Dycom Industries Overview
Dycom Industries (DY) has a ROE of 15.97%, above the Utilities sector average of 9.53%.
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+ Follow15.97%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Dycom Industries posts a ROE of 15.97%. That is above the Utilities sector average of 9.53%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Utilities stocks, a ROE near 9.53% is typical. Dycom Industries's 15.97% is higher that level. That is roughly 67.5% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Dycom Industries's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 15.97%; use YoY and peer views to separate noise from signal.
Context for DY's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 9.53%), and (3) consistency with growth and profitability. This page covers the first two; Dycom Industries's other metric pages and overview cover the third.
Judging Dycom Industries against Utilities peers is usually better than using a market-wide rule of thumb. Business models inside Utilities are more comparable, which makes gaps in ROE easier to interpret. Start with 15.97% here, then scan peer and history charts to see if the gap is persistent.
