Dycom Industries Inc (DY)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 224,161 | 238,108 | 229,954 | 218,923 | 220,314 | 190,590 | 174,200 | 142,213 | 118,198 | 92,903 | 67,212 | 48,574 | 43,585 | 48,794 | 67,653 | 34,337 | 27,343 | 17,646 | 10,518 | 57,215 |
| Total stockholders’ equity | US$ in thousands | 1,233,680 | 1,158,450 | 1,080,630 | 1,054,660 | 1,053,950 | 964,046 | 897,434 | 868,755 | 858,616 | 797,016 | 758,338 | 758,544 | 810,774 | 780,421 | 809,953 | 811,308 | 913,124 | 873,748 | 833,894 | 868,604 |
| ROE | 18.17% | 20.55% | 21.28% | 20.76% | 20.90% | 19.77% | 19.41% | 16.37% | 13.77% | 11.66% | 8.86% | 6.40% | 5.38% | 6.25% | 8.35% | 4.23% | 2.99% | 2.02% | 1.26% | 6.59% |
October 26, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $224,161K ÷ $1,233,680K
= 18.17%
Over the past several quarters, Dycom Industries Inc's return on equity (ROE) has shown fluctuations. The ROE has generally been on an upward trend since the beginning of 2021, indicating improving profitability relative to shareholder equity.
As of October 2024, Dycom Industries Inc's ROE stands at 18.17%, which is a solid return on equity, albeit slightly lower than the previous quarter. This signifies that for every dollar of shareholder equity invested in the company, Dycom Industries Inc generated a profit of 18.17 cents.
Overall, the recent ROE figures reflect positively on the company's ability to efficiently utilize its equity to generate profits for its shareholders. Dycom Industries Inc's management may be focusing on strategies to enhance profitability and operational efficiency, which could be contributing to the relatively stronger ROE performance in recent periods. However, it is important to monitor future trends to ensure sustained and consistent improvement in the company's return on equity.
Peer comparison
Oct 26, 2024