Arcosa, Inc. (ACA) vs Dycom Industries, Inc. (DY)

Arcosa, Inc. and Dycom Industries, Inc. are both Engineering & Construction companies. Dycom Industries, Inc. is the larger, with a market value of $8.2B against $7.2B — 1.1× the size. Arcosa, Inc. trades at the lower P/E: 14.7× against 24.4×. Dycom Industries, Inc. grew revenue faster over the last twelve months: 37.8% against 16.7%. Arcosa, Inc. has the higher net margin (16.8% vs 4.79%) and the lower return on invested capital (5.49% vs 7.37%). Across the 22 metrics below, Arcosa, Inc. leads on 11 and Dycom Industries, Inc. on 11.

Valuation

Metric ACA DY Engineering & Construction median
P/E 14.66 24.44 28.59
P/S 2.47 1.19 1.15
P/B 2.41 3.96 3.96
Price to free cash flow 38.23 16.83 25.24
EV/EBITDA 14.17 11.58 14.87
EV/Sales 2.81 1.55 1.42
Earnings yield 6.82% 4.09% 2.47%
Free cash flow yield 2.62% 5.94% 1.91%

Profitability

Metric ACA DY Engineering & Construction median
Gross margin 22.80% 20.53% 18.76%
Operating margin 12.00% 7.78% 6.26%
Net margin 16.84% 4.79% 2.23%
Free cash flow margin 6.45% 7.05% 1.83%
Return on equity 17.90% 19.20% 7.90%
Return on assets 9.53% 6.75% 0.87%
Return on invested capital 5.49% 7.37% 2.52%

Growth

Metric ACA DY Engineering & Construction median
Revenue growth (TTM) 16.67% 37.79% 16.67%
EPS growth (last fiscal year) 121.99% 20.71% —
Revenue growth, 5-year CAGR 8.30% 11.63% 11.76%
Net income growth, 5-year CAGR 14.35% 52.28% 0.00%

Health

Metric ACA DY Engineering & Construction median
Debt to equity 0.48 1.37 0.40
Current ratio 3.12 2.35 1.39
Net debt to EBITDA 2.32 3.01 0.38

Dividend

Metric ACA DY Engineering & Construction median
Dividend yield 0.24% — 0.65%
Payout ratio 0.03 0.00 0.00

Size

Metric ACA DY Engineering & Construction median
Market cap 7.20b 8.22b 1.31b

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