IES Holdings, Inc. (IESC)
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-09-04
$322.57+2.37%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-09-04
QuarterlyIQ Insights · IESC
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks IESC against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 67% of the time over the next year (vs 52% for the rest of the cohort, n=6958).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow by acquiring companies like Gulf Island and DBM Global, and investing in production facilities to increase capacity and capabilities.
Stated in 3 of last 3 quarters. The company acquired Gulf Island in 2026-Q2, which contributed $37.5M revenue that quarter and $51.7M in 2026-Q3, added a 176,000 sq ft facility in 2026-Q3, and announced the pending DBM Global acquisition in 2026-Q3. Management is delivering on capacity expansion through acquisitions and facility investments with growing revenue contributions.
“We acquired Gulf Island and production facilities, investing capital to reposition operations and expand capabilities.”
“Completed acquisition of Gulf Island to accelerate capacity expansion plans in Infrastructure Solutions.”
“We completed the acquisition of Gulf Island and are investing in capital expenditures to support growth.”
Prioritize capital expenditures to support organic growth opportunities within existing businesses and expand capabilities.
Stated in 3 of last 3 quarters. Capital expenditures increased from $31.8M in 2026-Q2 to $44.6M in 2026-Q3, with management substantially raising the capital spending outlook for fiscal 2026. The trajectory shows management is delivering on increased capital spending to support organic growth.
Drive revenue growth in Communications, Infrastructure Solutions, and Commercial & Industrial segments, especially in data center and industrial markets.
Stated in 3 of last 3 quarters. Revenue in Communications grew from $367.7M in 2026-Q2 to $453.1M in 2026-Q3, Infrastructure Solutions from $192.4M to $224.1M, and Commercial & Industrial from $126.5M to $241.4M. Management is delivering strong growth in key segments, especially driven by data center demand.
Grow market share in Residential segment by expanding Plumbing and HVAC offerings and focusing on electrical markets.
Stated in 3 of last 3 quarters. Despite a 6% revenue decline in Residential segment in 2026-Q3 and 10% decline in 2026-Q2 due to housing market softness, management continues to expand Plumbing and HVAC offerings and focus on electrical markets to grow market share. The trajectory shows persistent focus but limited revenue growth so far.
“Continuing to expand Plumbing and HVAC offerings and focus on electrical markets in Residential segment.”
Complete acquisition and integration of DBM Global to diversify operations and expand structural steel fabrication and erection capabilities.
Newly stated in 2026-Q3 (announcement date 2026-08-11). The company announced the acquisition of DBM Global, a $1.3B revenue structural steel platform, for approximately $685M. This is a new strategic priority to diversify operations and expand capabilities, with integration expected after closing in fiscal 2026-Q4. No financial impact yet visible in prior quarters.
Over the trailing year it converted 0.65x of net income into operating cash flow. Historically, Industrials names rated fragile grew net income 48% of the time over the next year (vs 59% for the rest of the cohort, n=4997).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
14 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=3431).
Not investment advice. As of 2026-09-04.
“We supported growth with $44.6 million in capital expenditures in 2026-Q3.”
“We supported growth with $31.8 million in capital expenditures in 2026-Q2.”
“Investing in capital expenditures to support growth opportunities.”
“Communications revenue increased 51%, Infrastructure Solutions 73%, Commercial & Industrial 109% year over year.”
“Communications revenue increased 35%, Infrastructure Solutions 64%, Commercial & Industrial 1% year over year.”
“Strong growth in Communications and Infrastructure Solutions; Commercial & Industrial growing backlog.”
“Moving forward with expansion of Plumbing and HVAC offerings, prioritizing markets with strong electrical presence.”
“Expanding Plumbing and HVAC offerings and focusing on electrical markets in Residential segment.”