Daktronics (DAKT) Financials

$12.49 +0.14 (+1.13%)

Closing price 04:00 PM Eastern

Extended Trading

$12.49 0.00 (0.00%)

As of 04:41 PM Eastern

Annual Income Statements for Daktronics

This table shows Daktronics' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	0.59	6.80	35
Consolidated Net Income / (Loss)	0.59	6.80	35
Net Income / (Loss) Continuing Operations	0.59	6.80	35
Total Pre-Tax Income	1.11	13	54
Total Operating Income	4.05	21	87
Total Gross Profit	117	151	222
Total Revenue	611	754	818
Operating Revenue	611	754	818
Total Cost of Revenue	494	603	596
Operating Cost of Revenue	494	603	596
Total Operating Expenses	113	130	135
Selling, General & Admin Expense	84	95	100
Research & Development Expense	29	30	36
Impairment Charge	0.00	4.58	0.00
Total Other Income / (Expense), net	-2.94	-8.13	-33
Interest & Investment Income	0.17	-0.92	-3.42
Other Income / (Expense), net	-3.11	-7.21	-30
Income Tax Expense	0.52	6.46	19
Basic Earnings per Share	$0.01	$0.15	$0.75
Weighted Average Basic Shares Outstanding	45.19M	45.40M	45.90M
Diluted Earnings per Share	$0.01	$0.15	$0.74
Weighted Average Diluted Shares Outstanding	45.33M	45.52M	46.54M
Weighted Average Basic & Diluted Shares Outstanding	45.03M	45.70M	46.30M

This table shows Daktronics' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Net Income / (Loss) Attributable to Common Shareholders	-5.33	-13	8.29	17	19	2.17	11	2.52	-4.95	21	-17
Consolidated Net Income / (Loss)	-5.33	-13	3.71	21	19	2.17	11	2.52	-4.95	21	-17
Net Income / (Loss) Continuing Operations	-5.33	-13	8.29	17	19	2.17	11	2.52	-4.95	21	-17
Total Pre-Tax Income	-6.33	1.06	5.34	13	28	6.16	13	7.17	0.22	25	-18
Total Operating Income	-5.52	1.53	7.12	18	40	19	8.04	19	23	16	-3.63
Total Gross Profit	26	32	42	52	71	54	42	55	60	56	37
Total Revenue	172	187	185	210	233	199	170	216	226	208	150
Operating Revenue	172	187	185	210	233	199	170	216	226	208	150
Total Cost of Revenue	146	156	143	158	161	145	129	161	166	152	113
Operating Cost of Revenue	146	156	143	158	161	145	129	161	166	152	113
Total Operating Expenses	31	30	30	38	31	35	34	36	37	40	40
Selling, General & Admin Expense	24	23	23	26	23	26	25	27	27	30	31
Research & Development Expense	7.44	6.97	7.25	8.33	8.40	9.22	8.84	9.28	9.62	9.84	9.44
Total Other Income / (Expense), net	-0.75	-0.47	-1.78	-5.14	-12	-13	4.60	-12	-22	9.41	-14
Interest & Investment Income	-	-0.26	-0.40	-	-0.88	-1.33	-0.75	-0.47	-0.07	0.27	0.51
Other Income / (Expense), net	-0.75	-0.21	-1.38	-4.88	-11	-12	5.34	-12	-22	9.14	-15
Income Tax Expense	-1.00	14	1.63	-8.21	8.90	3.99	1.89	4.65	5.17	3.78	-0.66
Basic Earnings per Share	($0.12)	($0.29)	$0.08	$0.48	$0.42	$0.05	$0.23	$0.05	($0.11)	$0.46	($0.36)
Weighted Average Basic Shares Outstanding	45.10M	45.32M	45.39M	45.40M	45.65M	46.03M	46.17M	45.90M	46.31M	46.80M	47.76M
Diluted Earnings per Share	($0.12)	($0.29)	$0.08	$0.48	$0.42	$0.05	$0.09	$0.18	($0.11)	$0.22	($0.36)
Weighted Average Diluted Shares Outstanding	45.10M	45.32M	45.45M	45.52M	46.20M	46.71M	50.84M	46.54M	46.31M	51.72M	47.76M
Weighted Average Basic & Diluted Shares Outstanding	45.03M	45.47M	45.47M	45.70M	45.72M	46.18M	46.19M	46.30M	46.65M	46.99M	49.89M

