DCO
Ducommun Incorporated
DCO's fundamentals are strong, but it looks expensive: trading at 41x earnings, about twice its usual 23x.
DCO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Healthy |
DCO's profitability and balance sheet are currently healthy, and its revenue is stable, but its cash flow is under pressure.
DCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $23.90 | -83% |
| Fair | 23x | $77.86 | -45% |
| Expensive | 36x | $122 | -14% |
| Current | 41x | $142 | — |
Historical ranges are pointers, not guarantees.
DCO's PE is in its expensive range at 41x.
DCO Forward outlook
There aren't enough analyst estimates for DCO to show an outlook.
DCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $3.44 | +$5.78 |
| Q2 2026 | -$1.75 | -167% |
| Q1 2026 | -$2.24 | -196% |
| Q4 2025 | -$2.19 | -204% |
| Q3 2025 | -$2.34 | -218% |
| Q2 2025 | $2.63 | +72% |
| Q1 2025 | $2.33 | +97% |
| Q4 2024 | $2.10 | +84% |
DCO has returned to profit: it earned $3.44 per share over the past year, after losing money the year before.
DCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $227M | +6.8% |
| Q2 2026 | $224.5M | +11% |
| Q1 2026 | $209M | +7.7% |
| Q4 2025 | $217.1M | +10% |
| Q3 2025 | $212.6M | +5.5% |
| Q2 2025 | $202.3M | +2.7% |
| Q1 2025 | $194.1M | +1.7% |
| Q4 2024 | $197.3M | +2.6% |
DCO's revenue has grown year over year for 22 quarters in a row: $227M last quarter, up 6.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +49 points |
| Q2 2026 | 13% | +4.1 points |
| Q1 2026 | 7.5% | -1 points |
| Q4 2025 | 7.8% | +2.5 points |
| Q3 2025 | -38% | -45 points |
| Q2 2025 | 8.5% | +1.4 points |
| Q1 2025 | 8.5% | +1.9 points |
| Q4 2024 | 5.3% | +0.6 points |
DCO's operating margin was 11% last quarter, up 49 points from the same quarter a year ago, near the top of its range since 2019.
DCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $26.9M | +68% |
| Q2 2026 | $30M | +65% |
| Q1 2026 | $8.3M | +$12.3M |
| Q4 2025 | -$78.8M | -640% |
| Q3 2025 | $16M | +34% |
| Q2 2025 | $18.1M | +12499% |
| Q1 2025 | -$4M | +$2.6M |
| Q4 2024 | $14.6M | -37% |
DCO's free cash flow was −$14M over the past year, against $45M the year before.
DCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +4K shares |
| 1 year | +3.9% | +581K shares |
| 3 years | +5% | +745K shares |
| 5 years | +27% | +3.3M shares |
| Available history | +32% | +3.8M shares |
DCO has 16M diluted shares, up 3.9% from a year ago.
DCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 16.4x | High |
| Q1 2026 | 87.2x | High |
| Q4 2025 | 61.3x | High |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 2.4x | Moderate |
| Q3 2024 | 2.6x | Moderate |
DCO's net debt is about 1.8 years of its operating earnings (EBITDA), down from 2.1 years a year ago.
DCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.8 | Neutral |
| Stochastic | 13.6 | Oversold |
DCO's weekly RSI is 42 (neutral) and its Stochastic is 14 (oversold).
DCO PE vs Industrials Sector
| Metric | DCO | Sector median | Relative |
|---|---|---|---|
| PE | 41x | 24x | 72% above |
| PE % | 89 | 58 | 31 pts above |
DCO is trading at 41x earnings, a 72% premium to the Industrials sector's median of 24x.
DCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $160.5 | 11% below |
| 20 week MA | $172.0 | 17% below |
| 50 week MA | $145.4 | 2% below |
| 100 week MA | $110.9 | 28% above |
| 200 week MA | $82.1 | 73% above |
DCO has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 73% above its 200-week average.
DCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.4 | $53.4 | +6% |
| 2021 | $53.4 | $45.8 | -14% |
| 2022 | $45.8 | $48.6 | +6.2% |
| 2023 | $48.6 | $52.1 | +7.1% |
| 2024 | $52.1 | $60.9 | +17% |
| 2025 | $60.9 | $96.5 | +59% |
| 2026 YTD | $96.5 | $142.4 | +48% |
DCO has finished higher in five of the last six years. It's up 48% so far in 2026.