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Ducommun Inc. /DE/ (DCO) Stock Fundamental Analysis & AI Rating 2026

DCO NYSE Aircraft Parts & Auxiliary Equipment, NEC DE CIK: 0000030305
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
82% Confidence
STRONG AGREEMENT
SELL
85% Conf
SELL
78% Conf

📊 DCO Key Takeaways

Revenue: $824.7M
Net Margin: -4.1%
Free Cash Flow: $-48.6M
Current Ratio: 3.50x
Debt/Equity: 0.45x
EPS: $-2.27
AI Rating: SELL with 85% confidence
Ducommun Inc. /DE/ (DCO) receives a SELL rating with 82% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $824.7M, net profit margin of -4.1%, and return on equity (ROE) of -5.1%, Ducommun Inc. /DE/ demonstrates mixed fundamentals in the Automotive sector. Below is our complete DCO stock analysis for 2026.

Is Ducommun Inc. /DE/ (DCO) a Good Investment?

Claude

Despite modest revenue growth of 4.9% YoY, DCO is experiencing severe operational deterioration with negative operating income of -$32.3M and negative free cash flow of -$48.6M, indicating fundamental business challenges beyond cyclical headwinds. The company's inability to convert gross profit into operating profit, combined with deteriorating cash generation, suggests structural profitability issues that require immediate operational improvement.

ChatGPT

Ducommun shows modest top-line growth, but the quality of that growth is weak because it is not translating into earnings or cash generation. Profitability has deteriorated sharply into operating and net losses, while operating cash flow and free cash flow are both negative. The balance sheet and liquidity remain solid enough to limit near-term financial stress, but fundamentals currently point to execution pressure rather than durable operating strength.

Why Buy Ducommun Inc. /DE/ Stock? DCO Key Strengths

Claude
  • + Revenue growth of 4.9% YoY demonstrates underlying demand in aerospace/defense sector
  • + Strong liquidity position with current ratio of 3.50x and quick ratio of 2.47x providing near-term financial flexibility
  • + Reasonable leverage with debt-to-equity ratio of 0.45x leaves room for capital structure optimization
ChatGPT
  • + Revenue is still growing year over year, indicating underlying demand remains intact
  • + Liquidity is strong with a 3.50x current ratio and 2.47x quick ratio
  • + Leverage is manageable with debt/equity of 0.45x and a substantial equity base

DCO Stock Risks: Ducommun Inc. /DE/ Investment Risks

Claude
  • ! Operating losses of -$32.3M and negative net margin of -4.1% indicate severe operational distress despite gross margins of 26.9%
  • ! Negative free cash flow of -$48.6M is unsustainable and eroding cash reserves ($45.3M cash available), threatening financial stability within 12 months
  • ! Deteriorating profitability with net income declining 207.8% YoY signals inability to manage costs or operational efficiency despite revenue growth
ChatGPT
  • ! Operating margin and net margin are negative, showing the business is currently not converting sales into profits
  • ! Net income and EPS deteriorated sharply year over year, signaling worsening earnings quality
  • ! Negative operating cash flow and free cash flow suggest working capital strain or poor cash conversion

Key Metrics to Watch

Claude
  • * Operating margin recovery path and cost structure normalization
  • * Free cash flow reversion to positive territory and cash burn rate sustainability
  • * Gross profit maintenance and operational leverage improvement as revenue grows
ChatGPT
  • * Operating margin recovery
  • * Operating cash flow trend

Ducommun Inc. /DE/ (DCO) Financial Metrics & Key Ratios

Revenue
$824.7M
Net Income
$-33.9M
EPS (Diluted)
$-2.27
Free Cash Flow
$-48.6M
Total Assets
$1.2B
Cash Position
$45.3M

💡 AI Analyst Insight

Strong liquidity with a 3.50x current ratio provides a solid financial cushion.

