IES Holdings, Inc. IESC

324.13 3.63 1.13% as of 25 Sep
Market cap
$12.8B
P/E
28.4×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 255.79
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — 8 — 3 1 — 6 2 — — —
Insider Ownership 1.07%

Capital & Financial Ratios

Market Cap 12,770.00
Revenue 3,985.74
Net Income 457.91
Free Cash Flow 229.16
Net Debt (387.86)
Current Ratio 1.63
Debt/Equity 0.00
P/E ratio 28.41
P/S ratio 3.24
P/B ratio 10.51
Past 5Y EPS Growth 44.73%
This Y EPS Growth 69.40%
Next Y EPS Growth 16.77%
Next 5Y EPS Growth 32.34%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 76 136 232 388
Receivables 441 560 652 862
Inventory 96 102 112 134
Other 49 60 69 120
671 872 1,085 1,535
2023 2024 2025 Q'26
Payables 297 364 457 584
ST’ Debt 24 — — —
Other 104 159 177 358
401 523 633 942
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 19.37% 23.14% 15.88%
Cash Flow 37.90% 30.11% 160.08%
Earnings 33.75% 49.32% 116.06%
Book Value 24.17% 25.55% 34.75%

Revenue

Dec Mar Jun Sep Year
’26 871 974 1,243 — —
’25 750 834 890 898 3,371
’24 634 706 768 776 2,884
’23 575 569 584 649 2,377
’22 481 502 567 617 2,167
’21 315 332 406 484 1,536
’20 276 291 293 330 1,191
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Dec Mar Jun Sep Year
’26 28 103 108 — —
’25 37 25 92 132 286
’24 25 34 83 93 234
’23 14 46 37 57 154
’22 (24) 22 (15) 34 16
’21 20 28 (13) 3 38
’20 11 22 23 21 77
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Dec Mar Jun Sep Year
’26 (19) 72 64 — —
’25 24 8 75 112 220
’24 19 29 63 82 193
’23 31 42 33 51 157
’22 (37) 12 (20) 31 (13)
’21 19 26 (15) 1 31
’20 10 20 22 20 72
in millions of $ · fiscal quarters ending in the months shown

EPS

Dec Mar Jun Sep Year
’26 2.26 2.72 3.79 — —
’25 1.36 1.75 1.91 2.50 7.51
’24 0.94 1.15 1.34 1.53 4.95
’23 0.57 0.46 0.41 0.83 2.27
’22 0.35 (0.15) 0.26 0.36 0.72
’21 0.29 0.29 0.46 0.54 1.58
’20 0.20 0.15 0.29 0.34 0.97
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
4.90 7.03 7.31 7.61 6.87 20.89 12.47 17.50 38.13 73.26

Analyst estimates 2026–2028

Powerpack
Low Price
11.50 10.98 10.12 13.60 24.93 28.12 27.33 43.22 160.04 241.18
High Price
4,063 3,532 4,564 5,389 5,243 6,845 8,078 8,427 9,485 10,283
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
696 811 877 1,077 1,191 1,536 2,167 2,377 2,884 3,371
Revenue
18.24% 17.33% 17.10% 16.91% 19.14% 18.74% 14.72% 18.70% 24.15% 25.49%
Gross Margin
24 19 24 40 49 85 53 159 305 394
EBT
3.41% 2.32% 2.78% 3.73% 4.14% 5.53% 2.45% 6.67% 10.56% 11.68%
EBT Margin
121 14 (14) 33 41 69 40 120 233 312
Net Income
6 10 9 10 20 22 26 30 37 47
Depreciation
16.35 19.05 20.68 25.54 28.63 36.95 52.42 58.85 71.54 84.64
Revenue/Sh
2.82 0.31 (0.33) 0.78 0.98 1.60 0.73 2.29 5.01 7.61
Earnings/Sh
0.59 0.53 0.29 0.92 1.85 0.91 0.39 3.81 5.81 7.18
Cash Flow/Sh
(0.03) (0.10) (0.11) (0.14) (0.11) (0.17) (0.70) 0.07 (1.03) (1.67)
Capex/Sh
0.56 0.42 0.18 0.78 1.73 0.74 (0.31) 3.88 4.79 5.51
Free CF/Sh
5.25 5.56 5.20 5.84 6.81 8.32 8.74 11.14 15.16 22.19
Book Value/Sh
43 43 42 42 42 42 41 40 40 40
Shares
3.17 28.87 0.00 13.12 16.13 14.37 16.60 14.20 19.92 26.13
PE Ratio
0.54 0.47 0.46 0.40 0.56 0.62 0.26 0.55 1.40 2.35
PS Ratio
1.70 1.61 1.85 1.76 2.33 2.75 1.58 2.92 6.59 8.96
PB Ratio
0.54 0.47 0.47 0.39 0.52 0.64 0.30 0.55 1.37 2.29
EV/Sales
15.76 21.19 52.81 12.62 8.58 31.86 (50.70) 8.36 20.54 35.20
EV/FCF
25 22 12 39 77 38 16 154 234 286
Op' Cash Flow
(1) (4) (4) (6) (5) (7) (29) 3 (41) (66)
Capex
24 18 8 33 72 31 (13) 157 193 220
FCF
77 81 98 103 129 173 223 271 349 452
Working Cap'
29 29 30 0 11 55 102 74 — —
Total Debt
(4) 1 3 (19) (42) 32 77 (2) (136) (232)
Net Debt
223 237 220 246 283 346 361 450 611 884
Sh' Equity
38.62% 3.24% (3.33%) 7.60% 8.12% 9.99% 3.53% 9.66% 18.15% 21.34%
ROA
7.11% 5.35% 7.25% 11.49% 12.99% 14.17% 7.99% 22.28% 39.57% 36.75%
ROIC
73.72% 5.77% (6.17%) 14.12% 15.42% 21.07% 8.50% 22.82% 38.07% 40.54%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

