Dycom Industries
21 named things its latest annual report says its results depend on, each in the company's own words. 11 of them are also named by other companies we've read.
Customers
AT&T Inc.
earns from · approximately 25.4% of our total contract revenuesnamed as a riskDuring fiscal 2026, we derived approximately 25.4% of our total contract revenues from AT&T Inc., 14.0% from Verizon Communications, Inc. and 10.8% from Lumen Technologies Inc.Business (Item 1)
Verizon Communications, Inc.
earns from · 14.0%named as a riskDuring fiscal 2026, we derived approximately 25.4% of our total contract revenues from AT&T Inc., 14.0% from Verizon Communications, Inc. and 10.8% from Lumen Technologies Inc.Business (Item 1)
Lumen Technologies Inc.
earns from · 10.8%named as a riskDuring fiscal 2026, we derived approximately 25.4% of our total contract revenues from AT&T Inc., 14.0% from Verizon Communications, Inc. and 10.8% from Lumen Technologies Inc.Business (Item 1)
Hyperscaler and data center customers
earns fromnamed as a riskWe also continue to expand our opportunities with hyperscaler and data center customers, who are also highly concentrated, as a result of our acquisition of Power Solutions, LLC.Risk factors (Item 1A)
Frontier Communications Corporation
earns fromRevenues for Verizon Communications, Inc. includes revenue attributable to Frontier Communications Corporation retrospectively for all periods presented as a result of its acquisition by Verizon Communications, Inc. on January 20, 2026.Business (Item 1)
Suppliers
Other companies
Power Solutions, LLC
$1,208.5named as a riskOur ability to realize any of the anticipated benefits from the Power Solutions Acquisition or any other acquisition depends on us successfully integrating the acquired businesses.Risk factors (Item 1A)
Competitors
Customer in-house service organizations
competes withnamed as a riskWe face competition from the in-house service organizations of our customers whose personnel perform many of the services that we provide.Risk factors (Item 1A)
Hazards
Wildfires
named as a riskAdditionally, we may perform our activities in environmentally sensitive locations or in locations that may be susceptible to catastrophic events, including wildfires.Risk factors (Item 1A)
Also named by AAON, AMRC, AZO, BRK/B, CCI, CDNS, CINF, CNP and 17 more
Winter weather
named as a riskConsequently, adverse weather, which is more likely to occur with greater frequency, severity, and duration during the winter, as well as reduced daylight hours, impact our operations during the fiscal quarters ending in January and April.Business (Item 1)
Commodities and inputs
Term SOFR
exposed to its price · approximately $11.7 million annuallynamed as a riskAt the current level of borrowings, for every 50 basis point change in the interest rate, interest expense associated with such borrowings would correspondingly change by approximately $11.7 million annually.Market risk (Item 7A)
Also named by BWIN, CLH, DORM, DPZ, ECG, HUBB, IBP, IEX and 9 more
Laws and programs
Employee Retirement Income Security Act (ERISA)
subject tonamed as a riskUnder the Employee Retirement Income Security Act (“ERISA”), absent an applicable exemption, a contributing employer to an underfunded multiemployer plan is liable upon withdrawal from the plan for its proportionate share of the plan’s unfunded vested liability.Risk factors (Item 1A)
Fair Labor Standards Act
subject tonamed as a riskIn addition, we may also be subject to class action lawsuits, including those alleging violations of the Fair Labor Standards Act, state and municipal wage and hour laws, and misclassification of independent contractors.Risk factors (Item 1A)
Pension Protection Act of 2006
subject tonamed as a riskIn addition, if any of the plans in which we participate become significantly underfunded, as defined by the Pension Protection Act of 2006, we may be required to make additional cash contributions in the form of higher contribution rates or surcharges.Risk factors (Item 1A)
Occupational Safety and Health Act (OSHA)
subject tonamed as a riskOur failure to comply with OSHA or other workplace safety requirements could result in significant liabilities, fines, penalties, or other enforcement actions and affect our ability to perform the services that we have been contracted to provide to our customers.Business (Item 1)
Also named by APG
U.S. tariffs on steel, aluminum, fuel, vehicles and fiber cable
subject tonamed as a riskOur industry could be impacted by the imposition, or the threat of the imposition of, tariffs placed on products imported from foreign countries that we use in our business, including steel, aluminum, fuel and motor vehicles or their component parts, fiber cable and other components that we utilize to build networks, or any resulting impacts from escalating trade hostilities with the countries from where we import products.Risk factors (Item 1A)
U.S. federal infrastructure funding programs
depends onnamed as a riskPressures on and uncertainty surrounding the U.S. federal government’s budget, and potential changes in budgetary priorities, could adversely affect the funding for infrastructure programs upon which we rely.Risk factors (Item 1A)
Florida Business Corporation Act
subject tonamed as a riskWe are subject to certain anti-takeover provisions of the Florida Business Corporation Act.Risk factors (Item 1A)
U.S. immigration and worker eligibility laws
subject tonamed as a riskIn addition, many of our customer contracts specifically require compliance with worker eligibility and immigration laws and in some cases our customers audit compliance with these laws.Risk factors (Item 1A)
Technology
Data centers / AI infrastructure demand
earns fromnamed as a riskWe cannot be certain that global demand for data center capacity, additional digital infrastructure or AI-related projects will remain steady or increase, which could negatively impact our revenues, results of operations and backlog.Risk factors (Item 1A)