Dycom Industries, Inc.

Water, Sewer, Pipeline, Comm & Power Line Construction

DYMixed9 of 10 basics passed

$270.18

-2.53%

Market cap $8.15B

$270.18

-2.53%

Market cap $8.15B

Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries throughout the United States. The company has two reporting segments: Communications and Building Systems.

It is a $8.15B industrial company. Revenue grew 37.8% over the last year, it keeps 5¢ of every dollar of sales as profit, and its net debt equals ~4.5 years of free cash flow. It trades at 24.6× earnings — around the middle of its own history.

Website: dycomind.com
Location: West Palm Beach, FL
Employees: 19 556
Sector: Industrials

Share price · 3 years

$88.28 → $270.18+206.1%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $6.88B
Profit: keeps 5¢ of every $1 sold; $330M
Free cash flow: cash left after running the business; $469M
Net debt: debt minus cash on hand; $2.11B
P/E: years of profit in the price; 24.6
EPS: earnings per share, TTM; $11.20
Shares: down 11% since 2016 — buybacks; 29.4M
Volatility: beta vs the market — under 1 swings less; 1.53

Revenue, last 10 years

52-week range

Low $266.79$270.18High $535.20

Today's price is 1% of the way from the year's low to its high.

P/E vs its history5y

24.6×median 26.1×

Higher than 46% of past days — around the middle of its own history.

Valuation vs own history

P/E

24.6×

54%

P/S

1.2×

37%

EV/EBITDA

21.9×

60%

P/B

3.9×

52%

FCF yield

5.8%

98%

Share of the last ~5 years that was pricier than today (in line with its own history). Based on the daily valuation record.

Insider activity · 90 days

+$551Knet buying

Purchases$551K

Sales$0

Insiders trading, last 14d0 buy · 0 sell

Standing in Industrials

Size$8.15Btop 90%
Revenue growth+13%top 13%
Net margin5%top 81%
Return on equity18%top 51%
P/E24.6×top 44%

Ranked against 130 Industrials companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong valuation, growth and quality; Profitability, Health and Moat lag behind.

Valuation77

P/E vs own history46th pct · 12/25
FCF yield5.8% · 20/25
P/S1.2x · 25/25
EV/EBITDA11.7x · 20/25

Growth95

Revenue CAGR15.4% · 20/25
Net income CAGR55.1% · 25/25
EPS CAGR ~5Y54.9% · 25/25
Fwd implied growth56.1% · 25/25

Profitability36

ROIC7.1% · 5/25
ROE18.1% · 20/25
Net margin4.8% · 6/25
Operating margin7.7% · 5/25

Health48

Altman Zn/a · 0/25
Current ratio2.35 · 25/25
Interest coverage6.5x · 18/25
Net cash / debtD/A 35% · 5/25

Quality77

Piotroski F5/9 · 15/25
Beneish M-2.18 · 12/25
FCF conversion142% · 25/25
Margin stabilityσ 2.9% · 25/25

Moat28

ROIC >12% years3/10 yrs · 6/25
Median gross margin6.4% · 0/25
FCF-positive years7/10 yrs · 10/25
Worst-year net marginworst 1.1% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

Q3 2026Insiders
3 open-market insider purchases
~2K shares bought by insiders
FY2026Financial
Best year on record
$281M net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $1B
$2.67B in first reported year

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$39 576 today — price return only

$5.5B revenue in FY2026

Revenue up 37.8% year over year

Profitable 10 years in a row

Positive free cash flow 3 years in a row

19 556 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Revenue growing 37.8% year over year
Interest covered 6.5× by operating earnings

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 10 checks passed

Revenue growing — the company sells more than a year ago+37.8% YoY
Profitable — makes more than it spends$330M TTM
Profit growing — earnings are higher than last year+26.3% YoY
Generates cash — cash left after running and investing$469M TTM
Debt under control — could handle its obligations~4.5y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$8.15B market cap
Not printing shares — share count not ballooning — you keep your slice-8.3% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 43/100
Pays a dividend — returns cash to shareholdersno data
Valuation not extreme — price not wildly above earningsP/E 24.6

Peer comparisonDycom Industries, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
DY this company	$8.2B	24.6	+37.8%	4.8%	Mixed
LRCX Lam Research Corp	$399.2B	54.9	+26.0%	31.3%	Strong
CAT Caterpillar Inc.	$368.0B	33.9	+18.4%	14.5%	Solid
RTX RTX Corporation	$251.3B	32.4	+11.8%	8.3%	Strained
DE Deere & Company	$167.7B	34.4	+8.3%	10.2%	Solid
ETN Eaton Corporation, plc	$167.2B	43.6	+15.5%	12.8%	Mixed
UNP Union Pacific Corp.	$166.8B	22.6	+4.2%	28.8%	Strained

Head-to-head: DY vs LRCX · DY vs CAT · DY vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 7Buy 12Hold 1

Appendix · Financial records

The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.

Profit & lossRevenue $6.88B · net income $330M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2026 revenue flows to profit

RevenueNet income

Revenue (TTM)

$6.88B

YoY 37.8%

Net income (TTM)

$330M

Margin 4.8%

Gross margin

20.5%

Operating margin

7.7%

P/E ratio

24.6

Income statement — full detail

Figures in USD billions · EPS in USD

	2021	2022	2023	2024	2025	2026
Revenue	3.2	3.1	3.8	4.2	4.7	5.5
Gross profit	0.1	0.1	0.2	0.3	0.3	0.4
Operating income (EBIT)	0.1	0.1	0.2	0.3	0.3	0.4
Net income	0.0	0.0	0.1	0.2	0.2	0.3
EPS (diluted)	1.07	1.57	4.74	7.37	7.92	9.56

Cash flowFree cash flow $469M · operating cash flow $718M (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$469M

Margin 6.8%

Operating cash flow (TTM)

$718M

FCF margin

6.8%

Cash flow statement — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Operating cash flow	0.4	0.3	0.2	0.3	0.3	0.6
Capital expenditure	-0.1	-0.2	-0.2	-0.2	-0.3	-0.2
Free cash flow	0.3	0.2	-0.0	0.0	0.1	0.4
FCF margin	10.1%	4.8%	-0.9%	1.0%	2.1%	7.2%

Balance sheetAssets $5.98B · net debt $2.11B (FY2026)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $5.98B of assets is financed

69%

31%

Liabilities $4.12B — borrowed moneyEquity $1.86B — owners' stake

Cash vs debt

Total debt $2.81B − cash $709M = net debt $2.11B

Cash on hand covers 25% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

6.5x

EBIT ÷ interest expense

ROE

18.1%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Cash & equivalents	0.0	0.3	0.2	0.1	0.1	0.7
Total assets	1.9	2.1	2.3	2.5	2.9	6.0
Total liabilities	1.1	1.4	1.4	1.5	1.7	4.1
Total debt	0.6	0.8	0.8	0.8	0.9	2.8
Equity	0.8	0.8	0.9	1.1	1.2	1.9
Net debt	0.6	0.5	0.6	0.7	0.9	2.1

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of DY on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $270.18 · market cap $8.15B.