Dycom Industries Inc (DY)

Return on total capital

Jan 31, 2025 Jan 31, 2024 Jan 27, 2024 Jan 31, 2023 Jan 28, 2023
Earnings before interest and tax (EBIT) US$ in thousands 368,784 344,602 294,983 220,740 182,957
Long-term debt US$ in thousands 791,415 807,367
Total stockholders’ equity US$ in thousands 1,239,100 1,054,660 1,054,660 868,755 868,755
Return on total capital 29.76% 32.67% 15.98% 25.41% 10.92%

January 31, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $368,784K ÷ ($—K + $1,239,100K)
= 29.76%

Based on the provided data, Dycom Industries Inc's return on total capital has shown fluctuations over the years. The return on total capital was 10.92% as of January 28, 2023, increased significantly to 25.41% by January 31, 2023, and continued to improve reaching 15.98% on January 27, 2024.

The return on total capital experienced a substantial surge to 32.67% by January 31, 2024, indicating a period of strong capital efficiency. This high return was maintained relatively well at 29.76% as of January 31, 2025, suggesting that Dycom Industries Inc has been effectively generating profits in relation to its total capital employed.

Overall, the trend suggests that Dycom Industries Inc has managed to enhance its profitability in recent years in relation to the total capital invested. It is crucial for the company to sustain this positive momentum to ensure continued financial health and value creation for its stakeholders.


Peer comparison

Jan 31, 2025

Company name
Symbol
Return on total capital
Dycom Industries Inc
DY
29.76%
MasTec Inc
MTZ
15.26%
MYR Group Inc
MYRG
8.83%