IESCIES Holdings, Inc.
Is the business good?
A genuinely good business: earnings fully cash-backed (1.0×), margins widening, and elite returns on assets.
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
High-quality, exceptional returns on the assets themselves, not leverage. ROE 35% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is IESC?
IES Holdings, Inc. keeps 12% of every revenue dollar as operating profit, against 7.8% for the median Engineering & Construction name.
Operating margin · Engineering & Construction median 7.8% · 12 months to Q3 2026
- Cash conversion
- 0.99×
Cash conversion · 0.93× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +0.46%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 26%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 4.2% |
| FY2021 | 5.6% |
| FY2022 | 2.6% |
| FY2023 | 6.7% |
| FY2024 | 10% |
| FY2025 | 11% |
Details›
- Gross margin12 months to Q3 2026
- 26%
- Operating margin12 months to Q3 2026
- 12%
- Net margin12 months to Q3 2026
- 11%
- Free cash flow margin
- 5.7%
- Revenue, trailing twelve months
- $3.99B
- Free cash flow, trailing twelve months
- $228M
- Net income, trailing twelve months
- $452M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Engineering & Construction
Ranks #2 of 25 by RyuScore