DY on NYSE

DYCOM INDUSTRIES INC

DYCOM INDUSTRIES INC is an American water company based in Palm Beach Gardens, incorporated in Florida.2

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Last updated Oct 21, 2026.

Overview

$5.5BRevenue, fiscal 20263
$281.2MNet income, fiscal 20263

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  • TickerDY on NYSE2
  • IndustryWater, Sewer, Pipeline, Comm & Power Line Construction2
  • HeadquartersPalm Beach Gardens, United States2
  • Incorporated inFL4
  • Business address300 Banyan Blvd, Suite 1101, West Palm Beach, Fl 334014
  • Filer categoryLarge accelerated filer4
  • Legal formProfit Corporation2
  • LEI549300F56EKTHQI3WT602
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CT CORPORATION SYSTEM, 33324 Plantation, United States2
  • Registered withFlorida Division of Corporations, 3504692

Dycom Industries, Inc. (“Dycom,” the “Company,” “we,” or “us”) is a leading provider of specialty contracting services focused on the digital infrastructure, telecommunications and utilities industries throughout the United States. Since our incorporation in the State of Florida in 1969, we have expanded our scope and service offerings organically and through acquisitions. Today, Dycom is made up of 38 operating companies that serve a diverse customer base across all 50 states from hundreds of field offices. Our deep industry knowledge, strong customer relationships, broad geographic presence and skilled workforce provide the scale needed to quickly execute on opportunities to service existing and new customers throughout urban and rural America.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

5.1%Net margin3
17.9%Revenue growth, 20263
15.1%Return on equity3
1.51×Debt to equity3
$401.7MFree cash flow3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Communications brought in 98% of the revenue DYCOM INDUSTRIES INC broke down this way in fiscal 2026.

  1. Communications$5.5B398%up 16% from 2025
  2. Building Systems$95.8M32%
Business segments by year
Business segments202420252026
Communications$4.2B$4.7B$5.5B
Building Systems$0$0$95.8M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Other costs93¢$5.2B
  • Income tax2¢$86.7M
  • Profit5¢$281.2M

Out of $5.5B in revenue.3

Where each dollar of operating cash went, fiscal 2026

  • Capital spending37¢$240.8M
  • Share buybacks5¢$30.2M
  • Kept or used elsewhere58¢$371.5M

Out of $642.5M of cash from operations.3

Financial statements

Revenue78910113$5.5B in 2026+77% since 2019
0$2.0B$4.0B$6.0B2019: $3.1B$3.1B20192020: $3.3B$3.3B2020+7%2021: $3.2B$3.2B2021−4%2022: $3.1B$3.1B2022−2%2023: $3.8B$3.8B2023+22%2024: $4.2B$4.2B2024+10%2025: $4.7B$4.7B2025+13%2026: $5.5B$5.5B2026+18%
Net income78910113$281.2M in 2026+347% since 2019
0$100.0M$200.0M$300.0M2019: $62.9M$62.9M20192020: $57.2M$57.2M2020−9%2021: $34.3M$34.3M2021−40%2022: $48.6M$48.6M2022+41%2023: $142.2M$142.2M2023+193%2024: $218.9M$218.9M2024+54%2025: $233.4M$233.4M2025+7%2026: $281.2M$281.2M2026+20%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2026-01-312025-01-312024-01-31
Contract revenues$5.5B$4.7B$4.2B
Costs of earned revenues, excluding depreciation and amortization$4.4B$3.8B$3.4B
General and administrative$445.5M$393.0M$327.7M
Depreciation and amortization$269.6M$198.6M$163.1M
Total$5.1B$4.4B$3.9B
Interest expense, net-$66.5M-$61.0M-$52.6M
Loss on debt extinguishment-$7.3M-$965.0K$0
Other income, net$16.6M$29.2M$21.6M
Income before income taxes$367.9M$307.8M$292.0M
Provision for income taxes$86.7M$74.4M$73.1M
Net income$281.2M$233.4M$218.9M
Basic earnings per common share (in dollars per share)$9.68$8.02$7.46
Diluted earnings per common share (in dollars per share)$9.56$7.92$7.37
Basic (in shares)29.1M shares29.1M shares29.3M shares
Diluted (in shares)29.4M shares29.5M shares29.7M shares

Compare DYCOM INDUSTRIES INC with another company

Corporate structure

DYCOM INDUSTRIES INC sits at the top of its group. 46 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of DYCOM INDUSTRIES INC

