Dycom Industries, Inc. (DY) AI Stock Analysis

Dycom Industries, Inc. specializes in specialty contracting services throughout the United States. The company provides program management and engineering services focusing on the design and implementation of fiber optic, copper, and coaxial cable systems. It offers placement, splicing, maintenance, and installation services for telecommunications providers. Dycom also builds towers, installs lines and antennas, constructs equipment pads, and places small cells for wireless carriers. In addition, Dycom installs customer premise equipment for cable system operators, delivers construction and maintenance for electric and gas utilities, and provides underground facility locating services across multiple infrastructure networks.

Dycom's annual revenue expanded from $3.13B in FY2022 to $5.55B in FY2026, achieving a 5-year revenue CAGR of 11.6%. Over that span, gross margin widened from 11.0% to 20.6%, while operating margin improved from 2.6% to 12.5%. Net income reached $281.2M in FY2026, up from $48.6M in FY2022, bringing EPS to $10.82. In the latest quarter ended July 31, 2026, quarterly revenue grew 45.6% year-over-year, and quarterly earnings grew 14.4%. Over the trailing twelve months, revenue was $6.88B, net profit margin was 4.8%, and EPS stood at $10.95.

As of July 31, 2026, Dycom held $340.1M in cash and short-term investments against total debt of $3.05B, resulting in net debt of $2.71B. Shareholders' equity was $2.06B, yielding a debt-to-equity ratio of 1.48 and a current ratio of 2.35. In FY2026, operating cash flow stood at $642.5M and free cash flow reached $401.7M. Capital expenditures were $240.8M, while $32.1M was deployed toward share buybacks, contributing to a 5-year share count change of -0.8%.

At $253.61, Dycom carries a market capitalization of $7.65B and an enterprise value of $11.18B. The stock trades at a trailing P/E of 23.2x, below the 24.8x median of its US-listed Industrials peers, while its forward P/E of 25.1x is higher than the peer median of 17.2x. Dycom's EV/EBITDA is 12.3x compared to 13.9x for the peer group, and its price-to-sales is 1.1x versus 1.5x. Over the past year, DY shares fell 14.2%, trailing the S&P 500 return of 16.8%, but its 5-year return of 261.0% exceeds the index gain of 83.0%.

Wall Street coverage consists of 10 Strong Buy and 1 Buy recommendations, with no Hold or Sell ratings. The mean price target is $520.91, representing upside of 105.4% above the October 16, 2026 close of $253.61. For the fiscal year ending January 31, 2027, consensus estimates project revenue of $7.58B and EPS of $17.06, reflecting 42.5% earnings growth. Over the last 4 quarters, Dycom beat EPS estimates in all 4. The next earnings date is November 18, 2026.

This page is an AI-written research summary of Dycom Industries, Inc. (DY). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: DY income statement, DY balance sheet, DY key metrics, DY analyst forecast, DY chart. See the DY stock overview for the latest quote and news.