Dycom Industries Inc (DY) - Net Assets
Based on the latest financial reports, Dycom Industries Inc (DY) has net assets worth $2.06 Billion USD as of July 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.54 Billion) and total liabilities ($4.48 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check DY strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.06 Billion |
| % of Total Assets | 31.56% |
| Annual Growth Rate | 14.22% |
| 5-Year Change | 145.09% |
| 10-Year Change | 233.6% |
| Growth Volatility | 54.87 |
Dycom Industries Inc - Net Assets Trend (1986–2026)
This chart illustrates how Dycom Industries Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Dycom Industries Inc market capitalisation.
Annual Net Assets for Dycom Industries Inc (1986–2026)
The table below shows the annual net assets of Dycom Industries Inc from 1986 to 2026. Also explore how fast is Dycom Industries Inc growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | $1.86 Billion | +50.04% |
| 2025-01-31 | $1.24 Billion | +17.49% |
| 2024-01-31 | $1.05 Billion | +21.40% |
| 2023-01-31 | $868.75 Million | +14.53% |
| 2022-01-31 | $758.54 Million | -6.50% |
| 2021-01-31 | $811.31 Million | -6.60% |
| 2020-01-31 | $868.60 Million | +8.01% |
| 2019-01-31 | $804.17 Million | +10.92% |
| 2018-01-31 | $725.00 Million | +30.09% |
| 2017-01-31 | $557.29 Million | +9.88% |
| 2016-01-31 | $507.20 Million | +4.59% |
| 2015-01-31 | $484.94 Million | +13.21% |
| 2014-01-31 | $428.36 Million | +9.02% |
| 2013-01-31 | $392.93 Million | +11.68% |
| 2012-01-31 | $351.85 Million | -10.82% |
| 2011-01-31 | $394.56 Million | +1.01% |
| 2010-01-31 | $390.62 Million | 0.00% |
| 2009-01-31 | $390.62 Million | -12.15% |
| 2008-01-31 | $444.63 Million | +14.17% |
| 2007-01-31 | $389.45 Million | -29.17% |
| 2006-01-31 | $549.81 Million | +5.94% |
| 2005-01-31 | $518.96 Million | +15.24% |
| 2004-01-31 | $450.34 Million | 0.00% |
| 2003-01-31 | $450.34 Million | +3.38% |
| 2002-01-31 | $435.62 Million | +15.25% |
| 2001-01-31 | $377.98 Million | +16.41% |
| 2000-01-31 | $324.70 Million | +229.98% |
| 1999-01-31 | $98.40 Million | +191.12% |
| 1998-01-31 | $33.80 Million | +89.89% |
| 1997-01-31 | $17.80 Million | +58.93% |
| 1996-01-31 | $11.20 Million | 0.00% |
| 1995-01-31 | $11.20 Million | +67.16% |
| 1994-01-31 | $6.70 Million | -52.82% |
| 1993-01-31 | $14.20 Million | -68.65% |
| 1992-01-31 | $45.30 Million | -9.76% |
| 1991-01-31 | $50.20 Million | -13.15% |
| 1990-01-31 | $57.80 Million | +87.06% |
| 1989-01-31 | $30.90 Million | +27.16% |
| 1988-01-31 | $24.30 Million | +22.73% |
| 1987-01-31 | $19.80 Million | +117.58% |
| 1986-01-31 | $9.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dycom Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 34027.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.47 Billion | 78.93% |
| Common Stock | $9.99 Million | 0.54% |
| Other Components | $381.66 Million | 20.53% |
| Total Equity | $1.86 Billion | 100.00% |
Dycom Industries Inc Competitors by Market Cap
The table below lists competitors of Dycom Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oshkosh Corporation
NYSE:OSK
|
$8.20 Billion |
|
Syensqo
BR:SYENS
|
$8.20 Billion |
|
AGCO Corporation
NYSE:AGCO
|
$8.20 Billion |
|
Tianshan Aluminum Group Co Ltd
SHE:002532
|
$8.20 Billion |
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
$8.19 Billion |
|
Restaurant Brands International Limited Partnership
TO:QSP-UN
|
$8.18 Billion |
|
NewMarket Corporation
NYSE:NEU
|
$8.18 Billion |
|
CAE Inc.
TO:CAE
|
$8.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dycom Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,239,097,000 to 1,859,136,000, a change of 620,039,000 (50.0%).