DCO Profit Margin, ROE & Profitability Analysis

Gross Margin 26.9%
Operating Margin -3.9%
Net Margin -4.1%
ROE -5.1%
ROA -2.9%
FCF Margin -5.9%

DCO vs Automotive Sector: How Ducommun Inc. /DE/ Compares

How Ducommun Inc. /DE/ compares to Automotive sector averages

Net Margin
DCO -4.1%
vs
Sector Avg 6.0%
DCO Sector
ROE
DCO -5.1%
vs
Sector Avg 12.0%
DCO Sector
Current Ratio
DCO 3.5x
vs
Sector Avg 1.2x
DCO Sector
Debt/Equity
DCO 0.5x
vs
Sector Avg 1.0x
DCO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ducommun Inc. /DE/ Stock Overvalued? DCO Valuation Analysis 2026

Based on fundamental analysis, Ducommun Inc. /DE/ has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
-5.1%
Sector avg: 12%
Net Profit Margin
-4.1%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.45x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ducommun Inc. /DE/ Balance Sheet: DCO Debt, Cash & Liquidity

Current Ratio
3.50x
Quick Ratio
2.47x
Debt/Equity
0.45x
Debt/Assets
44.2%
Interest Coverage
N/A
Long-term Debt
$298.8M

DCO Revenue & Earnings Growth: 5-Year Financial Trend

DCO 5-year financial data: Year 2021: Revenue $721.1M, Net Income $32.5M, EPS $2.75. Year 2022: Revenue $712.5M, Net Income $29.2M, EPS $2.45. Year 2023: Revenue $757.0M, Net Income $135.5M, EPS $11.06. Year 2024: Revenue $786.6M, Net Income $28.8M, EPS $2.33. Year 2025: Revenue $824.7M, Net Income $15.9M, EPS $1.14.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ducommun Inc. /DE/'s revenue has grown significantly by 14% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.14 reflects profitable operations.

DCO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-5.9%
Free cash flow / Revenue

DCO Quarterly Earnings & Performance

Quarterly financial performance data for Ducommun Inc. /DE/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $201.4M $10.1M $0.67
Q2 2025 $197.0M $6.8M $0.52
Q1 2025 $190.8M $6.8M $0.46
Q3 2024 $196.3M $3.2M $0.22
Q2 2024 $187.3M $2.4M $0.17
Q1 2024 $181.2M $5.2M $0.42
Q3 2023 $186.6M $3.2M $0.22
Q2 2023 $174.2M $2.4M $0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ducommun Inc. /DE/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$33.4M
Cash generated from operations
Stock Buybacks
$938.0K
Shares repurchased (TTM)
Capital Expenditures
$15.2M
Investment in assets
Dividends
None
No dividend program

DCO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ducommun Inc. /DE/ (CIK: 0000030305)

📋 Recent SEC Filings

Date Form Document Action
Mar 13, 2026 DEF 14A dco014947-def14a.htm View →
Mar 12, 2026 4 xslF345X05/ownership.xml View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →
Mar 6, 2026 4 xslF345X05/ownership.xml View →
Mar 6, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about DCO

What is the AI rating for DCO?

Ducommun Inc. /DE/ (DCO) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DCO's key strengths?

Claude: Revenue growth of 4.9% YoY demonstrates underlying demand in aerospace/defense sector. Strong liquidity position with current ratio of 3.50x and quick ratio of 2.47x providing near-term financial flexibility. ChatGPT: Revenue is still growing year over year, indicating underlying demand remains intact. Liquidity is strong with a 3.50x current ratio and 2.47x quick ratio.

What are the risks of investing in DCO?

Claude: Operating losses of -$32.3M and negative net margin of -4.1% indicate severe operational distress despite gross margins of 26.9%. Negative free cash flow of -$48.6M is unsustainable and eroding cash reserves ($45.3M cash available), threatening financial stability within 12 months. ChatGPT: Operating margin and net margin are negative, showing the business is currently not converting sales into profits. Net income and EPS deteriorated sharply year over year, signaling worsening earnings quality.

What is DCO's revenue and growth?

Ducommun Inc. /DE/ reported revenue of $824.7M.

Does DCO pay dividends?

Ducommun Inc. /DE/ does not currently pay dividends.

Where can I find DCO SEC filings?

Official SEC filings for Ducommun Inc. /DE/ (CIK: 0000030305) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DCO's EPS?

Ducommun Inc. /DE/ has a diluted EPS of $-2.27.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is DCO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ducommun Inc. /DE/ has a SELL rating with 82% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is DCO stock overvalued or undervalued?

Valuation metrics for DCO: ROE of -5.1% (sector avg: 12%), net margin of -4.1% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

Should I buy DCO stock in 2026?

Our dual AI analysis gives Ducommun Inc. /DE/ a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DCO's free cash flow?

Ducommun Inc. /DE/'s operating cash flow is $-33.4M, with capital expenditures of $15.2M. FCF margin is -5.9%.

How does DCO compare to other Automotive stocks?

Vs Automotive sector averages: Net margin -4.1% (avg: 6%), ROE -5.1% (avg: 12%), current ratio 3.50 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI