Valmont Industries Inc

Common Name

Valmont Industries

Country

United States

Sector

Industrials

Industry

Conglomerates

Employees

10,986

Ticker

VMI

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.valmont.com

Description

Valmont Industries, Inc. is a globally diversified company that focuses primarily on designing and manufacturing a range of products for infrastructure and agriculture. Its core divisions include Util... Show more

Financial Statements of Valmont Industries

Below are the financial statements of Valmont Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Product sales	3,660.78^a	3,772.84^a	3,955.32^a
Service sales	414.26^a	401.76^a	389.93^a
Net sales	4,075.03^a	4,174.6^a	4,345.25^a
Product cost of sales	-2,580.08^a	-2,672.74^a	-2,958.21^a
Service cost of sales	-253.74^a	-265.82^a	-260.82^a
Total cost of sales	-2,833.82^a	-2,938.56^a	-3,219.03^a
Gross profit	1,241.21^a	1,236.03^a	1,126.22^a
Selling, general, and administrative expenses	-716.63^a	-768.42^a	-692.98^a
Impairment of goodwill and other intangible assets	0^a	-140.84^a	0^a
Realignment charges	0^a	-35.21^a	0^a
Operating income	524.58^a	291.56^a	433.25^a
Other income (expenses)	—	—	—
Interest expense	-58.72^a	-56.81^a	-47.53^a
Interest income	7.18^a	6.23^a	2.02^a
Gain (loss) on deferred compensation investments	3.63^a	3.56^a	-3.37^a
Gain (loss) on divestitures	-4.47^a	2.99^a	-33.27^a
Other	-3.52^a	-11.09^a	12.81^a
Total other income (expenses)	-55.9^a	-55.11^a	-69.36^a
Earnings before income taxes and equity in loss of nonconsolidated subsidiaries	468.68^a	236.45^a	363.89^a
Income tax expense (benefit)	—	—	—
Current	-142.63^a	-108.77^a	-109.91^a
Deferred	-24.66^a	-18.65^a	-1.23^a
Total income tax expense	-117.98^a	-90.12^a	-108.69^a
Earnings before equity in loss of nonconsolidated subsidiaries	350.7^a	146.33^a	255.2^a
Equity in loss of nonconsolidated subsidiaries	-0.08^a	-1.42^a	-0.95^a
Net earnings	350.62^a	144.91^a	254.25^a
Loss (earnings) attributable to redeemable noncontrolling interests	-2.37^a	5.94^a	-3.39^a
Net earnings attributable to Valmont Industries, Inc.	348.26^a	150.85^a	250.86^a

Verified Sources Behind Valmont Industries’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Valmont Industries’s data sources below and access millions more through our Disclosure Search.

a. Valmont Industries's Annual Report 2024

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Valmont Industries Inc

Financial Statements of Valmont Industries

Verified Sources Behind Valmont Industries’s Financial Fundamentals Data

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