IESC

HoldFallen FavouriteAI pick

IES Holdings, Inc. · Industrials · United States · $9.1B cap · $69.3M/day traded

$213.54 -3.3% · close 23 Oct · scored 24 Oct

StockRank down 1.4 since 23 Oct.

Fallen Favourite: A good business, still expensive, and the price is falling.

57
StockRank
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Quality
86
Value
28
Momentum
37

As of 24 Oct 2026, MoatMap's StockRank for IES Holdings, Inc. (IESC) is 57/100, ranked against 24,000+ stocks in 35 markets (Quality 86, Value 28, Momentum 37, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
19.0x
peers 25.9x
ROE
44.5%
peers 8.9%
D/E
0.1x
peers 0.6x
Dividend %
—
trailing yield
AI CONVICTION THESIS

IES Holdings is a US electrical and technology infrastructure contractor whose largest growth engine is data-centre electrical work, with high returns on capital for a contractor and a shareholder-focused, owner-controlled capital allocation approach. Its recent quarter drove a roughly 30% share-price jump and a two-for-one stock split, and it is buying back shares. With power and electrical capacity becoming the bottleneck for AI data centres, it sits squarely where spending is moving. The planned acquisition of DBM Global adds structural steel capability for large projects. The valuation is full, but earnings growth and backlog visibility are strong.

ABOUT IES HOLDINGS, INC.

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IES Holdings, Inc. designs and installs integrated electrical and technology systems, serving residential, commercial, industrial, and infrastructure markets in the United States. The company operates a decentralized model, providing specialized services such as data center electrical infrastructure and residential electrical wiring. Its competitive position is supported by long-term customer relationships and a diversified service portfolio across high-growth end markets.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue2.2B2.4B2.9B3.4B15.9%4.0B4.2B6.3B36.4%
EPS1.454.5810.0215.22119.0%11.2623.4527.3834.1%
Shares20.3M20.2M20.0M19.9M-2.4%————
Debt137.1M61.6M62.4M88.1M-13.7%76.9M———
Equity361.3M450.0M611.1M884.0M34.7%————
Op CF16.3M153.9M234.4M286.1M160.1%371.4M———
Inv CF-29.5M2.8M-108.8M-163.7M—————
Fin CF15.0M-105.8M-100.5M-96.1M—————
Loading 1Y...
PRICE (1Y) · USD-33.2%
21424627831034214 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery bumpy

Swung more than 87% of stocks we rank over the past year (76% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$213.54
RSI (14)
1.7
52-Week Range-47.7% from high
Low $170.07High $408.26

SCORE BREAKDOWN

Quality
86
ROIC
60.4%99.4
ROE
44.5%97.2
GP/Assets
65.7%97.0
Op. Margin
14.4%74.7
FCF/Assets
14.3%93.1
Piotroski
655.1
Int. Cover
50.0x88.5
D/E Ratio
0.06x79.9
Current Ratio
1.63x47.3
Value
28
P/E (TTM)
19.0x42.7
EV/EBITDA
14.9x31.0
P/FCF
39.6x22.4
P/B
6.9x8.4
P/S
2.3x30.5
Div Yield
—N/A
Momentum
37
52W High %
52%22.5
RS 6M
-36%12.8
SMA 50/200
1.06x73.0
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
+20%32.6
Q Growth
98%81.2

FUNDAMENTALS

Market Cap
$9.1B
P/E (Forward)
—
Gross Margin
26.3%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of IESC are excluded.

TickerCompanyMkt CapStockRankSignal
IESCIES Holdings, Inc.(you)$9.1B57Hold
STRLSterling Infrastructure, Inc.$10.9B55Hold
ACAArcosa, Inc.$7.3B63Hold
TTEKTetra Tech, Inc.$9.5B69Buy
JJacobs Solutions Inc.$17.0B52Hold
ECGEverus Construction Group, Inc.$4.8B62Hold
APGAPi Group Corporation$17.0B51Hold
DYDycom Industries, Inc.$6.8B42Hold
MYRGMYR Group Inc.$4.0B60Hold
EXPOExponent, Inc.$3.7B63Hold

Peer medians: ROE 8.9% · P/E 25.9x · Gross margin 29.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

IES Holdings, Inc. (IESC): Stock Score Summary

IES Holdings, Inc. (IESC) has a MoatMap StockRank of 57/100 based on Quality (86/100), Value (28/100), and Momentum (37/100) factor scores. The current signal is HOLD. IES Holdings is a US electrical and technology infrastructure contractor whose largest growth engine is data-centre electrical work, with high returns on capital for a contractor and a shareholder-focused, owner-controlled capital allocation approach. Its recent quarter drove a roughly 30% share-price jump and a two-for-one stock split, and it is buying back shares. With power and electrical capacity becoming the bottleneck for AI data centres, it sits squarely where spending is moving. The planned acquisition of DBM Global adds structural steel capability for large projects. The valuation is full, but earnings growth and backlog visibility are strong.

IES Holdings, Inc. designs and installs integrated electrical and technology systems, serving residential, commercial, industrial, and infrastructure markets in the United States. The company operates a decentralized model, providing specialized services such as data center electrical infrastructure and residential electrical wiring. Its competitive position is supported by long-term customer relationships and a diversified service portfolio across high-growth end markets.

Key Financial Metrics

Price$213.54
Market Cap$9.1B
P/E (TTM)18.96
Price/Book6.92
Return on Equity44.5%
Return on Invested Capital60.4%
Debt/Equity0.06x
Gross Margin26.3%
Operating Margin14.4%
Revenue Growth39.6%
Free Cash Flow$228M

IES Holdings, Inc. operates in the Engineering & Construction industry, part of the Industrials sector (United States).

Frequently Asked Questions

What is IES Holdings, Inc.’s (IESC) StockRank?
MoatMap’s StockRank for IES Holdings, Inc. (IESC) is 57/100, with a Hold signal. It is a composite of Quality (86), Value (28), and Momentum (37), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does IES Holdings, Inc. have an economic moat?
IES Holdings, Inc. (IESC) has a Quality factor score of 86/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is IES Holdings, Inc. a buy, hold, or sell?
MoatMap’s current signal for IES Holdings, Inc. (IESC) is Hold, based on a StockRank of 57/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is IES Holdings, Inc. in?
IES Holdings, Inc. (IESC) operates in the Industrials sector, specifically the Engineering & Construction industry (United States).