# Ducommun Incorporated (DCO)

> Source: Nexqual · https://nexqual.com/DCO · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Ducommun Incorporated (DCO), nexqual.com/DCO" · informational, not investment advice.

**Price:** USD 160.05 (-5.07% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 168.59 · day 157.81–165.54 · 52w 84.76–210.39 · market cap $2.42B · NYQ

## Key facts
- Last four reported quarters (through Jul 4, 2026): revenue $865M, net income -$21.2M (-2.4% margin), free cash flow -$24.5M (SEC filings).
- 1 of 80 tracked superinvestors hold DCO (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.17 on a 1–5 scale) (6 analysts), mean target USD 219.67 (range 200–246).
- Total return with dividends: 1Y +60.2% vs S&P 500 +14.9%; 5Y +233.4% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 1.15, revenue estimate $222M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $645M | $713M | $757M | $786M | $825M | $865M |
| Gross profit | $142M | $144M | $163M | $197M | $222M | — |
| Operating income | $48.9M | $39.8M | $28.9M | $42.2M | -$35.7M | -$14.4M |
| Net income | $136M | $28.8M | $15.9M | $21.7M | -$37.4M | -$21.2M |
| EPS (diluted) | $11.06 | $2.33 | $1.14 | $1.44 | -$2.50 | — |
| Free cash flow | -$17.4M | $13.0M | $11.5M | $20.1M | -$48.6M | -$24.5M |
| Gross margin | 22.1% | 20.3% | 21.6% | 25.1% | 26.9% | — |
| Operating margin | 7.6% | 5.6% | 3.8% | 5.4% | -4.3% | -1.7% |
| Net margin | 21.0% | 4.0% | 2.1% | 2.8% | -4.5% | -2.4% |
| Revenue growth | +2.6% | +10.4% | +6.2% | +3.9% | +4.9% | — |
| Cash + short-term investments | $76.3M | $46.2M | $42.9M | $37.1M | $45.3M | — |
| Total debt | $288M | $248M | $266M | $243M | $305M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 4, 2026)
P/S 2.8x · EV/EBITDA 138.2x · EV/Sales 3.1x · P/B 3.5x · FCF yield -1.01% · Earnings yield -0.88% · Net debt $238M · EV $2.65B
P/E at fiscal year-ends: Dec 2024 44.1x, Dec 2023 45.7x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold DCO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.05% | $32.7M | Added +14.7% |

## Analysts
Consensus Buy (mean 2.17 on a 1–5 scale), 6 analysts; mean target USD 219.67 (low 200, high 246).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | Guggenheim | Initiated | Buy | $246 |
| 2026-08-13 | Truist Securities | Target raised | Buy | $150 → $209 |
| 2026-08-07 | RBC Capital | Target raised | Sector Perform → Sector Performer | $175 → $200 |
| 2026-07-09 | RBC Capital | Downgrade | Outperform → Sector Perform | $155 → $175 |
| 2026-07-01 | Citigroup | Target raised | Buy | $167 → $216 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +60.2% | +233.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +60.5% | +27.2% |
| Volatility (annualized) | 39.8% | 32.0% |
| Max drawdown | -22.7% (Aug 2026→Oct 2026) | -29.0% (Jan 2023→May 2023) |

## Peers (Aerospace & Defense)
KTOS (Kratos Defense & Security Solut) USD 38.27 -1.21% · SARO (StandardAero, Inc.) USD 21.72 +1.26% · CAE (CAE Inc) USD 25.02 +2.08% · DRS (Leonardo DRS, Inc.) USD 34.3 +1.06% · MOG-A (Moog Inc.) USD 341.71 -6.96% · HII (Huntington Ingalls Industries, ) USD 278.86 +1.79%

## More
Full page: https://nexqual.com/DCO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.15 | $1.16 | -0.8% | $221.9M | 6 |
| Next quarter (ends 2026-12-31) | $1.26 | $1.26 | -0.3% | $228.2M | 6 |
| Current fiscal year (ends 2026-12-31) | $4.35 | $4.16 | +4.7% | $883.6M | 6 |
| Next fiscal year (ends 2027-12-31) | $5.37 | $5.12 | +4.7% | $968.6M | 6 |