Valmont Industries (VMI)
Market Price (3/19/2026): $399.27 | Market Cap: $7.8 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Valmont Industries (VMI)
Market Price (3/19/2026): $399.27Market Cap: $7.8 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% | Weak multi-year price returns3Y Excs Rtn is -34% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.9% |
| Low stock price volatilityVol 12M is 31% | Key risksVMI key risks include [1] significant margin pressure from volatile steel prices, Show more. | |
| Megatrend and thematic driversMegatrends include Water Infrastructure, 5G & Advanced Connectivity, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, 5G & Advanced Connectivity, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -34% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.9% |
| Key risksVMI key risks include [1] significant margin pressure from volatile steel prices, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Mixed Fourth Quarter 2025 Earnings and Revenue Performance.
Valmont Industries reported adjusted earnings per share (EPS) of $4.92 for Q4 2025, which missed analysts' expectations of $4.96 by 0.81%. Additionally, net sales for the quarter were $1.04 billion, a marginal increase of 0.1% year-over-year, but still fell slightly below analysts' consensus estimates. This performance, characterized by slight misses on both adjusted EPS and revenue expectations, likely limited significant positive stock movement despite a substantial 135.7% increase in GAAP EPS to $9.05 compared to the same period in 2024.
2. Divergent Performance of Key Business Segments.
The company experienced contrasting results across its primary segments. The Infrastructure segment, which constitutes 78.6% of net sales, demonstrated strength with a 7.2% increase in sales to $819.0 million, driven by a robust 21.0% rise in utility sales due to strong market demand. However, this positive performance was significantly offset by a 19.9% decline in the Agriculture segment's sales, totaling $222.7 million, primarily attributed to market softness in North America and Brazil. The offsetting nature of these segmental results contributed to the overall stock price stability.
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Stock Movement Drivers
Fundamental Drivers
The -2.7% change in VMI stock from 11/30/2025 to 3/18/2026 was primarily driven by a -26.9% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3182026 | Change |
|---|---|---|---|
| Stock Price ($) | 412.30 | 401.06 | -2.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,103 | 4,104 | 0.0% |
| Net Income Margin (%) | 5.7% | 7.5% | 32.0% |
| P/E Multiple | 34.8 | 25.5 | -26.9% |
| Shares Outstanding (Mil) | 20 | 20 | 0.8% |
| Cumulative Contribution | -2.7% |
Market Drivers
11/30/2025 to 3/18/2026| Return | Correlation | |
|---|---|---|
| VMI | -2.7% | |
| Market (SPY) | -3.2% | 62.7% |
| Sector (XLI) | 7.5% | 67.0% |
Fundamental Drivers
The 9.6% change in VMI stock from 8/31/2025 to 3/18/2026 was primarily driven by a 40.8% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 3182026 | Change |
|---|---|---|---|
| Stock Price ($) | 365.84 | 401.06 | 9.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,077 | 4,104 | 0.7% |
| Net Income Margin (%) | 5.3% | 7.5% | 40.8% |
| P/E Multiple | 33.3 | 25.5 | -23.5% |
| Shares Outstanding (Mil) | 20 | 20 | 1.1% |
| Cumulative Contribution | 9.6% |
Market Drivers
8/31/2025 to 3/18/2026| Return | Correlation | |
|---|---|---|
| VMI | 9.6% | |
| Market (SPY) | 2.8% | 64.1% |
| Sector (XLI) | 9.1% | 72.3% |
Fundamental Drivers
The 16.0% change in VMI stock from 2/28/2025 to 3/18/2026 was primarily driven by a 28.1% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3182026 | Change |
|---|---|---|---|
| Stock Price ($) | 345.66 | 401.06 | 16.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,075 | 4,104 | 0.7% |
| Net Income Margin (%) | 8.5% | 7.5% | -12.0% |
| P/E Multiple | 19.9 | 25.5 | 28.1% |
| Shares Outstanding (Mil) | 20 | 20 | 2.3% |
| Cumulative Contribution | 16.0% |
Market Drivers
2/28/2025 to 3/18/2026| Return | Correlation | |
|---|---|---|
| VMI | 16.0% | |
| Market (SPY) | 12.3% | 64.3% |
| Sector (XLI) | 22.4% | 70.0% |
Fundamental Drivers
The 29.7% change in VMI stock from 2/28/2023 to 3/18/2026 was primarily driven by a 32.3% change in the company's Net Income Margin (%).| (LTM values as of) | 2282023 | 3182026 | Change |
|---|---|---|---|
| Stock Price ($) | 309.28 | 401.06 | 29.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,177 | 4,104 | -1.7% |
| Net Income Margin (%) | 5.7% | 7.5% | 32.3% |
| P/E Multiple | 27.8 | 25.5 | -8.4% |
| Shares Outstanding (Mil) | 21 | 20 | 8.9% |
