Ducommun Inc (DCO) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.98	$1.18	+20.4%	—	$224.5M	—
Q1 26	$0.72	$0.75	+4.2%	—	$209M	—
Q4 25	$0.96	$1.05	+9.4%	—	$215.8M	—
Q3 25	$0.95	$0.99	+4.2%	—	$212.6M	—
Q2 25	$0.82	$0.88	+7.3%	—	$202.3M	—
Q1 25	$0.7	$0.83	+18.6%	—	$194.1M	—
Q4 24	$0.81	$0.75	-7.4%	—	$197.3M	—
Q3 24	$0.74	$0.99	+33.8%	—	$201.4M	—
Q2 24	$0.61	$0.83	+36.1%	—	$197M	—
Q1 24	$0.57	$0.7	+22.8%	—	$190.8M	—
Q4 23	$0.62	$0.7	+12.9%	—	$192.2M	—
Q3 23	$0.61	$0.7	+14.8%	—	$196.3M	—
Q2 23	$0.56	$0.54	-3.6%	—	$187.3M	—
Q1 23	$0.6	$0.63	+5.0%	—	$181.2M	—
Q4 22	$0.85	$0.85	0.0%	—	$188.3M	—
Q3 22	$0.85	$0.96	+12.9%	—	$186.6M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$2.27	—	—	$824.8M	—
FY24	—	$2.13	—	—	$786.6M	—
FY23	—	$1.16	—	—	$757M	—
FY22	—	$2.38	—	—	$712.5M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$550.6M	$558.2M	$629.3M	$721.1M	$628.9M	$645.4M	$712.5M	$757M	$786.6M	$824.8M
YoY change	-17.3%	+1.37%	+12.7%	+14.6%	-12.8%	+2.62%	+10.4%	+6.24%	+3.9%	+4.87%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	550.6M	558.2M	629.3M	721.1M	628.9M	645.4M	712.5M	757M	786.6M	824.8M
Cost of revenue	444.1M	455.1M	506.7M	568.9M	491.2M	503M	568.2M	593.8M	589.3M	603.2M
Gross profit	106.5M	103.1M	122.6M	152.2M	137.7M	142.5M	144.3M	163.2M	197.3M	221.6M
Gross margin	19.3%	18.5%	19.5%	21.1%	21.9%	22.1%	20.3%	21.6%	25.1%	26.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	77.1M	79.1M	84M	96M	89.8M	93.6M	98.4M	119.7M	138.6M	147.8M
Operating expenses	77.1M	79.1M	84M	96M	89.8M	93.6M	98.4M	119.7M	138.6M	147.8M
Operating income	29.4M	24M	38.6M	56.2M	47.9M	48.9M	45.9M	43.5M	58.7M	73.8M
Operating margin	5.34%	4.3%	6.13%	7.8%	7.62%	7.57%	6.45%	5.74%	7.46%	8.95%
Non-operating income, net	17.6M	-7.5M	-15.3M	-180K	-2.3M	132.8M	-1.1M	-6.3M	-6.4M	-108.4M
Pretax income	38.1M	7.6M	10.3M	37.8M	32M	170.5M	33.3M	16.4M	36.9M	-47.2M
Income tax	12.9M	-12.5M	1.2M	5.3M	2.8M	34.9M	4.5M	451K	5.4M	-9.9M
Net income	25.3M	20.1M	9M	32.5M	29.2M	135.5M	28.8M	15.9M	31.5M	-37.4M
Net margin	4.59%	3.6%	1.44%	4.5%	4.64%	21%	4.04%	2.1%	4%	-4.53%
EBITDA	52.5M	47.7M	64.2M	84.5M	76.9M	77.5M	82.8M	84.3M	92.1M	109.2M
EPS	2.27	1.78	0.79	2.82	2.5	11.4	2.38	1.16	2.13	-2.27
Diluted EPS	2.24	1.74	0.77	2.75	2.45	11.1	2.33	1.14	2.1	-2.27

