Ducommun Incorporated

DCO Industrials Aerospace & Defense

Ducommun Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $824.8 million, up 4.88% from fiscal 2024. In the quarter to June 2026, revenue grew 11.8%, EPS grew 60.7%, free cash flow grew 48.5% and total debt rose 19.9%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five.

168.51 0.47 −0.28%
Market cap
$2.6B
P/E
0.0×
Fwd P/E
38.6×
Dividend yield
—
F-score
4/9
Altman Z
3.15
Beneish M
−2.46
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
0.00 43.22 44.29 20.72 4.11 21.48 17.92 45.40 16.10 11.54
Piotroski F-Score
4 7 6 5 5 5 6 6 5 7
P/S ratio
1.72 1.20 0.95 0.84 0.86 1.00 0.81 0.66 0.58 0.53
Altman Z-Score
3.15 3.06 2.56 2.50 2.43 2.46 2.52 2.42 2.35 2.53
P/FCF ratio
0.00 46.39 59.99 45.73 0.00 5,915.11 17.77 14.26 37.02 11.11
Altman Z″-Score (non-manufacturers)
4.71 5.42 4.92 4.78 4.79 4.08 3.60 3.46 3.49 3.79
Beneish M-Score
(2.46) (2.58) (2.53) (2.07) (1.55) (2.58) (2.61) (2.88) (2.57) (2.46)
P/Operating CF
(19.03) 51.05 27.06 18.65 47.46 56.54 18.80 32.23 40.05 18.61
P/B ratio
2.15 1.38 1.13 1.14 1.17 1.90 1.99 1.61 1.37 1.38
Price to Tangible BV
5.00 3.29 3.18 3.06 4.30 18.57 0.00 47.68 93.62 10.44
EV/Sales
2.04 1.46 1.24 1.12 1.19 1.41 1.18 1.01 0.96 0.82
EV/EBITDA
0.00 15.14 15.27 11.21 9.91 11.96 10.06 12.90 13.97 8.67
EV/Operating CF
(50.29) 33.52 30.22 24.43 (1,355.13) 70.53 16.66 13.73 15.17 10.44
EV/FCF
(36.11) 56.51 78.56 61.07 (45.37) 8,391.11 25.97 21.87 61.50 17.18
Quick Ratio
0.95 0.84 0.80 0.75 0.91 0.80 0.74 0.62 0.95 0.97
Current Ratio
3.49 3.24 2.99 2.64 3.03 2.87 2.36 2.25 2.75 2.62
Net Debt/EBITDA
(124.40) 2.71 3.61 2.82 2.72 3.53 3.17 4.49 5.56 3.06
Debt/Assets
25.61% 21.52% 23.62% 24.16% 29.26% 38.09% 38.95% 35.86% 38.12% 32.38%
Debt/Equity
0.46 0.36 0.42 0.47 0.60 0.97 1.05 0.90 0.92 0.79
Asset Turnover
0.71 0.70 0.71 0.71 0.71 0.77 1.00 1.04 1.03 1.03
Operating CF/Net income
0.89 1.58 1.95 1.14 0.00 0.43 1.57 5.12 1.76 1.71
Capex/Depreciation
(0.39) (0.42) (0.59) (0.62) (0.57) (0.43) (0.65) (0.68) (1.17) (0.74)
Interest Coverage
(2.82) 2.76 1.39 3.44 4.37 3.33 3.07 1.84 1.76 3.27
ROE
(5.57%) 3.29% 2.74% 5.75% 33.72% 9.38% 11.81% 3.67% 8.97% 12.70%
ROA
(3.23%) 1.93% 1.49% 2.88% 14.93% 3.58% 4.52% 1.49% 3.71% 4.71%
ROIC
(2.43%) 2.98% 2.11% 3.42% 4.46% 4.81% 6.26% 3.13% 2.17% 4.91%
Return on Tangible Assets
(6.74%) 4.31% 3.34% 6.63% 31.34% 7.73% 10.43% 3.41% 8.00% 10.47%
Average Days of Receivables
55.07 50.92 50.48 53.25 40.87 33.67 33.98 39.34 48.43 50.54
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
17.92% 18.90% 15.82% 13.80% 14.50% 14.28% 13.31% 13.35% 14.18% 14.01%
Intangible Assets out of Total Assets
