Description

Valmont Industries: How Electrification and Data Centers Are Reshaping the Growth Profile!

Valmont Industries reported a mixed finish to 2025 with Infrastructure strength offset by a sharp decline in Agriculture, while management positioned 2026 as a year of accelerating growth driven primarily by Utility. Infrastructure trends were supported by multiple demand drivers including electrification, data centers and AI-related buildout, industrial onshoring, and replacement of aging grid assets. Management cited frequent customer engagement and visibility into multiyear capital plans extending into 2030, reinforced by roughly $1.5 billion of backlog that is being booked into 2027. Utility revenue growth in 2026 is expected to be driven more by volume than price as incremental capacity comes online, with recent capacity additions described as producing mid to upper 20 percent drop through and potentially approaching 30 percent as throughput improves and fixed costs are absorbed.