IES Holdings, Inc. peers in Engineering & Construction

Company Market cap P/E Compare
J Jacobs Solutions Inc. $15.8B 48.7× Compare
STRL Sterling Infrastructure, Inc. $16.1B 36.4× Compare
APG APi Group Corporation $16.5B 0.0× Compare
MTZ MasTec, Inc. $17.2B 33.5× Compare
Company Market cap P/E Compare
TTEK Tetra Tech, Inc. $8.6B 20.3× Compare
DY Dycom Industries, Inc. $8.2B 24.4× Compare
ACM AECOM $7.7B 27.6× Compare
ACA Arcosa, Inc. $7.2B 14.7× Compare

All 51 Engineering & Construction stocks →

IES Holdings, Inc. (IESC) key facts

  • IES Holdings, Inc. (IESC) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
  • IES Holdings, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $3.4 billion, up 16.9% from fiscal 2024.
  • Net income was $311.8 million, or $7.61 per share (basic), a net margin of 8.99%.
  • As of September 25, 2026, IESC traded at $324.13, a market capitalization of $12.8 billion.
  • At that price the stock trades at 28.4× trailing-twelve-month earnings and 3.2× sales.
  • Return on equity was 40.5% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

IES Holdings, Inc. (IESC) Latest News

News by impact score

Fine-tune

27 Aug

4

IES Holdings plans $650 million acquisition of DBM Global to capitalize on data center boom. Major acquisition targets expanding data center sector and alters company trajectory.

31 Jul

4

IES Holdings shares surged 31% after earnings on its data center construction work as AI investment trends split market participants. Positive earnings reaction tied to data center demand signals major revenue growth potential in the AI infrastructure buildout.

3

IES Holdings reported fiscal 2026 third quarter results and announced a two-for-one stock split. Quarterly results release plus stock split announcement may moderately shift short-term investor sentiment and liquidity.

9 Jul

3

IES Holdings shares spiked after Goldman Sachs initiated coverage with a Buy rating on the data center builder. Goldman Sachs Buy rating initiation may lift near-term investor sentiment and stock performance for the data center builder without shifting core operations or long-term trajectory.

24 Jun

4

IES Holdings (IESC) spinoff from Dow Jones component joins S&P 500, triggering immediate share price jump. S&P 500 inclusion drives major institutional inflows and sustained valuation uplift for the company.

11 May

3

IES Holdings (NASDAQ:IESC) reported impressive earnings, but they may not tell the whole story. Impressive earnings provide moderate positive influence tempered by undisclosed concerns affecting future performance.

9 May

4

A subsidiary of IES Holdings, Inc. (IESC) agreed to acquire the assets of Broadwind's Texas facility, enhancing its infrastructure and manufacturing presence. Subsidiary acquisition of Broadwind's Texas facility assets enables strategic expansion into key manufacturing capabilities, significantly impacting growth and competitive positioning.

