IESC

IES Holdings, Inc.

Ticker: IESCIndustrialsConstruction
HQ HOUSTON, TXCIK 1048268FY end 09-30Book / share $60.89Shares 20M
Revenue (FY)
$3.37B+16.89%
TTM $3.99B
Op. margin
11.38%+0.94%
TTM 12.37%
Net income
$311.84M+34.13%
TTM $457.91M
Operating cash
$286.10M+22.05%
TTM $371.42M
Free cash flow
$218.84M+15.64%
TTM $228.40M
Return on equity
34.61%-1.24%
TTM 37.11%
Debt / equity
0.000.00%
Shares outstanding
20.2M-1.14%
TTM 20.2M

The business

IES Holdings, Inc. (NASDAQ: IES) is a provider of integrated electrical and technology systems and infrastructure products and services operating across multiple end markets including data centers, residential housing, and commercial and industrial facilities. The company maintains its website at www.ies-co.com.

IES operates through four reportable business segments. The Communications segment, representing 33.8 percent of revenues, is a leading provider of network infrastructure solutions for data centers and mission-critical environments, offering design, installation and maintenance services across the United States from 41 offices. The Residential segment comprises 38.7 percent of revenues and provides electrical installation services for single-family housing and multi-family apartment complexes, along with HVAC and plumbing services in certain markets through 99 locations across the Sun-Belt, Western, Mid-Atlantic, Midwest and Northeastern regions. The Infrastructure Solutions segment accounts for 14.8 percent of revenues and delivers electro-mechanical solutions for industrial operations including custom-engineered generator enclosures, power distribution equipment, and apparatus repair services from 15 locations. The Commercial & Industrial segment represents 12.7 percent of revenues and provides electrical and mechanical design, construction and maintenance services to commercial and industrial markets from 17 locations.

For fiscal year 2025, the company generated total consolidated revenues of $3.37 billion and employed 10,283 full-time and part-time employees across 174 domestic locations. The company maintains a diverse customer base with no single customer accounting for more than ten percent of consolidated revenues, though one Residential segment customer represented 12.0 percent of revenues in prior years.

IES was established in 1997 and is headquartered in Sugar Land, Texas, with an executive office in Greenwich, Connecticut. The company pursues growth through increasing market share, geographic expansion, capability enhancement, and strategic acquisitions of complementary businesses. The company's backlog at September 30, 2025 reached $2.37 billion, with expectations that approximately $1.4 billion will result in revenue during fiscal 2026.

Sector
Industrials
Industry
Construction
HQ
HOUSTON, TX
FY end
09-30
CIK
1048268
SIC
1731
Financial performance · annual
20132025
$-413.76M$786.11M$1.99B$3.19B$4.39B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds IES Holdings, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

304
funds hold it
1 of 35
superinvestors hold it
$3.54B
fund-held value
25.9%
of shares held by funds

Top fund holders

Fund% of fundValue
Strategic Advisers Fidelity U.S. Total Stock Fund
FCTDX · Fidelity Rutland Square Trust II
0.11%$274.66M
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
2.02%$232.49M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$209.38M
Fidelity Stock Selector Small Cap Fund
FDSCX · Fidelity Capital Trust
2.40%$166.48M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.08%$151.12M

Superinvestors in IES Holdings, Inc.

Polen CapitalDECREASED -39.1%
Polen Capital Management
<0.1%

Share of each manager's reported 13F portfolio.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of IES Holdings, Inc.'s financials

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