Dycom Industries, Inc. (DY) Financial Ratios
30 years of historical data (1997–2026) · Industrials · Engineering & Construction
EV/EBITDA
↑
16.59
↑+50% vs avg
5yr avg: 11.08
30Y Low4.2·High15.4
P/FCF
↑
34.14
↓-27% vs avg
5yr avg: 46.50
30Y Low4.9·High145.1
P/B Ratio
↑
7.23
↑+79% vs avg
5yr avg: 4.05
30Y Low0.9·High6.9
ROE
↑
18.2%
↓+7% vs avg
5yr avg: 17.0%
30Y Low-28%·High61%
Debt/EBITDA
↓
3.10
↑+23% vs avg
5yr avg: 2.52
30Y Low0.0·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Dycom Industries, Inc. trades at 47.8x earnings, 58% above its 5-year average of 30.3x, sitting at the 89th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 87%. On a free-cash-flow basis, the stock trades at 34.1x P/FCF, 27% below the 5-year average of 46.5x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $13.7B | $10.7B | $5.7B | $3.4B | $2.8B | $2.6B | $2.6B | $1.4B | $1.9B | $2.9B | $2.9B |
| Enterprise Value | $16.0B | $13.0B | $6.6B | $4.2B | $3.4B | $3.2B | $3.2B | $2.3B | $2.6B | $3.6B | $3.6B |
| P/E Ratio → | 47.77 | 38.12 | 24.35 | 15.63 | 19.56 | 53.84 | 75.83 | 24.73 | 30.04 | 18.41 | 18.35 |
| P/S Ratio | 2.47 | 1.93 | 1.21 | 0.82 | 0.73 | 0.83 | 0.80 | 0.42 | 0.61 | 1.03 | 1.08 |
| P/B Ratio | 7.23 | 5.77 | 4.59 | 3.24 | 3.20 | 3.44 | 3.14 | 1.63 | 2.35 | 4.00 | 5.18 |
| P/FCF | 34.14 | 26.69 | 57.64 | 84.50 | — | 17.20 | 7.88 | — | — | 52.45 | 52.28 |
| P/OCF | 21.34 | 16.69 | 16.29 | 13.21 | 16.88 | 8.45 | 6.68 | 24.42 | 15.21 | 11.30 | 11.26 |
P/E links to full P/E history page with 30-year chart
DY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Dycom Industries, Inc.'s enterprise value stands at 16.6x EBITDA, 50% above its 5-year average of 11.1x. The Industrials sector median is 13.8x, placing the stock at a 20% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.34 | 1.41 | 1.01 | 0.91 | 1.02 | 1.00 | 0.69 | 0.84 | 1.27 | 1.34 |
| EV / EBITDA | 16.59 | 13.49 | 12.33 | 8.65 | 8.92 | 12.02 | 9.68 | 6.85 | 8.91 | 12.33 | 9.59 |
| EV / EBIT | 23.03 | 18.72 | 18.03 | 12.20 | 15.63 | 37.22 | 35.84 | 17.77 | 19.92 | 27.03 | 14.83 |
| EV / FCF | — | 32.37 | 67.40 | 103.86 | — | 21.10 | 9.84 | — | — | 64.69 | 64.69 |
DY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Dycom Industries, Inc. earns an operating margin of 12.5%, above the Industrials sector average of 4.3%. Operating margins have expanded from 7.7% to 12.5% over the past 3 years, signaling improving operational efficiency. ROE of 18.2% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 16.4% represents solid returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.6% | 20.6% | 15.6% | 15.6% | 13.2% | 11.0% | 11.9% | 11.2% | 12.3% | 13.1% | 17.4% |
| Operating Margin | 12.5% | 12.5% | 7.2% | 7.7% | 5.5% | 2.6% | 3.8% | 3.5% | 3.7% | 4.2% | 9.3% |
| Net Profit Margin | 5.1% | 5.1% | 5.0% | 5.2% | 3.7% | 1.6% | 1.1% | 1.7% | 2.0% | 5.6% | 5.9% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.2% | 18.2% | 20.4% | 22.8% | 17.5% | 6.2% | 4.1% | 6.8% | 8.2% | 24.5% | 28.2% |
| ROA | 6.3% | 6.3% | 8.5% | 9.1% | 6.4% | 2.4% | 1.7% | 2.7% | 3.2% | 8.8% | 9.1% |
| ROIC | 16.4% | 16.4% | 12.6% | 14.4% | 10.9% | 4.4% | 5.7% | 5.4% | 5.9% | 6.8% | 14.9% |
| ROCE | 19.0% | 19.0% | 15.6% | 16.8% | 11.8% | 5.0% | 7.2% | 6.4% | 6.9% | 8.0% | 17.7% |
DY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Dycom Industries, Inc. carries a Debt/EBITDA ratio of 3.1x, which is moderately leveraged (roughly in line with the sector average of 3.2x). Net debt stands at $2.3B ($3.0B total debt minus $709M cash). Interest coverage of 10.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.61 | 1.61 | 0.85 | 0.84 | 1.03 | 1.19 | 0.80 | 1.08 | 1.09 | 1.05 | 1.29 |
| Debt / EBITDA | 3.10 | 3.10 | 1.96 | 1.82 | 2.31 | 3.39 | 1.96 | 2.79 | 2.95 | 2.62 | 1.93 |
