Dycom Industries Inc (DY)
Operating profit margin
| 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 | Oct 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 270,599 | 267,944 | 263,462 | 254,193 | 215,818 | 200,710 | 164,557 | 117,596 | 96,311 | 71,425 | 198,662 | 199,004 | 217,447 | 244,315 | 24,730 | 23,941 | 726,543 | 1,447,480 | 2,255,149 | 2,266,089 |
| Revenue (ttm) | US$ in thousands | 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 | 3,327,781 |
| Operating profit margin | 6.12% | 6.29% | 6.33% | 6.16% | 5.35% | 5.06% | 4.34% | 3.23% | 2.80% | 2.19% | 6.38% | 6.41% | 7.09% | 7.86% | 0.77% | 0.75% | 22.38% | 43.81% | 67.99% | 68.10% |
July 27, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $270,599K ÷ $4,420,565K
= 6.12%
The operating profit margin of Dycom Industries Inc has exhibited some fluctuation over the past few quarters. The margin was relatively stable between 6% and 7% during 2022, indicating consistent operational efficiency. However, there was a notable decrease in the margin in the first half of 2023, dropping to around 5%, which could be a cause for concern.
The margin further decreased to 4.34% in the first quarter of 2023, reflecting potential challenges in generating profits from operations. This trend continued into the fourth quarter of 2022, with the margin at 3.23%. The company faced the lowest operating profit margin of 0.75% in April 2020, signaling significant profitability challenges during the early stages of the COVID-19 pandemic.
On a positive note, there were periods of exceptionally high operating profit margins, notably in October 2020 and July 2020, where the margins reached 22.38% and 43.81%, respectively. These spikes may indicate successful cost management or increased revenue generation during those quarters.
Overall, it is essential for Dycom Industries Inc to focus on maintaining a stable and healthy operating profit margin to ensure sustainable profitability and operational excellence.
Peer comparison
Jul 27, 2024