What is Dycom Industries, Inc.'s earnings per share (EPS)?

Dycom Industries, Inc. (DY) reported diluted earnings per share of $9.56 for fiscal year 2026. This represents a 20.7% 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.

Dycom Industries (DY) Financials

DY NYSE

Trailing 12 months to August 1, 2026

Revenue $6.9B +37.8% YoY

Net Income $329.6M +26.3% YoY

EPS (Diluted) $10.95 +23.0% YoY

Free Cash Flow $468.7M +280.3% YoY

Market Cap $6.9B as of Oct 26, 2026

Price / Sales 1.0x on $6.9B revenue, trailing 12 months to August 1, 2026

Price / Earnings 20.9x on $329.6M net income, trailing 12 months to August 1, 2026

Price / Book 3.3x on $2.1B equity, Q2 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2027, ended Aug 1, 2026 Reported Aug 27, 2026 Currency USD FYE January

Newest figures come from the 10-Q for Q2 FY2027, filed Aug 27, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DY SEC filings page.

Dycom Industries, Inc. (DY) reported $6.9B in revenue over the twelve months to Aug 1, 2026, up 37.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI DY FY2026 2026-10-24

FY2026 shows a larger, more cash-generative contractor, with margin gains increasingly accompanied by a materially heavier debt structure.

The key shift is cash conversion: operating cash flow rose 84.0% in FY2026 while net income rose 20.5%, so cash generation outpaced accounting earnings. Free cash flow then rose 307.3% as capital expenditures fell 3.9%, meaning the cash improvement reflected both stronger operating inflows and a lighter reinvestment burden—not profit growth alone.

The business is widening its gross spread rather than merely growing volume: gross margin reached 20.6% in FY2026, up 3.5 percentage points from FY2023. That expansion, alongside revenue growing faster than cost of revenue, points to improved job economics and some fixed-cost absorption.

The balance sheet expanded much faster than the income statement: total assets rose 103.0% while total liabilities rose 141.5% in FY2026, shifting the financing mix toward creditors. Long-term debt reached $2.8B and debt-to-equity was 1.5x; growth therefore came with a more leveraged financing structure.

Financial Health Signals

Financial Health Score 58/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Dycom Industries, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

Dycom Industries, Inc.'s revenue surged 17.9% year-over-year to $5.5B, reflecting rapid business expansion. This strong growth earns a score of 76/100.

Leverage

Dycom Industries, Inc. has a moderate D/E ratio of 1.51. This balance of debt and equity financing earns a leverage score of 37/100.

Liquidity

With a current ratio of 2.74, Dycom Industries, Inc. holds $2.74 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 74/100.

Cash Flow

Dycom Industries, Inc. has a free cash flow margin of 7.2%, earning a moderate score of 43/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Dycom Industries, Inc. earns a strong 15.1% return on equity (ROE), meaning it generates $15 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 66/100. This is down from 18.8% the prior year.

Piotroski F-Score Neutral

4/9

Dycom Industries, Inc. passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.

Earnings Quality Cash-Backed

2.28x

For every $1 of reported earnings, Dycom Industries, Inc. generates $2.28 in operating cash flow ($642.5M OCF vs $281.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.0B

YoY+45.6%

QoQ+2.1%

5Y CAGR+20.6%

10Y CAGR+9.8%

Dycom Industries, Inc. generated $2.0B in revenue in Q2 2027. This represents an increase of 45.6% from the same quarter a year earlier. Against the prior quarter it is up 2.1%.

Net Income

$115.6M

YoY+18.6%

QoQ+26.7%

5Y CAGR+44.8%

10Y CAGR+8.9%

Dycom Industries, Inc. reported $115.6M in net income in Q2 2027. This represents an increase of 18.6% from the same quarter a year earlier. Against the prior quarter it is up 26.7%.

EPS (Diluted)

$3.81

YoY+14.4%

QoQ+27.0%

5Y CAGR+45.2%

10Y CAGR+9.5%

Dycom Industries, Inc. earned $3.81 per diluted share (EPS) in Q2 2027. This represents an increase of 14.4% from the same quarter a year earlier. Against the prior quarter it is up 27.0%.

EBITDA

Not reported for Q2 2027.

