DUCOMMUN INC /DE/
DCO · Aircraft Parts & Auxiliary Equipment, NEC · 15.1M shares · +4%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$14M (gross $938K, SBC $15M)
Reference price $151.99 · est. market cap ~$2.3B — last insider sale, 2026-05-28 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50Ducommun is a sub-scale aerospace/defense parts maker posting a loss year with negative cash flow and heavy Boeing dependence.
Strengths
- Strong current (3.5x) and quick (2.5x) ratios provide near-term liquidity cushion
- Diversified A&D platform exposure and defense budget tailwinds
Risks
- Negative net margin (-4.5%), operating margin (-4.3%) and ROA (-12.5th pct) with negative FCF; cash runway ~3.7 quarters
- Heavy Boeing/737 MAX concentration, leverage covenants and tariff/shutdown exposure
Notable findings
- RestatementRecent 8-K item 4.02 8-K ↗
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -4.5%)
- Cash burnNegative free cash flow (-48.6M)
- China exposure• exports of certain of our products and our production facility in Guaymas, Mexico are subject to various export control regulations and authorizations for proposed sales to certain foreign customers
- Insider sellingInsider selling — 7 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$6M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
26.9%
Operating margin
-4.3%
Net margin
-4.5%
Return on equity
-5.6%
Return on assets
-3.1%
ROIC
-2.9%
Revenue growth (QoQ)
8.6%
Debt / equity
0.5×
Current ratio
3.5×
Free cash flow
-$49M
EBITDA
-$2M
Tangible book value
$284M
Cash & investments
$45M
Cash runway
4q
Stock comp / revenue
3.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | Oswald Stephen G | Gift | 1.9K | — |
| 2026-05-28 | Oswald Stephen G | Gift | 2.0K | — |
| 2026-05-28 | Gonzalez Laureen S. | Sell | 589 | $151.99 |
| 2026-05-27 | Caylor Mark A | Grant | 1.2K | — |
| 2026-05-27 | Strycker Samara A | Grant | 1.2K | — |
| 2026-05-27 | Kramer Sheila G. | Grant | 1.2K | — |
| 2026-05-27 | Carter David B. | Grant | 1.2K | — |
| 2026-05-27 | Korte Daniel G. | Grant | 1.2K | — |
| 2026-05-27 | BOEHLE DANIEL L. | Grant | 1.2K | — |
| 2026-05-27 | Drazba Shirley | Grant | 1.2K | — |
| 2026-05-20 | Oswald Stephen G | Gift | 3.7K | — |
| 2026-05-20 | Tata Rajiv A. | Sell | 1.6K | $145.00 |
| 2026-05-20 | Mookerji Suman B. | Sell | 1.5K | $145.00 |
| 2026-05-20 | Oswald Stephen G | Disposition | 16K | $143.20 |
| 2026-05-15 | Mookerji Suman B. | Option exercise | 7.5K | $40.44 |
| 2026-05-15 | Mookerji Suman B. | Tax withheld | 4.8K | $151.59 |
| 2026-05-15 | Mookerji Suman B. | Tax withheld | 4.7K | $151.59 |
| 2026-05-15 | Mookerji Suman B. | Option exercise | 7.5K | $40.44 |
| 2026-05-14 | Tata Rajiv A. | Disposition | 558 | — |
| 2026-05-14 | Mookerji Suman B. | Tax withheld | 1.2K | $15,159.00 |
| 2026-05-14 | Mookerji Suman B. | Disposition | 1.3K | — |
| 2026-05-14 | Tata Rajiv A. | Tax withheld | 549 | $151.59 |
| 2026-05-14 | Gonzalez Laureen S. | Tax withheld | 321 | $151.59 |
| 2026-05-14 | Gonzalez Laureen S. | Disposition | 326 | — |
| 2026-05-14 | Mookerji Suman B. | Tax withheld | 1.2K | $151.59 |
| 2026-05-14 | Mookerji Suman B. | Disposition | 1.3K | — |
| 2026-05-14 | Redondo Jerry L | Tax withheld | 898 | $151.59 |
| 2026-05-14 | Redondo Jerry L | Disposition | 912 | — |
| 2026-05-14 | Redondo Jerry L | Sell | 5.7K | $154.36 |
