Dycom Industries
Builds fiber, wireless, utility, and data-center electrical infrastructure across the United States.
Something off on this page? Send us feedback.
Profile
Builds, installs, and maintains fiber, wireless, utility, and data-center infrastructure across the United States. Communications serves telecom and utility customers, while Building Systems handles electrical, energy-management, security, and fire-safety systems; contract volumes depend on project awards and customer capital-spending plans.
Builds and maintains digital, telecommunications, and utility infrastructure across the United States through Communications and Building Systems. Communications plans, engineers, constructs, locates, and maintains aerial, underground, wireline, and wireless networks, plus selected electric and gas utility systems.
Building Systems installs electrical, energy-management, security, and fire-safety systems for data centers and other critical facilities. A decentralized network of 38 operating companies keeps field operations and customer service local while corporate teams centralize risk management, treasury, information technology, and major equipment approvals.
Earns contract revenue as work is performed under master service agreements and work orders. Revenue is concentrated among large telecommunications customers, and many agreements commit no minimum service volume. Customer capital budgets, permitting, contractor licensing, workplace-safety rules, and weather shape project timing.
Company facts
Categories
Key statistics
Year to date −15.3% · Average volume (30d) 567.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 27, 2026 | Cantor Fitzgerald | Reiterate | Overweight | $654 | $476 |
| Aug 27, 2026 | Wells Fargo | Target | $550 | $476 | |
| Aug 27, 2026 | UBS | Target | $611 | $525 | |
| Aug 27, 2026 | KeyBanc | Target | $610 | $423 | |
| Jun 1, 2026 | Keybanc | Reiterate | Overweight | $482 | $610 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 26, 2026Q2 FY27 | $4.72 | $5.29 | +12.1% | $1.98B | $2.01B | +1.3% | −11.62% |
| May 27, 2026Q1 FY27 | $2.72 | $4.42 | +62.5% | $1.67B | $1.96B | +17.5% | +1.15% |
| Mar 4, 2026Q4 FY26 | $1.91 | $2.03 | +6.3% | $1.35B | $1.46B | +7.7% | −4.42% |
| Nov 19, 2025Q3 FY26 | $3.21 | $3.63 | +13.1% | $1.41B | $1.45B | +3.1% | −0.59% |
Financial highlights
| 12 quarters | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.38B | $1.45B | $1.46B | $1.96B | $2.01B | |
| Gross profit | $189.1M | $246.6M | $258.0M | $446.4M | $275.1M | $324.9M | |
| Operating income | $85.4M | $139.8M | $150.7M | $318.7M | $143.8M | $192.0M | |
| Net income | $61.0M | $97.5M | $106.4M | $16.3M | $91.3M | $115.6M | |
| Diluted EPS | $2.09 | $3.33 | $3.63 | $0.51 | $3.00 | $3.81 | |
| Gross margin | 15.0% | 17.9% | 17.8% | 30.6% | 14.0% | 16.2% | |
| Operating margin | 6.8% | 10.1% | 10.4% | 21.9% | 7.3% | 9.6% |
Fiscal years (4-quarter sums)FY22 $3.13B · FY23 $3.81B · FY24 $4.18B · FY25 $4.70B · FY26 $5.55B
Revenue by product · Q2 FY27
Balance sheet, Aug 1, 2026Cash & short-term investments $340.1M · Total debt $3.05B · Total assets $6.54B · Shareholders' equity $2.06B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 30.03M · Float 29.64M · 98.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Peconic Partners LLC | 4.44M | 14.80% | 13F | Aug 14, 2026 |
| BlackRock, Inc. | 2.99M | 9.97% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 1.35M | 4.51% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 1.28M | 4.26% | 13F | Aug 13, 2026 |
| Hill City Capital, LP | 1.01M | 3.36% | 13F | Aug 17, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jan 9, 2026 | Eitan Gertel | director | −3,645 | $345.62 |
Peers
- MasTec
Dominant head-to-head rival in carrier fiber and 5G wireless site construction.
- Quanta Services
Largest US specialty contractor; telecom and data-center electrical overlap.
- EMCOR Group
Electrical and mechanical construction giant with $4.46B data-center RPO.
- Comfort Systems USA
MEP contractor; 45% data-center mix and $11.94B backlog in hyperscaler builds.
- MYR Group
Top-5 electrical contractor competing directly on data-center electrical.
- Primoris Services
Specialty contractor competing on fiber, 5G, and power-delivery construction.
- IES
Data-center electrical and communications infrastructure contractor.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Dycom Industries | $295.41 | +0.32% | $8.84B | 26.9 | 16.6 | 1.3 | +45.6% |
| MasTec | $244.44 | +1.48% | $19.35B | 38.4 | 21.8 | 1.2 | +23.4% |
| Quanta Services | $603.00 | +0.10% | $90.61B | 69.0 | 33.5 | 2.8 | +41.1% |
| EMCOR Group | $736.60 | −0.41% | $32.65B | 23.1 | 21.2 | 1.8 | +19.8% |
| Comfort Systems USA | $1,521.00 | +0.17% | $53.45B | 37.4 | 28.7 | 4.8 | +50.3% |
| MYR Group | $295.84 | +0.52% | $4.58B | 28.0 | 22.9 | 1.1 | +20.2% |
| Primoris Services | $73.53 | +0.53% | $3.97B | 28.8 | 18.5 | 0.5 | −10.7% |
| IES | $311.36 | +0.49% | $12.34B | 17.7 | 24.7 | 3.1 | +39.6% |
| Median | 28.8 | 22.9 | 1.8 | +23.4% |