Cash & Balance Sheet

Free Cash Flow

$34.1M

YoY+493.4%

QoQn/m

5Y CAGRn/m

10Y CAGR-13.7%

Dycom Industries, Inc. generated $34.1M in free cash flow in Q2 2027, representing cash available after capex. This represents an increase of 493.4% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt

$340.1M

YoY+1094.9%

QoQ-36.9%

5Y CAGR+5.4%

10Y CAGR+26.0%

Dycom Industries, Inc. held $340.1M in cash against $2.8B in long-term debt as of Q2 2027.

Shares Outstanding

30M

YoY+4.2%

QoQ+0.4%

5Y CAGR0.0%

10Y CAGR-0.4%

Dycom Industries, Inc. had 30M shares outstanding in Q2 2027. This represents an increase of 4.2% from the same quarter a year earlier. Against the prior quarter it is up 0.4%.

Dividends Per Share

Not reported for Q2 2027.

Margins & Returns

Gross Margin

22.0%

YoY-0.4pp

QoQ+2.3pp

5Y change+4.7pp

10Y change-1.3pp

Dycom Industries, Inc.'s gross margin was 22.0% in Q2 2027, indicating the percentage of revenue retained after direct costs. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.

Net Margin

5.8%

YoY-1.3pp

QoQ+1.1pp

5Y change+3.5pp

10Y change-0.5pp

Dycom Industries, Inc.'s net profit margin was 5.8% in Q2 2027, showing the share of revenue converted to profit. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.

Return on Equity

5.6%

YoY-1.5pp

QoQ+0.8pp

5Y change+3.3pp

10Y change-3.3pp

Dycom Industries, Inc.'s quarterly ROE was 5.6% in Q2 2027: one quarter's net income over shareholder equity, not annualized. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.

Operating Margin

Not reported for Q2 2027.

Capital Allocation

Share Buybacks

YoYn/m

QoQ-100.0%

Dycom Industries, Inc. repurchased no shares in Q2 2027. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 100.0%.

Capital Expenditures

$69.5M

YoY+34.5%

QoQ-1.1%

5Y CAGR+13.6%

10Y CAGR+3.9%

Dycom Industries, Inc. invested $69.5M in capex in Q2 2027, funding long-term assets and infrastructure. This represents an increase of 34.5% from the same quarter a year earlier. Against the prior quarter it is down 1.1%.

R&D Spending

Not reported for Q2 2027.