| 2026-05-14 | Oswald Stephen G | Tax withheld | 2.2K | $151.59 |
| 2026-05-14 | Oswald Stephen G | Disposition | 2.2K | — |
| 2026-05-08 | Oswald Stephen G | Disposition | 2.6K | — |
| 2026-05-08 | Tata Rajiv A. | Tax withheld | 616 | $137.23 |
| 2026-05-08 | Tata Rajiv A. | Disposition | 625 | — |
| 2026-05-08 | Gonzalez Laureen S. | Tax withheld | 312 | $137.23 |
| 2026-05-08 | Gonzalez Laureen S. | Disposition | 317 | — |
| 2026-05-08 | Redondo Jerry L | Tax withheld | 748 | $137.23 |
| 2026-05-08 | Redondo Jerry L | Disposition | 759 | — |
| 2026-05-08 | Mookerji Suman B. | Tax withheld | 1.2K | $137.23 |
| 2026-05-08 | Mookerji Suman B. | Disposition | 1.2K | — |
| 2026-05-08 | Oswald Stephen G | Tax withheld | 2.5K | $137.23 |
| 2026-03-10 | BALDRIDGE RICHARD A | Sell | 10K | $130.83 |
| 2026-03-10 | Mookerji Suman B. | Sell | 7.8K | $131.90 |
| 2026-03-05 | Tata Rajiv A. | Tax withheld | 615 | $130.19 |
| 2026-03-05 | Tata Rajiv A. | Option exercise | 5.8K | $42.25 |
| 2026-03-05 | Gonzalez Laureen S. | Tax withheld | 360 | $130.19 |
| 2026-03-05 | Oswald Stephen G | Tax withheld | 2.4K | $130.19 |
| 2026-03-05 | Redondo Jerry L | Tax withheld | 986 | $130.19 |
| 2026-03-05 | Tata Rajiv A. | Tax withheld | 1.7K | $139.45 |
| 2026-03-05 | Mookerji Suman B. | Tax withheld | 1.4K | $130.19 |
| 2026-03-05 | Mookerji Suman B. | Option exercise | 4.7K | $42.25 |
| 2026-03-05 | Mookerji Suman B. | Tax withheld | 3.2K | $139.45 |
| 2026-03-05 | Tata Rajiv A. | Tax withheld | 1.2K | $139.45 |
| 2026-03-05 | Tata Rajiv A. | Option exercise | 1.8K | $32.90 |
| 2026-03-05 | Tata Rajiv A. | Option exercise | 2.5K | $40.44 |
| 2026-03-05 | Tata Rajiv A. | Tax withheld | 4.0K | $139.45 |
| 2026-03-04 | Mookerji Suman B. | Grant | 14K | — |
| 2026-03-04 | Mookerji Suman B. | Tax withheld | 7.7K | $139.45 |
| 2026-03-04 | Mookerji Suman B. | Grant | 3.4K | — |
| 2026-03-04 | Mookerji Suman B. | Sell | 15K | $134.21 |
| 2026-03-04 | Gonzalez Laureen S. | Grant | 3.9K | — |
| 2026-03-04 | Gonzalez Laureen S. | Tax withheld | 2.1K | $139.45 |
| 2026-03-04 | Gonzalez Laureen S. | Grant | 871 | — |
| 2026-03-04 | Tata Rajiv A. | Grant | 7.6K | — |
| 2026-03-04 | Tata Rajiv A. | Tax withheld | 4.1K | $139.45 |
| 2026-03-04 | Tata Rajiv A. | Grant | 1.5K | — |
| 2026-03-04 | Oswald Stephen G | Grant | 76K | — |
| 2026-03-04 | Oswald Stephen G | Tax withheld | 41K | $139.45 |
| 2026-03-04 | Oswald Stephen G | Grant | 24K | — |
| 2026-03-04 | Oswald Stephen G | Tax withheld | 13K | $139.45 |
| 2026-03-04 | Redondo Jerry L | Grant | 9.3K | — |
| 2026-03-04 | Redondo Jerry L | Tax withheld | 5.0K | $139.45 |
| 2026-03-04 | Redondo Jerry L | Grant | 2.4K | — |
| 2025-12-11 | Oswald Stephen G | Gift | 1.2K | — |
| 2025-12-10 | Redondo Jerry L | Sell | 2.0K | $92.86 |
| 2025-11-14 | Oswald Stephen G | Gift | 3.4K | — |
| 2025-11-10 | Redondo Jerry L | Sell | 1.6K | $93.83 |
| 2025-08-29 | Mookerji Suman B. | Tax withheld | 359 | $91.22 |
| 2025-06-20 | Mookerji Suman B. | Tax withheld | 838 | $80.57 |
| 2025-06-20 | Redondo Jerry L | Tax withheld | 893 | $80.57 |
| 2025-06-20 | Tata Rajiv A. | Tax withheld | 735 | $80.57 |
| 2025-06-13 | Oswald Stephen G | Gift | 1.0K | — |
| 2025-06-10 | Oswald Stephen G | Gift | 1.5K | — |
| 2025-05-29 | Oswald Stephen G | Gift | 2.0K | — |
