IESC · Ies Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $974.28M | $870.96M | $890.16M | $833.96M | $749.55M | $768.41M | $705.73M | $634.44M | $584.45M | $568.88M |
| Cost of Revenue | $719.50M | $650.94M | $650.56M | $625.09M | $571.52M | $573.63M | $534.12M | $490.64M | $476.84M | $467.95M |
| Gross Profit | $254.79M | $220.01M | $239.60M | $208.87M | $178.03M | $194.78M | $171.61M | $143.80M | $107.61M | $100.93M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $142.44M | $121.81M | $127.33M | $116.04M | $103.04M | $104.69M | $95.27M | $85.85M | $74.30M | $69.35M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $16.09M | $12.67M | $11.66M | $11.95M | $11.09M | $10.61M | $7.82M | $7.62M | $6.88M | $6.86M |
| Operating Income | $112.25M | $97.73M | $111.90M | $92.69M | $74.62M | $90.18M | $77.71M | $57.99M | $34.32M | $31.61M |
| Interest Expense | $1.53M | $466.0K | $534.0K | $266.0K | $518.0K | $395.0K | $406.0K | $397.0K | $391.0K | $1.05M |
| Income Tax | $38.32M | $28.41M | $29.46M | $26.09M | $19.98M | $22.57M | $19.37M | $15.40M | $8.26M | $8.16M |
| Net Income | $109.91M | $91.44M | $77.23M | $70.65M | $40.96M | $22.55M | $52.91M | $40.96M | $22.55M | $21.55M |
| EPS - Basic | $5.51 | $4.58 | $3.86 | $3.54 | $2.76 | $2.71 | $2.32 | $1.89 | $0.82 | $0.93 |
| EPS - Diluted | $5.44 | $4.51 | $3.81 | $3.50 | $2.72 | $2.67 | $2.29 | $1.87 | $0.81 | $0.92 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $48.66M | $88.83M | $127.17M | $22.43M | $59.07M | $100.83M | $105.97M | $87.46M | $28.56M | $15.13M |
| Accounts Receivable | $656.57M | $524.39M | $552.16M | $515.67M | $459.01M | $469.83M | $416.66M | $388.56M | $363.84M | $330.64M |
| Inventory | $126.68M | $110.41M | $111.54M | $107.57M | $104.31M | $101.73M | $104.61M | $113.77M | $95.66M | $106.31M |
| Accounts Payable | - | - | $209.36M | - | - | $149.38M | - | - | $138.59M | - |
| Current Assets | $1.29B | $1.11B | $1.09B | $914.48M | $843.95M | $871.69M | $796.50M | $727.59M | $671.30M | $591.93M |
| Total Assets | $1.99B | $1.66B | $1.60B | $1.36B | $1.27B | $1.24B | $1.10B | $1.04B | $981.60M | $889.09M |
| Current Liabilities | $833.03M | $615.63M | $633.43M | $538.19M | $502.98M | $522.55M | $434.23M | $421.91M | $400.57M | $372.97M |
| Long-term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.17M |
| Total Liabilities | $916.79M | $693.17M | $707.70M | $618.03M | $572.63M | $591.92M | $506.20M | $498.41M | $481.66M | $454.74M |
| Stockholders' Equity | $1.07B | $961.08M | $883.96M | $705.78M | $652.44M | $611.11M | $534.81M | $488.64M | $449.99M | $397.75M |
| Retained Earnings | $1.00B | $891.84M | $800.82M | $623.66M | $552.92M | $497.76M | $380.93M | $333.96M | $295.78M | $245.32M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $27.70M | - | - | $37.26M | - | - | $24.95M | - | - |
| Investing Cash Flow | - | ($46.24M) | - | - | ($58.42M) | - | - | ($5.99M) | - | - |
| Financing Cash Flow | - | ($19.80M) | - | - | ($20.59M) | - | - | ($7.28M) | - | - |
| CapEx | $31.83M | $46.57M | $17.15M | $16.95M | $13.17M | $17.53M | $6.84M | $6.51M | $4.61M | $3.96M |
| Free Cash Flow | - | ($18.87M) | - | - | $24.09M | - | - | $18.44M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 26.2% | 25.3% | 26.9% | 25.0% | 23.8% | 25.3% | 24.3% | 22.7% | 18.4% | 17.7% |
| Operating margin | 11.5% | 11.2% | 12.6% | 11.1% | 10.0% | 11.7% | 11.0% | 9.1% | 5.9% | 5.6% |
| EBITDA margin | 13.2% | 12.7% | 13.9% | 12.5% | 11.4% | 13.1% | 12.1% | 10.3% | 7.0% | 6.8% |
| Net margin | 11.3% | 10.5% | 8.7% | 8.5% | 5.5% | 2.9% | 7.5% | 6.5% | 3.9% | 3.8% |
| Free cash flow margin | - | -2.2% | - | - | 3.2% | - | - | 2.9% | - | - |
| FCF / Net income | - | -0.21 | - | - | 0.59 | - | - | 0.45 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 14.6% | 14.0% | 14.3% | 13.9% | 13.7% | 13.6% | 13.5% | 13.5% | 12.7% | 12.2% |
