NYSE : DY
Dycom Industries, Inc. — Financial statements
Industrials · Engineering & Construction · United States
Last price 239.66 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 7.23B
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Financial statements
Dycom Industries, Inc. (DY) reported revenue of 6.88B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 6.88B | 5.55B | 4.70B | 4.18B | 3.81B | 3.13B |
| Cost of Revenue | 5.47B | 4.41B | 3.77B | 3.36B | 3.16B | 2.63B |
| Gross Profit | 1.41B | 1.14B | 932.14M | 813.76M | 648.20M | 496.64M |
| Selling, General & Admin | 480.42M | 426.68M | 377.43M | 327.67M | 293.48M | 262.43M |
| Operating Expenses | 858.02M | 696.25M | 576.00M | 490.77M | 437.66M | 415.08M |
| Operating Income | 554.39M | 443.87M | 356.14M | 322.99M | 210.54M | 81.56M |
| Interest Expense | -110.41M | -66.51M | -60.99M | -52.60M | -40.62M | -33.17M |
| Other Non Operating Income (Expenses) | -10.24M | -10.12M | -7.25M | -6.74M | -6.56M | 243.00K |
| EBT Excluding Unusual Items | 433.74M | 367.24M | 287.89M | 263.65M | 163.36M | 48.63M |
| Merger & Restructuring Charges | -18.80M | -18.80M | -4.20M | |||
| Gain (Loss) on Sale of Assets | 11.17M | 26.71M | 36.46M | 28.35M | 16.76M | 4.20M |
| Other Unusual Items | -7.27M | -7.27M | -12.37M | -62.00K | ||
| Pretax Income | 418.84M | 367.88M | 307.79M | 292.00M | 180.12M | 52.78M |
| Income Tax Expense | 89.26M | 86.69M | 74.38M | 73.08M | 37.91M | 4.20M |
| Net Income | 329.58M | 281.19M | 233.41M | 218.92M | 142.21M | 48.57M |
| Net Income to Common | 329.58M | 281.19M | 233.41M | 218.92M | 142.21M | 48.57M |
| Shares Outstanding (Basic) | 29.60M | 29.06M | 29.11M | 29.33M | 29.55M | 30.34M |
| Shares Outstanding (Diluted) | 29.98M | 29.42M | 29.48M | 29.70M | 30.00M | 30.84M |
| EPS (Basic) | 11.13 | 9.68 | 8.02 | 7.46 | 4.81 | 1.60 |
| EPS (Diluted) | 10.99 | 9.56 | 7.92 | 7.37 | 4.74 | 1.57 |
| Free Cash Flow | 468.67M | 401.71M | 98.64M | 40.48M | -36.17M | 151.61M |
| Free Cash Flow Per Share | 15.63 | 13.65 | 3.35 | 1.36 | -1.21 | 4.92 |
| Gross Margin | 20.53% | 20.56% | 19.82% | 19.49% | 17.02% | 15.87% |
| Operating Margin | 8.06% | 8.00% | 7.57% | 7.74% | 5.53% | 2.60% |
| Profit Margin | 4.79% | 5.07% | 4.96% | 5.24% | 3.73% | 1.55% |
| Free Cash Flow Margin | 6.81% | 7.24% | 2.10% | 0.97% | -0.95% | 4.84% |
| EBITDA | 931.98M | 713.43M | 554.71M | 486.08M | 354.72M | 234.21M |
| EBITDA Margin | 13.55% | 12.86% | 11.80% | 11.64% | 9.31% | 7.48% |
| D&A For EBITDA | 377.59M | 269.57M | 198.57M | 163.09M | 144.18M | 152.65M |
| EBIT | 554.39M | 443.87M | 356.14M | 322.99M | 210.54M | 81.56M |
| EBIT Margin | 8.06% | 8.00% | 7.57% | 7.74% | 5.53% | 2.60% |
| Effective Tax Rate | 21.31% | 23.56% | 24.16% | 25.03% | 21.05% | 7.96% |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 340.08M | 709.16M | 92.67M | 101.09M | 224.19M | 310.76M |
| Short-Term Investments | 11.67M | 11.02M | 11.33M | 20.22M | 19.64M | 14.08M |
