Company profile

Ticker
VMI
Exchange
Website
CEO
Stephen G. Kaniewski
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
470351813

VMI stock data

(
)

Calendar

29 Apr 20
15 Jul 20
26 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 674.2M 683.63M 690.34M 700.87M
Net income 42.72M 37.4M 42.26M 42.35M
Diluted EPS 1.99 1.66 1.85 1.9
Net profit margin 6.34% 5.47% 6.12% 6.04%
Operating income 66.9M 55.04M 63.86M 63.71M
Net change in cash -58.9M 26.34M 70.26M 45.71M
Cash on hand 294.65M 353.54M 327.2M 256.94M
Cost of revenue 487.95M 512.76M 514.25M 520.46M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 2.77B 2.76B 2.75B 2.52B
Net income 159.47M 100.31M 122.32M 178.39M
Diluted EPS 7.06 4.2 5.11 7.63
Net profit margin 5.76% 3.64% 4.45% 7.07%
Operating income 237.72M 202.28M 267.08M 245.37M
Net change in cash 40.33M -179.6M 92.86M 50.87M
Cash on hand 353.54M 313.21M 492.81M 399.95M
Cost of revenue 2.07B 2.1B 2.06B 1.87B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
28 May 20 Laterreur Claudio Common Stock Payment of exercise Dispose F No 113.38 10 1.13K 1,047
30 Apr 20 Clark T. Jr. Randt Common Stock Payment of exercise Dispose F No 117.24 57 6.68K 8,629
30 Apr 20 den Daas Kaj Common Stock Payment of exercise Dispose F No 117.24 347 40.68K 12,478
28 Apr 20 Freye Theodor Werner Common Stock Grant Aquire A No 0 1,147 0 5,596
28 Apr 20 Lanoha Richard Andrew Common Stock Grant Aquire A No 0 573 0 573
85.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 235 254 -7.5%
Opened positions 29 31 -6.5%
Closed positions 48 36 +33.3%
Increased positions 84 88 -4.5%
Reduced positions 82 88 -6.8%
13F shares
Current Prev Q Change
Total value 5.71B 7.91B -27.9%
Total shares 18.31M 18.67M -1.9%
Total puts 37.8K 13.8K +173.9%
Total calls 29.2K 13.5K +116.3%
Total put/call ratio 1.3 1.0 +26.6%
Largest owners
Shares Value Change
Vanguard 2.05M $217.08M +4.2%
BLK BlackRock 1.91M $202.44M +0.3%
NEU Neuberger Berman 1.04M $110.24M -2.5%
IPXAF Impax Asset Management 1.01M $107.23M +18.3%
N Price T Rowe Associates 814.51K $86.32M -24.0%
Dimensional Fund Advisors 588.84K $62.4M -0.8%
Schroder Investment Management 552.27K $60.2M -2.3%
STT State Street 528.99K $56.3M +1.9%
Wellington Management 508.28K $53.87M +3.2%
King Luther Capital Management 503.16K $53.32M +0.0%
Largest transactions
Shares Bought/sold Change
Victory Capital Management 282.53K +277.3K +5304.2%
N Price T Rowe Associates 814.51K -256.55K -24.0%
Norges Bank 0 -223.69K EXIT
Alliancebernstein 239.06K +202.11K +547.0%
Pictet Asset Management 332.81K -180.93K -35.2%
IPXAF Impax Asset Management 1.01M +156.35K +18.3%
IVZ Invesco 197.15K -136.19K -40.9%
Cramer Rosenthal MCGLYNN 447.9K -112.12K -20.0%
Vanguard 2.05M +83.25K +4.2%
Kovitz Investment Group Partners 0 -81.91K EXIT

Financial report summary

?
Competition
AmerityreTelidyne
Risks
  • The ultimate consumers of our products operate in cyclical industries that have been subject to significant downturns which have adversely impacted our sales in the past and may again in the future.
  • Changes in prices and reduced availability of key commodities such as steel, aluminum, zinc, natural gas and fuel may increase our operating costs and likely reduce our net sales and profitability.
  • Demand for our infrastructure products and coating services is highly dependent upon the overall level of infrastructure spending.
  • Design patent litigation related to guardrails could reduce demand for such products and raise litigation risk.
  • We may lose some of our foreign investment or our foreign sales and profits may decline because of risks of doing business in foreign markets, including trade relations and tariffs.
  • Failure to comply with any applicable anti-corruption legislation could result in fines, criminal penalties and an adverse effect on our business.
  • We are subject to currency fluctuations from our international sales, which can negatively impact our reported earnings.
  • Our businesses require skilled labor and management talent and we may be unable to attract and retain qualified employees.
  • We may incur significant warranty or contract management costs.
  • We face strong competition in our markets.
  • We could incur substantial costs as the result of violations of, or liabilities under, environmental laws.
  • We may not realize the improved operating results that we anticipate from acquisitions we may make in the future, and we may experience difficulties in integrating the acquired businesses or may inherit significant liabilities related to such businesses.
  • We have, from time to time, maintained a substantial amount of outstanding indebtedness, which could impair our ability to operate our business and react to changes in our business, remain in compliance with debt covenants and make payments on our debt.
  • We assumed an underfunded pension liability as part of the 2010 Delta acquisition and the combined company may be required to increase funding of the plan and/or be subject to restrictions on the use of excess cash.
  • Regulatory and business developments regarding climate change could adversely impact our operations and demand for our products.
Management Discussion
  • The increase in net sales in 2019, as compared with 2018, was due to higher sales in the ESS, Utility, and Coatings segments that were substantially offset by lower sales in the Irrigation and Other segments. The changes in net sales in 2019, as compared with 2018, were as follows:
  • Volume effects are estimated based on a physical production or sales measure. Since products we sell are not uniform in nature, pricing and mix relate to a combination of changes in sales prices and the attributes of the product sold. Accordingly, pricing and mix changes do not necessarily directly result in operating income changes.
  • Average steel index prices for both hot rolled coil and plate were lower in North America and China in 2019, as compared to 2018, resulting in lower average costs of sales and improved gross profit.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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Patents

GRANT
Utility
System and method for providing drive shaft braking for irrigation machines
7 Jul 20
The present invention provides a system and method for providing drive shaft braking for an irrigation machine.
APP
Utility
Bolt Calibrated Angle Mainstay for Tower Construction and Method for Use
4 Jun 20
The present invention provides a system which allows users to mount multiple pieces of equipment to a tower and it has the unique capability to adjust a steel frame to level without additional equipment.
APP
Utility
System, Method and Apparatus for Providing Constant Pressure Within an Irrigation System at Reduced Flow Rates
28 May 20
The present invention provides a system and method for maintaining desired pressure levels in an irrigation system when the flow rate available to the irrigation system is reduced below the system's required flow rate.
APP
Utility
Apparatus, System and Method for Providing an Internally Supported Wall System
30 Apr 20
The present invention provides a light weight wall system including a wall supporting apparatus to install multiple panels simultaneously while resisting lateral and vertical forces applied to the wall system during installation.
GRANT
Utility
System and method for irrigation management
28 Apr 20
The present invention provides a system and method which includes a crop/soil analysis module which analyzes data collected and feeds the machine learning module, from one or more sources including imaging data from UAVs, satellites, span mounted crop sensors, in situ field and weather sensors.