| Cumulative Contribution | 29.7% |
Market Drivers
2/28/2023 to 3/18/2026| Return | Correlation | |
|---|---|---|
| VMI | 29.7% | |
| Market (SPY) | 73.1% | 47.5% |
| Sector (XLI) | 70.7% | 58.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| VMI Return | 44% | 33% | -29% | 33% | 32% | 2% | 144% |
| Peers Return | 46% | -5% | 33% | 14% | 17% | 1% | 153% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -2% | 79% |
Monthly Win Rates [3] | |||||||
| VMI Win Rate | 83% | 58% | 33% | 58% | 75% | 67% | |
| Peers Win Rate | 63% | 45% | 57% | 58% | 63% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| VMI Max Drawdown | -1% | -17% | -43% | -12% | -14% | 0% | |
| Peers Max Drawdown | -3% | -29% | -10% | -12% | -15% | -3% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: LNN, AZZ, HUBB, NUE, PNR. See VMI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/18/2026 (YTD)
How Low Can It Go
| Event | VMI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -45.6% | -25.4% |
| % Gain to Breakeven | 83.8% | 34.1% |
| Time to Breakeven | 376 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -44.1% | -33.9% |
| % Gain to Breakeven | 78.8% | 51.3% |
| Time to Breakeven | 238 days | 148 days |
| 2018 Correction | ||
| % Loss | -39.7% | -19.8% |
| % Gain to Breakeven | 65.9% | 24.7% |
| Time to Breakeven | 722 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -68.0% | -56.8% |
| % Gain to Breakeven | 212.5% | 131.3% |
| Time to Breakeven | 1,239 days | 1,480 days |
Compare to LNN, AZZ, HUBB, NUE, PNR
In The Past
Valmont Industries's stock fell -45.6% during the 2022 Inflation Shock from a high on 12/2/2022. A -45.6% loss requires a 83.8% gain to breakeven.
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About Valmont Industries (VMI)
AI Analysis | Feedback
Valmont is like a blend of **Caterpillar** and **John Deere**, manufacturing the essential physical support structures for infrastructure (like utility poles and cell towers) and advanced irrigation equipment for agriculture.
AI Analysis | Feedback
- Engineered Support Structures: Valmont manufactures and distributes diverse engineered metal, steel, wood, aluminum, and composite poles, towers, access systems, and highway safety products for lighting, traffic, wireless communication, and smart cities.
- Utility Support Structures & Services: The company produces engineered steel and concrete pole structures for utility transmission, distribution, substations, and renewable energy generation, also offering inspection services for these structures.
- Metal Coating Services: Valmont provides hot-dipped galvanizing, anodizing, and powder coating services to preserve and protect a variety of metal products.
- Irrigation Equipment & Precision Agriculture Solutions: Under the Valley brand, Valmont manufactures and distributes mechanical irrigation equipment, related parts, and services, alongside offering water management solutions and technology for precision agriculture.
- Industrial Tubular Products: Valmont manufactures and distributes tubular products specifically for industrial customers.
AI Analysis | Feedback
Major Customers of Valmont Industries (VMI)
Valmont Industries (VMI) sells primarily to other companies and entities. The provided background information does not list the names of specific customer companies, nor their public symbols. Instead, it identifies the following major categories of customers:
- Municipalities and government entities
- Commercial lighting fixtures manufacturing companies
- Contractors
- Telecommunications companies
- Utility companies (for transmission, distribution, substations, and renewable energy generation)
- Large farms (for agricultural irrigation equipment and services)
- The general manufacturing sector and industrial customers (for coatings and tubular products)
AI Analysis | Feedback
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Avner M. Applbaum, President & Chief Executive Officer
Avner M. Applbaum was appointed President and Chief Executive Officer of Valmont Industries in July 2023. He initially joined Valmont in March 2020 as Executive Vice President and Chief Financial Officer, a role he held until July 2023. Before his tenure at Valmont, Mr. Applbaum served in multiple CFO roles for private-equity-backed companies. He also accumulated over 15 years of experience in senior financial and operational positions at publicly traded manufacturing companies, including Ametek, Belden, and TE Connectivity (formerly Tyco Electronics). He began his career at Ernst & Young. Mr. Applbaum holds a Bachelor of Arts in Accounting and Economics from Bar-Ilan University and is a Certified Public Accountant.
