IES Holdings (IESC) AI Stock Analysis

• Market Cap: $8.28B
• Dividend Yield: N/A
• Average Volume (3M): 156.93K
• Price to Earnings (P/E): 27.8
• Beta (1Y): 2.23
• 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: 19,854,586
• 10 Day Avg. Volume: 154,749
• 30 Day Avg. Volume: 156,926
• 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: 0.95
• 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: 74 Outperform
• Price Target: $471.00 ▲(11.94% Upside)

IES Holdings' strong financial performance and positive technical indicators are the primary drivers of its stock score. The company's robust revenue growth, profitability, and cash flow management contribute significantly to its financial health. However, the high P/E ratio and lack of dividend yield present valuation concerns, slightly tempering the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth at 16.89% indicates strong market demand and effective business strategies, supporting long-term expansion.

Balance Sheet Health

A low debt-to-equity ratio enhances financial stability, reducing risk and providing flexibility for future investments or downturns.

Cash Generation

Strong cash generation capabilities support operational needs and strategic initiatives, ensuring long-term sustainability and growth potential.

Negative Factors

Valuation Concerns

High valuation may limit upside potential, as investors might be cautious about overpaying, impacting long-term stock attractiveness.

Lack of Dividend

No dividend yield may deter income-focused investors, potentially limiting the investor base and affecting stock demand over time.

Operational Efficiency Data Gap

Lack of EBIT margin data hinders full assessment of operational efficiency, potentially obscuring areas needing improvement or investment.

IES Holdings Business Overview & Revenue Model

Company Description

IES Holdings, Inc. (IESC) is a diversified holding company that operates through several subsidiaries across various sectors, including electrical contracting, communications, and infrastructure services. The company provides a wide range of core products and services, such as electrical construction, maintenance, and installation, as well as specialty services in telecommunications and renewable energy solutions. IESC focuses on delivering high-quality services to a diverse client base, including commercial, industrial, and governmental entities.

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 exhibits 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. While the absence of EBIT margin data limits a complete operational analysis, the available metrics paint a positive picture of the company's financial performance.

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	304.69M	303.06M	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: Positive
• Last Price: 420.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IESC, the sentiment is Positive. The current price of 420.75 is above the 20-day moving average (MA) of 389.46, above the 50-day MA of 391.28, and above the 200-day MA of 296.44, indicating a bullish trend. The MACD of 5.76 indicates Negative momentum. The RSI at 58.04 is Neutral, neither overbought nor oversold. The STOCH value of 80.74 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IESC.

IES Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DY	79 Outperform	$10.26B	34.89	21.90%	―	13.19%	33.58%
IESC	74 Outperform	$8.28B	27.76	40.54%	―	16.89%	54.13%
PRIM	71 Outperform	$6.67B	24.39	18.56%	0.25%	21.45%	67.31%
STRL	71 Outperform	$9.85B	31.43	35.73%	―	6.20%	72.81%
KBR	65 Neutral	$5.23B	13.39	27.77%	1.54%	9.66%	29.01%
FLR	64 Neutral	$6.83B	2.15	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 Strong Fiscal 2025 Results

IES Holdings, Inc. is a company that designs and installs integrated electrical and technology systems, providing infrastructure products and services across various sectors, including data centers, residential housing, and commercial and industrial facilities in the United States.

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.