Dycom Industries Inc (DY)
Return on equity (ROE)
| Jan 31, 2025 | Oct 31, 2024 | Oct 26, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 240,648 | 276,378 | 269,143 | 261,908 | 216,926 | 171,944 | 193,126 | 214,308 | 251,136 | 287,964 | 255,751 | 223,538 | 188,101 | 152,664 | 155,153 | 157,642 | 176,689 | 195,736 | 161,260 | 108,042 |
| Total stockholders’ equity | US$ in thousands | 1,239,100 | 1,233,680 | 1,233,680 | 1,158,450 | 1,158,450 | 1,080,630 | 1,080,630 | 1,054,660 | 1,054,660 | 1,053,950 | 1,053,950 | 964,046 | 964,046 | 897,434 | 897,434 | 868,755 | 868,755 | 858,616 | 858,616 | 797,016 |
| ROE | 19.42% | 22.40% | 21.82% | 22.61% | 18.73% | 15.91% | 17.87% | 20.32% | 23.81% | 27.32% | 24.27% | 23.19% | 19.51% | 17.01% | 17.29% | 18.15% | 20.34% | 22.80% | 18.78% | 13.56% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $240,648K ÷ $1,239,100K
= 19.42%
Dycom Industries Inc's return on equity (ROE) has shown variability over the past few years, ranging from as low as 13.56% in July 2022 to a peak of 27.32% in October 2023. The trend indicates fluctuation in the company's profitability in relation to its shareholders' equity.
The ROE increased from October 2022 to October 2023, reflecting improved efficiency in generating profits from shareholders' investments. However, there was a slight decline in ROE from October 2023 to January 2024 before a more significant decrease to 15.91% in April 2024. This drop may signal potential challenges or inefficiencies in utilizing equity effectively.
Subsequently, the ROE exhibited some recovery, reaching 22.61% in July 2024, although it fell slightly to 19.42% in January 2025. The overall trend suggests some volatility in the company's ability to generate returns on shareholders' equity.
Investors and stakeholders should continue to monitor Dycom Industries Inc's ROE performance to assess its efficiency in utilizing equity capital and generating profits. It would be beneficial for the company to identify factors contributing to the fluctuations in ROE and take appropriate measures to maintain sustainable profitability levels.
Peer comparison
Jan 31, 2025