  • MILLENNIUM MANAGEMENT LLC Filed SCHEDULE 13G on DYCOM INDUSTRIES INC, latest Oct 7, 2026 (4 filings since Aug 15, 2023)
  • BlackRock Filed SCHEDULE 13G/A on DYCOM INDUSTRIES INC, latest Jul 28, 2026 (9 filings since Jan 25, 2022)
  • VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on DYCOM INDUSTRIES INC, latest Apr 29, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on DYCOM INDUSTRIES INC, latest Mar 26, 2026 (6 filings since Feb 9, 2022)
  • AllianceBernstein Filed SCHEDULE 13G/A on DYCOM INDUSTRIES INC, latest Nov 15, 2024 (4 filings since Feb 14, 2022)
  • PECONIC PARTNERS LLC Filed SC 13G/A on DYCOM INDUSTRIES INC, latest Apr 18, 2024 (4 filings since Feb 14, 2023)
  • FMR LLC Filed SC 13G/A on DYCOM INDUSTRIES INC, latest Feb 9, 2022 (2 filings since Nov 10, 2021)
  • DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on DYCOM INDUSTRIES INC, latest Feb 8, 2022
  • Wellington Management Company Filed SC 13G/A on DYCOM INDUSTRIES INC, latest Feb 4, 2022
  • DYCOM INDUSTRIES INC Palm Beach Gardens, Florida, United States
    • Ansco & Associates, LLC Subsidiary · Delaware, United States
    • Bigham Cable Construction, Inc. Subsidiary · Florida, United States
    • Blair Park Services, LLC Subsidiary · Delaware, United States
    • C-2 Utility Contractors, LLC Subsidiary · Delaware, United States
    • CableCom, LLC Subsidiary · Delaware, United States
    • CertusView Technologies, LLC Subsidiary · Delaware, United States
    • Communications Construction Group, LLC Subsidiary · Delaware, United States
    • Dycom Capital Management, Inc. Subsidiary · Delaware, United States
    • Dycom Corporate Identity, Inc. Subsidiary · Delaware, United States
    • Dycom Identity, LLC Subsidiary · Delaware, United States
    • Dycom Investments, Inc. Subsidiary · Delaware, United States
    • Engineering Associates, LLC Subsidiary · Georgia, United States
    • Ervin Cable Construction, LLC Subsidiary · Delaware, United States
    • Fiber Technologies Solutions, LLC Subsidiary · Delaware, United States
    • Gardens Capital Management, LLC Subsidiary · Delaware, United States
    • Globe Communications, LLC Subsidiary · North Carolina, United States
    • Ivy H. Smith Company, LLC Subsidiary · Delaware, United States
    • Jansen Cable Construction, LLC Subsidiary · Illinois, United States
    • Kanaan Communications, LLC Subsidiary · Delaware, United States
    • Lambert’s Cable Splicing Company, LLC Subsidiary · Delaware, United States
    • Locating, Inc. Subsidiary · Washington, United States
    • NeoCom Solutions, LLC Subsidiary · Georgia, United States
    • Niels Fugal Sons Company, LLC Subsidiary · Delaware, United States
    • North Sky Communications, LLC Subsidiary · Delaware, United States
    • Parkside Utility Construction, LLC Subsidiary · Delaware, United States
    • and 20 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What DYCOM INDUSTRIES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.7B3 Jan 31, 2026$1.6B3 Jan 25, 2025+6.5%
Accumulated depreciation$1.1B3 Jan 31, 2026$1.0B3 Jan 25, 2025+6.7%
Property and equipment, net$575.4M3 Jan 31, 2026$541.9M3 Jan 25, 2025+6.2%
Operating-lease assets (leased space)$169.6M3 Jan 31, 2026$112.2M3 Jan 25, 2025+51.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$709.2M3 Jan 31, 2026$92.7M3 Jan 25, 2025+665.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.4B3 Jan 31, 2026$330.3M3 Jan 25, 2025+337.0%
Intangible assets, net (excluding goodwill)$925.9M3 Jan 31, 2026$219.7M3 Jan 25, 2025+321.4%
Accumulated amortization$358.2M3 Jan 31, 2026$289.4M3 Jan 25, 2025+23.8%
Finite-lived intangibles, net$921.2M3 Jan 31, 2026$215.0M11 Jan 25, 2025+328.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$128.3M3 Jan 31, 2026$127.3M3 Jan 25, 2025+0.9%

Properties, in its own words

We lease our executive office located in West Palm Beach, Florida. Our subsidiaries operate from administrative offices, district field offices, equipment yards, shop facilities, warehouses and temporary storage locations throughout the United States. Those facilities are primarily leased but certain facilities are owned. Our leased properties operate under both non-cancelable and cancelable leases. We believe that our facilities are suitable and adequate for our current operations and, if necessary, additional or replacement facilities would generally be available on commercially reasonable terms.

