Valmont Industries Inc (VMI)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	291,557	433,249	286,785	225,953	227,905
Revenue	US$ in thousands	4,116,820	4,345,250	3,459,920	2,854,220	2,732,240
Operating profit margin		7.08%	9.97%	8.29%	7.92%	8.34%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $291,557K ÷ $4,116,820K
= 7.08%

Valmont Industries Inc's operating profit margin has shown some fluctuations over the past five years. It was 7.08% in 2023, lower than the previous year's margin of 9.97% in 2022. However, in 2021, the operating profit margin improved to 8.29% compared to 7.92% in 2020. Interestingly, the margin was slightly higher in 2019 at 8.34% compared to the most recent year. Overall, the company's operating profit margin has experienced some variability, which may be indicative of changing cost structures, pricing strategies, or operational efficiencies within the business.

Peer comparison

Dec 31, 2023

Company name

Symbol

Operating profit margin

Valmont Industries Inc

VMI

7.08%