What is the 13F Pro Quality Score for IESC?

13F Pro ranks IES Holdings, Inc. (IESC) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View IESC's current score at https://13fpro.ai/research/IESC (free sign-up required for the full ranking).

Which hedge funds own the most IESC stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of IESC include GENDELL JEFFREY L, FMR, BlackRock,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/IESC as soon as new 13F filings post.

Where does 13F Pro source IESC data?

All IES Holdings, Inc. fundamentals and ownership data come directly from SEC EDGAR. IES Holdings, Inc. files with the SEC under CIK 1048268. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is IESC in?

IES Holdings, Inc. (IESC) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives IESC's revenue?

Per IES Holdings, Inc.'s latest 10-Q filed with the SEC on 2026-05-01, the biggest revenue drivers are: Communications ($719.6M, +42.2% YoY); Residential ($571.7M, -10.4% YoY); Infrastructure Solutions ($332.6M, +47.3% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/IESC.

How often is IESC research updated on 13F Pro?

IESC's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

IES Holdings, Inc.(IESC)Stock Analysis

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13F Pro Quality Score

73.5/100

Rank #194 of 2,879 stocksTOP 10%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

77.5/100

Profitability

72.0/100

Balance Sheet

97.5/100

Earnings Quality

81.1/100

Free Cash Flow

46.7/100

Institutional Flow

60.5/100

Revenue Scale

72.7/100

Dilution Risk

79.1/100

IESC Stock Analysis & AI Quality Score

AI stock analysis and institutional research for IES Holdings, Inc. (IESC), a Industrials sector company. 13F Pro's AI-powered ranking engine scores IESC at 73.5/100 on a 32-signal composite quality model, placing it at rank #194 of 2,879 stocks — the top 10% of the AI-ranked universe. IESC scores in the top quartile across balance sheet strength (97.5), earnings quality (81.1), revenue growth (77.5). Based on the latest XBRL financial filings (Q2 2026), IES Holdings, Inc. reports quarterly revenue of $974.3M, net income of $110.3M, an operating margin of 11.5%. Top institutional holders of IESC by reported 13-F value include GENDELL JEFFREY L, FMR, BlackRock,, based on the most recent SEC filings. IESC trades on the Nasdaq exchange and files with the SEC under CIK 1048268. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate IESC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for IES Holdings, Inc. directly from SEC EDGAR. IES Holdings, Inc.'s 13F Pro composite quality score has ranged between 48 and 74 since 2021, currently 73.5 — an improving long-term trajectory across 30 quarterly and live scoring snapshots.

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Fun facts about IES Holdings, Inc.

Quirks, history, and lore behind IESC — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. industrials company · small-cap · listed on Nasdaq · headquartered in Houston, Texas.
2
The Numbers
Annual revenue in the range of $2–3 billion, earned by dispatching thousands of skilled tradespeople across multiple business segments — none of them glamorous, all of them essential.
3
The History
The company traces its roots back to the late 1990s, built through acquisitions of specialty contractors into a diversified holding structure — the kind of roll-up story that accountants love and copywriters struggle with.
4
The Secret
Its four segments cover communications infrastructure, residential construction, commercial & industrial wiring, and infrastructure solutions — basically, if a building needs power or data, this company probably helped make it happen.
5
The Lore
The company is a major provider of electrical and technology solutions to homebuilders, data centers, and utilities — quietly riding every megatrend from electrification to broadband expansion without most investors noticing.
6
The Giveaway
Its ticker spells out its initials almost literally: Integrated Electrical Services rebranded and evolved, now trading as a holdings company whose four letters on Nasdaq end in a very corporate "C."

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What's Driving IESC's Business? Latest 10-Q Breakdown

AI-extracted from IES Holdings, Inc.'s 10-Q filed 2026-05-01 — Q2 FY2026 (six months ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

IES Holdings revenue surged 16.5% to $1.85B in H1 FY2026, driven by 42% Communications growth and Infrastructure Solutions expansion, while net income nearly doubled to $201M.

Biggest Revenue Drivers

Total revenue: $1,845.2M+16.5% YoY

Communications$719.6M+42.2% YoY

Continued strong demand in the data center market and growth in distribution center services.

