Valmont Industries (VMI) Financials

$307.47 +8.76 (+2.93%)

Closing price 03:59 PM Eastern

Extended Trading

$307.52 +0.04 (+0.01%)

As of 04:50 PM Eastern

Annual Income Statements for Valmont Industries

This table shows Valmont Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/26/2015	12/31/2016	12/30/2017	12/29/2018	12/28/2019	12/26/2020	12/25/2021	12/31/2022	12/30/2023	12/28/2024
Net Income / (Loss) Attributable to Common Shareholders	40	173	116	102	146	141	196	251	151	348
Consolidated Net Income / (Loss)	45	178	122	108	152	142	198	254	145	351
Net Income / (Loss) Continuing Operations	45	178	122	108	152	142	198	254	145	351
Total Pre-Tax Income	93	220	228	153	200	193	260	364	236	469
Total Operating Income	132	245	267	212	228	226	287	433	292	525
Total Gross Profit	621	656	682	668	683	766	884	1,126	1,236	1,241
Total Revenue	2,619	2,522	2,746	2,757	2,767	2,895	3,502	4,345	4,175	4,075
Operating Revenue	2,619	2,522	2,746	2,757	2,767	2,895	3,502	4,345	4,175	4,075
Total Cost of Revenue	1,998	1,865	2,064	2,089	2,084	2,130	2,618	3,219	2,939	2,834
Operating Cost of Revenue	1,998	1,865	2,064	2,089	2,084	2,130	2,618	3,219	2,939	2,834
Total Operating Expenses	489	411	415	456	455	540	597	693	944	717
Selling, General & Admin Expense	447	411	415	440	455	523	591	693	768	717
Impairment Charge	42	0.00	0.00	16	0.00	17	6.50	0.00	141	0.00
Restructuring Charge	-	-	-	-	-	-	0.00	0.00	35	0.00
Total Other Income / (Expense), net	-39	-25	-39	-59	-28	-33	-27	-69	-55	-56
Interest Expense	45	44	45	59	40	41	43	48	57	59
Interest & Investment Income	3.30	3.11	8.60	3.83	9.90	4.82	3.11	2.02	6.23	7.18
Other Income / (Expense), net	2.64	16	-2.57	-3.61	2.20	3.07	13	-24	-4.53	-4.36
Income Tax Expense	47	42	106	46	48	50	61	109	90	118
Other Gains / (Losses), net	-0.25	0.00	-	0.00	0.00	-1.00	-0.94	-0.95	-1.42	-0.08
Net Income / (Loss) Attributable to Noncontrolling Interest	5.22	5.16	6.08	5.96	5.70	1.46	2.10	3.39	-5.94	2.37
Basic Earnings per Share	$1.72	$7.68	$5.16	$4.56	$6.76	$6.60	$9.23	$11.77	$6.85	$17.31
Weighted Average Basic Shares Outstanding	23.29M	22.56M	22.50M	22.30M	21.28M	21.22M	-	21.35M	20.22M	20.05M
Diluted Earnings per Share	$1.71	$7.63	$5.11	$4.53	$6.73	$6.57	$9.10	$11.62	$6.78	$17.19
Weighted Average Diluted Shares Outstanding	23.41M	22.71M	22.50M	22.30M	21.28M	21.22M	-	21.35M	20.22M	20.05M
Weighted Average Basic & Diluted Shares Outstanding	23.30M	22.69M	22.50M	22.30M	21.28M	21.22M	-	21.35M	20.22M	20.05M
Cash Dividends to Common per Share	$1.50	$0.00	$1.50	$1.50	$1.50	$1.80	$2.00	$2.20	$2.40	$2.40

This table shows Valmont Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/24/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025
Net Income / (Loss) Attributable to Common Shareholders	72	40	75	89	-49	36	88	100	83	78	87
Consolidated Net Income / (Loss)	73	41	72	89	-50	34	88	101	83	78	87
Net Income / (Loss) Continuing Operations	73	41	72	89	-50	34	88	101	83	78	87
Total Pre-Tax Income	101	69	105	121	-35	45	118	132	112	106	118
Total Operating Income	110	110	118	134	-24	64	132	147	126	120	128
Total Gross Profit	285	299	309	329	315	283	306	320	302	313	291
Total Revenue	1,097	1,132	1,062	1,046	1,050	1,016	978	1,040	1,020	1,037	969
Operating Revenue	1,097	1,132	1,062	1,046	1,050	1,016	978	1,040	1,020	1,037	969
Total Cost of Revenue	812	833	754	717	735	733	672	719	718	724	678
Operating Cost of Revenue	812	833	754	717	735	733	672	719	718	724	678
Total Operating Expenses	176	189	190	196	339	219	175	173	176	193	163
Selling, General & Admin Expense	176	189	190	196	194	188	175	173	176	193	163
Total Other Income / (Expense), net	-9.20	-40	-13	-13	-10	-18	-13	-15	-13	-14	-10
Interest Expense	12	13	13	15	13	15	16	16	14	12	10
Interest & Investment Income	-0.39	5.30	0.83	0.56	3.19	1.65	1.78	1.50	2.08	1.83	3.39
Other Income / (Expense), net	2.82	-32	-1.18	1.55	-0.18	-4.72	1.33	-0.73	-1.15	-3.82	-3.57
Income Tax Expense	28	28	32	32	15	11	30	31	30	27	31
Other Gains / (Losses), net	-0.02	-0.02	-0.82	-0.20	-0.20	-0.20	-0.02	-0.02	-0.02	-0.02	-0.56
Net Income / (Loss) Attributable to Noncontrolling Interest	0.82	0.88	-2.20	-0.58	-1.29	-1.88	0.61	1.43	-0.46	0.78	-0.60
Basic Earnings per Share	$3.38	$1.89	$3.50	$4.25	($2.34)	$1.44	$4.35	$4.94	$4.13	$3.89	$4.35
Weighted Average Basic Shares Outstanding	21.33M	21.35M	21.06M	21.01M	20.89M	20.22M	20.19M	20.17M	20.04M	20.05M	20.07M
Diluted Earnings per Share	$3.34	$1.85	$3.47	$4.21	($2.34)	$1.44	$4.32	$4.91	$4.11	$3.85	$4.32
Weighted Average Diluted Shares Outstanding	21.33M	21.35M	21.06M	21.01M	20.89M	20.22M	20.19M	20.17M	20.04M	20.05M	20.07M
Weighted Average Basic & Diluted Shares Outstanding	21.33M	21.35M	21.06M	21.01M	20.89M	20.22M	20.19M	20.17M	20.04M	20.05M	20.07M

