VMI Financials Valmont Industries Inc

14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 7.2% per year over the past 5 years.
Net income has grown faster than revenue (15.7% vs 7.2% per year).
Operating margin has expanded, at 10.1% in the latest year.
Free cash flow has grown 8.2% per year over the past 5 years.

Financial health

Total debt ($796M) exceeds cash ($187M); net debt is $609M.
Total debt has grown slower than revenue (1.7% vs 7.2% per year).
Operating income covered interest expense 10× in the latest year.
Total debt is 1.6× EBITDA.

Shareholder returns

Dividends have been paid for 4 consecutive years, consuming 15.0% of earnings and 16.9% of free cash flow.
The dividend has grown 7.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$4.1B	$350M	30.2%	10.1%	$311M	$796M	$187M
2024	$4.1B	$348M	30.5%	12.9%	$493M	$731M	$164M
2023	$4.2B	$151M	29.6%	7.0%	$210M	$1.1B	$203M
2022	$4.3B	$251M	25.9%	10.0%	$233M	$872M	$185M
2022	$4.3B	—	0.0%	10.0%	—	—	—
2021	$3.5B	$196M	25.2%	8.2%	-$42M	$952M	$177M
2020	$2.9B	—	26.4%	7.8%	$210M	$731M	$401M
2019	$2.8B	—	24.7%	8.2%	$210M	$766M	$354M
2018	$2.8B	—	24.2%	7.7%	$81M	$743M	$313M
2017	$2.7B	—	24.8%	9.7%	$78M	$755M	$493M
2016	$2.5B	—	26.0%	9.7%	$175M	$756M	$400M
2010	—	$94M	—	—	$116M	$469M	$347M
2009	—	$151M	—	—	$305M	$160M	$181M
2008	—	$132M	—	—	$2M	—	$69M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$1.0B	$108M	30.8%	15.1%	$69M	$790M	$160M
Dec '25	$1.0B	$168M	29.8%	11.2%	$70M	$796M	$187M
Sep '25	$1.0B	$99M	30.4%	13.5%	$71M	$731M	$226M
Jun '25	$1.1B	-$4M	30.6%	2.8%	$136M	$731M	$209M
Mar '25	$969M	$87M	30.0%	13.2%	$35M	$731M	$184M
Dec '24	$1.0B	$78M	30.2%	11.6%	$168M	$731M	$164M
Sep '24	$1.0B	$83M	29.6%	12.3%	$205M	$899M	$200M
Jun '24	$1.0B	$100M	30.8%	14.2%	$112M	$1.0B	$163M
Mar '24	$978M	$88M	31.3%	13.5%	$8M	$1.1B	$169M
Dec '23	$1.0B	$36M	27.9%	6.3%	$90M	$1.1B	$203M
Sep '23	$1.1B	-$49M	30.0%	-2.3%	$55M	$978M	$173M
Jul '23	$1.0B	$89M	31.5%	12.8%	$65M	$954M	$167M
Apr '23	$1.1B	$75M	29.0%	11.1%	-$1M	$987M	$173M
Dec '22	$1.1B	—	26.4%	9.7%	$116M	$872M	$185M
Dec '22	$1.1B	—	0.0%	9.7%	—	—	—
Sep '22	$1.1B	—	26.0%	10.0%	$98M	$937M	$166M
Jun '22	$1.1B	—	25.8%	10.5%	$43M	$999M	$155M
Mar '22	$981M	—	25.4%	9.7%	-$24M	$967M	$150M
Dec '21	$963M	—	23.1%	5.3%	-$23M	$952M	$177M
Sep '21	$869M	—	26.2%	8.8%	-$40M	$902M	$170M

Valuation over time

How the market has priced VMI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 24.7× (Mar '23) to 32.3× (Jun '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 2.8× (Jun '26).
The dividend yield has fallen from 0.7% (Mar '23) to 0.5% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is VMI growing its revenue and profit?

Over the past 5 years, Valmont Industries Inc's revenue has grown 7.2% per year, and net income grown 15.7% per year. These are computed facts, not advice.

How much debt does VMI have?

As of FY2025, Valmont Industries Inc reported $796M of total debt against $187M of cash; operating income covered interest expense 10×.

What is VMI's profit margin?

In FY2025, gross margin was 30.2%, operating margin 10.1%, and net margin 8.5%.

What is VMI's P/E ratio?

As of Jun '26, Valmont Industries Inc traded at a price-to-earnings ratio of about 32.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.