DCO

Industrials

Ducommun Incorporated · Aerospace & Defense · $2B

UQS Score — Balanced Preset
32.4
Below Average

Ducommun Incorporated scores 32.4/100 using the Balanced preset.

UQS vs Industrials Sector
DCO
32.4
Sector avg
42.4
Quality
Weak
Moat
Weak
Growth
Neutral
Risk
Neutral
Valuation
Neutral

What is Ducommun Incorporated?

Ducommun Incorporated is a US-based engineering and manufacturing company serving aerospace, defense, medical, and industrial markets. Operating through two segments, it delivers both electronic systems and structural components to major platform programs.

Ducommun generates revenue by designing and manufacturing complex assemblies for demanding end markets. Its Electronic Systems segment produces cable assemblies, printed circuit board assemblies, radar enclosures, and engineered switches. Its Structural Systems segment fabricates aero-structure components from aluminum, titanium, and composite materials — including winglets, fuselage panels, and engine components — for commercial and defense aircraft programs.

Ducommun was founded in 1973 and is headquartered in Santa Ana, California.

  • Cable assemblies and interconnect systems
  • Printed circuit board and electromechanical assemblies
  • Aero-structure components and structural assemblies
  • Lightning diversion systems and RF switches

Is DCO a Good Stock to Buy?

UQS Score rates DCO as Below Average overall, reflecting meaningful challenges across several quality dimensions.

The Growth and Risk pillars both register as Neutral, suggesting the business is not in acute distress and retains some forward momentum tied to aerospace and defense demand cycles. Valuation is also Neutral, meaning the stock is not obviously mispriced relative to its fundamentals.

Both the Quality and Moat pillars score Weak, pointing to limited competitive differentiation and below-average financial returns relative to sector peers.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does DCO pay dividends?

No — Ducommun Incorporated does not currently pay a dividend.

Ducommun does not currently pay a dividend. For a capital-intensive manufacturer operating in aerospace and defense, retaining cash to fund program investments, working capital, and potential acquisitions is a common strategic choice. Income-focused investors should factor this into their assessment.

When does DCO report earnings?

Ducommun reports earnings on a quarterly cadence, consistent with standard practice for US-listed industrial companies.

Results have reflected the mixed dynamics of commercial aerospace recovery alongside defense program timing. Revenue trends and margin performance are best evaluated in the context of segment-level disclosures across both Electronic and Structural Systems.

For the most recent quarter's results, visit Ducommun's investor relations page directly.

DCO Price History

+163.3% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Ducommun Incorporated?

$
Today it would be worth
$24,058
That's a +141% total return, or +19.2% annualized.

Based on Ducommun Incorporated's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

DCO Long-term Outlook

With Growth and Risk both rated Neutral, Ducommun's near-term trajectory appears stable rather than accelerating. The company's exposure to long-cycle aerospace and defense programs provides some revenue visibility, but Weak Quality and Moat scores suggest limited pricing power and margin expansion potential. Execution on program ramps and cost discipline will be key variables to watch.

Growth drivers

  • Sustained demand from commercial aerospace production ramp-ups
  • Defense program content on multi-year platforms
  • Expansion into medical and industrial end markets

Key risks

  • Weak moat leaves the business exposed to pricing pressure from larger, better-capitalized suppliers
  • Program delays or volume reductions from key aerospace customers
  • Capital intensity and debt levels constraining financial flexibility

DCO vs Peers

Ducommun competes in the aerospace and defense manufacturing space alongside a range of specialized providers.

VVXDCO scores lower
V2X, Inc.

V2X focuses on integrated mission support and logistics services for defense customers, emphasizing services over manufactured hardware.

VOYGDCO scores higher
Voyager Technologies, Inc.

Voyager Technologies targets national security space and defense applications, operating at the intersection of advanced manufacturing and space systems.

RDWSimilar UQS
Redwire Corporation

Redwire specializes in space infrastructure and in-space manufacturing, serving a more narrowly defined segment of the defense and civil space market.

Frequently Asked Questions

What does Ducommun do?

Ducommun designs and manufactures engineered components and assemblies for aerospace, defense, medical, and industrial customers. It operates through two segments: Electronic Systems, which produces circuit board assemblies, cable systems, and avionics enclosures, and Structural Systems, which fabricates aero-structure components from metals and composites.