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	196.3M	192.2M	190.8M	197M	201.4M	197.3M	194.1M	202.3M	212.6M	215.8M	209M	224.5M
Cost of revenue	151.6M	150.5M	143.9M	145.8M	148.7M	150.9M	142.5M	148.5M	156.1M	156M	152.8M	161.6M
Gross profit	44.6M	41.7M	46.9M	51.2M	52.7M	46.4M	51.6M	53.7M	56.5M	59.8M	56.2M	62.9M
Gross margin	22.7%	21.7%	24.6%	26%	26.2%	23.5%	26.6%	26.6%	26.6%	27.7%	26.9%	28%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	32.2M	31M	33M	36.1M	35.5M	34.1M	34.6M	36M	36.3M	37.6M	40.5M	34.6M
Operating expenses	32.2M	31M	33M	36.1M	35.5M	34.1M	34.6M	36M	36.3M	37.6M	40.5M	34.6M
Operating income	12.4M	10.7M	14M	15.2M	17.2M	12.3M	17M	17.8M	20.2M	22.2M	15.7M	28.3M
Operating margin	6.33%	5.58%	7.33%	7.7%	8.53%	6.23%	8.76%	8.79%	9.51%	10.3%	7.52%	12.6%
Non-operating income, net	-3.8M	-1.5M	-1.4M	-1.3M	-1.9M	-1.9M	-426K	1.1M	-100.3M	-8.8M	—	—
Pretax income	3.2M	3.8M	8.7M	9.9M	11.4M	6.8M	13.3M	15.9M	-83M	9.9M	11.7M	24.8M
Income tax	26K	-1.3M	1.9M	2.2M	1.3M	8K	2.8M	3.4M	-18.5M	2.5M	1.8M	4.4M
Net income	3.2M	5.1M	6.8M	7.7M	10.1M	6.8M	10.5M	12.6M	-64.4M	7.4M	9.9M	20.4M
Net margin	1.64%	2.66%	3.59%	3.92%	5.04%	3.43%	5.41%	6.21%	-30.3%	3.45%	4.74%	9.09%
EBITDA	20.9M	19.2M	22.3M	23.4M	25.7M	20.6M	25.6M	27.8M	28.5M	30.7M	24M	36.9M
EPS	0.22	0.35	0.47	0.52	0.69	0.46	0.71	0.84	-4.3	0.5	0.66	1.35
Diluted EPS	0.22	0.34	0.46	0.52	0.67	0.45	0.69	0.82	-4.3	0.48	0.64	1.31

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	285M	321.2M	413.7M	582M	627M	555.6M	603.2M	—	940.5M	1.4B	2.6B
Enterprise value	444.5M	535.1M	634.6M	870.8M	907.1M	799.9M	839.8M	—	1.2B	1.7B	2.9B
Shares outstanding	11.2M	11.3M	11.4M	11.5M	11.7M	11.9M	12.1M	13.7M	14.8M	14.9M	14.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	11.3	16	45.8	17.9	21.5	4.1	21	—	29.9	—	34.7
P/S	0.52	0.58	0.66	0.81	1	0.86	0.85	—	1.2	1.72	2.94
P/B	1.34	1.36	1.61	1.99	1.9	1.17	1.15	—	1.38	2.15	3.69
EV/EBITDA	8.47	11.2	9.89	10.3	11.8	10.3	10.1	—	12.8	15.8	22.6
EV/Sales	0.81	0.96	1.01	1.21	1.44	1.24	1.18	—	1.49	2.09	3.34
Earnings yield	8.86%	6.25%	2.18%	5.58%	4.65%	24.4%	4.77%	—	3.35%	—	2.88%
FCF yield	9.22%	2.44%	6.92%	5.63%	0.02%	-3.14%	2.15%	—	2.13%	-3.42%	2.25%
PEG	—	—	—	—	—	—	—	—	—	—	0.57

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	19.3%	18.5%	19.5%	21.1%	21.9%	22.1%	20.3%	21.6%	25.1%	26.9%	28%
Operating margin	5.34%	4.3%	6.13%	7.8%	7.62%	7.57%	6.45%	5.74%	7.46%	8.95%	12.6%
Net margin	4.59%	3.6%	1.44%	4.5%	4.64%	21%	4.04%	2.1%	4%	-4.53%	-2.45%
ROE	11.9%	8.52%	3.52%	11.1%	8.86%	28.6%	5.47%	2.5%	4.61%	-5.65%	-3.03%
ROA	4.9%	3.54%	1.4%	4.11%	3.48%	13.8%	2.82%	1.42%	2.8%	-3.15%	4.97%
ROIC	5.24%	5.34%	7.11%	8.31%	7.17%	5.41%	5.21%	4.75%	5.46%	7.67%	8.78%
Return on tangible assets	17.2%	19.6%	6.09%	18.9%	11.8%	47.1%	7.99%	5.33%	9.33%	-8.66%	-5.49%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.62	2.75	2.25	2.36	2.87	3.03	2.64	2.99	3.24	3.49	3.36
Quick ratio	1.23	1.23	1.45	1.58	1.97	2.1	1.79	1.91	2.12	2.47	2.38
Debt / equity	0.79	0.92	0.9	1.12	1.02	0.68	0.54	0.46	0.4	0.52	0.48
Debt / assets	0.32	0.38	0.36	0.42	0.4	0.33	0.28	0.26	0.24	0.29	0.27
Net debt / EBITDA	3.04	4.49	3.44	3.42	3.64	3.15	2.86	3	2.55	2.75	2.46
Interest coverage	5.27	1.86	1.79	3.06	3.34	16.2	3.88	1.79	3.41	-2.73	-1.62
Effective tax rate	33.7%	0%	12%	14%	8.78%	20.5%	13.6%	2.75%	14.7%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	49.4	49.4	55.3	62.6	53.9	54.3	59	55.2	53.2	55.2	57.5
EPS (basic)	2.27	1.78	0.79	2.82	2.5	11.4	2.38	1.16	2.13	-2.27	-2.27
EPS (diluted)	2.24	1.74	0.77	2.75	2.45	11.1	2.33	1.14	2.1	-2.27	-1.26
Book value per share	19	20.9	22.5	25.4	28.2	40	43.6	46.4	46.2	44.3	45.7
FCF per share	2.36	0.69	2.51	2.84	0.01	-1.47	1.08	0.84	1.36	-3.26	-1.57
Cash per share	0.67	0.19	0.9	3.44	4.84	6.42	3.83	3.12	2.51	3.03	2.85
Capex per share	1.52	2.45	1.55	1.59	1.07	10.6	1.63	1.42	0.96	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.09%	4.95%	2.8%	2.54%	1.99%	19.6%	2.76%	2.58%	1.8%	—	—
Capex / operating cash flow	27.4%	95.4%	53.2%	36.5%	114.8%	93.9%	80.8%	62.4%	42.9%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%
Dividend yield	—	—	—	—	—	—	—	—	—	—	0.18%

Yield

0.18%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.075

ex-dividend Feb 16, 2011

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Feb 16, 2011	$0.075
Nov 17, 2010	$0.075
Aug 18, 2010	$0.075
May 19, 2010	$0.075
Feb 17, 2010	$0.075
Nov 18, 2009	$0.075
Aug 19, 2009	$0.075
May 20, 2009	$0.075

