Valmont Sets Strong 2026 Outlook on Utility Backlog and AI-Driven Capacity Push

Overview

• Valmont entered 2026 with a $1.5 billion backlog, up 22% year over year, with orders extending into 2027 as utilities plan investments through 2030 and beyond.
• The company guided 2026 net sales to $4.2–$4.4 billion and diluted EPS to $20.50–$23.50, expecting volume-led gains in utilities with high incremental profitability.
• Capital spending is set at $170–$200 million for brownfield utility capacity, automation, and AI-enabled scheduling and planning tools now being deployed to boost throughput.
• Valmont acquired the remaining 40% of ConcealFab in Q4 to gain full control of telecom technologies supporting 5G, broadband expansion, and next-generation wireless deployment.
• For 2025, adjusted diluted EPS rose to $4.92 (+28% YoY) and GAAP EPS reached $9.05 after a $78.5 million tax benefit, while $50 million in Brazil agriculture reserves and credit losses were fully accrued and management targets a return to double-digit agriculture margins in Q1 2026.