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Dycom Industries (STU:DYI) Return-on-Tangible-Equity : 39.29% (As of Jul. 2024)


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What is Dycom Industries Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Dycom Industries's annualized net income for the quarter that ended in Jul. 2024 was €252 Mil. Dycom Industries's average shareholder tangible equity for the quarter that ended in Jul. 2024 was €642 Mil. Therefore, Dycom Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2024 was 39.29%.

The historical rank and industry rank for Dycom Industries's Return-on-Tangible-Equity or its related term are showing as below:

STU:DYI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.35   Med: 35.06   Max: 157.12
Current: 36.52

During the past 13 years, Dycom Industries's highest Return-on-Tangible-Equity was 157.12%. The lowest was 8.35%. And the median was 35.06%.

STU:DYI's Return-on-Tangible-Equity is ranked better than
86.28% of 1633 companies
in the Construction industry
Industry Median: 7.98 vs STU:DYI: 36.52

Dycom Industries Return-on-Tangible-Equity Historical Data

The historical data trend for Dycom Industries's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dycom Industries Return-on-Tangible-Equity Chart

Dycom Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.09 7.97 12.55 32.48 38.11

Dycom Industries Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.60 55.25 14.62 39.06 39.29

Competitive Comparison of Dycom Industries's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Dycom Industries's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dycom Industries's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dycom Industries's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dycom Industries's Return-on-Tangible-Equity falls into.



Dycom Industries Return-on-Tangible-Equity Calculation

Dycom Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=200.971/( (472.95+581.746 )/ 2 )
=200.971/527.348
=38.11 %

Dycom Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2024 )  (Q: Apr. 2024 )(Q: Jul. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2024 )  (Q: Apr. 2024 )(Q: Jul. 2024 )
=252.26/( (612.193+672.047)/ 2 )
=252.26/642.12
=39.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jul. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Dycom Industries  (STU:DYI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Dycom Industries Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Dycom Industries's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Dycom Industries Business Description

Traded in Other Exchanges
Address
11780 US Highway 1, Suite 600, Palm Beach Gardens, FL, USA, 33408
Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries. its operating companies supply telecommunications providers with a comprehensive portfolio of specialty services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services and provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also provides a range of construction, maintenance, and installation services, including the placement and splicing of fiber, copper, and coaxial cables. The company operates throughout the United States.

Dycom Industries Headlines

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