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Dycom Industries Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Dycom Industries holds $6.2B in total assets. Shareholders' equity is $1.9B against $3.0B in total debt. Cash and equivalents total $540.5M. The current ratio is 2.58 and debt-to-equity is 1.59. Based on the Q2 2026 filing.

Total Assets$6.2BTotal Stockholders Equity$1.9BLong Term Debt$2.8BCash And Equivalents$540.5MTotal Current Assets$3.0BTotal Current Liabilities$1.1B
Latest FilingQ2 2026
Report Date2026-05-28
Market Cap$16.1B
P/E Ratio51.59
ROE19.7%

Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Accounts payable$223.5M$259.2M$264.9M$297.1M$497.3M$666.6M
Accrued compensation$61.2M$26.2M$49.2M$64.8M$117.5M$54.9M
Accrued expenses$167.0M$135.2M$172.3M$193.4M$256.5M$225.7M
Commercial Paper Outstanding$47.5M$47.5M$47.5M$53.6M$53.6M$53.6M
Contract liabilities$73.5M$92.1M$69.9M$54.8M$158.5M$155.8M
Other accrued liabilities$32.8M$29.9M$36.6M$30.6M$41.4M$30.8M
Workers Compensation Liability Current And Noncurrent$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M
Current portion of long-term debt$10.0M$15.0M$20.0M$20.0M$4.0M$6.0M
Customer Advances (Current)$4.9M$4.6M$4.3M$4.0M$10.6M$10.0M
Customer Deposits$11.3M$10.4M$8.0M$10.3M$11.0M$10.3M
Deferred revenue$801.4M$907.5M$976.6M$999.0M$880.4M$1.1B
Income taxes payable$30.6M$45.1M$0.0$0.0$771.0K$0.0
Lease Liability Payments - 2020 (Remaining Three Months)—$26.8M$21.0M$10.4M—$37.5M
Operating Lease Liability Payments - 2024 (Lessee)—$22.6M$25.5M$29.4M—$34.1M
Operating Lease Liability Payments - 2025 (Lessee)—$8.3M$8.9M$11.5M—$18.1M
Lease Liability Payments - Due Year Two—$22.6M$25.5M$29.4M—$34.1M
Lease Liability Payments - Due Year Three—$14.1M$15.4M$18.9M—$23.9M
Lease Liability Payments - Due Year Four—$8.3M$8.9M$11.5M—$18.1M
Lease Liability Payments - Remainder of Fiscal Year—$35.3M$38.9M$43.6M—$43.1M
Note payable to DIRECTV$32.8M$29.9M$36.6M$30.6M$41.4M$30.8M
Operating lease liabilities, current$35.8M$38.2M$39.2M$38.1M$42.3M$44.8M
Operating Lease Liability Payments Due—$132.3M$136.7M$145.6M—$221.7M
Operating Lease Liability - Undiscounted Excess Amount—$19.2M$18.9M$20.5M—$38.5M
Supplier Finance Program Obligations—$226.4M———$349.4M
Total current liabilities$587.2M$631.8M$612.7M$656.5M$1.0B$1.1B
Claims and insurance accruals$46.7M$47.1M$46.3M$53.1M$47.6M$50.4M

Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Accounts receivable, net$1.4B$1.5B$1.6B$1.6B$1.7B$2.0B
Allowance for Doubtful Accounts$1.1M$825.0K$2.6M$2.5M$2.6M$2.9M
Allowance for Doubtful Accounts Receivable (Current)$1.1M$825.0K$2.6M$2.5M$2.6M$2.9M
Cash and cash equivalents$94.5M$17.8M$30.2M$111.8M$710.9M$540.5M
Contract assets$63.4M$102.0M$119.7M$147.6M$162.3M$240.1M
Other current assets$34.6M$45.8M$44.4M$41.5M$40.2M$50.7M
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)$1.2M$1.6M$1.4M$1.4M$55.0K$1.6M
Income taxes receivable$3.0M$0.0$35.8M$19.9M$19.9M$16.9M
Inventories$127.3M$133.0M$122.6M$120.1M$128.3M$143.3M
Other Receivables$1.2M$1.6M$1.4M$1.4M$55.0K$1.6M
Prepaid expenses and other current assets$34.6M$32.4M$33.6M$28.4M$27.8M$37.4M
Restricted cash$1.4M$1.4M$1.4M$1.4M$1.4M$1.4M
Total current assets$1.7B$1.8B$1.9B$2.0B$2.8B$3.0B