| 2025-05-27 | Oswald Stephen G | Gift | 2.0K | — |
| 2025-05-14 | Mookerji Suman B. | Tax withheld | 1.3K | $66.25 |
| 2025-05-14 | Oswald Stephen G | Tax withheld | 2.4K | $66.25 |
| 2025-05-14 | Gonzalez Laureen S. | Tax withheld | 348 | $66.25 |
| 2025-05-14 | Tata Rajiv A. | Tax withheld | 595 | $66.25 |
| 2025-05-14 | Redondo Jerry L | Tax withheld | 973 | $66.25 |
| 2025-05-08 | Oswald Stephen G | Tax withheld | 2.8K | $66.72 |
| 2025-05-08 | Korte Daniel G. | Grant | 2.3K | — |
| 2025-05-08 | BOEHLE DANIEL L. | Grant | 2.3K | — |
| 2025-05-08 | Gonzalez Laureen S. | Tax withheld | 339 | $66.72 |
| 2025-05-08 | Tata Rajiv A. | Tax withheld | 667 | $66.72 |
| 2025-05-08 | Redondo Jerry L | Tax withheld | 810 | $66.72 |
| 2025-05-08 | Mookerji Suman B. | Tax withheld | 1.3K | $66.72 |
| 2025-05-08 | Strycker Samara A | Grant | 2.3K | — |
| 2025-05-08 | Drazba Shirley | Grant | 2.3K | — |
| 2025-05-08 | Carter David B. | Grant | 2.3K | — |
| 2025-05-08 | BALDRIDGE RICHARD A | Grant | 2.3K | — |
| 2025-05-08 | Kramer Sheila G. | Grant | 2.3K | — |
| 2025-04-22 | Gonzalez Laureen S. | Tax withheld | 359 | $54.93 |
| 2025-03-05 | Gonzalez Laureen S. | Grant | 4.2K | — |
| 2025-03-05 | Gonzalez Laureen S. | Tax withheld | 2.3K | $57.65 |
| 2025-03-05 | Gonzalez Laureen S. | Grant | 2.0K | — |
| 2025-03-05 | Tata Rajiv A. | Grant | 3.4K | — |
| 2025-03-05 | Tata Rajiv A. | Tax withheld | 1.8K | $57.65 |
| 2025-03-05 | Tata Rajiv A. | Grant | 3.4K | — |
| 2025-03-05 | Redondo Jerry L | Grant | 4.1K | — |
| 2025-03-05 | Redondo Jerry L | Tax withheld | 2.2K | $57.65 |
| 2025-03-05 | Redondo Jerry L | Grant | 5.5K | — |
| 2025-03-05 | Mookerji Suman B. | Grant | 3.8K | — |
| 2025-03-05 | Mookerji Suman B. | Tax withheld | 2.1K | $57.65 |
| 2025-03-05 | Mookerji Suman B. | Grant | 7.6K | — |
| 2025-03-05 | Mookerji Suman B. | Grant | 4.0K | $57.09 |
| 2025-03-05 | Oswald Stephen G | Grant | 13K | — |
| 2025-03-05 | Oswald Stephen G | Grant | 64K | — |
| 2025-03-05 | Oswald Stephen G | Tax withheld | 34K | $57.65 |
| 2025-03-05 | Oswald Stephen G | Tax withheld | 8.4K | $57.65 |
| 2025-03-05 | Oswald Stephen G | Grant | 16K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-12 | ResultsExhibits | filing ↗ |
| 2026-05-04 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-01 | Non-reliance/restatement | filing ↗ |
| 2026-04-30 | Shareholder voteExhibits | filing ↗ |
| 2026-02-26 | ResultsExhibits | filing ↗ |
| 2026-01-09 | Reg FD | filing ↗ |
| 2025-12-01 | Material agreementDebt obligationOtherExhibits | filing ↗ |
| 2025-11-06 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-12 | 2026-05-12 | 0001628280-26-033833 ↗ |
| 10-Q | 2026-05-12 | 2026-04-04 | 0001628280-26-033836 ↗ |
| 10-K/A | 2026-05-08 | 2025-12-31 | 0001628280-26-032536 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001193125-26-204253 ↗ |
| 8-K | 2026-05-01 | 2026-05-01 | 0001193125-26-201719 ↗ |
| 8-K | 2026-04-30 | 2026-04-29 | 0001193125-26-197612 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001628280-26-011952 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001628280-26-011949 ↗ |
| 8-K | 2026-01-09 | 2026-01-07 | 0001193125-26-009036 ↗ |
| 8-K | 2025-12-01 | 2025-11-24 | 0001193125-25-303948 ↗ |
| 10-Q | 2025-11-06 | 2025-09-27 | 0001628280-25-049803 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001628280-25-049826 ↗ |