Valmont Industries Q3 revenue climbs to $1.10 billion
- Valmont Industries reported third-quarter 2026 net sales of $1.10 billion, up 5.5% year over year from $1.05 billion.
- Operating income increased 22.2% to $172.8 million, while diluted earnings per share rose 25.3% to $6.24 and operating margin expanded to 15.7%.
- Valmont generated $100.5 million in operating cash flow, returned $97.2 million to shareholders and invested $45.6 million in capital expenditures, primarily supporting North America Utility capacity expansion.
Valmont Industries (NYSE:VMI) reported third-quarter 2026 net sales of $1.10 billion, representing a 5.5% increase from $1.05 billion a year earlier.
Operating income grew 22.2% to $172.8 million from $141.5 million, significantly outpacing revenue growth as operating margin expanded to 15.7%.
Diluted earnings per share increased 25.3% to $6.24 from $4.98, reflecting stronger quarterly profitability across the company's infrastructure and agriculture operations.
Valmont generated $100.5 million in operating cash flow and ended the quarter with $122 million in cash and cash equivalents.
The company invested $45.6 million in capital expenditures, primarily to expand manufacturing capacity supporting its North America Utility product line.
Valmont returned $97.2 million to shareholders through $82.3 million in share repurchases and $14.9 million in dividends during the quarter.
The Omaha-based manufacturer reported a net leverage ratio of approximately 0.9 times, while continuing to serve utility infrastructure and agricultural equipment markets.