This table details how cash moves in and out of Valmont Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/26/2015	12/31/2016	12/30/2017	12/29/2018	12/25/2021	12/26/2020	12/25/2021	12/31/2022	12/30/2023	12/28/2024
Net Change in Cash & Equivalents	-23	65	79	-180	-223	47	-223	8.17	18	-39
Net Cash From Operating Activities	272	233	133	153	66	316	66	326	307	573
Net Cash From Continuing Operating Activities	272	232	133	153	66	316	66	326	307	573
Net Income / (Loss) Continuing Operations	45	178	122	108	198	142	198	254	145	351
Consolidated Net Income / (Loss)	45	178	122	108	198	142	198	254	145	351
Depreciation Expense	91	82	85	83	93	83	93	97	99	95
Non-Cash Adjustments To Reconcile Net Income	76	13	7.84	1.79	27	49	20	13	72	95
Changes in Operating Assets and Liabilities, net	60	-42	-82	-39	-251	42	-245	-38	-8.44	32
Net Cash From Investing Activities	-48	-53	-50	-155	-417	-104	-417	-132	-115	-79
Net Cash From Continuing Investing Activities	-48	-53	-50	-155	-417	-104	-417	-132	-115	-79
Purchase of Property, Plant & Equipment	-45	-58	-55	-72	-108	-107	-108	-93	-97	-79
Acquisitions	-13	0.00	-5.36	-143	-313	-16	-313	-39	-33	0.00
Sale of Property, Plant & Equipment	3.25	5.13	8.19	63	1.75	11	1.75	1.58	1.71	0.64
Divestitures	-	-	-	-	-	-	0.00	0.00	6.37	3.83
Other Investing Activities, net	6.83	-0.26	-2.30	-1.92	1.24	-3.03	1.24	-1.09	6.09	-3.90
Net Cash From Financing Activities	-220	-95	-32	-162	134	-174	134	-182	-176	-523
Net Cash From Continuing Financing Activities	-220	-95	-32	-162	134	-174	134	-182	-176	-523
Repayment of Debt	-82	-2.21	-1.47	-265	-120	-130	-120	-354	-169	-427
Repurchase of Common Equity	-183	-56	-26	-118	-48	-71	-26	-40	-345	-70
Payment of Dividends	-38	-37	-40	-41	-41	-43	-41	-47	-50	-49
Issuance of Debt	68	0.00	0.00	262	318	110	318	264	401	45
Issuance of Common Equity	13	11	35	7.36	24	19	24	17	5.84	6.63
Other Financing Activities, net	1.70	-11	0.00	-7.98	0.00	-59	-22	-22	-19	-28
Effect of Exchange Rate Changes	-27	-20	-	-15	-5.62	8.68	-	-4.11	2.55	-9.97
Cash Interest Paid	-	-	-	-	-	-	-	47	56	58
Cash Income Taxes Paid	-	-	-	-	-	-	-	93	104	126

This table details how cash moves in and out of Valmont Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/24/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025
Net Change in Cash & Equivalents	12	19	-12	-6.04	5.66	30	-34	-6.05	37	-36	20
Net Cash From Operating Activities	116	143	21	88	81	116	23	131	225	193	65
Net Cash From Continuing Operating Activities	116	143	21	88	81	116	23	131	225	193	65
Net Income / (Loss) Continuing Operations	73	41	72	89	-50	34	88	101	83	78	87
Consolidated Net Income / (Loss)	73	41	72	89	-50	34	88	101	83	78	87
Depreciation Expense	25	24	25	24	25	25	24	23	24	25	22
Non-Cash Adjustments To Reconcile Net Income	-24	75	1.76	-16	188	-102	-8.44	7.04	17	79	11
Changes in Operating Assets and Liabilities, net	42	1.50	-77	-8.55	-81	158	-80	-0.36	102	11	-54
Net Cash From Investing Activities	-19	-26	-22	-12	-55	-26	-19	-18	-19	-24	-30
Net Cash From Continuing Investing Activities	-19	-26	-22	-12	-55	-26	-19	-18	-19	-24	-30
Purchase of Property, Plant & Equipment	-17	-26	-22	-23	-26	-26	-15	-18	-21	-26	-30
Sale of Property, Plant & Equipment	0.03	1.51	1.02	0.24	0.30	0.15	0.14	0.09	0.16	0.26	0.34
Divestitures	-	-	-	-	-	-	-	-	-	3.83	0.00
Other Investing Activities, net	-1.23	-0.98	-0.45	4.17	2.16	0.22	-3.77	0.37	1.75	-2.25	-0.22
Net Cash From Financing Activities	-80	-103	-13	-81	-17	-65	-35	-116	-175	-197	-17
Net Cash From Continuing Financing Activities	-80	-103	-13	-81	-17	-65	-35	-116	-175	-197	-17
Repayment of Debt	-97	-90	-17	-87	-33	-32	-5.33	-107	-140	-175	-64
Payment of Dividends	-12	-12	-12	-13	-13	-13	-13	-12	-12	-12	-12
Issuance of Debt	38	24	136	44	60	161	4.03	17	16	7.61	63
Issuance of Common Equity	2.93	8.07	5.02	0.18	0.15	0.49	1.96	2.37	0.23	2.07	3.11
Other Financing Activities, net	-0.94	-12	-14	-1.39	-0.15	-3.19	-23	-1.05	0.22	-4.58	-6.60
Effect of Exchange Rate Changes	-5.72	5.04	1.14	-0.99	-	-	-	-	-	-	2.14
Cash Interest Paid	-	-	-	-	-	25	-	-	-	22	0.23
Cash Income Taxes Paid	-	-	-	-	-	15	-	-	-	41	11

This table presents Valmont Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/26/2015	12/31/2016	12/30/2017	12/29/2018	12/25/2021	12/25/2021	12/25/2021	12/31/2022	12/30/2023	12/28/2024
Total Assets	2,392	2,392	2,602	2,530	3,447	3,447	3,447	3,557	3,477	3,330
Total Current Assets	1,227	1,253	1,473	1,341	1,713	1,713	1,713	1,781	1,788	1,683
Cash & Equivalents	349	400	493	313	177	177	177	185	203	164
Accounts Receivable	466	439	504	484	572	572	572	604	658	654
Inventories, net	341	350	421	384	729	729	729	729	658	590
Prepaid Expenses	46	57	27	43	84	84	84	88	92	87
Other Current Assets	-	-	16	113	143	143	143	175	176	187
Plant, Property, & Equipment, net	532	518	519	514	599	599	599	596	617	589
Plant, Property & Equipment, gross	1,081	1,106	1,166	1,161	1,422	1,422	1,422	1,433	1,513	1,502
Accumulated Depreciation	549	587	647	647	823	823	823	838	896	913
Total Noncurrent Assets	633	620	611	676	1,136	1,136	1,136	1,181	1,072	1,058
Goodwill	337	321	338	385	709	709	709	740	633	624
Intangible Assets	170	144	139	176	175	175	175	177	151	134
Employee Benefit Assets	-	-	-	-	-	-	0.00	24	15	47
Other Noncurrent Operating Assets	126	155	134	114	252	252	252	240	273	253
Total Liabilities & Shareholders' Equity	2,392	2,392	2,602	2,530	3,447	3,447	3,447	3,557	3,477	3,330
Total Liabilities	1,427	1,409	1,450	1,395	2,034	2,034	2,034	1,915	2,060	1,736
Total Current Liabilities	367	350	403	409	766	766	766	804	723	811
Short-Term Debt	2.05	1.60	1.13	11	18	18	18	7.04	3.92	2.36
Accounts Payable	180	177	228	218	348	348	348	360	358	372
Accrued Expenses	106	90	81	92	109	109	109	124	147	132
Dividends Payable	8.57	8.45	8.51	8.23	11	11	11	12	12	12
Current Deferred & Payable Income Tax Liabilities	-	-	-	-	-	0.00	0.00	3.66	0.00	23
Current Employee Benefit Liabilities	70	72	84	79	145	145	145	124	131	143
Other Current Liabilities	-	-	-	-	136	136	136	-	-	127
Total Noncurrent Liabilities	1,061	1,059	1,047	986	1,268	1,268	1,268	1,111	1,337	925
Long-Term Debt	757	755	754	742	947	947	947	871	1,108	730
Noncurrent Deferred & Payable Income Tax Liabilities	36	36	35	43	48	48	48	41	21	6.34
Noncurrent Employee Benefit Liabilities	228	254	238	190	36	36	35	30	33	33
Other Noncurrent Operating Liabilities	40	15	21	10	237	237	238	169	176	155
Redeemable Noncontrolling Interest	-	-	-	-	-	-	-	61	63	52
Total Equity & Noncontrolling Interests	965	983	1,152	1,136	1,414	1,414	1,414	1,581	1,354	1,542
Total Preferred & Common Equity	918	943	1,113	1,060	1,387	1,387	1,387	1,581	1,354	1,542
Total Common Equity	918	943	1,113	1,060	1,387	1,387	1,387	1,581	1,354	1,542
Common Stock	28	28	28	28	29	29	29	28	28	28
Retained Earnings	1,730	1,875	1,954	2,028	2,394	2,394	2,394	2,593	2,644	2,941
Treasury Stock	-572	-613	-590	-693	-774	-774	-774	-765	-1,044	-1,094
Accumulated Other Comprehensive Income / (Loss)	-267	-346	-279	-303	-263	-263	-263	-275	-273	-333