| Cash & Short-Term Investments | 351.75M | 720.19M | 104.00M | 121.30M | 243.83M | 324.84M |
| Accounts Receivable | 2.50B | 1.86B | 1.44B | 1.30B | 1.11B | 920.44M |
| Other Receivables | 15.87M | 19.92M | 4.20M | 3.23M | 4.21M | 13.51M |
| Receivables | 2.51B | 1.88B | 1.44B | 1.30B | 1.12B | 933.95M |
| Inventory | 145.88M | 128.35M | 127.25M | 108.56M | 114.97M | 81.29M |
| Prepaid Expenses | 38.35M | 27.76M | 20.69M | 20.09M | 17.36M | 14.64M |
| Restricted Cash | 1.37M | 1.37M | 1.37M | 1.37M | 1.37M | 1.37M |
| Total Current Assets | 3.05B | 2.76B | 1.69B | 1.55B | 1.49B | 1.36B |
| Property, Plant & Equipment | 834.33M | 745.02M | 654.07M | 521.26M | 435.09M | 355.90M |
| Goodwill | 1.60B | 1.44B | 330.33M | 311.99M | 272.55M | 272.49M |
| Other Intangible Assets | 935.39M | 925.95M | 219.75M | 108.95M | 86.57M | 101.83M |
| Long-Term Accounts Receivable | 2.61M | 8.33M | 14.06M | |||
| Long-Term Deferred Charges | 79.95M | 72.25M | 34.79M | 2.54M | 3.69M | 4.83M |
| Other Long-Term Assets | 39.19M | 35.63M | 11.80M | 19.49M | 14.35M | 13.03M |
| Total Assets | 6.54B | 5.98B | 2.95B | 2.52B | 2.31B | 2.12B |
| Accounts Payable | 610.05M | 497.26M | 223.49M | 222.12M | 207.74M | 155.90M |
| Accrued Expenses | 306.35M | 256.14M | 176.11M | 160.97M | 144.64M | 136.76M |
| Current Portion of Long-Term Debt | 27.77M | 4.00M | 10.00M | 17.50M | 17.50M | 17.50M |
| Current Portion of Leases | 44.27M | 42.29M | 35.82M | 32.02M | 27.53M | 24.64M |
| Current Income Taxes Payable | 771.00K | 30.64M | 3.86M | 14.90M | 233.00K | |
| Current Unearned Revenue | 241.22M | 158.50M | 73.55M | 39.12M | 19.51M | 18.51M |
| Other Current Liabilities | 70.23M | 47.93M | 37.55M | 30.71M | 37.73M | 28.25M |
| Total Current Liabilities | 1.30B | 1.01B | 587.15M | 506.30M | 469.55M | 381.80M |
| Long-Term Debt | 2.79B | 2.81B | 933.21M | 791.41M | 807.37M | 823.25M |
| Long-Term Leases | 187.16M | 135.22M | 76.93M | 44.11M | 39.63M | 36.52M |
| Long-Term Deferred Tax Liabilities | 104.81M | 85.16M | 32.17M | 49.56M | 60.20M | 55.67M |
| Other Long-Term Liabilities | 95.02M | 82.27M | 76.81M | 70.84M | 67.75M | 62.44M |
| Total Liabilities | 4.48B | 4.12B | 1.71B | 1.46B | 1.44B | 1.36B |
| Common Stock | 10.05M | 9.99M | 9.66M | 9.70M | 9.78M | 9.87M |
| Additional Paid-In Capital | 379.44M | 381.66M | 8.99M | 6.22M | 5.65M | 2.03M |
| Retained Earnings | 1.67B | 1.47B | 1.22B | 1.04B | 855.09M | 748.41M |
| Comprehensive Income & Other | -1.55M | -1.77M | -1.77M | |||
| Shareholders' Equity | 2.06B | 1.86B | 1.24B | 1.05B | 868.75M | 758.54M |
| Total Liabilities & Equity | 6.54B | 5.98B | 2.95B | 2.52B | 2.31B | 2.12B |
| Total Debt | 3.05B | 2.99B | 1.06B | 885.04M | 892.02M | 901.91M |
| Net Cash (Debt) | -2.70B | -2.27B | -951.96M | -763.74M | -648.19M | -577.07M |
| Net Cash Per Share | -89.94 | -77.21 | -32.29 | -25.72 | -21.61 | -18.71 |
