Valmont Industries (VMI) Revenue & Revenue Breakdown
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 | $2.69B | $647.81M |
| CODI | Compass Diversified | $2.06B | $582.62M |
| SPLP | Steel Partners | $1.91B | $533.16M |
| MATW | Matthews | $1.88B | $131.84M |
| TRC | Tejon Ranch | $44.74M | $5.69M |
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.