| Effective tax rate | 25.9% | 23.7% | 27.6% | 27.0% | 32.8% | 50.0% | 26.8% | 27.3% | 26.8% | 27.5% |
| Return on assets | 5.5% | 5.5% | 4.8% | 5.2% | 3.2% | 1.8% | 4.8% | 3.9% | 2.3% | 2.4% |
| Return on equity | 10.2% | 9.5% | 8.7% | 10.0% | 6.3% | 3.7% | 9.9% | 8.4% | 5.0% | 5.4% |
| Return on invested capital | 7.8% | 7.8% | 9.2% | 9.6% | 7.7% | 7.4% | 10.6% | 8.6% | 5.6% | 5.6% |
| Liquidity | ||||||||||
| Current ratio | 1.55 | 1.80 | 1.71 | 1.70 | 1.68 | 1.67 | 1.83 | 1.72 | 1.68 | 1.59 |
| Quick ratio | 1.40 | 1.62 | 1.54 | 1.50 | 1.47 | 1.47 | 1.59 | 1.45 | 1.44 | 1.30 |
| Cash ratio | 0.06 | 0.14 | 0.20 | 0.04 | 0.12 | 0.19 | 0.24 | 0.21 | 0.07 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.37 |
| Interest coverage | 73.3x | 209.7x | 209.6x | 348.5x | 144.1x | 228.3x | 191.4x | 146.1x | 87.8x | 30.1x |
| Equity multiplier | 1.86 | 1.73 | 1.81 | 1.93 | 1.94 | 2.04 | 2.06 | 2.13 | 2.18 | 2.24 |
| Liabilities / Assets | 0.46 | 0.42 | 0.44 | 0.45 | 0.45 | 0.48 | 0.46 | 0.48 | 0.49 | 0.51 |
| Efficiency | ||||||||||
| Asset turnover | 0.49 | 0.53 | 0.56 | 0.61 | 0.59 | 0.62 | 0.64 | 0.61 | 0.60 | 0.64 |
| Inventory turnover | 5.68 | 5.90 | 5.83 | 5.81 | 5.48 | 5.64 | 5.11 | 4.31 | 4.99 | 4.40 |
| Days sales outstanding | 246d | 220d | 226d | 226d | 224d | 223d | 215d | 224d | 227d | 212d |
| Days inventory outstanding | 64d | 62d | 63d | 63d | 67d | 65d | 71d | 85d | 73d | 83d |
| Days payable outstanding | - | - | 117d | - | - | 95d | - | - | 106d | - |
| Cash conversion cycle | - | - | 172d | - | - | 193d | - | - | 194d | - |
| Valuation | ||||||||||
| P / E | 87.6x | 86.3x | 104.4x | 47.2x | 73.9x | 74.8x | 53.1x | 42.4x | 81.3x | 46.8x |
| P / B | 9.0x | 8.2x | 9.0x | 4.7x | 6.2x | 6.7x | 4.7x | 3.3x | 3.0x | 2.2x |
| P / S | 9.9x | 9.0x | 9.0x | 4.0x | 5.4x | 5.3x | 3.5x | 2.6x | 2.3x | 1.5x |
| EV / EBITDA | 74.6x | 70.3x | 63.7x | 31.7x | 46.8x | 39.6x | 27.9x | 23.3x | 31.9x | 22.8x |
| Growth | ||||||||||
| Revenue growth (YoY) | 16.8% | 16.2% | 15.8% | 18.2% | 18.1% | 31.5% | 24.1% | 10.4% | 3.0% | 13.4% |
| Revenue CAGR (3y) | 19.6% | 14.9% | 16.2% | 18.5% | 16.0% | 23.7% | 28.6% | 26.3% | 25.9% | 25.0% |
| Revenue CAGR (5y) | 24.0% | 22.6% | 24.9% | 23.4% | 22.1% | 22.1% | 22.4% | 21.1% | 20.2% | 22.6% |
| Gross profit growth (YoY) | 22.0% | 23.6% | 23.0% | 21.7% | 23.8% | 81.0% | 70.0% | 50.7% | 30.0% | 72.5% |
| Operating income growth (YoY) | 21.1% | 31.0% | 24.1% | 19.3% | 28.7% | 162.8% | 145.9% | 42.6% | 119.5% | - |
| Net income growth (YoY) | 55.6% | 123.3% | 242.5% | 33.5% | 0.0% | 0.0% | 145.5% | 55.1% | 138.2% | - |
| EPS growth (YoY) | 55.4% | 65.8% | 42.7% | 52.8% | 45.5% | 229.6% | 148.9% | 64.0% | 145.5% | - |
| EPS CAGR (3y) | 80.8% | 58.2% | 126.0% | - | 58.0% | 42.6% | 58.1% | 47.7% | 11.8% | 46.9% |
| EPS CAGR (5y) | 56.5% | 50.7% | 45.7% | 64.6% | 47.5% | 38.7% | 54.5% | 42.3% | 15.2% | 52.9% |
| FCF growth (YoY) | - | - | - | - | 30.7% | - | - | 58.5% | - | - |
| FCF CAGR (5y) | - | - | - | - | 20.1% | - | - | - | - | - |
| Book value growth (YoY) | 52.0% | 47.3% | 44.6% | 32.0% | 33.5% | 35.8% | 34.5% | 29.3% | 24.6% | 13.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$3.37B totalResidential$1.30B · 38.7%
Communications$1.14B · 33.8%
Infrastructure Solutions$498.72M · 14.8%
Commercialand Industrial$427.74M · 12.7%
Product / service
$1.80B totalSingle Family Contracts$665.61M · 36.9%
Custom Power Solutions$400.46M · 22.2%
Single Family Plumbing HVAC$325.80M · 18.1%
Multi Familyand Other$312.96M · 17.4%
Industrial Services$98.26M · 5.4%
Peer comparison
Same SIC group: Electrical Work
Comparing IES Holdings against the 3 most active filers in the same SIC group.