Valmont Industries reported second-quarter 2026 results with revenue of $1.12B and diluted EPS of $6.14, versus $1.05B and ($1.53) in the prior-year quarter, driven by stronger utility demand and improved pricing that supported margin recovery.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.12B$1.05B6.5% | Net income²$119.92M($4.02M)3083% | Diluted EPS³$6.14($1.53)501.3% |
¹ Reported as “Net sales”. ² Reported as “Net earnings (loss) attributable to Valmont Industries, Inc.”. ³ Reported as “Net earnings (loss) attributable to Valmont Industries, Inc. per share”.
Business Highlights
- Revenue growth was driven primarily by North America Utility, with favorable pricing and volume for utility poles and coatings.
- Strength in North America Utility and Coatings offset declines in Telecommunications and Agriculture international markets.
- The company completed acquisition of the remaining 80% of RMDS Innovation and is investing in capacity expansion, with planned capex of $170–$200M for strategic growth.
Original SEC Filing:
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