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IES Holdings, Inc. IESC R2K

Industrials · Engineering & Construction · United States
https://www.ies-co.com

IES Holdings, Inc. designs and installs integrated electrical and technology systems and provides infrastructure products and services in the United States. The Communications segment designs, builds, and maintains communications infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities. It also designs and installs audio/visual, telephone, fire, and wireless access and intrusion alarm systems; and engages in designing/building, servicing, and maintaining data network systems. The Residential segment offers electrical installations to single-family housing and multi-family apartments; heating, ventilation and air conditioning and plumbing installation services; and cable television installations to residential and light commercial applications, as well as installs residential solar power for new construction and existing residences. The Infrastructure Solutions segment maintains and repairs alternating and direct current electric motors and generators, and power generating and distribution equipment; manufactures custom-engineered metal enclosed bus duct solutions used in power distribution; manufactures custom commercial and industrial generator enclosures; manufactures, re-manufactures, and repairs industrial lifting magnets; and maintains and repairs railroad main and auxiliary generators, main alternators, and traction motors. The Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, wind farms, solar facilities, municipal infrastructures, and health care facilities. The company was formerly known as Integrated Electrical Services, Inc. and changed its name to IES Holdings, Inc. in May 2016. IES Holdings, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.

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$678.35
+161.25% 1Y

Market & Price

Market Cap
$13.52B
Current Price
$678.35
High / Low (52W)
$698.96 / $259.66
Beta
1.81

Valuation

Stock P/E
36.24
Industry PE
28.38
Forward P/E
-
PEG Ratio
-
Book Value
$53.84
Price to Book
12.60
P/S
3.72
EV/EBITDA
27.85
Dividend Yield
-

Profitability & Returns

ROCE
41.07%
ROE
42.07%
ROA
15.90%
Profit Margin
10.47%
Op Margin
11.53%
EPS (Latest Qtr)
$5.44
EPS (TTM)
$18.72

Balance Sheet & Liquidity

Debt/Equity
0.10
Quick Ratio
1.36
Current Ratio
1.55
Debt
$107.38M
Total Assets
$1.60B
Current Assets
$1.09B
Working Capital
$452.05M

Ownership

Promoter Holding
3.11%
Chg in Prom Hold
-
FII / Inst Holding
97.06%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$13.36B
Total Revenue (TTM)
$3.63B
EBITDA
$479.92M
Free Cash Flow
$271.94M
Operating Cash Flow
$354.98M
Shares Outstanding
19.92M
Gross Margin
26.08%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
15.88%
Profit 5Y
106.47%
Revenue (YoY)
16.80%
Earnings (YoY)
55.40%

