VMI

VALMONT INDUSTRIES INC

Ticker: VMIIndustrialsFabricated Metal
HQ OMAHA, NECIK 102729FY end 12-26Book / share $88.23Shares 20M
Revenue (FY)
$4.10B+0.71%
TTM $4.23B
Op. margin
10.13%-2.75%
TTM 13.70%
Net income
$353.69M+0.87%
TTM $498.56M
Operating cash
$456.48M-20.29%
TTM $475.33M
Free cash flow
$311.45M-36.85%
TTM $322.09M
Return on equity
26.53%+3.95%
TTM 28.67%
Debt / equity
0.49+0.01%
TTM 0.42
Shares outstanding
19.9M-1.60%
TTM 19.6M

The business

Valmont Industries, Inc. (NYSE: VMI) is a diversified manufacturer of products and services serving infrastructure and agriculture markets globally. Founded in 1946 and headquartered in Omaha, Nebraska, the company operates over 80 manufacturing facilities across six continents and employs approximately 10,791 people, with roughly 6,294 in the United States and 4,497 internationally. The company maintains a significant international presence, generating approximately 28 percent of fiscal 2025 net sales outside the U.S.

Valmont operates through two primary reportable segments. The Infrastructure segment designs, engineers, and manufactures structures and solutions for utility, lighting, transportation, telecommunications, and solar applications, along with coatings services. This segment serves electrical transmission, substations, distribution systems, roadway lighting, traffic structures, wireless communication infrastructure, and solar tracking systems. The Agriculture segment manufactures center pivot and linear irrigation equipment under the Valley brand, produces tubular products, and offers advanced technology solutions for precision agriculture, including remote monitoring and control systems through AgSense.

The company's core competitive advantages include extensive engineering expertise, a broad manufacturing footprint enabling regional competitiveness, established relationships with major customers and dealers, and proprietary technologies in irrigation systems and solar tracking. Valmont maintains approximately 250 dealer locations in North America and around 400 internationally across more than 60 countries for its agriculture products. The Infrastructure segment utilizes direct sales forces and commissioned agents to reach utilities, developers, and energy providers.

Valmont's backlog as of December 27, 2025 totaled $1,653.7 million, with the Infrastructure segment representing $1,548.3 million and Agriculture representing $105.4 million. The company has grown through both organic development and strategic acquisitions, including recent investments in 5G infrastructure solutions and solar energy capabilities. Key raw materials include hot-rolled steel coil, zinc, and carbon steel products sourced from mills and service centers. The company's website is www.valmont.com.

Sector
Industrials
Industry
Fabricated Metal
HQ
OMAHA, NE
FY end
12-26
CIK
102729
SIC
3440
Financial performance · annual
20132025
$-434.53M$869.05M$2.17B$3.48B$4.78B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds VALMONT INDUSTRIES INC — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

479
funds hold it
0 of 35
superinvestors hold it
$4.18B
fund-held value
39.1%
of shares held by funds
2
bond issues held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.31%$383.72M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$337.89M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.13%$244.24M
Neuberger Genesis Fund
NBGNX · NEUBERGER BERMAN EQUITY FUNDS
2.17%$159.39M
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.23%$154.76M

Bonds held by funds

Funds report holding 2 issues of VALMONT INDUSTRIES INC's debt, $51.10M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.14%, maturing 20442054.

IssueCouponMaturesFundsFund-held
VALMONT INDS5.250%2054-10-0131$28.32M
VALMONT INDS5.000%2044-10-0132$22.78M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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