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Side-by-side financial comparison of DYCOM INDUSTRIES INC (DY) and Liberty Media Corp (FWONA). Click either name above to swap in a different company.

Liberty Media Corp is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.1× DYCOM INDUSTRIES INC). Liberty Media Corp runs the higher net margin — 20.7% vs 7.3%, a 13.4% gap on every dollar of revenue. On growth, Liberty Media Corp posted the faster year-over-year revenue change (150.7% vs 14.1%). DYCOM INDUSTRIES INC produced more free cash flow last quarter ($164.8M vs $62.0M). Over the past eight quarters, DYCOM INDUSTRIES INC's revenue compounded faster (23.5% CAGR vs -23.5%).

Quanta Services is a U.S. corporation that provides infrastructure services for the electric power, pipeline, industrial and communications industries. Its capabilities include planning, design, installation, program management, maintenance and repair of most types of network infrastructure. The company has grown organically since its founding, but it has also acquired over 150 companies in the electrical contracting industry. It has provided its services and expertise to many major electrica...

Liberty Media Corporation is an American mass media company founded by John C. Malone in 1991. The company has two divisions, represented by separate tracking stocks, reflecting its ownership stakes in the Formula One Group and Live Nation Entertainment. As of 2025, Liberty Media owned three global motorsport businesses in the form of Formula One, MotoGP and World Superbikes.

DY vs FWONA — Head-to-Head

Bigger by revenue
FWONA
FWONA
1.1× larger
FWONA
$1.6B
$1.5B
DY
Growing faster (revenue YoY)
FWONA
FWONA
+136.6% gap
FWONA
150.7%
14.1%
DY
Higher net margin
FWONA
FWONA
13.4% more per $
FWONA
20.7%
7.3%
DY
More free cash flow
DY
DY
$102.8M more FCF
DY
$164.8M
$62.0M
FWONA
Faster 2-yr revenue CAGR
DY
DY
Annualised
DY
23.5%
-23.5%
FWONA

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DY
DY
FWONA
FWONA
Revenue
$1.5B
$1.6B
Net Profit
$106.4M
$333.0M
Gross Margin
Operating Margin
9.7%
14.0%
Net Margin
7.3%
20.7%
Revenue YoY
14.1%
150.7%
Net Profit YoY
52.4%
193.8%
EPS (diluted)
$3.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DY
DY
FWONA
FWONA
Q4 25
$1.5B
$1.6B
Q3 25
$1.4B
$1.1B
Q2 25
$1.3B
$1.3B
Q1 25
$1.1B
$447.0M
Q4 24
$1.3B
$-3.2B
Q3 24
$1.2B
$911.0M
Q2 24
$1.1B
$3.2B
Q1 24
$952.5M
$2.7B
Net Profit
DY
DY
FWONA
FWONA
Q4 25
$106.4M
$333.0M
Q3 25
$97.5M
$13.0M
Q2 25
$61.0M
$204.0M
Q1 25
$32.7M
$5.0M
Q4 24
$69.8M
$-355.0M
Q3 24
$68.4M
$-2.4B
Q2 24
$62.6M
$457.0M
Q1 24
$23.4M
$203.0M
Operating Margin
DY
DY
FWONA
FWONA
Q4 25
9.7%
14.0%
Q3 25
9.5%
13.7%
Q2 25
6.2%
20.4%
Q1 25
4.1%
-15.9%
Q4 24
7.2%
Q3 24
7.9%
11.7%
Q2 24
6.8%
16.7%
Q1 24
3.3%
18.3%
Net Margin
DY
DY
FWONA
FWONA
Q4 25
7.3%
20.7%
Q3 25
7.1%
1.2%
Q2 25
4.9%
15.2%
Q1 25
3.0%
1.1%
Q4 24
5.5%
11.2%
Q3 24
5.7%
-259.9%
Q2 24
5.5%
14.4%
Q1 24
2.5%
7.4%
EPS (diluted)
DY
DY
FWONA
FWONA
Q4 25
$3.63
Q3 25
$3.33
Q2 25
$2.09
Q1 25
$1.11
Q4 24
$2.37
Q3 24
$2.32
Q2 24
$2.12
Q1 24
$0.79

