Dycom Industries Inc (DY)
Return on total capital
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 299,703 | 320,734 | 307,641 | 294,982 | 295,096 | 251,893 | 228,997 | 182,956 | 146,146 | 112,235 | 78,768 | 57,266 | 56,547 | 67,765 | 93,377 | 69,455 | 65,194 | 54,899 | 51,826 | 102,670 |
Long-term debt | US$ in thousands | 1,092,790 | 942,368 | 842,422 | 791,415 | 949,406 | 799,395 | 803,382 | 807,367 | 811,350 | 815,332 | 819,311 | 823,251 | 827,226 | 831,197 | 835,178 | 501,562 | 490,000 | 665,533 | 1,363,860 | 844,401 |
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 |
Return on total capital | 12.88% | 15.27% | 16.00% | 15.98% | 14.73% | 14.28% | 13.46% | 10.92% | 8.75% | 6.96% | 4.99% | 3.62% | 3.45% | 4.20% | 5.68% | 5.29% | 4.65% | 3.57% | 2.36% | 5.99% |
October 26, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $299,703K ÷ ($1,092,790K + $1,233,680K)
= 12.88%
Dycom Industries Inc's return on total capital has shown fluctuating trends over the specified time period. The return on total capital ranged from a low of 2.36% on Jan 25, 2020, to a high of 16.00% on Apr 27, 2024. The company experienced an improving trend in return on total capital from the beginning of 2021, peaking in mid-2024. The most recent return on total capital as of Oct 26, 2024, was 12.88%.
Overall, the company's return on total capital has generally been positive, indicating efficient use of both equity and debt in generating profits. Investors and analysts may view the improving trend positively as it suggests that Dycom Industries Inc's capital utilization has been more effective over the recent quarters. To fully assess the company's performance, further analysis and comparison with industry peers may be necessary.
Peer comparison
Oct 26, 2024