Valmont Industries Management
Management criteria checks 4/4
Valmont Industries' CEO is Avner Applbaum, appointed in Jul 2023, has a tenure of 3.08 years. total yearly compensation is $7.76M, comprised of 13.6% salary and 86.4% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth $9.11M. The average tenure of the management team and the board of directors is 2.5 years and 9 years respectively.
Key information
Avner Applbaum
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 13.55% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.5yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
Narrative Update • Jul 22
VMI: Infrastructure Pipeline And Grid Investment Will Drive Future Upside Potential
Analysts have nudged their price target on Valmont Industries higher to $624.50 from $611.25 as they factor in updated assumptions around discount rates, revenue growth, profit margins, and future P/E. What’s in the News for Valmont Industries Valmont Industries’ stock price moved up 36.7%, with recent performance linked to growth in the Infrastructure segment, which reported a 14.1% revenue increase in Q1 FY2026, supported by North American utility demand and data center projects.Seeking Alpha • Jul 09
Valmont Industries: A Real Grid Winner, But The Market Already Knows
Summary Valmont is now primarily a grid infrastructure play, with North America Utility as the main growth driver. Q1 results highlighted strong Utility sales and margin expansion, while Agriculture remains a drag due to international weakness. Management targets $5.4B sales, $35 EPS, and 17% operating margin by 2029, driven by Utility growth and operational improvements. I rate VMI a Hold; valuation reflects optimism, but execution risks and limited margin of safety temper near-term upside. Read the full article on Seeking AlphaNarrative Update • Jun 24
VMI: Utility Focus And Capital Discipline Will Shape Measured Future Returns
Analysts have lifted their price target for Valmont Industries from $545.25 to $611.25, citing updated assumptions for slightly higher revenue growth, a modestly higher discount rate, a somewhat lower profit margin, and a higher future P/E multiple. What’s in the News for Valmont Industries Valmont Industries shares rose about 8% in premarket trading after the company outlined a refreshed 2026 Investor Day plan in New York City focused on above market utility growth, efficiency improvements, and disciplined capital deployment, according to recent news reports.Narrative Update • Jun 08
VMI: Governance Changes And Dividend Policy Will Shape Measured Future Returns
Analysts have adjusted their price target for Valmont Industries from $527 to $545.25, citing updated assumptions across fair value, discount rate, revenue growth, profit margin, and future P/E as key drivers of the new view. What's in the News Valmont Industries finalized a retirement arrangement for former Executive Vice President, Chief Financial Officer, and Corporate Secretary Thomas Liguori, who will remain as a consultant until December 26, 2026, with base salary, health benefits, severance payments, and accelerated equity vesting provided as part of the agreement.Narrative Update • May 25
VMI: Buybacks And Earnings Guidance Will Support Measured Future Returns
Analysts have adjusted their price target for Valmont Industries to $527. The change is linked to updated assumptions for the discount rate and future P/E, while revenue growth and profit margin expectations remain steady.Narrative Update • Apr 26
VMI: Higher Dividend And Buybacks Will Support Future Earnings And Returns
Analysts have raised their price target for Valmont Industries to $527 from $503.67, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Valmont plans an Analyst and Investor Day to share a detailed update on its long term strategy, value drivers and growth outlook.Analysis Article • Apr 23
Results: Valmont Industries, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Valmont Industries, Inc. ( NYSE:VMI ) defied analyst predictions to release its quarterly results, which were ahead of...Narrative Update • Apr 06
VMI: Higher Dividend And Buybacks Will Support Stronger Future Returns
Analysts now set their fair value estimate for Valmont Industries at about $503.67, up from $490.25, reflecting updated assumptions for revenue growth, profit margins, and a slightly adjusted discount rate alongside a lower future P/E outlook. What's in the News Valmont Industries plans to appoint KPMG LLP as its independent registered public accounting firm starting with the year ending December 26, 2026, with Deloitte & Touche LLP dismissed from this role on March 3, 2026 (Key Developments).Narrative Update • Mar 23
VMI: Dividend Raise And Buybacks Will Support Stronger Future Returns