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DY
DY
FWONA
FWONA
Cash + ST InvestmentsLiquidity on hand
$110.1M
$1.1B
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$1.5B
$7.8B
Total Assets
$3.3B
$15.4B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DY
DY
FWONA
FWONA
Q4 25
$110.1M
$1.1B
Q3 25
$28.5M
$1.6B
Q2 25
$16.1M
$3.4B
Q1 25
$92.7M
$3.1B
Q4 24
$15.3M
$3.0B
Q3 24
$19.6M
$3.1B
Q2 24
$26.1M
$2.1B
Q1 24
$101.1M
$1.7B
Total Debt
DY
DY
FWONA
FWONA
Q4 25
$5.1B
Q3 25
$7.0B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.5B
Q3 24
$4.4B
Q2 24
$15.0B
Q1 24
$15.4B
Stockholders' Equity
DY
DY
FWONA
FWONA
Q4 25
$1.5B
$7.8B
Q3 25
$1.4B
$7.4B
Q2 25
$1.3B
$7.3B
Q1 25
$1.2B
$7.0B
Q4 24
$1.2B
$7.0B
Q3 24
$1.2B
$7.4B
Q2 24
$1.1B
$17.1B
Q1 24
$1.1B
$16.6B
Total Assets
DY
DY
FWONA
FWONA
Q4 25
$3.3B
$15.4B
Q3 25
$3.2B
$17.8B
Q2 25
$3.1B
$13.8B
Q1 25
$2.9B
$13.3B
Q4 24
$3.1B
$12.9B
Q3 24
$2.8B
$13.2B
Q2 24
$2.6B
$42.6B
Q1 24
$2.5B
$42.4B
Debt / Equity
DY
DY
FWONA
FWONA
Q4 25
0.66×
Q3 25
0.95×
Q2 25
0.65×
Q1 25
0.65×
Q4 24
0.65×
Q3 24
0.59×
Q2 24
0.88×
Q1 24
0.93×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DY
DY
FWONA
FWONA
Operating Cash FlowLast quarter
$220.0M
$123.0M
Free Cash FlowOCF − Capex
$164.8M
$62.0M
FCF MarginFCF / Revenue
11.4%
3.9%
Capex IntensityCapex / Revenue
3.8%
3.8%
Cash ConversionOCF / Net Profit
2.07×
0.37×
TTM Free Cash FlowTrailing 4 quarters
$296.8M
$789.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DY
DY
FWONA
FWONA
Q4 25
$220.0M
$123.0M
Q3 25
$57.4M
$173.0M
Q2 25
$-54.0M
$231.0M
Q1 25
$328.2M
$381.0M
Q4 24
$65.8M
$-23.0M
Q3 24
$-7.5M
$182.0M
Q2 24
$-37.4M
$752.0M
Q1 24
$325.1M
$395.0M
Free Cash Flow
DY
DY
FWONA
FWONA
Q4 25
$164.8M
$62.0M
Q3 25
$5.8M
$170.0M
Q2 25
$-133.5M
$209.0M
Q1 25
$259.7M
$348.0M
Q4 24
$-8.8M
$-46.0M
Q3 24
$-72.9M
$-153.0M
Q2 24
$-79.4M
$566.0M
Q1 24
$267.7M
$194.0M
FCF Margin
DY
DY
FWONA
FWONA
Q4 25
11.4%
3.9%
Q3 25
0.4%
15.7%
Q2 25
-10.6%
15.6%
Q1 25
23.9%
77.9%
Q4 24
-0.7%
1.4%
Q3 24
-6.1%
-16.8%
Q2 24
-6.9%
17.9%
Q1 24
28.1%
7.1%
Capex Intensity
DY
DY
FWONA
FWONA
Q4 25
3.8%
3.8%
Q3 25
3.8%
0.3%
Q2 25
6.3%
1.6%
Q1 25
6.3%
7.4%
Q4 24
5.9%
-0.7%
Q3 24
5.4%
36.8%
Q2 24
3.7%
5.9%
Q1 24
6.0%
7.3%
Cash Conversion
DY
DY
FWONA
FWONA
Q4 25
2.07×
0.37×
Q3 25
0.59×
13.31×
Q2 25
-0.88×
1.13×
Q1 25
10.05×
76.20×
Q4 24
0.94×
Q3 24
-0.11×
Q2 24
-0.60×
1.65×
Q1 24
13.88×
1.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DY
DY

Segment breakdown not available.

FWONA
FWONA

Formula One$1.4B87%
Product Service Or Other$131.0M8%
Other$77.0M5%

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