DY Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DY quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$6.9B	$5.5B+17.9%	$4.7B+12.6%	$4.2B+9.6%	$3.8B+21.7%	$3.1B-2.1%	$3.2B-4.2%	$3.3B+6.8%	$3.1B	$3.1B+14.8%	$2.7B+32.2%	$2.0B+11.6%	$1.8B+12.6%	$1.6B+33.9%	$1.2B+16.0%	$1.0B
Cost of Revenue	$5.5B	$4.4B+16.9%	$3.8B+12.1%	$3.4B+6.4%	$3.2B+20.0%	$2.6B-0.3%	$2.6B-5.0%	$2.8B+8.5%	$2.6B	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$1.4B	$1.1B+22.3%	$932.1M+14.5%	$813.8M+25.5%	$648.2M+30.5%	$496.6M-10.9%	$557.2M-0.5%	$560.0M-0.9%	$565.3M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$499.2M	$445.5M+13.3%	$393.0M+19.9%	$327.7M+11.7%	$293.5M+11.8%	$262.4M+1.0%	$259.8M+2.0%	$254.6M-5.4%	$269.1M	$239.2M+10.2%	$217.1M+21.5%	$178.7M+10.4%	$161.9M+11.0%	$145.8M+40.1%	$104.0M+9.9%	$94.6M
Income Tax	$89.3M	$86.7M+16.5%	$74.4M+1.8%	$73.1M+92.8%	$37.9M+802.2%	$4.2M-83.1%	$24.9M+16.7%	$21.3M-15.2%	$25.1M	$93.2M+20.1%	$77.6M+51.4%	$51.3M+94.6%	$26.3M+14.5%	$23.0M-8.6%	$25.2M+103.5%	$12.4M
Net Income	$329.6M	$281.2M+20.5%	$233.4M+6.6%	$218.9M+53.9%	$142.2M+192.8%	$48.6M+41.5%	$34.3M-40.0%	$57.2M-9.0%	$62.9M	$157.2M+22.1%	$128.7M+52.7%	$84.3M+110.9%	$40.0M+13.6%	$35.2M-10.6%	$39.4M+144.5%	$16.1M
EPS (Basic)	N/A	$9.68+20.7%	$8.02+7.5%	$7.46+55.1%	$4.81+200.6%	$1.60+48.1%	$1.08-40.7%	$1.82-9.5%	$2.01	$5.01+25.9%	$3.98+60.5%	$2.48+110.2%	$1.18+10.3%	$1.07-8.5%	$1.17+154.3%	$0.46
EPS (Diluted)	$10.95	$9.56+20.7%	$7.92+7.5%	$7.37+55.5%	$4.74+201.9%	$1.57+46.7%	$1.07-40.6%	$1.80-8.6%	$1.97	$4.92+26.5%	$3.89+61.4%	$2.41+109.6%	$1.15+10.6%	$1.04-8.8%	$1.14+153.3%	$0.45
Diluted Shares (Avg)	N/A	29M-0.2%	29M-0.7%	30M-1.0%	30M-2.7%	31M-3.9%	32M+0.8%	32M-0.5%	32M	32M-3.4%	33M-5.5%	35M+0.6%	35M+3.1%	34M-2.0%	34M-3.6%	36M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Revenue	$2.0B+45.6%	$2.0B+56.1%	$1.5B+34.4%	$1.5B+14.1%	$1.4B+14.5%	$1.3B+10.2%	$1.1B+13.9%	$1.3B+12.0%
Cost of Revenue	$1.6B+46.2%	$1.6B+56.1%	$1.2B+34.3%	$1.1B+12.3%	$1.1B+12.3%	$1.0B+9.7%	$887.9M+12.2%	$1.0B+13.6%
Gross Profit	$440.6M+43.3%	$386.7M+56.3%	$264.9M+34.8%	$320.2M+21.0%	$307.5M+22.9%	$247.5M+12.1%	$196.6M+22.0%	$264.6M+6.1%
SG&A Expenses	$132.9M+24.5%	$131.3M+26.6%	$127.7M+44.9%	$107.3M-3.1%	$106.8M+7.2%	$103.7M+9.7%	$88.1M	$110.8M+26.6%
Income Tax	$38.3M+14.0%	$15.4M-12.1%	$1.6M-86.1%	$33.9M+57.6%	$33.6M+27.3%	$17.6M+17.9%	$11.6M	$21.5M-24.9%
Net Income	$115.6M+18.6%	$91.3M+49.5%	$16.3M-50.1%	$106.4M+52.4%	$97.5M+42.5%	$61.0M-2.4%	$32.7M+39.5%	$69.8M-16.7%
EPS (Basic)	$3.84+13.9%	$3.05+44.5%	$0.53-53.1%	$3.67+53.6%	$3.37+43.4%	$2.11-1.9%	$1.13+41.2%	$2.39-16.1%
EPS (Diluted)	$3.81+14.4%	$3.00+43.5%	$0.51-54.1%	$3.63+53.2%	$3.33+43.5%	$2.09-1.4%	$1.11+40.5%	$2.37-16.0%
Diluted Shares (Avg)	30M+3.8%	30M+3.8%	N/A	29M-0.5%	29M-0.7%	29M-1.0%	N/A	29M-0.7%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA, Interest Expense.