Analysts have maintained their price target for Valmont Industries at $490.25, indicating that only minor adjustments to assumptions for the discount rate, revenue growth, profit margin and future P/E support keeping their view unchanged. What's in the News The Audit Committee approved the appointment of KPMG LLP as Valmont Industries' independent registered public accounting firm beginning with the year ending December 26, 2026, and dismissed Deloitte & Touche LLP from the role on March 3, 2026 (company filing).Narrative Update • Mar 08
VMI: Dividend Hike And Buybacks Will Support Stronger Future Returns
Analysts kept their $490.25 price target for Valmont Industries intact, reflecting only small adjustments to inputs such as a slightly lower discount rate and a marginally lower assumed future P/E multiple in their updated models. What's in the News The board approves a 13% increase in the quarterly cash dividend to $0.77 per share, payable on April 15, 2026 to shareholders of record on March 27, 2026, implying an annualized dividend of $3.08 per share (Key Developments).Narrative Update • Feb 22
VMI: Guidance And Buybacks Will Support Balanced Returns At Current Levels
Analysts have raised their price target on Valmont Industries from $459.25 to $490.25. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E that they consider more closely aligned with the company’s current fundamentals.Narrative Update • Feb 06
VMI: Selective Tuck In Acquisitions And Buybacks Will Support Balanced Returns
Analysts have nudged their price target for Valmont Industries slightly higher to around $459.25. This reflects updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E multiples.Narrative Update • Jan 22
VMI: Selective M&A And Buybacks Will Support Balanced Future Return Potential
Analysts have kept their price target for Valmont Industries effectively unchanged at $459.0, reflecting only slight tweaks to inputs such as the discount rate and assumed future P/E multiple, rather than a shift in their overall view of the stock. What's in the News Valmont Industries is seeking smaller tuck in acquisitions, with management emphasizing selective M&A that strengthens the company’s core businesses and fits within its existing capital allocation priorities (Key Developments).Narrative Update • Jan 07
VMI: Buybacks And Cost Discipline Will Support Balanced Future Return Potential
Analysts have reaffirmed their fair value estimate for Valmont Industries at US$459, with only very small tweaks to inputs such as the discount rate, long term revenue growth, profit margin and future P/E assumptions behind their updated price target work. What's in the News Management reiterated its interest in smaller tuck in acquisitions that add to existing operations, while also highlighting an ongoing focus on costs and share repurchases, according to comments from the CEO and Senior VP of Investor Relations & Treasurer (Key Developments).Narrative Update • Dec 21
VMI: Future Share Repurchases Will Support Attractive Upside Potential
Analysts have modestly raised their price target on Valmont Industries from $455 to $459, reflecting slightly stronger long term revenue growth expectations and a marginally lower discount rate that together support a higher fair value multiple. What's in the News Management reiterated its focus on selective, strategic M&A, targeting smaller tuck in acquisitions that strengthen core businesses while balancing cost discipline and share repurchases (company commentary).Analysis Article • Dec 09
Is Valmont Industries (NYSE:VMI) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Dec 07
VMI: Future Share Buybacks And Earnings Outlook Will Support Balanced Upside Potential
Analysts have modestly raised their price target on Valmont Industries to approximately 455 dollars. This reflects slightly higher long term growth and valuation assumptions despite minimal changes in underlying discount rate, revenue growth, and profit margin forecasts.Narrative Update • Nov 23
VMI: Share Buybacks And Earnings Guidance Will Support Bullish Momentum
Narrative Update on Valmont Industries Analysts have reaffirmed their price target for Valmont Industries at $455, citing stable forecast assumptions and minimal changes to key financial metrics. What's in the News Valmont Industries is actively seeking strategic, smaller tuck-in acquisitions to strengthen its core business, according to CEO Avner Applbaum and Senior VP Renee Campbell (Key Developments).Narrative Update • Nov 03
VMI: Share Repurchase Momentum And Revised Outlook Will Shape Enduring Market Value
Valmont Industries Sees Analyst Price Target Increase Amid Changing Assumptions Analysts have raised their price target for Valmont Industries from $427.50 to $455.00, citing updated forecasts for revenue growth and valuation metrics. What's in the News Valmont Industries completed the repurchase of 182,431 shares, representing 0.91 percent of shares outstanding, for $59.8 million under its buyback program originally announced in February 2025 (Key Developments).Narrative Update • Oct 20
Energy Transition And Digital Trends Will Unlock Enduring Market Value
Analysts have raised their price target for Valmont Industries from $415.00 to $427.50. They cite strengthened profit margin estimates and more favorable valuation metrics as the reasons for this change.Narrative Update • Sep 27
Energy Transition And Digital Trends Will Unlock Enduring Market Value
The upward revision in Valmont Industries’ consensus price target reflects improved forward earnings expectations, as indicated by a higher future P/E ratio, leading to an increase in fair value from $393.33 to $415.00. What's in the News Completed repurchase of 113,426 shares (0.57%) for $33.97 million under the buyback announced February 18, 2025.Analysis Article • Sep 06
With Valmont Industries, Inc. (NYSE:VMI) It Looks Like You'll Get What You Pay For
With a price-to-earnings (or "P/E") ratio of 34.3x Valmont Industries, Inc. ( NYSE:VMI ) may be sending very bearish...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 27 2026 | n/a | n/a | US$506m |
| Mar 28 2026 | n/a | n/a | US$356m |
| Dec 27 2025 | US$8m | US$1m | US$335m |
| Sep 27 2025 | n/a | n/a | US$234m |
| Jun 28 2025 | n/a | n/a | US$218m |
| Mar 29 2025 | n/a | n/a | US$348m |
| Dec 28 2024 | US$8m | US$1m | US$348m |
| Sep 28 2024 | n/a | n/a | US$299m |
| Jun 29 2024 | n/a | n/a | US$167m |
| Mar 30 2024 | n/a | n/a | US$157m |
| Dec 30 2023 | n/a | n/a | US$143m |
| Sep 30 2023 | n/a | n/a | US$155m |
| Jul 01 2023 | n/a | n/a | US$276m |
| Apr 01 2023 | n/a | n/a | US$263m |
| Dec 31 2022 | US$3m | US$643k | US$251m |
| Sep 24 2022 | n/a | n/a | US$237m |
| Jun 25 2022 | n/a | n/a | US$217m |
| Mar 26 2022 | n/a | n/a | US$203m |
| Dec 25 2021 | US$2m | US$536k | US$196m |
| Sep 25 2021 | n/a | n/a | US$205m |
| Jun 26 2021 | n/a | n/a | US$192m |
| Mar 27 2021 | n/a | n/a | US$153m |
Compensation vs Market: Avner's total compensation ($USD7.76M) is about average for companies of similar size in the US market ($USD8.19M).
Compensation vs Earnings: Avner's compensation has been consistent with company performance over the past year.
CEO
Avner Applbaum (54 yo)
3.1yrs
Tenure
US$7,762,266
Compensation
Mr. Avner M. Applbaum, C.P.A, serves as President and Chief Executive Officer at Valmont Industries, Inc. since July 11, 2023 and serves as its Director and was its Executive Vice President and Chief Finan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.1yrs | US$7.76m | 0.095% $ 9.1m | |
| President of Infrastructure – Utility | 6.6yrs | US$1.91m | 0.032% $ 3.1m | |
| Consultant | less than a year | US$2.48m | 0.0035% $ 334.6k | |
| Group President of Agriculture | 1.9yrs | US$1.84m | 0.0022% $ 208.4k | |
| President of Infrastructure – Telecommunications & International | no data | US$1.35m | 0.021% $ 2.0m | |
| Executive VP | less than a year | no data | 0.015% $ 1.5m | |
| Executive Vice President of Global Operations | 6.2yrs | US$1.54m | 0.043% $ 4.1m | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| VP, Chief Legal Officer & Corporate Secretary | 20.1yrs | US$1.23m | 0.052% $ 5.0m | |
| VP of Sales & Marketing | no data | no data | no data | |
| Chief People Officer | no data | no data | 0.012% $ 1.1m |
2.5yrs
Average Tenure
55yo
Average Age
Experienced Management: VMI's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | no data | US$7.76m | 0.095% $ 9.1m | |
| Independent Non-Executive Chairman | 32.8yrs | US$390.00k | 0.58% $ 55.3m | |
| Vice Chair of the Board & Lead Independent Director | 14.5yrs | US$305.00k | 0.051% $ 4.9m | |
| Independent Director | 20.7yrs | US$292.08k | 0.12% $ 11.8m | |
| Independent Director | 11.2yrs | US$265.00k | 0.013% $ 1.2m | |
| Independent Director | 14.7yrs | US$292.08k | 0.041% $ 4.0m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.9yrs | US$285.00k | 0.011% $ 1.0m | |
| Independent Director | 1.8yrs | US$265.00k | 0% $ 0 | |
| Independent Director | 5.9yrs | US$265.00k | 0.0099% $ 944.6k | |
| Independent Director | 6.8yrs | US$265.00k | 0.014% $ 1.4m |
9.0yrs
Average Tenure
66yo
Average Age
Experienced Board: VMI's board of directors are considered experienced (9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/17 04:40 |
| End of Day Share Price | 2026/08/14 00:00 |
| Earnings | 2026/06/27 |
| Annual Earnings | 2025/12/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Valmont Industries, Inc. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ryan Connors | Brean Capital Historical (Janney Montgomery) |
| Hamir Patel | CIBC Capital Markets |
| Christopher Moore | CJS Securities, Inc. |