Dycom Industries Inc (DY)
Gross profit margin
| Jan 27, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Jan 25, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 813,759 | 648,197 | 496,642 | 557,174 | 559,952 |
| Revenue | US$ in thousands | 4,151,320 | 3,784,600 | 3,101,480 | 3,191,570 | 3,303,640 |
| Gross profit margin | 19.60% | 17.13% | 16.01% | 17.46% | 16.95% |
January 27, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $813,759K ÷ $4,151,320K
= 19.60%
The gross profit margin of Dycom Industries, Inc. has shown fluctuations over the past five years. In the most recent fiscal year (as of January 27, 2024), the gross profit margin stood at 19.49%, which represented an increase compared to the previous year. This improvement suggests that Dycom was able to generate a higher percentage of revenue after accounting for the direct costs associated with production.
Looking back at the trend over the five-year period, the gross profit margin was relatively stable in the earlier years but experienced some variability more recently. The lowest gross profit margin was recorded on January 29, 2022, at 15.86%, while the highest was on January 30, 2021, at 17.42%.
Overall, Dycom's gross profit margin performance reflects changes in factors such as pricing strategies, cost of sales, and operational efficiencies. Analyzing this metric in conjunction with other financial indicators can provide a more comprehensive understanding of the company's operational effectiveness and profitability.
Peer comparison
Jan 27, 2024