Ducommun Incorporated provides engineering and manufacturing services for products and applications used in the aerospace and defense, industrial, medical, and other industries in the United States. It operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies. This segment also supplies engineered products, including illuminated pushbutton switches and panels for aviation and test systems; microwave and millimeter switches and filters for radio frequency systems and test instrumentation; and motors and resolvers for motion control, as well as provides engineering services for aerospace system design, development, integration, and testing service. The Structural Systems segment designs, engineers, and manufactures complex contoured aerostructure components assemblies and supplies, including composite and metal bonded structures, precision profile extrusions, extruded assemblies, ammunition handling systems, seals, and aerodynamic systems; designs, engineers, and manufactures contoured aluminum, titanium, and Inconel aero structure components; structural assembly products, such as winglets, engine components, fuselage structural panels; aircraft wing spoilers, fuselage skins, rotor blades, flight control surfaces, engine nacelle components, feed and eject chutes, storage magazines, custom gun mounts. It serves commercial aircraft, military fixed-wing aircraft, military and commercial rotary-wing aircraft, and space programs. The company was founded in 1849 and is headquartered in Costa Mesa, California.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $825M | $-1M | $-37M | $-49M | -5.6% | 4.9% | -272.3% |
| 2024 | $786M | $76M | $22M | $20M | 3.2% | 3.9% | 36.1% |
| 2023 | $757M | $70M | $16M | $12M | 2.5% | 6.2% | -44.7% |
| 2022 | $713M | $76M | $29M | $13M | 5.5% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 712.54 | 756.99 | 786.44 | 824.84 |
| Operating Revenue | - | 712.54 | 756.99 | 786.44 | 824.84 |
| Cost Of Revenue | - | 568.24 | 593.80 | 589.18 | 603.22 |
| Gross Profit | - | 144.30 | 163.19 | 197.26 | 221.62 |
| Operating Expense | - | 98.35 | 119.73 | 148.60 | 147.81 |
| Selling General And Administration | - | 98.35 | 119.73 | 148.60 | 147.81 |
| Total Expenses | - | 666.59 | 713.53 | 737.78 | 751.03 |
| Operating Income | - | 45.95 | 43.46 | 48.66 | 73.81 |
| Total Operating Income As Reported | - | 39.79 | 28.92 | 42.22 | -35.74 |
| EBITDA | - | 76.31 | 69.72 | 75.66 | -0.91 |
| Normalized EBITDA | - | 82.77 | 84.26 | 82.10 | 109.21 |
| EBIT | - | 44.89 | 37.15 | 42.22 | -34.57 |
| Interest Expense | - | 11.57 | 20.77 | 15.30 | 12.68 |
| Net Interest Income | - | -11.57 | -20.77 | -15.30 | -12.68 |
| Other Non Operating Income Expenses | 0.27 | 5.40 | 8.24 | - | 1.75 |
| Other Income Expense | - | -1.05 | -6.31 | -6.44 | -108.38 |
| Interest Expense Non Operating | - | 11.57 | 20.77 | 15.30 | 12.68 |
| Net Non Operating Interest Income Expense | - | -11.57 | -20.77 | -15.30 | -12.68 |
| Pretax Income | - | 33.32 | 16.38 | 26.92 | -47.25 |
| Tax Provision | - | 4.53 | 0.45 | 5.24 | -9.89 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.88 | -0.41 | -0.95 | -23.06 |
| Net Income Continuous Operations | - | 28.79 | 15.93 | 21.68 | -37.35 |
| Net Income From Continuing And Discontinued Operation | - | 28.79 | 15.93 | 21.68 | -37.35 |
| Net Income From Continuing Operation Net Minority Interest | - | 28.79 | 15.93 | 21.68 | -37.35 |
| Net Income | - | 28.79 | 15.93 | 21.68 | -37.35 |
| Net Income Common Stockholders | - | 28.79 | 15.93 | 21.68 | -37.35 |
| Net Income Including Noncontrolling Interests | - | 28.79 | 15.93 | 21.68 | -37.35 |
| Normalized Income | - | 34.36 | 30.06 | 27.17 | 49.71 |
| Diluted NI Availto Com Stockholders | - | 28.79 | 15.93 | 21.68 | -37.35 |
| Basic Average Shares | - | 12.07 | 13.72 | 14.77 | 14.94 |
| Diluted Average Shares | - | 12.37 | 13.97 | 15.01 | 14.94 |
| Reconciled Depreciation | - | 31.42 | 32.57 | 33.44 | 33.66 |
