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Valmont Industries, Inc. 10-Q Filings

VMI NYSE

Every 10-Q that Valmont Industries, Inc. (VMI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow VMI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VMI filings page.

Rhea-AI Summary

Valmont Industries delivered significantly stronger Q2 2026 results. Net sales rose 6.5% to $1.12B, lifting gross profit 6.1%. Operating income increased to $166.1M (14.8% margin) from $29.3M, helped by the absence of prior-year impairment and realignment charges and lower SG&A.

Net earnings attributable to Valmont were $119.9M versus a $4.0M loss, with diluted EPS at $6.14; first-half EPS reached $11.65 on net earnings of $228.0M. Infrastructure led growth: segment sales rose 14.9% in Q2, driven by North America Utility (up 33.9%) and Coatings, offsetting weaker Telecommunications.

Agriculture net sales declined 15.8% in Q2, mainly from Middle East conflict impacts and softer irrigation demand in Brazil and North America, though operating income improved on pricing and lower credit losses. First-half operating cash flow was $251.6M, funding $116.5M of share repurchases, $28.2M of dividends, $70.5M of capex, and a roughly $20.3M Brazil litigation settlement, while total interest-bearing debt decreased to $755.2M. Management also highlights exposure to modified Section 232 steel tariffs but currently expects most Mexico-produced utility poles to qualify for the 10% rate.

Rhea-AI Summary

Valmont Industries delivered stronger results for the thirteen weeks ended March 28, 2026. Net sales rose 6.2% to about $1.03 billion and operating income increased 21.3% to $155.6 million, driven mainly by higher pricing and volumes in the Infrastructure segment, especially North America Utility.

Net earnings attributable to Valmont grew 23.8% to $108.0 million, with diluted EPS up to $5.51 from $4.32, while the effective tax rate edged down to 25.6%. Infrastructure net sales climbed 14.2% to $803.2 million and operating income improved 22.0%, but Agriculture net sales fell 15.0%, pressured by weaker international demand, Middle East conflict disruptions, and softness in Brazil. Cash from operating activities increased to $103.5 million, leverage remained low with a 1.05 ratio, and the company repurchased 131,197 shares for $56.6 million while completing the acquisition of the remaining 80% of RMDS Innovation Inc. and settling a major Brazilian litigation matter.

Rhea-AI Summary

Valmont Industries (VMI) filed its quarterly report, highlighting higher Q3 sales and earnings alongside prior-period restructuring and impairment impacts year-to-date. Q3 net sales were $1.046 billion, up slightly from $1.020 billion a year ago, and operating income rose to $141.5 million from $125.7 million. Net earnings were $101.1 million versus $82.6 million, with diluted EPS of $4.98 compared to $4.11. Interest expense declined to $9.7 million from $14.3 million.

For the first nine months, net sales were $3.066 billion versus $3.038 billion, while operating income was $299.0 million versus $404.6 million due to a $91.3 million impairment of long‑lived assets, $64.9 million of goodwill impairments in Infrastructure, and $8.9 million of realignment charges. Net cash from operating activities was strong at $345.2 million; cash ended at $226.1 million. The company repurchased $125.8 million of common stock year‑to‑date, and its total buyback authorization stands at $2.1 billion. The revolving credit facility was renewed to July 2030 with $800 million committed capacity, a higher $400 million accordion, and lower unused fees.