This table presents Valmont Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/24/2022	4/1/2023	7/1/2023	9/30/2023	3/30/2024	6/29/2024	9/28/2024	3/29/2025
Total Assets	3,622	3,604	3,616	3,486	3,465	3,457	3,497	3,375
Total Current Assets	1,850	1,815	1,802	1,807	1,780	1,784	1,807	1,723
Cash & Equivalents	166	173	167	173	169	163	200	184
Accounts Receivable	614	650	651	674	659	703	714	667
Inventories, net	746	725	730	694	669	633	611	579
Prepaid Expenses	107	107	100	97	91	93	98	94
Other Current Assets	216	160	154	170	191	192	183	198
Plant, Property, & Equipment, net	597	599	603	604	608	604	609	604
Plant, Property & Equipment, gross	1,427	1,448	1,465	1,477	1,517	1,524	1,552	1,535
Accumulated Depreciation	830	850	861	873	909	920	943	931
Total Noncurrent Assets	1,175	1,190	1,211	1,075	1,077	1,069	1,081	1,048
Goodwill	729	742	744	635	630	630	636	628
Intangible Assets	183	172	166	140	146	143	142	133
Employee Benefit Assets	-	42	43	43	33	34	38	50
Other Noncurrent Operating Assets	263	234	258	257	268	262	265	238
Total Liabilities & Shareholders' Equity	3,622	3,604	3,616	3,486	3,465	3,457	3,497	3,375
Total Liabilities	2,049	2,006	1,946	1,927	2,011	1,939	1,909	1,684
Total Current Liabilities	868	781	749	725	675	705	770	761
Short-Term Debt	7.04	13	2.71	4.58	2.65	2.45	1.84	0.72
Accounts Payable	377	369	346	356	327	354	354	349
Accrued Expenses	136	131	131	146	149	140	155	141
Dividends Payable	12	13	13	13	12	12	12	14
Current Deferred & Payable Income Tax Liabilities	11	20	23	2.06	10	20	28	33
Current Employee Benefit Liabilities	126	80	109	115	89	108	119	82
Other Current Liabilities	200	156	124	89	84	69	100	141
Total Noncurrent Liabilities	1,181	1,225	1,196	1,203	1,336	1,234	1,139	923
Long-Term Debt	935	986	953	977	1,108	1,018	898	730
Noncurrent Deferred & Payable Income Tax Liabilities	49	45	38	21	27	19	8.01	6.91
Noncurrent Employee Benefit Liabilities	29	34	35	31	33	33	33	32
Other Noncurrent Operating Liabilities	168	160	170	174	169	166	199	153
Redeemable Noncontrolling Interest	-	-	-	-	45	46	46	57
Total Equity & Noncontrolling Interests	1,573	1,598	1,670	1,559	1,409	1,471	1,542	1,635
Total Preferred & Common Equity	1,513	1,540	1,612	1,502	1,409	1,471	1,542	1,635
Total Common Equity	1,513	1,540	1,612	1,502	1,409	1,471	1,542	1,635
Common Stock	41	28	28	28	34	33	38	28
Retained Earnings	2,570	2,636	2,710	2,657	2,719	2,807	2,878	2,999
Accumulated Other Comprehensive Income / (Loss)	-328	-266	-256	-282	-295	-314	-282	-310
Other Equity Adjustments	-	-	-870	-902	-	-1,055	-1,092	-1,082