| Filing Date Shares Outstanding | 30.16M | 29.97M | 28.98M | 29.09M | 29.36M | 29.61M |
| Total Common Shares Outstanding | 30.16M | 29.97M | 28.98M | 29.09M | 29.35M | 29.61M |
| Working Capital | 1.75B | 1.75B | 1.11B | 1.04B | 1.02B | 974.29M |
| Book Value Per Share | 68.44 | 62.03 | 42.76 | 36.25 | 29.60 | 25.62 |
| Tangible Book Value | -470.43M | -510.25M | 689.02M | 633.71M | 509.64M | 384.23M |
| Tangible Book Value Per Share | -15.60 | -17.03 | 23.78 | 21.78 | 17.36 | 12.98 |
| Land | 11.81M | 8.47M | 8.42M | 8.42M | 8.42M | 4.13M |
| Buildings | 26.26M | 25.00M | 19.85M | 10.40M | 10.47M | 10.65M |
| Machinery | 1.73B | 1.63B | 1.53B | 1.44B | 1.35B | 1.21B |
| Leasehold Improvements | 35.92M | 26.71M | 27.68M | 19.19M | 17.62M | 17.71M |
| Order Backlog | 9.54B | 7.76B |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 329.58M | 281.19M | 233.41M | 218.92M | 142.21M | 48.57M |
| Depreciation & Amortization | 377.59M | 269.57M | 198.57M | 163.09M | 144.18M | 152.65M |
| Other Amortization | 6.47M | 4.18M | 4.43M | 2.98M | 2.83M | 4.49M |
| Loss (Gain) From Sale of Assets | -11.17M | -26.71M | -36.46M | -28.35M | -16.76M | -4.20M |
| Stock-Based Compensation | 38.13M | 34.47M | 40.32M | 25.46M | 17.93M | 9.87M |
| Provision & Write-off of Bad Debts | 464.00K | 1.63M | -1.18M | 274.00K | 2.60M | 2.91M |
| Other Operating Activities | 105.21M | 113.97M | 24.61M | 24.54M | 36.60M | 39.92M |
| Change in Accounts Receivable | -387.29M | -112.10M | -86.58M | -119.35M | -192.11M | 136.29M |
| Change in Accounts Payable | 291.21M | 223.23M | -16.81M | 6.99M | 49.40M | -4.91M |
| Change in Income Taxes | 18.77M | -46.77M | 26.48M | -14.21M | 23.46M | -17.18M |
| Change in Other Net Operating Assets | -50.88M | -100.17M | -37.69M | -21.38M | -45.56M | -59.77M |
| Operating Cash Flow | 718.11M | 642.50M | 349.10M | 258.98M | 164.79M | 308.65M |
| Capital Expenditures | -249.44M | -240.79M | -250.46M | -218.49M | -200.96M | -157.04M |
| Sale of Property, Plant & Equipment | 16.67M | 33.63M | 39.13M | 35.23M | 17.37M | 5.36M |
| Cash Acquisitions | -1.87B | -1.63B | -183.88M | -122.90M | -350.00K | |
| Investing Cash Flow | -2.10B | -1.84B | -395.20M | -306.16M | -183.93M | -151.68M |
| Short-Term Debt Issued | 600.00M | |||||
| Long-Term Debt Issued | 2.97B | 987.38M | 763.00M | 595.00M | ||
| Total Debt Issued | 2.94B | 3.57B | 987.38M | 763.00M | 595.00M | |
| Short-Term Debt Repaid | -600.00M | |||||
| Long-Term Debt Repaid | -1.08B | -852.38M | -780.50M | -17.50M | -330.14M | |
| Total Debt Repaid | -1.14B | -1.68B | -852.38M | -780.50M | -17.50M | -330.14M |
| Net Debt Issued (Repaid) | 1.80B | 1.89B | 135.00M | -17.50M | -17.50M | 264.86M |
| Issuance of Common Stock | 1.15M | 4.56M | 2.26M | |||
| Repurchase of Common Stock | -69.38M | -46.50M | -90.64M | -59.56M | -54.48M | -112.77M |
| Other Financing Activities | -33.97M | -33.87M | -6.67M | -12.34M | ||
| Financing Cash Flow | 1.69B | 1.81B | 37.69M | -75.91M | -67.43M | 142.01M |
| Net Cash Flow | 311.62M | 616.39M | -8.42M | -123.10M | -86.57M | 298.99M |
| Free Cash Flow | 468.67M | 401.71M | 98.64M | 40.48M | -36.17M | 151.61M |
| Free Cash Flow Margin | 6.81% | 7.24% | 2.10% | 0.97% | -0.95% | 4.84% |
| Free Cash Flow Per Share | 15.63 | 13.65 | 3.35 | 1.36 | -1.21 | 4.92 |
| Levered Free Cash Flow | 326.56M | 276.47M | 99.97M | -5.58M | -62.54M | 150.66M |
| Unlevered Free Cash Flow | 389.09M | 313.86M | 133.66M | 24.31M | -39.99M | 166.90M |
| Cash Interest Paid | 86.43M | 62.30M | 57.92M | 50.68M | 37.93M | 22.08M |
| Cash Income Tax Paid | 36.79M | 84.12M | 61.54M | 96.62M | 6.92M | 8.60M |
| Change in Working Capital | -128.19M | -35.80M | -114.60M | -147.94M | -164.81M | 54.44M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.67B | 10.92B | 5.63B | 3.38B | 2.74B | 2.55B |
| Enterprise Value | 9.36B | 11.86B | 6.80B | 4.38B | 3.55B | 3.18B |
| Last Close Price | 221.05 | 364.39 | 192.84 | 115.18 | 92.73 | 84.53 |
| PE Ratio | 20.11 | 38.83 | 24.10 | 15.44 | 19.27 | 52.52 |
| Forward PE | 12.68 | 27.02 | 21.55 | 16.75 | 18.77 | 29.67 |
| PS Ratio | 0.97 | 1.97 | 1.20 | 0.81 | 0.72 | 0.81 |
| PB Ratio | 3.23 | 5.87 | 4.54 | 3.20 | 3.15 | 3.36 |
| P/TBV Ratio | 8.17 | 5.33 | 5.38 | 6.64 | ||
| P/FCF Ratio | 14.23 | 27.18 | 57.04 | 83.47 | 16.83 | |
| P/OCF Ratio | 9.28 | 17.00 | 16.12 | 13.05 | 16.63 | 8.27 |
| PEG Ratio | 0.49 | 1.42 | 1.76 | 1.06 | 1.50 | 2.37 |
| EV/Sales Ratio | 1.36 | 2.14 | 1.45 | 1.05 | 0.93 | 1.01 |
| EV/EBITDA Ratio | 10.05 | 16.63 | 12.26 | 9.02 | 10.02 | 13.56 |
| EV/EBIT Ratio | 16.89 | 26.73 | 19.10 | 13.57 | 16.87 | 38.94 |
| EV/FCF Ratio | 19.98 | 29.53 | 68.95 | 108.30 | 20.95 | |
| Debt / Equity Ratio | 1.48 | 1.61 | 0.85 | 0.84 | 1.03 | 1.19 |
| Debt / EBITDA Ratio | 2.97 | 3.77 | 1.70 | 1.61 | 2.12 | 3.04 |
| Debt / FCF Ratio | 6.50 | 7.45 | 10.71 | 21.86 | 5.95 | |
| Net Debt / Equity Ratio | 1.31 | 1.22 | 0.77 | 0.72 | 0.75 | 0.76 |
| Net Debt / EBITDA Ratio | 2.89 | 3.18 | 1.72 | 1.57 | 1.83 | 2.46 |
| Net Debt / FCF Ratio | 5.75 | 5.66 | 9.65 | 18.86 | -17.92 | 3.81 |
| Asset Turnover | 1.41 | 1.24 | 1.72 | 1.73 | 1.72 | 1.54 |
| Inventory Turnover | 40.74 | 34.47 | 31.97 | 30.08 | 32.20 | 34.62 |
| Quick Ratio | 2.21 | 2.58 | 2.63 | 2.81 | 2.89 | 3.30 |
| Current Ratio | 2.35 | 2.74 | 2.89 | 3.06 | 3.18 | 3.55 |
| Return on Equity (ROE) | 19.20% | 18.15% | 20.35% | 22.76% | 17.48% | 6.19% |
| Return on Assets (ROA) | 7.10% | 6.22% | 8.15% | 8.36% | 5.94% | 2.51% |
| Return on Invested Capital (ROIC) | 9.58% | 10.73% | 13.47% | 14.52% | 11.65% | 5.42% |
| Return on Capital Employed (ROCE) | 10.60% | 8.90% | 15.10% | 16.10% | 11.40% | 4.70% |
| Earnings Yield | 4.97% | 2.57% | 4.15% | 6.48% | 5.19% | 1.90% |
| FCF Yield | 7.03% | 3.68% | 1.75% | 1.20% | -1.32% | 5.94% |
| Buyback Yield / Dilution | -2.14% | 0.20% | 0.73% | 0.99% | 2.75% | 3.88% |