Non-Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Accumulated Goodwill Impairment Losses$249.0M$249.0M$249.0M$249.0M$249.0M$249.0M
Deferred tax assets$32.2M$32.0M$67.7M$85.1M$85.2M$96.5M
Deferred Tax Assets and Other Non-Current Assets$46.6M$62.6M$75.7M$95.5M$107.9M$117.5M
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)—$18.8M$18.8M$18.8M—$63.8M
Finite-Lived Intangible Assets - Expected Amortization Expense (Year Five)—$45.5M$45.5M$45.5M—$262.5M
Goodwill$330.3M$330.5M$332.6M$332.6M$1.4B$1.5B
Intangible Assets Gross (Excluding Goodwill)$509.2M$509.2M$509.2M$509.2M$1.3B$1.3B
Intangible assets, net$219.7M$203.1M$191.1M$179.3M$925.9M$863.0M
Net Investment in Lease$112.2M$112.0M$112.1M$118.8M$169.6M$176.3M
Intangible assets — net—$203.1M$191.1M$179.3M—$863.0M
Insurance receivable for Aliso Canyon costs$3.3M$8.0M$9.6M$14.8M$8.6M$13.8M
Other intangible assets—net$219.7M$207.8M$195.8M$184.0M$925.9M$867.7M
Operating lease right-of-use assets$112.2M$112.0M$112.1M$118.8M$169.6M$176.3M
Other non-current assets$46.6M$62.6M$75.7M$95.5M$107.9M$117.5M
Property, plant and equipment at cost$1.6B$1.6B$1.6B$1.6B$1.7B$1.7B
Operating lease right-of-use assets11215100000.0%5.8%5.8%5.8%5.8%5.7%
Operating Lease Right-of-Use Assets in Other Assets$112.2M$112.0M$112.1M$118.8M$169.6M$176.3M
Other non-current assets$46.6M$62.6M$75.7M$95.5M$107.9M$117.5M
Accumulated depreciation$1.0B$1.0B$1.0B$1.1B$1.1B$1.2B
Property and equipment, net$541.9M$567.4M$564.7M$567.9M$575.4M$591.6M
Software and Technology Licenses, Net$46.6M$62.6M$75.7M$95.5M$107.9M$117.5M
Total assets$2.9B$3.1B$3.2B$3.3B$6.0B$6.2B

Equity

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Additional paid-in capital$9.0M$9.1M$15.2M$22.4M$381.7M$326.9M
Common stock9.7M150M150M150M150M150M
Common Stock Par Value Per Share$0.33$0.33$0.33$0.33$0.33$0.33
Common Stock Shares Issued29M28.9M28.9M29M30M30M
Convertible Preferred Stock Authorized Shares1M1M1M1M1M1M
Convertible Preferred Stock Issued Shares000000
Convertible Preferred Stock Outstanding Shares000000
Cumulative Gross Losses and Impairments$249.0M$249.0M$249.0M$249.0M$249.0M$249.0M
Additional paid-in capital$9.0M$9.1M$15.2M$22.4M$381.7M$326.9M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$9.7M$9.6M$9.6M$9.7M$10.0M$10.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Preferred stock$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock Par Value Per Share$1.00$1.00$1.00$1.00$1.00$1.00
Retained earnings$1.2B$1.2B$1.3B$1.5B$1.5B$1.6B
Share Repurchase Authorization Limit—$119.8M$119.8M$119.8M—$83.9M
Share Repurchase Program - Amount Remaining—$119.8M$119.8M$119.8M—$83.9M
Total liabilities and stockholders' equity$2.9B$3.1B$3.2B$3.3B$6.0B$6.2B
Total stockholders' equity$1.2B$1.3B$1.4B$1.5B$1.9B$1.9B

