AECOM (ACM) vs Dycom Industries, Inc. (DY)

AECOM and Dycom Industries, Inc. are both Engineering & Construction companies. AECOM is the larger, with a market value of $8.6B against $5.8B — 1.5× the size. Dycom Industries, Inc. trades at the lower P/E: 17.4× against 30.2×. Dycom Industries, Inc. grew revenue faster over the last twelve months: 37.8% against −4.24%. Dycom Industries, Inc. has the higher net margin (4.79% vs 1.87%) and the lower return on invested capital (7.37% vs 9.62%). Across the 22 metrics below, Dycom Industries, Inc. leads on 16 and AECOM on 6.

Valuation

Metric ACM DY Engineering & Construction median
P/E 30.23 17.44 27.65
P/S 0.56 0.85 0.85
P/B 3.58 2.82 3.04
Price to free cash flow 42.15 12.01 19.05
EV/EBITDA 12.16 9.03 11.89
EV/Sales 0.67 1.21 1.20
Earnings yield 3.31% 5.73% 2.77%
Free cash flow yield 2.37% 8.33% 2.00%

Profitability

Metric ACM DY Engineering & Construction median
Gross margin 5.68% 20.53% 18.76%
Operating margin 4.10% 7.78% 6.43%
Net margin 1.87% 4.79% 2.14%
Free cash flow margin 1.32% 7.05% 1.12%
Return on equity 11.30% 19.20% 6.05%
Return on assets 2.37% 6.75% 1.19%
Return on invested capital 9.62% 7.37% 2.52%

Growth

Metric ACM DY Engineering & Construction median
Revenue growth (TTM) (4.24%) 37.79% 18.09%
EPS growth (last fiscal year) 42.71% 20.71% 13.42%
Revenue growth, 5-year CAGR 4.04% 11.63% 12.23%
Net income growth, 5-year CAGR 0.00% 52.28% 0.00%

Health

Metric ACM DY Engineering & Construction median
Debt to equity 1.13 1.37 0.41
Current ratio 1.06 2.35 1.37
Net debt to EBITDA 0.93 3.01 0.38

Dividend

Metric ACM DY Engineering & Construction median
Dividend yield 1.86% — 0.68%
Payout ratio 0.57 — 0.18

Size

Metric ACM DY Engineering & Construction median
Market cap 8.59b 5.81b 1.13b

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