7% | 596M-0.5% | 599M+0.1% | |
| Operating lease right-of-use | 140M-4.8% | 147M-14.4% | 172M+5.3% | 163M+6.7% | 153M+96.8% | |
| Goodwill | 571M-8.5% | 624M-1.4% | 633M-14.4% | 740M+4.4% | 709M+64.7% | |
| Intangible assets | 121M-9.5% | 134M-11.0% | 151M-14.7% | 177M+0.7% | 175M+4.9% | |
| Deferred tax assets | 57.8M+52.3% | 37.9M | — | — | — | |
| Other non-current assets | 16.6M-59.4% | 41.0M-85.0% | 273M+13.8% | 240M-4.7% | 252M+23.9% | |
| 732M-9.8% | 811M+12.2% | 723M-10.1% | 804M+5.0% | 766M+13.7% | ||
| Accounts payable | 360M-3.4% | 372M+3.9% | 358M-0.6% | 360M+3.6% | 348M+29.7% | |
| Accrued liabilities | 157M+18.3% | 132M-9.9% | 147M+18.5% | 124M+14.0% | 109M+21.1% | |
| Deferred revenue | 52.0M-59.0% | 127M+78.8% | 71.0M-59.0% | 173M+27.4% | 136M+4.4% | |
| Short-term & current debt | 513K-25.9% | 692K-3.8% | 719K-39.8% | 1.19M-75.6% | 4.88M+77.7% | |
| Current lease liability | 21.8M-2.8% | 22.4M+14.8% | 19.6M+16.0% | 16.9M+0.6% | 16.8M+14.3% | |
| 1.73B-0.5% | 1.74B-15.7% | 2.06B+7.6% | 1.92B | — | ||
| Long-term debt | 795M+8.9% | 730M-34.1% | 1.11B+27.2% | 871M-8.0% | 947M+30.0% | |
| Non-current lease liability | 130M-3.4% | 135M-17.3% | 163M+4.7% | 155M+5.2% | 148M+84.2% | |
| Operating lease liability (total) | 152M-3.3% | 157M-13.9% | 182M+5.8% | 172M+4.7% | 165M+73.4% | |
| Deferred tax liabilities | 5.32M-16.2% | 6.34M-70.1% | 21.2M-48.4% | 41.1M-14.1% | 47.8M+14.8% | |
| Other non-current liabilities | 35.3M+32.1% | 26.7M+108.6% | 12.8M-4.9% | 13.5M-85.0% | 89.7M+53.0% | |
| 1.63B+5.9% | 1.54B+13.9% | 1.35B-14.3% | 1.58B+14.0% | 1.39B+17.3% | ||
| Common stock | 27.9M+0.0% | 27.9M+0.0% | 27.9M+0.0% | 27.9M+0.0% | 27.9M+0.0% | |
| Additional paid-in capital | — | — | 0.00 | — | 1.48M+341.5% | |
| Retained earnings | 3.16B+7.3% | 2.94B+11.2% | 2.64B+2.0% | 2.59B+8.3% | 2.39B+6.6% | |
| Treasury stock | 1.26B+15.3% | 1.09B+4.8% | 1.04B+36.4% | 765M-1.1% | 774M-1.0% | |
| Accumulated other comprehensive income | -291M+12.7% | -333M-21.8% | -273M+0.6% | -275M-4.5% | -263M+15.1% | |
| Non-controlling interest | — | — | — | 60.9M+127.5% | 26.8M+3.8% | |
| Total equity incl. non-controlling | — | — | — | 1.64B+16.1% | 1.41B+17.0% | |
| Total liabilities & equity | 3.37B+1.2% | 3.33B-4.2% | 3.48B-2.2% | 3.56B+3.2% | 3.45B+16.7% | |
| Common shares issued | 27.9M+0.0% | 27.9M+0.0% | 27.9M+0.0% | 27.9M+0.0% | 27.9M+0.0% | |
| Shares outstanding (cover) | 19.5M-2.5% | 20.0M-0.8% | 20.2M-5.3% | 21.4M+0.3% | 21.3M+0.3% | |
| Cash Flow | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| 456M-20.3% | 573M+86.7% | 307M-6.0% | 326M+394.8% | 65.9M-79.2% | ||
| Depreciation & amortization | 88.5M-7.2% | 95.4M-3.4% | 98.7M+1.6% | 97.2M+5.0% | 92.6M+11.7% | |
