📊 IESC Key Takeaways
Is IES Holdings, Inc. (IESC) a Good Investment?
IES Holdings demonstrates strong operational fundamentals with 16.9% revenue growth, zero debt, and exceptional 18.8% ROE. However, net income declined 1.9% YoY despite robust top-line growth, signaling margin compression that requires investigation into cost pressures and pricing dynamics in the electrical contracting sector.
IESC delivers double‑digit revenue growth with strong margins and a debt‑free balance sheet, indicating healthy core operations and low financial risk. Liquidity is solid, but cash conversion is weak with negative free cash flow, suggesting elevated working‑capital needs or timing effects. If operating cash flow normalizes and margins hold, fundamentals support continued earnings durability.
Why Buy IES Holdings, Inc. Stock? IESC Key Strengths
- Zero long-term debt with pristine balance sheet (Debt/Equity 0.0x) provides substantial financial flexibility
- Strong revenue growth of 16.9% YoY with healthy 25.7% gross margins and 10.9% net margin
- Exceptional capital efficiency with ROE of 18.8% and ROA of 10.1%, supported by 51.9% EPS growth
- Debt-free balance sheet with very high interest coverage
- Healthy profitability (25% gross, 11% operating, 10% net)
- Solid liquidity (current 1.8x, quick 1.62x) with double-digit revenue growth
IESC Stock Risks: IES Holdings, Inc. Investment Risks
- Net income declined 1.9% YoY despite 16.9% revenue growth, indicating margin compression and deteriorating profitability quality
- Minimal cash position of $48.7M represents only 2.7% of revenue, limiting financial cushion for downturns or acquisitions
- Large discrepancy between net margin (10.9%) and free cash flow margin (2.8%) reveals significant working capital absorption or capex requirements
- Negative free cash flow and weak cash conversion
- Project/cycle exposure leading to margin volatility
- Labor/material cost inflation and execution risk on fixed-price contracts
Key Metrics to Watch
- Operating margin and gross margin trends to assess if margin compression stabilizes or worsens
- Operating cash flow and working capital management, particularly accounts receivable/payable cycles
- Cash balance trajectory and debt levels given growth trajectory and low liquidity cushion
- Operating cash flow and FCF margin (cash conversion)
- Gross and operating margin trend (project mix/discipline)
IES Holdings, Inc. (IESC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 2.8% FCF margin may limit capital allocation flexibility.
IESC Profit Margin, ROE & Profitability Analysis
IESC vs Utilities Sector: How IES Holdings, Inc. Compares
How IES Holdings, Inc. compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is IES Holdings, Inc. Stock Overvalued? IESC Valuation Analysis 2026
Based on fundamental analysis, IES Holdings, Inc. appears fundamentally strong relative to the Utilities sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
IES Holdings, Inc. Balance Sheet: IESC Debt, Cash & Liquidity
IESC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: IES Holdings, Inc.'s revenue has grown significantly by 183% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.44 reflects profitable operations.
IESC Revenue Growth, EPS Growth & YoY Performance
IESC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $834.0M | N/A | $3.50 |
| Q1 2026 | $749.5M | N/A | $2.72 |
| Q3 2025 | $768.4M | N/A | $2.67 |
| Q2 2025 | $705.7M | N/A | $2.29 |
| Q1 2025 | $634.4M | N/A | $1.87 |
| Q3 2024 | $584.5M | N/A | $0.81 |
| Q2 2024 | $568.9M | N/A | $0.92 |
| Q1 2024 | $574.9M | $26.4M | $1.14 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
IES Holdings, Inc. Dividends, Buybacks & Capital Allocation
IESC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for IES Holdings, Inc. (CIK: 0001048268)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 15, 2026 | 4 | xslF345X06/wk-form4_1778877243.xml | View → |
| May 12, 2026 | 4 | xslF345X06/wk-form4_1778620835.xml | View → |
| May 8, 2026 | 4 | xslF345X06/wk-form4_1778278785.xml | View → |
| May 8, 2026 | 4 | xslF345X06/wk-form4_1778275579.xml | View → |
| May 7, 2026 | 4 | xslF345X06/wk-form4_1778189500.xml | View → |
❓ Frequently Asked Questions about IESC
What is the AI rating for IESC?
IES Holdings, Inc. (IESC) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are IESC's key strengths?
Claude: Zero long-term debt with pristine balance sheet (Debt/Equity 0.0x) provides substantial financial flexibility. Strong revenue growth of 16.9% YoY with healthy 25.7% gross margins and 10.9% net margin. ChatGPT: Debt-free balance sheet with very high interest coverage. Healthy profitability (25% gross, 11% operating, 10% net).
What are the risks of investing in IESC?
Claude: Net income declined 1.9% YoY despite 16.9% revenue growth, indicating margin compression and deteriorating profitability quality. Minimal cash position of $48.7M represents only 2.7% of revenue, limiting financial cushion for downturns or acquisitions. ChatGPT: Negative free cash flow and weak cash conversion. Project/cycle exposure leading to margin volatility.
What is IESC's revenue and growth?
IES Holdings, Inc. reported revenue of $1.8B.
Does IESC pay dividends?
IES Holdings, Inc. does not currently pay dividends.
Where can I find IESC SEC filings?
Official SEC filings for IES Holdings, Inc. (CIK: 0001048268) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is IESC's EPS?
IES Holdings, Inc. has a diluted EPS of $9.95.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is IESC a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, IES Holdings, Inc. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is IESC stock overvalued or undervalued?
Valuation metrics for IESC: ROE of 18.8% (sector avg: 10%), net margin of 10.9% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy IESC stock in 2026?
Our dual AI analysis gives IES Holdings, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is IESC's free cash flow?
IES Holdings, Inc.'s operating cash flow is $131.0M, with capital expenditures of $78.4M. FCF margin is 2.8%.
How does IESC compare to other Utilities stocks?
Vs Utilities sector averages: Net margin 10.9% (avg: 12%), ROE 18.8% (avg: 10%), current ratio 1.55 (avg: 0.8).