IES Holdings Inc (IESC) - Net Assets
Based on the latest financial reports, IES Holdings Inc (IESC) has net assets worth $965.21 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.66 Billion) and total liabilities ($693.17 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IES Holdings Inc (IESC) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $965.21 Million |
| % of Total Assets | 58.2% |
| Annual Growth Rate | 16.41% |
| 5-Year Change | 139.64% |
| 10-Year Change | 294.47% |
| Growth Volatility | 451.68 |
IES Holdings Inc - Net Assets Trend (1997–2025)
This chart illustrates how IES Holdings Inc's net assets have evolved over time, based on quarterly financial data. Also explore IES Holdings Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for IES Holdings Inc (1997–2025)
The table below shows the annual net assets of IES Holdings Inc from 1997 to 2025. For live valuation and market cap data, see IESC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $887.96 Million | +36.17% |
| 2024-09-30 | $652.11 Million | +30.44% |
| 2023-09-30 | $499.94 Million | +28.03% |
| 2022-09-30 | $390.48 Million | +5.38% |
| 2021-09-30 | $370.55 Million | +29.96% |
| 2020-09-30 | $285.12 Million | +14.26% |
| 2019-09-30 | $249.54 Million | +11.58% |
| 2018-09-30 | $223.64 Million | -6.82% |
| 2017-09-30 | $240.00 Million | +6.62% |
| 2016-09-30 | $225.10 Million | +121.96% |
| 2015-09-30 | $101.41 Million | +15.28% |
| 2014-09-30 | $87.97 Million | +40.79% |
| 2013-09-30 | $62.49 Million | +17.55% |
| 2012-09-30 | $53.16 Million | -17.33% |
| 2011-09-30 | $64.30 Million | -36.46% |
| 2010-09-30 | $101.20 Million | -23.65% |
| 2009-09-30 | $132.55 Million | -9.90% |
| 2008-09-30 | $147.11 Million | -4.43% |
| 2007-09-30 | $153.93 Million | -0.46% |
| 2006-09-30 | $154.64 Million | +875.11% |
| 2005-09-30 | $15.86 Million | -88.92% |
| 2004-09-30 | $143.17 Million | -45.96% |
| 2003-09-30 | $264.91 Million | +4.80% |
| 2002-09-30 | $252.78 Million | -52.18% |
| 2001-09-30 | $528.64 Million | +4.12% |
| 2000-09-30 | $507.75 Million | +8.69% |
| 1999-09-30 | $467.17 Million | +54.33% |
| 1998-09-30 | $302.70 Million | +2302.41% |
| 1997-09-30 | $12.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IES Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6744.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $800.82 Million | 90.59% |
| Common Stock | $220.00K | 0.02% |
| Other Components | $82.92 Million | 9.38% |
| Total Equity | $883.96 Million | 100.00% |
IES Holdings Inc Competitors by Market Cap
The table below lists competitors of IES Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Formosa Plastics Corp
TW:1301
|
$10.33 Billion |
|
Anglo American Platinum Ltd
JSE:AMS
|
$10.35 Billion |
|
The J. M. Smucker Company
NYSE:SJM
|
$10.35 Billion |
|
Leonardo DRS, Inc. Common Stock
NASDAQ:DRS
|
$10.36 Billion |
|
Aritzia Inc
TO:ATZ
|
$10.32 Billion |
|
Western Mining Co Ltd
SHG:601168
|
$10.32 Billion |
|
Gartner Inc
NYSE:IT
|
$10.31 Billion |
|
Vietnam JSCmmercial Bank for Industry and Trade
VN:CTG
|
$10.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IES Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 611,113,000 to 883,955,000, a change of 272,842,000 (44.6%).
- Net income of 305,975,000 contributed positively to equity growth.
- Share repurchases of 41,644,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $305.98 Million | +34.61% |
| Share Repurchases | $41.64 Million | -4.71% |
| Other Changes | $8.51 Million | +0.96% |
| Total Change | $- | 44.65% |
Book Value vs Market Value Analysis
This analysis compares IES Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 14.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 234.16x to 14.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-09-30 | $2.80 | $655.64 | x |
| 1998-09-30 | $15.32 | $655.64 | x |
| 1999-09-30 | $13.50 | $655.64 | x |
| 2000-09-30 | $12.56 | $655.64 | x |
| 2001-09-30 | $12.93 | $655.64 | x |
| 2002-09-30 | $6.34 | $655.64 | x |
| 2003-09-30 | $6.84 | $655.64 | x |
| 2004-09-30 | $3.71 | $655.64 | x |
| 2005-09-30 | $0.41 | $655.64 | x |
| 2006-09-30 | $10.06 | $655.64 | x |
| 2007-09-30 | $10.22 | $655.64 | x |
| 2008-09-30 | $9.79 | $655.64 | x |
| 2009-09-30 | $9.25 | $655.64 | x |
| 2010-09-30 | $7.02 | $655.64 | x |
| 2011-09-30 | $4.44 | $655.64 | x |
| 2012-09-30 | $3.51 | $655.64 | x |
| 2013-09-30 | $4.04 | $655.64 | x |
| 2014-09-30 | $4.76 | $655.64 | x |
| 2015-09-30 | $4.71 | $655.64 | x |
| 2016-09-30 | $10.39 | $655.64 | x |
| 2017-09-30 | $10.99 | $655.64 | x |
| 2018-09-30 | $10.40 | $655.64 | x |
| 2019-09-30 | $11.55 | $655.64 | x |
| 2020-09-30 | $13.43 | $655.64 | x |
| 2021-09-30 | $16.41 | $655.64 | x |
| 2022-09-30 | $17.29 | $655.64 | x |
| 2023-09-30 | $22.04 | $655.64 | x |
| 2024-09-30 | $29.93 | $655.64 | x |
| 2025-09-30 | $43.80 | $655.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IES Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.08%
- • Asset Turnover: 2.11x
- • Equity Multiplier: 1.81x
- Recent ROE (34.61%) is above the historical average (-29.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 29.37% | 4.00% | 2.58x | 2.84x | $2.44 Million |
| 1998 | -0.02% | -0.01% | 0.77x | 1.66x | $-30.32 Million |
| 1999 | 10.30% | 4.64% | 1.21x | 1.84x | $1.39 Million |
| 2000 | 4.17% | 1.27% | 1.64x | 2.01x | $-29.62 Million |
| 2001 | 5.43% | 1.70% | 1.64x | 1.96x | $-24.15 Million |
| 2002 | -108.14% | -18.53% | 2.07x | 2.81x | $-298.63 Million |
| 2003 | 7.71% | 1.41% | 2.03x | 2.70x | $-6.06 Million |
| 2004 | -87.22% | -8.77% | 2.45x | 4.06x | $-139.18 Million |
| 2005 | -805.55% | -11.58% | 2.65x | 26.25x | $-129.34 Million |
| 2006 | -5.28% | -1.95% | 1.12x | 2.43x | $-23.64 Million |
| 2007 | -2.87% | -0.49% | 2.53x | 2.30x | $-19.80 Million |
| 2008 | 0.46% | 0.08% | 2.56x | 2.17x | $-14.03 Million |
| 2009 | -8.92% | -1.77% | 2.48x | 2.03x | $-25.07 Million |
| 2010 | -31.72% | -6.97% | 2.22x | 2.05x | $-42.22 Million |
| 2011 | -58.62% | -7.83% | 2.67x | 2.80x | $-44.12 Million |
| 2012 | -22.20% | -2.59% | 2.77x | 3.10x | $-17.12 Million |
| 2013 | -5.72% | -0.72% | 2.76x | 2.87x | $-9.82 Million |
| 2014 | 6.05% | 1.04% | 2.55x | 2.29x | $-3.47 Million |
| 2015 | 16.27% | 2.88% | 2.54x | 2.23x | $6.36 Million |
| 2016 | 54.10% | 17.36% | 1.77x | 1.77x | $98.47 Million |
| 2017 | 5.66% | 1.65% | 1.91x | 1.79x | $-10.27 Million |
| 2018 | -6.44% | -1.62% | 2.08x | 1.91x | $-36.24 Million |
| 2019 | 13.48% | 3.08% | 2.42x | 1.81x | $8.58 Million |
| 2020 | 14.68% | 3.49% | 2.12x | 1.98x | $13.27 Million |
| 2021 | 19.27% | 4.34% | 2.00x | 2.22x | $32.06 Million |
| 2022 | 9.62% | 1.60% | 2.32x | 2.59x | $-1.37 Million |
| 2023 | 24.06% | 4.56% | 2.42x | 2.18x | $63.29 Million |
| 2024 | 35.86% | 7.60% | 2.32x | 2.04x | $158.00 Million |
| 2025 | 34.61% | 9.08% | 2.11x | 1.81x | $217.58 Million |
Industry Comparison
This section compares IES Holdings Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $928,338,300
- Average return on equity (ROE) among peers: -0.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IES Holdings Inc (IESC) | $965.21 Million | 29.37% | 0.72x | $10.33 Billion |
| Arcosa Inc (ACA) | $1.95 Billion | 3.56% | 0.63x | $5.50 Billion |
| Aecom Technology Corporation (ACM) | $2.22 Billion | -2.63% | 1.55x | $10.87 Billion |
| Argan Inc (AGX) | $292.57 Million | 24.04% | 1.20x | $6.36 Billion |
| Ameresco Inc (AMRC) | $286.31 Million | 3.63% | 1.20x | $1.09 Billion |
| Api Group Corp (APG) | $2.87 Billion | 5.33% | 1.65x | $19.15 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $321.71 Million | 5.04% | 1.79x | $342.26 Million |
| Topbuild Corp (BLD) | $1.00 Billion | -1.27% | 0.46x | $12.32 Billion |
| Blink Charging Co (BLNK) | $213.83 Million | -25.78% | 0.08x | $95.19 Million |
| Bowman Consulting Group Ltd (BWMN) | $-23.28 Million | 0.00% | 0.00x | $483.57 Million |
| Cadeler A/S (CDLR) | $143.76 Million | -16.53% | 0.86x | $2.10 Billion |
About IES Holdings Inc
IES Holdings, Inc. designs and installs integrated electrical and technology systems and provides infrastructure products and services in the United States. The Communications segment designs, builds, and maintains communications infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce di… Read more