IES Holdings (IESC) AI Stock Analysis

• Market Cap: $7.45B
• Dividend Yield: N/A
• Average Volume (3M): 150.47K
• Price to Earnings (P/E): 24.9
• Beta (1Y): 2.20
• Revenue Growth: 16.89%
• EPS Growth: 54.13%
• Country: US
• Employees: 9,423
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 3.77
• Shares Outstanding: 19,927,492
• 10 Day Avg. Volume: 140,970
• 30 Day Avg. Volume: 150,474
• PEG Ratio: 0.50
• Price to Book (P/B): 8.96
• Price to Sales (P/S): 2.35
• P/FCF Ratio: 36.19
• Enterprise Value/Market Cap: 1.06
• Enterprise Value/Revenue: 2.34
• Enterprise Value/Gross Profit: 9.17
• Enterprise Value/Ebitda: 18.58
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 15.89
• Revenue Forecast (FY): $3.69B

• Rating: 76 Outperform
• Price Target: $484.00 ▲(15.03% Upside)

IES Holdings' strong financial performance and positive corporate events are the primary drivers of the stock's score. Technical indicators suggest bullish momentum, though caution is advised due to overbought signals. The high P/E ratio indicates a premium valuation, which could limit further upside.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, enhancing long-term financial stability.

Acquisition Strategy

Strategic acquisitions expand service offerings and market reach, positioning IES for growth in infrastructure projects.

Cash Flow Generation

Strong cash flow generation supports reinvestment in growth opportunities and enhances financial flexibility.

Negative Factors

Residential Segment Challenges

Weakness in the residential segment could limit growth in this area, impacting overall revenue diversification.

EBIT Margin Data Absence

Lack of EBIT margin data hinders comprehensive assessment of operational efficiency and profitability.

Capital Spending Increase

Increased capital spending may strain cash reserves and impact short-term financial flexibility, requiring careful management.

IES Holdings Business Overview & Revenue Model

Company Description

IES Holdings, Inc. designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States. Its Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, chemical plants, refineries, wind farms, solar facilities, municipal infrastructures, and health care facilities. Its Communications segment designs, installs, and maintains network 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. This segment also provides design and installation services for audio/visual, telephone, fire, and wireless access and intrusion alarm systems; and engages in designing/building, servicing, and maintaining data network systems. Its 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. Its Residential segment offers electrical installations to single-family housing and multi-family apartments; and cable television installations to residential and light commercial applications, as well as installs residential solar power for new construction and existing residences. The company was formerly known as Integrated Electrical Services, Inc. and changed its name to IES Holdings, Inc. in May 2016. The company was incorporated in 1997 and is headquartered in Houston, Texas.

How the Company Makes Money

IES Holdings generates revenue primarily through its various service contracts and projects in the electrical and communications sectors. Key revenue streams include electrical contracting services, which encompass a range of projects from new construction to renovation and maintenance work. Additionally, the company earns income from its telecommunications services, which include network installation and maintenance, as well as infrastructure solutions for broadband and other communication systems. IESC has established significant partnerships with other firms and government entities, which contribute to its earnings by providing access to larger projects and enhancing its service offerings. The company also benefits from a growing demand for renewable energy solutions, allowing it to tap into new markets and revenue opportunities.

IES Holdings Financial Statement Overview

Summary

IES Holdings demonstrates strong financial health with consistent revenue growth, solid profitability margins, and effective cash flow management. The low leverage and high return on equity further underscore the company's financial stability and operational efficiency. However, the absence of EBIT margin data limits a complete operational analysis.

Income Statement

IES Holdings has demonstrated strong revenue growth with a 3.76% increase in the latest year, supported by a solid gross profit margin of 25.49%. The net profit margin improved to 8.81%, indicating enhanced profitability. However, the EBIT margin was not available, which could provide further insights into operational efficiency.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.07, reflecting prudent financial management. Return on equity is robust at 33.61%, showcasing effective use of equity to generate profits. The equity ratio stands at 55.41%, indicating a strong equity base relative to total assets.