This table displays calculated financial ratios and metrics derived from Valmont Industries' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/26/2015	12/31/2016	12/30/2017	12/29/2018	12/28/2019	12/26/2020	12/25/2021	12/31/2022	12/30/2023	12/28/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-16.14%	-3.71%	8.89%	0.41%	0.36%	-17.31%	20.94%	24.09%	-3.93%	-2.39%
EBITDA Growth	-49.10%	52.64%	1.54%	-16.62%	10.74%	-0.15%	25.73%	29.18%	-23.85%	59.59%
EBIT Growth	-62.01%	94.86%	1.05%	-21.15%	10.33%	-0.47%	30.81%	36.66%	-29.89%	81.24%
NOPAT Growth	-72.91%	207.65%	-27.98%	4.24%	16.36%	-3.26%	30.55%	38.70%	-40.62%	117.55%
Net Income Growth	-76.05%	293.51%	-31.43%	-11.93%	41.20%	-28.11%	39.10%	28.59%	-43.00%	141.96%
EPS Growth	-75.88%	346.20%	-33.03%	-11.35%	48.57%	-27.80%	38.51%	27.69%	-41.65%	153.54%
Operating Cash Flow Growth	56.39%	-14.49%	-42.81%	14.92%	-56.91%	379.68%	-79.15%	394.81%	-5.97%	86.68%
Free Cash Flow Firm Growth	10,255.15%	-33.03%	-71.05%	-118.02%	-3,616.85%	136.87%	30.55%	-22.31%	10.75%	195.44%
Invested Capital Growth	-17.13%	-2.62%	5.57%	11.34%	39.69%	0.00%	0.00%	6.04%	-0.34%	-7.03%
Revenue Q/Q Growth	-4.71%	1.64%	1.49%	-0.63%	-0.49%	-17.63%	4.94%	4.03%	-2.70%	0.54%
EBITDA Q/Q Growth	-27.88%	34.83%	-3.72%	-4.63%	5.14%	-17.27%	0.21%	4.89%	-5.20%	10.94%
EBIT Q/Q Growth	-38.07%	50.66%	-4.95%	-6.08%	1.96%	-22.01%	-0.86%	6.25%	-7.08%	13.26%
NOPAT Q/Q Growth	-54.60%	97.40%	-33.28%	38.80%	3.84%	-20.70%	-3.87%	13.30%	-9.14%	11.66%
Net Income Q/Q Growth	-60.96%	128.79%	-37.34%	33.79%	6.01%	-23.38%	-4.18%	5.56%	-4.69%	14.48%
EPS Q/Q Growth	-63.62%	134.05%	-38.95%	41.12%	5.82%	-25.17%	-4.61%	5.54%	-5.70%	16.31%
Operating Cash Flow Q/Q Growth	-0.71%	7.44%	-41.45%	92.79%	-79.66%	-7.36%	-37.25%	73.70%	-7.99%	15.65%
Free Cash Flow Firm Q/Q Growth	11.08%	11.33%	-67.66%	78.31%	-389.57%	-34.48%	168.13%	1,722.09%	5.60%	28.70%
Invested Capital Q/Q Growth	-9.50%	-5.02%	-0.03%	-0.19%	38.56%	42.54%	5.27%	-0.61%	-1.79%	-5.47%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.71%	26.02%	24.83%	24.23%	24.67%	26.44%	25.24%	25.92%	29.61%	30.46%
EBITDA Margin	8.61%	13.65%	12.73%	10.57%	11.66%	10.77%	11.20%	11.66%	9.24%	15.11%
Operating Margin	5.03%	9.73%	9.73%	7.70%	8.24%	7.80%	8.19%	9.97%	6.98%	12.87%
EBIT Margin	5.13%	10.38%	9.63%	7.56%	8.32%	7.91%	8.56%	9.42%	6.88%	12.77%
Profit (Net Income) Margin	1.73%	7.07%	4.45%	3.91%	5.50%	4.91%	5.65%	5.85%	3.47%	8.60%
Tax Burden Percent	48.74%	80.92%	53.54%	70.26%	76.11%	73.74%	76.02%	69.87%	61.29%	74.81%
Interest Burden Percent	69.24%	84.22%	86.37%	73.52%	86.85%	84.17%	86.82%	88.88%	82.38%	90.09%
Effective Tax Rate	50.99%	19.08%	46.46%	29.74%	23.89%	25.74%	23.61%	29.87%	38.11%	25.17%
Return on Invested Capital (ROIC)	4.23%	14.54%	10.32%	9.92%	9.14%	7.58%	9.90%	13.33%	7.70%	17.40%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.36%	9.39%	3.82%	-1.58%	5.71%	4.37%	7.23%	6.73%	3.33%	11.82%
Return on Net Nonoperating Assets (RNNOA)	-0.14%	3.78%	1.14%	-0.50%	2.80%	2.47%	4.09%	3.31%	1.77%	5.89%
Return on Equity (ROE)	4.09%	18.32%	11.46%	9.42%	11.93%	10.06%	13.99%	16.64%	9.48%	23.29%
Cash Return on Invested Capital (CROIC)	22.96%	17.19%	4.91%	-0.81%	-23.98%	7.58%	9.90%	7.47%	8.05%	24.69%
Operating Return on Assets (OROA)	5.25%	10.94%	10.59%	8.13%	7.70%	6.64%	8.69%	11.69%	8.16%	15.28%
Return on Assets (ROA)	1.77%	7.46%	4.90%	4.20%	5.09%	4.12%	5.74%	7.26%	4.12%	10.30%
Return on Common Equity (ROCE)	3.92%	17.51%	11.04%	8.95%	11.45%	9.87%	13.72%	16.17%	9.09%	22.41%
Return on Equity Simple (ROE_SIMPLE)	4.94%	18.91%	10.99%	10.17%	10.97%	10.25%	14.26%	16.08%	10.70%	22.74%
Net Operating Profit after Tax (NOPAT)	65	199	143	149	173	168	219	304	180	393
NOPAT Margin	2.46%	7.87%	5.21%	5.41%	6.27%	5.80%	6.26%	6.99%	4.32%	9.63%
Net Nonoperating Expense Percent (NNEP)	4.59%	5.15%	6.51%	11.50%	3.42%	3.21%	2.67%	6.60%	4.37%	5.58%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	12.36%	7.32%	17.26%
Cost of Revenue to Revenue	76.29%	73.98%	75.17%	75.77%	75.33%	73.56%	74.76%	74.08%	70.39%	69.54%
SG&A Expenses to Revenue	17.08%	16.29%	15.10%	15.97%	16.44%	18.06%	16.87%	15.95%	18.41%	17.59%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.68%	16.29%	15.10%	16.54%	16.44%	18.64%	17.05%	15.95%	22.62%	17.59%
Earnings before Interest and Taxes (EBIT)	134	262	265	209	230	229	300	409	287	520
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	225	344	349	291	323	312	392	507	386	616
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.49	3.11	3.14	2.14	2.22	2.56	3.66	4.38	3.57	3.98
Price to Tangible Book Value (P/TBV)	5.55	6.13	5.50	4.55	6.13	7.05	10.10	10.43	8.47	7.83
Price to Revenue (P/Rev)	0.87	1.16	1.27	0.82	1.11	1.22	1.45	1.59	1.16	1.51
Price to Earnings (P/E)	56.92	16.93	30.11	22.29	21.06	25.20	25.97	27.62	32.05	17.64
Dividend Yield	1.51%	1.15%	0.97%	1.46%	1.05%	1.08%	0.84%	0.68%	1.04%	0.78%
Earnings Yield	1.76%	5.91%	3.32%	4.49%	4.75%	3.97%	3.85%	3.62%	3.12%	5.67%
Enterprise Value to Invested Capital (EV/IC)	1.98	2.47	2.67	1.76	1.76	1.97	2.66	3.27	2.48	3.11
Enterprise Value to Revenue (EV/Rev)	1.05	1.32	1.38	1.01	1.41	1.51	1.68	1.77	1.39	1.66
Enterprise Value to EBITDA (EV/EBITDA)	12.15	9.67	10.88	9.55	12.08	13.98	15.03	15.17	15.05	10.98
Enterprise Value to EBIT (EV/EBIT)	20.40	12.71	14.37	13.35	16.94	19.04	19.68	18.77	20.23	13.00
Enterprise Value to NOPAT (EV/NOPAT)	42.46	16.76	26.58	18.68	22.48	25.99	26.91	25.28	32.18	17.22
Enterprise Value to Operating Cash Flow (EV/OCF)	10.06	14.29	28.55	18.19	59.12	13.79	89.41	23.55	18.93	11.81
Enterprise Value to Free Cash Flow (EV/FCFF)	7.82	14.17	55.93	0.00	0.00	25.99	26.91	45.14	30.80	12.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.79	0.77	0.66	0.66	0.68	0.68	0.68	0.53	0.78	0.46
Long-Term Debt to Equity	0.78	0.77	0.65	0.65	0.67	0.67	0.67	0.53	0.78	0.46
Financial Leverage	0.38	0.40	0.30	0.31	0.49	0.57	0.57	0.49	0.53	0.50