This table details how cash moves in and out of Daktronics' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-62	6.68	57
Net Cash From Operating Activities	-27	15	63
Net Cash From Continuing Operating Activities	-27	15	63
Net Income / (Loss) Continuing Operations	0.59	6.80	35
Consolidated Net Income / (Loss)	0.59	6.80	35
Depreciation Expense	15	17	19
Non-Cash Adjustments To Reconcile Net Income	3.91	15	33
Changes in Operating Assets and Liabilities, net	-47	-23	-23
Net Cash From Investing Activities	-31	-25	-21
Net Cash From Continuing Investing Activities	-31	-25	-21
Purchase of Property, Plant & Equipment	-20	-25	-17
Acquisitions	-7.85	-4.32	-5.05
Purchase of Investments	-4.05	0.00	0.00
Sale of Property, Plant & Equipment	0.89	0.82	0.17
Sale and/or Maturity of Investments	0.00	3.49	0.55
Net Cash From Financing Activities	-3.58	18	15
Net Cash From Continuing Financing Activities	-3.58	18	15
Repayment of Debt	-47	-362	-27
Repurchase of Common Equity	-3.18	0.00	0.00
Issuance of Debt	47	380	41
Other Financing Activities, net	-0.19	-0.12	1.00
Effect of Exchange Rate Changes	-0.40	-0.52	-0.07

This table details how cash moves in and out of Daktronics' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Net Change in Cash & Equivalents	-8.98	-1.89	3.59	14	30	19	4.21	4.49	16	37	-2.18
Net Cash From Operating Activities	-23	0.88	12	25	19	25	9.48	9.45	19	43	12
Net Cash From Continuing Operating Activities	-23	0.88	12	25	19	25	9.48	9.45	19	43	12
Net Income / (Loss) Continuing Operations	-5.33	-13	3.71	21	19	2.17	11	2.52	-4.95	21	-17
Consolidated Net Income / (Loss)	-5.33	-13	3.71	21	19	2.17	11	2.52	-4.95	21	-17
Depreciation Expense	4.03	4.20	4.32	4.45	4.67	4.83	4.88	4.92	4.89	4.90	4.91
Non-Cash Adjustments To Reconcile Net Income	1.22	1.63	5.90	5.98	12	13	-4.11	12	23	-9.31	15
Changes in Operating Assets and Liabilities, net	-23	8.03	-1.48	-7.32	-17	5.51	-2.03	-9.82	-3.75	26	9.25
Net Cash From Investing Activities	-10	-4.82	-5.76	-4.44	-5.71	-6.37	-4.98	-4.25	-5.97	-6.41	-5.40
Net Cash From Continuing Investing Activities	-10	-4.82	-5.76	-4.44	-5.71	-6.37	-4.98	-4.25	-5.97	-6.41	-5.40
Purchase of Property, Plant & Equipment	-11	-5.58	-5.57	-3.58	-4.55	-4.68	-4.40	-3.35	-5.08	-5.39	-4.20
Acquisitions	-1.08	-1.80	-0.36	-1.08	-1.19	-1.71	-1.19	-0.97	-0.93	-1.11	-1.29
Sale of Property, Plant & Equipment	0.37	0.07	0.18	0.21	0.03	0.03	0.06	0.07	0.05	0.08	0.09
Net Cash From Financing Activities	24	2.15	-2.78	-5.93	16	-0.44	-0.23	-0.57	2.06	-0.03	-8.63
Net Cash From Continuing Financing Activities	24	2.15	-2.78	-5.93	16	-0.44	-0.23	-0.57	2.06	-0.03	-8.63
Repayment of Debt	-68	-96	-95	-103	-24	-1.09	-0.86	-1.41	-1.09	-0.48	-0.48
Other Financing Activities, net	0.00	-0.14	-	0.02	0.05	0.66	0.14	0.16	3.15	0.45	0.87
Effect of Exchange Rate Changes	0.08	-0.09	-0.33	-0.18	-0.24	0.38	-0.06	-0.15	-0.06	0.27	-0.18
Cash Interest Paid	0.08	0.26	0.42	-	0.10	0.93	0.93	-	0.89	0.88	0.89
Cash Income Taxes Paid	0.69	1.79	1.99	-	5.77	6.10	6.31	-	9.08	3.83	3.71

This table presents Daktronics' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	441	468	528
Total Current Assets	318	343	402
Cash & Equivalents	17	24	81
Restricted Cash	0.87	0.71	0.38
Note & Lease Receivable	2.80	1.22	0.30
Accounts Receivable	101	110	117
Inventories, net	134	149	138
Prepaid Expenses	15	9.68	8.53
Current Deferred & Refundable Income Taxes	0.60	0.33	0.45
Other Current Assets	42	47	56
Plant, Property, & Equipment, net	67	72	72
Total Noncurrent Assets	57	53	54
Long-Term Investments	32	28	21
Noncurrent Note & Lease Receivables	1.49	0.26	0.56
Goodwill	7.93	3.24	3.23
Intangible Assets	1.47	1.14	0.84
Noncurrent Deferred & Refundable Income Taxes	13	17	26
Other Noncurrent Operating Assets	0.00	3.87	2.53
Total Liabilities & Shareholders' Equity	441	468	528
Total Liabilities	249	267	289
Total Current Liabilities	214	210	192
Short-Term Debt	-	0.00	1.50
Accounts Payable	76	68	61
Accrued Expenses	47	48	60
Current Deferred & Payable Income Tax Liabilities	0.41	2.86	4.95
Other Current Liabilities	90	92	66
Total Noncurrent Liabilities	36	57	97
Long-Term Debt	0.00	18	53
Noncurrent Deferred & Payable Income Tax Liabilities	0.29	0.20	0.14
Other Noncurrent Operating Liabilities	35	39	43
Total Equity & Noncontrolling Interests	192	201	239
Total Preferred & Common Equity	192	201	239
Preferred Stock	0.00	0.00	0.00
Total Common Equity	192	201	239
Common Stock	110	113	118
Retained Earnings	97	103	138
Treasury Stock	-10	-10	-10
Accumulated Other Comprehensive Income / (Loss)	-4.93	-5.53	-6.53