Cash Flow

IES Holdings has shown a significant free cash flow growth rate of 18.08%, highlighting improved cash generation capabilities. The operating cash flow to net income ratio is 0.45, suggesting a stable cash flow relative to earnings. The free cash flow to net income ratio of 0.76 indicates efficient conversion of earnings into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.37B	3.37B	2.88B	2.38B	2.17B	1.54B
Gross Profit	859.49M	859.50M	696.59M	444.54M	318.90M	288.00M
EBITDA	424.14M	442.17M	343.11M	190.98M	81.24M	107.78M
Net Income	305.98M	305.98M	219.12M	108.29M	34.76M	66.66M
Balance Sheet
Total Assets	1.60B	1.60B	1.24B	981.60M	934.71M	766.62M
Cash, Cash Equivalents and Short-Term Investments	231.76M	231.76M	135.84M	75.77M	24.85M	23.11M
Total Debt	88.09M	88.09M	62.43M	61.59M	137.09M	82.37M
Total Liabilities	707.70M	707.70M	591.92M	481.66M	544.23M	396.07M
Stockholders Equity	883.96M	883.96M	611.11M	449.99M	361.29M	345.95M
Cash Flow
Free Cash Flow	218.84M	218.84M	189.25M	136.24M	-13.00M	30.50M
Operating Cash Flow	286.10M	286.10M	234.40M	153.90M	16.30M	37.90M
Investing Cash Flow	-163.69M	-163.69M	-108.85M	2.77M	-29.50M	-99.60M
Financing Cash Flow	-96.07M	-96.07M	-100.50M	-105.75M	15.00M	31.20M

IES Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 420.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IESC, the sentiment is Negative. The current price of 420.75 is above the 20-day moving average (MA) of 416.68, above the 50-day MA of 405.86, and above the 200-day MA of 326.19, indicating a neutral trend. The MACD of -5.45 indicates Positive momentum. The RSI at 38.73 is Neutral, neither overbought nor oversold. The STOCH value of 25.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IESC.

IES Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DY	78 Outperform	$9.84B	33.45	21.90%	―	13.19%	33.58%
IESC	76 Outperform	$7.45B	24.87	40.54%	―	16.89%	54.13%
PRIM	75 Outperform	$6.75B	25.68	18.56%	0.25%	21.45%	67.31%
KBR	73 Outperform	$5.55B	14.42	27.77%	1.65%	9.66%	29.01%
STRL	71 Outperform	$9.14B	29.18	35.73%	―	6.20%	72.81%
FLR	64 Neutral	$7.00B	2.21	91.03%	―	-1.81%	1228.51%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

IES Holdings Corporate Events

IES Holdings Reports Q4 Revenue Growth and Acquisition

On November 21, 2025, IES Holdings announced its financial results for the fourth quarter and fiscal year ending September 30, 2025, reporting a 16% increase in quarterly revenue to $898 million and a 17% rise in annual revenue to $3.37 billion. The company also highlighted a definitive agreement to acquire Gulf Island Fabrication, enhancing its capacity for custom-manufactured products and expanding into new markets. Despite challenges in the residential segment due to housing market conditions, IES experienced strong growth in its communications and infrastructure solutions segments, driven by demand in the data center market. The company plans to continue capital investments and increase its capital spending in fiscal 2026 to support future growth.

The most recent analyst rating on (IESC) stock is a Buy with a $437.00 price target. To see the full list of analyst forecasts on IES Holdings stock, see the IESC Stock Forecast page.

IES Holdings Acquires Gulf Island Fabrication

On November 7, 2025, IES Holdings, Inc. announced its acquisition of Gulf Island Fabrication, Inc. for $12.00 per share, totaling approximately $192 million. This merger, approved by both companies’ boards, aims to expand IES’s fabrication capabilities and service offerings, enhancing its ability to support U.S. infrastructure projects. The transaction is expected to close by March 31, 2026, pending shareholder and regulatory approvals. The acquisition is anticipated to provide operational continuity and align with U.S. infrastructure needs, benefiting stakeholders with improved scale and flexibility.

The most recent analyst rating on (IESC) stock is a Buy with a $437.00 price target. To see the full list of analyst forecasts on IES Holdings stock, see the IESC Stock Forecast page.