Leverage Ratio	2.31	2.46	2.34	2.24	2.34	2.44	2.44	2.29	2.30	2.26
Compound Leverage Factor	1.60	2.07	2.02	1.65	2.04	2.05	2.12	2.04	1.89	2.04
Debt to Total Capital	44.02%	43.50%	39.60%	39.88%	40.58%	40.58%	40.58%	34.84%	43.96%	31.48%
Short-Term Debt to Total Capital	0.12%	0.09%	0.06%	0.61%	0.77%	0.77%	0.77%	0.28%	0.16%	0.10%
Long-Term Debt to Total Capital	43.90%	43.40%	39.54%	39.27%	39.81%	39.81%	39.81%	34.57%	43.81%	31.38%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.71%	2.25%	2.04%	4.01%	1.12%	1.12%	1.12%	2.42%	2.48%	2.22%
Common Equity to Total Capital	53.27%	54.26%	58.36%	56.11%	58.30%	58.30%	58.30%	62.74%	53.55%	66.30%
Debt to EBITDA	3.37	2.20	2.16	2.59	2.99	3.10	2.46	1.73	2.88	1.19
Net Debt to EBITDA	1.82	1.04	0.75	1.51	2.44	2.53	2.01	1.37	2.36	0.92
Long-Term Debt to EBITDA	3.36	2.19	2.16	2.55	2.94	3.04	2.42	1.72	2.87	1.19
Debt to NOPAT	11.76	3.81	5.28	5.05	5.57	5.75	4.41	2.89	6.16	1.87
Net Debt to NOPAT	6.35	1.80	1.83	2.95	4.54	4.70	3.60	2.28	5.04	1.45
Long-Term Debt to NOPAT	11.73	3.80	5.27	4.98	5.46	5.64	4.32	2.87	6.14	1.86
Altman Z-Score	3.68	4.21	4.38	3.90	3.23	3.41	4.10	5.12	4.31	5.41
Noncontrolling Interest Sharing Ratio	4.30%	4.41%	3.66%	5.02%	4.02%	1.89%	1.89%	2.87%	4.04%	3.80%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.35	3.58	3.65	3.28	2.24	2.24	2.24	2.21	2.47	2.07
Quick Ratio	2.22	2.40	2.47	1.95	0.98	0.98	0.98	0.98	1.19	1.01
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	351	235	68	-12	-455	168	219	170	188	557
Operating Cash Flow to CapEx	644.89%	441.00%	282.81%	1,722.68%	62.18%	330.02%	62.18%	355.77%	322.71%	726.68%
Free Cash Flow to Firm to Interest Expense	7.86	5.29	1.52	-0.21	-11.33	4.09	5.14	3.58	3.32	9.48
Operating Cash Flow to Interest Expense	6.10	5.24	2.98	2.59	1.64	7.70	1.55	6.86	5.40	9.75
Operating Cash Flow Less CapEx to Interest Expense	5.16	4.05	1.93	2.44	-1.00	5.37	-0.94	4.93	3.73	8.41
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.02	1.05	1.10	1.07	0.93	0.84	1.02	1.24	1.19	1.20
Accounts Receivable Turnover	5.22	5.57	5.82	5.58	5.24	5.07	6.13	7.39	6.62	6.21
Inventory Turnover	5.71	5.40	5.35	5.19	3.75	2.92	3.59	4.42	4.24	4.54
Fixed Asset Turnover	4.60	4.80	5.29	5.34	4.97	4.84	5.85	7.28	6.88	6.76
Accounts Payable Turnover	10.61	10.44	10.18	9.37	7.37	6.12	7.53	9.09	8.18	7.76
Days Sales Outstanding (DSO)	69.92	65.55	62.67	65.37	69.62	72.06	59.58	49.38	55.18	58.77
Days Inventory Outstanding (DIO)	63.96	67.57	68.16	70.29	97.40	124.90	101.63	82.64	86.15	80.42
Days Payable Outstanding (DPO)	34.40	34.97	35.84	38.97	49.55	59.61	48.50	40.15	44.63	47.05
Cash Conversion Cycle (CCC)	99.48	98.15	95.00	96.69	117.47	137.35	112.71	91.87	96.70	92.14
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,384	1,347	1,423	1,584	2,212	2,212	2,212	2,346	2,338	2,174
Invested Capital Turnover	1.72	1.85	1.98	1.83	1.46	1.31	1.58	1.91	1.78	1.81
Increase / (Decrease) in Invested Capital	-286	-36	75	161	629	0.00	0.00	134	-8.06	-164
Enterprise Value (EV)	2,740	3,328	3,801	2,784	3,898	4,360	5,896	7,683	5,806	6,761
Market Capitalization	2,284	2,932	3,500	2,268	3,083	3,545	5,081	6,929	4,835	6,142
Book Value per Share	$39.86	$41.91	$49.22	$47.98	$64.43	$65.25	$65.34	$74.10	$64.83	$76.97
Tangible Book Value per Share	$17.85	$21.23	$28.15	$22.57	$23.36	$23.66	$23.70	$31.14	$27.32	$39.14
Total Capital	1,724	1,739	1,907	1,889	2,379	2,379	2,379	2,520	2,529	2,326
Total Debt	759	756	755	753	965	965	965	878	1,112	732
Total Long-Term Debt	757	755	754	742	947	947	947	871	1,108	730
Net Debt	410	356	262	440	788	788	788	693	909	568
Capital Expenditures (CapEx)	42	53	47	8.88	106	96	106	92	95	79
Debt-free, Cash-free Net Working Capital (DFCFNWC)	513	505	578	630	788	788	788	798	865	710
Debt-free Net Working Capital (DFNWC)	862	905	1,071	943	965	965	965	984	1,068	874
Net Working Capital (NWC)	860	903	1,070	932	947	947	947	977	1,065	872
Net Nonoperating Expense (NNE)	19	20	21	41	21	26	21	50	36	42
Net Nonoperating Obligations (NNO)	418	365	271	448	799	799	799	704	921	580
Total Depreciation and Amortization (D&A)	91	82	85	83	93	83	93	97	99	95
Debt-free, Cash-free Net Working Capital to Revenue	19.60%	20.03%	21.05%	22.84%	28.48%	27.22%	22.50%	18.37%	20.73%	17.42%
Debt-free Net Working Capital to Revenue	32.93%	35.89%	38.99%	34.20%	34.88%	33.34%	27.57%	22.64%	25.59%	21.46%
Net Working Capital to Revenue	32.85%	35.82%	38.95%	33.79%	34.22%	32.70%	27.04%	22.47%	25.50%	21.40%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.72	$7.68	$5.16	$4.23	$0.00	$0.00	$0.00	$11.77	$6.85	$17.31
Adjusted Weighted Average Basic Shares Outstanding	23.29M	22.56M	22.52M	22.31M	0.00	0.00	0.00	21.35M	20.22M	20.05M
Adjusted Diluted Earnings per Share	$1.71	$7.63	$5.11	$4.20	$0.00	$0.00	$0.00	$11.62	$6.78	$17.19
Adjusted Weighted Average Diluted Shares Outstanding	23.41M	22.71M	22.74M	22.45M	0.00	0.00	0.00	21.35M	20.22M	20.05M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$4.23	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	22.79M	22.52M	22.69M	21.94M	0.00	0.00	0.00	21.35M	20.22M	20.05M
Normalized Net Operating Profit after Tax (NOPAT)	122	199	143	160	173	180	224	304	289	393
Normalized NOPAT Margin	4.64%	7.87%	5.21%	5.81%	6.27%	6.22%	6.40%	6.99%	6.93%	9.63%
Pre Tax Income Margin	3.55%	8.74%	8.32%	5.56%	7.22%	6.66%	7.43%	8.37%	5.66%	11.50%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.01	5.89	5.92	3.53	5.73	5.58	7.03	8.61	5.05	8.86
NOPAT to Interest Expense	1.45	4.47	3.20	2.52	4.32	4.09	5.14	6.39	3.18	6.68
EBIT Less CapEx to Interest Expense	2.06	4.71	4.87	3.38	3.09	3.24	4.54	6.68	3.38	7.52
NOPAT Less CapEx to Interest Expense	0.50	3.28	2.15	2.37	1.68	1.75	2.65	4.46	1.50	5.34
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	83.80%	20.74%	32.32%	37.86%	27.23%	29.95%	20.94%	18.30%	34.63%	13.98%
Augmented Payout Ratio	487.12%	52.19%	53.71%	147.76%	58.55%	79.88%	34.14%	34.22%	272.89%	33.97%