This table presents Daktronics' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Total Assets	473	464	454	508	511	499	554	552	524
Total Current Assets	343	346	342	387	386	376	427	423	394
Cash & Equivalents	8.28	6.43	10	46	65	77	97	134	132
Restricted Cash	0.75	0.71	0.71	8.58	8.25	0.43	0.38	0.00	0.00
Note & Lease Receivable	1.62	1.74	1.72	0.97	0.77	0.27	0.44	1.27	1.78
Accounts Receivable	113	115	116	126	115	101	132	111	96
Inventories, net	157	168	165	145	142	140	135	122	113
Prepaid Expenses	12	11	8.77	9.85	10	7.85	8.58	9.18	7.34
Current Deferred & Refundable Income Taxes	2.32	3.22	3.26	0.01	0.00	1.50	0.11	0.14	5.04
Other Current Assets	45	39	36	51	45	48	54	45	40
Plant, Property, & Equipment, net	72	74	74	72	73	72	74	74	74
Total Noncurrent Assets	58	44	38	49	52	51	53	55	56
Long-Term Investments	34	34	33	28	28	27	21	21	24
Noncurrent Note & Lease Receivables	1.12	0.73	0.45	0.15	0.15	0.10	0.12	2.54	1.78
Goodwill	7.86	7.64	3.29	3.33	3.20	3.26	3.20	3.19	3.09
Intangible Assets	1.39	1.25	1.22	1.09	0.97	0.92	0.77	0.70	0.60
Noncurrent Deferred & Refundable Income Taxes	13	0.00	0.00	17	17	17	26	26	25
Other Noncurrent Operating Assets	-	-	-	0.00	3.15	2.84	2.22	1.91	1.60
Total Liabilities & Shareholders' Equity	473	464	454	508	511	499	554	552	524
Total Liabilities	287	291	274	287	288	263	316	291	252
Total Current Liabilities	225	227	212	204	190	170	197	180	162
Short-Term Debt	-	-	-	1.50	1.50	1.50	1.50	1.50	1.50
Accounts Payable	82	87	71	62	54	49	67	57	45
Accrued Expenses	45	49	44	46	53	50	56	58	50
Current Deferred & Payable Income Tax Liabilities	0.26	0.46	0.38	5.51	3.35	0.63	0.54	0.53	0.21
Other Current Liabilities	96	90	98	89	78	69	72	62	66
Total Noncurrent Liabilities	62	64	62	83	98	93	119	111	89
Long-Term Debt	24	26	24	41	55	48	74	64	41
Noncurrent Deferred & Payable Income Tax Liabilities	0.29	0.00	0.00	0.20	0.19	0.20	0.14	0.14	0.14
Other Noncurrent Operating Liabilities	38	38	38	41	43	44	44	47	48
Total Equity & Noncontrolling Interests	187	173	179	221	223	236	238	261	272
Total Preferred & Common Equity	187	173	179	221	223	236	238	261	272
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	187	173	179	221	223	236	238	261	272
Common Stock	111	112	113	115	116	117	122	123	162
Retained Earnings	91	78	82	123	125	136	133	154	137
Treasury Stock	-10	-10	-10	-10	-10	-10	-10	-10	-19
Accumulated Other Comprehensive Income / (Loss)	-5.57	-7.09	-5.11	-5.77	-6.96	-5.91	-6.40	-6.06	-7.39

