Dycom Industries (DY) Operating Margin (2011 - 2025)

Dycom Industries has disclosed Operating Margin across 15 years of filings, most recently posting 67.56% for Q4 2025.

• In Q4 2025, Operating Margin rose 363.0% year-over-year to 67.56%; the TTM figure through Oct 2025 stood at 70.98% (up 219.0% YoY), while the FY2025 annual figure 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.
• Average Operating Margin over 5 years is 75.84%, with a median of 75.01% recorded in 2022.
• Year-over-year, Operating Margin slumped 527 bps in 2021 and surged 761 bps in 2023.
• Over 5 years, 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.
• Per Business Quant data, the three most recent Operating Margin figures were 67.56% in Q4 2025, 67.54% in Q3 2025, and 73.55% in Q2 2025.