Valmont Industries, Inc. (VMI) Stock

Valmont Industries, Inc. (VMI) is a Materials stock trading at $485.68 (as of 2026-07-24), with a market capitalization of $9.43B and a trailing P/E of 32.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Valmont Industries, Inc. manufactures and distributes fabricated metal products across multiple markets, including infrastructure and agriculture. It operates in two segments, producing engineered poles, towers, and components, access systems, smart-city structures, and highway safety products, as well as utility structures and precision-agriculture irrigation and water management offerings, serving municipalities/government, commercial customers, and agricultural markets.

Understand Valmont Industries, Inc.: how it makes money

Valmont Industries produces and sells engineered metal products and solutions, including poles, towers, structures, and access systems, to infrastructure and agriculture customers, and it makes money through net sales of these fabricated and engineered products.

Valmont's profit model is driven by selling engineered metal structures and components through its Infrastructure and Agriculture segments, where demand is closely tied to customers' infrastructure capital expenditures (captured by North America Infrastructure Capital Expenditures Deployed) and technology adoption in the agriculture business (captured by Fields Using Prospera Technology).

Revenue by segment (latest quarter)
Infra$0.8B
Agri$0.2B

Business quality (Mixed): Clear two-segment business (Infrastructure and Agriculture) with margins provided, but the dataset here does not include enough detail to separate demand drivers within each segment beyond the provided operating KPI labels.

Valuation: At 30× earnings, VMI trades 25% above the Construction Materials average (24×). Note: one-time items can distort reported P/E.

Bull case

  • Two major end-markets, Infrastructure and Agriculture, supporting a diversified set of engineered product applications: The company manufactures and distributes engineered metal, steel, wood, aluminum, and composite poles, towers, and components, and it also provides engineered access and structure solutions.
  • Operating demand linkage to customer spending and technology usage: North America Infrastructure Capital Expenditures Deployed is an operating KPI candidate, and Fields Using Prospera Technology is another operating KPI candidate, both pointing to measurable drivers of sales momentum.

Bear case

  • Infrastructure sales can be sensitive to capital expenditure cycles: Because North America Infrastructure Capital Expenditures Deployed is an operating KPI candidate, weaker customer infrastructure spending can pressure orders and deliveries.
  • Agriculture technology adoption and field activity can be lumpy: Because Fields Using Prospera Technology is tracked as an operating KPI candidate, changes in customer adoption or field usage patterns could affect that segment's operating trajectory.
Valuation — source: SEC EDGAR (first-party)
Price$485.68
Market Cap$9.43B
P/E Ratio32.5
EV / EBITDA18.5
Price / Book5.61
Price / Sales2.30
FCF Yield5.5%
DCF Value (model)$219.62
DCF Upside vs Price-54.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$4.10B
Net Margin8.5%
Revenue Growth (YoY)0.7%
EPS Growth (YoY)-2.3%
FCF Growth (YoY)-36.9%
Financial Health — source: SEC EDGAR
Altman Z-Score6.57 (safe)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E32.5
Sector P/E (Materials)27.1
Industry P/E (Construction Materials)22.5
vs Sector19.8%
vs Industry44.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($769.16M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryConstruction Materials
CEOAvner Applbaum
Employees10,986
CountryUS
IPO Date1990-03-26

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VMI earnings history · VMI institutional & insider holders · VMI KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.