Valmont Industries (VMI) Revenue & Revenue Breakdown

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Valmont Industries Revenue Highlights

Latest Revenue (Y)

$4.17B

Latest Revenue (Q)

$1.02B

Main Segment (Y)

Transmission, Distribution and Substation

Main Geography (Y)

UNITED STATES

Valmont Industries Revenue by Period

Valmont Industries Revenue by Year

Date	Revenue	Change
2023-12-30	$4.17B	-3.93%
2022-12-31	$4.35B	24.09%
2021-12-25	$3.50B	20.94%
2020-12-26	$2.90B	4.64%
2019-12-28	$2.77B	0.36%
2018-12-29	$2.76B	0.41%
2017-12-30	$2.75B	8.89%
2016-12-31	$2.52B	-3.71%
2015-12-26	$2.62B	-16.14%
2014-12-27	$3.12B	-5.48%
2013-12-28	$3.30B	9.07%
2012-12-29	$3.03B	13.83%
2011-12-31	$2.66B	34.72%
2010-12-25	$1.98B	10.57%
2009-12-26	$1.79B	-6.33%
2008-12-27	$1.91B	27.17%
2007-12-29	$1.50B	17.06%
2006-12-30	$1.28B	15.63%
2005-12-31	$1.11B	7.43%
2004-12-25	$1.03B	23.14%
2003-12-27	$837.63M	-2.02%
2002-12-28	$854.90M	-2.00%
2001-12-29	$872.38M	3.10%
2000-12-30	$846.13M	37.76%
1999-12-25	$614.20M	1.30%
1998-12-26	$606.30M	-2.60%
1997-12-27	$622.50M	-3.41%
1996-12-28	$644.50M	18.34%
1995-12-30	$544.60M	15.45%
1994-12-31	$471.70M	7.50%
1993-12-31	$438.80M	-

Valmont Industries generated $4.17B in revenue during NA 2023, up -3.93% compared to the previous quarter, and up 151.41% compared to the same period a year ago.

Valmont Industries Revenue by Quarter

Date	Revenue	Change
2024-09-28	$1.02B	-1.88%
2024-06-29	$1.04B	6.33%
2024-03-30	$977.83M	-3.71%
2023-12-30	$1.02B	-3.31%
2023-09-30	$1.05B	0.38%
2023-07-01	$1.05B	-1.52%
2023-04-01	$1.06B	-6.10%
2022-12-31	$1.13B	3.11%
2022-09-24	$1.10B	-3.36%
2022-06-25	$1.14B	15.77%
2022-03-26	$980.82M	1.82%
2021-12-25	$963.28M	10.88%
2021-09-25	$868.78M	-2.89%
2021-06-26	$894.63M	15.45%
2021-03-27	$774.89M	-2.94%
2020-12-26	$798.38M	8.78%
2020-09-26	$733.97M	6.56%
2020-06-27	$688.81M	2.17%
2020-03-28	$674.20M	-1.38%
2019-12-28	$683.63M	-0.97%
2019-09-28	$690.34M	-1.50%
2019-06-29	$700.87M	1.26%
2019-03-30	$692.14M	-0.75%
2018-12-29	$697.36M	2.75%
2018-09-29	$678.69M	-0.54%
2018-06-30	$682.40M	-2.33%
2018-03-31	$698.68M	-2.28%
2017-12-30	$714.98M	5.02%
2017-09-30	$680.78M	-4.48%
2017-07-01	$712.74M	11.81%
2017-04-01	$637.47M	-5.50%
2016-12-31	$674.58M	10.54%
2016-09-24	$610.25M	-4.69%
2016-06-25	$640.25M	7.32%
2016-03-26	$596.61M	-5.87%
2015-12-26	$633.83M	0.20%
2015-09-26	$632.58M	-7.26%
2015-06-27	$682.12M	1.75%
2015-03-28	$670.40M	-12.15%
2014-12-27	$763.14M	-0.33%
2014-09-27	$765.67M	-9.13%
2014-06-28	$842.60M	12.09%
2014-03-29	$751.74M	-9.20%
2013-12-28	$827.89M	6.41%
2013-09-28	$778.03M	-11.45%
2013-06-29	$878.66M	7.20%
2013-03-30	$819.63M	0.56%
2012-12-29	$815.04M	11.67%
2012-09-29	$729.84M	-4.88%
2012-06-30	$767.32M	6.97%
2012-03-31	$717.35M	-4.70%
2011-12-31	$752.73M	11.98%
2011-09-24	$672.19M	0.54%
2011-06-25	$668.61M	17.72%
2011-03-26	$567.95M	-5.14%
2010-12-25	$598.71M	13.43%
2010-09-25	$527.83M	9.61%
2010-06-26	$481.56M	31.07%
2010-03-27	$367.40M	-7.83%
2009-12-26	$398.63M	-8.15%
2009-09-26	$434.01M	-12.99%
2009-06-27	$498.81M	9.59%
2009-03-28	$455.15M	-7.69%
2008-12-27	$493.06M	-0.35%
2008-09-27	$494.80M	-0.47%
2008-06-28	$497.13M	17.72%
2008-03-29	$422.29M	9.72%
2007-12-29	$384.86M	-

