Welcome to our dedicated page for Ducommun Del SEC filings (Ticker: DCO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Ducommun Incorporated (NYSE: DCO) provide detailed insight into the company’s operations as a manufacturer for aerospace, defense, and industrial markets. Through its periodic and current reports, Ducommun explains how its Electronic Systems and Structural Systems segments contribute to revenue, margins, and cash flow across military and space, commercial aerospace, and industrial end-use markets.
Annual reports on Form 10-K and quarterly reports on Form 10-Q typically include segment information for Electronic Systems and Structural Systems, discussions of key platforms such as missiles, radar, fixed-wing and rotary-wing aircraft, ground vehicle weapon systems, and commercial aircraft platforms, along with risk factors and management’s analysis of financial condition and results of operations. These filings also reference strategic themes such as the company’s VISION 2027 framework and facility consolidation efforts.
Current reports on Form 8-K document material events affecting Ducommun. Recent examples include:
- Entry into an amended credit agreement that establishes a senior secured term loan facility and a senior secured revolving credit facility with maturities in November 2030, including covenants on leverage and interest coverage.
- Litigation and settlement disclosures related to the June 2020 fire at the Guaymas, Mexico performance center, including a binding settlement term sheet, a settlement agreement resolving subrogation claims, payment amounts, insurance recoveries, and mutual releases.
- Earnings releases furnished under Item 2.02, which provide quarterly revenue, margin, segment performance, and commentary on trends in military and space, commercial aerospace, and industrial markets.
On this page, Ducommun’s SEC filings are updated as they are posted to EDGAR, and AI-powered tools can help summarize long documents, highlight key terms of credit facilities, and clarify the impact of one-time items such as settlements or restructuring charges. Investors can use these filings to examine Ducommun’s leverage profile, covenant structure, litigation exposure, and progress on strategic priorities.
Filings related to direct financial obligations, creation of credit facilities, and results of operations are especially relevant for understanding DCO’s risk profile and capital flexibility. Together, the 10-K, 10-Q, and 8-K reports form the core regulatory record for Ducommun’s business and financial reporting.
Ducommun Incorporated senior vice president Jerry L. Redondo reported stock-based compensation activity and related tax withholdings. On March 4, 2026, he acquired 9,261 shares of common stock upon settlement of performance stock units and 2,390 shares granted as compensation for services.
On the same date, 4,978 shares were disposed of in a tax-withholding disposition to cover obligations on the performance stock unit settlement. On March 5, 2026, a further 986 shares were disposed of to satisfy tax withholding tied to the settlement of 1,834 restricted stock units. After these transactions, he continued to hold over 70,000 shares directly.
Ducommun (DCO) senior vice president and CFO Suman B. Mookerji reported a mix of stock transactions and awards. On March 4–5, 2026, he received 14,315 performance stock units upon meeting performance goals and 3,361 additional shares as compensation, while also exercising options for 4,700 shares at $42.25 per share.
To cover tax withholding on these vestings and settlements, 7,695 shares and 3,186 shares were withheld at $139.45 per share and 1,361 shares at $130.19 per share. He also sold 14,709 shares of common stock in open-market transactions at a weighted average price of $134.21 per share. After these transactions, he continued to hold directly over 51,000 shares of Ducommun common stock.
Ducommun Chairman, President and CEO Stephen G. Oswald reported several equity compensation transactions in company common stock. On March 4, 2026, he acquired 75,503 shares upon settlement of performance stock units and 23,649 shares from vesting of performance restricted stock units, both tied to meeting performance criteria on awards granted May 8, 2023. To cover related tax withholding obligations, the issuer reduced his holdings by 40,583 shares and 12,712 shares on March 4, and by 2,409 shares on March 5, 2026. After these transactions, he directly held 419,384 shares of Ducommun common stock, including 279 shares acquired through the employee stock purchase plan.
Charles Schwab Corp reported proposed sales of common stock via a Form 144 notice. The filing lists multiple dispositions by Stephen G. Oswald on 12/10/2025, 12/11/2025, 12/12/2025, and 12/17/2025, with reported share counts and proceeds for each trade.