This table displays calculated financial ratios and metrics derived from Valmont Industries' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/24/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	26.31%	17.47%	8.33%	-7.86%	-4.29%	-10.25%	-7.97%	-0.63%	-2.87%	2.14%	-0.87%
EBITDA Growth	34.18%	30.27%	15.91%	10.07%	-99.65%	-17.50%	10.27%	6.30%	31,053.67%	68.09%	-6.49%
EBIT Growth	43.07%	45.22%	19.09%	12.00%	-121.60%	-23.93%	13.30%	8.35%	611.26%	97.47%	-6.12%
NOPAT Growth	36.41%	98.48%	18.84%	14.44%	-121.27%	-26.01%	19.02%	14.51%	646.10%	84.71%	-3.48%
Net Income Growth	39.57%	48.16%	15.00%	15.01%	-168.99%	-17.29%	22.23%	13.91%	264.19%	130.12%	-2.00%
EPS Growth	39.17%	49.19%	19.66%	19.26%	-170.06%	-22.16%	24.50%	16.63%	275.64%	167.36%	0.00%
Operating Cash Flow Growth	1,484.72%	3,368.95%	684.28%	35.26%	-29.72%	-18.68%	10.06%	48.07%	176.83%	66.87%	179.14%
Free Cash Flow Firm Growth	63.50%	-308.42%	-197.60%	113.54%	79.34%	182.24%	105.40%	388.41%	568.95%	350.21%	97.08%
Invested Capital Growth	12.32%	6.04%	0.00%	2.40%	0.85%	-0.34%	-1.18%	-3.43%	-3.41%	-7.03%	-6.46%
Revenue Q/Q Growth	-3.36%	3.11%	-6.10%	-1.52%	0.38%	-3.31%	-3.71%	6.33%	-1.88%	1.68%	-6.55%
EBITDA Q/Q Growth	-5.06%	-26.08%	34.99%	12.46%	-99.70%	17,488.89%	95.54%	8.41%	-12.37%	-5.10%	3.71%
EBIT Q/Q Growth	-6.62%	-31.44%	45.31%	15.35%	-118.01%	341.41%	141.95%	10.31%	-15.01%	-6.76%	7.38%
NOPAT Q/Q Growth	-7.43%	-18.11%	26.61%	19.23%	-117.21%	384.87%	103.67%	14.71%	-17.95%	-3.65%	6.43%
Net Income Q/Q Growth	-5.54%	-43.50%	75.56%	22.74%	-156.66%	167.74%	159.44%	14.39%	-18.33%	-5.05%	10.49%
EPS Q/Q Growth	-5.38%	-44.61%	87.57%	21.33%	-155.58%	161.54%	200.00%	13.66%	-16.29%	-6.33%	12.21%
Operating Cash Flow Q/Q Growth	77.15%	23.19%	-85.13%	316.75%	-7.95%	42.53%	-79.87%	460.65%	72.10%	-14.08%	-66.33%
Free Cash Flow Firm Q/Q Growth	39.99%	61.80%	-3,338.47%	101.72%	-191.58%	252.07%	125.75%	55.35%	-12.07%	45.99%	-1.18%
Invested Capital Q/Q Growth	-2.20%	-0.61%	3.85%	1.44%	-3.68%	-1.79%	2.97%	-0.86%	-3.66%	-5.47%	3.60%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	26.01%	26.42%	29.04%	31.48%	30.00%	27.86%	31.32%	30.80%	29.57%	30.18%	30.03%
EBITDA Margin	12.54%	8.99%	13.35%	15.25%	0.05%	8.26%	16.00%	16.31%	14.57%	13.60%	15.09%
Operating Margin	10.02%	9.70%	11.15%	12.78%	-2.30%	6.26%	13.45%	14.17%	12.32%	11.57%	13.24%
EBIT Margin	10.28%	6.83%	11.04%	12.93%	-2.32%	5.79%	13.59%	14.10%	12.21%	11.20%	12.87%
Profit (Net Income) Margin	6.65%	3.64%	6.81%	8.49%	-4.79%	3.36%	9.04%	9.73%	8.10%	7.56%	8.94%
Tax Burden Percent	72.37%	59.39%	68.89%	73.43%	145.19%	75.46%	74.66%	76.49%	73.53%	74.24%	73.43%
Interest Burden Percent	89.34%	89.72%	89.53%	89.39%	142.21%	76.78%	89.13%	90.21%	90.18%	90.95%	94.61%
Effective Tax Rate	27.61%	40.58%	30.32%	26.41%	0.00%	24.09%	25.32%	23.49%	26.46%	25.74%	26.10%
Return on Invested Capital (ROIC)	13.58%	10.98%	28.23%	16.71%	-2.92%	8.47%	16.97%	18.22%	15.70%	15.52%	17.08%
ROIC Less NNEP Spread (ROIC-NNEP)	12.72%	7.79%	25.80%	15.55%	-7.07%	6.73%	15.87%	16.84%	14.41%	14.10%	16.00%
Return on Net Nonoperating Assets (RNNOA)	6.73%	3.83%	13.52%	8.01%	-3.63%	3.57%	9.31%	8.82%	7.02%	7.03%	7.69%
Return on Equity (ROE)	20.31%	14.82%	41.76%	24.72%	-6.55%	12.04%	26.28%	27.04%	22.73%	22.54%	24.77%
Cash Return on Invested Capital (CROIC)	0.42%	7.47%	-174.01%	11.10%	7.53%	8.05%	9.33%	12.21%	18.49%	24.69%	23.38%
Operating Return on Assets (OROA)	12.21%	8.48%	13.56%	15.39%	-2.80%	6.88%	15.72%	16.28%	14.18%	13.41%	15.30%
Return on Assets (ROA)	7.89%	4.52%	8.36%	10.10%	-5.78%	3.98%	10.46%	11.23%	9.40%	9.05%	10.63%
Return on Common Equity (ROCE)	19.71%	14.39%	40.23%	23.78%	-6.31%	11.55%	25.39%	26.16%	21.98%	21.69%	23.97%
Return on Equity Simple (ROE_SIMPLE)	15.92%	0.00%	17.12%	17.07%	10.12%	0.00%	11.42%	11.78%	19.87%	0.00%	21.34%
Net Operating Profit after Tax (NOPAT)	80	65	83	98	-17	48	98	113	92	89	95
NOPAT Margin	7.25%	5.76%	7.77%	9.41%	-1.61%	4.75%	10.05%	10.84%	9.06%	8.59%	9.78%
Net Nonoperating Expense Percent (NNEP)	0.86%	3.19%	2.43%	1.16%	4.15%	1.74%	1.10%	1.38%	1.29%	1.42%	1.08%
Return On Investment Capital (ROIC_SIMPLE)	-	2.65%	-	-	-	1.96%	-	-	-	3.92%	4.01%
Cost of Revenue to Revenue	73.99%	73.58%	70.96%	68.52%	70.00%	72.14%	68.68%	69.20%	70.43%	69.82%	69.97%
SG&A Expenses to Revenue	15.99%	16.72%	17.89%	18.70%	18.50%	18.55%	17.86%	16.64%	17.25%	18.61%	16.79%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.99%	16.72%	17.89%	18.70%	32.31%	21.60%	17.86%	16.64%	17.25%	18.61%	16.79%
Earnings before Interest and Taxes (EBIT)	113	77	117	135	-24	59	133	147	125	116	125
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	138	102	142	160	0.48	84	156	170	149	141	146
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.57	4.38	4.37	3.76	3.33	3.57	3.38	3.77	3.78	3.98	3.55
Price to Tangible Book Value (P/TBV)	8.97	10.43	10.76	8.64	6.88	8.47	7.51	7.93	7.64	7.83	6.64
Price to Revenue (P/Rev)	1.29	1.59	1.52	1.40	1.17	1.16	1.16	1.36	1.44	1.51	1.43
Price to Earnings (P/E)	22.73	27.62	25.60	21.96	32.21	32.05	28.99	31.76	19.01	17.64	16.69
Dividend Yield	0.85%	0.68%	0.71%	0.80%	0.99%	1.04%	1.05%	0.87%	0.83%	0.78%	0.86%
Earnings Yield	4.40%	3.62%	3.91%	4.55%	3.10%	3.12%	3.45%	3.15%	5.26%	5.67%	5.99%
Enterprise Value to Invested Capital (EV/IC)	2.64	3.27	3.13	2.80	2.46	2.48	2.39	2.70	2.86	3.11	2.85
Enterprise Value to Revenue (EV/Rev)	1.49	1.77	1.72	1.59	1.37	1.39	1.40	1.58	1.62	1.66	1.58
Enterprise Value to EBITDA (EV/EBITDA)	12.90	15.17	14.39	12.71	14.42	15.05	14.48	15.84	11.85	10.98	10.58
Enterprise Value to EBIT (EV/EBIT)	16.17	18.77	17.65	15.50	18.99	20.23	19.21	20.77	14.31	13.00	12.51
Enterprise Value to NOPAT (EV/NOPAT)	23.24	25.28	24.06	21.00	29.54	32.18	29.16	30.44	18.70	17.22	16.47
Enterprise Value to Operating Cash Flow (EV/OCF)	33.18	23.55	22.10	18.80	17.59	18.93	18.60	18.34	13.28	11.81	10.43
Enterprise Value to Free Cash Flow (EV/FCFF)	667.12	45.14	0.00	25.49	32.86	30.80	25.43	21.74	15.20	12.14	11.76
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.60	0.53	0.62	0.57	0.63	0.78	0.76	0.67	0.57	0.46	0.43
Long-Term Debt to Equity	0.59	0.53	0.62	0.57	0.63	0.78	0.76	0.67	0.57	0.46	0.43
Financial Leverage	0.53	0.49	0.52	0.52	0.51	0.53	0.59	0.52	0.49	0.50	0.48
