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DYCOM INDUSTRIES INC DY

NYSE · stock · Water, Sewer, Pipeline, Comm & Power Line Construction · website · IPO 1990-09-24 · LEI

DYCOM INDUSTRIES INC statistics & valuation

Market cap$14.7B
P / E52.1×
P / S2.6×
P / B7.9×
P / FCF36.5×
Net margin5.1%
Return on equity15.1%
FCF margin7.2%
Net debt$2.1B
Enterprise value USD$16.8B
Graham number -71.8%$115.51

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($115.51); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.80% 5.10% 2.00% 1.70% 1.10% 1.60% 3.70% 5.20% 5.00% 5.10% 2016201720192020202120222023202420252026
Gross margin (%)
2016201720192020202120222023202420252026
Operating margin (%)
2016201720192020202120222023202420252026
Return on equity (%)
23.10% 23.40% 7.80% 6.60% 4.20% 6.40% 16.40% 20.80% 18.80% 15.10% 2016201720192020202120222023202420252026
Shares outstanding
33.1M 32.0M 32.0M 31.8M 32.1M 30.8M 30.0M 29.7M 29.5M 30.0M 2016201720192020202120222023202420252026
Net debt ($)
$672.4M $699.7M $739.2M $789.8M $489.8M $512.5M $583.2M $690.3M $840.5M $2.10B 2016201720192020202120222023202420252026
Share buybacks ($)
2016201720192020202120222023202420252026
Return on assets (%)
7.50% 8.30% 3.00% 2.60% 1.80% 2.30% 6.10% 8.70% 7.90% 4.70% 2016201720192020202120222023202420252026
Free cash flow margin (%)
3.40% 1.80% -1.30% -1.90% 10.10% 4.80% -0.90% 1.00% 2.10% 7.20% 2016201720192020202120222023202420252026
Debt / equity (×)
1.27× 1.10× 1.08× 0.97× 0.62× 1.09× 0.93× 0.75× 0.75× 1.51× 2016201720192020202120222023202420252026
EPS ($)
$3.89 $4.92 $1.97 $1.80 $1.07 $1.57 $4.74 $7.37 $7.92 $9.56 2016201720192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

DYCOM INDUSTRIES INC trades at about 42.9× earnings — above its 10-year norm (10-year range 16.4×–71.6×, median 20.9×).

16.4× 71.6×

Shaded band = 10-year range (16.4×–71.6×); dot = today's 42.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2017FY2016
Net margin5.1%5.0%5.2%3.7%1.6%1.1%1.7%2.0%5.1%4.8%
FCF margin7.2%2.1%1.0%-0.9%4.8%10.1%-1.9%-1.3%1.8%3.4%
Return on assets4.7%7.9%8.7%6.1%2.3%1.8%2.6%3.0%8.3%7.5%
Return on equity15.1%18.8%20.8%16.4%6.4%4.2%6.6%7.8%23.4%23.1%
Debt / equity1.51×0.75×0.75×0.93×1.09×0.62×0.97×1.08×1.10×1.27×
Current ratio2.742.893.063.183.552.613.903.852.952.64

Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.