Residential$571.7M-10.4% YoY

Housing affordability challenges and elevated mortgage rates impacted single-family and multi-family demand; pricing pressure from customers persisted.

Infrastructure Solutions$332.6M+47.3% YoY

Strong demand in custom engineered solutions, improved pricing, capacity investments ramping, and Gulf Island Fabrication acquisition on January 16, 2026.

Commercial & Industrial$221.3M+3.5% YoY

Continued strong demand and successful execution in data center end market; expansion in Midwest.

Largest Expense Items

Cost of services$1,370.4M-1.3pp as % of revenue

Improved gross margins in Communications, Infrastructure Solutions and Commercial & Industrial; Residential pressured by lower volumes and customer pricing pressure.

Selling, general and administrative expenses$264.3M+20.6% YoY

Increased personnel costs to support growth, higher incentive compensation from improved earnings, and technology investments for business scalability.

Interest expense$2.0M+155% YoY

Interest on revolving credit facility averaging $41.6M outstanding balance, finance lease payments, and fees on letters of credit and unused commitment.

Margins: Consolidated gross margin expanded 130 basis points to 25.7% in H1 FY2026 versus 24.4% prior year, driven by strong execution and pricing gains in Communications, Infrastructure Solutions, and Commercial & Industrial segments, partially offset by Residential margin compression from volume declines and customer pricing pressure. Operating income margin improved to 11.4% from 10.6% YoY despite elevated SG&A spending.

Watch Items from the Filing

Data center exposure across Communications, Infrastructure Solutions, and Commercial & Industrial segments driving strong growth (42%, 47%, 4% YoY respectively); market concentration risk if demand moderates.
Gulf Island Fabrication acquisition on January 16, 2026 for $152M (net) contributes $37.5M revenue in Q2 FY2026 with initial operating loss of $1.2M; integration ongoing with repositioning of manufacturing capacity expected to improve future profitability.
Backlog increased to $3.86B at March 31, 2026 from $2.37B at September 30, 2025; remaining performance obligations of $2.35B expected to be recognized over next 12 months, supporting revenue growth outlook.
Marketable securities investments totaled $214.0M at March 31, 2026, generating $54.2M gain in H1 FY2026; 10% market decline would reduce pre-tax income by $21.4M, creating earnings volatility exposure.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$974.3M

Net Income

Q2 2026

$110.3M

Free Cash Flow

Q2 2026

$71.5M

Operating Margin

Q2 2026

11.5%

D/E Ratio

Q2 2026

0.03

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+41.8% YoY

$3.37BFY 2025

FY21 $1.54BFY22 $2.17BFY23 $2.38BFY25 $3.37B

Net Income

+182.6% YoY

$306.0MFY 2025

FY21 $66.7MFY22 $34.8MFY23 $108.3MFY25 $306.0M

Operating Income

+140.0% YoY

$383.5MFY 2025

FY21 $85.6MFY22 $56.0MFY23 $159.8MFY25 $383.5M

EPS (Diluted)

+230.8% YoY

$15.02FY 2025

FY21 $3.15FY22 $1.44FY23 $4.54FY25 $15.02

Total Assets

+62.6% YoY

$1.60BFY 2025

FY21 $766.6MFY22 $934.7MFY23 $981.6MFY25 $1.60B

Total Debt

$0.00FY 2025

FY21 $39.7MFY22 $81.6MFY23 $0.00FY25 $0.00

Op. Cash Flow

+85.9% YoY

$286.1MFY 2025

FY21 $37.9MFY22 $16.3MFY23 $153.9MFY25 $286.1M

Metric	FY 2025	FY 2023	FY 2022	FY 2021	FY 2018	FY 2017
Revenue	$3.37B +41.8%	$2.38B +9.7%	$2.17B +41.0%	$1.54B +75.2%	$876.8M +8.2%	$810.7M
Net Income	$306.0M +182.6%	$108.3M +211.5%	$34.8M -47.9%	$66.7M +570.8%	$-14.2M -205.5%	$13.4M
Operating Income	$383.5M +140.0%	$159.8M +185.3%	$56.0M -34.6%	$85.6M +229.7%	$26.0M +27.6%	$20.3M
EPS (Diluted)	$15.02 +230.8%	$4.54 +215.3%	$1.44 -54.3%	$3.15 +570.1%	$-0.67 -208.1%	$0.62
Total Assets	$1.60B +62.6%	$981.6M +5.0%	$934.7M +21.9%	$766.6M +81.7%	$422.0M -0.6%	$424.5M
Total Debt	$0.00	$0.00 -100.0%	$81.6M +105.4%	$39.7M +34.4%	$29.6M +0.4%	$29.4M
Operating Cash Flow	$286.1M +85.9%	$153.9M +846.4%	$16.3M -57.1%	$37.9M +210.2%	$12.2M -45.3%	$22.3M