Leverage Ratio	2.41	2.29	2.26	2.26	2.27	2.30	2.32	2.22	2.22	2.26	2.17
Compound Leverage Factor	2.15	2.06	2.02	2.02	3.23	1.77	2.06	2.00	2.00	2.06	2.06
Debt to Total Capital	37.46%	34.84%	38.44%	36.39%	38.65%	43.96%	43.29%	40.19%	36.18%	31.48%	30.16%
Short-Term Debt to Total Capital	0.28%	0.28%	0.49%	0.10%	0.18%	0.16%	0.10%	0.10%	0.07%	0.10%	0.03%
Long-Term Debt to Total Capital	37.18%	34.57%	37.96%	36.28%	38.47%	43.81%	43.19%	40.10%	36.10%	31.38%	30.13%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.39%	2.42%	2.25%	2.21%	2.24%	2.48%	1.75%	1.82%	1.85%	2.22%	2.35%
Common Equity to Total Capital	60.15%	62.74%	59.31%	61.40%	59.11%	53.55%	54.95%	57.98%	61.97%	66.30%	67.49%
Debt to EBITDA	1.95	1.73	1.89	1.76	2.41	2.88	2.80	2.51	1.62	1.19	1.21
Net Debt to EBITDA	1.61	1.37	1.56	1.45	1.99	2.36	2.37	2.11	1.26	0.92	0.90
Long-Term Debt to EBITDA	1.94	1.72	1.86	1.75	2.40	2.87	2.79	2.50	1.62	1.19	1.21
Debt to NOPAT	3.51	2.89	3.15	2.90	4.94	6.16	5.64	4.82	2.56	1.87	1.88
Net Debt to NOPAT	2.89	2.28	2.61	2.40	4.08	5.04	4.78	4.05	1.99	1.45	1.40
Long-Term Debt to NOPAT	3.49	2.87	3.11	2.89	4.92	6.14	5.62	4.81	2.56	1.86	1.88
Altman Z-Score	4.15	4.81	4.72	4.59	4.20	4.10	4.21	4.55	4.62	5.01	4.98
Noncontrolling Interest Sharing Ratio	2.97%	2.87%	3.65%	3.81%	3.74%	4.04%	3.38%	3.27%	3.28%	3.80%	3.24%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.13	2.21	2.32	2.41	2.49	2.47	2.64	2.53	2.35	2.07	2.26
Quick Ratio	0.90	0.98	1.05	1.09	1.17	1.19	1.23	1.23	1.19	1.01	1.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-179	-68	-2,354	40	-37	56	127	197	174	253	250
Operating Cash Flow to CapEx	664.22%	578.13%	99.34%	387.62%	318.46%	456.45%	156.91%	717.48%	1,106.35%	762.73%	217.27%
Free Cash Flow to Firm to Interest Expense	-15.41	-5.16	-179.61	2.71	-2.75	3.68	7.83	12.46	12.13	20.54	24.76
Operating Cash Flow to Interest Expense	9.95	10.75	1.62	5.92	6.04	7.57	1.44	8.26	15.73	15.67	6.44
Operating Cash Flow Less CapEx to Interest Expense	8.45	8.89	-0.01	4.39	4.14	5.91	0.52	7.10	14.31	13.62	3.48
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.19	1.24	1.23	1.19	1.21	1.19	1.16	1.15	1.16	1.20	1.19
Accounts Receivable Turnover	7.25	7.39	6.81	6.78	6.66	6.62	6.25	6.03	5.84	6.21	6.13
Inventory Turnover	4.46	4.42	4.47	4.11	4.22	4.24	4.10	4.20	4.36	4.54	4.55
Fixed Asset Turnover	6.88	7.28	7.39	7.17	7.15	6.88	6.78	6.76	6.68	6.76	6.71
Accounts Payable Turnover	8.75	9.09	8.79	8.48	8.30	8.18	8.21	8.17	8.01	7.76	8.40
Days Sales Outstanding (DSO)	50.34	49.38	53.60	53.81	54.80	55.18	58.41	60.53	62.50	58.77	59.52
Days Inventory Outstanding (DIO)	81.82	82.64	81.68	88.83	86.48	86.15	89.08	87.01	83.80	80.42	80.19
Days Payable Outstanding (DPO)	41.74	40.15	41.51	43.03	43.99	44.63	44.47	44.67	45.58	47.05	43.46
Cash Conversion Cycle (CCC)	90.42	91.87	93.77	99.61	97.29	96.70	103.02	102.87	100.72	92.14	96.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,360	2,346	2,436	2,471	2,381	2,338	2,407	2,387	2,299	2,174	2,252
Invested Capital Turnover	1.87	1.91	3.63	1.78	1.81	1.78	1.69	1.68	1.73	1.81	1.75
Increase / (Decrease) in Invested Capital	259	134	2,436	58	20	-8.06	-29	-85	-81	-164	-156
Enterprise Value (EV)	6,231	7,683	7,619	6,914	5,866	5,806	5,745	6,445	6,575	6,761	6,408
Market Capitalization	5,395	6,929	6,736	6,068	4,999	4,835	4,758	5,542	5,829	6,142	5,804
Book Value per Share	$70.85	$74.10	$72.14	$76.57	$71.47	$64.83	$69.80	$72.88	$76.45	$76.97	$81.56
Tangible Book Value per Share	$28.17	$31.14	$29.32	$33.35	$34.57	$27.32	$31.38	$34.60	$37.86	$39.14	$43.61
Total Capital	2,515	2,520	2,597	2,626	2,541	2,529	2,565	2,538	2,488	2,326	2,423
Total Debt	942	878	998	955	982	1,112	1,110	1,020	900	732	731
Total Long-Term Debt	935	871	986	953	977	1,108	1,108	1,018	898	730	730
Net Debt	776	693	825	789	809	909	941	857	700	568	546
Capital Expenditures (CapEx)	17	25	21	23	26	25	15	18	20	25	30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	823	798	874	889	915	865	938	918	838	710	778
Debt-free Net Working Capital (DFNWC)	989	984	1,047	1,056	1,087	1,068	1,107	1,081	1,039	874	963
Net Working Capital (NWC)	982	977	1,034	1,053	1,083	1,065	1,105	1,079	1,037	872	962
Net Nonoperating Expense (NNE)	6.68	24	10	9.62	33	14	9.82	12	9.86	11	8.17
Net Nonoperating Obligations (NNO)	788	704	838	801	822	921	953	869	712	580	560
Total Depreciation and Amortization (D&A)	25	24	25	24	25	25	24	23	24	25	22
Debt-free, Cash-free Net Working Capital to Revenue	19.70%	18.37%	19.74%	20.49%	21.32%	20.73%	22.94%	22.49%	20.69%	17.42%	19.14%
Debt-free Net Working Capital to Revenue	23.68%	22.64%	23.65%	24.34%	25.34%	25.59%	27.08%	26.48%	25.63%	21.46%	23.67%
Net Working Capital to Revenue	23.51%	22.47%	23.36%	24.28%	25.24%	25.50%	27.01%	26.42%	25.59%	21.40%	23.66%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.38	$1.89	$3.50	$4.25	($2.34)	$1.44	$4.35	$4.94	$4.13	$3.89	$4.35
Adjusted Weighted Average Basic Shares Outstanding	21.33M	21.35M	21.06M	21.01M	20.89M	20.22M	20.19M	20.17M	20.04M	20.05M	20.07M
Adjusted Diluted Earnings per Share	$3.34	$1.85	$3.47	$4.21	($2.34)	$1.44	$4.32	$4.91	$4.11	$3.85	$4.32
Adjusted Weighted Average Diluted Shares Outstanding	21.33M	21.35M	21.06M	21.01M	20.89M	20.22M	20.19M	20.17M	20.04M	20.05M	20.07M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	21.33M	21.35M	21.06M	21.01M	20.89M	20.22M	20.19M	20.17M	20.04M	20.05M	20.07M
Normalized Net Operating Profit after Tax (NOPAT)	80	65	83	98	85	72	98	113	92	89	95
Normalized NOPAT Margin	7.25%	5.76%	7.77%	9.41%	8.05%	7.07%	10.05%	10.84%	9.06%	8.59%	9.78%
Pre Tax Income Margin	9.18%	6.13%	9.88%	11.56%	-3.30%	4.45%	12.11%	12.72%	11.01%	10.19%	12.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	9.70	5.83	8.95	9.07	-1.81	3.84	8.19	9.25	8.70	9.41	12.33
NOPAT to Interest Expense	6.85	4.92	6.30	6.60	-1.26	3.15	6.06	7.11	6.46	7.22	9.38
EBIT Less CapEx to Interest Expense	8.20	3.97	7.32	7.54	-3.70	2.18	7.28	8.10	7.28	7.36	9.37
NOPAT Less CapEx to Interest Expense	5.35	3.06	4.67	5.07	-3.15	1.49	5.14	5.96	5.04	5.16	6.41
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.56%	18.30%	18.32%	17.88%	32.95%	34.63%	31.41%	28.87%	16.17%	13.98%	13.90%
Augmented Payout Ratio	20.86%	34.22%	74.85%	78.12%	155.71%	272.89%	176.86%	158.73%	92.47%	33.97%	13.90%