This table displays calculated financial ratios and metrics derived from Daktronics' official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	26.75%	23.44%	8.47%
EBITDA Growth	-47.66%	90.86%	146.26%
EBIT Growth	-93.37%	1,413.02%	305.37%
NOPAT Growth	-83.74%	407.64%	408.47%
Net Income Growth	-94.58%	1,048.99%	408.98%
EPS Growth	-95.83%	1,400.00%	393.33%
Operating Cash Flow Growth	-140.83%	155.57%	320.93%
Free Cash Flow Firm Growth	-247.69%	64.94%	277.36%
Invested Capital Growth	60.02%	20.60%	15.19%
Revenue Q/Q Growth	8.01%	6.75%	0.74%
EBITDA Q/Q Growth	-9.55%	90.43%	-6.44%
EBIT Q/Q Growth	-58.94%	56,808.00%	-9.10%
NOPAT Q/Q Growth	-52.09%	458.70%	-27.11%
Net Income Q/Q Growth	-69.89%	143.29%	-35.29%
EPS Q/Q Growth	-50.00%	142.86%	-28.85%
Operating Cash Flow Q/Q Growth	-261.77%	235.87%	-19.23%
Free Cash Flow Firm Q/Q Growth	-22.51%	33.50%	-42.68%
Invested Capital Q/Q Growth	5.00%	4.30%	4.90%
Profitability Metrics	-	-	-
Gross Margin	19.10%	20.07%	27.19%
EBITDA Margin	2.67%	4.13%	9.38%
Operating Margin	0.66%	2.84%	10.65%
EBIT Margin	0.15%	1.88%	7.02%
Profit (Net Income) Margin	0.10%	0.90%	4.23%
Tax Burden Percent	53.43%	51.31%	64.05%
Interest Burden Percent	118.25%	93.51%	94.05%
Effective Tax Rate	46.57%	48.69%	35.95%
Return on Invested Capital (ROIC)	1.94%	7.25%	31.34%
ROIC Less NNEP Spread (ROIC-NNEP)	3.88%	16.55%	82.02%
Return on Net Nonoperating Assets (RNNOA)	-1.63%	-3.78%	-15.59%
Return on Equity (ROE)	0.31%	3.47%	15.75%
Cash Return on Invested Capital (CROIC)	-44.23%	-11.42%	17.22%
Operating Return on Assets (OROA)	0.23%	3.12%	11.54%
Return on Assets (ROA)	0.15%	1.50%	6.95%
Return on Common Equity (ROCE)	0.31%	3.47%	15.75%
Return on Equity Simple (ROE_SIMPLE)	0.31%	3.39%	14.50%
Net Operating Profit after Tax (NOPAT)	2.16	11	56
NOPAT Margin	0.35%	1.46%	6.82%
Net Nonoperating Expense Percent (NNEP)	-1.94%	-9.30%	-50.68%
Cost of Revenue to Revenue	80.90%	79.93%	72.81%
SG&A Expenses to Revenue	13.69%	12.65%	12.17%
R&D to Revenue	4.75%	3.98%	4.37%
Operating Expenses to Revenue	18.44%	17.23%	16.54%
Earnings before Interest and Taxes (EBIT)	0.94	14	57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	16	31	77
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.80	1.09	1.80
Price to Tangible Book Value (P/TBV)	0.84	1.11	1.83
Price to Revenue (P/Rev)	0.25	0.29	0.52
Price to Earnings (P/E)	257.28	32.15	12.39
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.39%	3.11%	8.07%
Enterprise Value to Invested Capital (EV/IC)	0.71	1.11	2.00
Enterprise Value to Revenue (EV/Rev)	0.16	0.24	0.47
Enterprise Value to EBITDA (EV/EBITDA)	6.00	5.88	4.96
Enterprise Value to EBIT (EV/EBIT)	104.55	12.93	6.63
Enterprise Value to NOPAT (EV/NOPAT)	45.32	16.70	6.83
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	12.20	6.02
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	12.42
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.09	0.23
Long-Term Debt to Equity	0.00	0.09	0.22
Financial Leverage	-0.42	-0.23	-0.19
Leverage Ratio	2.12	2.32	2.27
Compound Leverage Factor	2.51	2.17	2.13
Debt to Total Capital	0.00%	8.12%	18.63%
Short-Term Debt to Total Capital	0.00%	0.00%	0.51%
Long-Term Debt to Total Capital	0.00%	8.12%	18.12%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	91.88%	81.37%
Debt to EBITDA	0.00	0.57	0.71
Net Debt to EBITDA	0.00	-1.14	-0.63
Long-Term Debt to EBITDA	0.00	0.57	0.69
Debt to NOPAT	0.00	1.62	0.98
Net Debt to NOPAT	0.00	-3.23	-0.86
Long-Term Debt to NOPAT	0.00	1.62	0.95
Altman Z-Score	2.35	2.85	3.64
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	1.49	1.63	2.09
Quick Ratio	0.59	0.65	1.03
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-49	-17	31
Operating Cash Flow to CapEx	-138.71%	61.17%	376.30%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.50	1.66	1.64
Accounts Receivable Turnover	7.23	7.15	7.20
Inventory Turnover	4.74	4.25	4.14
Fixed Asset Turnover	9.74	10.86	11.37
Accounts Payable Turnover	8.48	8.38	9.29
Days Sales Outstanding (DSO)	50.45	51.08	50.68
Days Inventory Outstanding (DIO)	77.08	85.93	88.07
Days Payable Outstanding (DPO)	43.04	43.54	39.30
Cash Conversion Cycle (CCC)	84.49	93.46	99.45
Capital & Investment Metrics	-	-	-
Invested Capital	137	165	191
Invested Capital Turnover	5.48	4.98	4.59
