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Side-by-side financial comparison of VALMONT INDUSTRIES INC (VMI) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

VALMONT INDUSTRIES INC is the larger business by last-quarter revenue ($1.0B vs $891.0M, roughly 1.2× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 10.5%, a 19.0% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 6.2%). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% CAGR vs -0.5%).

Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

VMI vs ZION — Head-to-Head

Bigger by revenue
VMI
VMI
1.2× larger
VMI
$1.0B
$891.0M
ZION
Growing faster (revenue YoY)
ZION
ZION
+2.5% gap
ZION
8.7%
6.2%
VMI
Higher net margin
ZION
ZION
19.0% more per $
ZION
29.5%
10.5%
VMI
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
-0.5%
VMI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
VMI
VMI
ZION
ZION
Revenue
$1.0B
$891.0M
Net Profit
$108.0M
$263.0M
Gross Margin
30.8%
Operating Margin
15.1%
Net Margin
10.5%
29.5%
Revenue YoY
6.2%
8.7%
Net Profit YoY
23.8%
21.8%
EPS (diluted)
$5.51
$1.77

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
VMI
VMI
ZION
ZION
Q1 26
$1.0B
Q4 25
$1.0B
$891.0M
Q3 25
$1.0B
$861.0M
Q2 25
$1.1B
$838.0M
Q1 25
$969.3M
$795.0M
Q4 24
$1.0B
$820.0M
Q3 24
$1.0B
$792.0M
Q2 24
$1.0B
$777.0M
Net Profit
VMI
VMI
ZION
ZION
Q1 26
$108.0M
Q4 25
$168.0M
$263.0M
Q3 25
$99.0M
$222.0M
Q2 25
$-4.0M
$244.0M
Q1 25
$87.3M
$170.0M
Q4 24
$77.7M
$216.0M
Q3 24
$83.1M
$214.0M
Q2 24
$99.7M
$201.0M
Gross Margin
VMI
VMI
ZION
ZION
Q1 26
30.8%
Q4 25
29.8%
Q3 25
30.4%
Q2 25
30.6%
Q1 25
30.0%
Q4 24
30.2%
Q3 24
29.6%
Q2 24
30.8%
Operating Margin
VMI
VMI
ZION
ZION
Q1 26
15.1%
Q4 25
11.2%
Q3 25
13.5%
Q2 25
2.8%
Q1 25
13.2%
Q4 24
11.6%
Q3 24
12.3%
Q2 24
14.2%
Net Margin
VMI
VMI
ZION
ZION
Q1 26
10.5%
Q4 25
16.2%
29.5%
Q3 25
9.5%
25.8%
Q2 25
-0.4%
29.1%
Q1 25
9.0%
21.4%
Q4 24
7.5%
26.3%
Q3 24
8.1%
27.0%
Q2 24
9.6%
25.9%
EPS (diluted)
VMI
VMI
ZION
ZION
Q1 26
$5.51
Q4 25
$9.02
$1.77
Q3 25
$4.98
$1.48
Q2 25
$-1.53
$1.63
Q1 25
$4.32
$1.13
Q4 24
$3.85
$1.34
Q3 24
$4.11
$1.37
Q2 24
$4.91
$1.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
VMI
VMI
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$160.2M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.7B
$7.2B
Total Assets
$3.4B
$89.0B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VMI
VMI
ZION
ZION
Q1 26
$160.2M
Q4 25
$187.1M
Q3 25
$226.1M
Q2 25
$208.5M
Q1 25
$184.4M
Q4 24
$164.3M
Q3 24
$200.5M
Q2 24
$163.1M
Total Debt
VMI
VMI
ZION
ZION
Q1 26
Q4 25
$795.7M
$1.5B
Q3 25
$1.5B
Q2 25
$970.0M
Q1 25
$964.0M
Q4 24
$730.6M
$950.0M
Q3 24
$548.0M
Q2 24
$546.0M
Stockholders' Equity
VMI
VMI
ZION
ZION
Q1 26
$1.7B
Q4 25
$1.6B
$7.2B
Q3 25
$1.6B
$6.9B
Q2 25
$1.5B
$6.6B
Q1 25
$1.6B
$6.3B
Q4 24
$1.5B
$6.1B
Q3 24
$1.5B
$6.4B
Q2 24
$1.5B
$6.0B
Total Assets
VMI
VMI
ZION
ZION
Q1 26
$3.4B
Q4 25
$3.4B
$89.0B
Q3 25
$3.4B
$88.5B
Q2 25
$3.3B
$88.9B
Q1 25
$3.4B
$88.0B
Q4 24
$3.3B
$88.8B
Q3 24
$3.5B
$87.0B
Q2 24
$3.5B
$87.6B
Debt / Equity
VMI
VMI
ZION
ZION
Q1 26
Q4 25
0.49×
0.21×
Q3 25
0.21×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.47×
0.16×
Q3 24
0.09×
Q2 24
0.09×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VMI
VMI
ZION
ZION
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$952.0M
FCF MarginFCF / Revenue
106.8%
Capex IntensityCapex / Revenue
13.6%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VMI
VMI
ZION
ZION
Q1 26
Q4 25
$111.2M
$1.1B
Q3 25
$112.5M
$438.0M
Q2 25
$167.6M
$-62.0M
Q1 25
$65.1M
$179.0M
Q4 24
$193.4M
$1.1B
Q3 24
$225.1M
$119.0M
Q2 24
$130.8M
$251.0M
Free Cash Flow
VMI
VMI
ZION
ZION
Q1 26
Q4 25
$70.4M
$952.0M
Q3 25
$70.6M
$413.0M
Q2 25
$135.6M
$-93.0M
Q1 25
$34.8M
$152.0M
Q4 24
$167.8M
$1.1B
Q3 24
$204.6M
$97.0M
Q2 24
$112.5M
$234.0M
FCF Margin
VMI
VMI
ZION
ZION
Q1 26
Q4 25
6.8%
106.8%
Q3 25
6.7%
48.0%
Q2 25
12.9%
-11.1%
Q1 25
3.6%
19.1%
Q4 24
16.2%
128.2%
Q3 24
20.1%
12.2%
Q2 24
10.8%
30.1%
Capex Intensity
VMI
VMI
ZION
ZION
Q1 26
Q4 25
3.9%
13.6%
Q3 25
4.0%
2.9%
Q2 25
3.0%
3.7%
Q1 25
3.1%
3.4%
Q4 24
2.5%
11.8%
Q3 24
2.0%
2.8%
Q2 24
1.8%
2.2%
Cash Conversion
VMI
VMI
ZION
ZION
Q1 26
Q4 25
0.66×
4.08×
Q3 25
1.14×
1.97×
Q2 25
-0.25×
Q1 25
0.75×
1.05×
Q4 24
2.49×
5.31×
Q3 24
2.71×
0.56×
Q2 24
1.31×
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

VMI
VMI

Infrastructure$803.2M78%
Agriculture$226.0M22%

ZION
ZION

Segment breakdown not available.

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