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DY

NYSE
Neutral · 52/100

Dycom Industries Inc

Industrials
Construction

$439.05

0.3%

Updated Today 12:11 PM ET

Report Card

DY at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Neutral · 52/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 75.5% over the last 12 months

Price 50-day average 200-day averageDCF fair value ±15%Source: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$13.15B

P/E

42.21x

Forward P/E (est.)

31.67x

ROE

18.9%

Revenue Growth

29.8%

EPS Growth

33.3%

Profit Margin

5.0%

FCF Yield

2.9%

Debt / Equity

1.51x

ROIC

Interest Coverage

Current Ratio

2.58x

Dividend Yield

Implied Growth (rev. DCF)

5.8%

Rating Score

52/100

Business Overview
Research

Dycom Industries Inc (DY) is a large-cap company in the Construction industry, part of the Industrials sector of the S&P 500, with a market value around $13.15B.

In its latest reported year it generated about $5.55B in revenue and $281.19M in net profit.

Our model rates DY Neutral (52/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what DY's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. DY trades near $439.05, around its 50-day average ($453.42) and 200-day average ($371.64). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 40 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. DY's is $23.96 (~5.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month DY found buyers near $431.87 (support) and sellers near $513.84 (resistance); its 52-week range is $233.00–$566.47. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.2× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

15.4%

4/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $2.67B in 2016 to $5.55B in 2026, a 8.4% compound annual growth rate. The most recent year grew a strong 29.8% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research
2/3 checks passedProfitableNet margin above sector midpointROE above 12%

Gross Margin

20.5%

Operating Margin

7.6%

Net Margin

5.1%

ROE

18.9%

Dycom Industries Inc keeps about 5.0% of each sales dollar as net profit, with a 20.5% gross margin and 7.6% operating margin. Return on equity is 18.9%. Thin margins leave less cushion if costs rise.

Debt Analysis
Research
2/3 checks passedDebt under 1× equityDebt under 2× equityShort-term bills covered

Total Debt

$187.57M

Net Debt

-$351.25M

Net cash position

Net Debt / EBITDA

Debt / Equity

1.51x

Leverage: debt-to-equity is 1.5x, with a current ratio of 2.6x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $187.57M of total debt against $538.83M of cash.

Cash Flow Analysis
Research
3/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$642.50M

Free Cash Flow

$401.71M

FCF Margin

7.2%

In the latest year Dycom Industries Inc produced about $642.50M of operating cash flow and $401.71M of free cash flow after capital spending. That is a free-cash-flow yield of about 2.9% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
4/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

42.21x

P/S

2.37x

P/B

6.18x

EV / EBITDA

DY trades at 42.2x trailing earnings (about 31.7x on estimated forward earnings), 2.4x sales, and 6.2x book value. Reverse-engineering today's price implies the market expects roughly 5.8% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$553.92

Current price

$439.05

+26% · Below fair-value estimate

Starting FCF (latest 10-K)

$401.71M

Growth, years 1–5

20.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$6.21B
PV of terminal value$10.43B
Estimated equity value$16.64B
Shares outstanding30M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where DY sits versus its Industrials sector peers in the S&P 500.

TTM P/E
42.2xFair
Forward P/E
31.7xFair
P/S ratio
2.4xFair
Revenue growth
29.8%Strong
EPS growth
33.3%Strong
Gross margin
20.5%Weak
Net margin
5.0%Weak
ROE
18.9%Average

Bands show the middle half (25th–75th percentile) of the 87 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How DY stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (165 S&P 500 companies), DY ranks #37 of 165 by our overall rating. It trades at a premium versus the sector on earnings (42.2x P/E vs. 32x median) with a lower return on equity (18.9% vs. 19.7%) and faster revenue growth (29.8% vs. 5.2%).

P/E vs sector

42.2x

median 32x

ROE vs sector

18.9%

median 19.7%

Growth vs sector

29.8%

median 5.2%

Sector rank

#37

of 165 by rating

CompanyP/ERev Gr.Rating
DYThis stock42.2x29.8%Neutral· 52
JHX143.9x24.7%Weak· 40
APG56.7x14.6%Neutral· 42
CX41.1x3.3%Weak· 32
MTZ65.6x22.6%Neutral· 48
AMRZ25.6xNeutral· 48
AIAINot rated
CDNLNot rated
Industrials median32x5.2%21/100

Valuation vs. quality map

sector medianJHXAPGCXMTZAMRZDYP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 165 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $439.05 today · expected CAGR 14%27%

Metric20262027202820292030
Revenue$7.21B$9.37B$12.18B$15.84B$20.59B
Net income$360.48M$468.63M$609.22M$791.98M$1.03B
EPS$12.00$15.60$20.29$26.37$34.28
Share price (low)$300.09$390.12$507.15$659.30$857.08
Share price (high)$504.15$655.39$852.01$1,107.62$1,439.90
CAGR (low–high)-32% / 15%-6% / 22%5% / 25%11% / 26%14% / 27%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for DY:

  • Revenue is growing 29.8% a year, a sign of real demand.
  • Strong return on equity (18.9%) shows capital is put to work well.
Bear Case

The case against DY:

  • Thin net margins (5.0%) leave little room for error.
  • Elevated leverage (debt/equity 1.5x) adds financial risk.
  • A rich 42.2x earnings multiple prices in a lot of growth.
Key Risks
Research

Valuation risk — at 42.2x earnings, disappointing results could compress the multiple.

Balance-sheet risk — debt/equity of 1.5x magnifies the impact of higher rates or weaker earnings.

Margin risk — thin profitability (5.0%) is vulnerable to cost or pricing pressure.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Dycom Industries Inc is a large-cap industrials business still growing nicely, with modest profitability, and a heavier debt load to watch. It trades at 42.2x earnings, which our model scores Neutral (52/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

DY — frequently asked questions

Is DY a good stock to buy?

We don't give buy or sell advice. Our model rates Dycom Industries Inc Neutral (52/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is DY's rating on The Stocks School?

Dycom Industries Inc currently scores 52/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does DY's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Dycom Industries Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for DY calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this DY analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell DY. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.