Thomas Liguori, Executive Vice President & Chief Financial Officer
Thomas Liguori was appointed Executive Vice President and Chief Financial Officer of Valmont in August 2024. He brings more than three decades of financial leadership experience from public companies, having served as CFO for six different public companies. Most recently, he was the CFO of Fortna LLC, a private-equity-backed company specializing in designing and building advanced distribution centers. Prior to Fortna, he served as CFO of Avnet, a Fortune 200 semiconductor distributor, where he was instrumental in driving growth and profitability. Mr. Liguori started his career in Honeywell's Financial Development Program. He holds a Bachelor of Science in Business from Boston University and an MBA from Arizona State University, and completed the Stanford University Strategic CFO Program. He is also a Certified Management Accountant and an NACD Board Leadership Fellow.
Darryl Matthews, Group President, Agriculture
Darryl Matthews is the Group President of Agriculture at Valmont. In this role, he is responsible for leading the strategic direction of the company's Agriculture segment, overseeing the Valley Irrigation brand, strengthening dealer and customer partnerships, and integrating technology to enhance agricultural productivity.
Greg Turi, President, Infrastructure
Greg Turi serves as President of Infrastructure at Valmont, where he leads the company's Telecom and international infrastructure businesses. He joined Valmont in 2010 as a Strategic Account Manager in the Utility business and has since held various leadership positions, including General Manager, Vice President of Sales, and Vice President and General Manager of International Utility.
William "Eric" Johnson, Chief Accounting Officer
William "Eric" Johnson was appointed Chief Accounting Officer of Valmont in October 2025. Before joining Valmont, he served as Senior Vice President and Corporate Controller (Principal Accounting Officer) at Conagra Brands from July 2023 to October 2025, and as Assistant Controller at Conagra Brands starting in September 2019. Earlier in his career, he worked at KPMG from 2005 to 2018 in roles of increasing responsibility. Mr. Johnson holds a master's degree in accounting from the University of Missouri-Columbia.
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Key Risks to Valmont Industries (VMI)
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Cyclical Demand in Infrastructure and Agricultural Markets: Valmont Industries' financial performance is significantly tied to the cyclical nature of the electric utility, agriculture, and wireless communications sectors it serves. Demand for its products, particularly utility and support structures, can be negatively impacted by reduced or delayed spending on infrastructure projects due to unfavorable regulatory environments, economic slowdowns, or financing constraints. Specifically, the Agriculture segment faces challenges from fluctuating farm income, commodity prices, crop yields, and government subsidies, leading to softness in demand for irrigation equipment, especially in North America, and is considered a primary short-term risk.
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Volatility of Raw Material Costs and Supply Chain Disruptions: The company relies heavily on key materials such as steel, aluminum, zinc, natural gas, and diesel fuel, which are globally traded commodities. Fluctuations in their prices, driven by supply and demand shifts, can significantly increase operating costs and reduce profitability if these costs cannot be fully passed on to customers. Additionally, trade policies and tariffs, such as those on imported steel and aluminum or goods from Mexico, Canada, and China, can further escalate manufacturing expenses.
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Exposure to International Market and Currency Fluctuations: With a significant portion of its sales and manufacturing operations outside North America, Valmont Industries is exposed to risks associated with market and currency fluctuations. These fluctuations can create competitive disadvantages by making imported products more attractive or impacting reported earnings. Geopolitical uncertainties, inflationary pressures, and foreign currency fluctuations are also highlighted as factors that can affect the company's financial performance, as evidenced by credit loss expenses in international operations.
