IES Holdings, Inc. logo

IES Holdings, Inc.

IESC

NASDAQIndustrialsEngineering & Construction

Previous close

$342.52

−$340.75 · -49.87%

Aug 21, 4:00 PM ET

Pre-market

$347.73

+$5.2105 · +1.52%

Aug 24, 7:00 AM ET

IESC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

69

Undervalued

Momentum

46

Neutral

Sentiment

37

Bearish

Risk resilience

44

Elevated Risk

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Company profile

Company website

IES Holdings, Inc. operates across the United States, specializing in the engineering and implementation of integrated electrical and technology systems, alongside providing essential infrastructure products and related services. Its Commercial & Industrial division offers electrical and mechanical design, construction, and ongoing maintenance support for a diverse range of facilities. These include corporate offices, manufacturing plants, data processing centers, chemical and refining operations, renewable energy sites such as wind and solar farms, municipal infrastructure projects, and healthcare institutions. The Communications segment focuses on designing, installing, and servicing network infrastructure. This work primarily supports data centers catering to co-location and managed hosting clients, in addition to corporate, educational, financial, hospitality, and healthcare buildings, e-commerce fulfillment centers, and advanced manufacturing facilities. Furthermore, this segment provides design and installation expertise for audiovisual, telecommunications, fire suppression, wireless access, and security alarm systems, while also engaging in the development, deployment, and upkeep of data network systems. Within its Infrastructure Solutions unit, the company undertakes the repair and maintenance of both alternating and direct current electric motors and generators, as well as power generation and distribution equipment. It also manufactures bespoke metal-enclosed bus duct solutions for power distribution, custom generator enclosures for commercial and industrial uses, and produces, refurbishes, and repairs industrial lifting magnets. Additionally, this segment services and repairs primary and auxiliary generators, main alternators, and traction motors used in railway systems. The Residential segment is responsible for electrical installations in both single-family homes and multi-unit apartment complexes. It also provides cable television installations for residential and light commercial customers, and installs solar power systems for both new construction and existing residences. Established in 1997 and headquartered in Houston, Texas, the company rebranded from Integrated Electrical Services, Inc. to IES Holdings, Inc. in May 2016.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
US
CEO
Matthew J. Simmes
Listed since
Jan 28, 1998
Employees
10,273

Market position

Day range

Current $342.52

52-week range

Current $342.52

Open
$688.05
Previous close
$683.27
Volume
115.46K
0.48× average
Average volume
238.21K
Average daily volume
Market cap
6.82B USD
Beta
1.82
Market reference 1
50-day average
$343.2
-0.20% below average
200-day average
$276.19
+24.02% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.95B USD
P/E (TTM)
15.01×
P/B (TTM)
5.55×
P/S (TTM)
1.71×
EV / EBITDA
17.98×
Earnings yield
3.86%
Free cash flow yield
2.76%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
25.90%
Operating margin
12.37%
Net margin
11.45%
Return on equity
34.61%
Return on assets
19.18%
Return on invested capital
29.49%

Financial health

Debt / equity
0.06×
Current ratio
1.71×
Altman Z-score
11.44
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%18%9%-1%Gross margin, FY2021: 18.74%Gross margin, FY2022: 14.72%Gross margin, FY2023: 18.70%Gross margin, FY2024: 24.15%Gross margin, FY2025: 25.49%Operating margin, FY2021: 5.57%Operating margin, FY2022: 2.58%Operating margin, FY2023: 6.72%Operating margin, FY2024: 10.43%Operating margin, FY2025: 11.38%Net margin, FY2021: 4.34%Net margin, FY2022: 1.60%Net margin, FY2023: 4.56%Net margin, FY2024: 7.60%Net margin, FY2025: 9.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 18.74%. Gross margin FY2022 14.72%. Gross margin FY2023 18.70%. Gross margin FY2024 24.15%. Gross margin FY2025 25.49%. Operating margin FY2021 5.57%. Operating margin FY2022 2.58%. Operating margin FY2023 6.72%. Operating margin FY2024 10.43%. Operating margin FY2025 11.38%. Net margin FY2021 4.34%. Net margin FY2022 1.60%. Net margin FY2023 4.56%. Net margin FY2024 7.60%. Net margin FY2025 9.08%.