0.32 0.35 0.37 0.32 0.35 0.35 0.39 0.38 0.41 0.36
Share Based Compensation of Revenue
3.45% 3.43% 1.99% 1.51% 1.74% 1.48% 0.99% 0.80% 0.84% 0.55%
Graham Net Nets
0.07 0.13 0.09 0.05 (0.02) (0.16) (0.27) (0.25) (0.34) (0.26)
Graham Number
0.00 39.06 35.09 48.40 101.10 39.83 40.16 20.15 28.91 31.17
Earnings Yield
(2.64%) 2.31% 2.26% 4.83% 24.31% 4.66% 5.58% 2.20% 6.21% 8.67%
Free Cash Flow Yield
(3.27%) 2.16% 1.67% 2.19% (3.04%) 0.02% 5.63% 7.01% 2.70% 9.00%
Revenue per Share
55.20 53.23 55.19 59.01 54.33 53.87 62.61 55.25 49.44 49.38
Operating CF per Share
(2.24) 2.31 2.26 2.71 (0.05) 1.08 4.43 4.06 3.14 3.88
Capex per Share
(0.88) (0.94) (1.39) (1.62) (1.37) (1.07) (1.59) (1.51) (2.36) (1.52)
Free Cash Flow per Share
(3.11) 1.37 0.87 1.08 (1.42) 0.01 2.84 2.55 0.77 2.36
Cash per Share
3.03 2.51 3.12 3.83 6.42 4.84 3.44 0.90 0.19 0.67
Shareholders Equity per Share
44.27 46.04 46.37 43.56 39.95 28.21 25.42 22.55 20.87 19.02
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
44.27 46.04 46.37 43.56 39.95 28.21 25.42 22.55 20.87 19.02
Free Cash Flow
(46.53) 20.27 11.95 13.07 (16.87) 0.11 32.74 29.02 8.74 26.28
Working Capital
446.75 392.59 365.87 327.90 330.01 267.38 196.08 157.55 140.78 139.64
Capital Expenditures
(13.12) (13.91) (19.12) (19.61) (16.31) (12.50) (18.29) (17.22) (26.70) (16.98)
Net Current Asset Value
101.05 121.94 64.74 31.79 (11.56) (97.73) (156.86) (103.83) (110.16) (77.38)
EV/EBIT
0.00 27.14 32.46 20.07 15.66 19.55 15.12 26.53 34.37 15.45
Capex to Sales
0.02 0.02 0.03 0.03 0.03 0.02 0.03 0.03 0.05 0.03
Price to Operating Income
0.00 22.28 24.79 15.02 11.37 13.78 10.35 17.30 20.69 10.00
Other line items
Depreciation/Fixed assets
0.31 0.30 0.29 0.30 0.28 0.26 0.25 0.24 0.21 0.23
Cash ROIC
(4.60%) 2.11% 1.27% 1.60% (2.02%) 0.02% 5.11% 5.82% 1.93% 6.80%
Accounts Receivable Turnover
7.05 7.34 7.26 8.09 9.91 10.05 10.69 8.87 7.43 7.18
Accounts Payable Turnover
8.02 7.96 7.31 7.28 7.74 6.70 7.49 8.36 8.35 9.12
Inventory Turnover
3.18 2.97 3.21 3.53 3.59 4.06 5.33 4.54 3.76 3.77
Average Days of Payables
45.17 46.95 44.42 57.90 47.94 47.54 52.99 49.90 41.64 46.87
Days of Inventory on Hand
110.60 122.04 122.44 109.97 109.54 96.02 72.17 72.84 97.99 98.54
Average Receivables
117.08 107.20 104.33 88.11 65.14 62.58 67.48 70.94 75.15 76.66
Average Payables
75.22 74.02 81.20 78.10 65.02 73.29 75.94 60.59 54.47 48.68
Average Inventory
189.89 198.10 185.21 161.07 140.08 120.85 106.80 111.64 121.03 117.65
Average Assets
1,156.34 1,123.60 1,071.21 1,000.12 908.04 813.89 717.58 605.75 541.09 536.26
Average Common Equity
670.80 658.11 581.03 500.28 401.97 311.07 274.81 246.20 223.84 198.92

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