Dycom Net Income from 2010 to 2024

DY Stock  USD 143.65  1.73  1.22%   
Dycom Industries Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, Dycom Industries Net Income regression line of annual values had r-squared of  0.52 and arithmetic mean of  86,458,010. View All Fundamentals
 
Net Income  
First Reported
1991-01-31
Previous Quarter
83.7 M
Current Value
23.4 M
Quarterly Volatility
19 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dycom Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dycom main balance sheet or income statement drivers, such as Depreciation And Amortization of 174.1 M, Interest Expense of 55.2 M or Total Revenue of 4.4 B, as well as many exotic indicators such as Short Term Coverage Ratios of 1.2 K, Price Earnings Ratio of 63.25 or Price To Sales Ratio of 0.34. Dycom financial statements analysis is a perfect complement when working with Dycom Industries Valuation or Volatility modules.
  
This module can also supplement Dycom Industries' financial leverage analysis and stock options assessment as well as various Dycom Industries Technical models . Check out the analysis of Dycom Industries Correlation against competitors.
For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.

Latest Dycom Industries' Net Income Growth Pattern

Below is the plot of the Net Income of Dycom Industries over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Dycom Industries financial statement analysis. It represents the amount of money remaining after all of Dycom Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Dycom Industries' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dycom Industries' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 218.92 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Dycom Net Income Regression Statistics

Arithmetic Mean86,458,010
Geometric Mean54,907,611
Coefficient Of Variation83.34
Mean Deviation59,289,613
Median57,215,000
Standard Deviation72,055,514
Sample Variance5192T
Range228M
R-Value0.72
Mean Square Error2701.3T
R-Squared0.52
Significance0
Slope11,583,661
Total Sum of Squares72688T

Dycom Net Income History

2024229.9 M
2023218.9 M
2022142.2 M
202148.6 M
202034.3 M
201957.2 M
201862.9 M

Other Fundumenentals of Dycom Industries

About Dycom Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dycom Industries income statement, its balance sheet, and the statement of cash flows. Dycom Industries investors use historical funamental indicators, such as Dycom Industries's Net Income, to determine how well the company is positioned to perform in the future. Although Dycom Industries investors may use each financial statement separately, they are all related. The changes in Dycom Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dycom Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dycom Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dycom Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Net Income218.9 M229.9 M
Net Income Applicable To Common Shares163.5 M171.7 M
Net Income From Continuing Ops218.9 M118.6 M
Net Income Per E B T 0.55  0.95 

Pair Trading with Dycom Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dycom Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dycom Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dycom Stock

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Moving against Dycom Stock

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The ability to find closely correlated positions to Dycom Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dycom Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dycom Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dycom Industries to buy it.
The correlation of Dycom Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dycom Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dycom Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dycom Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dycom Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dycom Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dycom Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dycom Industries Stock:
Check out the analysis of Dycom Industries Correlation against competitors.
For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Dycom Industries' price analysis, check to measure Dycom Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dycom Industries is operating at the current time. Most of Dycom Industries' value examination focuses on studying past and present price action to predict the probability of Dycom Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dycom Industries' price. Additionally, you may evaluate how the addition of Dycom Industries to your portfolios can decrease your overall portfolio volatility.
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Is Dycom Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dycom Industries. If investors know Dycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dycom Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Earnings Share
7.37
Revenue Per Share
142.35
Quarterly Revenue Growth
0.038
Return On Assets
0.0836
The market value of Dycom Industries is measured differently than its book value, which is the value of Dycom that is recorded on the company's balance sheet. Investors also form their own opinion of Dycom Industries' value that differs from its market value or its book value, called intrinsic value, which is Dycom Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dycom Industries' market value can be influenced by many factors that don't directly affect Dycom Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dycom Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dycom Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dycom Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.