Dycom Industries appears better positioned than Quanta Services for risk-adjusted returns, according to a Zacks Investment Research analysis, despite both infrastructure stocks holding a Zacks Rank #1. Dycom reported a 56.1% year-over-year revenue jump in its fiscal 2027 first quarter and a record backlog of $11.9 billion, while Quanta posted a 26.3% revenue increase and a record backlog of $48.5 billion in its 2026 first quarter. Dycom trades at 26.97 times forward earnings, well below Quanta's 49.02 times multiple, even as Dycom's fiscal 2027 earnings estimate rose to $16.01 per share and Quanta's 2026 estimate dipped to $13.96. Both companies have outperformed the market in 2026, with Quanta up 75.4% and Dycom up 38.5% year to date.
Dycom Industries IncZacks analysis highlights Dycom's strong revenue growth, record backlog, and attractive valuation relative to Quanta.
Quanta Services IncQuanta is compared unfavorably on valuation and earnings estimate trend, but still has strong growth and a Zacks Rank #1.