Dycom Industries, Inc. (DY) Stock Analysis
Industrials · Engineering & Construction · NYSE
Dycom Industries, Inc. (DY) posted $5.55B in revenue for fiscal 2026 (up 17.9% year over year), at a 5.1% net margin, and has compounded revenue about 11.6%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Dycom Industries, Inc.
Dycom Industries, Inc. has grown revenue from $2.67B to $5.55B over the last 10 fiscal years, compounding about 11.6% a year. The most recent year was up 17.9%, so growth is actually accelerating.
Net margin sits at 5.1%. It carries about $2.81B of total debt.
At today's valuation the market is pricing in roughly 14.6% annual free-cash-flow growth — versus the 4.4% it actually delivered over the last five years, so the price already assumes a step-up from the recent record.
Synthesised from Dycom Industries, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Dycom Industries, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.67B | $3.07B | $3.13B | $3.34B | $3.20B | $3.13B | $3.81B | $4.18B | $4.70B | $5.55B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $128.74M | $157.22M | $62.91M | $57.22M | $34.34M | $48.57M | $142.21M | $218.92M | $233.41M | $281.19M |
| Net margin | 4.8% | 5.1% | 2.0% | 1.7% | 1.1% | 1.6% | 3.7% | 5.2% | 5.0% | 5.1% |
Source: Dycom Industries, Inc. SEC filings (10-K). 16 years of history available in the interactive view.
Dycom Industries, Inc.: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into DY stock?
At today's market cap of $13.32B, Dycom Industries, Inc. is priced for free-cash-flow growth of about 14.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $401.71M from the FY ending 2026-01-31). For comparison, free cash flow actually grew 4.4%/yr over the last five fiscal years and revenue 11.6%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 16 years of Dycom Industries, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeDycom Industries, Inc. financial history by metric
Compare Dycom Industries, Inc. with peers
About Dycom Industries, Inc.
Dycom Industries, Inc. provides specialty contracting services to the digital infrastructure, telecommunications infrastructure, and utility industries in the United States. It operates through Communications and Building Systems segments. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; placement of cables, related structures, and drop lines for telephone companies and cable multiple system operators; program and project management, and inspection personnel; and wireless networks in connection with the deployment of macro cell and new small cell sites. It also provides construction, maintenance, and installation services, such as placement and splicing of copper, fiber, and coaxial cables; tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; underground facility locating services, including locating telephone, cable television, power, water, sewer, and gas lines for utility companies; installation and maintenance of customer premise equipment for electric and gas utilities, and other customers. Dycom Industries, Inc. was incorporated in 1969 and is based in West Palm Beach, Florida.
Dycom Industries, Inc. — frequently asked questions
What is Dycom Industries, Inc.'s revenue?
Dycom Industries, Inc. (DY) reported revenue of $5.55B for fiscal year 2026, up 17.9% from the prior year, according to its SEC filings.
Is Dycom Industries, Inc. profitable?
Yes. DY earned net income of $281.19M in fiscal 2026, a net margin of 5.1%.
What is DY's P/E ratio?
Dycom Industries, Inc. trades at a price-to-earnings ratio of about 42.3 based on the latest data in our nightly-refreshed cache.
How fast is Dycom Industries, Inc. growing?
DY's revenue grew at roughly 11.6% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Dycom Industries, Inc. have?
As of fiscal year 2026, DY carried roughly $2.81B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Dycom Industries, Inc.'s market cap?
Dycom Industries, Inc. (DY) has a market capitalization of about $13.32B, based on the latest data in our nightly-refreshed cache.
When does Dycom Industries, Inc.'s fiscal year end?
DY's fiscal year ends in January. Its most recent annual filing covers the fiscal year ending 2026-01-31.
What growth is priced into DY stock?
At today's market cap of $13.32B, Dycom Industries, Inc. is priced for free-cash-flow growth of about 14.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $401.71M from the FY ending 2026-01-31). For comparison, free cash flow actually grew 4.4%/yr over the last five fiscal years and revenue 11.6%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Dycom Industries, Inc.'s official SEC filings (10-K and 10-Q), covering 16 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.