Valmont Industries (VMI) Financials

$312.53 -0.98 (-0.31%)

Closing price 05/22/2025 03:59 PM Eastern

Extended Trading

$312.62 +0.09 (+0.03%)

As of 07:58 AM 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	12/25/2021	12/26/2020	12/28/2019	12/29/2018	12/30/2017	12/31/2016	12/26/2015
Net Income / (Loss) Attributable to Common Shareholders	348	151	251	196	141	146	102	116	173	40
Consolidated Net Income / (Loss)	351	145	254	198	142	152	108	122	178	45
Net Income / (Loss) Continuing Operations	351	145	254	198	142	152	108	122	178	45
Total Pre-Tax Income	469	236	364	260	193	200	153	228	220	93
Total Operating Income	525	292	433	287	226	228	212	267	245	132
Total Gross Profit	1,241	1,236	1,126	884	766	683	668	682	656	621
Total Revenue	4,075	4,175	4,345	3,502	2,895	2,767	2,757	2,746	2,522	2,619
Operating Revenue	4,075	4,175	4,345	3,502	2,895	2,767	2,757	2,746	2,522	2,619
Total Cost of Revenue	2,834	2,939	3,219	2,618	2,130	2,084	2,089	2,064	1,865	1,998
Operating Cost of Revenue	2,834	2,939	3,219	2,618	2,130	2,084	2,089	2,064	1,865	1,998
Total Operating Expenses	717	944	693	597	540	455	456	415	411	489
Selling, General & Admin Expense	717	768	693	591	523	455	440	415	411	447
Impairment Charge	0.00	141	0.00	6.50	17	0.00	16	0.00	0.00	42
Restructuring Charge	0.00	35	0.00	0.00	-	-	-	-	-	-
Total Other Income / (Expense), net	-56	-55	-69	-27	-33	-28	-59	-39	-25	-39
Interest Expense	59	57	48	43	41	40	59	45	44	45
Interest & Investment Income	7.18	6.23	2.02	3.11	4.82	9.90	3.83	8.60	3.11	3.30
Other Income / (Expense), net	-4.36	-4.53	-24	13	3.07	2.20	-3.61	-2.57	16	2.64
Income Tax Expense	118	90	109	61	50	48	46	106	42	47
Other Gains / (Losses), net	-0.08	-1.42	-0.95	-0.94	-1.00	0.00	0.00	-	0.00	-0.25
Net Income / (Loss) Attributable to Noncontrolling Interest	2.37	-5.94	3.39	2.10	1.46	5.70	5.96	6.08	5.16	5.22
Basic Earnings per Share	$17.31	$6.85	$11.77	$9.23	$6.60	$6.76	$4.56	$5.16	$7.68	$1.72
Weighted Average Basic Shares Outstanding	20.05M	20.22M	21.35M	-	21.22M	21.28M	22.30M	22.50M	22.56M	23.29M
Diluted Earnings per Share	$17.19	$6.78	$11.62	$9.10	$6.57	$6.73	$4.53	$5.11	$7.63	$1.71
Weighted Average Diluted Shares Outstanding	20.05M	20.22M	21.35M	-	21.22M	21.28M	22.30M	22.50M	22.71M	23.41M
Weighted Average Basic & Diluted Shares Outstanding	20.05M	20.22M	21.35M	-	21.22M	21.28M	22.30M	22.50M	22.69M	23.30M
Cash Dividends to Common per Share	$2.40	$2.40	$2.20	$2.00	$1.80	$1.50	$1.50	$1.50	$0.00	$1.50

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

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

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

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

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

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

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

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

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

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

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 5/23/2025 by MarketBeat.com Staff

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Valmont Industries (VMI) Financials

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Valmont Industries (VMI) Financials

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