VMIValmont Industries, Inc.
The financials
Valmont Industries, Inc. by the numbers
Valmont Industries, Inc. (VMI) reported revenue of $1.10B in Q3 2026 (quarter ended Sep 26, 2026), up 5.5% from the same quarter a year earlier. That came with a gross margin of 30% and net income of $121M (11% of revenue). For the full year FY2025, revenue was $4.10B (+0.7% year on year) and net income $354M. Its largest product in Q3 2026 was North America Utility Product Line at $470M, 47% of the disclosed total, well ahead of International Infrastructure And Solar Product Line at 16%. The next results filing is expected around Jan 19, 2027, a quarter after the last one.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1.10B | $1.05B | +5.5% |
| Gross profit | $331M | $318M | +4.1% |
| Operating income | $173M | $141M | +22% |
| Net income | $121M | $101M | +20% |
| Diluted EPS | $6.24 | $4.98 | +25% |
| Product | Revenue | Share |
|---|---|---|
| North America Utility Product Line | $470M | 47% |
| International Infrastructure And Solar Product Line | $160M | 16% |
| North America Lighting And Transportation Product Line | $127M | 13% |
| Service | $119M | 12% |
| North America Coatings Product Line | $70M | 7.0% |
| North America Telecommunications Product Line | $55M | 5.5% |
Over its last three fiscal years Valmont Industries, Inc. booked income tax of 21.4% of its pretax profit, 27.2% once deferred tax is taken out, close to the 21.3% median for US companies in our tax study.
Business segments
Revenue split by product segment, from SEC XBRL filings.
- North America Utility Product Line$469.6M$469.6Mvs last quarter +2.8%vs a year ago +23%+2.8%+23%
- International Infrastructure And Solar Product Line$160.4M$160.4Mvs last quarter -3.2%vs a year ago +5.5%-3.2%+5.5%
- North America Lighting And Transportation Product Line$127.5M$127.5Mvs last quarter -2.3%vs a year ago -2.2%-2.3%-2.2%
- Service$118.9M$118.9Mvs last quarter +6.9%vs a year ago +0.86%+6.9%+0.86%
- North America Coatings Product Line$69.7M$69.7Mvs last quarter +0.98%vs a year ago +14%+0.98%+14%
- North America Telecommunications Product Line$54.9M$54.9Mvs last quarter -3.7%vs a year ago -34%-3.7%-34%
Conglomerates
The closest names by size in the same industry