Increase / (Decrease) in Invested Capital	51	28	25
Enterprise Value (EV)	98	183	381
Market Capitalization	152	219	429
Book Value per Share	$4.21	$4.42	$5.17
Tangible Book Value per Share	$4.01	$4.32	$5.08
Total Capital	192	219	293
Total Debt	0.00	18	55
Total Long-Term Debt	0.00	18	53
Net Debt	-54	-35	-48
Capital Expenditures (CapEx)	19	25	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	82	107	129
Debt-free Net Working Capital (DFNWC)	104	132	211
Net Working Capital (NWC)	104	132	210
Net Nonoperating Expense (NNE)	1.57	4.17	21
Net Nonoperating Obligations (NNO)	-54	-35	-48
Total Depreciation and Amortization (D&A)	15	17	19
Debt-free, Cash-free Net Working Capital to Revenue	13.40%	14.22%	15.83%
Debt-free Net Working Capital to Revenue	17.00%	17.57%	25.81%
Net Working Capital to Revenue	17.00%	17.57%	25.63%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.01	$0.15	$0.75
Adjusted Weighted Average Basic Shares Outstanding	45.19M	45.40M	45.90M
Adjusted Diluted Earnings per Share	$0.01	$0.15	$0.74
Adjusted Weighted Average Diluted Shares Outstanding	45.33M	45.52M	46.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	45.03M	45.70M	46.30M
Normalized Net Operating Profit after Tax (NOPAT)	2.16	13	56
Normalized NOPAT Margin	0.35%	1.77%	6.82%
Pre Tax Income Margin	0.18%	1.76%	6.61%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	537.84%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Daktronics' official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.79%	13.96%	32.54%	29.38%	35.26%	6.36%	-7.93%	2.87%	-2.77%	4.50%	-12.21%
EBITDA Growth	-125.34%	-23.04%	469.98%	487.71%	1,601.38%	123.05%	81.50%	-29.62%	-84.59%	142.21%	-173.48%
EBIT Growth	-230.76%	-61.61%	188.65%	1,742.58%	562.45%	467.75%	133.11%	-42.98%	-99.00%	232.89%	-236.99%
NOPAT Growth	-191.30%	-708.70%	224.48%	13,370.83%	811.22%	136.39%	38.08%	-76.97%	-1,958.65%	96.14%	-137.16%
Net Income Growth	-244.53%	-646.93%	185.36%	2,015.76%	460.42%	116.67%	189.31%	-88.23%	-125.77%	888.73%	-259.71%
EPS Growth	-250.00%	-680.00%	180.00%	2,500.00%	450.00%	117.24%	12.50%	-62.50%	-126.19%	340.00%	-500.00%
Operating Cash Flow Growth	-2,138.96%	111.67%	173.54%	1,660.22%	184.37%	2,757.58%	-23.88%	-61.44%	1.20%	72.93%	26.81%
Free Cash Flow Firm Growth	-446.16%	-244.91%	52.78%	102.66%	114.77%	77.16%	29.50%	-1,434.08%	-4,925.47%	242.55%	226.33%
Invested Capital Growth	73.83%	41.46%	21.40%	20.60%	10.07%	13.78%	14.53%	15.19%	8.32%	-4.31%	-12.68%
Revenue Q/Q Growth	5.99%	9.03%	-1.31%	13.45%	10.80%	-14.26%	-14.58%	26.76%	4.73%	-7.85%	-28.24%
EBITDA Q/Q Growth	-173.84%	346.23%	82.24%	77.38%	88.63%	-63.42%	48.29%	-31.22%	-58.71%	475.06%	-144.99%
EBIT Q/Q Growth	-668.83%	121.03%	335.36%	133.30%	116.46%	-74.18%	78.75%	-42.94%	-96.19%	8,460.14%	-173.56%
NOPAT Q/Q Growth	-1,630.09%	-386.13%	126.35%	498.75%	-7.28%	-75.13%	0.00%	-0.13%	-7,582.37%	102.62%	-118.95%
Net Income Q/Q Growth	-376.81%	-143.79%	128.60%	476.33%	-10.29%	-88.72%	396.17%	-76.56%	-296.43%	532.79%	-180.15%
EPS Q/Q Growth	-500.00%	-141.67%	127.59%	500.00%	-12.50%	-88.10%	80.00%	100.00%	-161.11%	300.00%	-263.64%
Operating Cash Flow Q/Q Growth	-1,352.26%	103.84%	1,319.73%	96.86%	-21.46%	30.19%	-62.18%	-0.27%	106.10%	122.47%	-72.27%
Free Cash Flow Firm Q/Q Growth	-42.75%	12.21%	64.48%	105.97%	693.71%	-235.81%	-9.63%	-12.89%	-2,770.92%	104.01%	-2.85%
Invested Capital Q/Q Growth	19.98%	-4.67%	1.09%	4.30%	9.51%	-1.46%	1.76%	4.90%	2.98%	-12.94%	-7.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	15.00%	16.91%	22.55%	24.85%	30.60%	27.19%	24.50%	25.65%	26.40%	26.81%	24.60%
EBITDA Margin	-1.30%	2.94%	5.44%	8.50%	14.47%	6.17%	10.72%	5.82%	2.29%	14.31%	-8.97%
Operating Margin	-3.21%	0.81%	3.85%	8.70%	17.29%	9.75%	4.72%	9.00%	10.05%	7.57%	-2.43%
EBIT Margin	-3.64%	0.70%	3.10%	6.38%	12.46%	3.75%	7.85%	3.54%	0.13%	11.96%	-12.26%
Profit (Net Income) Margin	-3.10%	-6.93%	2.01%	10.20%	8.26%	1.09%	6.31%	1.17%	-2.19%	10.28%	-11.48%
Tax Burden Percent	84.19%	-1,230.71%	69.53%	162.26%	68.32%	35.16%	85.04%	35.13%	-2,248.18%	85.00%	96.30%
Interest Burden Percent	100.96%	80.05%	93.06%	98.51%	96.96%	82.28%	94.43%	93.89%	75.60%	101.10%	97.23%
Effective Tax Rate	0.00%	1,330.71%	30.47%	-62.26%	31.68%	64.84%	14.96%	64.87%	2,348.18%	15.00%	0.00%