AI Analysis | Feedback
The rise of Controlled Environment Agriculture (CEA), including vertical farming and hydroponics, presents a clear emerging threat to Valmont Industries' Irrigation segment. As these advanced farming methods gain traction and become more economically viable, they significantly reduce or eliminate the need for traditional field-based mechanical irrigation equipment and associated parts and services, which are core offerings under Valmont's Valley brand for the agricultural industry. This shift represents a potential long-term disruption to the market for conventional large-scale farm irrigation systems.
AI Analysis | Feedback
Valmont Industries (VMI) operates in several key markets globally. The estimated addressable market sizes for their main products and services are as follows:
Engineered Support Structures
- Smart Cities Solutions: The global smart cities market was estimated at USD 877.6 billion in 2024. Another report valued the global smart city ICT infrastructure market at USD 170.67 billion in 2025. The global smart cities market was valued at USD 702.86 billion in 2024.
- Highway Safety Products: The global road safety market was valued at USD 5.46 billion in 2024. Another estimate placed the global road safety solutions market at USD 4,279.1 million in 2024. The global traffic safety products market is forecasted to grow by USD 1.57 billion during 2025-2030.
Utility Support Structures
- Utility Transmission, Distribution, and Substation Structures: The global power transmission and distribution market was valued at USD 344.32 billion in 2024. Another source reported the global power transmission and distribution market size at USD 342,640.5 million in 2024. The global electricity transmission and distribution market size was valued at USD 397.99 billion in 2025. The global market for Transmission Towers was valued at US$18.4 billion in 2024.
- Renewable Energy Generation Equipment: The global renewable energy market size was estimated at USD 1,602 billion in 2025. Another estimate put the global renewable energy market size at USD 1.4-1.5 trillion in 2024. The global renewable energy market size was valued at USD 1078.7 billion in 2025.
Coatings
- Hot-Dipped Galvanizing: The global hot-dip galvanized steel market was valued at USD 89.61 billion in 2024. Another report stated the global hot-dip galvanized steel market was valued at $47.0 billion in 2022. The global Hot dip Galvanizing market size is USD 48581.2 million in 2024.
- Anodizing: The global metal anodizing market size was valued at USD 2.18 billion in 2025. Another source estimated the global metal anodizing market size at USD 851.41 million in 2023. The global aluminum anodizing market size is likely to be valued at US$2.7 billion in 2026.
- Powder Coating: The global powder coatings market size was valued at USD 15.4 billion in 2024. Other estimates include USD 11.5 billion in 2025, USD 17.37 billion in 2025, USD 14.30 billion in 2024, and approximately $10.4 billion in 2023.
Irrigation
- Mechanical Irrigation Equipment: The global mechanized irrigation systems market was valued at USD 32.11 billion in 2024. Another report stated the global Mechanized Irrigation Systems market size will be USD 7681.8 million in 2025. The global mechanized irrigation systems market size is expected to grow from USD 10.01 billion in 2023. The irrigation equipment market is projected to reach $15.75 billion by 2031.
- Precision Agriculture: The global precision agriculture market size was valued at USD 8.34 billion in 2024. Another report noted the global precision agriculture market size was calculated at USD 14.18 billion in 2025. The global precision agriculture market size was valued at USD 10.2 billion in 2025. Additionally, the global precision agriculture market size was valued at around USD 8.00 billion in 2024 and around USD 10.43 billion in 2023.
AI Analysis | Feedback
Valmont Industries (VMI) is strategically positioned for future revenue growth over the next two to three years, driven by several key factors across its diverse segments.
- Strong Demand and Increased Capacity in Utility Support Structures: The company anticipates significant revenue growth from its Utility Support Structures segment due to robust market conditions, favorable pricing strategies, and higher volumes. Valmont has been actively increasing its manufacturing capacity and deploying artificial intelligence tools to optimize workflow to meet this demand, further supported by a substantial backlog of orders.
- Capitalization on Global Infrastructure Investments: Valmont is well-placed to benefit from ongoing global infrastructure investments, particularly within its Engineered Support Structures and Coatings segments. This includes demand for engineered metal, steel, wood, aluminum, and composite poles, towers, and components for lighting, traffic, and wireless communication markets, as well as hot-dipped galvanizing, anodizing, and powder coating services.