| Intangible amortization | 11.3M-20.8% | 14.2M-26.9% | 19.5M-12.0% | 22.1M+3.8% | 21.3M+17.5% | |
| Share-based compensation | 24.3M-18.6% | 29.9M-23.8% | 39.2M-6.3% | 41.9M+45.7% | 28.7M+93.1% | |
| Deferred income taxes | -19.2M+22.1% | -24.7M-32.2% | -18.6M-1422.4% | -1.23M-1825.4% | 71.0K+105.1% | |
| Change in inventory | -39.4M+13.6% | -45.6M+48.4% | -88.4M-2679.0% | 3.43M-98.8% | 290M+1224.7% | |
| Change in payables | -26.3M-206.2% | 24.8M+335.5% | -10.5M-128.5% | 37.0M-58.6% | 89.4M+170.6% | |
| -143M-81.0% | -78.9M+31.6% | -115M+12.7% | -132M+68.3% | -417M-301.1% | ||
| Capital expenditure | 145M+82.5% | 79.5M-17.9% | 96.8M+3.7% | 93.3M-13.5% | 108M+1.0% | |
| Free cash flow | 311M-36.9% | 493M+134.9% | 210M-9.9% | 233M+656.7% | -41.9M-120.0% | |
| Acquisitions | 0.00 | 0.00-100.0% | 32.7M-16.8% | 39.3M-87.4% | 313M+1870.1% | |
| Other investing activities | 1.29M-67.0% | 3.90M+182.4% | 1.38M+27.0% | 1.09M+187.9% | -1.24M-140.9% | |
| -299M+42.8% | -523M-196.2% | -176M+3.0% | -182M-236.3% | 134M+176.8% | ||
| Long-term debt issued | 216M+619.1% | 30.0M-91.9% | 370M+45.7% | 254M-18.7% | 312M+251.6% | |
| Long-term debt repaid | 152M-62.9% | 408M+202.8% | 135M-59.9% | 336M+268.4% | 91.3M-24.9% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 198M+182.7% | 70.1M-79.7% | 345M+753.1% | 40.5M+55.1% | 26.1M-53.8% | |
| Dividends paid | 52.5M+8.5% | 48.4M-2.3% | 49.5M+8.1% | 45.8M+10.6% | 41.4M+12.1% | |
| Other financing activities | -1.85M+24.0% | -2.44M | — | — | — | |
| FX effect on cash | 7.94M+179.7% | -9.97M-491.4% | 2.55M+162.0% | -4.11M+27.0% | -5.62M-164.8% | |
| Net change in cash | 22.8M+158.9% | -38.7M-319.6% | 17.6M+115.7% | 8.17M+103.7% | -223M-573.7% | |
| Interest paid | 39.0M-32.4% | 57.7M+3.9% | 55.5M+19.1% | 46.7M+13.3% | 41.2M+2.4% | |
| Income taxes paid | 84.2M-32.9% | 126M+21.1% | 104M+11.4% | 93.1M+54.2% | 60.4M+10.2% | |
| Valuation Ratios | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| Market cap | 8.12B+32.2% | 6.14B+25.9% | 4.88B-30.8% | 7.05B+35.8% | 5.20B+42.1% | |
| P/E | 31.2×+55.9% | 20.0×+3.0% | 19.4×-46.1% | 36.1×+43.2% | 25.2×+0.8% | |
| P/S | 2.0×+30.6% | 1.5×+33.3% | 1.1×-32.7% | 1.7×+8.5% | 1.6×+18.4% | |
| P/B | 5.1×+27.7% | 4.0×+22.6% | 3.2×-30.3% | 4.7×+18.3% | 3.9×+25.3% | |
| P/FCF | 19.9×+34.5% | 14.8×-28.5% | 20.7×-72.6% | 75.5× | — | |
| Earnings yield | 3.2%-35.9% | 5.0%-2.9% | 5.1%+85.4% | 2.8%-30.2% | 4.0%-0.8% | |
| FCF yield | 5.0%-25.6% | 6.8%+39.9% | 4.8%+265.3% | 1.3% | — | |
| Dividend yield | 0.66%-15.7% | 0.78%-23.8% | 1.0%+54.5% | 0.67%-18.6% | 0.82%-21.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: VMI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VMI filings on SEC EDGAR → Not investment advice.