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Ducommun Inc Del Financials

DCO
Source SEC Filings (10-K/10-Q) Updated Sep 27, 2025 Currency USD FYE December

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 50 / 100
Financial Profile 50/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
33

Ducommun Inc Del has an operating margin of 6.6%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is up from 3.8% the prior year.

Growth
40

Ducommun Inc Del's revenue grew a modest 3.9% year-over-year to $786.6M. This slow but positive growth earns a score of 40/100.

Leverage
99

Ducommun Inc Del carries a low D/E ratio of 0.34, meaning only $0.34 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 3.24, Ducommun Inc Del holds $3.24 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow
13

Ducommun Inc Del's free cash flow margin of 2.5% results in a low score of 13/100. Capital expenditures of $14.1M absorb a large share of operating cash flow.

Returns
18

Ducommun Inc Del generates a 4.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is up from 2.5% the prior year.

Altman Z-Score Safe
4.34

Ducommun Inc Del scores 4.34, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.9B) relative to total liabilities ($443.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong
8/9

Ducommun Inc Del passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.09x

For every $1 of reported earnings, Ducommun Inc Del generates $1.09 in operating cash flow ($34.2M OCF vs $31.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

This page shows Ducommun Inc Del (DCO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue
$786.6M
YoY+3.9%
5Y CAGR+1.8%
10Y CAGR+0.6%

Ducommun Inc Del generated $786.6M in revenue in fiscal year 2024. This represents an increase of 3.9% from the prior year.

EBITDA
$85.6M
YoY+39.3%
5Y CAGR+0.3%
10Y CAGR+0.6%

Ducommun Inc Del's EBITDA was $85.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 39.3% from the prior year.

Free Cash Flow
$20.1M
YoY+73.7%
5Y CAGR-9.3%
10Y CAGR-5.5%

Ducommun Inc Del generated $20.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 73.7% from the prior year.

Net Income
$31.5M
YoY+97.7%
5Y CAGR-0.6%
10Y CAGR+4.7%

Ducommun Inc Del reported $31.5M in net income in fiscal year 2024. This represents an increase of 97.7% from the prior year.

EPS (Diluted)
$2.10
YoY+84.2%
5Y CAGR-5.3%
10Y CAGR+1.6%

Ducommun Inc Del earned $2.10 per diluted share (EPS) in fiscal year 2024. This represents an increase of 84.2% from the prior year.

Cash & Debt
$37.1M
YoY-13.4%
5Y CAGR-1.3%
10Y CAGR-2.0%

Ducommun Inc Del held $37.1M in cash against $230.7M in long-term debt as of fiscal year 2024.

Dividends Per Share
N/A
Shares Outstanding
15M
YoY+1.2%
5Y CAGR+5.0%

Ducommun Inc Del had 15M shares outstanding in fiscal year 2024. This represents an increase of 1.2% from the prior year.

Gross Margin
25.1%
YoY+3.5pp
5Y CAGR+4.0pp
10Y CAGR+6.2pp

Ducommun Inc Del's gross margin was 25.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.5 percentage points from the prior year.

Operating Margin
6.6%
YoY+2.8pp
5Y CAGR-1.2pp
10Y CAGR-0.3pp

Ducommun Inc Del's operating margin was 6.6% in fiscal year 2024, reflecting core business profitability. This is up 2.8 percentage points from the prior year.

Net Margin
4.0%
YoY+1.9pp
5Y CAGR-0.5pp
10Y CAGR+1.3pp

Ducommun Inc Del's net profit margin was 4.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.9 percentage points from the prior year.

Return on Equity
4.6%
YoY+2.1pp
5Y CAGR-6.5pp
10Y CAGR-3.1pp

Ducommun Inc Del's ROE was 4.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$14.1M
YoY-27.6%
5Y CAGR-5.0%
10Y CAGR-2.4%

Ducommun Inc Del invested $14.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 27.6% from the prior year.