Valmont Industries generated $1.02B in revenue during Q3 2024, up -1.88% compared to the previous quarter, and up 97.50% compared to the same period a year ago.

Valmont Industries Revenue Breakdown

Valmont Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Transmission, Distribution and Substation	$1.24B	$1.18B	-	-	-
Coatings	$345.31M	$341.38M	-	-	-
Irrigation Equipment and Parts, excluding Technology	$1.06B	$1.22B	-	-	-
Lighting And Transportation	$964.07M	$940.46M	-	-	-
Renewable Energy	$194.32M	$223.12M	-	-	-
Telecommunications	$252.16M	$320.34M	-	-	-
Product	-	-	$3.16B	$2.59B	$2.43B
Service	-	-	$341.97M	$300.50M	$332.79M

Valmont Industries's latest annual revenue breakdown by segment (product or service), as of Dec 23: Transmission, Distribution and Substation (30.62%), Irrigation Equipment and Parts, excluding Technology (26.15%), Lighting And Transportation (23.74%), Coatings (8.50%), Telecommunications (6.21%), and Renewable Energy (4.78%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Jul 23	Apr 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Telecommunications	$64.29M	$58.40M	$53.96M	$116.29M	$67.74M	$68.14M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Coatings	$85.84M	$89.28M	$84.26M	$169.45M	$89.30M	$86.56M	$88.41M	$87.97M	$86.12M	$78.88M	-	-	-	-	-	-	-	-	-	-
Irrigation Equipment and Parts, excluding Technology	$241.89M	$251.91M	$231.48M	$514.14M	$250.66M	$297.36M	$301.07M	$299.88M	$344.60M	$274.65M	-	-	-	-	-	-	-	-	-	-
Lighting And Transportation	$229.22M	$243.56M	$222.10M	$488.81M	$246.12M	$229.14M	$239.45M	-	-	-	-	-	-	-	-	-	-	-	-	-
Renewable Energy	$34.62M	$46.10M	$35.16M	$110.15M	$50.69M	$33.48M	$80.47M	$46.06M	$53.60M	$42.99M	-	-	-	-	-	-	-	-	-	-
Transmission, Distribution and Substation	$342.40M	$323.09M	$325.26M	$614.64M	$314.31M	$314.82M	$302.44M	$304.78M	$295.83M	$281.60M	-	-	-	-	-	-	-	-	-	-
Telecommunication	-	-	-	-	-	-	-	$92.83M	$78.54M	$61.40M	-	-	-	-	-	-	-	-	-	-
Lighting and Transportation	-	-	-	-	-	-	-	$241.59M	$246.65M	$212.77M	-	-	-	-	-	-	-	-	-	-
Technology Products and Services - Agriculture	-	-	-	-	-	-	-	$24.26M	$30.18M	$28.55M	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	-	-	-	-	-	-	$876.14M	$782.69M	$805.80M	$694.97M	$720.66M	$657.70M	$617.59M	$598.91M	$604.27M	$605.44M
Service	-	-	-	-	-	-	-	-	-	-	$87.13M	$86.09M	$88.83M	$79.92M	$77.72M	$76.27M	$71.22M	$75.29M	$79.36M	$84.90M

Valmont Industries's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Transmission, Distribution and Substation (34.30%), Irrigation Equipment and Parts, excluding Technology (24.23%), Lighting And Transportation (22.96%), Coatings (8.60%), Telecommunications (6.44%), and Renewable Energy (3.47%).

