Company Achieves Record Revenue of $825 Million in 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20 hours ago
0mins
Should l Buy DCO?
Reports Q4 revenue $215.8M, consensus $217.32M. "We continued to make excellent progress to close out year three of our five year VISION 2027 with gross margin and Adjusted EBITDA margins at record levels along with Engineered Products at 23% of our revenue mix. In addition, I am very happy to report that in 2025, the company set a new record for revenue for the third consecutive year, exceeding $800 million for the first time, and getting to $825 million for 2025. In Q4, net revenue grew 9.4% to a new quarterly record of $215.8 million, led by our military and space business," said Stephen Oswald, chairman, president and CEO. "Our defense business was fueled by growth in DCO's missiles platforms, fixed-wing aircraft and rotorcraft platforms. Book-to-bill remained strong during the quarter at 1.3x with orders from missile components driving bookings. With the Department of War's focus on ramping up production and long-term agreements now in place with RTX, our largest customer and Lockheed, we expect our missile franchise to continue to gain strength in 2026 and beyond."
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Analyst Views on DCO
Wall Street analysts forecast DCO stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 126.770
Low
124.00
Averages
127.00
High
132.00
Current: 126.770
Low
124.00
Averages
127.00
High
132.00
About DCO
Ducommun Incorporated provides value-added manufacturing solutions to customers in the aerospace, defense and industrial markets. It specializes in two core areas-Electronic Systems and Structural Systems to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. Electronic Systems designs, engineers and manufactures high-reliability electronic and electromechanical products used in worldwide technology-driven markets, including aerospace and defense and industrial end-use markets. Electronic Systems product offerings primarily range from prototype development to complex assemblies. Structural Systems designs, engineers and manufactures large, complex contoured aerostructure components and assemblies and supplies composite and metal bonded structures and assemblies. Structural Systems products are primarily used on commercial aircraft, military fixed-wing aircraft, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ducommun Reports Record Q4 2025 Earnings and Growth Outlook
- Record Revenue: Ducommun achieved a record revenue of $215.8 million in Q4 2025, representing a 9.4% increase year-over-year, not only surpassing last quarter's record but also marking the company's 19th consecutive quarter of year-over-year growth, highlighting its strong market performance and sustained growth potential.
- Margin Expansion: The company's gross margin reached 27.7% in Q4, up from 23.5% in the prior year, with gross profit increasing to $59.8 million, indicating successful cost control and value pricing strategies that further solidify its competitive position in the aerospace sector.
- Record Backlog: As of Q4, the company's remaining performance obligation (RPO) hit a record $1.1 billion, increasing by $75 million sequentially, reflecting strong demand in both defense and commercial aerospace markets, which is expected to provide robust support for future revenue growth.
- Optimistic Outlook: Management anticipates mid- to high single-digit revenue growth for 2026, particularly driven by continued strength in defense and a recovery in the commercial aerospace sector, demonstrating the company's strategic flexibility in navigating market fluctuations and seizing growth opportunities.
See More
Ducommun (DCO) Q4 2025 Earnings Call Transcript
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Ducommun Reports Increased Q4 Profit
- Profit Increase: Ducommun Inc. reported a fourth-quarter profit of $7.44 million, translating to $0.48 per share, which is an increase from last year's $6.77 million and $0.45 per share, indicating enhanced profitability.
- Adjusted Earnings: Excluding items, Ducommun's adjusted earnings reached $16.23 million or $1.05 per share, demonstrating strong performance in core operations with effective cost management and profit enhancement.
- Revenue Growth: The company's revenue rose 9.4% year-over-year to $215.79 million from $197.29 million last year, reflecting a recovery in market demand and the success of the company's sales strategies.
- Market Outlook: With both revenue and profit growth, Ducommun shows strong market competitiveness and is expected to continue benefiting from industry recovery and an increase in new orders.
See More
Ducommun Q4 Earnings Beat Expectations
- Earnings Beat: Ducommun reported a Q4 non-GAAP EPS of $1.05, exceeding expectations by $0.09, indicating improved profitability despite revenue falling short of forecasts.
- Revenue Growth Lags: Revenue increased by 9.4% year-over-year to $215.8 million but missed estimates by $1.52 million, reflecting market demand volatility that may impact future sales strategies.
- Net Income Steady Rise: The company achieved a net income of $7.4 million, a 10% year-over-year increase, translating to $0.48 per diluted share, which is 3.4% of revenue, showcasing sustained profitability improvements.
- Optimistic Outlook: Remaining Performance Obligations (RPO) reached a record $1.1 billion with a book-to-bill ratio of 1.3x, indicating strong future revenue potential and boosting investor confidence in the company's long-term growth prospects.
See More
Ducommun (DCO) Q4 Earnings Preview with Strong Estimates
- Earnings Announcement Date: Ducommun (DCO) is set to release its Q4 earnings on February 26 before market open, with a consensus EPS estimate of $0.96, reflecting a robust 28% year-over-year growth that underscores the company's strong earnings potential.
- Revenue Expectations: The anticipated revenue for Q4 stands at $217.32 million, marking a 10.1% increase year-over-year, indicating solid business performance and market resilience, which could bolster investor confidence.
- Historical Performance Review: Over the past two years, DCO has surpassed EPS and revenue estimates 88% of the time, showcasing the company's reliability in meeting earnings forecasts and enhancing market trust in its future performance.
- Estimate Revision Dynamics: In the last three months, EPS estimates saw one upward revision and two downward adjustments, while revenue estimates experienced no upward revisions and one downward adjustment, reflecting a cautious market sentiment regarding the company's outlook.