Frequently Asked Questions About Valmont Industries' Financials

When does Valmont Industries's fiscal year end?

According to the most recent income statement we have on file, Valmont Industries' financial year ends in December. Their financial year 2024 ended on December 28, 2024.

How has Valmont Industries' net income changed over the last 9 years?

Valmont Industries' net income appears to be on an upward trend, with a most recent value of $350.62 million in 2024, rising from $45.33 million in 2015. The previous period was $144.91 million in 2023. See Valmont Industries' forecast for analyst expectations on what’s next for the company.

What is Valmont Industries's operating income?

Valmont Industries's total operating income in 2024 was $524.58 million, based on the following breakdown:

Total Gross Profit: $1.24 billion
Total Operating Expenses: $716.63 million

How has Valmont Industries revenue changed over the last 9 years?

Over the last 9 years, Valmont Industries' total revenue changed from $2.62 billion in 2015 to $4.08 billion in 2024, a change of 55.6%.

How much debt does Valmont Industries have?

Valmont Industries' total liabilities were at $1.74 billion at the end of 2024, a 15.7% decrease from 2023, and a 21.7% increase since 2015.

How much cash does Valmont Industries have?

In the past 9 years, Valmont Industries' cash and equivalents has ranged from $164.32 million in 2024 to $492.81 million in 2017, and is currently $164.32 million as of their latest financial filing in 2024.

How has Valmont Industries' book value per share changed over the last 9 years?

Over the last 9 years, Valmont Industries' book value per share changed from 39.86 in 2015 to 76.97 in 2024, a change of 93.1%.

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This page (NYSE:VMI) was last updated on 5/2/2025 by MarketBeat.com Staff

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Valmont Industries (VMI) Financials

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Valmont Industries (VMI) Financials

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