Dycom Industries Inc (DY)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 365,078 | 400,329 | 372,613 | 360,263 | 299,037 | 235,962 | 281,257 | 314,638 | 374,437 | 424,419 | 362,049 | 316,009 | 256,858 | 206,990 | 220,312 | 223,149 | 247,904 | 274,876 | 214,277 | 140,161 |
| 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 | — |
| 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 |
| Return on total capital | 29.46% | 32.45% | 16.02% | 31.10% | 14.23% | 21.84% | 14.63% | 29.83% | 20.28% | 40.27% | 18.07% | 32.78% | 14.57% | 23.06% | 12.95% | 25.69% | 14.79% | 32.01% | 12.83% | 17.59% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $365,078K ÷ ($—K + $1,239,100K)
= 29.46%
Dycom Industries Inc's return on total capital has fluctuated over the given time period, indicating varying efficiency in generating profits from the total capital employed in its operations. The return on total capital ranged from a low of 12.83% in October 2022 to a high of 40.27% in October 2023.
The company's return on total capital peaked at 40.27% in October 2023, reflecting strong profitability relative to the capital invested. However, there were periods, such as in April 2023 and April 2024, where the return dipped to around 12-13%, suggesting lower efficiency in capital utilization during those quarters.
Overall, Dycom Industries Inc's return on total capital demonstrates some volatility, with peaks and troughs observed throughout the period. Investors and stakeholders may want to further investigate the factors contributing to these fluctuations to assess the company's long-term sustainability and profitability.
Peer comparison
Jan 31, 2025