See More
Ducommun Announces Q4 2025 Financial Results Release Plan
- Earnings Release Schedule: Ducommun plans to release its Q4 2025 financial results on February 26, 2026, prior to market opening, demonstrating the company's commitment to transparency and investor communication.
- Executive Conference Call: Chairman and CEO Stephen G. Oswald, along with CFO Suman Mookerji, will host a conference call at 10:00 a.m. PT, with an anticipated duration of approximately 45 minutes for in-depth discussion of the financial results.
- Webcast and Replay Availability: The event will feature a live webcast accessible via pre-registration for dial-in details, with a replay available on Ducommun's website, ensuring that investors unable to attend live can still access critical information.
- Company Background: Founded in 1849, Ducommun specializes in providing value-added innovative manufacturing solutions in aerospace, defense, and industrial markets, highlighting its expertise in producing complex products and components for commercial aircraft and military space programs.
See More
Ducommun Reports Record Q4 2025 Earnings and Growth Outlook
- Record Revenue: Ducommun achieved a record revenue of $215.8 million in Q4 2025, representing a 9.4% increase year-over-year, not only surpassing last quarter's record but also marking the company's 19th consecutive quarter of year-over-year growth, highlighting its strong market performance and sustained growth potential.
- Margin Expansion: The company's gross margin reached 27.7% in Q4, up from 23.5% in the prior year, with gross profit increasing to $59.8 million, indicating successful cost control and value pricing strategies that further solidify its competitive position in the aerospace sector.
- Record Backlog: As of Q4, the company's remaining performance obligation (RPO) hit a record $1.1 billion, increasing by $75 million sequentially, reflecting strong demand in both defense and commercial aerospace markets, which is expected to provide robust support for future revenue growth.
- Optimistic Outlook: Management anticipates mid- to high single-digit revenue growth for 2026, particularly driven by continued strength in defense and a recovery in the commercial aerospace sector, demonstrating the company's strategic flexibility in navigating market fluctuations and seizing growth opportunities.
See More
Ducommun (DCO) Q4 2025 Earnings Call Transcript
See More
Ducommun Reports Increased Q4 Profit
- Profit Increase: Ducommun Inc. reported a fourth-quarter profit of $7.44 million, translating to $0.48 per share, which is an increase from last year's $6.77 million and $0.45 per share, indicating enhanced profitability.
- Adjusted Earnings: Excluding items, Ducommun's adjusted earnings reached $16.23 million or $1.05 per share, demonstrating strong performance in core operations with effective cost management and profit enhancement.
- Revenue Growth: The company's revenue rose 9.4% year-over-year to $215.79 million from $197.29 million last year, reflecting a recovery in market demand and the success of the company's sales strategies.
- Market Outlook: With both revenue and profit growth, Ducommun shows strong market competitiveness and is expected to continue benefiting from industry recovery and an increase in new orders.
See More
Ducommun Q4 Earnings Beat Expectations
- Earnings Beat: Ducommun reported a Q4 non-GAAP EPS of $1.05, exceeding expectations by $0.09, indicating improved profitability despite revenue falling short of forecasts.
- Revenue Growth Lags: Revenue increased by 9.4% year-over-year to $215.8 million but missed estimates by $1.52 million, reflecting market demand volatility that may impact future sales strategies.
- Net Income Steady Rise: The company achieved a net income of $7.4 million, a 10% year-over-year increase, translating to $0.48 per diluted share, which is 3.4% of revenue, showcasing sustained profitability improvements.
- Optimistic Outlook: Remaining Performance Obligations (RPO) reached a record $1.1 billion with a book-to-bill ratio of 1.3x, indicating strong future revenue potential and boosting investor confidence in the company's long-term growth prospects.
See More
Ducommun (DCO) Q4 Earnings Preview with Strong Estimates
- Earnings Announcement Date: Ducommun (DCO) is set to release its Q4 earnings on February 26 before market open, with a consensus EPS estimate of $0.96, reflecting a robust 28% year-over-year growth that underscores the company's strong earnings potential.
- Revenue Expectations: The anticipated revenue for Q4 stands at $217.32 million, marking a 10.1% increase year-over-year, indicating solid business performance and market resilience, which could bolster investor confidence.
- Historical Performance Review: Over the past two years, DCO has surpassed EPS and revenue estimates 88% of the time, showcasing the company's reliability in meeting earnings forecasts and enhancing market trust in its future performance.
- Estimate Revision Dynamics: In the last three months, EPS estimates saw one upward revision and two downward adjustments, while revenue estimates experienced no upward revisions and one downward adjustment, reflecting a cautious market sentiment regarding the company's outlook.
See More
Ducommun Announces Q4 2025 Financial Results Release Plan
- Earnings Release Schedule: Ducommun plans to release its Q4 2025 financial results on February 26, 2026, prior to market opening, demonstrating the company's commitment to transparency and investor communication.
- Executive Conference Call: Chairman and CEO Stephen G. Oswald, along with CFO Suman Mookerji, will host a conference call at 10:00 a.m. PT, with an anticipated duration of approximately 45 minutes for in-depth discussion of the financial results.
- Webcast and Replay Availability: The event will feature a live webcast accessible via pre-registration for dial-in details, with a replay available on Ducommun's website, ensuring that investors unable to attend live can still access critical information.
- Company Background: Founded in 1849, Ducommun specializes in providing value-added innovative manufacturing solutions in aerospace, defense, and industrial markets, highlighting its expertise in producing complex products and components for commercial aircraft and military space programs.
See More