AI Insight: IESC Financial Trends

IESC revenue surged 38% year-over-year to $974M in Q1 2026, with operating income holding at $112M and equity compounding steadily to $1,073M.

• Revenue grew from $706M in Q1 2024 to $974M in Q1 2026, a 38% year-over-year increase reflecting strong demand acceleration.

• Operating income expanded from $78M in Q1 2024 to $112M in Q1 2026, with operating margin improving from ~11.0% to ~11.5%.

• Equity base nearly doubled from $535M in Q1 2024 to $1,073M in Q1 2026, signaling consistent retained earnings accumulation.

• Operating cash flow in Q1 2026 reached $103M, the strongest Q1 reading in the table, up from $34M in Q1 2024.

⚠ Debt re-emerged at $35M in Q1 2026 after returning to zero in Q4 2025 — modest but worth monitoring for trend.

⚠ Operating cash flow remains highly seasonal; Q4 2025 posted only $28M versus $144M in Q3 2025, signaling lumpy conversion.

⚠ Q3 2025 revenue spike to $1,263M dwarfs surrounding quarters — sustainability of that run-rate is unconfirmed.

AI Insight: IESC Ratio Trends

IESC operating margins have stabilized in the 11–13% band, but ROIC has compressed sharply from a peak of 71.3% in Q3 2025 to 40.5% in Q1 2026.

• Operating margin improved modestly from 11.0% in Q1 2024 to 11.5% in Q1 2026, showing resilience across the cycle.

• ROIC peaked at 71.3% in Q3 2025 then fell to 40.7% in Q4 2025 and 40.5% in Q1 2026 — a 30.8pp two-quarter drop.

• Debt-to-equity remains near zero across most quarters, with only minor upticks to 0.03 in Q2 2025 and Q1 2026.

⚠ ROIC compression from 71.3% to 40.5% in two quarters warrants monitoring — capital deployment efficiency may be deteriorating.

⚠ TTM ROIC of 43.3% sits below Q1 2026's annualized 40.5%, suggesting recent-quarter momentum remains soft.

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Available Research

13F Pro tracks comprehensive data for IES Holdings, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of IESC

GENDELL JEFFREY L
$4.9B10,340,248 sh
FMR LLC
$1.1B2,371,745 sh
BlackRock, Inc.
$338.1M709,571 sh
DIMENSIONAL FUND ADVISORS LP
$218.1M457,949 sh
VANGUARD CAPITAL MANAGEMENT LLC
$190.1M398,929 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$187.0M392,569 sh
FIRST TRUST ADVISORS LP
$166.4M349,163 sh
GEODE CAPITAL MANAGEMENT, LLC
$141.0M295,842 sh
Pertento Partners LLP
$110.2M231,239 sh
STATE STREET CORP
$98.9M207,544 sh

Fund	Value	Shares
GENDELL JEFFREY L	$4.9B	10,340,248
FMR LLC	$1.1B	2,371,745
BlackRock, Inc.	$338.1M	709,571
DIMENSIONAL FUND ADVISORS LP	$218.1M	457,949
VANGUARD CAPITAL MANAGEMENT LLC	$190.1M	398,929
VANGUARD PORTFOLIO MANAGEMENT LLC	$187.0M	392,569
FIRST TRUST ADVISORS LP	$166.4M	349,163
GEODE CAPITAL MANAGEMENT, LLC	$141.0M	295,842
Pertento Partners LLP	$110.2M	231,239
STATE STREET CORP	$98.9M	207,544

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Is IESC a good stock to buy?

13F Pro's AI-powered analysis of IES Holdings, Inc. (IESC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for IESC are available on the IESC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own IESC?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling IESC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of IES Holdings, Inc.'s investment landscape.