DY Balance Sheet

DY quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$6.0B+103.0%	$2.9B+17.0%	$2.5B+8.8%	$2.3B+9.2%	$2.1B+9.0%	$1.9B-12.3%	$2.2B+5.7%	$2.1B	$1.9B+10.4%	$1.7B+27.0%	$1.4B+11.7%	$1.2B+5.0%	$1.2B+49.5%	$772.2M+6.5%	$724.8M
Current Assets	$2.8B+62.7%	$1.7B+9.3%	$1.6B+3.8%	$1.5B+10.1%	$1.4B+16.0%	$1.2B-7.1%	$1.3B+14.8%	$1.1B	$938.5M+10.3%	$851.2M+22.2%	$696.6M+15.0%	$605.7M+11.9%	$541.1M+43.6%	$376.9M+14.1%	$330.3M
Cash & Equivalents	$709.2M+665.3%	$92.7M-8.3%	$101.1M-54.9%	$224.2M-27.9%	$310.8M+2540.2%	$11.8M-78.4%	$54.6M-57.5%	$128.3M	$38.6M+14.3%	$33.8M+58.7%	$21.3M+3.0%	$20.7M+11.1%	$18.6M-64.6%	$52.6M+17.5%	$44.8M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Inventory	$128.3M+0.9%	$127.3M+17.2%	$108.6M-5.6%	$115.0M+41.4%	$81.3M+14.7%	$70.8M-27.9%	$98.3M+4.2%	$94.4M	$83.2M+13.0%	$73.6M+51.3%	$48.6M-0.9%	$49.1M+36.4%	$36.0M+37.0%	$26.3M+27.8%	$20.6M
Accounts Receivable	$1.7B+23.5%	$1.4B+10.5%	$1.2B+16.5%	$1.1B+19.1%	$895.9M+4.4%	$858.1M+5.0%	$817.2M+30.7%	$625.3M	$369.8M+12.7%	$328.0M+4.1%	$315.1M+15.5%	$272.7M+8.1%	$252.2M+77.9%	$141.8M+2.3%	$138.6M
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$1.4B+337.0%	$330.3M+5.9%	$312.0M+14.5%	$272.5M0.0%	$272.5M0.0%	$272.5M-16.4%	$325.7M0.0%	$325.7M	$321.7M+3.7%	$310.2M+14.2%	$271.7M+1.0%	$269.1M+0.5%	$267.8M+53.2%	$174.8M0.0%	$174.8M
Total Liabilities	$4.1B+141.5%	$1.7B+16.7%	$1.5B+1.2%	$1.4B+6.2%	$1.4B+20.0%	$1.1B-16.0%	$1.3B+4.3%	$1.3B	$1.2B+5.6%	$1.2B+37.3%	$846.7M+16.4%	$727.4M+0.2%	$725.8M+91.4%	$379.3M+1.7%	$372.9M
Current Liabilities	$1.0B+71.5%	$587.2M+16.0%	$506.3M+7.8%	$469.6M+23.0%	$381.8M-14.9%	$448.5M+38.8%	$323.0M+13.3%	$285.0M	$318.5M-1.3%	$322.6M+42.3%	$226.7M+15.4%	$196.5M-1.6%	$199.8M+74.4%	$114.6M-3.3%	$118.5M
Non-Current Liabilities	$3.1B+178.2%	$1.1B+17.1%	$955.9M-2.0%	$974.9M-0.3%	$977.9M+42.9%	$684.4M-33.3%	$1.0B+1.8%	$1.0B	$909.2M+8.3%	$839.8M+35.4%	$620.0M+16.8%	$530.9M+0.9%	$526.0M+98.7%	$264.7M+4.1%	$254.4M
Long-Term Debt	$2.8B+201.2%	$933.2M+17.9%	$791.4M-2.0%	$807.4M-1.9%	$823.3M+64.1%	$501.6M-40.6%	$844.4M-2.7%	$867.6M	$738.3M+4.5%	$706.2M+36.6%	$516.9M+15.7%	$446.9M+0.6%	$444.2M+136.9%	$187.5M0.0%	$187.6M