Return on Invested Capital (ROIC)	-11.06%	-49.46%	13.07%	70.37%	55.68%	16.89%	19.15%	14.53%	-971.32%	30.22%	-7.98%
ROIC Less NNEP Spread (ROIC-NNEP)	-8.73%	-60.45%	16.02%	88.72%	82.43%	32.40%	8.76%	24.83%	-2,208.52%	18.34%	9.40%
Return on Net Nonoperating Assets (RNNOA)	2.85%	17.08%	-3.60%	-20.29%	-12.51%	-4.93%	-1.59%	-4.72%	393.16%	-5.10%	-3.11%
Return on Equity (ROE)	-8.21%	-32.38%	9.47%	50.08%	43.16%	11.96%	17.56%	9.81%	-578.16%	25.12%	-11.09%
Cash Return on Invested Capital (CROIC)	-57.77%	-39.57%	-17.97%	-11.42%	15.91%	31.74%	31.43%	17.22%	6.78%	29.22%	17.47%
Operating Return on Assets (OROA)	-5.35%	1.05%	5.05%	10.59%	20.69%	6.37%	13.39%	5.81%	0.20%	18.46%	-19.16%
Return on Assets (ROA)	-4.55%	-10.39%	3.27%	16.92%	13.71%	1.84%	10.75%	1.92%	-3.34%	15.87%	-17.94%
Return on Common Equity (ROCE)	-8.21%	-32.38%	9.47%	50.08%	43.16%	11.96%	17.56%	9.81%	-578.16%	25.12%	-11.09%
Return on Equity Simple (ROE_SIMPLE)	-4.51%	-13.78%	-8.76%	0.00%	14.17%	20.82%	22.65%	0.00%	4.40%	11.39%	0.67%
Net Operating Profit after Tax (NOPAT)	-3.86	-19	4.95	30	27	6.83	6.83	6.83	-511	13	-2.54
NOPAT Margin	-2.25%	-10.02%	2.68%	14.12%	11.82%	3.43%	4.01%	3.16%	-225.88%	6.43%	-1.70%
Net Nonoperating Expense Percent (NNEP)	-2.33%	10.99%	-2.95%	-18.35%	-26.75%	-15.50%	10.39%	-10.31%	1,237.21%	11.88%	-17.38%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	2.39%	-	-	-	-0.81%
Cost of Revenue to Revenue	85.00%	83.09%	77.45%	75.15%	69.40%	72.81%	75.50%	74.35%	73.60%	73.19%	75.40%
SG&A Expenses to Revenue	13.89%	12.38%	12.31%	12.17%	9.69%	12.81%	14.59%	12.35%	12.10%	14.52%	20.71%
R&D to Revenue	4.33%	3.72%	3.92%	3.97%	3.61%	4.63%	5.19%	4.30%	4.26%	4.72%	6.31%
Operating Expenses to Revenue	18.21%	16.10%	16.23%	18.32%	13.30%	17.44%	19.78%	16.65%	16.36%	19.24%	27.03%
Earnings before Interest and Taxes (EBIT)	-6.27	1.32	5.74	13	29	7.48	13	7.63	0.29	25	-18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.24	5.52	10	18	34	12	18	13	5.18	30	-13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.91	0.88	0.94	1.09	1.45	1.98	1.56	1.80	2.97	2.32	2.95
Price to Tangible Book Value (P/TBV)	0.96	0.93	0.96	1.11	1.48	2.02	1.59	1.83	3.02	2.36	2.99
Price to Revenue (P/Rev)	0.27	0.23	0.24	0.29	0.39	0.54	0.45	0.52	0.87	0.74	1.00
Price to Earnings (P/E)	0.00	0.00	0.00	32.15	10.24	9.53	7.55	12.39	67.42	20.41	440.21
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	3.11%	9.76%	10.49%	13.24%	8.07%	1.48%	4.90%	0.23%
Enterprise Value to Invested Capital (EV/IC)	0.90	0.87	0.93	1.11	1.55	2.23	1.73	2.00	3.39	3.02	4.34
Enterprise Value to Revenue (EV/Rev)	0.23	0.21	0.21	0.24	0.34	0.48	0.39	0.47	0.82	0.63	0.86
Enterprise Value to EBITDA (EV/EBITDA)	28.24	38.14	9.01	5.88	4.19	5.39	3.84	4.96	13.76	7.85	20.17
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	12.93	5.69	7.17	4.98	6.63	23.09	11.17	47.45
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	75.11	16.70	6.37	5.32	4.11	6.83	23.85	11.91	102.69
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	12.20	4.92	4.90	4.02	6.02	10.47	6.32	8.17
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	10.21	7.48	5.89	12.42	51.93	10.11	23.15
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.13	0.15	0.13	0.09	0.19	0.25	0.21	0.23	0.32	0.25	0.16
Long-Term Debt to Equity	0.13	0.15	0.13	0.09	0.19	0.25	0.21	0.22	0.31	0.24	0.15
Financial Leverage	-0.33	-0.28	-0.22	-0.23	-0.15	-0.15	-0.18	-0.19	-0.18	-0.28	-0.33
Leverage Ratio	2.26	2.36	2.33	2.32	2.41	2.46	2.29	2.27	2.31	2.20	2.01
Compound Leverage Factor	2.28	1.89	2.17	2.28	2.33	2.03	2.17	2.13	1.75	2.22	1.96
Debt to Total Capital	11.44%	13.28%	11.65%	8.12%	16.26%	20.22%	17.46%	18.63%	24.18%	20.04%	13.51%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.57%	0.54%	0.52%	0.51%	0.48%	0.46%	0.48%
Long-Term Debt to Total Capital	11.44%	13.28%	11.65%	8.12%	15.69%	19.69%	16.93%	18.12%	23.70%	19.58%	13.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	88.56%	86.72%	88.35%	91.88%	83.74%	79.78%	82.54%	81.37%	75.82%	79.96%	86.49%
Debt to EBITDA	4.60	7.35	1.44	0.57	0.64	0.77	0.61	0.71	1.57	0.99	1.25
Net Debt to EBITDA	-4.21	-4.34	-1.26	-1.14	-0.59	-0.60	-0.66	-0.63	-0.87	-1.37	-3.33
Long-Term Debt to EBITDA	4.60	7.35	1.44	0.57	0.62	0.75	0.59	0.69	1.54	0.97	1.20