PROS

  • Strong return on equity of 42.1%.
  • Healthy ROCE of 41.1%.
  • Compounding revenue at 15.9% over 5 years.
  • Profit CAGR of 106.5% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 IESC IES Holdings, Inc. R2K 678.35 36.24 $13.52B - 41.07% 42.07% 15.88% 106.47%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Dec 2021Mar 2022Jun 2022Dec 2022Mar 2023Jun 2023Dec 2023Mar 2024Jun 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 144.08M159.69M150.77M159.98M179.60M205.65M192.18M203.66M208.32M206.58M198.30M205.68M232.58M240.28M243.84M256.91M282.63M293.61M276.04M291.28M293.12M330.41M314.84M331.96M405.87M480.51M501.59M567.30M574.87M568.88M584.45M634.44M705.73M768.41M-833.96M890.16M897.80M870.96M974.28M
Cost of Revenue -----------------------------------625.09M650.56M664.80M650.94M719.50M
Gross Profit 25.05M30.43M27.63M27.81M34.00M37.54M35.18M31.81M35.40M38.10M33.06M33.84M42.54M40.52M41.60M43.23M46.40M50.87M50.22M51.26M58.32M68.16M58.68M64.87M72.83M79.73M58.51M82.80M95.44M100.93M107.61M143.80M171.61M194.78M-208.87M239.60M233.00M220.01M254.79M
Operating Expenses -----------------------------------116.04M127.33M128.56M121.81M142.44M
Operating Income 4.55M-5.12M2.50M8.18M-7.00M1.62M4.71M-2.99M4.14M10.09M-9.48M8.22M10.23M-12.38M9.23M14.06M-15.90M17.13M22.45M20.26M-4.92M15.64M40.66M31.61M34.32M57.99M77.71M90.18M-92.83M112.26M104.44M98.20M112.34M
EBITDA -----------------------------------110.79M120.80M121.37M128.94M166.10M
Interest Expense -----------------------------------164.00K388.00K344.00K313.00K1.38M
Pretax Income -----------------------------------98.68M108.75M108.79M115.95M148.63M
Tax Provision -----------------------------------26.09M29.46M21.27M28.41M38.32M
Net Income 3.96M7.48M5.80M2.19M10.80M101.98M3.87M536.00K5.87M3.15M-29.57M2.22M8.52M4.67M6.88M5.49M10.97M9.86M8.50M6.23M12.26M14.61M12.10M12.84M19.30M14.46M-5.41M9.46M26.40M21.55M22.55M40.96M---70.65M77.23M101.79M91.44M109.91M
Diluted EPS 0.190.350.270.100.504.740.180.020.270.14-1.390.110.400.220.320.260.520.460.390.290.580.680.580.580.920.69-0.300.331.140.920.811.872.292.67-3.503.814.994.515.44

Profit & Loss (Annual)

Figures in USD.

Metric Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Revenue 666.00M382.43M406.14K456.12M494.59M512.39M573.86M695.99M810.74M876.83M1.08B1.19B-2.17B2.38B2.88B3.37B
Cost of Revenue -------------1.85B1.93B2.19B2.51B
Gross Profit 109.53M55.49M44.38K58.05M66.96M83.13M99.89M126.98M140.50M149.96M182.10M227.96M-318.93M444.54M696.59M859.50M
Operating Expenses -------------262.71M298.62M396.68M474.98M
Operating Income -5.74M-19.39M-17.19K-389.00K426.00K7.64M18.49M24.96M20.34M25.95M41.85M50.08M-56.22M145.91M299.91M384.52M
EBITDA -------------81.24M190.71M342.82M442.17M
Interest Expense -------------2.77M2.75M1.05M1.34M
Pretax Income -------------53.00M158.55M304.67M393.88M
Tax Provision -------------12.81M38.76M72.17M96.81M
Net Income -11.82M-31.16M-37.82K-11.80M-3.57M5.32M16.54M120.78M13.42M-14.16M33.21M41.60M-34.76M108.29M219.12M305.98M
Diluted EPS -0.82-2.16-2.61-0.78-0.230.290.775.620.62-0.671.551.94-1.444.549.8915.02

Compounded Sales Growth

5 Years:15.88%
1 Year:16.80%

Compounded Profit Growth

5 Years:106.47%
1 Year:55.40%

Stock Price Performance

1 Year:+161.25%
6 Months:+66.47%
3 Months:+36.94%
1 Month:+18.59%

Balance Sheet (Annual)

Figures in USD.