Total Equity	$1.9B+50.0%	$1.2B+17.5%	$1.1B+21.4%	$868.8M+14.5%	$758.5M-6.5%	$811.3M-6.6%	$868.6M+8.0%	$804.2M	$671.6M+20.5%	$557.3M+9.9%	$507.2M+4.6%	$484.9M+13.2%	$428.4M+9.0%	$392.9M+11.7%	$351.9M
Retained Earnings	$1.5B+20.2%	$1.2B+17.3%	$1.0B+21.7%	$855.1M+14.3%	$748.4M-6.5%	$800.6M-3.5%	$829.7M+7.4%	$772.5M	$652.3M+21.3%	$537.9M+26.2%	$426.3M+24.7%	$341.9M+13.2%	$302.0M+13.2%	$266.8M+17.3%	$227.4M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Total Assets	$6.5B+103.1%	$6.2B+99.0%	$6.0B+103.0%	$3.3B+6.7%	$3.2B+15.8%	$3.1B+18.9%	$2.9B+17.0%	$3.1B+16.9%
Current Assets	$3.1B+57.4%	$3.0B+62.8%	$2.8B+62.7%	$2.0B+6.8%	$1.9B+10.1%	$1.8B+12.2%	$1.7B+9.3%	$1.9B+11.0%
Cash & Equivalents	$340.1M+1094.9%	$538.8M+3242.8%	$709.2M+665.3%	$110.1M+621.1%	$28.5M+45.5%	$16.1M-38.3%	$92.7M-8.3%	$15.3M-2.5%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Inventory	$145.9M+19.0%	$143.3M+7.8%	$128.3M+0.9%	$120.1M+3.5%	$122.6M+21.0%	$133.0M+27.9%	$127.3M+17.2%	$116.0M+1.7%
Accounts Receivable	$2.3B+43.4%	$2.0B+29.6%	$1.7B+23.5%	$1.6B-4.5%	$1.6B+5.3%	$1.5B+11.3%	$1.4B+10.5%	$1.7B+13.7%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$1.6B+380.7%	$1.5B+340.9%	$1.4B+337.0%	$332.6M+0.1%	$332.6M+3.8%	$330.5M+4.8%	$330.3M+5.9%	$332.4M+7.2%
Total Liabilities	$4.5B+141.9%	$4.3B+133.0%	$4.1B+141.5%	$1.8B-2.1%	$1.9B+14.1%	$1.8B+20.1%	$1.7B+16.7%	$1.9B+16.8%
Current Liabilities	$1.3B+112.2%	$1.1B+81.9%	$1.0B+71.5%	$656.5M+7.9%	$612.7M+19.9%	$631.8M+23.0%	$587.2M+16.0%	$608.5M+24.5%
Non-Current Liabilities	$3.2B+156.7%	$3.1B+159.8%	$3.1B+178.2%	$1.2B-6.9%	$1.2B+11.5%	$1.2B+18.6%	$1.1B+17.1%	$1.3B+13.5%
Long-Term Debt	$2.8B+176.6%	$2.8B+176.1%	$2.8B+201.2%	$919.5M-15.9%	$1.0B+7.1%	$1.0B+20.8%	$933.2M+17.9%	$1.1B+15.1%
Total Equity	$2.1B+50.7%	$1.9B+49.7%	$1.9B+50.0%	$1.5B+20.2%	$1.4B+18.2%	$1.3B+17.2%	$1.2B+17.5%	$1.2B+17.1%
Retained Earnings	$1.7B+24.5%	$1.6B+25.0%	$1.5B+20.2%	$1.5B+20.8%	$1.3B+18.9%	$1.2B+17.3%	$1.2B+17.3%	$1.2B+17.0%

