IES Holdings, Inc.

IESC Industrials Engineering & Construction

IES Holdings, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $3.4 billion, up 16.9% from fiscal 2024.

Revenue
+39.6%
EPS
+98.7%
Free cash flow
−14.6%

Quarter to June 2026, against a year earlier

145.73 23.34 −13.80%
Market cap
$5.9B
P/E
12.8×
Fwd P/E
17.8×
Dividend yield
—
F-score
7/9
Altman Z
10.63
Beneish M
−2.24
Dividend safety
n/a

IES Holdings, Inc. (IESC) Gross margin

Alert me on Gross margin

IES Holdings, Inc.'s gross margin over the twelve months to 30 June 2026 was 26.3%, up 0.8 percentage points from fiscal 2025 (25.5%). Over the past ten years it has ranged from 14.7% (fiscal 2022) to 25.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 18.8% and below the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 25.5% 1.34
FY2024 24.2% 5.45
FY2023 18.7% 3.98
FY2022 14.7% (4.02)
FY2021 18.7% (0.40)
FY2020 19.1% 2.23
FY2019 16.9% (0.19)
FY2018 17.1% (0.23)
FY2017 17.3% (0.91)
FY2016 18.2% 0.83

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 27.4% 1.26
Mar 2026 26.2% 0.89
Dec 2025 25.3% (0.69)
Sep 2025 26.0% (0.97)
42 more quarters

Against its own ten years

Low 14.7% High 25.5%
Ten-year median 18.2%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
IESC IES Holdings, Inc. 26.3%
STRL Sterling Infrastructure, Inc. compare 23.8%
DY Dycom Industries, Inc. compare 20.5%
TTEK Tetra Tech, Inc. compare 18.8%
GVA Granite Construction Incorporated compare 16.1%
ROAD Construction Partners, Inc. compare 15.8%
KBR KBR, Inc. compare 14.7%
ACM AECOM compare 5.68%
FLR Fluor Corporation compare −0.80%
Engineering & Construction industry median 18.8%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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