- Net income of 281,189,000 contributed positively to equity growth.
- Share repurchases of 32,097,000 reduced equity.
- Other factors increased equity by 370,947,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $281.19 Million | +15.12% |
| Share Repurchases | $32.10 Million | -1.73% |
| Other Changes | $370.95 Million | +19.95% |
| Total Change | $- | 50.04% |
Book Value vs Market Value Analysis
This analysis compares Dycom Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 377.94x to 4.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-01-31 | $0.72 | $271.52 | x |
| 1987-01-31 | $1.39 | $271.52 | x |
| 1988-01-31 | $1.62 | $271.52 | x |
| 1989-01-31 | $1.99 | $271.52 | x |
| 1990-01-31 | $4.18 | $271.52 | x |
| 1991-01-31 | $2.66 | $271.52 | x |
| 1992-01-31 | $2.36 | $271.52 | x |
| 1993-01-31 | $0.73 | $271.52 | x |
| 1994-01-31 | $0.36 | $271.52 | x |
| 1995-01-31 | $0.58 | $271.52 | x |
| 1996-01-31 | $0.48 | $271.52 | x |
| 1997-01-31 | $0.72 | $271.52 | x |
| 1998-01-31 | $1.18 | $271.52 | x |
| 1999-01-31 | $2.80 | $271.52 | x |
| 2000-01-31 | $8.56 | $271.52 | x |
| 2001-01-31 | $8.93 | $271.52 | x |
| 2002-01-31 | $10.19 | $271.52 | x |
| 2003-01-31 | $9.45 | $271.52 | x |
| 2004-01-31 | $9.45 | $271.52 | x |
| 2005-01-31 | $10.63 | $271.52 | x |
| 2006-01-31 | $11.18 | $271.52 | x |
| 2007-01-31 | $9.26 | $271.52 | x |
| 2008-01-31 | $10.92 | $271.52 | x |
| 2009-01-31 | $9.95 | $271.52 | x |
| 2010-01-31 | $9.95 | $271.52 | x |
| 2011-01-31 | $10.12 | $271.52 | x |
| 2012-01-31 | $9.84 | $271.52 | x |
| 2013-01-31 | $11.40 | $271.52 | x |
| 2014-01-31 | $12.68 | $271.52 | x |
| 2015-01-31 | $13.93 | $271.52 | x |
| 2016-01-31 | $14.48 | $271.52 | x |
| 2017-01-31 | $16.83 | $271.52 | x |
| 2018-01-31 | $22.67 | $271.52 | x |
| 2019-01-31 | $25.14 | $271.52 | x |
| 2020-01-31 | $27.30 | $271.52 | x |
| 2021-01-31 | $25.80 | $271.52 | x |
| 2022-01-31 | $24.59 | $271.52 | x |
| 2023-01-31 | $28.96 | $271.52 | x |
| 2024-01-31 | $35.51 | $271.52 | x |
| 2025-01-31 | $42.03 | $271.52 | x |
| 2026-01-31 | $63.19 | $271.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dycom Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.07%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 3.22x
- Recent ROE (15.12%) is above the historical average (4.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 20.88% | 4.17% | 1.91x | 2.63x | $990.00K |
| 1987 | 15.15% | 4.54% | 1.57x | 2.13x | $1.02 Million |
| 1988 | 18.52% | 3.88% | 2.57x | 1.86x | $2.07 Million |
| 1989 | 18.12% | 4.71% | 2.67x | 1.44x | $2.51 Million |
| 1990 | 16.61% | 5.80% | 1.64x | 1.75x | $3.82 Million |
| 1991 | -3.39% | -1.14% | 1.54x | 1.93x | $-6.72 Million |
| 1992 | -10.15% | -3.43% | 1.41x | 2.09x | $-9.13 Million |
| 1993 | -221.83% | -23.23% | 2.25x | 4.24x | $-32.92 Million |
| 1994 | -116.42% | -6.43% | 2.49x | 7.27x | $-8.47 Million |
| 1995 | 39.29% | 3.06% | 2.78x | 4.63x | $3.28 Million |
| 1996 | 45.54% | 3.54% | 2.78x | 4.63x | $3.98 Million |
| 1997 | 43.26% | 5.35% | 2.76x | 2.93x | $5.92 Million |
| 1998 | 46.75% | 6.50% | 2.76x | 2.61x | $12.42 Million |
| 1999 | 24.32% | 6.44% | 2.23x | 1.69x | $14.09 Million |
| 2000 | 12.35% | 8.53% | 1.13x | 1.29x | $7.63 Million |
| 2001 | 17.21% | 8.07% | 1.57x | 1.36x | $27.23 Million |
| 2002 | 14.10% | 7.43% | 1.51x | 1.25x | $17.85 Million |
| 2003 | 3.81% | 2.77% | 1.15x | 1.19x | $-27.89 Million |
| 2004 | 3.81% | 2.77% | 1.15x | 1.19x | $-27.88 Million |
| 2005 | 11.30% | 6.72% | 1.34x | 1.26x | $6.74 Million |
| 2006 | 4.34% | 2.42% | 1.42x | 1.27x | $-31.11 Million |
| 2007 | 4.67% | 1.84% | 1.43x | 1.77x | $-20.77 Million |
| 2008 | 9.42% | 4.21% | 1.26x | 1.78x | $-2.58 Million |
| 2009 | -13.61% | -4.80% | 1.60x | 1.78x | $-92.24 Million |
| 2010 | -13.61% | -4.32% | 1.77x | 1.78x | $-92.24 Million |
| 2011 | 1.48% | 0.59% | 1.45x | 1.72x | $-33.61 Million |
| 2012 | 4.58% | 1.55% | 1.43x | 2.06x | $-19.08 Million |
| 2013 | 10.02% | 3.80% | 1.34x | 1.97x | $84.90K |
| 2014 | 8.21% | 2.93% | 1.04x | 2.69x | $-7.65 Million |
| 2015 | 8.24% | 2.49% | 1.33x | 2.49x | $-8.52 Million |
| 2016 | 16.63% | 4.65% | 1.33x | 2.68x | $33.60 Million |
| 2017 | 28.21% | 5.57% | 1.64x | 3.09x | $101.49 Million |
| 2018 | 21.69% | 5.88% | 1.45x | 2.54x | $84.72 Million |
| 2019 | 7.82% | 2.01% | 1.49x | 2.61x | $-17.51 Million |
| 2020 | 6.59% | 1.71% | 1.51x | 2.55x | $-29.65 Million |
| 2021 | 4.23% | 1.07% | 1.65x | 2.40x | $-46.79 Million |
| 2022 | 6.40% | 1.55% | 1.48x | 2.79x | $-27.28 Million |
| 2023 | 16.37% | 3.73% | 1.65x | 2.66x | $55.34 Million |
| 2024 | 20.76% | 5.24% | 1.66x | 2.39x | $113.46 Million |
| 2025 | 18.84% | 4.96% | 1.60x | 2.38x | $109.50 Million |
| 2026 | 15.12% | 5.07% | 0.93x | 3.22x | $95.28 Million |
Industry Comparison
This section compares Dycom Industries Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $814,257,029
- Average return on equity (ROE) among peers: 57.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dycom Industries Inc (DY) | $2.06 Billion | 20.88% | 2.17x | $8.19 Billion |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $6.03 Billion |
| Aecom Technology Corporation (ACM) | $2.83 Billion | 6.12% | 3.15x | $7.83 Billion |
| Argan Inc (AGX) | $11.69 Million | -81.36% | 1.02x | $5.11 Billion |
| Ameresco Inc (AMRC) | $972.75 Million | 6.42% | 2.82x | $747.45 Million |
| Api Group Corp (APG) | $633.00 Million | 21.48% | 2.22x | $16.62 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $5.00 Million | 567.64% | 46.86x | $492.34 Million |
| Topbuild Corp (BLD) | $1.15 Billion | 16.57% | 1.26x | $9.94 Billion |
| Blink Charging Co (BLNK) | $-36.92 Million | 0.00% | 0.00x | $83.22 Million |
| Bowman Consulting Group Ltd (BWMN) | $122.86 Million | 4.07% | 1.08x | $737.55 Million |
| Cadeler A/S (CDLR) | $23.53 Million | 30.22% | 0.25x | $2.27 Billion |
About Dycom Industries Inc
Dycom Industries, Inc. provides specialty contracting services to the digital infrastructure, telecommunications infrastructure, and utility industries in the United States. It operates through Communications and Building Systems segments. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copp… Read more