DY Cash Flow Statement

DY quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$718.1M	$642.5M+84.0%	$349.1M+34.8%	$259.0M+57.2%	$164.8M-46.6%	$308.7M-19.2%	$381.8M+558.2%	$58.0M-53.4%	$124.4M	$256.4M-7.0%	$275.7M+94.3%	$141.9M+68.6%	$84.2M-21.1%	$106.7M+63.9%	$65.1M+48.5%	$43.9M
Depreciation & Amortization	N/A	$269.6M+35.8%	$198.6M+21.8%	$163.1M+13.1%	$144.2M-5.5%	$152.7M-13.2%	$175.9M-6.2%	$187.6M+4.4%	$179.6M	$147.9M+18.4%	$124.9M+30.1%	$96.0M+3.5%	$92.8M+8.5%	$85.5M+36.3%	$62.7M+0.3%	$62.5M
Stock-Based Compensation	N/A	$34.5M-14.5%	$40.3M+58.4%	$25.5M+42.0%	$17.9M+81.7%	$9.9M-22.7%	$12.8M+27.3%	$10.0M-50.3%	$20.2M	$20.8M+23.5%	$16.9M+21.0%	$13.9M+10.5%	$12.6M+27.2%	$9.9M+46.0%	$6.8M+53.8%	$4.4M
Capital Expenditures	$249.4M	$240.8M-3.9%	$250.5M+14.6%	$218.5M+8.7%	$201.0M+28.0%	$157.0M+170.5%	$58.0M-51.9%	$120.6M-26.9%	$165.0M	$201.2M+8.2%	$186.0M+80.6%	$103.0M+15.6%	$89.1M+37.9%	$64.7M-16.7%	$77.6M+26.3%	$61.5M
Free Cash Flow	$468.7M	$401.7M+307.3%	$98.6M+143.6%	$40.5Mn/m	-$36.2M-123.9%	$151.6M-53.2%	$323.7Mn/m	-$62.6Mn/m	-$40.5M	$55.2M-38.4%	$89.7M+130.6%	$38.9Mn/m	-$5.0M-111.8%	$42.1Mn/m	-$12.5Mn/m	-$17.6M
Investing Cash Flow	-$2.1B	-$1.8Bn/m	-$395.2Mn/m	-$306.2Mn/m	-$183.9Mn/m	-$151.7Mn/m	-$44.6Mn/m	-$101.2Mn/m	-$161.4M	-$208.7Mn/m	-$332.7Mn/m	-$130.1Mn/m	-$91.1Mn/m	-$389.1Mn/m	-$51.9Mn/m	-$85.4M
Financing Cash Flow	$1.7B	$1.8B+4701.9%	$37.7Mn/m	-$75.9Mn/m	-$67.4M-147.5%	$142.0Mn/m	-$383.4Mn/m	-$31.1M-138.4%	$80.9M	-$42.5M-160.8%	$69.9Mn/m	-$11.2M-224.8%	$9.0M-96.4%	$248.3Mn/m	-$5.4Mn/m	-$17.0M
Share Buybacks	$36.0M	$30.2M-54.0%	$65.6M+32.2%	$49.7M+1.9%	$48.7M-54.1%	$106.1M+6.1%	$100.0Mn/m	$0n/m	$0	$62.9M-63.0%	$170.0M+95.1%	$87.1M+771.5%	$10.0M-34.2%	$15.2M+17.3%	$13.0M-79.9%	$64.5M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Operating Cash Flow	$103.7M+80.5%	-$24.6Mn/m	$419.0M+27.7%	$220.0M+234.4%	$57.4Mn/m	-$54.0Mn/m	$328.2M+1.0%	$65.8Mn/m
Depreciation & Amortization	$115.6M+90.0%	$111.6M+91.2%	$88.2M+60.9%	$62.2M+19.5%	$60.9M+30.7%	$58.4M+29.2%	$54.8M+20.9%	$52.0M+22.3%
Stock-Based Compensation	N/A	$10.6M+16.2%	N/A	$7.1M0.0%	N/A	$9.1M+16.3%	N/A	$7.1M
Capital Expenditures	$69.5M+34.5%	$70.3M-11.6%	$54.4M-20.6%	$55.2M-26.0%	$51.7M-21.0%	$79.5M+89.5%	$68.5M+19.4%	$74.6M+10.9%
Free Cash Flow	$34.1M+493.4%	-$94.9Mn/m	$364.6M+40.4%	$164.8Mn/m	$5.8Mn/m	-$133.5Mn/m	$259.7M-3.0%	-$8.8Mn/m
Investing Cash Flow	-$291.2Mn/m	-$80.4Mn/m	-$1.7Bn/m	-$47.6Mn/m	-$39.1Mn/m	-$68.6Mn/m	-$59.8Mn/m	-$216.5Mn/m
Financing Cash Flow	-$11.2Mn/m	-$65.4M-242.4%	$1.9Bn/m	-$90.8M-162.0%	-$6.0M-107.7%	$45.9M+881.7%	-$191.0Mn/m	$146.4M-2.1%
Share Buybacks	$0n/m	$36.0M+19.1%	$0-100.0%	$0n/m	$0n/m	$30.2M+1.3%	$35.9M+22.1%	$0n/m

Not reported in any period shown, so not listed: Dividends Paid.