DCO Income Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Revenue $212.6M+5.1% $202.3M+4.2% $194.1M-1.6% $197.3M+0.1% $197.0M+3.2% $190.8M-0.7% $192.2M-2.0% $196.3M
Cost of Revenue $156.1M+5.1% $148.5M+4.2% $142.5M-5.5% $150.9M+3.5% $145.8M+1.3% $143.9M-4.4% $150.5M-0.7% $151.6M
Gross Profit $56.5M+5.1% $53.7M+4.1% $51.6M+11.2% $46.4M-9.4% $51.2M+9.2% $46.9M+12.6% $41.7M-6.5% $44.6M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $36.3M+0.9% $36.0M+3.9% $34.6M+1.4% $34.1M-5.4% $36.1M+9.4% $33.0M+6.4% $31.0M-3.8% $32.2M
Operating Income -$80.0M-566.2% $17.2M+3.6% $16.6M+59.4% $10.4M-25.3% $13.9M+10.3% $12.6M+41.3% $8.9M+3.7% $8.6M
Interest Expense N/A N/A N/A N/A N/A -$3.9M+28.7% -$5.4M-1.5% -$5.4M
Income Tax -$18.5M-652.2% $3.4M+19.7% $2.8M+34937.5% $8K-99.6% $2.2M+17.7% $1.9M+241.3% -$1.3M-5246.2% $26K
Net Income -$64.4M-613.4% $12.6M+19.4% $10.5M+55.2% $6.8M-12.3% $7.7M+12.8% $6.8M+34.0% $5.1M+59.0% $3.2M
EPS (Diluted) $-4.30-624.4% $0.82+18.8% $0.69+53.3% $0.45-13.5% $0.52+13.0% $0.46+39.4% $0.33+50.0% $0.22

DCO Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Total Assets $1.2B+9.4% $1.1B+1.1% $1.1B+0.2% $1.1B-0.5% $1.1B0.0% $1.1B+1.0% $1.1B-1.9% $1.1B
Current Assets $681.4M+13.9% $598.2M+3.4% $578.5M+1.8% $568.1M-0.1% $568.7M+0.8% $563.9M+2.6% $549.6M-1.3% $556.7M
Cash & Equivalents $50.9M+37.2% $37.1M+20.8% $30.7M-17.3% $37.1M+26.3% $29.4M-8.3% $32.1M-25.2% $42.9M+57.6% $27.2M
Inventory $192.8M-2.3% $197.3M-0.1% $197.4M+0.3% $196.9M-2.5% $201.8M-3.4% $209.0M+4.9% $199.2M-7.4% $215.2M
Accounts Receivable $111.3M-7.0% $119.7M+0.4% $119.2M+8.6% $109.7M+2.9% $106.6M+2.0% $104.5M-0.2% $104.7M+0.1% $104.6M
Goodwill $244.6M0.0% $244.6M0.0% $244.6M0.0% $244.6M0.0% $244.6M0.0% $244.6M0.0% $244.6M0.0% $244.6M
Total Liabilities $599.5M+38.5% $433.0M-0.6% $435.6M-1.8% $443.6M-6.7% $475.6M-2.2% $486.5M+0.3% $484.8M-4.4% $506.9M
Current Liabilities $334.3M+81.2% $184.5M+6.4% $173.4M-1.2% $175.5M-5.7% $186.0M-1.3% $188.5M+2.6% $183.7M-3.4% $190.1M
Long-Term Debt $215.6M-1.4% $218.8M-5.2% $230.7M0.0% $230.7M-8.4% $251.9M-1.2% $255.1M-1.2% $258.2M-3.1% $266.3M
Total Equity $649.0M-8.3% $707.8M+2.1% $693.0M+1.5% $682.5M+4.1% $655.9M+1.6% $645.5M+1.5% $636.1M+0.1% $635.4M
Retained Earnings $412.1M-13.5% $476.5M+2.7% $464.0M+2.3% $453.5M+3.9% $436.6M+1.8% $428.8M+1.6% $422.0M+1.2% $416.9M

DCO Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Operating Cash Flow $18.1M-19.2% $22.4M+2806.6% $771K-95.8% $18.4M+432.2% $3.5M+310.1% -$1.6M-106.2% $26.5M+85.1% $14.3M
Capital Expenditures $2.1M-51.0% $4.3M-11.4% $4.8M+25.1% $3.8M+16.0% $3.3M-33.3% $5.0M+42.5% $3.5M-31.7% $5.1M
Free Cash Flow $16.0M-11.8% $18.1M+548.6% -$4.0M-127.7% $14.6M+10021.5% $144K+102.2% -$6.6M-128.8% $23.0M+149.9% $9.2M
Investing Cash Flow -$2.1M+6.2% -$2.2M+54.6% -$4.8M-32.8% -$3.6M-9.3% -$3.3M+33.3% -$5.0M-42.5% -$3.5M+26.3% -$4.7M
Financing Cash Flow -$2.2M+83.8% -$13.8M-485.6% -$2.4M+84.2% -$14.9M-432.1% -$2.8M+32.8% -$4.2M+43.1% -$7.3M-41.3% -$5.2M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