Item 2 of the 10-K filed Mar 9, 2026.6

Leadership

Who has led DYCOM INDUSTRIES INC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (37)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Ansco & Associates, LLC Delaware5
  • Bigham Cable Construction, Inc. Florida5
  • Blair Park Services, LLC Delaware5
  • C-2 Utility Contractors, LLC Delaware5
  • CableCom, LLC Delaware5
  • CertusView Technologies, LLC Delaware5
  • Communications Construction Group, LLC Delaware5
  • Dycom Capital Management, Inc. Delaware5
  • Dycom Corporate Identity, Inc. Delaware5
  • Dycom Identity, LLC Delaware5
  • Dycom Investments, Inc. Delaware5
  • Engineering Associates, LLC Georgia5
  • Ervin Cable Construction, LLC Delaware5
  • Fiber Technologies Solutions, LLC Delaware5
  • Gardens Capital Management, LLC Delaware5
  • Globe Communications, LLC North Carolina5
  • Ivy H. Smith Company, LLC Delaware5
  • Jansen Cable Construction, LLC Illinois5
  • Kanaan Communications, LLC Delaware5
  • Lambert’s Cable Splicing Company, LLC Delaware5
  • Locating, Inc. Washington5
  • NeoCom Solutions, LLC Georgia5
  • Niels Fugal Sons Company, LLC Delaware5
  • North Sky Communications, LLC Delaware5
All 45 listed subsidiaries
  • Parkside Utility Construction, LLC Delaware5
  • Pauley Construction, LLC Arizona5
  • Point to Point Communications, Inc. Louisiana5
  • Power Solutions, LLC Maryland5
  • Precision Valley Communications of Vermont, LLC Delaware5
  • Prince Telecom, LLC Delaware5
  • Professional Teleconcepts, LLC Illinois5
  • RJE Telecom, LLC Delaware5
  • Sage Telecommunications Corp. of Colorado, LLC Colorado5
  • Star Construction, LLC Delaware5
  • TCS Communications, LLC Delaware5
  • TelCom Construction, LLC Minnesota5
  • Texstar Enterprises, LLC Texas5
  • Tjader & Highstrom Utility Services, LLC Delaware5
  • Trawick Construction Company, LLC Florida5
  • Triple-D Communications, LLC Delaware5
  • UNTRA Express, LLC Delaware5
  • UtiliQuest, LLC Georgia5
  • Utility Technologies, LLC Alaska5
  • VCI Construction, LLC Delaware5
  • White Mountain Cable Construction, LLC Delaware5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 26, 20268-K Results of operations58
  2. Aug 25, 20268-K Executive or director change59
  3. Aug 4, 20268-K Executive or director change60
  4. Jun 1, 20268-K Executive or director change; Shareholder vote61
  5. May 27, 20268-K Results of operations62
  6. Mar 24, 20268-K Executive or director change63
  7. Mar 10, 20268-K Financial statements and exhibits64
  8. Mar 4, 20268-K Results of operations65
  9. Jan 27, 20268-K Entered a material agreement; New debt or obligation66
  10. Dec 23, 20258-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation67
  11. Dec 19, 20258-K Executive or director change68
  12. Nov 21, 20258-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure69
  13. Dec 2, 2024New chief executive Daniel S. Peyovich becomes CEO15
  14. Jan 5, 2006New chief executive Steven E. Nielsen becomes CEO16
  15. Aug 7, 1969Founded DYCOM INDUSTRIES INC is founded2

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Oct/2026 A year earlier it reported $3.63 a share, on Nov 19, 2025.70

When it reported results

  1. Aug 26, 2026Reported quarterly or annual results58
  2. May 27, 2026Reported quarterly or annual results62
  3. Mar 4, 2026Reported quarterly or annual results65
  4. Nov 19, 2025Reported quarterly or annual results71
  5. Aug 20, 2025Reported quarterly or annual results72
  6. May 21, 2025Reported quarterly or annual results73
  7. Feb 26, 2025Reported quarterly or annual results74
  8. Nov 20, 2024Reported quarterly or annual results75

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

389 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 83 major events, 219 insider forms, 32 large holders, 35 other. The latest 20:

  1. Oct 7, 20264 PRIMARY DOCUMENT EDGAR
  2. Oct 7, 2026SCHEDULE 13G EDGAR
  3. Oct 5, 2026144 EDGAR
  4. Sep 24, 20264 PRIMARY DOCUMENT EDGAR
  5. Sep 9, 20264 PRIMARY DOCUMENT EDGAR
  6. Sep 1, 20264 PRIMARY DOCUMENT EDGAR
  7. Aug 27, 202610-Q EDGAR
  8. Aug 26, 20268-K EDGAR
  9. Aug 25, 20268-K EDGAR
  10. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  11. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  12. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  13. Aug 5, 20263 PRIMARY DOCUMENT EDGAR
  14. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  15. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  16. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  17. Aug 5, 20264 PRIMARY DOCUMENT EDGAR
  18. Aug 5, 20263 PRIMARY DOCUMENT EDGAR
  19. Aug 4, 20268-K EDGAR
  20. Jul 28, 2026SCHEDULE 13G/A EDGAR

The 389 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

18 open-market trades by officers, directors and large owners since October 2021: 3 buys and 15 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 23, 2026Sabater Carmen MDirectorBuy350$280.62$98.2KForm 4
Sep 9, 2026Peyovich Daniel SPresident & CEOBuy850$296.76$252.2KForm 4
Sep 1, 2026Fallon David JosephDirectorBuy700$286.92$200.8KForm 4
Jan 9, 2026Gertel EitanDirectorSale3,645$345.62$1.3MForm 4
Jan 10, 2025Pruitt Peter T JrDirectorSale2,900$175.08$507.7KForm 4
Dec 18, 2024Fritzsche Jennifer MDirectorSale430$173.11$74.4KForm 4
Jul 11, 2024Lawson Jason TVP and CHROSale856$174.48$149.4KForm 4
Apr 1, 2024Lawson Jason TVP and CHROSale220$140.27$30.9KForm 4
Nov 24, 2023VILLAVERDE SHARONVP & Chief Accounting OfficerSale2,268$102.10$231.6KForm 4
Oct 11, 2023Lawson Jason TVP and CHROSale618$88.37$54.6KForm 4
Mar 30, 2023DeFerrari H AndrewSVP & CFOSale10,282$94.11$967.6KForm 4
Mar 30, 2023URNESS RYAN FSVP, GC & SecretarySale3,300$94.90$313.2KForm 4
Dec 21, 2022Sykes Richard KDirectorSale2,000$92.35$184.7KForm 4
Oct 4, 2022DUKE DWIGHT BDirectorSale4,534$103.69$470.1KForm 4
Oct 3, 2022VILLAVERDE SHARONVP & Chief Accounting OfficerSale750$100.01$75.0KForm 4
Aug 31, 2022DeFerrari H AndrewSVP & CFOSale27,007$111.96$3.0MForm 4
Aug 29, 2022NIELSEN STEVEN ECEOSale18,611$113.60$2.1MForm 4
Aug 26, 2022NIELSEN STEVEN ECEOSale69,062$112.75$7.8MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026Daniel S. PeyovichPresident and Chief Executive Officer$1.2M$8.0M85
2026Kevin M. WetheringtonExecutive Vice President and Chief Operating Officer$795.8K$4.9M85
2026H. Andrew DeFerrariSenior Vice President, Chief Financial Officer, and Treasurer$688.0K$3.8M85
2026Ryan F. UrnessSenior Vice President, General Counsel and Secretary$601.3K$2.8M85
2026Jill L. RamshawSenior Vice President and Chief Human Resources Officer$432.7K$2.2M85
2025Daniel S. PeyovichPresident and Chief Executive Officer$883.8K$6.8M85
2025H. Andrew DeFerrariSenior Vice President, Chief Financial Officer, and Treasurer$630.0K$3.8M85
2025Ryan F. UrnessSenior Vice President, General Counsel and Secretary$546.0K$2.9M85
2025Kevin M. WetheringtonExecutive Vice President and Chief Operating Officer$725.0K$2.1M85
2024Daniel S. PeyovichPresident and Chief Executive Officer$800.0K$4.2M85
2024H. Andrew DeFerrariSenior Vice President, Chief Financial Officer, and Treasurer$600.0K$2.6M85
2024Ryan F. UrnessSenior Vice President, General Counsel and Secretary$520.0K$1.9M85