- Advancements in Technology and Precision Agriculture Solutions: Despite recent challenges in the agricultural market, Valmont is focused on driving future growth in its Irrigation segment through technological advancements and innovation. The company aims to enhance its Valley brand irrigation equipment, parts, services, and water management solutions for precision agriculture, including through strategic acquisitions like Rational Mind to bolster engineering capabilities.
- Strategic Acquisitions to Expand Product Offerings: Valmont's strategic acquisitions, such as the full ownership of ConcealFab, are expected to contribute to revenue growth by expanding its product pipeline and introducing differentiated technologies, particularly in the telecommunications market.
AI Analysis | Feedback
```htmlShare Repurchases
- Valmont authorized a new $700 million share repurchase program on February 18, 2025, representing approximately 10% of the company's market capitalization. This was added to a remaining authorization of approximately $66 million as of December 28, 2024.
- In 2025, Valmont returned $250 million to shareholders, including $198 million through share repurchases at an average price of $327.65.
- As of December 27, 2025, the company had $567 million of remaining capacity under its share repurchase program.
Share Issuance
- Valmont Industries' shares outstanding declined by 1.6% in 2025 compared to 2024, by 4.24% in 2024 from 2023, and by 1.95% in 2023 from 2022.
Outbound Investments
- In 2025, Valmont acquired the remaining 40% of ConcealFab and deployed $102 million to acquire minority shares from joint venture partners in Telecom and Agriculture.
- In the first quarter of fiscal 2024, the company acquired an additional approximately 9% ownership interest of ConcealFab, Inc. for $7.227 million and the remaining ownership interest of Valmont Substations, LLC for $10.518 million.
- In 2025, the company recorded a tax benefit of $78.5 million related to the winding down of business operations for its Prospera investment.
Capital Expenditures
- Valmont invested $145 million in capital expenditures in 2025, primarily for utility capacity expansion.
- In the fourth quarter of 2025, capital expenditures totaled $40.8 million, mainly focused on capacity investments for the Utility product line.
- For 2026, Valmont anticipates capital expenditures of $170 million to $200 million, primarily for Utility capacity expansion driven by load growth, grid expansion, and resiliency.
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| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
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| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 141.64 |
| Mkt Cap | 11.1 |
| Rev LTM | 4,140 |
| Op Inc LTM | 698 |
| FCF LTM | 370 |
| FCF 3Y Avg | 499 |
| CFO LTM | 666 |
| CFO 3Y Avg | 589 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.1% |
| Rev Chg 3Y Avg | -0.7% |
| Rev Chg Q | 5.2% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Mgn LTM | 14.2% |
| Op Mgn 3Y Avg | 14.2% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 17.1% |
| CFO/Rev 3Y Avg | 17.4% |
| FCF/Rev LTM | 12.2% |
| FCF/Rev 3Y Avg | 13.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 11.1 |
| P/S | 2.1 |
| P/EBIT | 15.5 |
| P/E | 21.6 |
| P/CFO | 14.3 |
| Total Yield | 5.9% |
| Dividend Yield | 1.1% |
| FCF Yield 3Y Avg | 5.0% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -12.9% |
| 3M Rtn | -0.3% |
| 6M Rtn | 8.1% |
| 12M Rtn | 25.8% |
| 3Y Rtn | 59.0% |
| 1M Excs Rtn | -8.2% |
| 3M Excs Rtn | 2.0% |
| 6M Excs Rtn | 7.0% |
| 12M Excs Rtn | 8.3% |
| 3Y Excs Rtn | -15.5% |
Comparison Analyses
Price Behavior
| Market Price | $401.06 | |
| Market Cap ($ Bil) | 7.9 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -16.1% | |
