Valmont Industries Inc (VMI)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 148,654 | 153,025 | 274,165 | 260,897 | 250,863 | 237,387 | 216,925 | 202,927 | 195,630 | 344,167 | 331,859 | 292,356 | 280,271 | 257,658 | 258,460 | 277,250 | 270,802 | 256,050 | 220,354 | 211,917 |
| Revenue (ttm) | US$ in thousands | 4,130,740 | 4,249,490 | 4,298,420 | 4,391,190 | 4,298,263 | 4,131,296 | 3,903,297 | 3,663,340 | 3,458,614 | 3,305,148 | 3,170,913 | 2,965,430 | 2,864,736 | 2,749,985 | 2,706,833 | 2,718,877 | 2,737,232 | 2,750,969 | 2,738,343 | 2,712,119 |
| Net profit margin | 3.60% | 3.60% | 6.38% | 5.94% | 5.84% | 5.75% | 5.56% | 5.54% | 5.66% | 10.41% | 10.47% | 9.86% | 9.78% | 9.37% | 9.55% | 10.20% | 9.89% | 9.31% | 8.05% | 7.81% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $148,654K ÷ $4,130,740K
= 3.60%
The net profit margin for Valmont Industries Inc has shown some variability over the past few quarters. The margin has fluctuated between a low of 3.60% and a high of 10.47% during the period from March 2019 to December 2023. The highest margins were recorded in the third and fourth quarters of 2021, at 10.47% and 10.41% respectively.
During the most recent quarter, the net profit margin decreased to 3.60%, marking a notable decline from the previous quarter's 6.38%. This reduction may indicate a decrease in profitability relative to the company's revenue during this period.
It is important for stakeholders to closely monitor the company's financial performance and assess the factors contributing to fluctuations in net profit margin to gain insights into Valmont Industries Inc's profitability and overall financial health.
Peer comparison
Dec 31, 2023