Valmont Industries(NYSE) VMI

Valmont makes metal structures that support power lines, cell towers, and city lights. It also builds large watering machines that help farmers grow crops more efficiently. These products help cities run and ensure food reaches our tables.

The Tools of Modern Life

• Infrastructure: Engineering and building poles, towers, and structures for power grids, 5G wireless networks, and highways; represents 75% of net sales in fiscal 2025.
• Agriculture: Manufacturing mechanical irrigation systems and remote monitoring tools under the Valley brand for large farms; accounts for 25% of net sales in fiscal 2025.
• Coatings: Providing protective zinc and paint finishes to prevent metal from rusting or corroding in harsh environments.
• Solar: Designing trackers that move solar panels to follow the sun and produce more electricity throughout the day.

Growth and New Territory

• Acquired the remaining 40% of ConcealFab in 2025 to strengthen offerings in 5G wireless technology and signal interference mitigation.
• Expanded presence in Brazil during 2025 by purchasing the remaining 45% of Solbras Energia Solar do Brasil.
• Increased ownership in Valmont Irrigation Argentina in 2025 to grow its equipment distribution network in South America.
• Divested the Australian extractive business in 2024 to focus on core industrial and agricultural manufacturing operations.

Building a Global Network

Valmont operates over 80 manufacturing facilities across six continents to serve local government and industrial needs quickly. This global reach is supported by an extensive network of 650 independent dealer locations that provide on-site installation and support for farmers.

Financial Performance

• Net sales reached $4.1 billion in fiscal 2025, up 0.7% from the previous year.
• Free cash flow grew to $68.9 million in Q1 2026, a 97.9% increase from Q1 2025.
• Infrastructure segment sales rose 3% to $3.1 billion in fiscal 2025.
• Order backlog increased to $1.65 billion as of December 27, 2025, up from $1.44 billion the year prior.

Evolution of a Builder

Valmont has transformed from a small Nebraska farm equipment maker into a global industrial supplier. Its dual focus on essential utility grids and efficient food production provides a diversified base for its manufacturing operations.