DY Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DY quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	20.6%+0.7pp	19.8%+0.3pp	19.5%+2.5pp	17.0%+1.2pp	15.9%-1.6pp	17.4%+0.7pp	16.8%-1.3pp	18.1%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	5.1%+0.1pp	5.0%-0.3pp	5.2%+1.5pp	3.7%+2.2pp	1.6%+0.5pp	1.1%-0.6pp	1.7%-0.3pp	2.0%	5.1%+0.3pp	4.8%+0.6pp	4.2%+2.0pp	2.2%0.0pp	2.2%-1.1pp	3.3%+1.7pp	1.6%
Return on Equity	15.1%-3.7pp	18.8%-1.9pp	20.8%+4.4pp	16.4%+10.0pp	6.4%+2.2pp	4.2%-2.4pp	6.6%-1.2pp	7.8%	23.4%+0.3pp	23.1%+6.5pp	16.6%+8.4pp	8.2%0.0pp	8.2%-1.8pp	10.0%+5.4pp	4.6%
Return on Assets	4.7%-3.2pp	7.9%-0.8pp	8.7%+2.5pp	6.2%+3.9pp	2.3%+0.5pp	1.8%-0.8pp	2.6%-0.4pp	3.0%	8.3%+0.8pp	7.5%+1.3pp	6.2%+2.9pp	3.3%+0.3pp	3.0%-2.0pp	5.1%+2.9pp	2.2%
Current Ratio	2.74-0.1x	2.89-0.2x	3.06-0.1x	3.18-0.4x	3.55+0.9x	2.61-1.3x	3.900.0x	3.85	2.95+0.3x	2.64-0.4x	3.070.0x	3.08+0.4x	2.71-0.6x	3.29+0.5x	2.79
Debt-to-Equity	1.51+0.8x	0.750.0x	0.75-0.2x	0.93-0.2x	1.09+0.5x	0.62-0.4x	0.97-0.1x	1.08	1.10-0.2x	1.27+0.2x	1.02+0.1x	0.92-0.1x	1.04+0.6x	0.48-0.1x	0.53
Liabilities-to-Equity	2.22+0.8x	1.380.0x	1.39-0.3x	1.66-0.1x	1.79+0.4x	1.40-0.2x	1.55-0.1x	1.61	1.83-0.3x	2.09+0.4x	1.67+0.2x	1.50-0.2x	1.69+0.7x	0.97-0.1x	1.06
Asset Turnover	0.93-0.7x	1.60-0.1x	1.660.0x	1.65+0.2x	1.48-0.2x	1.65+0.1x	1.510.0x	1.49	1.61+0.1x	1.55+0.1x	1.490.0x	1.49+0.1x	1.39-0.2x	1.56+0.1x	1.43
FCF Margin	7.2%+5.1pp	2.1%+1.1pp	1.0%+1.9pp	-0.9%-5.8pp	4.8%-5.3pp	10.1%+12.0pp	-1.9%-0.6pp	-1.3%	1.8%-1.6pp	3.4%+1.4pp	1.9%+2.2pp	-0.3%-2.9pp	2.6%+3.7pp	-1.0%+0.7pp	-1.7%

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Gross Margin	22.0%-0.4pp	19.7%0.0pp	18.2%+0.1pp	22.1%+1.3pp	22.3%+1.5pp	19.7%+0.3pp	18.1%+1.2pp	20.8%-1.2pp
Net Margin	5.8%-1.3pp	4.7%-0.2pp	1.1%-1.9pp	7.3%+1.8pp	7.1%+1.4pp	4.9%-0.6pp	3.0%+0.5pp	5.5%-1.9pp
Return on Equity	5.6%-1.5pp	4.8%0.0pp	0.9%-1.8pp	7.2%+1.5pp	7.1%+1.2pp	4.8%-1.0pp	2.6%+0.4pp	5.7%-2.3pp
Return on Assets	1.8%-1.3pp	1.5%-0.5pp	0.3%-0.8pp	3.2%+1.0pp	3.0%+0.6pp	2.0%-0.4pp	1.1%+0.2pp	2.2%-0.9pp
Current Ratio	2.35-0.8x	2.58-0.3x	2.74-0.1x	3.090.0x	3.16-0.3x	2.89-0.3x	2.89-0.2x	3.12-0.4x
Debt-to-Equity	1.35+0.6x	1.48+0.7x	1.51+0.8x	0.62-0.3x	0.74-0.1x	0.800.0x	0.750.0x	0.890.0x
Liabilities-to-Equity	2.17+0.8x	2.26+0.8x	2.22+0.8x	1.24-0.3x	1.350.0x	1.450.0x	1.380.0x	1.520.0x
Asset Turnover	0.31-0.1x	0.32-0.1x	0.24-0.1x	0.440.0x	0.430.0x	0.410.0x	0.370.0x	0.410.0x
FCF Margin	1.7%+1.3pp	-4.8%+5.8pp	25.0%+1.1pp	11.3%+12.0pp	0.4%+6.5pp	-10.6%-3.6pp	23.9%-4.2pp	-0.7%+8.5pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Dycom Industries, Inc. DY	FY2026	$5.5B	$281.2M	5.1%	$6.9B	58/100
IES Holdings, Inc. IESC	FY2025	$3.4B	$306.0M	9.1%	$9.1B	70/100
Construction Partners, Inc. ROAD	FY2025	$2.8B	$101.8M	3.6%	$4.7B	54/100
Primoris Services Corporation PRIM	FY2025	$7.6B	$274.9M	3.6%	$3.5B	63/100
Fluor Corporation FLR	FY2025	$15.5B	-$51.0M	-0.3%	$5.9B	38/100
KBR, Inc. KBR	FY2025	$7.8B	$415.0M	5.3%	$4.9B	49/100