Debt to NOPAT	-4.83	-3.78	12.03	1.62	0.97	0.76	0.65	0.98	2.73	1.51	6.34
Net Debt to NOPAT	4.42	2.23	-10.54	-3.23	-0.90	-0.60	-0.71	-0.86	-1.50	-2.08	-16.95
Long-Term Debt to NOPAT	-4.83	-3.78	12.03	1.62	0.94	0.74	0.63	0.95	2.67	1.47	6.12
Altman Z-Score	2.23	2.29	2.56	2.85	3.23	3.39	3.43	3.33	3.65	3.81	4.22
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.53	1.52	1.61	1.63	1.89	2.03	2.21	2.09	2.17	2.35	2.43
Quick Ratio	0.56	0.54	0.60	0.65	0.85	0.95	1.04	1.03	1.16	1.37	1.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-74	-65	-23	1.37	11	-15	-16	-18	-526	21	20
Operating Cash Flow to CapEx	-221.72%	15.90%	230.92%	728.19%	425.89%	538.48%	218.04%	287.73%	386.83%	816.79%	292.15%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.47	1.50	1.63	1.66	1.66	1.70	1.70	1.64	1.53	1.54	1.56
Accounts Receivable Turnover	6.66	6.30	6.65	7.15	6.82	7.20	7.50	7.20	6.30	7.25	8.16
Inventory Turnover	4.37	4.20	4.18	4.25	4.09	3.93	3.89	4.14	4.29	4.62	4.68
Fixed Asset Turnover	9.92	10.14	10.70	10.86	11.28	11.26	11.11	11.37	11.14	11.21	10.95
Accounts Payable Turnover	7.53	7.22	8.65	8.38	8.53	8.66	9.87	9.29	9.26	10.94	12.58
Days Sales Outstanding (DSO)	54.82	57.94	54.90	51.08	53.49	50.72	48.64	50.68	57.93	50.34	44.75
Days Inventory Outstanding (DIO)	83.56	86.95	87.23	85.93	89.16	92.98	93.93	88.07	85.00	79.02	77.97
Days Payable Outstanding (DPO)	48.49	50.53	42.17	43.54	42.79	42.16	36.96	39.30	39.41	33.35	29.01
Cash Conversion Cycle (CCC)	89.89	94.35	99.96	93.46	99.86	101.54	105.61	99.45	103.51	96.01	93.71
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	165	157	159	165	181	179	182	191	196	171	159
Invested Capital Turnover	4.92	4.94	4.88	4.98	4.71	4.93	4.77	4.59	4.30	4.70	4.70
Increase / (Decrease) in Invested Capital	70	46	28	28	17	22	23	25	15	-7.69	-23
Enterprise Value (EV)	148	137	148	183	281	398	315	381	665	516	688
Market Capitalization	170	153	168	219	321	443	369	429	706	606	802
Book Value per Share	$4.15	$3.83	$3.94	$4.42	$4.84	$4.88	$5.12	$5.17	$5.15	$5.59	$5.80
Tangible Book Value per Share	$3.94	$3.63	$3.85	$4.32	$4.74	$4.79	$5.03	$5.08	$5.06	$5.51	$5.72
Total Capital	211	199	203	219	264	280	286	293	314	326	315
Total Debt	24	26	24	18	43	57	50	55	76	65	43
Total Long-Term Debt	24	26	24	18	41	55	48	53	74	64	41
Net Debt	-22	-16	-21	-35	-40	-45	-55	-48	-42	-90	-114
Capital Expenditures (CapEx)	10	5.52	5.39	3.37	4.52	4.65	4.35	3.29	5.04	5.31	4.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	106	111	118	107	129	124	130	129	135	110	101
Debt-free Net Working Capital (DFNWC)	118	119	129	132	184	198	207	211	232	244	233
Net Working Capital (NWC)	118	119	129	132	182	196	205	210	230	243	232
Net Nonoperating Expense (NNE)	1.46	-5.80	1.24	8.23	8.28	4.67	-3.91	4.31	-506	-8.00	15
Net Nonoperating Obligations (NNO)	-22	-16	-21	-35	-40	-45	-55	-48	-42	-90	-114
Total Depreciation and Amortization (D&A)	4.03	4.20	4.32	4.45	4.67	4.83	4.88	4.92	4.89	4.90	4.91
Debt-free, Cash-free Net Working Capital to Revenue	16.68%	16.78%	16.73%	14.22%	15.81%	15.04%	15.96%	15.83%	16.61%	13.39%	12.67%
Debt-free Net Working Capital to Revenue	18.57%	17.94%	18.32%	17.57%	22.55%	23.94%	25.46%	25.81%	28.58%	29.76%	29.19%
Net Working Capital to Revenue	18.57%	17.94%	18.32%	17.57%	22.37%	23.76%	25.28%	25.63%	28.40%	29.58%	29.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.12)	($0.29)	$0.08	$0.48	$0.42	$0.05	$0.23	$0.05	($0.11)	$0.46	($0.36)
Adjusted Weighted Average Basic Shares Outstanding	45.10M	45.32M	45.39M	45.40M	45.65M	46.03M	46.17M	45.90M	46.31M	46.80M	47.76M
Adjusted Diluted Earnings per Share	($0.12)	($0.29)	$0.08	$0.48	$0.42	$0.05	$0.09	$0.18	($0.11)	$0.22	($0.36)
Adjusted Weighted Average Diluted Shares Outstanding	45.10M	45.32M	45.45M	45.52M	46.20M	46.71M	50.84M	46.54M	46.31M	51.72M	47.76M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	45.03M	45.47M	45.47M	45.70M	45.72M	46.18M	46.19M	46.30M	46.65M	46.99M	49.89M
Normalized Net Operating Profit after Tax (NOPAT)	-3.86	1.07	4.95	13	27	14	6.83	14	16	13	-2.54
Normalized NOPAT Margin	-2.25%	0.57%	2.68%	6.09%	11.82%	6.82%	4.01%	6.30%	7.03%	6.43%	-1.70%
Pre Tax Income Margin	-3.68%	0.56%	2.89%	6.28%	12.08%	3.09%	7.42%	3.32%	0.10%	12.09%	-11.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	494.84%