The securities are registered as common stock on the NYSE; the filing records the issuer details and identifies the transactions as employee compensation-related equity sales.
Ducommun Incorporated reports a business focused on high-reliability products for aerospace, defense and industrial markets, with aerospace and defense representing 96% of 2025 net revenues. Commercial aerospace contributed 38% of total net revenues, while military and space end-use markets accounted for 58%.
The company operates through two segments, Electronic Systems and Structural Systems, and continues to pursue growth via acquisitions, including the 2023 purchase of BLR Aerospace for $117.0 million in cash, at an initial purchase price of $115.0 million net of cash acquired.
Backlog rose to $1,202.9 million at December 31, 2025 from $1,060.8 million a year earlier, and remaining performance obligations were $1,106.0 million, with an estimated 70% expected to be recognized in 2026. Boeing and RTX were the largest customers, generating 13% and 18% of 2025 net revenues, and the top ten customers represented 61%.
Ducommun refinanced its debt in November 2025 with a new $200.0 million term loan and a $450.0 million revolving credit facility maturing in 2030, and had $305.0 million of long-term debt outstanding at a 6.10% average interest rate as of year-end. The company recorded a $150.0 million cash settlement related to the Guaymas, Mexico fire litigation, of which $56.0 million was funded by insurers, and accrued $1.5 million for environmental remediation at California sites. As of December 31, 2025, Ducommun employed 2,130 people, including 282 under a collective bargaining agreement.
Ducommun Incorporated reported strong fourth quarter and full-year 2025 operating results, highlighted by record revenue and margins but a GAAP loss driven by a large litigation charge.
Q4 2025 net revenue rose 9.4% year-over-year to $215.8 million, led by military and space demand, with gross margin improving to 27.7%. GAAP net income was $7.4 million, or $0.48 per diluted share, while non-GAAP adjusted net income was $16.2 million, or $1.05 per diluted share. Adjusted EBITDA increased to $37.9 million, or 17.5% of revenue.
For 2025, net revenue reached a record $824.7 million, the third consecutive annual record, and adjusted EBITDA was $135.6 million, or 16.4% of revenue. A $107.3 million litigation settlement and related costs drove a GAAP net loss of $33.9 million, or $2.27 per share, though non-GAAP adjusted diluted EPS was $3.75. Remaining performance obligations hit a record $1.106 billion, with a Q4 book-to-bill ratio of 1.3x, and backlog totaled $1.203 billion.
Ducommun Incorporated entered into a binding settlement agreement to resolve a previously disclosed subrogation claim tied to a June 2020 fire at its performance center in Guaymas, Mexico. The claim, brought by the insurer of the provider of labor and facilities for the center and pending in arbitration in Arizona, will be dismissed with prejudice in exchange for Ducommun paying $4.0 million to the insurer.
The settlement includes mutual releases of all past, present and future claims arising from the fire, and expressly states that Ducommun is not admitting liability or fault. The company expects to record the $4.0 million as an expense for the quarter ending December 31, 2025 and pay the amount from cash on hand within twenty days of the settlement date. Ducommun believes there are no remaining subrogation or other claims relating to the fire at this time, apart from a potential claim by a Mexico-based insurer of Williams International Co., LLC that it believes to be time-barred.
Ducommun Inc. insider activity: Chairman, President & CEO and director Stephen G. Oswald reported a change in his holdings of Ducommun Inc. common stock. On 12/11/2025, he disposed of 1,234 shares in a transaction coded "G" at a reported price of $0 per share. Following this transaction, he directly beneficially owned 375,657 shares of Ducommun common stock.
Ducommun Inc. executive reports stock sale
A senior vice president of Ducommun Inc. sold 2,000 shares of the company’s common stock on 12/10/2025 at a price of $92.86 per share. After this transaction, the executive beneficially owns 65,269 shares, all held directly. The filing states that all shares in the transaction were sold at the exact price indicated, so no average price calculation was used.