7 May

4

IES Holdings (IESC) stock surged 17.8% after Q2 earnings beat driven by data center demand, prompting evaluation of whether the bull case has strengthened. Q2 earnings beat powered by data centers triggered 17.8% stock rise, indicating major boost to future performance in booming sector.

4

IES Holdings (IESC) FQ2 revenue grew 17% driven by strong data center demand. 17% FQ2 revenue growth from data center demand highlights expansion in a high-growth sector, significantly enhancing future performance and investor sentiment.

6 May

4

IES Holdings (IESC) delivered strong Q2 2026 results and acquired Gulf Island Fabrication, leading to a valuation analysis highlighting improved financials and strategic expansion in fabrication services. Strong Q2 earnings and Gulf Island Fabrication acquisition drive significant strategic growth and positive valuation shift.

1 May

4

IES Holdings, Inc. reported fiscal 2026 second quarter results. Quarterly financial results significantly impact stock performance and investor sentiment.

31 Jan

4

IES Holdings, Inc. is linked to the Gulf Island deal, raising questions about its valuation and growth potential. The acquisition is seen as a strategic move to enhance IESC's market position and operational capabilities, but it also brings scrutiny regarding how it will impact the company's financial metrics and overall trajectory in a competitive landscape. The Gulf Island deal is a significant strategic move that could alter IESC's market dynamics and investor sentiment.

4

IES Holdings, Inc. (IESC) reported a Q1 adjusted earnings per share (EPS) of $3.71, an increase from $2.64 in the same quarter last year. This significant growth reflects the company's strong financial performance and operational efficiency. The substantial increase in adjusted EPS indicates a significant improvement in financial performance, likely influencing investor sentiment and future growth prospects.

30 Jan

4 earnings

IES Holdings, Inc. (IESC) reported its financial results for the first quarter of fiscal 2026, highlighting revenue growth and improved profitability. The company experienced a significant increase in net income compared to the previous year, driven by strong performance across its business segments. Management expressed optimism about future growth opportunities and strategic initiatives aimed at enhancing operational efficiency. The results reflect IESC's ongoing commitment to expanding its market presence and delivering value to shareholders. Strong revenue growth and improved profitability indicate significant positive momentum for future performance.

29 Jan

4

IES Holdings, Inc. is approaching a buy point due to strong demand from data centers, which is driving growth in the electrical contracting sector. The company is well-positioned to capitalize on this trend, reflecting a robust market environment for its services. Investors are closely monitoring IESC as it navigates this high-demand landscape. Strong demand from data centers is likely to significantly enhance IESC's financial performance and market positioning.

20 Jan

4

IES Holdings, Inc. (IESC) is positioned for growth due to its strategic focus on expanding its service offerings and enhancing operational efficiencies. The company is capitalizing on increasing demand in the infrastructure and energy sectors, which is expected to drive revenue growth. Recent acquisitions and investments in technology are also anticipated to bolster its competitive edge. Analysts suggest that these developments could lead to improved financial performance and a stronger market position in the coming years. Strategic expansions and acquisitions are likely to significantly impact future performance and investor sentiment.

3

IES Holdings, Inc. (NASDAQ: IESC) is currently priced at US$460, prompting discussions about its investment potential. Analysts are evaluating the company's recent performance and market position, considering factors such as financial health and growth prospects. Investors are encouraged to assess whether the current valuation reflects the company's future potential and strategic direction. Current valuation and market performance indicate a moderately noticeable influence on future financial outcomes.

16 Jan

4

IES Holdings, Inc. has successfully completed the acquisition of Gulf Island Fabrication, a strategic move aimed at enhancing its capabilities in the energy sector. This acquisition is expected to bolster IES's position in the market by expanding its service offerings and operational capacity, aligning with its growth strategy. The acquisition is a significant strategic move that could enhance IES's market position and operational capabilities.

13 Jan

4

Gulf Island shareholders have voted in favor of the acquisition by IES Holdings, Inc. The approval marks a significant step in IES's strategic expansion efforts, aiming to enhance its service offerings and market presence. The acquisition is expected to close soon, pending regulatory approvals. The acquisition is a major strategic move that could significantly alter IES Holdings' market position and investor sentiment.

30 Dec

4

IES Holdings, Inc. (IESC) is gaining attention due to its recent strategic initiatives and market performance. The company has shown resilience in its operations and is positioned well for future growth. Analysts are optimistic about its potential to capitalize on emerging opportunities in its sector, which may enhance investor interest and market sentiment. Significant strategic initiatives and positive market positioning are likely to impact future performance.

