Valmont Industries, Inc.
VMIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/28/2024
Revenue
4,075
Cost of Revenue
2,834
Gross Profit
1,241
Gross Margin
30.5%
Operating Income
525
Operating Margin
12.9%
Net Income
348
Net Margin
8.5%
EPS (Basic)
$17.31
EPS (Diluted)
$17.19
EBITDA
623
EBITDA Margin
15.3%
2023
12/31/2023
Revenue
4,175
Cost of Revenue
2,939
Gross Profit
1,236
Gross Margin
29.6%
Operating Income
292
Operating Margin
7.0%
Net Income
143
Net Margin
3.4%
EPS (Basic)
$6.85
EPS (Diluted)
$6.78
EBITDA
392
EBITDA Margin
9.4%
2022
12/31/2022
Revenue
4,345
Cost of Revenue
3,219
Gross Profit
1,126
Gross Margin
25.9%
Operating Income
433
Operating Margin
10.0%
Net Income
251
Net Margin
5.8%
EPS (Basic)
$11.77
EPS (Diluted)
$11.62
EBITDA
509
EBITDA Margin
11.7%
2021
12/31/2021
Revenue
3,502
Cost of Revenue
2,618
Gross Profit
884
Gross Margin
25.2%
Operating Income
287
Operating Margin
8.2%
Net Income
196
Net Margin
5.6%
EPS (Basic)
$9.23
EPS (Diluted)
$9.10
EBITDA
395
EBITDA Margin
11.3%
2020
12/31/2020
Revenue
2,895
Cost of Revenue
2,130
Gross Profit
766
Gross Margin
26.4%
Operating Income
226
Operating Margin
7.8%
Net Income
141
Net Margin
4.9%
EPS (Basic)
$6.60
EPS (Diluted)
$6.57
EBITDA
317
EBITDA Margin
10.9%