CluenexDycom Industries DY
Dycom Industries scores average on business quality (5.0 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Dycom Industries does
Dycom Industries builds and maintains specialty infrastructure for telecommunication providers, generating revenue through large-scale underground and aerial fiber deployment contracts.
- What it does best
Dycom excels at rapid fiber deployment for major telecom carriers, delivering a revenue growth rate of 17.9% that outpaces peers like VMI at 0.7%. This scale creates hard-to-replicate field logistics networks across complex regional footprints.
- The main risk
With net debt climbing to $2.1 billion alongside rising leverage, the company faces severe balance sheet pressure if infrastructure spending momentum or contract execution slows down.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin sits thin at 7.7% while free cash flow reaches $469 million, showing that scale brings modest margin expansion rather than outsized pricing power.
Operating in the bottom decile for gross margin at 15th percentile rank, the company struggles with pricing power despite locking in large telecom enterprises.
Revenue surged to $6.9 billion backed by a 17.9% growth rate, riding an aggressive multi-year acceleration visible across recent annual summaries.
Total debt sits at $2.8 billion with interest coverage at 4.8x, meaning debt servicing eats a notable chunk of earnings while net debt climbs to $2.1 billion.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
3 insiders bought $551K on the open market.
Our sealed record on DY
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Dycom Industries scores average on the Cluenex quality check (5.0 of 10), measured against its own industry. Profitability is weak, moat weak, growth fast and financial health weak.
In the last 90 days of SEC Form 4 filings: 3 insiders bought $551K on the open market.
Nov 17, 2026, before the open.
See DY today
- Today's verdict on DY, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Dycom Industries (DY)”, https://cluenex.com/stocks/dy/, data as of Oct 10, 2026.