Dycom IndustriesDY +4.05%86 ROE % is 19.45% as of Apr. 2026, which is 9% above its 10-year median of 17.82. GuruFocus rates DY with a GF Score™ of 86/100 and a GF Value™ of $266.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,743 Construction companies, Dycom Industries ranks better than 84.22% on this metric.
The historical rank and industry rank for Dycom Industries's ROE % or its related term are showing as below:
DY'
s ROE % Range Over the Past 10 Years
Min: 4.09 Med: 17.82 Max: 25.59
Current: 19.78
During the past 13 years, Dycom Industries's highest ROE % was 25.59%. The lowest was 4.09%. And the median was 17.82%.
DY's ROE % is ranked better than 84.22% of 1743
companies
in the Construction industry
Industry Median: 6.71
vs DY: 19.78
Dycom Industries (NYSE:DY) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Dycom Industries ROE % Related Terms
Dycom Industries ROE % Historical Data
* Premium members only.
The historical data trend for Dycom Industries's ROE % 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.
For the Engineering & Construction subindustry, Dycom Industries's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry
For the Construction industry and Industrials sector, Dycom Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Dycom Industries's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Dycom Industries (DY) has a ROE % of 19.45% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dycom Industries and its competitors. This is near median its historical median of 17.82. Over the past decade, Dycom Industries' ROE % has ranged from 4.09 to 25.59. According to the industry distribution chart, Dycom Industries ranks #275 out of 1743 companies in the Construction industry, placing it in the top 15.8%.
Is Dycom Industries' ROE % too high?
Dycom Industries' current ROE % of 19.45% is near median its 10-year median of 17.82. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 25.59. The Construction industry median ROE % is 6.71. Dycom Industries' value of 19.45% is 189.9% above this industry median. Based on the distribution chart, Dycom Industries ranks #275 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Dycom Industries has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dycom Industries' ROE % compare to J and IESC?
According to the Construction industry distribution chart, Dycom Industries ranks #275 out of 1743 companies for ROE %. This places Dycom Industries in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 6.71. Dycom Industries' value of 19.45% is 189.9% above this benchmark. Historically, Dycom Industries' own ROE % has ranged from 4.09 to 25.59 over the past decade. While the company's 10-year median is 17.82 vs. the industry median of 6.71, Dycom Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Construction company?
The median ROE % among Construction companies is 6.71, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dycom Industries's current ROE % of 19.45% is 189.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dycom Industries and its competitors. For the Construction industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dycom Industries's current ROE % is 19.45%, which is near median its own 10-year median of 17.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dycom Industries stock overvalued right now?
Based on GuruFocus' analysis, Dycom Industries (DY) is currently considered Significantly Overvalued. The stock's GF Value™ is $266.30, compared to a current price of $483.48 — trading 81.6% above its estimated fair value. The current ROE % is 19.45%, which is near median its 10-year median of 17.82 and 189.9% above the Construction industry median of 6.71. Dycom Industries' overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dycom Industries (DY), the current ROE % is 19.45% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dycom Industries (DY) Overvalued in 2026?
Based on GuruFocus' analysis, Dycom Industries stock appears to be overvalued.
The current stock price of $483.48 is trading 81.6% above its estimated GF Value™ of $266.30.
GuruFocus considers Dycom Industries to be Significantly Overvalued.
Key valuation signals for DY:
ROE %: 19.45% (near median its 10-year median of 17.82)
GF Value™: $266.30 vs. price of $483.48 (81.6% above fair value)
Industry Position: 189.9% above the Construction median (#275 of 1743)
No single metric tells the full story. See the DY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries throughout the United States. The company has two reporting segments: Communications and Building Systems. The Communications segment provides specialty contracting services, including program management, planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services for telecommunications and digital infrastructure providers. The Building Systems segment specializes in providing comprehensive building infrastructure solutions, including electrical, energy management, security, and fire safety systems for data centers and other critical facilities. The firm generates key revenue from Communications.
86GF Score
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