Valmont Industries, Inc. (VMI)

NYSE: VMI · Fabricated Structural Metal Products · Omaha, NE · filing with the SEC since 1994

Grade5.8

◀ Past 6.7● Present 6.0▶ Future 4.5

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2019	FY 2019	FY 2019	FY 2018	FY 2017
Period ending	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 24, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019	Dec 29, 2018	Dec 30, 2017
Report filed	Feb 24, 2026	Feb 25, 2025	Feb 28, 2024	Mar 1, 2023	·	Feb 23, 2022	Feb 24, 2021	Feb 26, 2020	Feb 27, 2019	Feb 28, 2018
Revenue	4,104,102	4,075,034	4,174,598	4,345,250	4,345,250	3,501,575	2,895,355	2,766,976	2,757,144	2,745,967
Cost of revenue	2,864,166	2,833,822	2,938,564	3,219,026	·	2,617,686	2,129,841	2,084,295^r	2,088,972^r	2,064,199
Gross profit	1,239,936	1,241,212	1,236,034	1,126,224	·	883,889	765,514	682,681^r	668,172^r	681,768
Research and development	33,000	59,000	55,000	46,000	·	37,000	21,400	13,900	11,500	11,600
Selling, general and administrative	717,633	716,628	768,423	692,975	·	590,608	522,923	454,776	440,220	414,688^r
Operating income	415,576	524,584	291,557	433,249	433,249	286,785	225,953	227,905^r	212,172^r	267,080^r
Interest expense	40,542	58,722	56,808	47,534	·	42,612	41,075	40,153	44,237	44,645
Interest and investment income	8,189	7,183	6,230	2,015	·	1,192	2,374	3,942	4,668	4,737
Interest income (expense), net	·	-51,539	-50,578	-45,519	·	-41,420	-38,701	-36,211	-39,569	-39,908
Share of profit of equity-method investments	-90	-79	-1,419	-950	·	-944	·	0	0	0
Other income (expense), net	-9,168	-3,524	-11,085	12,805	·	12,798	3,073	2,204	2,473^r	-2,571^r
Total non-operating income (expense)	-37,934	-55,903	-55,105	-69,361	·	-26,702	-33,185	-28,047	-58,839	-38,616^r
Income before income taxes	377,642	468,681	236,452	363,888	·	260,083	192,768	199,858^r	153,333^r	228,464
Income tax expense	23,864	117,978	90,121	108,687	·	61,414	49,615	47,753^r	45,608^r	106,145
Net income including non-controlling interests	353,688	350,624	144,912	254,251	·	197,725	142,149	152,105^r	107,725^r	122,319
Net income to non-controlling interests	·	·	·	3,388	·	2,095	1,456	5,697	5,955	6,079
Net income	350,273	348,259	150,849	250,863	·	195,630	·	·	·	·
Net income to common shareholders	334,784	348,259	143,475	250,863	·	195,630	140,693	146,408^r	101,770^r	116,240
Earnings per share, basic	16.91	17.31	6.85	11.77	·	9.23	6.60	6.76^r	4.56^r	5.16
Earnings per share, diluted	16.79	17.19	6.78	11.62	·	9.10	6.57	6.73^r	4.53^r	5.11
Weighted average shares, basic	19,795	20,122	20,956	21,311	·	21,193	21,315	21,659	22,306	22,520
Weighted average shares, diluted	19,937	20,261	21,159	21,580	·	21,493	21,425	21,769	22,446	22,738

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton VMI · research, not advice