Dycom Industries (DY) Operating Margin (2010 - 2025)

Dycom Industries has disclosed Operating Margin across 16 years of filings, most recently posting 67.56% for Q4 2025.

• Operating Margin for Q4 2025 came in at 67.56%, up 363.0% year-over-year; the trailing twelve-month figure through Oct 2025 was 70.98% (up 219.0% YoY), and the FY2025 annual result was 72.93%, down 16.0% from the prior year.
• Operating Margin came in at 67.56% for Q4 2025 at Dycom Industries, roughly flat from 67.54% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 67.53% in Q4 2023 to a low of 86.29% in Q1 2021.
• The 5-year median for Operating Margin is 75.01% (2022), against an average of 75.84%.
• Across the five-year window, Operating Margin tumbled 527 bps in 2021 and jumped 761 bps in 2023, its largest moves.
• Dycom Industries' Operating Margin stood at 77.57% in 2021, then increased by 4 bps to 74.21% in 2022, then rose by 9 bps to 67.53% in 2023, then dropped by 5 bps to 71.19% in 2024, then grew by 5 bps to 67.56% in 2025.
• The last three Operating Margin figures came in at 67.56% (Q4 2025), 67.54% (Q3 2025), and 73.55% (Q2 2025), per Business Quant data.