Dycom Industries Inc (DY)

Gross profit margin

Oct 26, 2024 Jul 27, 2024 Apr 27, 2024 Jan 27, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 24, 2020 Jul 25, 2020 Apr 25, 2020 Jan 25, 2020
Gross profit (ttm) US$ in thousands 553,280 667,759 741,653 813,759 804,490 746,568 709,735 648,197 601,236 557,818 519,726 496,642 496,984 500,777 530,544 557,174 556,385 564,221 562,092 559,952
Revenue (ttm) US$ in thousands 4,552,805 4,420,565 4,261,785 4,161,715 4,126,726 4,033,176 3,962,749 3,793,400 3,637,415 3,445,701 3,258,566 3,113,492 3,102,676 3,066,967 3,106,716 3,196,146 3,183,084 3,245,806 3,304,189 3,316,765
Gross profit margin 12.15% 15.11% 17.40% 19.55% 19.49% 18.51% 17.91% 17.09% 16.53% 16.19% 15.95% 15.95% 16.02% 16.33% 17.08% 17.43% 17.48% 17.38% 17.01% 16.88%

October 26, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $553,280K ÷ $4,552,805K
= 12.15%

Dycom Industries Inc's gross profit margin has shown some fluctuations over the past several quarters. The margin has ranged from a low of 12.15% in the most recent quarter to a high of 19.55% earlier in the same period. Overall, the trend appears to be somewhat volatile, with the margin generally hovering around the mid-teens to high teens range.

It's worth noting that the gross profit margin is an important metric as it shows the percentage of revenue that exceeds the cost of goods sold. A higher margin indicates that the company is able to maintain a healthy level of profitability after accounting for direct production costs.

Investors and analysts typically view an increasing gross profit margin positively, as it suggests improved efficiency in production processes or potentially higher pricing power in the market. In contrast, a declining margin could signal cost pressures or pricing pressures that may impact the company's profitability.

In conclusion, while Dycom Industries Inc's gross profit margin has shown variability in recent quarters, a sustained focus on monitoring and managing production costs and pricing strategies could help the company maintain or improve its profitability in the future.


Peer comparison

Oct 26, 2024

Company name
Symbol
Gross profit margin
Dycom Industries Inc
DY
12.15%
MasTec Inc
MTZ
-0.92%
MYR Group Inc
MYRG
10.00%