Dycom Industries Inc (DY)
Return on equity (ROE)
| Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 233,413 | 218,923 | 218,923 | 142,213 | 142,213 |
| Total stockholders’ equity | US$ in thousands | 1,239,100 | 1,054,660 | 1,054,660 | 868,755 | 868,755 |
| ROE | 18.84% | 20.76% | 20.76% | 16.37% | 16.37% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $233,413K ÷ $1,239,100K
= 18.84%
Based on the provided data for Dycom Industries Inc's Return on Equity (ROE), we observe the following trend:
- For the fiscal year ending January 28, 2023, and January 31, 2023, the ROE was consistent at 16.37%.
- There was a notable increase in ROE for the fiscal year ending January 27, 2024, and January 31, 2024, reaching 20.76%.
- However, the ROE slightly declined to 18.84% for the fiscal year ending January 31, 2025.
This trend signifies that Dycom Industries Inc has generally maintained a relatively stable ROE around 16-20%, with a temporary increase observed in the year ending January 31, 2024. It is essential to further investigate the factors contributing to these variations in ROE to assess the company's financial performance and efficiency in generating profits relative to its shareholders' equity.
Peer comparison
Jan 31, 2025