IES Holdings, Inc.
417.99+7.37 (+1.79%)
Oct 29, 4:00:02 PM EDT · NasdaqGM · IESC · USD
Key Stats
Market Cap
8.30BP/E (TTM)
31.91Basic EPS (TTM)
13.10Dividend Yield
0%Recent Filings
8-K
IES Q3 revenue surges 16%
IES Holdings reported fiscal 2025 Q3 revenue of $890 million, up 16% from $768 million last year, with operating income rising 24% to $111.9 million on strong data center demand boosting Communications (up 56% to $299.2 million) and Infrastructure Solutions (up 27% to $129.5 million). Residential dipped 8% to $346.1 million amid housing woes, yet overall net income hit $77.2 million. Post-quarter, Communications acquired Qypsys to enhance wireless expertise. Backlog stands at $2.1 billion.
10-Q
Q3 FY2025 results
IES Holdings posted solid Q3 FY2025 results, with revenues climbing 15.8% year-over-year to $890.2M, fueled by robust demand in data centers across Communications (up 55.6% to $299.2M), Infrastructure Solutions (up 26.9% to $129.5M), and Commercial & Industrial (up 19.5% to $115.4M), though Residential dipped 8.3% to $346.0M amid housing affordability woes. Gross margins expanded to 26.9% from 25.3%, lifting operating income 24.1% to $111.9M, while diluted EPS rose 42.7% to $3.81 on 20.1M shares. Cash swelled to $101.4M, with operating cash flow at $154.1M for the nine months; free cash flow hit $106.8M (derived) after $47.3M capex. The January 2025 Arrow Engine buyout for $22.4M added $1.3M goodwill, bolstering electro-mechanical capabilities. Backlog stands at $2.1B. Yet competition from third parties and ex-employees could squeeze margins on new bids.
8-K
IES appoints new CEO Simmes
IES Holdings announced Matthew J. Simmes as its new President and Chief Executive Officer, effective July 1, 2025, succeeding Jeffrey L. Gendell, who transitions to Executive Chairman. Simmes, with over 31 years at IES including his current role as President and COO since 2023, brings deep operational expertise to steer the company's growth in electrical and technology systems. This succession aligns with IES's executive plan, emphasizing continuity in strategy and leadership. Smooth handover ahead.
8-K
IES appoints finance veteran to board
IES Holdings elected Kelly C. Janzen, a seasoned finance executive and current CFO of Vestis Corporation, to its Board of Directors on May 12, 2025, also appointing her to the Audit Committee. With over 30 years in financial leadership at firms like BlueLinx, WestRock, and Baker Hughes, Janzen bolsters IES's governance amid its growth in electrical and technology systems. Her expertise sharpens oversight. No related transactions disclosed.
10-Q
Q2 FY2025 results
IES Holdings posted solid Q2 FY2025 results, with revenues climbing 18.2% year-over-year to $834M, fueled by robust demand in data centers across Communications (up 41.1% to $273M), Infrastructure Solutions (up 55.2% to $118M), and Commercial & Industrial (up 29.1% to $125M), though Residential dipped 6.3% to $318M amid housing affordability woes. Gross margins expanded to 25.0% from 24.3%, lifting operating income 19.3% to $93M and diluted EPS to $3.50, up 52.8% from $2.29; EPS reconciles cleanly to 20.2M diluted shares with no anti-dilution flags. Cash from operations hit $62M YTD, down slightly from $59M last year, while free cash flow stood at $32M after $30M capex (derived). The January acquisition of Arrow Engine for $22M cash added $1.3M goodwill and bolstered electro-mechanical capabilities, with no debt outstanding and $294M revolver availability under the expanded $300M facility. Backlog swelled to $1.8B. Yet competition from third parties and ex-employees could squeeze margins on new bids.
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