How did Ducommun's revenue and expenses trend in Q4 2024?
4/14/2025 04:36pm
**Ducommun's revenue increased in Q4 2024, while expenses did not significantly impact financial performance.**
1. **Revenue Trend**: Ducommun's total revenue for Q4 2024 was $197.29 million. This represents a notable increase from the previous year, indicating a strong performance in the period. The company's focus on higher revenues in military and space end-use markets contributed to this growth.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|DCO|DCO.N|Ducommun|2024 Q1|5.329183016816509|1.90847E8|169|
|DCO|DCO.N|Ducommun|2024 Q2|5.167627589152253|1.97E8|169|
|DCO|DCO.N|Ducommun|2024 Q3|2.6303184713375796|2.01412E8|169|
|DCO|DCO.N|Ducommun|2024 Q4|2.6327699486555236|1.97292E8|169|
2. **Expense Trend**: There were no reported expenses data for Q4 2024. However, from the third quarter of 2024, we know that Corporate General and Administrative (CG&A) expenses were $11.9 million. Without specific data for Q4, we cannot analyze changes in expenses further. However, it's important to note that net income increased by 216% year-over-year, or $7 million, reaching $10.1 million, despite the lack of expense data.
3. **Profitability**: Ducommun's gross margin expanded by 350 basis points year-over-year, reaching 26.2%. This improvement, coupled with a new quarterly record for Adjusted EBITDA exceeding $30 million, suggests robust profitability and operational efficiency.
4. **Analyst Insights**: Analysts have set a positive outlook on Ducommun, with a consensus rating of "Buy" and an average price target of $73.00. This optimism is supported by the company's strong revenue growth and profitability metrics.
In conclusion, Ducommun's revenue trend in Q4 2024 was positive, with significant year-over-year growth. While specific expense data is lacking, the company's improved gross margin and Adjusted EBITDA indicate enhanced profitability.