Valmont Industries Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
AUSTRALIA	$313.07M	$292.07M	$297.72M	$252.25M	$255.27M
BRAZIL	$311.37M	$354.50M	$200.40M	-	-
Other Countries	$689.21M	$632.79M	$620.25M	$603.90M	$548.66M
UNITED STATES	$2.86B	$2.97B	$2.26B	$1.92B	$1.87B
DENMARK	-	$100.22M	$123.00M	$120.06M	$90.21M

Valmont Industries's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (68.53%), Other Countries (16.51%), AUSTRALIA (7.50%), and BRAZIL (7.46%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Jul 23	Apr 23	Dec 22	Sep 22	Jun 22	Mar 22
North America	$715.99M	$738.77M	$724.02M	$724.68M	$761.58M	-	-	-	-
International	$304.18M	$300.97M	$253.81M	-	-	-	-	-	-
UNITED STATES	-	-	-	-	-	$776.15M	$751.14M	$756.64M	$681.75M

Valmont Industries's latest quarterly revenue breakdown by geography, as of Sep 24: North America (70.18%), and International (29.82%).

Valmont Industries Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BBU	Brookfield Business Partners	$56.08B	$11.96B
MDU	MDU Resources Group	$4.66B	$1.05B
VMI	Valmont Industries	$4.17B	$1.02B
GFF	Griffon	$2.62B	$647.81M
CODI	Compass Diversified	$2.06B	$582.62M
SPLP	Steel Partners	$1.91B	$40.27M
MATW	Matthews	$1.80B	$131.84M
TRC	Tejon Ranch	$44.74M	$10.86M

VMI Revenue FAQ

What is Valmont Industries’s yearly revenue?

Valmont Industries's yearly revenue for 2023 was $4.17B, representing a decrease of -3.93% compared to 2022. The company's yearly revenue for 2022 was $4.35B, representing an increase of 24.09% compared to 2021. VMI's yearly revenue for 2021 was $3.5B, representing an increase of 20.94% compared to 2020.

What is Valmont Industries’s quarterly revenue?

Valmont Industries's quarterly revenue for Q3 2024 was $1.02B, a -1.88% decrease from the previous quarter (Q2 2024), and a -2.87% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.04B, a 6.33% increase from the previous quarter (Q1 2024), and a -0.63% decrease year-over-year (Q2 2023). VMI's quarterly revenue for Q1 2024 was $977.83M, a -3.71% decrease from the previous quarter (Q4 2023), and a -7.97% decrease year-over-year (Q1 2023).

What is Valmont Industries’s revenue growth rate?

Valmont Industries's revenue growth rate for the last 3 years (2021-2023) was 19.22%, and for the last 5 years (2019-2023) was 50.87%.

What are Valmont Industries’s revenue streams?

Valmont Industries's revenue streams in c 23 are Transmission, Distribution and Substation, Coatings, Irrigation Equipment and Parts, excluding Technology, Lighting And Transportation, Renewable Energy, and Telecommunications. Transmission, Distribution and Substation generated $1.24B in revenue, accounting 30.62% of the company's total revenue, up 4.99% year-over-year. Coatings generated $345.31M in revenue, accounting 8.50% of the company's total revenue, up 1.15% year-over-year. Irrigation Equipment and Parts, excluding Technology generated $1.06B in revenue, accounting 26.15% of the company's total revenue, down -12.95% year-over-year. Lighting And Transportation generated $964.07M in revenue, accounting 23.74% of the company's total revenue, up 2.51% year-over-year. Renewable Energy generated $194.32M in revenue, accounting 4.78% of the company's total revenue, down -12.91% year-over-year. Telecommunications generated $252.16M in revenue, accounting 6.21% of the company's total revenue, down -21.28% year-over-year.

What is Valmont Industries’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Valmont Industries was Transmission, Distribution and Substation. This segment made a revenue of $1.24B, representing 30.62% of the company's total revenue.