DCO Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Gross Margin 26.6%0.0pp 26.6%0.0pp 26.6%+3.1pp 23.5%-2.5pp 26.0%+1.4pp 24.6%+2.9pp 21.7%-1.0pp 22.7%
Operating Margin -37.7%-46.2pp 8.5%-0.1pp 8.5%+3.3pp 5.3%-1.8pp 7.1%+0.5pp 6.6%+2.0pp 4.7%+0.3pp 4.4%
Net Margin -30.3%-36.5pp 6.2%+0.8pp 5.4%+2.0pp 3.4%-0.5pp 3.9%+0.3pp 3.6%+0.9pp 2.7%+1.0pp 1.6%
Return on Equity N/A 1.8%+0.3pp 1.5%+0.5pp 1.0%-0.2pp 1.2%+0.1pp 1.1%+0.3pp 0.8%+0.3pp 0.5%
Return on Assets -5.2%-6.3pp 1.1%+0.2pp 0.9%+0.3pp 0.6%-0.1pp 0.7%+0.1pp 0.6%+0.2pp 0.5%+0.2pp 0.3%
Current Ratio 2.04-1.2 3.24-0.1 3.34+0.1 3.24+0.2 3.06+0.1 2.990.0 2.99+0.1 2.93
Debt-to-Equity 0.33+0.0 0.31-0.0 0.330.0 0.34-0.0 0.38-0.0 0.40-0.0 0.41-0.0 0.42
FCF Margin 7.5%-1.4pp 9.0%+11.1pp -2.1%-9.5pp 7.4%+7.3pp 0.1%+3.5pp -3.5%-15.4pp 12.0%+7.3pp 4.7%

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Frequently Asked Questions

What is Ducommun Inc Del's annual revenue?

Ducommun Inc Del (DCO) reported $786.6M in total revenue for fiscal year 2024. This represents a 3.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Ducommun Inc Del's revenue growing?

Ducommun Inc Del (DCO) revenue grew by 3.9% year-over-year, from $757.0M to $786.6M in fiscal year 2024.

Is Ducommun Inc Del profitable?

Yes, Ducommun Inc Del (DCO) reported a net income of $31.5M in fiscal year 2024, with a net profit margin of 4.0%.

What is Ducommun Inc Del's earnings per share (EPS)?

Ducommun Inc Del (DCO) reported diluted earnings per share of $2.10 for fiscal year 2024. This represents a 84.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Ducommun Inc Del's EBITDA?

Ducommun Inc Del (DCO) had EBITDA of $85.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Ducommun Inc Del have?

As of fiscal year 2024, Ducommun Inc Del (DCO) had $37.1M in cash and equivalents against $230.7M in long-term debt.

What is Ducommun Inc Del's gross margin?

Ducommun Inc Del (DCO) had a gross margin of 25.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ducommun Inc Del's operating margin?

Ducommun Inc Del (DCO) had an operating margin of 6.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Ducommun Inc Del's net profit margin?

Ducommun Inc Del (DCO) had a net profit margin of 4.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Ducommun Inc Del's return on equity (ROE)?

Ducommun Inc Del (DCO) has a return on equity of 4.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Ducommun Inc Del's free cash flow?

Ducommun Inc Del (DCO) generated $20.1M in free cash flow during fiscal year 2024. This represents a 73.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Ducommun Inc Del's operating cash flow?

Ducommun Inc Del (DCO) generated $34.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Ducommun Inc Del's total assets?

Ducommun Inc Del (DCO) had $1.1B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Ducommun Inc Del's capital expenditures?

Ducommun Inc Del (DCO) invested $14.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Ducommun Inc Del have outstanding?

Ducommun Inc Del (DCO) had 15M shares outstanding as of fiscal year 2024.

What is Ducommun Inc Del's current ratio?

Ducommun Inc Del (DCO) had a current ratio of 3.24 as of fiscal year 2024, which is generally considered healthy.

What is Ducommun Inc Del's debt-to-equity ratio?

Ducommun Inc Del (DCO) had a debt-to-equity ratio of 0.34 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ducommun Inc Del's return on assets (ROA)?

Ducommun Inc Del (DCO) had a return on assets of 2.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Ducommun Inc Del's Altman Z-Score?

Ducommun Inc Del (DCO) has an Altman Z-Score of 4.34, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Ducommun Inc Del's Piotroski F-Score?

Ducommun Inc Del (DCO) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Ducommun Inc Del's earnings high quality?

Ducommun Inc Del (DCO) has an earnings quality ratio of 1.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Ducommun Inc Del?

Ducommun Inc Del (DCO) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.