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 Oct 30, 2026, 11:15 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$4.1B	$350M	30.2%	10.1%	21.5%	10.4%	$311M	$796M	$187M
2024	$4.1B	$348M	30.5%	12.9%	22.6%	10.5%	$493M	$731M	$164M
2023	$4.2B	$151M	29.6%	7.0%	11.1%	4.3%	$210M	$1.1B	$203M
2022	$4.3B	$251M	25.9%	10.0%	15.9%	7.1%	$233M	$872M	$185M
2022	$4.3B	—	0.0%	10.0%	—	—	—	—	—
2021	$3.5B	$196M	25.2%	8.2%	14.1%	5.7%	-$42M	$952M	$177M
2020	$2.9B	—	26.4%	7.8%	0.0%	0.0%	$210M	$731M	$401M
2019	$2.8B	—	24.7%	8.2%	0.0%	0.0%	$210M	$766M	$354M
2018	$2.8B	—	24.2%	7.7%	0.0%	0.0%	$81M	$743M	$313M
2017	$2.7B	—	24.8%	9.7%	0.0%	0.0%	$78M	$755M	$493M
2016	$2.5B	—	26.0%	9.7%	0.0%	0.0%	$175M	$756M	$400M
2010	—	$94M	—	—	10.3%	4.5%	$116M	$469M	$347M
2009	—	$151M	—	—	19.1%	11.6%	$305M	$160M	$181M
2008	—	$132M	—	—	—	—	$2M	—	$69M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Sep '26	$1.1B	$121M	30.0%	15.7%	6.9%	3.4%	$55M	$756M	$122M
Jun '26	$1.1B	$120M	30.5%	14.8%	6.9%	3.5%	$112M	$731M	$139M
Mar '26	$1.0B	$108M	30.8%	15.1%	6.4%	3.1%	$69M	$790M	$160M
Dec '25	$1.0B	$168M	29.8%	11.2%	10.3%	5.0%	$70M	$796M	$187M
Sep '25	$1.0B	$99M	30.4%	13.5%	6.2%	2.9%	$71M	$731M	$226M
Jun '25	$1.1B	-$4M	30.6%	2.8%	-0.3%	-0.1%	$136M	$731M	$209M
Mar '25	$969M	$87M	30.0%	13.2%	5.3%	2.6%	$35M	$731M	$184M
Dec '24	$1.0B	$78M	30.2%	11.6%	5.0%	2.3%	$168M	$731M	$164M
Sep '24	$1.0B	$83M	29.6%	12.3%	5.4%	2.4%	$205M	$899M	$200M
Jun '24	$1.0B	$100M	30.8%	14.2%	6.8%	2.9%	$112M	$1.0B	$163M
Mar '24	$978M	$88M	31.3%	13.5%	6.2%	2.5%	$8M	$1.1B	$169M
Dec '23	$1.0B	$36M	27.9%	6.3%	2.7%	1.0%	$90M	$1.1B	$203M
Sep '23	$1.1B	-$49M	30.0%	-2.3%	-3.3%	-1.4%	$55M	$978M	$173M
Jul '23	$1.0B	$89M	31.5%	12.8%	5.5%	2.5%	$65M	$954M	$167M
Apr '23	$1.1B	$75M	29.0%	11.1%	4.8%	2.1%	-$1M	$987M	$173M
Dec '22	$1.1B	—	26.4%	9.7%	0.0%	0.0%	$116M	$872M	$185M
Dec '22	$1.1B	—	0.0%	9.7%	—	—	—	—	—
Sep '22	$1.1B	—	26.0%	10.0%	0.0%	0.0%	$98M	$937M	$166M
Jun '22	$1.1B	—	25.8%	10.5%	0.0%	0.0%	$43M	$999M	$155M
Mar '22	$981M	—	25.4%	9.7%	0.0%	0.0%	-$24M	$967M	$150M

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 fallen from 24.4× (Mar '23) to 23.3× (Nov '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 2.0× (Nov '26).
The dividend yield has fallen from 0.7% (Mar '23) to 0.6% (Nov '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?

Valmont Industries Inc's P/E (TTM) is 15.79 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the VMI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 23.3× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.