| 50 Days | 200 Days | |
| DMA Price | $444.70 | $393.59 |
| DMA Trend | up | up |
| Distance from DMA | -9.8% | 1.9% |
| 3M | 1YR | |
| Volatility | 27.8% | 31.2% |
| Downside Capture | 134.51 | 121.19 |
| Upside Capture | 139.34 | 123.02 |
| Correlation (SPY) | 59.6% | 62.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.11 | 1.29 | 1.38 | 1.40 | 1.03 | 1.05 |
| Up Beta | 2.40 | 1.79 | 1.71 | 1.39 | 0.97 | 0.99 |
| Down Beta | 1.52 | 1.26 | 1.13 | 1.08 | 0.93 | 0.97 |
| Up Capture | 89% | 174% | 185% | 203% | 141% | 123% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 14 | 27 | 37 | 73 | 132 | 381 |
| Down Capture | 28% | 62% | 106% | 130% | 107% | 104% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 7 | 14 | 24 | 51 | 119 | 370 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with VMI | |
|---|---|---|---|---|
| VMI | 23.7% | 31.2% | 0.70 | - |
| Sector ETF (XLI) | 25.6% | 19.1% | 1.07 | 70.3% |
| Equity (SPY) | 17.7% | 18.9% | 0.73 | 63.0% |
| Gold (GLD) | 62.0% | 26.4% | 1.81 | 10.1% |
| Commodities (DBC) | 18.3% | 17.3% | 0.85 | 21.1% |
| Real Estate (VNQ) | 4.2% | 16.1% | 0.08 | 47.1% |
| Bitcoin (BTCUSD) | -12.1% | 44.3% | -0.16 | 31.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with VMI | |
|---|---|---|---|---|
| VMI | 11.2% | 31.8% | 0.38 | - |
| Sector ETF (XLI) | 13.2% | 17.1% | 0.61 | 60.8% |
| Equity (SPY) | 12.4% | 17.0% | 0.57 | 51.0% |
| Gold (GLD) | 22.6% | 17.3% | 1.07 | 8.4% |
| Commodities (DBC) | 10.7% | 19.0% | 0.45 | 19.1% |
| Real Estate (VNQ) | 4.2% | 18.8% | 0.13 | 40.8% |
| Bitcoin (BTCUSD) | 5.0% | 56.7% | 0.31 | 20.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with VMI | |
|---|---|---|---|---|
| VMI | 14.1% | 31.0% | 0.49 | - |
| Sector ETF (XLI) | 13.9% | 19.8% | 0.62 | 63.3% |
| Equity (SPY) | 14.6% | 17.9% | 0.70 | 56.8% |
| Gold (GLD) | 14.1% | 15.7% | 0.75 | 3.4% |
| Commodities (DBC) | 8.4% | 17.6% | 0.39 | 25.6% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 43.1% |
| Bitcoin (BTCUSD) | 67.9% | 66.8% | 1.07 | 15.7% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/17/2026 | -6.6% | -3.8% | -13.9% |
| 10/21/2025 | 1.4% | 1.5% | -5.4% |
| 7/22/2025 | 6.5% | 7.8% | 12.7% |
| 2/18/2025 | 17.5% | 6.9% | 0.5% |
| 10/23/2024 | -1.5% | -3.1% | 4.0% |
| 7/25/2024 | 1.0% | -2.5% | -3.6% |
| 5/2/2024 | 0.7% | 4.5% | 2.1% |
| 2/22/2024 | -0.0% | -3.3% | 0.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 11 | 15 |
| # Negative | 7 | 8 | 4 |
| Median Positive | 1.4% | 4.5% | 4.1% |
| Median Negative | -1.5% | -2.8% | -5.3% |
| Max Positive | 17.5% | 9.3% | 13.7% |
| Max Negative | -6.6% | -3.8% | -13.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 10/28/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 04/30/2025 | 10-Q |
| 12/31/2024 | 02/25/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/06/2023 | 10-Q |
| 06/30/2023 | 08/01/2023 | 10-Q |
| 03/31/2023 | 04/26/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| 03/31/2022 | 04/27/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Colwell, James Christopher | Pres.-Global TDS, Svc&Coating | Direct | Sell | 10242025 | 410.68 | 375 | 154,005 | 2,992,214 | Form |
| 2 | Campbell, Renee L | SVP, Investor Relations, Treas | Direct | Sell | 8262025 | 374.90 | 670 | 251,183 | 1,700,172 | Form |
| 3 | Francis, Timothy P | Chief Accounting Officer | Direct | Sell | 8042025 | 358.52 | 2,867 | 1,027,877 | 3,494,136 | Form |
| 4 | Freye, Theodor Werner | Direct | Sell | 2262025 | 348.00 | 1,000 | 348,000 | 934,380 | Form | |
| 5 | Larkin, Diane M | EVP, Global Operations | Direct | Sell | 2212025 | 373.36 | 3,133 | 1,169,749 | 2,809,190 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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