Dycom Industries vs Primoris Services
Primoris Services is the larger business, with $7.57bn of revenue in fiscal 2025 against $5.55bn for Dycom Industries (1.4 times as much). Primoris Services grew faster (19.0% against 17.9%). Dycom Industries kept more of each dollar of sales as profit: a net margin of 5.1% against 3.6%.
| Latest fiscal year | Dycom IndustriesDY, 2026 | Primoris ServicesPRIM, 2025 |
|---|---|---|
| Revenue | $5.55bn | $7.57bn |
| Revenue growth | 17.9% | 19.0% |
| Net income | $281m | $275m |
| Operating margin | — | 5.4% |
| Net margin | 5.1% | 3.6% |
| Return on equity | 18.2% | 17.8% |
| Free cash flow | $402m | $341m |
| Cash | $709m | $536m |
| Total debt | $2.81bn | $473m |
| Debt to equity | — | 28.1% |
| Dividend per share | — | $0.32 |
| Dividend yield | — | 0.4% |
| Share buybacks | $30.2m | — |
| Employees | — | — |
| Market value | $6.88bn | $4.28bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 44 (Weak) | 43 (Weak) |
| Insider trades, 12 months | 3 buys, 1 sales | 5 buys, 13 sales |