Does DCO pay dividends?

No, Ducommun does not currently pay a dividend. The company retains its cash flow to support manufacturing operations, program investments, and balance sheet management. Investors seeking regular income should note this when evaluating DCO.

When does DCO report earnings?

Ducommun follows a standard quarterly reporting cadence. Specific dates are not covered by our data source. For upcoming earnings dates, check Ducommun's investor relations page or a financial calendar service.

Is DCO a good stock to buy?

UQS Score rates DCO as Below Average, driven by Weak scores on Quality and Moat. Growth and Risk are Neutral, and Valuation is also Neutral. Whether DCO fits a portfolio depends on individual risk tolerance and investment goals — the full pillar breakdown is available to Pro members.

Is DCO overvalued?

DCO's Valuation pillar is rated Neutral, suggesting the stock is neither clearly cheap nor obviously expensive relative to its fundamentals. Given the Weak Quality and Moat scores, investors should weigh whether the current price adequately compensates for those underlying limitations.

How does DCO compare to its competitors?

Ducommun competes with companies like V2X, Voyager Technologies, and Redwire in the broader aerospace and defense supply chain. Each competitor has a distinct focus — services, space systems, or in-space manufacturing — while Ducommun's core strength lies in engineered hardware manufacturing across both electronic and structural domains.

What is DCO's market cap bracket?

Ducommun is classified as a mid-cap company. This places it in a tier that typically offers more growth potential than large-caps but with greater volatility and less financial scale than the largest defense primes.

Who founded Ducommun?

Ducommun's roots trace back to the mid-nineteenth century as a hardware merchant, though the modern incorporated entity dates to 1973. Detailed founding history is publicly available through the company's official corporate profile and investor relations materials.

Is DCO a long-term quality investment?

As a long-term quality indicator, DCO's Below Average UQS Score — with Weak Quality and Moat pillars — raises questions about durable competitive advantage and consistent financial returns. Long-term investors typically seek stronger scores in these areas. The full analysis is available to Pro members.

What is the main competitive advantage of Ducommun?

Ducommun's positioning in long-cycle aerospace and defense programs provides some revenue stability, as switching costs on certified manufacturing programs can be meaningful. However, the Weak Moat score suggests this advantage is not yet translating into strong pricing power or above-average returns relative to sector peers.

What sector does DCO belong to?

Ducommun operates in the Industrials sector, specifically within aerospace and defense manufacturing. Its products serve both commercial aviation and military platforms, giving it exposure to two distinct demand cycles within the broader industrial landscape.

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Pro Analysis

DCO — Score History

202530354045Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 20 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 23, 202632.410.621.054.044.047.30.0
May 22, 202632.410.621.054.044.047.5-0.1
May 21, 202632.510.621.054.244.047.70.0
May 20, 202632.510.621.054.244.047.90.0
May 19, 202632.510.621.054.244.047.50.0
May 16, 202632.510.621.054.244.047.7+0.1
May 15, 202632.410.621.054.244.046.9+0.4
May 14, 202632.010.621.052.344.046.8-0.1
May 13, 202632.110.621.052.344.047.40.0
May 12, 202632.110.621.052.344.047.9-0.1

DCO — Pillar Breakdown

Quality

10.6/100 (25%)

Ducommun Incorporated currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsModerate

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

54.0/100 (20%)

Ducommun Incorporated shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

44.0/100 (15%)

Ducommun Incorporated has some risk factors including moderate leverage or solvency concerns.

Financial LeverageWeak

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioStrong

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

47.3/100 (15%)

Ducommun Incorporated has a mixed valuation — some metrics suggest fair value while others appear stretched.

Earnings YieldWeak

Inverse of forward P/E — higher yield means cheaper stock.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorWeak

Enterprise value multiple relative to sector median.

Moat

21/100 (25%)

Ducommun Incorporated operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for DCO.

Score Composition

Quality
10.6×25%2.6
Growth
54.0×20%10.8
Risk
44.0×15%6.6
Valuation
47.3×15%7.1
Moat
21.0×25%5.3
Total
32.4Below Average

Financial Data

More Stock Analysis

How is the DCO UQS Score Calculated?

The UQS (Unified Quality Score) for Ducommun Incorporated is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Ducommun Incorporated's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Ducommun Incorporated is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.