Frequently Asked Questions About Daktronics' Financials

When does Daktronics's fiscal year end?

According to the most recent income statement we have on file, Daktronics' financial year ends in April. Their financial year 2024 ended on April 27, 2024.

How has Daktronics' net income changed over the last 2 years?

Daktronics' net income appears to be on an upward trend, with a most recent value of $34.62 million in 2024, rising from $592 thousand in 2022. The previous period was $6.80 million in 2023.

What is Daktronics's operating income?

Daktronics's total operating income in 2024 was $87.12 million, based on the following breakdown:

Total Gross Profit: $222.44 million
Total Operating Expenses: $135.33 million

How has Daktronics revenue changed over the last 2 years?

Over the last 2 years, Daktronics' total revenue changed from $610.97 million in 2022 to $818.08 million in 2024, a change of 33.9%.

How much debt does Daktronics have?

Daktronics' total liabilities were at $289.09 million at the end of 2024, a 8.2% increase from 2023, and a 16.0% increase since 2022.

How much cash does Daktronics have?

In the past 2 years, Daktronics' cash and equivalents has ranged from $17.14 million in 2022 to $81.30 million in 2024, and is currently $81.30 million as of their latest financial filing in 2024.

How has Daktronics' book value per share changed over the last 2 years?

Over the last 2 years, Daktronics' book value per share changed from 4.21 in 2022 to 5.17 in 2024, a change of 22.7%.

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This page (NASDAQ:DAKT) was last updated on 4/15/2025 by MarketBeat.com Staff

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