Other

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Cumulative Cost Basis$1.6B$1.6B$1.6B$1.6B$1.7B$1.7B
Guarantor Obligations - Maximum Exposure$31.0M$31.0M$31.0M$31.0M$43.6M$43.6M
Indemnification Liability Maximum Exposure$31.0M$31.0M$31.0M$31.0M$43.6M$43.6M
Line of Credit Remaining Borrowing Capacity$602.5M$513.5M$517.5M$596.4M$746.4M$746.4M
Accounts Receivable, after Allowance for Credit Loss$1.4B$1.5B$1.6B$1.6B$1.7B$2.0B
Accrued construction costs and other accrued purchase orders$37.5M$36.4M$40.9M$48.7M$47.9M$71.7M
Accrued Insurance Current And Noncurrent$96.5M$102.3M$100.9M$119.2M$105.6M$116.4M
Employee payroll tax withheld on employee stock transactions$35.4M$42.7M$45.6M$49.2M$49.7M$68.3M
Accounts Receivable, Allowance for Credit Loss$1.1M$825.0K$2.6M$2.5M$2.6M$2.9M
Allowance for doubtful accounts$1.1M$825.0K$2.6M$2.5M$2.6M$2.9M
Retentions held by customers$538.5M$587.9M$585.3M$560.4M$699.9M$761.1M
Common stock, par value (in dollars per share)$0.3$0.3$0.3$0.3$0.3$0.3
Common stock, shares authorized (in shares)$150.0M$150.0M$150.0M$150.0M$150.0M$150.0M
Common stock, shares issued (in shares)$29.0M$28.9M$28.9M$29.0M$30.0M$30.0M
Common Stock, Shares, Outstanding$29.0M$28.9M$28.9M$29.0M$30.0M$30.0M
Retainage$34.9M$33.2M$28.7M$30.1M$119.3M$116.5M
Contract with Customer, Asset, after Allowance for Credit Loss—$9.9M$49.8M$92.8M—$84.3M
Contract with Customer, Liability$73.5M$92.1M$69.9M$54.8M$158.5M$155.8M
Contract With Customer, Liability, Net$10.2M———-$3.8M—
Convertible debt, closing price determination value—100.00100.00100.00—100.00
Convertible debt, closing trading price per $10094.6594.0697.2898.4898.4497.73
Deferred income taxes$32.2M$32.0M$67.7M$85.1M$85.2M$96.5M
Finite-Lived Intangible Assets, Accumulated Amortization$289.4M$301.4M$313.3M$325.2M$358.2M$416.5M
2028—$26.5M$26.5M$26.5M—$91.8M
2030—$18.8M$18.8M$18.8M—$63.8M
2031—$18.1M$18.1M$18.1M—$61.0M
Remainder of 2026—$36.4M$24.5M$12.6M—$163.8M
2027—$38.5M$38.5M$38.5M—$128.6M
2029—$19.3M$19.3M$19.3M—$91.3M
Finite Lived Intangible Assets Amortization Expense After Year Five—$45.5M$45.5M$45.5M—$262.5M
Goodwill accumulated impairment losses$249.0M$249.0M$249.0M$249.0M$249.0M$249.0M
Value of financial guarantee (up to)$31.0M$31.0M$31.0M$31.0M$43.6M$43.6M
Hosting arrangement, service contract, implementation cost, capitalized, accumulated amortization—$400.0K———$1.0M
Cloud computing arrangements$29.8M$41.6M$53.5M$55.5M$61.7M$65.7M
Tax receivable within other current assets$3.0M$0.0$35.8M$19.9M$19.9M$16.9M
Insurance recovery benefits$3.3M$8.0M$9.6M$14.8M$8.6M$13.8M
Indefinite- lived intangible impairment$509.2M$509.2M$509.2M$509.2M$1.3B$1.3B
Lessee Operating Lease Liability Payments Due—$132.3M$136.7M$145.6M—$221.7M
Thereafter—$21.2M$22.6M$25.1M—$52.0M
Lessee Operating Lease Liability Undiscounted Excess Amount—$19.2M$18.9M$20.5M—$38.5M
Letters of Credit Outstanding, Amount$47.5M$47.5M$47.5M$53.6M$53.6M$53.6M
Number of states with state-sponsored insurance fund—2.002.002.00—2.00
Operating Lease Weighted Average Discount Rate Percent$0.1$0.1$0.1$0.1$0.1$0.1
Other accrued liabilities$167.0M$135.2M$172.3M$193.4M$256.5M$225.7M
Other Deferred Costs Net$4.9M$4.6M$4.3M$4.0M$10.6M$10.0M
Other non-current assets$8.0M$49.6M$8.0M$20.8M$26.7M$27.6M
Preferred Stock, Par or Stated Value Per Share$1.0$1.0$1.0$1.0$1.0$1.0
Preferred Stock, Shares Authorized$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M
Preferred Stock, Shares Issued$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock, Shares Outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Prepaid expenses$20.7M$32.4M$33.6M$28.4M$27.8M$37.4M
Share Repurchase Program, Authorized, Amount—$150.0M————
Share Repurchase Program, Remaining Authorized, Amount—$119.8M$119.8M$119.8M—$83.9M
Supplier finance program, obligation—$226.4M———$349.4M
Unbilled balances$801.4M$907.5M$976.6M$999.0M$880.4M$1.1B
Remainder of Fiscal Year 2024—$26.8M$21.0M$10.4M—$37.5M
Remainder of Fiscal Year 2025—$36.4M$24.5M$12.6M—$163.8M

Non-Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Operating Lease Liability Payments - 2026 (Lessee)—$14.1M$15.4M$18.9M—$23.9M
Operating Lease Liability Payments - 2027 (Lessee)—$4.0M$4.3M$6.7M—$12.9M
Operating Lease Liability Payments - 2028 (Lessee)—$8.3M$8.9M$11.5M—$18.1M
Operating Lease Liability Payments - 2029 (Lessee)—$4.0M$4.3M$6.7M—$12.9M
Long-term debt$943.2M$1.0B$1.0B$939.5M$2.8B$2.8B
Operating lease liabilities, non-current$76.9M$74.9M$78.6M$87.0M$135.2M$138.4M
Operating Lease Liabilities (Total)$112.8M$113.1M$117.8M$125.2M$177.5M$183.2M
Other non-current liabilities$27.0M$27.2M$27.6M$27.4M$24.3M$24.7M
Total liabilities$1.7B$1.8B$1.9B$1.8B$4.1B$4.3B