Split history

Date	Ratio
Jun 11, 1998	3:2
Mar 25, 1988

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$196.3M	$192.2M	$190.8M	$197M	$201.4M	$197.3M	$194.1M	$202.3M	$212.6M	$215.8M	$209M	$224.5M
YoY change	+5.18%	+2.1%	+5.33%	+5.17%	+2.63%	+2.63%	+1.71%	+2.67%	+5.53%	+9.38%	+7.68%	+11%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	7.4M	2.1M	10.3M	39.6M	56.5M	76.3M	46.2M	42.9M	37.1M	45.3M
Receivables	76.2M	74.1M	67.8M	67.1M	58M	72.3M	104M	104.7M	109.7M	124.4M
Inventory	119.9M	122.2M	101.1M	112.5M	129.2M	150.9M	171.2M	199.2M	196.9M	182.8M
Total current assets	225.9M	221M	284.1M	340.8M	410.3M	492.6M	527.3M	549.6M	568.1M	626M
Property, plant & equipment	51.7M	53.2M	49.4M	91.8M	82M	86M	89.7M	88.8M	81M	86.4M
Goodwill & intangibles	368.3M	464.3M	496.3M	618.6M	591.1M	690.9M	661.2M	821.9M	788.4M	754.9M
Total assets	515.4M	566.8M	644.7M	790.4M	837.3M	978.7M	1B	1.1B	1.1B	1.2B
Accounts payable	57M	51.9M	69.3M	82.6M	64M	66.1M	90.1M	72.3M	75.8M	74.7M
Short-term debt	3K	—	2.3M	10M	10.1M	13.1M	13.4M	15.7M	21M	12.8M
Total current liabilities	86.3M	80.2M	126.5M	144.7M	142.9M	162.6M	199.4M	183.7M	175.5M	179.2M
Long-term debt	166.9M	216.1M	228.9M	318.5M	326.5M	307.5M	269.4M	279.9M	251.1M	333M
Total liabilities	303.3M	331.2M	387.9M	497.6M	508M	504.1M	495.5M	484.8M	443.6M	524.9M
Shareholders' equity	212.1M	235.6M	256.8M	292.8M	329.3M	474.6M	526M	636.1M	682.5M	661.5M
Total debt	166.9M	216.1M	231.2M	328.4M	336.6M	320.6M	282.8M	295.6M	272.1M	345.8M
Net debt	159.5M	213.9M	220.9M	288.8M	280.1M	244.3M	236.6M	252.7M	235M	300.5M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	27.2M	42.9M	32.1M	29.4M	37.3M	37.1M	30.7M	37.1M	50.9M	45.3M	39.1M	39.8M
Receivables	104.6M	104.7M	104.5M	106.6M	107.7M	109.7M	119.2M	119.7M	111.3M	124.4M	137M	146.9M
Inventory	215.2M	199.2M	209M	201.8M	185.8M	196.9M	197.4M	197.3M	192.8M	182.8M	186.3M	191.7M
Total current assets	556.7M	549.6M	563.9M	568.7M	570.4M	568.1M	578.5M	598.2M	681.4M	626M	633.9M	661.4M
Property, plant & equipment	143.7M	88.8M	139.6M	138.4M	140.3M	81M	135.5M	133.3M	149.5M	86.4M	143.6M	161.7M
Goodwill & intangibles	830.5M	821.9M	813.4M	805.1M	796.8M	788.4M	780M	771.6M	763.3M	754.9M	746.5M	738.1M
Total assets	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.2B
Accounts payable	78.5M	72.3M	84.3M	76.8M	75.4M	75.8M	80.3M	84.1M	85.3M	74.7M	80M	95.6M
Short-term debt	14.3M	15.7M	17.1M	18.9M	19.3M	21M	21.2M	21.4M	20.3M	12.8M	12M	11.7M
Total current liabilities	190.1M	183.7M	188.5M	186M	177.7M	175.5M	173.4M	184.5M	334.3M	179.2M	172.6M	197M
Long-term debt	289.8M	279.9M	274.9M	271.3M	269.3M	251.1M	249M	234.9M	251.2M	333M	330.7M	323.1M
Total liabilities	506.9M	484.8M	486.5M	475.6M	464.3M	443.6M	435.6M	433M	599.5M	524.9M	515.5M	534.1M
Shareholders' equity	635.4M	636.1M	645.5M	655.9M	665.6M	682.5M	693M	707.8M	649M	661.5M	669.8M	690.4M
Total debt	304.1M	295.6M	292.1M	290.2M	288.6M	272.1M	270.2M	256.3M	271.5M	345.8M	342.7M	334.8M
Net debt	276.9M	252.7M	260M	260.8M	251.3M	235M	239.5M	219.2M	220.6M	300.5M	303.6M	295M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	25.3M	20.1M	9M	32.5M	29.2M	135.5M	28.8M	15.9M	31.5M	-37.4M
Depreciation & amortization	22.9M	22.8M	25.3M	28.3M	28.9M	28.4M	31.4M	32.6M	33.4M	33.7M
Stock-based compensation	3M	4.7M	5M	7.2M	9.3M	11.2M	10.7M	15M	17.8M	28.5M
Change in working capital	14.5M	-2.1M	-20M	-19.6M	-69.3M	-45.3M	-45.5M	-27.1M	-51.2M	-53.1M
Operating cash flow	62M	28.9M	33.1M	50.1M	10.9M	134.4M	24.4M	31.3M	32.9M	-33.4M
Capital expenditure	-17M	-27.6M	-17.6M	-18.3M	-12.5M	126.2M	-19.7M	-19.5M	-14.1M	—
Investing cash flow	34.9M	-86.2M	-47.9M	-94.9M	-5.5M	57.8M	-19.2M	-133.5M	-13.9M	130K
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-74.8M	48.1M	11.4M	75.7M	35.4M	-58.3M	-42.1M	102.3M	-23.1M	57.9M
Net change in cash	22.1M	-9.2M	-3.5M	30.9M	40.8M	133.9M	-37M	131K	-4.1M	24.6M
Free cash flow	26.3M	7.8M	28.6M	32.7M	101K	-17.4M	13M	11.5M	20.1M	-48.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	-55.5M	7.4M	9.9M	20.4M
Depreciation & amortization	—	—	—	—	—	—	—	—	8.3M	8.5M	8.2M	8.6M
Stock-based compensation	—	—	—	—	—	—	—	—	-3.3M	7M	11.4M	5.4M
Change in working capital	—	—	—	—	—	—	—	—	-19.3M	-12.6M	1.6M	-10.6M
Operating cash flow	—	—	—	—	—	—	—	—	18.1M	-74.7M	11.2M	33.5M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	38K	-8K	45K	55K
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-25.6M	-30.6M	-11.6M	-11.7M	-5.1M	-14.8M	-15.1M	-22M	-3.2M	76.8M	-1.3M	-26.3M
Net change in cash	-25.6M	-30.6M	-11.6M	-11.7M	-5.1M	-14.8M	-15.1M	-22M	14.9M	2.1M	9.9M	7.3M
Free cash flow	—	—	—	—	—	—	—	—	16M	-78.8M	8.3M	30M

Ducommun Inc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement