Dycom Industries, Inc. (“Dycom,” the “Company,” “we,” or “us”) is a leading provider of specialty contracting services focused on the digital infrastructure, telecommunications and utilities industries throughout the United States. Since our incorporation in the State of Florida in 1969, we have expanded our scope and service offerings organically and through acquisitions. Today, Dycom is made up of 38 operating companies that serve a diverse customer base across all 50 states from hundreds of field offices. Our deep industry knowledge, strong customer relationships, broad geographic presence and skilled workforce provide the scale needed to quickly execute on opportunities to service existing and new customers throughout urban and rural America. Dycom’s operating companies provide a comprehensive portfolio of specialty services, including program management, planning, engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services.
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 5.5B | 5.5B | 4.7B | 4.2B | 3.8B | 3.1B |
| Net Income | 281M | 281M | 233M | 219M | 142M | 49M |
| EPS | $9.56 | $9.56 | $7.92 | $7.37 | $4.74 | $1.57 |
| Free Cash Flow | 402M | 402M | 99M | 40M | -36M | 152M |
| ROIC | 8.4% | 11.0% | 14.6% | 16.1% | 12.7% | 6.1% |
| Gross Margin | 20.6% | 20.6% | 19.8% | 19.5% | 17.0% | 15.9% |
| Debt/Equity | 1.51 | 1.51 | 0.76 | 0.77 | 0.95 | 1.11 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 434M | 434M | 369M | 345M | 221M | 86M |
| Operating Margin | 7.8% | 7.8% | 7.8% | 8.3% | 5.8% | 2.7% |
| ROE | 15.1% | 18.2% | 20.4% | 22.8% | 17.5% | 6.4% |
| Shares Outstanding | 29M | 29M | 29M | 30M | 30M | 31M |
DYCOM INDUSTRIES INC passes 4 of 9 quality checks, suggesting mixed fundamentals.
DYCOM INDUSTRIES INC trades at 39.1x trailing earnings, compared to its 15-year median P/E of 22.7x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 38.7x vs a median of 22.9x. The company's 5-year average ROIC is 12.1% with a gross margin of 18.6%. Total shareholder yield (buybacks) is 0.3%. At current prices, the estimated annualized return to fair value is -4.9%.
DYCOM INDUSTRIES INC (DY) has a current P/E ratio of 39.1, compared to its historical median P/E of 22.7. The stock is currently considered Fair based on its historical valuation range.
DYCOM INDUSTRIES INC (DY) has a 5-year average return on invested capital (ROIC) of 12.1%. This indicates solid capital allocation.
DYCOM INDUSTRIES INC (DY) has a market capitalization of $11.7B. It is classified as a large-cap stock.
DYCOM INDUSTRIES INC (DY) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.26%.
Based on historical P/E analysis, DYCOM INDUSTRIES INC (DY) appears fair. The current P/E of 39.1 is 72% above its historical median of 22.7. The estimated fair value CAGR (P/E method) is 34.8%.
DYCOM INDUSTRIES INC (DY) operates in the Water, Sewer, Pipeline, Comm & Power Line Construction industry, within the Industrials sector.
DYCOM INDUSTRIES INC (DY) reported annual revenue of $5.5 billion in its most recent fiscal year, based on SEC EDGAR filings.
DYCOM INDUSTRIES INC (DY) has a net profit margin of 5.1%. This is a modest margin.
DYCOM INDUSTRIES INC (DY) generated $402 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
DYCOM INDUSTRIES INC (DY) has a debt-to-equity ratio of 1.51. This indicates higher leverage, which may increase financial risk.
DYCOM INDUSTRIES INC (DY) reported earnings per share (EPS) of $9.56 in its most recent fiscal year.
DYCOM INDUSTRIES INC (DY) has a return on equity (ROE) of 18.2%. This indicates the company generates strong returns for shareholders.
DYCOM INDUSTRIES INC (DY) has a 5-year average gross margin of 18.6%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for DYCOM INDUSTRIES INC (DY), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
DYCOM INDUSTRIES INC (DY) has a book value per share of $63.21, based on its most recent annual SEC filing.