Valmont Industries, Inc. (VMI)
NYSE: VMI · Real-Time Price · USD
437.22
+1.35 (0.31%)
Oct 23, 2026, 1:10 PM EDT - Market open
Valmont Industries Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Net Income | 517.01 | 350.27 | 348.26 | 150.85 | 250.86 | 195.63 |
Depreciation & Amortization | 95.94 | 88.51 | 95.4 | 98.71 | 97.17 | 92.58 |
Loss (Gain) From Sale of Assets | -0.55 | -0.55 | 12.09 | -2.02 | 33.51 | -0.96 |
Asset Writedown & Restructuring Costs | 9.63 | 91.34 | - | 140.84 | - | 27.91 |
Loss (Gain) on Equity Investments | 0.09 | 0.09 | 0.08 | 1.42 | 0.95 | 0.94 |
Stock-Based Compensation | 24.31 | 24.31 | 29.87 | 39.22 | 41.85 | 28.72 |
Other Operating Activities | 7.97 | -15.06 | -41.25 | -41.68 | -25.08 | -14.33 |
Change in Accounts Receivable | 2.66 | 2.66 | -41.32 | -47.54 | -127.17 | -90.85 |
Change in Inventory | 39.44 | 39.44 | 45.64 | 88.43 | -3.43 | -289.94 |
Change in Accounts Payable | -26.33 | -26.33 | 24.8 | -10.53 | 36.99 | 89.42 |
Change in Unearned Revenue | -80.5 | -80.5 | 63.68 | -106.88 | -0.57 | 6.59 |
Change in Income Taxes | -43.02 | -43.02 | 18.83 | 13.75 | 10.84 | 5.56 |
Change in Other Net Operating Assets | -83.32 | 25.33 | 16.6 | -17.79 | 10.35 | 14.67 |
Operating Cash Flow | 463.32 | 456.48 | 572.68 | 306.78 | 326.27 | 65.94 |
Operating Cash Flow Growth | -13.99% | -20.29% | 86.68% | -5.97% | 394.81% | -79.15% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Capital Expenditures | -156.88 | -145.04 | -79.45 | -96.77 | -93.29 | -107.79 |
Sale of Property, Plant & Equipment | 2.18 | 2.18 | 0.64 | 1.71 | 1.58 | 1.75 |
Cash Acquisitions | -11.47 | - | - | -32.68 | -39.29 | -312.5 |
Divestitures | - | - | 3.83 | 6.37 | - | - |
Other Investing Activities | 5.88 | 0.12 | -3.9 | 6.09 | -1.09 | 1.24 |
Investing Cash Flow | -160.3 | -142.74 | -78.88 | -115.28 | -132.08 | -417.31 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Short-Term Debt Issued | - | 2.84 | 15.04 | 30.79 | 9.67 | 5.82 |
Long-Term Debt Issued | - | 215.79 | 30.01 | 370.01 | 254 | 312.49 |
Total Debt Issued | 209.29 | 218.63 | 45.05 | 400.8 | 263.66 | 318.31 |
Short-Term Debt Repaid | - | -4.49 | -16.53 | -34.08 | -17.24 | -26.06 |
Long-Term Debt Repaid | - | -151.56 | -408.08 | -134.75 | -336.4 | -91.31 |
Total Debt Repaid | -184.46 | -156.06 | -424.61 | -168.83 | -353.65 | -117.38 |
Net Debt Issued (Repaid) | 24.83 | 62.57 | -379.56 | 231.97 | -89.98 | 200.93 |
Issuance of Common Stock | 6.35 | 6.35 | 6.63 | 5.84 | 16.85 | 23.9 |
Repurchase of Common Stock | -285.01 | -210.99 | -83.14 | -364.04 | -58.44 | -47.65 |
Common Dividends Paid | -56.49 | -52.48 | -48.36 | -49.52 | -45.81 | -41.41 |
Other Financing Activities | -98.39 | -104.32 | -18.13 | -0.66 | -4.52 | -2.27 |
Financing Cash Flow | -408.7 | -298.86 | -522.56 | -176.41 | -181.91 | 133.5 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Foreign Exchange Rate Adjustments | 1.62 | 7.94 | -9.97 | 2.55 | -4.11 | -5.62 |
Net Cash Flow | -104.06 | 22.83 | -38.73 | 17.64 | 8.17 | -223.49 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Free Cash Flow | 306.43 | 311.45 | 493.23 | 210 | 232.98 | -41.85 |
Free Cash Flow Growth | -25.04% | -36.85% | 134.87% | -9.86% | - | - |
Free Cash Flow Margin | 7.14% | 7.59% | 12.10% | 5.03% | 5.36% | -1.20% |
Free Cash Flow Per Share | 15.66 | 15.62 | 24.34 | 9.93 | 10.80 | -1.95 |
Levered Free Cash Flow | 132.17 | 170.23 | 489.09 | 228.07 | 282.56 | -71.7 |
Unlevered Free Cash Flow | 156.1 | 195.56 | 525.79 | 263.58 | 312.27 | -45.07 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Cash Interest Paid | 39 | 39 | 57.71 | 55.54 | 46.65 | 41.16 |
Cash Income Tax Paid | 84.23 | 84.23 | 125.55 | 103.7 | 93.11 | 60.37 |
Change in Working Capital | -191.08 | -82.42 | 128.23 | -80.56 | -73 | -264.56 |