Metric Sep 2008Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Assets --207.86M180.24K164.71M179.25M199.95M225.68M394.34M424.49M421.99M445.26M560.53M-934.71M981.60M1.24B1.60B
Current Assets --------------624.40M671.30M871.69M1.09B
Cash & Equivalents 64.71M64.17M32.92M35.58M18.73M20.76M47.34M49.36M32.96M28.29M26.25M---24.85M75.77M100.83M127.17M
Inventory --------------96.33M95.66M101.73M111.54M
Receivables --------------435.79M440.77M559.63M652.09M
Total Liabilities --103.52M115.94M111.56K116.77M113.14M124.27M169.14M184.52M198.35M195.72M275.41M-544.23M481.66M591.92M707.70M
Current Liabilities --85.72M98.77M104.38K98.56M95.88M108.08M133.05M150.63M164.42M193.47M242.45M-401.89M400.57M522.55M633.43M
Long Term Debt --10.45M10.29M2410.21M10.21M9.20M29.26M29.43M29.56M299.00K217.00K39.75M81.63M---
Total Debt --------------137.09M61.59M62.43M88.09M
Total Equity --101.58M64.30M53.16K62.49M87.97M101.41M223.41M236.70M220.41M246.25M283.31M-361.29M449.99M611.11M883.96M
Shares Outstanding --------------22.05M22.05M22.05M22.05M

Cash Flows (Annual)

Figures in USD.

Metric Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Operating Cash Flow 11.31M-13.17M-11.85K-7.37M1.95M12.60M11.51M24.97M22.35M12.22M38.72M76.74M-16.26M153.90M234.40M286.10M
Investing Cash Flow -5.89M-203.00K15.34K-1.88M-4.77M-1.98M-5.89M-60.74M-24.53M-11.86M-5.75M-33.59M--29.54M2.77M-108.85M-163.69M
Financing Cash Flow -5.95M-17.88M-838-7.60M4.84M15.97M-3.60M19.63M-2.75M-2.41M-40.29M-8.51M-15.02M-105.75M-100.50M-96.07M
Capital Expenditure -4.74M-924.00K-2.69K-1.88M-444.00K-1.98M-2.78M-3.42M-4.59M-4.56M----29.25M-17.67M-45.16M-67.25M
Free Cash Flow 6.57M-14.09M-14.54K-9.25M1.51M10.62M8.73M21.55M17.76M7.66M----12.99M136.24M189.25M218.84M
Net Change in Cash -------------1.74M50.92M25.06M26.34M
Share Buybacks 4.32M172.00K72.00K181.00K436.00K179.00K3.62M590.00K2.37M2.06M9.80M7.70M7.01M18.56M8.28M44.03M41.64M

Ratios (Annual)

Figures in %.

Metric Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Gross Margin % 16.4%14.5%10.9%12.7%13.5%16.2%17.4%18.2%17.3%17.1%16.9%19.1%-14.7%18.7%24.2%25.5%
Operating Margin % -0.9%-5.1%-4.2%-0.1%0.1%1.5%3.2%3.6%2.5%3.0%3.9%4.2%-2.6%6.1%10.4%11.4%
Net Margin % -1.8%-8.1%-9.3%-2.6%-0.7%1.0%2.9%17.4%1.7%-1.6%3.1%3.5%-1.6%4.6%7.6%9.1%
ROE % --30.7%-0.1%-22,202.2%-5.7%6.1%16.3%54.1%5.7%-6.4%13.5%14.7%-9.6%24.1%35.9%34.6%
ROCE % --15.9%0.0%-0.2%0.5%7.3%15.7%9.6%7.4%10.1%16.6%15.7%-10.6%25.1%41.6%40.0%

Shareholding Pattern

Insiders
3.11%
Institutions
97.06%
Public Float
100.17%

Top Institutional Holders

#Holder% HeldSharesValue
1 Gendell, Jeffrey L. 51.90% 10.34M $7.01B
2 FMR, LLC 11.90% 2.37M $1.61B
3 Blackrock Inc. 3.56% 709.57K $481.34M
4 Dimensional Fund Advisors LP 2.30% 457.95K $310.65M
5 Vanguard Capital Management LLC 2.00% 398.93K $270.61M
6 Vanguard Portfolio Management LLC 1.97% 392.57K $266.30M
7 First Trust Advisors LP 1.75% 349.16K $236.85M
8 Geode Capital Management, LLC 1.48% 295.84K $200.68M
9 Pertento Partners LLP 1.16% 231.24K $156.86M
10 State Street Corporation 1.04% 207.54K $140.79M

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