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VMI Valmont Industries

Valmont Industries Inc. is a global leader, designing and manufacturing engineered products and services that support global infrastructure development and agricultural productivity. Its products for infrastructure serve highway, transportation, wireless communication, electric transmission, and industrial construction and energy markets. Its irrigation equipment and services for large-scale agriculture improve farm productivity while conserving fresh water resources. In addition, Valmont provides coatings services that protect against corrosion and improve the service life of steel and other metal products.

Company profile

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

VMI stock data

(
)

Calendar

29 Jul 21
3 Aug 21
25 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 199.29M 199.29M 199.29M 199.29M 199.29M 199.29M
Cash burn (monthly) 64.06M 12.84M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 82.97M 16.63M n/a n/a n/a n/a
Cash remaining 116.32M 182.66M n/a n/a n/a n/a
Runway (months of cash) 1.8 14.2 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
29 Jun 21 Diane M Larkin Common Stock Payment of exercise Dispose F No No 230.39 66 15.21K 1,331
1 Jun 21 Aaron M Schapper Common Stock Sell Dispose S No No 251 1,004 252K 7,480
28 May 21 Laterreur Claudio Common Stock Payment of exercise Dispose F No No 248 8 1.98K 1,520
27 Apr 21 Joan Robinson-Berry Common Stock Grant Aquire A No No 0 549 0 549
27 Apr 21 Ritu Favre Common Stock Grant Aquire A No No 0 549 0 549

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

86.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 294 283 +3.9%
Opened positions 48 56 -14.3%
Closed positions 37 19 +94.7%
Increased positions 77 65 +18.5%
Reduced positions 126 106 +18.9%
13F shares
Current Prev Q Change
Total value 4.38B 3.23B +35.6%
Total shares 18.46M 18.47M -0.1%
Total puts 33.1K 19.2K +72.4%
Total calls 73.8K 46.3K +59.4%
Total put/call ratio 0.4 0.4 +8.2%
Largest owners
Shares Value Change
Vanguard 1.92M $456.82M +2.8%
BLK Blackrock 1.8M $426.93M +3.8%
ATAC Neuberger Berman 1.05M $249.88M +16.5%
IVZ Invesco 792.85K $188.44M +73.2%
IPXAF Impax Asset Management 756.44K $179.78M -20.3%
Dimensional Fund Advisors 573.65K $136.34M -0.7%
Artisan Partners Limited Partnership 569.88K $135.44M NEW
STT State Street 555.27K $132.25M +2.3%
Schroder Investment Management 521.65K $123.98M -4.7%
BK Bank Of New York Mellon 507.33K $120.58M -11.4%
Largest transactions
Shares Bought/sold Change
Artisan Partners Limited Partnership 569.88K +569.88K NEW
IVZ Invesco 792.85K +335.1K +73.2%
Wellington Management 135.66K -308.57K -69.5%
Norges Bank 0 -304.95K EXIT
Cramer Rosenthal MCGLYNN 507.27K -285.48K -36.0%
WDR Waddell & Reed Financial 324.48K +256.78K +379.2%
Lord, Abbett & Co. 238.83K +238.83K NEW
Amundi Pioneer Asset Management 267.61K -203.11K -43.1%
IPXAF Impax Asset Management 756.44K -192.35K -20.3%
Brown Advisory 169.91K +169.91K NEW

Financial report summary

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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.
  • We are subject to currency fluctuations from our international sales, which can negatively impact our reported earnings.
  • Failure to comply with any applicable anti-corruption legislation could result in fines, criminal penalties and an adverse effect on our business.
  • We could incur substantial costs as the result of violations of, or liabilities under, environmental laws.
  • 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.
  • We face strong competition in our markets.
  • 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.
  • 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 2020, as compared with 2019, was due to higher sales in the Utility and Irrigation segments that were offset by lower sales in the ESS and Coatings segments. The changes in net sales in 2020, as compared with 2019, 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 result in operating income changes.
  •     Increased project sales for offshore and other complex steel structures, solar tracking solutions, and international Irrigation is the primary contributor to the increase in sales volume for fiscal 2020, as compared to 2019. Average steel prices for both hot rolled coil and plate were lower in North America and China in fiscal 2020, as compared to 2019, contributing to lower average selling prices for the Utility segment.
Content analysis
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Positive
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Uncertain
Constraining
Legalese
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Readability
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