| Reconciled Cost Of Revenue | - | 568.24 | 593.80 | 589.18 | 603.22 |
| Total Unusual Items | - | -6.45 | -14.54 | -6.44 | -110.12 |
| Total Unusual Items Excluding Goodwill | - | -6.45 | -14.54 | -6.44 | -110.12 |
| Special Income Charges | - | -6.45 | -14.54 | -6.44 | -110.12 |
| Other Special Charges | - | 0.30 | - | - | 107.89 |
| Restructuring And Mergern Acquisition | - | 6.16 | 14.54 | 6.44 | 2.24 |
| Gain On Sale Of Ppe | 132.52 | 0 | 0 | - | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ducommun Incorporatedthis co. | DCO | $2.3B | -60.64 | 3.42 | -5.6% | -2809.95 |
| Cimpress plc | CMPR | $2.3B | 157.16 | -4.03 | -2.6% | 10.82 |
| Blue Bird Corporation | BLBD | $2.3B | 17.83 | 8.91 | 50.0% | 11.11 |
| Custom Truck One Source, Inc. | CTOS | $2.3B | -73.24 | 2.81 | -3.8% | 11.91 |
| Allegiant Travel Company | ALGT | $2.3B |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.16 |
| -4.2% |
| 10.18 |
| American Superconductor Corporation | AMSC | $2.2B | 16.54 | 3.98 | 24.1% | 86.26 |
| TriNet Group, Inc. | TNET | $2.1B | 13.72 | 39.37 | 287.0% | 8.04 |
| The Gorman-Rupp Company | GRC | $2.1B | 38.84 | 4.97 | 12.8% | 19.39 |
| Thermon Group Holdings, Inc. | THR | $2.0B | 45.18 | 3.74 | 8.3% | 22.38 |
| Peer Median | - | 17.83 | 3.86 | 10.5% | 11.51 | |
Historically, Jul has averaged the highest return (+6.9%); Sep the lowest (-2.4%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +19.2%Positive MonthJan 2026: +19.15% | +9.0%Positive MonthFeb 2026: +9.03% | -1.3%Neutral MonthMar 2026: -1.29% | +16.3%Positive MonthApr 2026: +16.34% | +7.3%Positive MonthMay 2026: +7.25% | +21.7%Positive MonthJun 2026: +21.67% | -3.3%Negative MonthJul 2026: -3.34% | +11.8%*Positive MonthAug 2026: +11.81% | — | — | — | — |
| 2025 | +7.4%Positive MonthJan 2025: +7.41% | -14.3%Negative MonthFeb 2025: -14.27% | -1.0%Neutral MonthMar 2025: -1.01% | -1.2%Neutral MonthApr 2025: -1.22% | +22.8%Positive MonthMay 2025: +22.78% | +17.4%Positive MonthJun 2025: +17.41% | +10.1%Positive MonthJul 2025: +10.11% | +0.3%Neutral MonthAug 2025: +0.26% | +5.4%Positive MonthSep 2025: +5.38% | -4.6%Negative MonthOct 2025: -4.56% | -0.1%Neutral MonthNov 2025: -0.07% | +3.8%Positive MonthDec 2025: +3.75% |
| 2024 | -5.2%Negative MonthJan 2024: -5.21% | -3.3%Negative MonthFeb 2024: -3.30% | +7.5%Positive MonthMar 2024: +7.50% | +5.4%Positive MonthApr 2024: +5.44% | +7.6%Positive MonthMay 2024: +7.56% | -0.2%Neutral MonthJun 2024: -0.21% | +10.5%Positive MonthJul 2024: +10.52% | +1.4%Neutral MonthAug 2024: +1.42% | +1.2%Neutral MonthSep 2024: +1.15% | -10.7%Negative MonthOct 2024: -10.69% | +14.0%Positive MonthNov 2024: +13.96% | -5.0%Negative MonthDec 2024: -4.99% |
| 2023 | +15.7%Positive MonthJan 2023: +15.65% | -6.9%Negative MonthFeb 2023: -6.89% | +1.7%Neutral MonthMar 2023: +1.69% | -8.6%Negative MonthApr 2023: -8.61% | -18.1%Negative MonthMay 2023: -18.08% | +6.4%Positive MonthJun 2023: +6.37% | +15.1%Positive MonthJul 2023: +15.08% | -9.3%Negative MonthAug 2023: -9.31% | -4.3%Negative MonthSep 2023: -4.31% | +10.0%Positive MonthOct 2023: +9.95% | +5.3%Positive MonthNov 2023: +5.31% | +3.3%Positive MonthDec 2023: +3.33% |
| 2022 | -6.5%Negative MonthJan 2022: -6.46% | +15.5%Positive MonthFeb 2022: +15.45% | +3.7%Positive MonthMar 2022: +3.72% | -2.5%Negative MonthApr 2022: -2.52% | -10.6%Negative MonthMay 2022: -10.61% | -5.7%Negative MonthJun 2022: -5.72% | +10.0%Positive MonthJul 2022: +9.99% | -7.1%Negative MonthAug 2022: -7.06% | -9.9%Negative MonthSep 2022: -9.86% | +19.0%Positive MonthOct 2022: +19.04% | +6.6%Positive MonthNov 2022: +6.57% | -0.7%Neutral MonthDec 2022: -0.70% |
| 2021 | — | — | — | — | -8.8%Negative MonthMay 2021: -8.76% | +1.5%Neutral MonthJun 2021: +1.47% | -1.1%Neutral MonthJul 2021: -1.12% | -2.3%Negative MonthAug 2021: -2.32% | -4.5%Negative MonthSep 2021: -4.46% | -3.9%Negative MonthOct 2021: -3.89% | -12.2%Negative MonthNov 2021: -12.15% | +10.0%Positive MonthDec 2021: +10.02% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.