DAKTNasdaqMiscellaneous Manufacturing IndustriesFiscal year ends May 1
DAKTRONICS INC /SD/
Financials through Q1 FY2027, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 2, 2026
$18.61+0.40 (+2.20%)
Close on Oct 19, 2026
- Market cap
- $910.05M
- P/E (TTM)
- 19.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
27.3%+2.3 pts over 5 years
Operating margin
7.3%+3.7 pts over 5 years
Net margin
5.4%+3.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.9% | +3.6% | +11.7% | +3.9% | |
| Gross profit | +17.1% | +14.8% | +13.7% | +6.6% | |
| Operating income | +83.7% | +41.7% | +28.9% | +37.6% | |
| Net income | – | +88.2% | +32.9% | +36.2% | |
| EPS, diluted | – | +83.0% | +30.8% | +33.8% | |
| Free cash flow | -56.1% | – | -10.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 5.2% | 5.9% | 15.8% | |
| Return on assets | 2.9% | 2.9% | 8.6% | |
| Current ratio | 1.97 | 1.81 | 2.31 | |
| Debt to equity | – | – | 0.04 | |
| Net debt to EBITDA | – | – | -1.51× | |
| Interest coverage | 67.0× | 58.0× | 41.6× | |
| Inventory turnover | 6.5× | 4.5× | 5.6× | |
| Capex to revenue | 1.4% | 1.6% | 1.8% | |
| Diluted shares | 44M | 45M | 49M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Daktronics generated $252.23M from operations and spent $155.38M on capital expenditure, dividends and share buybacks. 63% of that went back into the business.
Generated
$252.23M
Used
$155.38M
Capital expenditure$97.15M63%Dividends$00%Share buybacks$58.22M37%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.4%
×Asset turnover1.59×
×Equity multiplier1.85×
=Return on equity, FY202615.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 5.4% | 1.59× | 1.85× | 15.8% |
| FY2025 | -1.3% | 1.47× | 2.02× | -4.0% |
| FY2024 | 4.2% | 1.64× | 2.27× | 15.7% |
| FY2023 | 0.9% | 1.66× | 2.32× | 3.5% |
| FY2022 | 0.1% | 1.50× | 2.12× | 0.3% |
| FY2021 | 2.3% | 1.29× | 2.02× | 5.9% |
| FY2020 | 0.1% | 1.69× | 1.98× | 0.3% |
| FY2019 | -0.2% | 1.61× | 1.84× | -0.5% |
| FY2018 | 0.9% | 1.71× | 1.80× | 2.8% |
| FY2017 | 1.8% | 1.66× | 1.77× | 5.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
8of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$45.38M
- Cash generatingOperating cash flow above zero$49.22M
- Return on assets improvedROA up on the prior year-1.9% → 9.0%
- Earnings backed by cashOperating cash flow above net income$49.22M vs $45.38M
- Less leverageLong-term debt to assets fell2.1% → 1.7%
- Better liquidityCurrent ratio rose2.22 → 2.31
- No dilutionShare count did not rise48M → 49M
- Gross margin improvedGross margin up on the prior year25.84% → 27.30%
- More efficientAsset turnover rose1.43 → 1.67