1 Dec

4

IES Holdings, Inc. (IESC) is experiencing positive momentum in its stock performance, driven by strong financial prospects and growth potential. The company has shown resilience in its operations, with increasing revenues and strategic initiatives that position it favorably in the market. Analysts are optimistic about IESC's future, citing its ability to capitalize on emerging opportunities and maintain a competitive edge. This positive outlook is reflected in the stock's recent performance, suggesting that investor confidence is on the rise. Strong financial prospects and strategic initiatives are likely to significantly impact the company's future performance and investor sentiment.

29 Nov

4

Jim Cramer expressed a positive outlook on IES Holdings, Inc. (IESC), stating that he believes the stock is a buy. His endorsement highlights confidence in the company's potential for growth and performance in the market. Cramer's endorsement could significantly influence investor sentiment and the stock's market performance.

21 Nov

4

IES Holdings, Inc. (IESC) reported its fiscal 2025 fourth quarter and full year results, highlighting significant revenue growth and improved profitability. The company achieved a record revenue of $1.2 billion for the year, driven by strong demand across its segments. Operating income also saw a substantial increase, reflecting effective cost management and operational efficiencies. The management expressed optimism about future growth opportunities and strategic initiatives aimed at enhancing market position. Overall, the results indicate a positive trajectory for IESC as it continues to capitalize on market trends. The significant revenue growth and improved profitability indicate a strong future outlook for IESC.

14 Nov

3

IES Holdings, Inc. (NASDAQ: IESC) has reported that its earnings growth rate is significantly lower than the 121% compound annual growth rate (CAGR) delivered to its shareholders. This discrepancy raises concerns about the company's ability to sustain its performance in the long term, despite the impressive returns for investors. Analysts are closely monitoring the situation to assess the implications for future growth and market positioning. The earnings growth rate lagging behind shareholder returns indicates potential challenges in financial performance and market perception.

12 Nov

3

Gulf Island reported its third quarter 2025 results, highlighting significant revenue growth and improved profitability compared to the previous year. The company attributed this success to increased demand in its core markets and effective cost management strategies. Key projects contributed to the positive financial performance, and the outlook for the upcoming quarters remains optimistic as Gulf Island continues to secure new contracts and expand its operational capabilities. The reported revenue growth and improved profitability indicate a moderately noticeable influence on future performance.

7 Nov

4

IES Holdings, Inc. has announced its acquisition of Gulf Island Fabrication, a strategic move aimed at enhancing its capabilities in the energy sector. The acquisition is expected to bolster IES's position in the market by expanding its service offerings and operational capacity. Financial details of the deal have not been disclosed, but the integration of Gulf Island's resources is anticipated to create synergies that will benefit IES's growth trajectory. The acquisition is a significant strategic move that could enhance IES's market position and operational capabilities.

28 Oct

3

IES Holdings, Inc. (IESC) is evaluated for its fair value, considering various financial metrics and market conditions. Analysts assess the company's growth potential, profitability, and competitive positioning within its industry. The analysis includes comparisons with peers and highlights factors that could influence IESC's stock performance moving forward. Moderate influence on financial performance and competitive positioning is expected based on the analysis.

11 Oct

3

IES Holdings, Inc. (IESC) has experienced a recent pullback in its stock price, prompting discussions among investors about potential opportunities in 2025. Analysts suggest that this decline may present a favorable entry point for new investors, considering the company's strong fundamentals and growth prospects. The market's reaction to the pullback indicates a mix of caution and optimism, as investors weigh the implications for future performance and strategic initiatives. The stock pullback may influence investor sentiment and financial performance, but its overall effect is expected to be somewhat limited.

10 Oct

4

IES Holdings, Inc. is focusing on reinvesting profits to capitalize on the growing demand for digital infrastructure. This strategic shift aims to enhance the company's competitive position and long-term growth prospects amid a booming market. Investors may find this approach appealing as it aligns with current industry trends and technological advancements. Reinvestment strategies in response to a digital infrastructure boom are likely to significantly impact future performance and investor sentiment.

8 Oct

3

IES Holdings, Inc. (IESC) is being evaluated for its investment potential amid market fluctuations and company performance metrics. Analysts are considering various factors, including recent financial results, growth strategies, and industry trends that could influence the stock's future trajectory. The company's ability to adapt to changing market conditions and capitalize on new opportunities is under scrutiny, as investors weigh the risks and rewards associated with IESC's stock. Moderate influence is expected due to the company's growth strategies and market conditions.

stockrow.com/IESC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com