| Net Debt / Equity | — | 1.23 | 0.78 | 0.74 | 0.77 | 0.78 | 0.78 | 1.02 | 0.93 | 0.93 | 1.23 |
| Net Debt / EBITDA | 2.37 | 2.37 | 1.79 | 1.61 | 1.73 | 2.22 | 1.93 | 2.63 | 2.51 | 2.33 | 1.84 |
| Debt / FCF | — | 5.68 | 9.77 | 19.36 | — | 3.90 | 1.96 | — | — | 12.24 | 12.41 |
| Interest Coverage | 10.44 | 10.44 | 6.05 | 6.55 | 5.43 | 2.59 | 3.00 | 2.54 | 2.98 | 3.38 | 6.45 |
DY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Dycom Industries, Inc.'s current ratio of 2.74x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 3.06x to 2.74x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.74 | 2.74 | 2.89 | 3.06 | 3.18 | 3.55 | 2.61 | 3.90 | 3.85 | 3.49 | 2.64 |
| Quick Ratio | 2.61 | 2.61 | 2.67 | 2.85 | 2.93 | 3.34 | 2.45 | 3.59 | 3.52 | 3.18 | 2.41 |
| Cash Ratio | 0.70 | 0.70 | 0.18 | 0.24 | 0.52 | 0.81 | 0.03 | 0.17 | 0.45 | 0.32 | 0.10 |
| Asset Turnover | — | 0.93 | 1.60 | 1.66 | 1.65 | 1.48 | 1.65 | 1.51 | 1.49 | 1.53 | 1.55 |
| Inventory Turnover | 34.33 | 34.33 | 31.19 | 32.47 | 28.74 | 34.28 | 39.77 | 30.18 | 29.05 | 31.04 | 30.00 |
| Days Sales Outstanding | — | 123.68 | 111.88 | 113.52 | 106.88 | 108.89 | 120.59 | 117.34 | 98.56 | 92.55 | 96.41 |
DY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Dycom Industries, Inc. returns 0.2% to shareholders annually primarily through share buybacks. The earnings yield of 2.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.1% | 2.6% | 4.1% | 6.4% | 5.1% | 1.9% | 1.3% | 4.0% | 3.3% | 5.4% | 5.4% |
| FCF Yield | 2.9% | 3.7% | 1.7% | 1.2% | — | 5.8% | 12.7% | — | — | 1.9% | 1.9% |
| Buyback Yield | 0.2% | 0.3% | 1.2% | 1.5% | 1.8% | 4.1% | 3.9% | 0.0% | 0.0% | 2.2% | 2.2% |
| Total Shareholder Yield | 0.2% | 0.3% | 1.2% | 1.5% | 1.8% | 4.1% | 3.9% | 0.0% | 0.0% | 2.2% | 2.2% |
| Shares Outstanding | — | $29M | $29M | $30M | $30M | $31M | $31M | $32M | $32M | $32M | $32M |
Peer Comparison
Compare DY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DYYou | $14B | 47.8 | 16.6 | 34.1 | 20.6% | 12.5% | 18.2% | 16.4% | 3.1 |
 PRIM | $5B | 20.2 | 12.3 | 16.1 | 10.7% | 5.5% | 17.8% | 13.6% | 2.5 |
 PWR | $105B | 103.3 | 42.8 | 65.0 | 13.0% | 5.8% | 12.6% | 11.8% | 0.5 |
 MYRG | $7B | 61.2 | 31.1 | 30.9 | 11.5% | 4.4% | 18.8% | 18.3% | 0.5 |
 WLDN | $1B | 25.5 | 21.5 | 19.0 | 37.5% | 6.5% | 19.5% | 11.5% | 1.1 |
 GLDD | $1B | 15.7 | 9.3 | 11.4 | 22.9% | 14.1% | 15.2% | 9.7% | 2.7 |
 MTZ | $30B | 74.9 | 29.9 | 104.7 | 9.6% | 4.6% | 12.6% | 8.9% | 2.6 |
 ROAD | $7B | 66.7 | 21.8 | 45.2 | 15.6% | 8.5% | 13.7% | 10.3% | 4.4 |
 STRL | $26B | 91.9 | 53.7 | 72.9 | 22.1% | 16.6% | 30.0% | 38.9% | 0.7 |
 IESC | $14B | 47.4 | 33.0 | 64.9 | 25.5% | 11.4% | 39.7% | 37.5% | 0.4 |
 EME | $37B | 29.7 | 20.1 | 31.3 | 19.6% | 9.8% | 38.4% | 46.8% | 0.5 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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DY — Frequently Asked Questions
Quick answers to the most common questions about buying DY stock.
What is Dycom Industries, Inc.'s P/E ratio?
Dycom Industries, Inc.'s current P/E ratio is 47.8x. The historical average is 30.0x. This places it at the 89th percentile of its historical range.
What is Dycom Industries, Inc.'s EV/EBITDA?
Dycom Industries, Inc.'s current EV/EBITDA is 16.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.3x.
What is Dycom Industries, Inc.'s ROE?
Dycom Industries, Inc.'s return on equity (ROE) is 18.2%. The historical average is 13.2%.
Is DY stock overvalued?
Based on historical data, Dycom Industries, Inc. is trading at a P/E of 47.8x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Dycom Industries, Inc.'s profit margins?
Dycom Industries, Inc. has 20.6% gross margin and 12.5% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Dycom Industries, Inc. have?
Dycom Industries, Inc.'s Debt/EBITDA ratio is 3.1x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.