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Peconic Partners LLC4,443,320$2.2B29.9%+330,000
BlackRock, Inc.2,993,578$1.5B0.0%−870,223
Vanguard Capital Management LLC1,353,000$684.1M0.0%+63,306
Vanguard Portfolio Management LLC1,277,931$646.1M0.0%−59,299
Hill City Capital, LP1,009,784$510.5M11.9%No change
Fmr LLC936,407$473.4M0.0%−23,375
State Street Corp935,699$473.1M0.0%−140,700
First Trust Advisors LP908,588$459.4M0.3%+109,889
Geode Capital Management, LLC660,733$334.1M0.0%−169,746
Millennium Management LLC593,715$300.2M0.2%−212,055
Bank Of America Corp /de/534,374$270.2M0.0%+88,544
Dimensional Fund Advisors LP478,612$242.0M0.0%−96,651
Invesco Ltd.412,022$208.3M0.0%+32,990
Arrowstreet Capital, Limited Partnership409,139$206.9M0.1%+12,899
Raymond James Financial Inc384,716$194.5M0.1%+133,327
Nordea Investment Management Ab380,637$194.2M0.2%−97,234
Charles Schwab Investment Management Inc346,896$175.4M0.0%−72,472
Morgan Stanley340,447$172.1M0.0%−6,992
Norges Bank283,056$143.1M0.0%New
Alyeska Investment Group, L.P.280,486$141.8M0.4%−73,714
Voya Investment Management LLC273,526$138.3M0.1%−66,198
Reaves W H & Co Inc263,260$133.1M2.0%+15,120
Northern Trust Corp256,640$129.8M0.0%−110,310
Principal Financial Group Inc233,685$118.1M0.1%−44,847
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.231,284$116.9M0.1%+4,553

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 22, 2025Julia LetlowRepublican, HouseBuy$1,001 - $15,000−25.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How DYCOM INDUSTRIES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDYCOM INDUSTRIES INC1
  • CIK0000067215
  • Employer ID (EIN)59-12771356
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company6
  • Incorporated inFlorida6
  • Fiscal year endsJanuary 301
  • Industry code (SIC)1623 Water, Sewer, Pipeline, Comm & Power Line Construction1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address300 Banyan Blvd, Suite 1101, West Palm Beach, FL 334011
  • Phone561-627-71711
  • Shares outstanding30,160,957 as of Aug 24, 202613
  • Public float$7.6B as of Jul 26, 20256
  • AuditorPricewaterhouseCoopers LLP, Miami, Florida PCAOB ID 238; it also attests to the company’s internal control over financial reporting6
  • On EDGAR sinceMar 16, 19951
  • Filings1,863 in all: 4 (912), 8-K (418), SC 13G/A (99), 10-Q (95), SC 13G (39), 3 (32), DEF 14A (32), 10-K (28)1
    All 45 form types

    DEFA14A (25), UPLOAD (18), ARS (14), CORRESP (14), 144 (13), S-8 (12), SC TO-I/A (10), S-4/A (9), 8-K/A (8), 425 (7), 5 (7), SCHEDULE 13G/A (7), 4/A (6), S-3 (6), S-3/A (5), S-3ASR (5), S-4 (4), SC TO-T/A (4), 10-K405 (3), 424B3 (3), EFFECT (3), SC 13D (3), 10-K/A (2), 424B1 (2), POS EX (2), RW (2), SC 13D/A (2), SC TO-I (2), SCHEDULE 13G (2), 10-KT (1), 10-Q/A (1), 8-A12B (1), 8-A12B/A (1), POS AM (1), PRE 14A (1), SC TO-C (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 9, 2026
    Quarterly report (10-Q) Aug 27, 2026
    Proxy statement (DEF 14A) Apr 16, 2026
    Latest 8-K (8-K) Aug 26, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.33 1/3 per shareDYNew York Stock Exchange

From the cover page of the 10-K filed Mar 9, 2026 (Section 12(b) of the Exchange Act).6

Risk factors and legal proceedings

The risks DYCOM INDUSTRIES INC names in Item 1A of its 10-K filed Mar 9, 2026: 39 risks under these headings, as written.6