Where Dycom Industries, Inc. Ranks

Frequently Asked Questions

What is Dycom Industries, Inc.'s annual revenue?

Dycom Industries, Inc. (DY) reported $5.5B in total revenue for fiscal year 2026. This represents a 17.9% 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 Dycom Industries, Inc.'s revenue growing?

Dycom Industries, Inc. (DY) revenue grew by 17.9% year-over-year, from $4.7B to $5.5B in fiscal year 2026.

Is Dycom Industries, Inc. profitable?

Yes, Dycom Industries, Inc. (DY) reported a net income of $329.6M over the trailing 12 months to August 1, 2026. In fiscal year 2026 it reported a net income of $281.2M, with a net profit margin of 5.1%.

How much debt does Dycom Industries, Inc. have?

As of fiscal year 2026, Dycom Industries, Inc. (DY) had $709.2M in cash and equivalents against $2.8B in long-term debt.

What is Dycom Industries, Inc.'s gross margin?

Dycom Industries, Inc. (DY) had a gross margin of 20.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Dycom Industries, Inc.'s net profit margin?

Dycom Industries, Inc. (DY) had a net profit margin of 5.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Dycom Industries, Inc.'s return on equity (ROE)?

Dycom Industries, Inc. (DY) has a return on equity of 15.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Dycom Industries, Inc.'s free cash flow?

Dycom Industries, Inc. (DY) generated $401.7M in free cash flow during fiscal year 2026. This represents a 307.3% 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 Dycom Industries, Inc.'s operating cash flow?

Dycom Industries, Inc. (DY) generated $642.5M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Dycom Industries, Inc.'s total assets?

Dycom Industries, Inc. (DY) had $6.0B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Dycom Industries, Inc.'s capital expenditures?

Dycom Industries, Inc. (DY) invested $240.8M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Does Dycom Industries, Inc. buy back shares?

Yes, Dycom Industries, Inc. (DY) spent $30.2M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Dycom Industries, Inc. have outstanding?

Dycom Industries, Inc. (DY) had 30M shares outstanding as of fiscal year 2026.

What is Dycom Industries, Inc.'s current ratio?

Dycom Industries, Inc. (DY) had a current ratio of 2.74 as of fiscal year 2026, which is generally considered healthy.

What is Dycom Industries, Inc.'s debt-to-equity ratio?

Dycom Industries, Inc. (DY) had a debt-to-equity ratio of 1.51 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Dycom Industries, Inc.'s liabilities-to-equity ratio?

Dycom Industries, Inc. (DY) had a liabilities-to-equity ratio of 2.22 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Dycom Industries, Inc.'s return on assets (ROA)?

Dycom Industries, Inc. (DY) had a return on assets of 4.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Dycom Industries, Inc.'s P/E ratio?

Dycom Industries, Inc. (DY) trades at 20.9x earnings, its market capitalization divided by $329.6M net income, trailing 12 months to August 1, 2026. The market capitalization is $6.9B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Dycom Industries, Inc.'s price-to-sales ratio?

Dycom Industries, Inc. (DY) trades at 1.0x sales, its market capitalization divided by $6.9B revenue, trailing 12 months to August 1, 2026. The market capitalization is $6.9B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Dycom Industries, Inc.'s Piotroski F-Score?

Dycom Industries, Inc. (DY) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dycom Industries, Inc.'s earnings high quality?

Dycom Industries, Inc. (DY) has an earnings quality ratio of 2.28x, 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 Dycom Industries, Inc.?

Dycom Industries, Inc. (DY) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.