VMI
Valmont Industries, Inc.
Stock
$478.74+10.46 (+2.23%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2B | $4.1B | $4.1B | $4.2B | $4.3B | $3.5B | $2.9B | $2.8B | $2.8B | $2.7B | $2.5B | $2.6B | $3.1B | $3.3B | $3.2B | $2.8B | $2.0B | $1.8B | $1.9B |
| Cost of revenue | $2.9B | $2.9B | $2.8B | $2.9B | $3.2B | $2.6B | $2.1B | $2.1B | $2.1B | $2.1B | $1.9B | $2.0B | $2.3B | $2.4B | $2.4B | $2.1B | $1.5B | $1.3B | $1.4B |
| Gross profit | $1.3B | $1.2B | $1.2B | $1.2B | $1.1B | $884M | $766M | $683M | $668M | $682M | $656M | $621M | $808M | $945M | $802M | $667M | $520M | $532M | $510M |
| R&D | — | $33M | $59M | $55M | $46M | $37M | $21M | $14M | $12M | $12M | $8.3M | $12M | $14M | $10M | $7.1M | $6.2M | $5.5M | $6.2M | — |
| SG&A | $699M | $718M | $717M | $768M | $693M | $591M | $523M | $455M | $440M | $415M | $411M | $447M | $450M | $472M | $420M | $404M | $341M | $294M | $282M |
| Other operating expenses | $6.5M | $74M | — | $121M | — | — | — | — | $4.3M | — | — | $30M | — | — | — | — | — | — | — |
| Operating income | $580M | $416M | $525M | $292M | $433M | $287M | $226M | $228M | $212M | $267M | $245M | $132M | $358M | $473M | $382M | $263M | $178M | $238M | $229M |
| Non-operating income | −$31M | −$38M | −$56M | −$55M | −$69M | −$27M | −$33M | −$28M | −$59M | −$39M | −$25M | −$39M | −$74M | −$24M | −$23M | −$30M | −$25M | −$12M | −$23M |
| Pretax income | $548M | $378M | $469M | $236M | $364M | $260M | $193M | $200M | $153M | $228M | $220M | $93M | $284M | $449M | $359M | $234M | $153M | $226M | $206M |
| Taxes | $53M | $27M | $120M | $86M | $113M | $64M | $52M | $53M | $52M | $112M | $47M | $53M | $100M | $171M | $125M | $5.4M | $59M | $76M | $73M |
| Net income | $495M | $350M | $348M | $151M | $251M | $196M | $141M | $146M | $102M | $116M | $173M | $40M | $184M | $278M | $234M | $228M | $94M | $151M | $132M |
| Diluted EPS | $24.31 | $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 |
| Diluted shares | — | 19.9M | 20.3M | 21.2M | 21.6M | 21.5M | 21.4M | 21.8M | 22.4M | 22.7M | 22.7M | 23.4M | 25.9M | 26.9M | 26.8M | 26.6M | 26.4M | 26.3M | — |
| Revenue growth | — | +0.7% | −2.4% | −3.9% | +24.1% | +20.9% | +4.6% | +0.4% | +0.4% | +8.9% | −3.7% | −16.1% | −5.5% | +4.2% | +14.5% | +36.2% | +10.2% | −3.3% | — |
| Gross margin | 30.4% | 30.2% | 30.5% | 29.6% | 25.9% | 25.2% | 26.4% | 24.7% | 24.2% | 24.8% | 26.0% | 23.7% | 25.9% | 28.6% | 25.3% | 24.1% | 25.6% | 28.9% | 26.8% |
| Operating margin | 13.7% | 10.1% | 12.9% | 7.0% | 10.0% | 8.2% | 7.8% | 8.2% | 7.7% | 9.7% | 9.7% | 5.0% | 11.5% | 14.3% | 12.1% | 9.5% | 8.8% | 12.9% | 12.0% |
| Net margin | 11.7% | 8.5% | 8.5% | 3.6% | 5.8% | 5.6% | 4.9% | 5.3% | 3.7% | 4.2% | 6.9% | 1.5% | 5.9% | 8.4% | 7.4% | 8.2% | 4.6% | 8.2% | 6.9% |