  • Risks Related to Financial Performance or General Economic Conditions
  • Trade restrictions could be imposed on goods, materials or component parts used in our business that we import from other countries, which could have an adverse effect on our results of operations.
  • We derive a significant portion of our revenues from a small number of customers, and the loss of one or more of these customers could adversely affect our revenues, results of operations, and liquidity.
  • The capital and operating expenditure budgets and seasonal spending patterns of our customers affect demand for our services and the addition of new customers with differing behaviors may adversely impact our business.
  • Pandemics and public health emergencies could materially disrupt our business and negatively impact our operating results, cash flows and financial condition.
  • Seasonality and adverse weather conditions affect demand for our services.
  • We derive a significant portion of our revenues from multi-year master service agreements and other long-term contracts which our customers may cancel at any time or may reschedule or modify previously assigned work.
  • Our contracts contain provisions that may require us to pay damages or incur costs if we fail to meet our contractual obligations.
  • Our backlog is subject to reduction or cancellation, and revenues may be realized in different periods than initially reflected in our backlog.
  • We have a significant amount of accounts receivable and contract assets, which could become uncollectible.
  • Our profitability is based on delivering services within the estimated costs established when we price our contracts.
  • Regulatory changes and requirements associated with government funding that is associated with certain capital spending initiatives of our customers may affect their spending on the services we provide.
The other 28 risks
  • Technological change and decreased demand for new or additional digital infrastructure may affect our customers’ spending on the services we provide.
  • Our business is dependent on keeping pace with technological developments impacting our services and those of our customers.
  • Our business is labor-intensive, and we may be unable to attract, retain and ensure the productivity of qualified employees or to pass increased labor and training costs to our customers.
  • We may be unable to secure or retain qualified subcontractors to fulfill our obligations, or our subcontractors may fail to satisfy their obligations to us, either of which may adversely affect our relationships with our customers or cause us to incur additional costs.
  • Changes in fuel prices may increase our costs, and we may not be able to pass along increased fuel costs to our customers.
  • Increases in healthcare costs could adversely affect our financial results.
  • Fluctuations in our effective tax rate and tax liabilities may cause volatility in our financial results.
  • We may incur impairment charges on goodwill or other intangible assets.
  • The market price of our common stock has been, and may continue to be, highly volatile.
  • Risks Related to the Operation of Our Business
  • Our operations involve activities that are inherently dangerous. If our activities result in, or if it is alleged that our activities have resulted in, damage or destruction to the property of others, or in injury or death to others, we could be exposed to significant financial losses, reputational harm and civil and criminal liabilities.
  • Changes in the cost or availability of materials may adversely affect our revenues and results of operations.
  • A failure in our information technology systems could negatively impact our business.
  • The loss or long-term incapacitation of one or more of our executive officers or other key employees could adversely affect our business.
  • The preparation of our financial statements requires management to make certain estimates and assumptions that may differ from actual results.
  • Risks Related to Laws and Regulations
  • Our failure to comply with occupational health and workplace safety requirements could result in significant liabilities or enforcement actions and adversely impact our ability to perform services for our customers.
  • Our failure to comply with worker eligibility and immigration laws or changes to such laws could result in significant liabilities and harm our reputation with our customers, as well as cause disruption to our operations.
  • Our failure to comply with various laws and regulations related to the construction and operation of utilities, contractor licensing and the operation of our fleet of commercial motor vehicles could result in significant liabilities.
  • Our failure to comply with environmental laws could result in significant liabilities.
  • We retain the risk of loss for the occurrence of certain liabilities.
  • We may be subject to litigation, indemnity claims, and other disputes, which could result in significant liabilities and adversely impact our financial results.
  • We may be subject to warranty claims, which could result in significant liabilities and adversely impact our financial results.
  • Anti-takeover provisions of Florida law and provisions in our articles of incorporation and by-laws could make it more difficult to effect an acquisition of our Company or a change in our control.
  • Risks Related to Our Ability to Grow Our Business
  • We may not have access in the future to sufficient capital on favorable terms or at all. We may require additional capital to pursue acquisitions, fund capital expenditures, for working capital needs, or to respond to changing business conditions.
  • Our debt obligations impose restrictions that may limit our operating and financial flexibility, and a failure to comply with these obligations could result in the acceleration of our debt.
  • The specialty contracting services industry in which we operate is highly competitive.
  • We face competition from the in-house service organizations of our customers.
  • Risks Related to Strategic Transactions
  • We may not realize the growth opportunities and synergies that we anticipate from the Power Solutions Acquisition or other strategic acquisitions.
  • Our failure to identify future acquisition targets or successfully complete transactions may adversely impact our business and our failure to perform sufficient due diligence prior to completing acquisitions could result in significant liabilities.

Legal proceedings

Refer to Note 22, Commitments and Contingencies, in the Notes to the Consolidated Financial Statements in this Annual Report on Form 10‑K.

The opening of Item 3, Legal Proceedings.6

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