{
  "url": "https://struct.news/briefs/dycoms-operating-cash-flow-jumped-2174-its-margin-still-slipped",
  "title": "Dycom’s operating cash flow jumped 2,174%. Its margin still slipped.",
  "summary": "Operating cash flow rose from $3.5 million to $79.1 million in six months, even as net margin fell to 5.8%.",
  "published_at": "2026-08-27T23:45:59.791485+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Dycom Industries, Inc.",
    "ticker": "DY",
    "cik": "67215",
    "sector": "Industrials",
    "industry": "Engineering & Construction"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-27",
    "accession": "0000067215-26-000043",
    "url": "https://www.sec.gov/Archives/edgar/data/67215/000006721526000043/dy-20260801.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-21",
    "url": "https://www.sec.gov/Archives/edgar/data/67215/000006721525000058/dy-20250726.htm"
  },
  "reported_figures": [
    {
      "group": "Dycom’s valuation and balance sheet",
      "label": "Market cap",
      "value": 9062388412,
      "display": "$9.1B",
      "unit": "usd",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-08-27"
      }
    },
    {
      "group": "Dycom’s valuation and balance sheet",
      "label": "Enterprise value",
      "value": 11163720412,
      "display": "$11.2B",
      "unit": "usd",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000067215-26-000043",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "Dycom’s valuation and balance sheet",
      "label": "Net debt",
      "value": 2101332000,
      "display": "$2.1B",
      "unit": "usd",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000067215-26-000043",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "Dycom’s valuation and balance sheet",
      "label": "P/E",
      "value": 32.22881553688089,
      "display": "32.2x",
      "unit": "multiple",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000067215-26-000043",
        "filing_date": "2026-08-27"
      }
    }
  ],
  "watch_next": [
    {
      "type": "interest_rates",
      "statement": "Six-month interest expense increased to $73.5 million from $29.6 million as outstanding borrowings rose.",
      "importance": "medium",
      "evidence": "Interest expense, net was $38.0 million and $15.6 million during the three months ended August 1, 2026 and July 26, 2025, respectively and $73.5 million and $29.6 million during the six months ended August 1, 2026 and July 26, 2025, respectively, as a result of higher outstanding borrowings during the current period.",
      "source_date": "2026-08-27"
    },
    {
      "type": "labor_costs",
      "statement": "Labor and subcontracted labor costs decreased 2.2%, but Dycom says work mix also affected income before taxes and reported margin.",
      "importance": "medium",
      "evidence": "Labor and subcontracted labor costs decreased 2.2% primarily due to the mix of work performed.",
      "source_date": "2026-08-27"
    },
    {
      "type": "backlog",
      "statement": "Dycom says backlog revenue estimates can change with cancellations or changes in expected work, making future fiber revenue less fixed than the headline backlog suggests.",
      "importance": "medium",
      "evidence": "Contract revenue estimates reflected in our backlog can be subject to change due to a number of factors, including contract cancellations or changes in the amount of work we expect to be performed under a contract.",
      "source_date": "2026-08-27"
    }
  ],
  "related_tickers": [
    "DY"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}