Income trends

Revenue

3.37B USD+16.89%

Operating income

383.53M USD+27.47%

Net income

305.98M USD+39.64%
Income trends across reported periods3.71B USD2.37B USD1.04B USD−298.91M USDRevenue, FY2021: 1.54B USDRevenue, FY2022: 2.17B USDRevenue, FY2023: 2.38B USDRevenue, FY2024: 2.88B USDRevenue, FY2025: 3.37B USDOperating income, FY2021: 85.58M USDOperating income, FY2022: 56M USDOperating income, FY2023: 159.78M USDOperating income, FY2024: 300.88M USDOperating income, FY2025: 383.53M USDNet income, FY2021: 66.66M USDNet income, FY2022: 34.76M USDNet income, FY2023: 108.29M USDNet income, FY2024: 219.12M USDNet income, FY2025: 305.98M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.54B USD. Revenue FY2022 2.17B USD. Revenue FY2023 2.38B USD. Revenue FY2024 2.88B USD. Revenue FY2025 3.37B USD. Operating income FY2021 85.58M USD. Operating income FY2022 56M USD. Operating income FY2023 159.78M USD. Operating income FY2024 300.88M USD. Operating income FY2025 383.53M USD. Net income FY2021 66.66M USD. Net income FY2022 34.76M USD. Net income FY2023 108.29M USD. Net income FY2024 219.12M USD. Net income FY2025 305.98M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.37B USD2.88B USD2.38B USD2.17B USD1.54B USD
Cost of goods sold2.51B USD2.19B USD1.93B USD1.85B USD1.25B USD
Gross profit859.5M USD696.59M USD444.54M USD318.9M USD288M USD
Selling, general, and administrative474.98M USD396.68M USD298.63M USD262.7M USD202.3M USD
Operating expenses474.98M USD395.71M USD284.76M USD262.7M USD202.3M USD
Interest income2.93M USD4.04M USD
Interest expense1.81M USD1.34M USD3.02M USD2.97M USD962K USD
Depreciation and amortization46.94M USD37.1M USD29.41M USD25.47M USD21.92M USD
Operating income383.53M USD300.88M USD159.78M USD56M USD85.58M USD
Net income305.98M USD219.12M USD108.29M USD34.76M USD66.66M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
80%
4 beats, 1 miss, 0 met estimates
Average EPS surprise
+14.14%
5 comparable reports
Latest EPS result
6.7
Estimate 4.83 · Beat by 38.72%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates7.025.453.892.32Q1 '25No estimateQ2 '25No estimateQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 2.64, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 2, 2025: actual 3.3, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 1, 2025: actual 3.95, estimate 3.55, surprise +11.27%, Beat. Q4 2025, reported Nov 21, 2025: actual 3.77, estimate 3.11, surprise +21.22%, Beat. Q1 2026, reported Jan 30, 2026: actual 3.71, estimate 3.94, surprise -5.84%, Miss. Q2 2026, reported May 1, 2026: actual 4.16, estimate 3.95, surprise +5.32%, Beat. Q3 2026, reported Jul 31, 2026: actual 6.7, estimate 4.83, surprise +38.72%, Beat. Q4 2026, reported Nov 20, 2026: actual —, estimate 5.61, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.29B1.09B897.36M699.84MQ1 '25No estimateQ2 '25No estimateQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 749.55M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 2, 2025: actual 833.96M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 1, 2025: actual 890.16M USD, estimate 843M USD, surprise +5.59%, Beat. Q4 2025, reported Nov 21, 2025: actual 897.8M USD, estimate 843M USD, surprise +6.50%, Beat. Q1 2026, reported Jan 30, 2026: actual 871M USD, estimate 876M USD, surprise -0.57%, Miss. Q2 2026, reported May 1, 2026: actual 974.2M USD, estimate 1.01B USD, surprise -3.16%, Miss. Q3 2026, reported Jul 31, 2026: actual 1.24B USD, estimate 1.08B USD, surprise +15.06%, Beat. Q4 2026, reported Nov 20, 2026: actual —, estimate 1.15B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$458

33.71% upside
Past 12 months12-month forecastHigh $458Average $458Low $458

Recent analyst actions

1 institution

IESC news

Corporate actions

Corporate action history

Stock splitUpcoming

Effective Aug 24, 2026

2:1

Stock split

Effective May 15, 2006

250:4,273

IESC peers

ETFs holding IESC

Funds reporting this stock among their holdings, ordered by reported position size.

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